The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1912-02-22
WILL Be OPEN FOR USE OF ALL
Business Of Government Bank VIII Be
-sun With Same Care as Used in Ma
tional Banks and in Institutions
Managed Under Guidance of State.

of March Postmaster Baker has re-
ceived from Washington all the books
and other supplies necessary for the
reception of deposits and in order that
the people of the city may have a
chance to study the workings of the
new bank he gave out today a set of
rules and regulations which will gov
ern the acceptance and withdrawal of
deposits. The regulations follow:
Object.
J.. The Postal Savings System is es-
tablished for the purpose OF providing
facilities for depositing savings at in
terest 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 de-
pository- Offices with accrued interest
as provided by the postal savings act.
Who May Deposit.
8. 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 a 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 at any one time.
4. No. person may open postal
savings account at any postoflice who
is not patron of that Office.
5. All accounts must be opened in
person by the deposition or his
authorized representative. After open
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 corpora
tion, association, society, firm, or part
nership, or in the names of two or
more persons jointly.
T. No account will be opened in the
name Of one person in trust for or on
behalf Of another person or persons.
Service Free.
s. The service of the Postal Saw
ings System is free, and no charge or
fee is collected or required in connec-
ton with the opening of an account
or the withdrawal of money deposited.
Privacy Of Accounts.
9. No person connected with the
postofice department Or the postal
service is permitted to disclose the
name of any depositor or give any
information concerning an account ex-
cept to the depositor himself, unless
directed to do so by the postmaster
general.
How to Open on Account.
10. When a person applies to open
an account he must furnish the neces-
sary information for the postmaster or
his representative to fill out an appli.
cation, which he will then be required
to sign. If the applicant signs by
mark his signature must be witnessed
by disinterested person.
Deposits.
IL. Deposits are evidenced by pos
tai savings certificates issued in fixed
denominations Of 81, 50, s., $780, $40,
$50, and 500, each bearing 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 interest begins. The postmaster
or his representative will make out a
duplicate Of each certificate issued,
which the depositor will be required
to sign and which the postmaster will
retain in his records.
II. No account may be opened for
less than ST, nor will fractions of a
dollar be accepted for deposit.
Is. No person is permitted to de,
post more than 800 in any one calen-
dar month nor to have total balance
to his credit at one time Of more than
$500 exclusive of accumulated inter
est.
IA. Savings certificates can not be
transferred or negotiated and Will be
payable only to the person TO whom
issued.
Is. On opening an account a de-
position is supplied with an envelope in
which he may keep his savings certi-
fcates. On this envelope is printed in
formation for his guidance, and also a
blank ledger record on which to keep
an account of his deposits and with
drawals.
16. In case a savings certificate is
lost or destroyed the depositor should
notify the postmaster. # deemed
proper, new certificate will be issued
upon compliance by the deposition with
the necessary requirements.
II. Postmasters are not permitted
TO receive savings certificates for safe
keeping,