1029 · _ ,:i1_r,:.,e;s1;»Q,-1go1sj.er, States (but, —ln the case of certltlmte_g ieenecl after Septmber 7 li, 1917,`nnly if and ;te the extent perevldeq in connection with E
issue 88 lily I
under State, ninnicipnl, or local_'antherity;·and a sum not ex·f 15 temlizig one-tenth et V1 per centmn of amonnt of any certitl· ‘ ” on tes of indebtednms leeuetl is hcrehy npproprinted, out of any 1 ,,,,1 ,m;>;i in- the Trcasiiry not olherwiee amziroprlated, tegpny the g expenses { of preparing, nclvertising, and "issnlng· the same. i {yet}, 4,1919, ci 25, § 2, 36 Sint. 192,; Sent. 1917,, c. 56, §_ 11, I ·»1{%fS{§l1, @2:) Q » _ I _- ( _
we. Certain beads receivable. its- security for national c
henk circulating notes.-—·-1‘he bmds issued unyler section 39 ot J ·the Act of August 5; 19($ {chapter 6., fI'hif;ty-slxthistatntes, 4
- e1ge_117), which cirry a provision that such bonds shell not
he reccivnhle by the Treasurer of the Unitéd States es eecnrity for the isene of circulating notes to national banks shall not ‘ 1,,,1 receivable ite: that pnrpeée. P (Mer. 2,51911, c. 195, Stat. 'f 1913.) ,- ; - ‘ " _ _ ~ E 771. Deposit of proceeds of sales of Liberty bonds, ccrtiti- tl cetes of indchtedncss, igraavings certiEcaten.-——’1‘l1e Sec- · tl weary et the Treasury, in his diecretionpis anthorizeél to de- e posit, lntieuch incorporated benkn end trustvcompaniee es he A ,;,,5;;: designate, the proceeds, or any part thereogarieing from :8 the sale of the hondenud certiticntcg of indebtedness and war- a ”seri:1ge·‘t·ertiHcnten. authorized bgpthis sectioxr and eéctione a 752 to 754, 757, 758, 760, ,764 to 766,*769; 773, end_774 of this o title, nntlby the “First'Liherty-Bond Act " (Act of. April 24, n 1:117, chapter 4, Fortietli.Stntxites,,'7page 35) uml arisingufroni lt tlge payment of income taxes, and such 'deposlts shell hear snuck n mln or rntes,of~intei=est, nmlshsxll be Fsccuretl in stitch manner, 1: en}1 smell be made upon emlxsuhject to such terms and condi-__ 11 sions as the s,·¤—gt.·n·y’ of the Trcaeury may from time to time tl ,;m·st=rii>e: Pmritled, That the pi·0y’ision:s of sections 1.41 to 143 ·· gt et 'l`il1c,12, with reference to the reaéerves requiresl to, be kent tl 1,;; netionn1.b:mking 'ne.secinfions andiother memwber Banks of .3} the 1`ederal reserve. system, shell not apply to deposits ‘/of ti xpiililicixneneys by the United States in designated dep0sitm·iosL ,0 {:<c;st; 2-1, 1917, c. 56,] § 8, 40 Stat. 291; Oct.'3,*#1917, c, 63, é; §. :11. 49 $ta't. 398.; Apr; 4, 1918, c. 44, § 5,. 49 Stat. 504,) tl 772. Fiscal s_gents.