Full text : Postal savings

164

APPENDIX  B

Nominations
for  transfer

deposit  book,  to  another  person,  authorize  said
person  to  make  the  application  for  withdrawal,
and  receive  the  receipt  given  by  the  postmaster
for  the  deposit  book  and  the  funds  to  be  withdrawn. ­

i  or  transter  depositor  of  the  age  of  majority  may
of  deposit  at  execute  a  nomination  in  connection  with  his  pospositor.
  savings  bank  account,  providing  for  the
transfer  of  his  deposit  or  any  part  thereof  at
his  death.  Said  nomination  must  be  made  in
writing  upon  a  proper  form  prepared  for  that
Papóse  by  the  chief  of  the  postal  savings  bank
division.  It  must  be  signed  by  the  depositor
in  the  presence  of  a  witness  (other  than  the
beneficiary  of  the  nomination)  and  must  be  sent
for  registration  to  the  chief  of  the  postal  savings ­
  bank  division  during  the  depositor’s  lifetime. ­
  The  nomination  shall  then  be  returned  to
the  depositor.
(c)  Whenever  a  claim  is  made  under  a  nomination ­
  executed  by  a  depositor  in  the  manner
above  provided,  and  in  force  at  the  depositor’s
death,  the  nominee  shall  be  required,  before  receiving ­
  any  benefits  from  the  depositor’s  account, ­
  to  forward,  to  the  chief  of  the  postal
savings  bank  division,  the  nomination  and  the
depositor  s  deposit  book,  together  with  satisfactory ­
  evidence  of  the  depositor’s  death  and  of
his  identity  as  the  person  named  in  the  nomination.
  The  chief  of  the  postal  savings  bank  division, ­
  upon  being  satisfied  from  the  abovementioned
  evidence  of  the  death  of  the  depositor, ­
  the  identity  oí  the  nominee,  and  the  legality
of  his  claim,  shall  pay  to  the  nominee  the  sum
egally  due  him  as  provided  in  the  nomination.
(d)  In  case  no  nomination  is  made  during  the
depositor  s  life-time  as  herein  provided,  funds
to  his  credit  in  the  Postal  Savings  Bank  at  the
time  of  his  death  shall  be  disposed  of  in  the
            
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