··. _IND Federal Farm Loan I7aw+Qontinu_ed _. I National agricultural credit-corporations——Contlnued _ · 3 Acknowledgment of organizationcertiiicate and articles 0 .of association, p. 320, § 1163 _ ·_ _ - . . `Actions, capacity to sue and defend, p. 320, §» 1171. (4)
- » Additional real-estate security for obligations, p. 321,.
‘ § 1182 ‘ · - . · ‘ ` · Advances for agricultural purposes, limitation of ` _ amount, p. 321, §‘;1191 ` _ -4-———power to make, p. 321, §? 1172 (1, 2) ‘· . _ Allotment of funds for ad_ministrative purposes, p._323, 25 1249 . . ‘ · , · _ ‘ Allotment to Department of Agriculture for expenses, p.323,§ 1249 ‘ · .. ,· · . - .‘ ·
- Assessment. to pay administration expenses, p. 323; ’
§1242_ ‘ ‘ " By-laws, power to make, p. 320, § 1171 (6) I Certiiicatéiof organization, p. 320, § 1161 _ Citizenship for jurisdictional purposes, p. 320, §' 1171 ~ (4) Collateral 'trust notes, authority to issue, p. 321, e§ 1172 (sy ·` ° — _ . -,- · ‘ Collection of unpaid `subscriptions, p.°322, § 1214 0 Consolidation of corporations, p. 324, § 129101: seq. Contracts, powerto make, p. 320.‘§.1171 (3) { _ . Conversion of State corporations into credit corpora- · tionsjp.324, §` -1281 et seq. · · - `· ‘ · Corporate é=xistence,‘duration, 320, § -1171 (2) _ _ Custodian,`_ trustee, -or agent for holders of. paper. ' ° negotiated, authority, to act, p. 321,/§ 1172 (7) " · 'Debentures, authority to issue, .321, § 1172 (8) -—-Tliability of United States, p. 321, § 1181 » —-— purchase and sale by?Feder_al reserve banks,,p. 282, ggzrai 351 , __·» · Debts, p. 324, § 1271- _' ` Deposit of funds in memberbanks ofwreserve systems p.324,§i271·-‘ . `· Directors, appointment, compensation, and duties, p. 320, ' s 1171 (5) · .’ Q . T · .. D -5---number, term of eiiice, and qualification, p. 320, i' §1l71 (8} I . . I '·‘ ‘ Discount .and· rediscount on bills and Quotes, p. 321, ” §1172 (1, 2.)'· ·· — C it . , · Examination, p. 322, § 1243 et seq. i . ‘ Expenses,`assessment‘_to pay, p. 323, § 1242` · - Federal reserve banks as‘depositaries and fiscal agents. p. 284, {393 3. A I ‘· . Fiscal agent of United States; duty to act on request, j p.! 321, § 1172 (4) l · . b ’ Incidental powers, p._20, $$1171 (7) ‘ Incorporation, p. 320, § 1151 » Insolvency, p. 325, § 1301 et seq`. · _ ·_ ‘ Inspection of livestock as basis for loan, p. 323, §. 1247` Inspectors of livestock, false statements Hi reports, pQ22a,; 1248 I- “ ” Interest, rate chargeable, p. 321, §§ 1201, 1202 » Liquidation, p. 325, § 1303 .· " Loans and gratuities to examinersprohibited, p. 323, § 1245 _ · Q . ~ · · ‘ Name of corporation, p. 320,"§ 1162 .Utlicers‘and employees, appointment and removal, p. , 22o,g 1171 (5) ° 7 · = · . Organization, p. 320, § 1161 I Penal provisions, p. 325, § 1311 et seq. _ . Period ofpcorporate cxlstenco IY 320, § 1171 (2) Permit to do business, p. 322,`§§ 1231, 1232 . Powers generally, p. 320, .§& 1171; lp. 321, 1172, i Purpose of credit corporations, p. 320, I 1151 ` Real estate, authority to pureum and hold,-p. ,321, s I172_(6) “ — . »`
