fullscreen: Postal savings

7 
154 
APPENDIX B 
Police, establish postal savings banks in other 
cities, towns, and villages of the Philippine 
Islands as rapidly as practicable. 
(fe) For the performance of the duties pre 
scribed in this Act, the Director of Posts shall 
divide the postal savings hanks of the Philip 
pine Islands into three classes, to be known as 
postal savings banks of the first, second, and 
third class, respectively. 
(c) Postal savings banks of the first class 
shall receive deposits to any amount and permit 
withdrawals of any amount, subject to the pro 
visions of this Act. 
(d) Postal savings banks of the second class 
shall not receive any single deposit of over one 
hundred pesos, nor shall they receive deposits to 
the credit of any one account of more than two 
hundred pesos for any one month. Withdrawals 
of deposits shall not be permitted through postal 
savings banks of the second class of more than 
two hundred pesos a month, and no depositor 
shall be permitted to withdraw deposits from 
postal savings banks of the second class offener 
than twice each calendar month. 
(e) Postal savings banks of the third class 
shall receive deposits only by means of postal 
savings bank stamps, as provided in section nine 
of this Act. No single deposit in the form of 
stamps shall be received by a postal savings 
bank of the third class to an amount exceeding 
twenty-five pesos, nor shall deposits amounting 
to more than fifty pesos be received by a postal 
savings bank of the third class to the credit of 
one account during any one month, and no de 
positor shall be permitted to withdraw deposits 
from postal savings banks of the third class 
of tener than twice each calendar month. No 
depositor shall be permitted to withdraw through 
a postal savings bank of the third class over fifty
	        
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