Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1911-10-14
CUSTER CITY. SOUTH DAKOTA. SATURDAY. OCTOBER H. 1911

/ ~. w uCu u u0pO8IVON uootIcb W Will
draw only part of the amount called
for by any certificate the postmaster viii
cancel the certificate and issue new
certificate covering the amount to b
left on deposit. The new certificate viii
be 90 dated that the deposition will mo-
lose interest on the amount remaining
continuously on deposit.
q. When depositor desires to with
draw merely the interest payable or
any certificate, instead of indorsing and
surrendering the certificate as In case o.
full payment, he will be required to give
his receipt in duplicate for the amount
of the interest paid. The postmaster
will enter the interest payment on the
back of the certificate and return it to
the dspositor.
Deposits not Made in Person.
%. When person who has opened
an account can not appear personally to
make an additional deposit, because ol
infirmity or for other good and sufficien,
reason, the amount to be deposited may
be sent by representative or forwarded
by mail. On receipt-of fbe amount the
postmaster will send to the deposition
the duplicate of each savings certificate
to be issued. When the duplicate O,
duplicates thus delivered have been
signed by the deposition and returned tc
the depository office the postmaster will
send him the original certificates cover
ing the amount of the deposit. New &C
counts can not be opened by mai
When an intending depositor desiring
to open an account is unable to appear
in person he may forward the money by
representative, who will be provided
with an application form, which musl
be properly filed out by the intending
deposition and returned with the dupli
cate certificate or certificates.
Withdrawals not Made in Person.
20. When under similar circum.
stances a depositor can not appear in
person TO make q withdrawal, a blank
order will be furnished for his use upon
request by his representative. When
such order has been properly filled iu
and signed by the depositor, with his
signature witnessed by a disinterested
person and has been returned to the
postmaster, together with each certifi
cate to be properly indorsed, payment
will be made to the depositor's repre-.
sentative.
Death OF Deposition.
81. In case of the death of deposi.
tor the amount standing to his credit
will be paid to the executor or admins.
traitor of his estate upon compliance
with the necessary requirements. In
case no formal administration is desired
by his relatives, the postmaster may, il
it is deemed proper, be authorized to
pay the amount of the deposit, on ap-
plication in proper form, to the persons
N. al 10 ,.,sk
pointment of an administrator.
Account OF Woman Who Marries.
80. A woman who opens an account
and afterwards marries must present her
savings certificates at her Office in order
that the certificates may be indorsed as
payable to her new name. The post
master will receive no further deposits
from>a depositor failing to comply with
this requirement, nor will he make any
partial or interest pay ment to her.
Postal-Savings Bonds.
33. A depositor will be permitted to
exchange the whole or any part of his
deposits in sums of $40, $40, $50, $50,
500, or multiples OF 800 up to and in
cluding $500, into United States regis.
tered or coupon bonds bearing interest
at the rate of 2I per cent per annum,
payable semi-annually, and redeema BILE
at the pleasure of the United States after
one year from date of issue, both prin-
cipal and interest payable 20 years from
such date in United States gold coin.
Such exchange may be made under date
Of January lst and July lst of each year,
"a. A depositor desiring to convert
l. 10 30 :~N@ L.. -.
ary lst and July lst Of any year must
make application at least Is days before
either of the dates named to the post.
master in triplicate on form which will
be supplied him for that purpose. At
the time Of making application he must
indorse and surrender savings certifi-
Gates covering the amount of the bonds
desired, for which the postmaster will
give him a receipt. Interest will con-
tinue to accrue on certificates surrender
ed until the date on which the bonds
are issued. When the bonds applied
for are received by the postmaster, the
depositor will be notified and the bonds
will be delivered by the postmaster on
presentation of the receipt for the GER
tificates surrendered. At the same time
all interest due on the certificates sur.
rendered will be paid.
35. Savings deposits converted into
bonds are not counted as a part of the
maximum $500 allowed one depositor,
and there is no limitation upon the
amount of available postal savings bonds
which may finally be acquired by de.
positor.
SO. Postal savings bonds are exempt
from all taxes or duties Of the United
States, as we'll as from taxation in any
form by or under state, municipal or To-
cal authority.
81. Postal savings bonds can only be
procured by the conversion of postal
savings deposits, and will not be issued
to persons who are not depostors, but
whether in registered or coupon form
they may, upon receipt by the deposition
be sold and assigned at any time to any
person desired.
Information.
3S. Further information concerning
the Postal Savings System may be OBJ
tanned by application at any depository
Office or by inquiry addressed to thu
Postmaster General Postal Savings Sys
tenn, Washington, d. G.
FRANK II. HITCHCOCK,
Postmaster General.
PRINGBE PARAGRAPHS.