Savings Bank Regulations Details




26
THE NEW ZEALAND GAZETTE.

Depositor's Book.
Place.
No.

SAVINGS BANK DEPARTMENT,
Wellington.
.18...

The Postmaster of
having reported to
the Postmaster-General the receipt by him of your Deposit
amounting to £
, during the month of
18 , that amount has been placed to the
credit of your account in the books of this Department.

To.
toysh..
eirds bond vια antiW

  1. Interest, calculated yearly, at the rate of
    5 per cent. per annum on sums less than Two
    hundred pounds, and at the rate of 4 per cent.
    on sums over Two hundred pounds, and in the
    same proportions for any shorter time will be
    allowed on every complete pound deposited:
    Provided that no interest be allowed on more
    than Five hundred pounds.

Interest shall be computed from the first day
of the calendar month next following the day on
which a complete Pound shall have been deposited,
or on which deposits of a less amount shall have
made up a complete Pound, up to the first day of the
calendar month in which moneys arewith drawn.

The interest will be calculated to the 31st
December in every year, and will then be added
to, and become part of the principal money.

  1. Deposits may be made by a Trustee on
    behalf of another person, in the joint names of
    such Trustee, and the person on whose account
    such money shall be so deposited; but repay-
    ment of the same, or any part thereof, shall
    not be made without the receipt and receipts
    of both the said parties, or the survivor or
    survivors, or the executors or administrators of
    such survivor, whose receipt and receipts either
    personally or by agent appointed by Power of
    Attorney, which Power of Attorney may be
    executed by an infant of or exceeding the age of
    14 years, shall alone be a valid discharge, except
    in case of insanity or imbecility of the party on
    whose behalf the deposits were made, when the
    Postmaster-General may, on proof of the fact to
    his satisfaction, allow repayment to be made to
    the Trustee alone.

The following Declaration must be made in
such cases:-

Depositor's Book. FORM OF DECLARATION TO BE
SIGNED BY THE TRUSTEE OF
A DEPOSTOR.

Place
No....

I,
of
do hereby declare to the Postmaster-General, that I am
desirous of becoming a Depositor in the Post Office Savings
Bank, as the Trustee of
of
and I do further declare on behalf of myself and also on
behalf of the said
that we are not either jointly
or severally directly or indirectly entitled to any sum or
sums in the Books of the Savings Bank abovementioned, save
and except such benefit as I or he may be entitled to from
such sum or sums as may be standing in my name as a
Depositor, on my own account; or as Trustee jointly with the
name or names, and on behalf of any other Depositor or
Depositors.

Witness my hand, this
day of
186
Signed by the said Trustee in
the presence of me,
}

  1. Deposits may be made by, or for the benefit
    of, any person under 21 years of age, and
    repayment shall be made to such minor after
    the age of 7 years in the same manner as if he
    were of full age. In case of minors under the
    age of 7 years, the Declaration must be made
    by one of the parents, or a friend on behalf of
    the minor.

  2. Deposits may be made by married women,
    and deposits so made, or made by women who
    shall afterwards marry, will be repaid to any such
    woman, unless her husband shall give notice in
    writing of wach marriage to the Postmaster
    General, and shall require payment to be made
    to him.

  3. The Trustees of any Friendly Society, or of
    any Charitable, or Provident Society, or Savings
    Bank, may deposit their funds, without restriction
    as to amount, in the Post Office Savings Bank,
    provided always that such deposits shall not be of
    less amount than One Shilling, nor of any sum
    not a multiple thereof, and that a copy of the
    Rules be forwarded by post to the Postmaster-
    General, with the names and addresses of the
    Trustees, who will then be furnished with the
    necessary instructions.

The following Declaration must be made in
cases of Friendly Societies :---

DECLARATION.

Depositor's Book.
Place
No........

I,
being the (Trustee,
Treasurer, Steward, or Clerk) of the
Friendly Society called the
held at
in the
do
hereby declare, that I am desirous on behalf of the Trustees
said Society, of depositing in the Post Office Savings
Bank the sum of £
and I further declare, that
the sum above stated is the exclusive property of the said
Society, specified in this Declaration, and arises from the
contributions of the Members of the said Society (and from
donations, if donations have been received).

Witness my hand, this
day of
186
Trustee, or
Treasurer, or
Steward, or
Clerk..

Signed in presence of me,
}
of the said Society.

  1. Every Depositor shall, once in each year,
    on the anniversary of the day on which he made
    his first deposit, forward his Book to the principal
    office in the Province in a cover to be obtained
    at any Post Office Savings Bank, in order that the
    entries in the said Book may be examined, and
    that the interest due to the Depositor may be
    inserted in his Book.

  2. No charge for Postage shall be made upon
    the Depositors for the transmission of their Books
    to the principal office in the Province, or for the
    return thereof to them, or for any applications
    they may have to make for acknowledgments of
    deposits, or for any application or necessary letter
    of inquiry respecting the sums deposited by them,
    or for the replies thereto.

  3. Any Depositor at the principal Office in
    the Province can make withdrawals thereat
    without the necessity in all cases of making
    application in writing, but any Depositor at a
    sub Office of the Province, &c., wishing to with-



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1867, No 3





✨ LLM interpretation of page content

🚂 Publication of Post Office Savings Bank Management Regulations 1865. (continued from previous page)

🚂 Transport & Communications
12 January 1867
Post Office Savings Bank, Depositors, Interest calculation, Trustee deposits, Regulations, Withdrawals