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.