Page:United States Statutes at Large Volume 48 Part 1.djvu/673

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73d CON GRESS . SESS. II. CHS . 168, 169 . APRIL 27, 30, 1934 . SEC . 11 . Section 6 of the Home Owners' Loan Act of 1933 is amended by adding at the end thereof the following new sentences " For the purposes of this section the Secretary of the Treasury is authorized and directed to allocate and make immediately available to the Board, out of the funds appropriated pursuant to section 5 (g) , the sum of $500,000 . Such sum shall be in addition to the funds appropriated pursuant to this section, and shall be subject to the call of the Board and shall remain available until expended ." SEC. 12. Subsection (e) of section 8 of the Home Owners' Loan Act of 1933, is hereby amended to read as follows " (e) No person, partnership, association, or corporation shall, directly or indirectly, solicit, contract for, charge or receive, or attempt t o solicit , contrac t for, ch arge or r eceive an y fee, ch arge, or other consideration from any person applying to the Corporation for a loan, whether bond or cash except ordinary fees authorized and required by the Corporation for services actually rendered for examination and perfection of title, appraisal, and like necessary services . Any person, partnership, association, or corporation vio- lating th e provisi ons of th is subsec tion shal l, upon c onviction thereof, be fined not more than $10,000, or imprisoned not more than five years or both ." SEC . 13 . Subsection (k) of section 4 of the Home Owners' Loan Act of 1933 is hereby amended by inserting a new sentence after the second sentence of such subsection as follows : "All payments upon principal of loans made by the Corporation shall under regulations inade by the Corporation be applied to the retirement of the bonds of the Corporation ." SEC . 14 . The eighth sentence of section 4 (a) of the Act entitled "An Act to provide for the establishment of a Corporation to aid in the refinancing of farm debts, and for other purposes ", appr ove d January 31, 1934, is amended to read as follows : "No such bonds shall be issued in excess of the assets of the Corporation, including the assets to be obtained from the proceeds of such bonds, but a failure to co mply w ith th is pro vision shall not in valida te the bonds or the guaranty of the same ." SEC . 15. If any provision of this Act, or the application thereof to any person or ci rcumst ance, is hel d inval id, th e rema inder of the Act, and the application of such provision to other persons or circumstances, shall not be affected thereby . Approved, April 27, 1934 . [CHAPTER 169 .] deceased Indians, for the leasing of allotments, and for other purposes", approved June 25, 1910, as amended . Be it enacted by the Senate and House o f Representatives o f the United States o f America in Congress assembled, That section 1 of the Act entitled "An Act to provide for determining the heirs of deceased Indians, for the disposition and sale of allotments of decease d Indi ans, f or the leasi ng of allotme nts, a nd for other pur- poses " (36 Stat . 855), be, and the same is hereby, amended to read as follows " That when any Indian to whom an allotment of land has been made, or may hereafter be made, dies before the expiration of the trust period and before the issuance of a fee simple patent, without having made a will disposing of said allotment as hereinafter pro- Encouragement of ho me financin g and sav ing . Ap propriation f or, allocated . Ante, p . 133. Ante, p . 135. Soliciting unauthor- ize d charges Punishment for . 647 A dmini stra tive rules , etc . Ante, p. 132. Application of pay- ments to retirement of bonds. Feder al F arm Mort- ga ge Corporation Act . Bonds of, not to issue in excess of assets Separability of pro- visio ns . Indian trust allot- ments . Vol. 36, p.555

Vol.

45, p. 161. Disposal of, to heirs of intestate Indians . AN ACT April 30, 1934 . To amend section 1 of the Act entitled "An Act to provide for determining the heirs of the deceased Indians, for the disposition and sale of allotments of [Public, No 179 .1