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APPENDIX B
not have the disposal of said funds until after a
fixed period of time, the said period of ten years
shall date from the expiration of the period so
fixed.
d e°pi t e°d Sec. 11. Postal savings bank funds deposit-TreasSrer
% ^ Z*™™ P 0Stal «^ingS banks in the
Philippine Philippine Islands shall be transferred through
Islands. the Director of Posts to the Treasurer of the
Philippine Islands for the credit of the Philippine
Postal Savings Bank, at such time and by
such methods as the Director of Posts shall direct:
Provided, That no postmaster of any postal
savings bank of the first class shall at any time
hold in his possession, for a longer period than
is absolutely necessary to provide for its shipment
to Manila, more than five thousand pesos,
except upon the express authorization of the Director
of Posts ; no postmaster of any postal savings
bank of the second class shall at any time
hold in his possession, under like conditions,
more than one thousand pesos of postal savings
bank funds, and no postmaster at any postal
savings bank of the third class over two hundred
pesos.
Sec. 12. All postal savings bank funds and
all proceeds therefrom shall be kept as a separate
trust fund by the Insular Treasurer, and
shall be used for no other purpose than those
expressly provided for in sections eighteen, nineteen,
and twenty of this Act.
.®"°- 1S : («) A depositor wishing to make a
posits. withdrawal shall present his deposit book at the
office where the withdrawal is to be made, and
shall sign in the presence of some officer of said
postal savings bank, who shall witness the same
by his own signature, an application for the
amount to be withdrawn. This application shall
be forwarded to the chief of the postal savings
bank division, who, upon being satisfied that the