Postal Savings: An Historical and Critical Study of the Postal Savings Bank System of the United States

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Princeton University Press, 1917 - 176 páginas

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Página 93 - All stocks, bonds, Treasury notes, and other obligations of the United States shall be exempt from taxation by or under State or municipal or local authority.
Página 143 - ... the faith of the United States is solemnly pledged to the payment in coin, or its equivalent of all the obligations of the United States...
Página 143 - An Act making appropriations for the service of the Post Office Department for the fiscal year ending June thirtieth, nineteen hundred and thirteen, and for other purposes", approved August 24.
Página 123 - ... has not defaulted in the payment of any part of either principal or interest of any funded debt authorized to be contracted by it, and...
Página 147 - That postal savings funds received under the provisions of this act shall be deposited in solvent banks, whether organized under National or State laws, and whether member banks or not of...
Página 148 - The funds received at the postal savings depository offices in each city, town, village, and other locality shall be deposited in banks located therein (substantially in proportion to the capital and surplus of each such bank) willing to receive such deposits under the terms of this act and the regulations made by authority thereof...
Página 140 - ... shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under State, municipal, or local authority...
Página 152 - Each road overseer shall, before entering upon the duties of his office, execute...
Página 169 - SEC. 3. The public good requiring the speedy enactment of this bill, the passage of the same is hereby expedited in accordance with section two of "An act prescribing the order of procedure by the Commission in the enactment of laws," passed September twenty-sixth, nineteen hundred.
Página 44 - The board of trustees shall take from such banks such security in public bonds or other securities, supported by the taxing power, as the board may prescribe, approve, and deem sufficient and necessary to insure the safety and prompt payment of such deposits on demand.

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