Social Comptabilism: The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of BelgiumSolvay, Ernest
General
Social Comptabilism: The Cheque and Clearing Service in the Austrian Postal Savings Bank. Proposed Law laid before the Chamber of Representatives of Belgium
Solvay, Ernest
Postal savings banks; Postal savings banks -- Austria
The deposit-book is issued in the name of the person for whom the
savings have been deposited, and is to contain the notes necessary
to the identification of the same, as well as the signature of the
depositor.
A depositor who cannot write will have to bring with him a trustworthy
man who will have to attest the identity of the depositor and to sign
the deposit-book in his stead.
An assignment of a deposit-book to another person is only to be
accepted by the Post Office Savings Bank when the act of assignment has
taken place at a post office entrusted with Post Office Savings Bank
business.
This being done, the assignee is to be regarded as the proprietor of
the deposit-book. (Art. 21, paragraph 3.)
Minors are entitled to pay in sums as savings and to receive repayments
back, provided their legal representative has entered no written
objection at the Post Office Savings Bank.
In the case of the loss of the deposit-book, a duplicate is, after
carrying out the proceedings prescribed by Article 14, to be issued.
For one and the same person, but one Post Office Savings Bank
deposit-book is to be issued.
Whoever causes two or more deposit-books to be issued loses the
interests on the capital entered in the second and in any subsequent
books.
If the whole amount of the deposits in the two or more deposit-books
that a depositor has caused to be issued is over the sum of a 1,000
florins, or if a depositor has deposited in one year more than 300
florins, in the two or more deposit-books issued to him, he will lose
in the first case that part of the capital which exceeds 1,000 florins,
and in the second, that part of the capital which exceeds 300 florins.
The Minister of Commerce is empowered for well considered reasons to be
indulgent with reference to the loss of capital, which, in conformity
with the regulations, would occur to the surplus deposits.
Post Office servants are forbidden, except to their superiors, to give
any information whatever to anyone, as to the names of depositors and
the amounts of their deposits.
[Q] _According to the altered form of the law of November 19^{th} 1887._
The earlier form of Article 7 ran thus:
Each payment must amount to at least 50 kreutzers or a multiple of 50
kreutzers. The sum total of payments in the course of a year cannot
exceed the amount of 300 florins, after deducting the amount resulting
from payments back during that year.
The balance in favour of a depositor including deposits paid in
and interest added to the capital cannot, deducting the amount of
repayments amount to more than 1,000 florins.
Deposits of 50 kreutzers can be made in postage stamps, or in special
postal savings stamps as soon as such stamps are issued by the Minister
of Commerce. These stamps are to be fastened on forms supplied
gratuitously.
[R] _According to the altered form of the law of November 19^{th} 1887._
The earlier form of Article 8 ran thus:
Public-domain text, read in full here on John Shaqi.
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