Postal savings

Bibliographic data

Monograph

Identifikator:: 869930397

URN:: urn:nbn:de:zbw-retromon-49420

Document type:: Monograph

Author:: Kemmerer, Edwin Walter http://d-nb.info/gnd/101827717

Title:: Postal savings

Place of publication:: London

Publisher:: Humphrey Milford

Year of publication:: 1917

Scope:: 1 Online-Ressource (VIII, 176 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Appendix B

Collection:: Economics Books

APPENDIX B, No. 2 AN ACT AUTHORIZING THE POSTAL SAVINGS BANK INVESTMENT BOARD TO MAKE LOANS FROM FUNDS AVAILABLE FOR INVESTMENT TO PROVINCES OF THE PHILIPPINE ISLANDS, UNDER GUARANTEE OF THE INSULAR GOVERNMENT. By authority of the United States, he it enacted hy the Philippine Commission, that: Section 1. The Postal Savings Bank Invest ment Board created by section eighteen of Act Numbered Fourteen hundred and ninety-three, entitled “An Act to encourage economy and sav ing among the people of the Philippine Islands, and to that end to provide for the establishment of postal savings banks and their administration through the organization of a Postal Savings Bank Division in the Bureau of Posts, and for other purposes,” is hereby authorized to make loans from the funds under its control available for investment to provinces of the Philippine Islands, under guarantee of the Insular Govern ment first had that the loan and interest thereon will be paid. Sec. 2. Before making any such loan the Postal Savings Bank Investment Board shall require a resolution of the provincial board of the province to which the loan is to be made, re questing the loan, stating that the same will be used solely for certain public improvements specified therin, agreeing to repay the amount loaned within a certain period with interest at a rate to be stated in said resolution, and requesting 168

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