POST OFFICE SAVINGS' BANK

Westport Times, Volume VII, Issue 1048, 21 February 1873, Page 4

POST OFFICE SAVINGS' BANK

Husband and wife, neglect the whole world beside, rather than one another.

The New Zealand Gazette, of March 25th, publishes the following regulations foi the banks as above newly established at Ch'istchurch, Lyttelton, Kaiapoi, Timaru, Akraoi Hokitika, Greymouth, Waimate, Westport and Charleston. 1. Interest at the rate of 4 per cent, per annum is given on £2OO and under; at the rate of 3 per cent, per annum on funis under £SOO ; and in the same proportion for any shorter time on every complete £1 deposited, provided that no interest bo allowed on more than £SOO. 2. Depositors i,\ the Post Office Savingla Banks have duvet Government Security for the prompt repayment of their money. 4. The strictest secresy is observed with respect to the names of depositors in Post Office Banks, and the amounts of their deposits. 3. A deposiU/r in any one of the Post Office Banks can continue his deposits at any other of such Banks, and can withdraw his money at that Post Office Bank which is most convenient to him by giving notice of his removal. 6. Money may be deposited by or on be-half-of minors. Depositors over seven years of age are treated as persons of full age, but minors under seven years of age cannot withdraw their deposits until they have reached the age of seven. 7. Applications to the Chief Office in each District on the business of Post Office Savngs Banks, *nd the replies sent thereto are free fron caarge or postage.