Full text : Postal savings

APPENDIX  B

155

pesos  at  one  time  or  over  one  hundred  pesos  during ­
  any  one  month.
(/)  The  maximum  limits  of  deposits,  credits,
and  withdrawals  provided  for  in  this  section
shall  be  doubled  in  the  case  of  deposits,  credits,
and  withdrawals,  respectively,  of  the  charitable
and  benevolent  societies  referred  to  in  paragraph ­
  O)  of  section  three  of  this  Act.
(g)  No  deposit  shall  be  received  and  no  deposit ­
  entry  made  for  a  sum  less  than  one  peso,
except  in  the  case  of  accrued  interest.
Sec.  7.  Any  person  or  society  having  a  deposit ­
  account  with  the  Postal  Savings  Bank  shall,
subject  to  the  provisions  of  this  Act,  be  permitted ­
  to  make  deposits  to  the  credit  of  said  account ­
  or  withdrawals  from  said  account  at  any
postal  savings  bank  in  the  Philippine  Islands.
Sec.  8.  Each  depositor  in  the  Postal  Savings
Bank  shall  be  entitled  to  receive,  free  of  charge,
a  deposit  book,  to  be  obtained  in  the  manner
hereinafter  stated.
(a)  If  the  deposit  be  made  at  Manila  he  shall
receive  his  deposit  book,  with  the  proper  entries
therein,  upon  making  the  initial  deposit.  Subsequent ­
  deposits  at  Manila  shall  be  received  by  the
head  office  upon  presentation  either  in  person  or
by  agent  of  the  sum  to  be  deposited  and  the
deposit  book,  and  thereupon  proper  entry  shall
be  made  upon  the  deposit  book  and  the  deposit
book  shall  be  immediately  returned  to  the
depositor.
(b)  If  the  initial  deposit  be  made  at  any  other
post-office  than  that  at  Manila,  the  depositor
must  sign  an  application  for  a  deposit  book,  stating ­
  his  name,  occupation  or  profession,  and  place
of  residence,  and  sign  the  declaration  required
by  section  five  hereof.  The  deposit  book  must
be  obtained  from  the  central  office.  A  preliminary ­
  receipt  for  the  amount  of  the  first  deposit

Deposit  books.
            
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