EX ‘ ‘ 2244 Federal Farm Loan Law——ContinueH _ . · , National agricultural credit corporations—Continued · · ` i Receivers, appointment, p. 325, § 1301 · " Rediscount corporations, p. 322, § 1221 A Reports to Comptroller of Currency, p. 323,. 5 1248 Seal, power to adopt and nse, p. 320, 5 1171 (1) _ Securities, authority to buy and sell, p. 321, 5 1172 (3i · Shareholders agent, appointment in- place of receiver, ·p.325,§_1302· ~_ ‘_ ‘· ” State taxation, p. 324,,5 1261 T- . Stock,_amount, p. 322, § 1211 I . ———increase or reduction,·p. 322, § 1212 ——— members of reserve banks as stockholders, p. 322%, . ‘ § 1251__ _ - " _ . ` -é——rodiscount corporations, authority to buy and
‘hold, p._ 321, § 1172S (5)· · · Y . - `
——·—J-payment before grant of certificate to do business, · p. 322, § 1211 ‘ _ _ `· _‘ - —e-—transter of shares, p.-.322, $.1213. _ ·—#—-voting by proxy, p. see, 5 1215- · -—-——-vsfitl1drawal of paid-in capital, p. 322, § 1212 ' Stockholders, banks of reserve system, p. 323, § 1251 Supervision by-Comptrolleriof Currency, p. 323, § 1241 Taxation by- States, p. 3254,. § 1261 _ r __ 2 United States °not liable on _ corporate ‘0bligations;_` - _ p. 321, § 1181_ — · ` Voluntary liquidation, lp. 325, 5 1303 ` National farm-loan associations E _ _ ° Aniortization tablesfor use of association, p. 300,_`§ 002 Articles-of association, `·p. 302, _§ 711 _ .· " ~ Cancellation .of stock on_liquidation,_ p. 3·13, § 960 » Charges for applications for loans, powerto tix, 12. t;o5. . `§761 .. 1 · Commissions on interest paid by borrowers, right to_ <·h·:u·;te, p. 304. § 374 ° . · ‘? l Directors, compensation and_qua_li6cations, p. 303, § 713 —-———- election ofomcers, p. 303, 5 713 — ` ·-———-—minimum number, p. 303iéQ 712 _ -——term of oflice,`.p. 303, § 7 —-—unautl1oriaed fees and" commissions, penalty for . h receiving, p. 314, .§. ‘ ` -Illvl•l•·nds on_ shares,»p. 312, § 913 l _ ”l·}xamination,_ authority of loan board, p. 308, § 831 (el Grant orrefusalr of charter, p. 303, § 719 ` I ncome—tax exemption, Cp. 823, Q 982 (13) _ Incorporators, nnmbor required, p.` 303, § 716 llnsolvency, p. 313, §§ 961, 964 . { _ 1 ` _Interest-bearing`certiiicates, power to' issue .a;·:ainst deposits, p. 305, _§_ 761 3 H _ Liquidatio_n,. p. 313. §§ 965, 966 - Loan committee, appointment, p. 303, §`712 , — -»-—-e-.borrowers ineligible to membership, p. 305. § 756 —-—-—-—investigation of applicants for loans, p. 304, 5 751 — Loans to loan associations, authority to make, p. 304, `C , ·¥-——- l4, 5 743 _ Loans to xneml 1 , com issionsoninterest payments.
p. 304, § 743 1 · .
·-———-fundsaobtalnéd from land bank, -p. 303, 5 720 -J--·———-right to obtain loans, p. 304, § 741 " » .··-———-- subscription to land bank stock as security. p. 303,.
$l'21_ -. ·.
Members, admission after organization, p. 304, §`7~1,5 ·-—e-·llmited to borrowers, p; 30i, 5 733 , . -—-—-·loans to pay Stor, stock purchased, p. 304,_§ 742 _ ·-·—-personal liability for debts of association', p. 304, v -·s%z4‘4 ·` e ··--yrlght to loans. p. 304, _§_ 741 Mortgages, iudorsement, p. 305, 5 701 4
