The Owosso times. (Owosso, Mich.) 1897-1926, 1911-05-12
OWOSSO POSTOFFICE
Designated as Postal Savings DepOs-
itOry-WiIl Open for Busi-
ness June 4.

Designated as Postal savings DepOs-
itOry-WiIl Open for Busi-
ness june 1.
In accordance with the promise
made to Congressman Fordney some
time since, Postmaster-General
Hitchcock on Saturday designated
the Owosso post Office as postal
savings depository, making it the
| third Office in state and the first in
lower peninsular to be selected as a
| depository for the postal savings
| bank system. Many Offices in the
state had applications on file and it
| is greatly to the credit of this city
| that it was selected from the list,
| this being especially true in view OF
the fact that Owosso's application
was not made until March 30th,
when endorsements were filed by
Senator VIM. Alden Smith and Con-
| gresham Fordney, the latter calling
| afterward on the board of trustees
to urge the designation of the office
in this city, when after review OF
statistics regarding Industrial con-
L
centage of foreign-born inhabitants,
and other statements regarding con-
ditions here, the naming of Owosso
at an early date was agreed to. For
this Owosso citizens are indebted to
the gentlemen named.
Supplies for this new branch of
the service have already commenced
to come and the employees of the or
flee are familiarizing themselves
with the regulations so that they
may be able to answer the questions
of all inquirers. Postmaster Dewey
has been directed to visit the postof-
fee at Pekin, ILL.,, to study the work
ings of the system.
Postmaster General Hitchcock has
prepared the following information
for the benefit of those interested in
the system:
Object.
1. The Postal Savings System is
established for the purpose of pro-
viding facilities for depositing saw
ings at interest with security of the
United States Government for repay
ment.
Safety.
2. The faith of the United States
is solmnly pledged to the payment of
deposits made in postal savings de-
pository Offices with accrued interest
as provided by the postal-savings 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 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.
A. No person may open postal
savings account at any post office
who is not a patron of that Office.
S. All accounts must be opened In
person by the depositor or his au'
thorized representative. After open
ing an account depositor may for
ward subsequent deposits to the pos
Office by mail.
6. Deposits will be accepted only
| /
will be opened in the name of an!
corporation, association, society, firm
!, or partnership, or in the names O
two or more persons jointly.
Z. No account will be opened IL
, the name of one person in trust fol
, or on behalf of another person o,
, persons.
Service Free.
8. The service of the Postal Saw
ings System is free, and no charge o
fee is collected Or required in con
nection with the opening Of an ac
, count or the withdrawal of none,
8 deposited.
Privacy of Accounts.
Q 8. No person connected with tn
, Post Office Department or the posta
service is permitted to disclose tn
name of any depositor or give an
information concerning an accoun
except to the depositor himself, un
; less directed to do so by, the Post
master General.
How to Open an Account.
Q 10. When person applies t
= open an account he must furnish tn
q necessary information for the post
i master or his representative to fl
a out an application, which he Wi
= then be required to sign. If the az
plicant signs by mark his signatur
must be witnessed by disintereste
person.
}. Deposits.
IL. Deposits are evidenced b
/, postal-savings certificates issued /
@ fixed denominations of 81, 81, 81
$40, $40, $50, and 500, each beal
ing the name Of the depositor, tn
L. <l<A-