Full text : Postal savings

134

APPENDIX  A

Bracketed
words  in  italics ­
  amended
by  the  act  iof
September  23,
19  14.  See
page  146.

Brae  k  e  ted
section  in  italics ­
  amended
by  the  act  of
September  23,
19  14.  See
page  146.

Postal  _  savings
depository  offices. ­


Hours  of  business. ­


amount  of  deposits  made  therein,  the  aggregate
amount  of  withdrawals  therefrom,  the  number  of
depositors  in  each,  the  total  amount  standing  to
the  credit  of  all  depositors  at  the  conclusion  of
the  year,  the  amount  of  such  deposits  at  interest,
the  amount  of  interest  received  thereon,  the
amount  of  interest  paid  thereon,  the  amount  of
deposits  surrendered  by  depositors  for  bonds  issued ­
  by  authority  of  this  act,  and  the  number
and  amount  of  unclaimed  deposits.  Also  the
amount  invested  in  Government  securities  by  the
trustees,  the  amount  of  extra  expense  of  the
Post  Office  Department  and  the  postal  service
incident  to  the  operation  of  the  postal  savings
depository  system,  [the  amount  of  work  done  for
the  savings  depository  system  by  the  Post  Office
Department  and  postal  service  in  the  transportation ­
  of  free  mail,]  and  all  other  facts  which  it
may  deem  pertinent  and  proper  to  present.
[Sec.  2.  That  the  Postmaster  General  is
hereby  directed  to  prepare  and  issue  special
stamps  of  the  necessary  denominations  for  use,
in  lieu  of  penalty  or  franked  envelopes,  in  the
transmittal  of  free  mail  resulting  from  the  administration ­
  of  this  act.]
Sec.  3.  That  said  board  of  trustees  is  hereby
authorized  and  empowered  to  designate  such
post  offices  as  it  may  select  to  be  postal  savings
depository  offices,  and  each  and  every  post  office
so  designated  by  order  of  said  board  is  hereby
declared  to  be  a  postal  savings  depository  office
within  the  meaning  of  this  act  and  to  be  authorized ­
  and  required  to  receive  deposits  of  funds
from  the  public  and  to  account  for  and  dispose
of  the  same,  according  to  the  provisions  of  this
act  and  the  regulations  made  in  pursuance  thereof. ­
  Each  postal  savings  depository  office  shall
be  kept  open  for  the  transaction  of  business  during ­
  such  hours  as  the  Postmaster  General,  with
            
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