Arizona republican., 1911-11-16

IbD They are payable only to the
PERSONS To whom issued or their as
signs.
tcD The ownership of registered
| bonds can be transferred only by as.
Segment in proper form.
Registered bonds are assigned by
the use of a form printed on the
back. properly dated and acknoWl-
edged. When the assignment is made
by mark, it must be witnessed by at
least one person other than the Of
ficer before whom it is made
ledger account is opened in the treas
Try department at Washington with
each holder of one or more registered
bonds. and when such bonds are as
sigTrd they should be transmitted b.
the new owner To the secretary of the
treasury division Of loans and cur
rencyD for transfer on the books of
the department Registered bonds can
rot be- exchanged for coupon bonds.
Coupon bonds may BE- converted into
registered bonds. without charge. a.
the request of the holder
Under the regulations Of the treas
ury department a minor can not as
sign registered bonds without the
consent of a duly appointed guardian
or trustee, evidence of whose author
ity must be submitted. \ minor has
the right to convert his postal saw
ings certificates into registered bonds,
but if he should desire to assign the
bonds during his minority he must
comply with this regulation This
difficulty does not exist in the case
of coupon bonds. which are trans
ferred by mere delivery.
Interest on registered bonds is paid
by checks drawn at the treasury de-
partment in favor of the registered
holder. These checks are sent by
mail to- the postoffice address of the
holder. and the holder of registered
bond should notify the secretary of
the treasury division of loans and
currency of any change in his post
office address at least fifteen days
before the interest falls due. Checks
for interest on registered bonds. as
well as interest coupons detached
from coupon bonds. are payable on
presentation at the United States
treasury or at the office of any as
sistant treasurer of the United States.
Interest checks and coupons covering
interest on postal savings bonds may
be cashed by postmasters under the
same conditions as other government
paper.
Payment on registered bonds that
have been lost or stolen may be
stopped by notifying the secretary Of
the treasury division of loans and
currency at Washington. If coupon
bonds are lost the government does
not undertake 10 protect the owner
against the wrongful holder. but rec
ognizes the bearer only. The owner
has recourse only to such means as
he could use to recover any other
valuable property. When bonds, either
registered or coupon, have been de-
stroyed wholly or i'm part. or defaced
a claim may he filed with the secre-
tary of the treasury under certain
prescribed conditions for their re-
placement Such claims will not be
allowed for coupons which have been
detached from coupon bonds.
United States bonds are issued
transferred and redeemed under such
regulations as the secretary of the
. treasury may prescribe. Requests by
/. holders for additional information aft
er the delivery of the bonds should
: be addressed to the secretary of thu
treasury division Of loans and cur
r rency), Washington. u. c.
, FRANK II. HITCHCOCK,
Postmaster General