7

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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  prescribed ­
  in  this  Act,  the  Director  of  Posts  shall
divide  the  postal  savings  hanks  of  the  Philippine ­
  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  provisions ­
  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  depositor ­
  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