The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1912-01-04
Postal Savings Bank for Bea-
Yer.

NcTs
A Postal Savings Bank was establish
ed at the Beaver postofiice, December
20th. For the information OF those
who may wish to deposit FUNDS therein
we give herewith full details OF the
system as issued in pamphlet form by
the p. o. department;
OBJECT.
4. The Postal Savings System is es.
fablished for the purpose OF providing
facilities for depositing savings at in
forest with the security of the United
States Government for repayment.
SAFETY.
g. The faith OF the United States 10
solemnly pledged to the payment OF
deposits made in postal savings depos-
itory offices with accrued interest a.
provided by the postal-saving act.
VINO MAY DEPOSIT.
3. Accounts may be opened and de-
posits 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 interfer.
ence or control by her husband. No
person can have more than one ac-
count mt any one time.
4. No person may open q postsl-sav-
ings account at any post office who 10
not patron OF that office.
5. All accounts must be opened In
person by the depositor or his author
ized representative. After opening an
account depositor may forward sub
sequent deposits to the post Office by
mail.
8. Deposits will be accepted only
from individuals, and no account will
be opened in the name OF any corpora.
tion, association, society, firm. or part
nership, 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 or persons.
SERVICE FREE
System is free. and no charge or fee ia
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 disclose the name of
any depositor or give any information
concerning an account except to the
depositor himself, unless directed to
do so by the Postmaster General
now TO OPEN AN ACCOUNT.
10. When person applies to open
an account he must furnish the neces-
ssry information for the postmaster or
his representative to fill out an appl-
cation, which he will then be required
TO sign. II the applicant signs by mark
his signature must be witnessed by a
disinterested person.
DEPOSITS.
IL Deposits are evidenced by postal
savings certificates issued in fixed de-
nominations of 81, 81, s., $40, $40, $50,
and 500, each bearing the name of the
depositor, the number OF his account,
the date OF issue, the name OF the de-
positcry office, and the date on which
interest begins. The postmaster or his
representative will make out a dupli-
cate of each certificate issued, which
the depositor will be required To sign
and which the postmaster will retain
in his records.
-. No account may be opened for
less than sl, nor will fractions OF dol
lar be accepted for deposit.
ID. No person is permitted % deposit
more tuan $40 la any one calendar
month por Lu have total balance TO
his credit at one time of more than
5000 exclusive OF accumulated interest
IA. savings certificates can not be
transferred or negotiated and will be
payable only to the person to whom is
sued.
10. On opening an account deposi
tor is supplied with an envelope in
which he may keep his savings certlti.
Gates. On this envelope lie printed in
formation for his guidance, and also
blank ledger record on which to keep
an account Of his deposits and with
drawals.