The original conception of a savings bank was a place where the savings of working people could be deposited and united so as to form loanable capital. The funds were managed without pay by officers who were philanthropic individuals, and the profits upon the capital earned went to the depositors. This was the original type of savings bank and it yet survives, except that the officers are generally paid a salary.1 But there was certain to arise a kind of savings bank, where the profits, over and above a certain interest on the deposits, would go to the managers of the institution; and therefore there are savings banks which are regularly stocked corporations, where the deposit creates a debt and the stockholders are liable for the usual double liability upon their stock.2 There are still other savings banks which have two kinds of depositors, those who become stockholders and those who are not.3 The peculiar nature of these banks has caused them to be separately noticed.