The Delta independent. [volume] (Delta, Colo.) 1886-19??, 1911-06-23

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out limitation as to time.
%. Compound interest is not al
lowed on an outstanding certificate
but a depositor may withdraw inter
est payable and include it in a new
deposit, which will bear interest at
the regular rate
Deposits Not Made in Person.
2S. When a person who has
opened an account cannot appear
personally to make an additional de-
post, because of infirmity or for
other good and sufficient reason,
the amount to be deposited may be
sent by representative or for
warded by mail. On receipt of the
amount the postmaster will send to
the depositor the duplicate OF each
savings certificate to be issued.
When the duplicate or duplicates
thus delivered have been signed, by
The depOsltor and returned to the
depository office, the postmaster will
send him the original certificates
covering the amount of the deposit.
New accounts cannot be opened by
Eiail. When an intending depositor
desiring 10 open an account is I'M
able to appear in person he may for
ward the money by a representative
who will be provided with an APP
Ilicatiou form which must be prop
erly filled out by the intending de-
position and returned with the dupli-
cate certificate or certificates.
Withdrawals Not Made in Person.
2S. When under similar circum-
stances depositor cannot appear in
person to make a withdrawal, a
blank order will be furnished for
his use on request by his represen-
tative. When such order has been
properly filled in and signed by
the depositor with his signa | re wit
messed by a disinterested person,
and has been returned to the post
master, together with each certifi-
cate to be paid properly Endorsed
payment will be made to the deposit
or's representative.
80. When a depositor who is un-
able to appear in person desires to
Withdraw merely the interest pay
aDie on amy certificate, the blank
order furnished will include re-
ceipts for the interest to be paid,
upon return OF which, properly sign
ed by the depositor, the postmaster
will make payment to his represen-
tative.
Death of Depositor.
81. In case OF the death of a
depositor the amount standing to
his credit will be paid to the ex-
ecutor or administrator of his es-
tate upon compliance with the neces
sary requirements. In case no Tor
NAL administration is desired by his
relatiy es, the postmaster may, il it
is deemed proper. be authorized to
Pay the amount of the deposit, on
application in proper form to the
persons entitled to receive it, with
out the appointment of an admins
traitor.
Account of Woman Who Marries
So A woman who opens an &C
count and afterwards marries mus
present her savings certificates a
ner office in order that the certiti
Gates may be indorsed as payable
10 her in her new name. The post
master will receive no further de
posits from a depositor failing tc
comply with this requirement, mol
will he make any partial or inter
est payment to her.
Postal Savings Bonds.
SO. A depositor will be permit
ted to exchange the whole or any
part of his deposits in sums of $50
$40, $50. 500 or multiples of SlOt
up to and including $500, into
United States registered or coupon
bonds bearing interest at the rate
OF : y % per annum, payable semi
annually. and redeemable at tn.
pleasure of the United States atteI
one year from date OF issue, botf
principal and interest payable ?,
years from such date in United
states gold coin. Such exchange
may be made under date of Januar!
/ and July l of each year, provid
ed such bonds are then available.
"a. A depositor desiring to con
vert his savings into bonds on Jan
uary / and July l of any year mus
make application at least % day
before either OF the dates named
to the postmaster in triplicate on :
form which will be supplied him TO
that purpose. AT the time of max
ing application he must indorse an'
surrender savings certificates GOV
ering the amount of bonds desired
for which the postmaster will giv'
him a receipt. Interest will con
tinue to accrue on certificates sur
rendered until the date on which
the bonds are issued. When the
bonds applied for are received b!
the postmaster, the depositor viii
be notified and the bonds will b'
delivered by the postmaster on pre-
sentation of the receipt for thu
certificates surrendered, At tn,