Evening journal., 1911-12-21
5 PER CENT.
ON SAVINGS FOR
DUPONT MEN
lconlInued nom FIrst Page.l

(JODtlnucd from First Fagc.)
panys new plan. The details are set
forth in the circular sent yesterday
20 every employe OF the company as
follows
"To encourage its employees in the
habit OF saving and to that end, offer
them facilities which might otherwise
be lacking E. l. dupont de NemouIs
Powder Company has established the
Following plan, open to all depart
ments.
Interest.
Interest viii be allowed on deposits
at the rate of 5 per cent. per annum
and will be credited to depositors
semi-annually ON May 10 and Novem-
Der 10th, becoming part of the princi-
pal on those dates. Interest viii cease
on the date an employe leaves the SER
vice OF the company.
Amount OF Deposit.
mo deposit of less than one dollar
will be accepted, and no interest viii
be allowed on fractional parts OF a
dollar No person viii be permitted
10 deposit more than two thousand
(S2,000) dollars in the savings fund
account in any one year
Receipts.
The company does not contemplate
giving pass books to dcpositors, but
will issue separate receipts for each
deposits, sending to each depositor an
envelope in which TO keep them.
Receipts to be issued by the Off
cials authorized to do so will be sent
TO them in the form of books contain
ing fifty receipts printed in duplicate.
receipt for the depositor and the Sal
airy Department respectively. No one
receipt will be good for more than
twenty-five dollars, but several may
be issued I'm connection with any de-
post IL necessary. Receipts for un-
limited amounts may be issued by the
Salary Department.
Deposits.
Deposits may be made by employees
in any Of the following ways:
"(a) BY sending direct TO the Salary
Department. checks, express money
orders, postofnce orders or bank cer-
tihcates of deposit drawn or endorsed
to the order of Il. I. DUPONT do Ne
mours Powder Company receiving
therefor receipts from the Salary De-
partment addressed to them person.
ally
"(b) BY depositing any of the above
mentioned checks. money orders or
certificates with the mill superinten-
dents cashiers. or other officials 20
whom receipt books have been sent,
who will issue receipts, countersigned
by them to the depositors and immedi-
ptely forward such deposits with
copies of the receipts TO the Salary
Department
"(c) BY deposiiing cash with the
aforesaid officials who will issue re-
ceipts as above and send copies of
same with acceptable checks to the
Salary Department
I'D BY deductions from the salary
merit or pay rolls for tho whole or q
part of the amount due them. Such de-
ductions will be made upon written
application either to the Salary De-
partment by salaried employees or to
the superiniendents by pay roll en-
loyes, being designated on the rolls by
the initials c. S. r. (Cedit Savings
FUND.- Receipts for amounts deducted
will be sent by the Salary Department
TO salaried employees personally, and
to pay or merit roll employees in care
OF the superintendent.
Deposits must be received by the
salary department. Wlluln the NINl Ten
DAYS Of the month in order to secure
interest on them during that month
interest on deposits received later will
begin on the 10th Of the month fol-
lowing
Deductions.
Notices of deductions from the sal
airy roll for any month must be receiv.
cd by the Salary Department before
The tenth of that month. Standing or
dcrs for monthly deductions will be
accepted and will be good until count
ermanded.
fsignature Cards.
Employees opening savings fun,
accounts with the company will hl
furnished with special signature
cards. which they Will be required {,
sign and return to the Salary oo
partment
Withdrawals.
Withdrawals Of deposits wholly o.
In part. may be made by means O
drafts on authorized forms to be oh
lained from the superintendent, o
Eales managers or the Salary Depart
ment. These drafts are not negotia
bic, but will be honored by the com
pany when received duly signed b
the depositor dated and attestcd b
two witnesses. Acknowledgment