Page:United States Statutes at Large Volume 44 Part 1.djvu/2261

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` ‘ l 2247g 11 t i i }~`edei·al Reserve Banks-—·Continued ‘ Meinbeir bankseC‘ontinued t . _ Witlidrawalof reserve ba1anoe,_p._287,’§ 464 `. Kaine, cityof location as part of." p, 275, ‘§-225 . . Net earnings accruing to United States, disposition, p. 272 ·`§290' A ° " Notes of circulation, see Reserve notes, infra . Obligations of National, State and municipal`governnicfiit: _ 4 authority to buy and Sell, p. 282, § 355 ’ Otbeers ‘ ” , _ ·` . Appointment by board of directors, 281, 5. 341* Eligibility, connection! with other banking concern: p.353,§19 -. ~ 8 Rmbezaleinent, penalty, p. 291, §`·592_ _· . Interlocking officersl prohibited, of 353, 5 '19 A . Removal or suspension, p. 276, § 248 (f)· ` t Unauthorized, certification of check, penalty, pp 291 .§ 591 . _ · — , 3. . Open-market operations, establishment of accounts for, D; 283. §358` l ‘ l . ` Period of succession, p. 281, ~§ 341 - Pokyers and duties, p. $-281, §_ 341‘et seq, Purchase of commercial paper from member banks ant ` sale ofsame, p.`283,_·§ 356 »· _ t Quarters occupied by subtreasuries, assignment to Fedora reserve banks, p._ 1005, §_ 479 ‘ · ‘ ° Rediscounts, see Discounts,`supra -· ,_ . _ _ Regulations for safeguarding assets, power of board _.t» make, p. 276, 5 248 (i) ~ = » _ Reserve agents 1 ‘ __ _ ._ · — _ · Assistants. to reserve agent, p. 279, § 306. ‘ Designation fromjclass C of directors, ps 279,·§ 305 Duties andcoinpensation, p. 279, § 305 5 . Power of board to require bond, p. 276, §" 248 (i) Reserve cities `· p · I .` · · ' · " Increase of number, p. 276, .§ 248 (e) Number authorized, p. 275, § 223 . `Reclassincation, p. 276, § 248 (e) .. _ Status as aaected by Federal reserve act, p. 275, ‘§ ,22¢ ‘Reserx·e districts, see Itnnmar. Rnsmvr: Drsraicrs Reserve notes . I U _ __ See also Circulating notes, supra Appli‘eatio.n for notes, § 412; p. 285, §`414 Character as znoney,_p. 284, 5 411 " co11acei·ai. security fornotes, p. 284, 5 412 _ _. . Custody and safekeeping. of notes a;nd·collateral, p. 285 § 417; U . · · _ E Denominations of notes, p. 286, 5 418 _ _ ‘ ‘ Deposits `toreduce liability for.outstand~ing notes, p __ ·285,·§415 »._ ._ · _ . · Destruction of notes unfit for circulation, p. 285, 5 413 Expenses of issue and retirement paidby banks, p. 286, ieee . . · · · 1 1Form of notes, p. 286,5 418 Fractional eurrency prohibited, p. 483, 5 293 - ._ Gold deposits in treasury for redemption of issued notes, p. 285, ‘§ 414 '5 _ » `- - ~ Interest on notes issued, rate Hxed by reserve boa rd, p. .zss.Z¤ 414 — ‘ _ , _ l ‘_ ., Issue to reserve banks} p. 284, `§· 411 . . . ,1. ' Joint liability of reserve agent andbank for safekeepina of notes issued and collateral deposited’,[p. 285, 8417. Lien on aswts of bank for notes issued,*p. 285,,6 414 _ Obligations of United States, p.`284, 5 411 - Paper for .printim;:.notos, p. 286, ·§ 422 l · Place of deposit of notes before delivery to banks, p. 286, § 419 `

\ VDEX _ V t · Federal Reserve Banks——Continued . Reserve notes+Continued · ‘ l Plates and dies, control and direction by coznptroller, p. 1 _ -‘ .2ss, s 420, __ ·. ° ' 3, ` ———-eiramination, p. 286, §_ 421 ‘ 1i·l·1i1u¤g notes?-p. 286, § 418 2 · ` Receivable for taxes, customs and other public dues, p.

 _2s4, § 411- .. j ° · , ’
 ·Redemption, p._· 284,'§ 411

Reduction of liability for outstanding reserve notes, p. -‘—2s$,§415 — i ‘ X .§· ». > s, ? Reimbursenient of Government for cost o?print\in::. p. " _2so, §--422 ~ _ . R ` Reissue of notes, p. § 415 3*, S. J. v_ . Retirement of notes, p. 285,-§ 413 · _ ·—·· Return of notes to bank of issue for credit or re¤lél·mpl,_ ition, p. 285, § 413 ., -5 , _ _ 1, Substitution of collateral for protecetion Jef notes. p. 1. 285.§415 Y -~ L. " .. ‘ e Unauthorized issue of notes; punishment, p. .291. § 581 ·· Withdrawal of collateral deposited to ’protect—`notes, p. 285, § 416 l “ “A fl Reserves 4 . .. . Amount of `reserves against deposits and reserve notes A .1 in circulation, respectively, p. § 413. ‘ ·‘ ‘ . _ Balance required tobe kept by member banks, p. :287, 0 Collateral. foryreserve notes as part of- reserves re- · . quired, p. 285, §_ 413 U ·_ V _ ` Deposits of.gold coin or' gold certificates with Waiter} x __States=Treasurer, p. 287, § 467 . ` .Gold or lawful money required, p. %5,°§ 413 a Graduatedetax on deticiency, power of reserve board to · establish, p.,276,-§ 2—l8_(e) · · i `, Suspending reserve requirements, power of reserve board, p. 276, § 248 (c) . ‘ ‘· . Seal, adoption and.`u_s_e, p. .281, § 341 . State banks as members of reserve system, -p. 279. § {321 i `etseq. _‘ -` _ _ ·. ' Statexnents of `condition, weekly publication by , reserve 6 ·‘ .- bona, p. 276, 5 248 (ay ` Stock and stockholders 2 . _ Allotment of stock to United Statesgp. 277, §_ 284 _ Certiticationtof reductiolmp.'278, § 288 — — ` Dividends, p..,278, § 289 _ ‘ · ’ . Increase of stock, p. 278, § 287- Liability for debts ofbank, p. 288, § 502 . Member banks as stockholders, p. 278, § 287 — ‘ . Nonvoting. stock, holdings by member banks, p.. :277, _ __Par value of shares, p. 278, §.287 _ ’_ ‘~Public subscriptions to stock, limitation, p. :277. 2%,; .—Subscriptions by national banks, p. 277, §28;Z · · · Transfer. of stock, rules and regulations, p. 277; § Sei; I _ Succession, `iperiod of;~p.·281, §.341 · I Supervision by reserve board, p. 276, § 248 (j) _ Suspension of operations. p<;m·er of re.se;·re,bonrcl. p. ;:?ii, ` §,2·l8_ (ii). ‘ R “` C F Tax exemptions, p. 28il."§ 531 _ _ '1`ransfer of funds and clxarges therefor among banks limi. " ‘branches, power of reserve board to regulate. p. 277, ’· e§ 248 (_n1)» o _ ° _ Writing oil doubtful or worthless`asscts, p. 276. § Lit"- ·;r) Federal l}CS€l'\’0"B0£\l'(l _ ‘ Antitrust laws. enforcement. .p.-354, §~ 21 Chairman of board, p- 275, 244- _ . ‘ Compensation of nienihers, p. 275, § 241 ..