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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