——Any incor;>orete¢1`benk.or trpet company" S, <it~¢<ignntc<l asn depositary by the Secretary of the Treasury p nmler the authority conferred by, section 771 wof. this title, b e·l:ii,·ll gives Security for such deposits an, 'und;to amounts,. by sl Alina prescribed, nmy, npon and eiuhject to such terms end con- c; ditione nn the Secretary, of the Treasury may prescr be, act as ,:1 n i1ece1.egent of the United States in connection w th, the op- I eretions of selling end delirering any bonds, certitl kites of ·iu— b del·tedneee, or war-savings certitlmtes let Lthe (United scene, I (July 9, 1918, c. 1,42, Q"4, 40`Stgt. 845.) » , h . A _ tt A 7 73. Per(e~:rmnn¢e,_o£;érvices by gioetil employees in COI\l\€¢··‘ ex ,tien sv.ith‘I>endn, ctc.-————In icoxmectiou jlvith the operntioneo! ad- zi vcrtising, selling, and dellrering" any bonds, certillcates of in- e. debtednet=e.` or warienyings oertihcntcs of the', United States l;u·es·itle~d for in this section and sections 752 to '754,’ 757,758, e 799, 764 to 768, 769, and '771 ofthle title, the 1’oet'mnster Gen- e ernl, under. teach Dregnlntione nn he mnyprescrlbe, shall require, `& at the request of the’Seci·ela;·y_of the Treasury, the employees tl of the Post Office Department nndofu the Postal Service to fe perform S1¥§h,}§til’Vl£*€*S eetmey be ne<·ee.n:{1ry, desirable, or prec- ll ticehle, without entre, compensation. (Sept. /24,.1917, ci. 56, § 9,` 11 ..49 ~1Stnt. 292.) _ ,' . - Q ti 774. Short titles of Actetm-The short. titles of the following xx Acts referred to or ine-lnded, wholly or partly lnthie chapter, a · shell be an tollewsz (1) The ehorttitle of the Act of April 24,; to 1917 (chapter 4, Fortieth Statutes, page 35),,"sha1l be “First qi Liberty Bond Act." ~ ’ , · l _ , ~ ·- , U ( .(2) The short tltle of the »Agt of September 24, 1917 (chap- in §t391’·56, Fortieth Statutes, page %8), Shall be *‘,Seco¤tl Libetfy d .BondAct.", I ” " “Q xx i»··‘ .
VANDJRINANGE ’ F l ,§ 802 (3) The shcirt titlscf the Act of April 4,1918 (ghspter 44, i'0rtiesth,Sstatutss, page'502) , shsll [be “Third Libettytflsnd Act? - (g1)_ Theshcft title of the Act at »é§ly 9, _1918 (ebayer 142, ‘0rticth ,Stamtes, flags 8·i4) , shall ba·",Fom·th Lib·srtyrB0§:<l Act." (5) The short title of the Act of September 24, 1918 (chapter .76, `Fortieth Statutcsjpags 965), shéll be "·Sst1p§>1sment to lecoxid Liberty B0¤d»Act." ‘ , ‘ » » I (6) The short title of the Act of Marsh 3, l919 ‘_(chsptsrZ1&). ?ox·tie»t11»Statutss, @@*1309), shall be “Victory Liberty Loss Lct." (Apr._·24,°1917; c. M4, 5 9, 40 Stat; 506; Sept. 24, 1917, ·. 56, § 17, 40 Stat. 506; Aprg.4, 1918, c. 44, § 8, 40 Stat. 5%; ¥u1y_9, 1918, 0. 142, §·_5,.40 Stat. 845; Sept.,2é," 1918, c. 176, § 7,3 ¤0 Stat. 967 ; Mar. 3, 19·L9,‘c. IW, § 11, *0$St$tL’1314.) _ ` , OBLIGATIQNS 01%* FOREIGN GOVERNHEKTS 801. Ccnvcrsiad into. ébligstiems hearing hiéer interest Q ite; sale of obligstim,is;·rédemptian· af Unitw bsués.