The Hartford republican. (Hartford, Ky.) 18??-1926, 1911-09-29
Will START
ON OCT. 26
Hartford Post Office to Be
Savings Depository.
Official Notice Received last Sat
nrday by Postmaster Heavrin
Many Cities Without 1t.

The Republican has been informed
by Postmas ar Heavrin that he has
received official notice from Postmas-
ter Ganaral F. II. Hitchcock that
Hartford has been selected as n point
for a U. S. Postal Savings Bank. 1t
is to be put in operation on October
26, 1911. This is signal distinction
for Hartford, as many goOd-sized ci-
ties are still without postal banks,
although clamoring for than. Hart
ford was thus early granted u postal
bank, because the U. S. Government
recognized it as being one of the i'm
portant agriculture and labor centers
of the country. All necessary savings
cards and stamps will he sent Mr.
Heavrin immediately by the Govern
ment.
ABOUT THE SAVINGS SYSTEM.
The postal savings system is cstab-
lished for the purpose of providing
facilities fer depositing savings at in
terest with the security of the Unit
ed States government for Repayment.
The faith of the United States is
solemnly pledged to the payment of
deposits made in postal savings de-
pository offices with accursd interest
as provided by the postal-savings act.
Accounts may be opened and de-
posits made by any person of the age
of ten Years or over in his or her
own name and by married woman
in her own name and free from any
interference or control by her hus-
band. No person can have more than
one account at any one Tins.
No person may open a postal-sav-
ings account at any postoffice who is
not a pa:rCn of that office.
All accounts must be opened in
person by the deposition or his au-
thorized rspras an.atve. After open-
ing the account a dapositor may for
ward subsequent deposits to the post
office by mail.
Deposits will be accepted only
from individuals, and no account will
be opaned in the name of amy cor
pora'ion, association, society, firm,
or partnership, or in the names of
two or more Persons jointly.
No account will be opsned in the
name of one person in TRUST or on
behalf of anothre person or persons.
The service of the postal savings
system is free. and no Charge or fee
is collected or required in connection
with the opening of an account or
the withdrawal of money deposited
Postmasters are not permitted to
neceive savings certificates for safe
keeping.
Amounts less THAN 81 may be saw
ed for deposit by the purchase of 10
can't postal-saNings cards and ad-
hesIve ten-cent pos.al-savngs
stamps. Each postal-savings card con-
tains blank spaces. 70 which savings
stamps may be affixed from time
TO time as purchased, and postal
savings card with nina ten-oent saw
ings stamps thus affixed will be ac-
cepted as a deposit of 81 either in
opening an account or in adding to
an existing account.
Savings cards and stamps will he
redeemed only by the issue of saw
ings certificates and not valid for
postage. They will not be received
in exchange for postage stamps, nor
will postage stamps be accepted in
exchange for postal-sawings cards or
stamps.
Interest will be allowed on all de-
posits at therate OF 2 per cent. per
annum, computed on each savings
certificate separately, and payable
annually. No interest will be paid
ON money which remains on deposit
for a Traction of year only.
Deposits will bear interest from
the first day OF the month next fol-
lowing that in which dspositsd.
Interest will continue to accrue on
a savings esrhificate as long as II
outstanding. certificates be-
ing valid until paid. without limita
hon as TO thine.
Compound interest Is not allowed |
pm an outstanding certificate. but a |
iepositor may withdraw interest pay
able and include Il In a new dAnosit. !