Post Office Savings Bank Act, 1863

Power to appoint managers to sign transfer certificates.

5. The trustees of any savings bank, at a meeting called for that purpose, may appoint any number of managers to sign transfer certificates ; and the signatures of any two of such managers to a transfer certificate shall be a sufficient authority to the Commissioners for the Reduction of the National Debt to transfer the amount set forth in such certificate; provided, that a list of such managers, with their signatures certified by two trustees, shall have been previously deposited with the Commissioners for the Reduction of the National Debt ; and provided also, that the said trustees may from time to time revoke such appointment and appoint other managers, notifying such revocation and appointment to the said Commissioners.