-— · lxceptas otherwise provigied sections 805 to 89991 thistitle, - hé _Secrctai·y of theQ'1‘rcasm·y is auth0;·ized,·{;jpé to time, Q exercise ini te/spect to any obligstiegms of £0»reig¤`gsssr¤ms¤tscguired undef suthority of the Fi;st"0i· Se:c¢mé~IAbsrty` Band tcts `(April 24, 1917, chapter 4, Fértiqth Stsmtgs, mgs 35; I Leptcmber: 24, 1917, chapter ,56, Forticth Stnmiss, pigs, 238) uy privilege of c0,nvhi·si01;ri¤t0 obligations bearing intemst. at , higher rate provided for in orfpurshsnt l50_S?E1€§ Acts, and ts cmvert any shorbtinse 0b1ig&tiOl1S'Of· foreign gcvemmeuts which my have been purchased under the suthority of such Acts mts jng—tc_rm obligzxticns of such forsiygu governments, respsctivsty, latixring 110t‘latér tlihtg1=the’b<>11cis_0f the Uz1itgd_St&teS ist; issued under the authority of such. Acts, smipm sash fs:·m‘ nditcri11sl`é1s_the'Sscretary of the `Tressury may prssgribe; but hc 1’3[€_01‘ mtesdf interest home by auysuchl lsxxg-time shli} atisus at the time of tlmir sctidisitivn shall not be iéss than he rl‘21[€'b'6l‘i1€- by .the‘ sh0rt—ti;11e>·0bIigati0us so csnverted mm uch 1()1lg'—tlI110·0bug2;l_fiCl1S'; and, uncle? suchgterms and csm:li· · imis ss he may from time to time prescribe, tsreceise psymémz, A ix ,0x· befote mtiturity, of any obligations. sf, such fszsign gmsri1me11°ts~a<·qg1ired on behslf- of the United States Qtmeier sushérity of such Acts, sud, with the approvals! the Présidsst, ts sll any of such obligations (but not. at iessrthah the purchase . rice with accrued interest unless cithsrwisiz hsresttzer {)i*0vi¢.lsel e y law), and tp spply the moceeds thereof, sud ss! ;}symssts_ 0 received flitllllh foreign governments (01} &Ct’}JRIl‘t.- of the primipsl iof their ssid cbligstiams, to the rsglemptiss sr purchase, W t n0t'1n01·é_th'én par sud sccyuéd interest, of may bsnds of the initéd States tmdsr s_1,1th0rity»0f such AQcts;°am1 if sm:h` wuts qtm not be so redlsemeel. or purchased tits-Secretary of the` freasixry shall redeem or ptirshase. any othsrcutstssdisg, iw szrestlmarihg obiigstimts of the United States which may st ash timé·“bc subject td rédempticm or which csh; {bs purchsstid t not more than par mid accrued iI1t€·1`i€}S'C. ·· (Sept. 24, 1917, .56,§3,40'Stst,289.) · ° ¢ _ _ ‘* 802. Conversion of shorbtime obligations of fsrsign gavrnnitctxts, into long-time, 0bligsti<ms§ interest; payment sf bligati¢ms.—-—Escspt as stherwiss provides! is ssctisns $05 ts 09 of this title, the Secretary oi the iirésstxry is suthsrissd rsm· fiing td. time _ to ·c0n.vexTt any shérbtime obligations sf srsign goysrnmsuts which may be received imdexj the sutlms
- y of p
- 1rsgrspl1,_(a)* uifsscstisn ‘7 of the Act of Mazrch 3,
919 (chaptsxi 100, Fortiéth Statutes, page 1312), into lun;,;: imc _ obligations of such fsroign gsvsmmsnts, rss;w·c·tiwly, mturing not lstsr than Octslr 15, 1938. sud in siish form nd terms as the Sscrstgri ot the Treasury may pivscritls; ut: the rats O1`-178.tGS qt interest hams by shy such lsug-time bligatisns at the time of their acquisitisu? shall mt be less has-the fate home by the shsrbtimé sbligstions so coiwsrtsd nm such long-tim¤‘sb1igstious ; sud, under such tetms and can- i ititms as hémay frém time to time prescribe, to rssceiws psy- xent, on 01* bcforg maturity, of ani qbligsticns of such Icreigtr
