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

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Appendix A - The United States postal savings act and its amendments

Collection:: Economics Books

> 136 APPENDIX A Postal savings hesive stamps, to be known as “postal savings stands. stamps,” and when the stamps so attached amount to one dollar, or a larger sum in multi ples thereof, including the ten-cent postal sav ings card, the same may be presented as a de posit for opening an account, and additions may be made to any account by means of such card and stamps in amounts of one dollar, or multi ples thereof, and when a card and stamps there to attached are accepted as a deposit the post master shall immediately cancel the same. It is hereby made the duty of the Postmaster General Sale of postal to prepare such postal savings cards and postal S aÄm“s. dS savings stamps of denominations of ten cents, and to keep them on sale at every postal savings depository office, and to prescribe all necessary rules and regulations for the issue, sale, and cancellation thereof. Interest on de- Sec. 7. That interest at the rate of two per Entered once a centum per annum shall be allowed and entered year. to the credit of each depositor once in each year, the same to be computed on such basis and under Subject to reg- such rules and regulations as the board of trus- uiation. teees may prescribe; but interest shall not be computed or allowed on fractions of a dollar: B word C s k in tef- [Provided,, That the balance to the credit of any ics amended 0 ne person shall never be allowed to exceed five May k fs,^i9i6^ hundred dollars, exclusive of accumulated inter- See page 147. egt j Withdrawal of Sec. 8. That any depositor may withdraw pikTffom local the whole or any part of the funds deposited to depositories. his or her credit, with the accrued interest, upon demand and under such regulations as the board of trustees may prescribe. Withdrawals shall be paid from the deposits in the State or Territory, so far as the postal funds on deposit in such State or Territory may be sufficient for the pur pose, and, so far as practicable, from the depos its in the community in which the deposit was

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