The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1911-09-22
new DEPARTURE FOR
LOCAL OFFICE
SATURDAY
Considerable Interest Manifest
Methods Of Handling De.
posts Indicated

Postmaster =. v. Kent has received a
great many requests during the past
few days for information Concerning
the postal savings department and the
method of handling deposits, opening
accounts, depesiting cash. etc. In a
statement that has been provided by
the postoffice department q very thor
ough statement Of the new departure
Is made, indicating quite clearly Just
what may be expected Of the savings
department.
The Grand Forks postofice opens its
postal savings department Saturday
morning at 8 o'clock and the following
statement will, as q result, be of In
terest to many:
Object
The postal savings system Is estab-
lished for the purpose Of providing
facilities for depositing savings at in
terest with the security of the United
States government for repayment.
Safety.
b faith Of the United States is
solemnly' pledged to the payment Of
deposits made in postal savings de-
pository onices with accrued interest
as provided by the postal savings act.
Who May Deposit.
Accounts may be opened and de-
posits made by any person of the age
OF 10 years or over In his or her own
name and by q married woman in her
own name and free from any inter-
ference or control by her husband.
No person can have more than one ac-
count at any one time.
No person, may open a postal saw
ings account at any postof1ice who Is
not q patron of that Office.
All accounts must be opened in per-
son by the depositor or his authorized
representative. After opening an ac-
count a depositor may forward subse-
quent deposits to the postofice by
mail. =.
Deposits will be accepted only from
individuals. and no account will be
opened In the name Of any corpora
ton. association, society, firm OF
partnership, OF In the names Of two or
more persons Jointly.
No account will be opened in the
name Of n person In trust for or on
behalf of another person or persons.
Service Free.
The service Of the postal savings
yystem ID free, and no charge or fee
, collected or required in connection
with the opening Of an account or the
withdrawal Of money deposited.
Privacy Of Accounts.
No person connected with the post
pfice department or the postal service
b permitted to disclose the name of
lny depositor or give any Information
concerning an account except to the
lepositor himself, unless directed to
10 50 by the postmaster general.
, How to Open an Account.
When q person applies to open an
account he must furnish the necessary
Information for the postmaster or his
representative to fill out an applica-
hon, which he will then be required
% sign. II the applicant signs by
bark his signature must be witnessed
~ a d~isinterested person.
Deposits.
Deposits are evidenced by postal
)avings certificates issued in fixed de-
nominations Of 81, So, s., SO, $40,
$50. and 500, each bearing the name
II the depositor, the number Of his
account, the date Of issue. the name
bf the depository office, and the date
Dn which interest begins. The post
master or his representative will make
put q duplicate Of each certificate is-
)ued, which the depositor will be re-
nuired to sign and which the post
master will retain In his records.
No account may be opened for less
than 81, nor will fractions Of q dollar
be accepted for deposit.
No person Is permitted to deposit
more than 500 In any one calendar
month nor to have a total balance to
bis credit at one time Of more than
$500 exclusive Of accumulated inter
ut.