Page:United States Statutes at Large Volume 40 Part 1.djvu/988

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

970 SIXTY-FIFTH CONGRESS. Sess. II. Ch. 177. 1918. enth, nineteen hundred and sixteen, and June twenty-first, nineteen hunldredf aiid seventeen, be further amended and reenacted so as to rea as o ows:

 '°' 1*****;* **1;; order mthfuréngsh suihable gioiiles for circiilatiligi as §6d6Ii18·l

sg} 3*- P· ’°·reserve notes e mptro e o the ncy s un er the m °°d' direction of the Secretary of tile Treasury, cause plates, and dies to be engraved in the best manner to guard against counterfeits and Mmmm fraudulent alterations, and shall have Erinted therefrom and num- ,,,,dLf"“°‘ bered such quantities of such notes of the denommations of $5, $10, 4¤*¢»P·$’°· $20, ?5(gi1$%00& $2100, $1,00% $5,000S$1£,000 as S11:£iybbe_ reguired tg suppy e e e reserve anks. uc notes e m orm an tenor as directed by the Secretary of the Treasury under the provisions of this Act and shall bear the distinctive numbers of the sev- M engl Fergararllhrgserve bankshSthe·bc3ugh(;vlz1<;h ghey are issued." f h , nc. . t paragrap an c 0 section nineteen o the ME? r&§¤2;_;•:k_ Federal reserve Act, as amended by the Acts approved A t sr '°’ fifteenth, nineteen hundred and fourteen, and Jime twentytlgrlig, nineteen hundred and seventeen, be further amended and reenacted to read as_follows: ,,,§§·`;*,°§’,,,‘,‘;_*’° "°P“ " (b) _If in a reserve city, as now or hereafter dened, it shall hold and mamtam with the Federal reserve bank of its district an actual net balance_equal to not less than ten r centum of the aggregate Pmm gemount o£1ts_dema.nd depogiiz alma pertheentutrln of at; time · posits: _ ,_ t' ocate m eouying 'triets ¤*¥¤b¤?:*g mmm of a reserve city or m territbry added to such a city by the extension of its corporate charter, it may, uga the aiiirmative vote of tive _,*’P_¤_ members of the Federail_Reserve loagmholdf and maintain the I¤eantnln¤¢v•lBS81'V`B 8 0 l11p8I’8.gl'Bp tl SISO. '*”‘ " (c) If in a central reserve citg, as now or hereafter defined, it shall hold and mamtam with the ederal reserve bank of its district an actual net balance e¢}ual to not less than thirteen per centum of the aggregate amount o its demand drggosits and three r centum I1 beni in outlying of its time deposits: Provided, however, at if located in th; outlying

        • ¤*°*·•*°- districts of a central_reserve city or in territory added to such city

by the extension of its corporate charter it may, upon the affirm- Am P m ativetvotetgf five memlbzlrrluof the Reserve Board, hold and "' mamam ereserve cess ° hs() (b thereof.}, · pec m paragrap a or ) %‘§,‘f‘”°§"·‘§,‘§; Sec. 5. That section twenty-two of the Federal Reserve Act, as ¤¤·¤¢·¤- amended bg; ghe lfct of .fiu:ie twenty-first, nineteen hundred and seventeen, urt er amen and reenacted to read as follows: ,,,,,"‘§,',,,‘(,’,,,,,",'§‘Q,{‘_ °" " (a) No member bank and no officer, director, or employee thereof t M vb- shall hereaftgirl mgkmekanygaloan or grant any grixtuity tolany bank ,,M,,_ examiner. y officer, direc' for o em ° this hmwmk provision shall be deemed guilty of a misdemeghgealndlghhhmge imgznsoned not exceeding one year or fined not more than $5,000, or th; tan;1 may be fined a further sum equal to the money so loaned or ui y given.

 gfny examiner accepting a loan or gratuity from any bank

eggxpiiigeddby him gtoiiitfrorp an oiilcer, directoré oillacilmpgoyee thereof S oemed yo amisemeanorans ‘ gd one year or fined not more than $5,000, or both, and mayllblgldhzld a further sum equal to the money so loaned or gratuiély given, and shall mer thereafter be disqualified from holding 0 ce as a national examiner. Other www by er- " (b) No national bank amin shall th ' ‘”°L"°"°'°‘dd°°‘ for compensation while holding siilih o$c§Gggr:1n;nl¥an)k gl- dniecliltor, or employee glipreof. han dmc uaauamzea me ‘ o examiner pu `c or pri te, s l th amy gf 'E,,§‘§",,'},,f,_*""""""‘*°“'°" borrowers or the, collateral for fellas of a memgif bagknto other than the proper officers of such bank without first having obtained