APPENDIX B 
of the postal savings bank division, who shall 
receive a salary of six thousand pesos a year 
and perform his duties subject to the direction 
of the Director of Posts. 
(6) The chief of the postal savings bank di 
vision shall be required to keep a separate set of 
books dealing solely with the operations of the 
Postal Savings Bank, and to make a monthly 
statement of the same to the Director of Posts 
and to the Secretary of Commerce and Police, 
and at the end of eac hfiscal year an annual re 
port covering in detail the operations of the 
postal savings bank division. 
(c) The chief of the postal savings bank di 
vision shall, before entering upon the duties of 
his office, execute a bond to the Insular Govern 
ment in a sum to be fixed by the Insular Audi 
tor, with sufficient surety or sureties, to be ap 
proved by and filed with the Insular Auditor. 
The Insular Auditor may, from time to time, 
require that the bond shall be increased or de 
creased according as the exigencies of the ser 
vice require. 
Sec. 3. (a) Any person six years of age or 
over residing in the Philippine Islands, and not 
under legal disability, may open an account to 
his own credit in the Philippine Postal Savings 
Bank. 
(6) Any person resident in the Philippine 
Islands, twenty-three years of age or over, and 
any person under twenty-three years of age 
who is the head of a family, may open an ac 
count for, or make deposits to the credit of the 
account of, any minor, or any person who, by 
reason of physical or mental disability, is unable 
to manage his own affairs. 
(c) Any charitable or benevolent society in 
the Philippine Islands may, with the approval, 
previously obtained in writing, of the Director