The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1912-02-29
NO INCREASE IN OFFICE FORCE
Postmaster May Be Forced to Use Snap
shot Methods to Secure Proper Identi-
ty of Depositors Present Office
Force to Act as Cashiers of Bank.

pleted Tor the opening of the postal
savings bank at the, Kenosha postofice
on next Friday morning ard at eight
o clock on that morning the windows
/ of the bank will be opened for the
reception of deposits. Postmaster
Baker has received many requests for
the first certificate Of deposit, but
none of these has been granted and
the first man who walks up to the win
dow on Friday morning will have the
honor of making the drst deposit.
! All of the records and blanks to be
used for the bank have been receiy-
ed in the city and the bank will be
installed in that portion of the office
now used for money order and registry
business. The east window in the south
part of the office will be given over
entirely to the handling of the postal
savings bank business.
The government has not as yet made
any provision for an increase in the
force of the Office to handle the bust
land Carl Maegaard will be the first
cashiers of the new Kenosha institu-
ton. These men have been instructed
in all the methods of handling the
business of the bank by the pcstoffice
inspectors Of the district and they are
ready to take up the work on Friday.
The certificates for the Kenosha
bank are a thing of beauty. They are
issued in denominations of ne, two,
three, five, ten, twenty and one humid
red dollars and different form is
used for the denominations of the diff
ferent values.
The certificates pledge the entire re-
sources of the government to secure
the deposits and it is explained on
them that these certificates may be
cashed only by being signed by the
person to whom they are issued and
these signatures must be compared
with the signatures made on the dup
licate of the certificates which are hello
in the local bank. 1T may be neces-
sary for us to call the camera to our
laid in handling this business, said
Postmaster Baker on Monday. sEThere
will be LOT of people in Kenosha
who are unable to sign their name
and they must make mark when they
get the certificates. The only way
that | can see for the postmaster to
safeguard himself against loss will be
to take a picture of these men when
they get certificates and hold the
money until The man comes who can
be identified by the picture We shall
insist on marked" signatures being
witnessed and it is possible that this
will aid lot in securing ourselves
against the payment of money to
wrong persons. The system Of the gov
|ernment is hard one to beat and we
do not anticipate that the postal saw
ings bank will have any better chance
of being imposed upon than any other
bank in the city. Of course we will
have no checking accounts to handle
and all the money paid out here will
be paid out on our own certificates of
deposit.
It is probable that one of the local
banks will be named as the depository
Of the postoffice bank.
The inspectors who have been in Ke-
nosha installing the new bank feel
convinced that within short time the
Kenosha bank will be leader among
the banks of the state and it is ex-
pected that within a short time it will
rank second only to the postal bank in
Milwaukee. Kenosha people have been
waiting a long time for the opening of
the bank and it is thought that there
will be big rush Of depositors with
the opening Of the bank on Friday
morning.