i 818 SIXTY·FIRST CONGRESS. Sess. II. Ch. 386. 1910. _ security for the issue of circulating notes by national associations. U,§§,§°g'Qj’,§°§°n§§ Sno: 11. That whenever the trustees of the postal savings fund ggntavinsn i¤v¤¤·- have in their possession funds available for investment in United States bonds they] may notify the Secretary of the Treasury of the amount of such _ nds in their hands which they desire to invest in bonds of the United States subject to call, whereupon, if there are [;11;5;»e2aS1t:}wsrl;•iinds subject to call, the} Secrlutzry of the Treasuliiy s ‘ or emptnon an amount 0 suc one s e ua to the amount of the funds in the hands of the trustees which like trustees desire to thus_mvest, and the bonds so called shall be redeemed at ar with accrued mterest at the Treasury of the United States on and after _ three months from the date of such call, and interest on the said bonds {T,_,'?,;;'§·w gmw shall thereupon cease: Provided, That the said bonds when redeemed ¤f:v¤¤z= mdéf shall be reisésued at pardtg the térustees without chlugge m their terms ¤¤|¢¤¤g¤¤¤ ¤>*¤- as to rate o interest an ate 0 maturity: And ed further That md til; bonds tsp ipuissppd maiy`, in the fdiscreaion of the Seliiliptary Bt the asury, c_ e orre emption romt etrustees in ` thkiy were <f]rig1nallyf1ual1le<l fo; rerlcllecmption their forixnlelxiueigviii-earl; w enever there are n s m the asury o ·t United States il- I able for such redemption. _ _ Q uva
° '°‘ Sm:. 12. That postal savings depository funds shall be keptse arate
from other funds by postmasters and other officers and employees of ghetpostegosemce, whlpfialllrallg befheld the same accountability un er err n s orsuc as orpu cm ne · d connected with the Post-Office Department shall disislogg triudnlylmeiii son other than the degiositor the amount of any deposits, u£ess Pu°g;;;_*‘ l•"' 'P‘ directed so to do by the ostmaster-General. All statutes relating to the safe-keeping of and proper accounting for ostal recei ts are made Additional bonds. applicable to postal savings funds, and the libstmaster-general may require postmasters, assistant postmastezs, and clerks at postal saving degositones to give any addltional bond he may deem necessary. ,0§gg§,;¤;§¤;g8m:__9 Ec. 13. That additional compensation shall be allowed postmasterg wm. at post-offices of the fourth class for the transaction of postal savings depository busmess. Such compensation shall not exceed one—fourth of one per centum on the average sum upon which interest is paid each calendar year on receipts at such post-office, and shall be paid from ex*;{gj,*gd°f*¤¤l °¤°°• the posta revenues; but postmasters, assistant postmasters clerks or other employees at post-offices of the presidential grade shall not receive any ad itional compensation for such service. gxtggggggbnjgf Sec. 14% 'ghattthp sum of onehugdrrpd thousand dollars is hereby ng, ew. appropria e , ou 0 any money in the r t th ° p"'°* " “‘°· prigted, or so much thereof as may be neiiiissslariiyluto lenaliilvdligllidl master-General and the board of trustees to establish postal savin ilgpositorées m accordpncile wggh the provisions of this Act including; _ e reim ursement o the cretaiy of the Treasury foi· ex uses incident to _ the pre eration, issue, and r t t' f h cigguesofposw vm- authorised m {this got; agd glo Post§11as ti1§iil aiuithliigildedrsl require pos mas ers an o t iii transact, in connection with theiilr giilier dciitizgfssiiizllii Gdxdiidlllsiiréinto Regulnuens. ew. depository business as may be necessary; and he is also authorizegd to make, and with the approval of the oard of trustees to proniulgate, and from time to time to modify or revoke, subject to the epplitaval of said board, such rules an regulations not in coniiiet, Xg; inegvcgseclze may deem necessary to carry the provisions of this P°“”·* *’°“’“ ‘""· Sec. 15. That all the saf ds ‘ i - .,m.a maui . . eguar rovid db l f ew ° wp ° of public moneys, and statutes gelatin; to {hdl iavmlileiill(;nli1e(id;ccd4;(ii1} version, improper handling, retention, use, or disposal of tall and money—order funds and the punishments provided for suciiiosoffenses
