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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Document type:: Monograph

Structure type:: Chapter

Title:: Appendix B

Collection:: Economics Books

APPENDIX B 153 of Posts, open and maintain an account in the Postal Savings Bank. Sec. 4. No person or society shall have more than one account to his or its own credit in his or its own name upon penalty of forfeiting under due process of law twenty-five per centum of all deposits so held contrary to law : Provided, That the above provision shall not prevent a person from acting as trustee in any number of ac counts and at the same time maintaining an ac count of his own. Sec. 5. Upon opening an account with the Opening a Postal Savings Bank, a person must state his account avmgS name in full, his age, residence, occupation, and, in case the account is being opened in behalf of some other individual, or some society, the name, residence, or location of said individual or so ciety, together with his relation thereto. A per son upon opening an account with the Postal Savings Bank must declare that he has read or had read to him the rules and regulations of the Postal Savings Bank, and that he is willing to act in accordance therewith. Before receiving a deposit book he must sign a statement to the effect that he receives no benefit from any other account in the Postal Savings Bank, unless it be as a trustee, the representative of a deceased de positor, or as a member of some charitable or provident society. If the statements above re ferred to should be found to be false, twenty-five per centum of all sums deposited to the credit of the person making said false statements shall be liable to forfeiture by due process of law. Sec. 6. (a) Immediately upon the passage Creation of of this Act postal savings banks shall be es tab- £°a nk^and lished in Manila, Iloilo, and Cebu; and the Di- their classifi- rector of Posts shall, subject in each case to the catlon - approval of the Secretary of Commerce and

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