The weekly Republican. (Plymouth, Ind.) 1911-1922, 1911-07-06
GOVERNMENT BANK
HERE ON JULY 22ND
Postmaster Steiner Receives Instructions
AS To the New Institution of Uncle
Sam--Preparations Making for Open
ing of Banking Facilities

payable only to the person to whom
issued.
10. On opening an account a de-
positor is supplied with an envelope
in which he may keep his savings
certificates. On this envelope is
printed information for his guidance,
and also a blank ledger record on
which to keep an account of his de-
posits and Withdrawals.
16. In case a savings certificate
Is lost or destroyed the depositor
should notify the postmaster If
deemed proper, new certificate will
be issued >upon compliance by the
depositor with the necessary require
ments.
II. Postmasters are not permitted
to receive savings cert ficates for
safe-keeping.
Savings Cards and Stamps.
Is. Amounts less than ST may be
saved for deposit by the purchase f
1Q-cent postal-savings cards and ad-
hesive 10-cent postal-savings stamps.
Each postal-savings card contains
blank spaces to which savings
stamps may be affixed from time to
time as purchased, and a postal-sav-
ings card with nine 1O-cent savings
stamps thus affixed will be accepted
as a deposit Of ST. either in opening
an account or in adding to an exist
ing account.
19. Savings cards and stamps will
be redeemed only by the issue of
savings certificates and are not valid
for postage. They will not be re-
ceived in exchange for postage
stamps nor will postage stamps be
accepted in exchange for postal-sav-
ings cards or stamps.
Intere-t
20. Interest will be allowed on all
deposits at the rate of 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
fraction of year only.
2l. Deposits will bear interest from
the 1st day Of the month next fol
lowing that in which deposited.
%. Interest will continue to accrue
on a savings certificate as long as il
remains outstanding, certificates be.
ing valid until paid, without limita-
ton as to time.
%. Compound interest is not al
lowed on an outstanding certificate
but depositor. may withdraw inter.
est payable and include it in a new
deposit, which will bear interest al
the regular rate.
Withdrawals.
"a. A depositor may at any time
withdraw the whole or any part oi
his deposits to his credit with any
interest payable by surrendering say
ings certificates, properly indorsed
for the amount desired.
25. A depositor presenting certif
icate for payment in full with all in
tsrest payable must indorse ton tn
back in the presence Of the postmast
Yer or his representative and surren
der it. The postmaster or his repre-
sentative, if satisfied as to the de
positor's identity, will saen maxi
payment.
When a depositor desires to with
draw only a part Of the amour
called for by any certificate the post
master will cancel the certificat
and issue a new certificate coverin'
the amount to be left on deposit. Tn
new certificate will be so dated tha
the depositor will not lose intefes
on the amount remaining contnu
ously on deposit.
| 27. When a depositor desires t
withdraw merely the interest pay
able on any certificate, instead OF IN
jdorsing and surrendering the certifi
cate as in case Of full payment, b
Twill be required to give his receir
in duplicate for the amount OF the II
Iterest paid. The postmaster will er
tier the interest paymert on the bac
of the certificate and return it to tb
depositor.
/ Deposits Not Made in rerson.
| %. When person who has opene
fan account can not appear PERSONAL