The Delta independent. [volume] (Delta, Colo.) 1886-19??, 1911-06-23
POSTAL SAVINGS
BANK INFORMATION.
Object.

Object.
/. The Postal Savings System is
established for the purpose of pro-
viding facilities for depositing saw
ings at interest with the security OF
the United States Government for
repayment.
Safety.
2. The faith of the United States
is solemnly pledged to the payment
of deposits made in postal savings
depository offices with accrued inter
est as provided by the postal saw
ings 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 wo-
man il her own name and free
from any Interference or control by
he, husband. No person can have
more than ono account at any one
line.
4. No person may open a postal
savings account at any post office
who is not patron of that office.
5. All accounts must be opened
in person by the depositor or his
authorized representative. After
opening an account a depositor may
forward 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
corporation, association, society,
n.y. in, he NJ m
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
or persons.
Service Free.
g. The service of the Postal Saw
ings System is free, and no charge
or fee is collected or required in
connection with the opening of an
account or the withdrawal of money
deposited.
Privacy of Accounts.
0. No person connected with the
Post office Department or the
postal service is permitted TO dis
close the name of any depositor or
give any information concerning an
account except to the depositor him
self. unless directed to do so by
the Postmaster General.
How to Open an Account.
10. When person applies to
open an account he must furnish
the necessary information for the
postmaster or his representative to
fill out an application, which he
will then be required to sign. If
the applicant signs by mark his sig
nature must be Witnessed by a
disinterested person.
Deposits.
IL. Deposits are evidenced by
postal-savings certificates issued in
fixed denominations of 81, 50. IS,
$40. $40, $50 and 500 each bear
ing the name of the depositor, the
number of his account, the date of
issue, the name of the depository
office. and the date on which inter
est begins. The postmaster or his
representative will make out a dup
licate of each certificate issued,
which the depositor will be required
to sign and which the postmaster
will retain in his records.
IL. No account may be opened
for less than 81. nor will fractions
of a dollar be accepted for deposit.
IS. No person is permitted to
deposit more than 500 in any one
calendar month nor to have total
balance to his credit at one time of
more than $500 exclusive of &C
cumulated interest.
IA. Savings certificates can not
be transferred or negotiated and
will be payable to the person
whom issued.
10. In opening an account a
depositor is supplied with an en-
velope in which he may keep his
savings certificates. On this en-
Nelope is printed information for
his guidance. and also blank
ledger record on which to keep an
account of his deposits and with
Grawals.
10. In case n savings certificate
IT, lost or destroyed the depositor
should notify the postmaster. II
deemed proper, new certificate
will be issued upon compliance by
the depositor with the necessary re
uuirements.
| II. Postmasters are not permit
ted to receive savings certificates
for safe keeping.
Savings Cards and Stamps.
is. Amounts less than 81 may
be saved for deposit by the purchase
of 10-cent postal savings cards and
adhesive 10-cent postal-savings
stamps. Each postal-savings card
contains blank spaces to which saw
ings STAINS may be affixed from time
to time as purchased, and a postal