Section 3
SEC. 3. Section eight of Act Numbered Fourteen hundred and ninety-three is hereby amended by adding at the end thereof the following subsection: "(d) If the deposit be made in accordance with the provisions of Act Numbered Seventeen hundred and eighty, a certificate of deposit, in such form and under such rales as niav be prescribed by the Director of Posts, will be issued by the proper officer of the Postal Savings Bank upon application, accompanied by an affidavit that the certificate applied for is to be used only in connection with a firearm license. Title to such certificate may be transferred by indorsement to the Insular Treasurer alone, and the amount represented by such certificate shall bear the same. rate of interest and be calculated and paid in the same way as is provided by law for other deposits in the Postal Savings Bank. The legal holder of a certificate of deposit wishing to withdraw his interest or deposit shall present his certificate at the office where the withdrawal is to be made and shall sign in the presence of some officer of the Postal Savings Bank, who shall witness the same by his own signature, an application to withdraw the accrued interest on or the total amount and accrued interest of his certificate. This application shall be forwarded to the chief of the postal savings bank division, who. on being satisfied that the application is a bona fide one and that funds sufficient for payment are to the credit of the certificate of deposit, shall debit the amount to be withdrawn against such certificate and forward to the paying postmaster an authorization for the payment to the legal holder of said certificate of the amount applied for. In case the principal is withdrawn the certificate must be indorsed and surrendered."