The weekly Republican. (Plymouth, Ind.) 1911-1922, 1911-07-06

Plymouth s new Postal Savings
Bank will be opened July %, accord
ing 20 instructions received by
postmaster Steiner In the mean
time all the preparations in the way
of deposit books and blanks, and
other paraphernalia necessary will be
gotten together and arranged for
business. The following information
In regard TO the postal savings sys-
tenn can be given:
Object.
l. The Postal Savings System is,
established for the purpose or pro-
viding facilities for depositing saw
mgs at interest with the security of
tie United States Government for
Repayment.
Safety.
= Fhe t"ith of the Ur;ted Stat IS
Is sClemnly Obliged to the payment
of deposits made in postal SAYINGS
depository offices with accrued inter-
est as provided by the postal-sav-
51g act.
Who May Deposit.
3. Accounts may be opened and
deposits made by any person of the
age of 10 years or over In his or her
own name and by a married woman
in her own name and free from any
interference or control by her hus-
band. No person can have more than
one account at any one time.
4. No person may open a postal
savings account at any post Office
who is not a patron of that office.
5. All accounts must be opened IN
person by the depositor or his au-
thorized representative. Alter opens
ing an account a depositor may for
ward subsequent deposits to the post
Office by mail.
6. Deposits will be accepted only
from individuals, and no account will
be opened in the name of any cor
poration, association, society, firm,
or partnership, or in the names Of
two or more persons jointly.
z. No account will be opened In
the name of one person in trust for
or on behalf of another person OF
persons.
Service Free.
8. The service Of the Postal Saw
ings System is free, and no charge
or fee is collected or required in con-
nection with the opening of an ac-
count or the withdrawal Of money de-
posted.
Privacy Of Accounts.
9. No person connected with the
Post Office Department or the postal
service is permitted to disclose the
name of any depositor or give any
information concerning an account
except to the depositor himself, un-
less directed to do so by the POST
master General.
How to Open an Account.
10. When person applies to open
an account he must furnish the nec-
essary information for the postmast-
er or his representative to fill out
an application, which he will then be
required to sign, If the applicant
signs by mark his signature must be
witnessed by a disinterested person.
Deposits.
IL. Deposits are evidenced by post
al-savings certificates issued In fixed
denominations of 81. 81, S., $40, $40,
$50, and 800, each bearing the name
of the depositor, the number of his
account, the date Of issue, thh name
Of the depository Office, and the date
on which interest begins. The post
master or his representative will
make out duplicate Of each certifi-
cate issued, which the depositor will
be required to sign and which the
postmaster will retain in his records.
IL. No account may be opened fol-
less than 81, nor will fractions Of q
dollar be accepted for deposit.
13. No person is permitted to de-
posit more than 800 in any one cal
endar month nor to have total bal
anee to his credit 1T one time Of
more than $500 exclusive of accumu-
lated interest.
IA. SAVINGS certificates can net b
transferred or negotiated and win bs