Page:United States Statutes at Large Volume 40 Part 1.djvu/1061

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SIXTY-F IF TH CONGRESS. Sess. II. Cris. 208, 209. 1918. 1043 Sec. 2. That upon the close of the war or as soon thereafter as may R°"°”*°¤· be practicable, the Secretary of `War shall cause said home to be vacated by the Medical Department of the Army, and thereupon jurisdiction and control over said home shall revert to said Board of Managers of the National Home for Disabled Volunteer Soldiers. Sec. 3. That the various items of appropriations heretofore or t0'{_§;*;j'{)'¤{c*,;*:S¤b°¤ hereafter made for the sup ort, maintenance, and other necessary ' expenses of said Southern Branch of the National Home for Disab ed Volunteer Soldiers, be, and they hereby are, made available for payment of the cost of the transfer of the members of said home to other branches of the national home, and for the transfer of any proplerty found to be necessary to transfer therefrom to other branches S of the national home and for the support of the branches to which °pp°"’°°°’ said members are transferred to the extent of the allotments thereof made by the said board of managers in consideration of and in the amount of an extra expense incurred by reason of said transfers and R°“’““‘°'· for the retransfer from said branches to said Southern Branch of the ersons and property transferred as aforesaid at such time as jurisdiction and control over said Southern Branch shall be reinvested in said board of managers in accordance with the provisions of section two of this Act. Approved, November 7, 1918. QHAP. 209.-An Act To provide for the consolidation of national banking amoci· Ni’1El?'i‘tllit0;6slgl8' 8t.10XlS. [public, N°_ mo. I Be it enacted by the Senate and House %Rel(€ti·esenmtives ejthe United · States any America in Congress assemb , at any two or more §,§,°§,,°{‘,‘lg,,l{$,§‘,,"‘,;,,,,,, nation banking associations located within the same county, city, g{8tg=°¢;{¤a;,¤$`<g°g¤¤ me town, or village may, with the approval of the Comptroller of the ' Currency, consolidate into one association under the charter of either existing banks, on such terms and conditions as may be lawfully agreed upon by a majority of the board of directors of each association proposing to consolidate, and be ratified and confirmed by the affirmative vote of the shareholders of each such association owning at least two-thirds of its capital stock outstanding, at a meeting to be held on the call of the directors after publishing notice of the time, place, and object of the meeting forfour consecutivewecks in some newspaper published in the place where the said association is located, and if no news aper is published m the place, then in a paper published nearest thereto, and after sending such notice to each shareholder of record b registered mail at least ten days prior to said meeting: Provided, 'lxhat the capital stock of such consoli- Prom?. dated association shall not be less than thatrequired under existing °“‘°`°“ "°“"°'“°°°‘ law for the organization of a national bank in the place in which it { is located: And provided further, That when such consolidation shall d,;E_,,"{’§§§§,§‘.§‘,$‘0'f§,‘}{ have been effected and approved by the comptroller any shareholder of either of the associations so consolidated who has not voted for P'°°°d`”°‘ such consolidation may give notice to the directors of the association in which he is interested within twentv days from the date of the certificate of approval of the comptroller that he dissents from the lan of consolidation as ado ted and approved, whereupon he shall lie entitled to receive the value of the shares so held by him, to be ascertained by an appraisal made by a committee of three persons, » one to be selected by the shareholder, one by the directors, and the third by the two so chosen: and in case the value so fixed shall not be satisfactory to the shareholder he may within five days after being notified of the appraisal appeal to the Comptroller of the Currency, who shall cause a reappraisal to be made, which shall be