The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1911-09-03


senting a certificate for payment in
full with all interest payable must
indorse 1t On the back in the presence
of the postmaster or his representa-
tive and surrender it. The postmas-
ter or his representative, if satisfied
as to the depositor's identity, will
then make payment. When a depos-
itor desires to withdraw only a part
of the amount called for by any GER
tificate the postmaster will cancel the
certificate and issue new certificate
covering the amount to be left on
deposit. The new certificate will be
SO dated that the depositor will not
ing continuously on deposit. When
depositor desires to withdraw merely |
the interest payable on ;.ny certificate
instead Of indorsisg and surrendering
. the certificate as in case OF full pay
ment, 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 depositor.
When person who has opened an
account cannot appear personally to
make an additional deposit, because
of infirmity or for other good and
sufficient reason, the amount to be
deposited may be sent by repre-,
sentative or forwarded by mail. On
receipt of the amount the postmaster
will send to the depositor the dupll.
cate of each savings certificate to be
issued. When the duplicate or dupli-
| Gates thus delivered have been signed
by the depositor and returned to the
| depository office, the postmaster will
| send him the original certificates
covering the amount of the deposit.
New accounts can not be opened by
mail. When an intending depositor
desiring to open an account is unable
! to appear in person he may forward
the money by a representative, who
will be provided with an application
| form, which must be properly filled
out by the intending depositor ana
returned with the depulicate GER
tifcate or certificates.
In case of the death of depositor
the amount standing to his credit
/ will be paid to the executor or ad-
ministrator of his estate upon COM
pliance with the necessary require
ments. In case no formal administra-
ton is desired by his relatives, the
i postmaster may, il 1t is deemed prop
i or, be authorized to pay the amount
of the deposit, on application in prop"
er form, to the persons entitled to re-
ceive it, without the appointment of
an administrator
A woman who opens an account
| and afterwards marries must present
ner savings certificates at her office
) in order that the certificates may be
) endorsed as payable to her in her new
; name. The postmaster will receive
3 no further deposits from a depositor
!. failing to comply with this require
/ ment, nor will he make any partial or
: interest payment to her.
r A depositor will be permitted to ex-
e change the whole or any part of his
i. deposits in sums of $40, $40, $50, $50
S 500, or multiples of 800 up to and
r including $500, into United States reg
s istered or coupon bonds bearing in
0 terest at the rate of IA per cent pei
o annum, payable semiannually, ant
t redeemable at the pleasure of the
j. United States after one year from
8 date of issue, both principal and in
r terest payable twenty years from sucl
y date in United States gold coin. Suci
n exchange may be made under date o
s January l and July of each year
h provided such bonds are then avail
j. able. A depositor desiring to con
A. vert his savings deposits into bond
q on January and July j of any yea
p must make application at least fifteel
4 days before either of the dates name
e to the postmaster in triplicate on
IF form which will be supplied him TO
If that purpose. At the time of maxim
II application he must indorse and SUI
e. render savings certificates GOVERN
e. the amount of the bonds desired, TO
r which the postmaster will give hir
IS a receipt Interest will continue
accrue on ceTJlHcdLeS SURRENDERED VI
"A til the date on which the bonds ar
nj issued. When the bonds applied fo
70 are received by the postmaster, tn
N depositor will be notified and th
,k bonds will be delivered by the pos
Az master on presentation of the receiI
r.. for the certificates surrendered.
IN the same time all interest due on tn
4. certificates surrendered will be pai
of Savings deposits converted into bont
or are not counted as part of the ma
~ imum of $500 allowed one deposito
no and there is no limitation upon IL
~. amount of available postal-savins
'or bonds which may finally be acquire
ge by depositor. Postal savin'
Tor bonds are exempt from all taxes
duties of the United States, as We
de- as from taxation in any form by
Ter under state, municipal, or local a
,gs thority. Postal-savings bonds c;
BILE only be procured by the conversion
on postal-savings deposits, and will n
= be issued to persons who are not {
Int Vrha IN, CT