Page:United States Statutes at Large Volume 42 Part 1.djvu/1500

srxrr-snvnxrn concnnss. sees. Iv. cn. 252. 1923. 1473 any such debenture, coupon, or other obligation, or who shall pass, utter, or publish as true any falsely altered or spurious debenture, coupon, or other obligation issued or purporting to have been issued by any such corporation knowing the same to be falsely altered or spurrous shall be punished by a fine of not exceeding $5,000 or by P"“’*hm°""· imprisonment not to exceed Eve years, or both. (g) Any person who shall deceive, defraud, or impose upon or ,,,sM‘Qsk‘,‘§,g,hf,‘}’§;;,,p{‘gf, who shall attempt to deceive, defraud, or impose upon an person, d;>g=iv¤¤¤¤¤¤¤¤¤¤¢¤r partnership, corporation, or association by making any fgilse pre- 0 °b°mur°S’°t°` tense or representation concerning the character, issue, security, contents, conditions, or terms of any debenture, coupon, or other obligation issued under the terms of this title, shall be fined not P‘mi’hm°“"· exceeding $500, or imprisoned not to exceed one year, or both. (h) All cor orations not organized under the provisions of this ~§I,§§‘§f,‘{’Qi;‘§,%l,,,,,“§,‘§,,‘{{ title are prohibited from using the words “National Agricultural C¤>di*C<>¤’1>¤¤¤¤¤¤-" Credit Corporation " as part of their corporate name, and any violation of this prohibition shall subject the party charged therewith to a civil penalty of $50 for each day during which the violation P°¤¤l*Y· continues. nas1mvA·r1oN or mem ro AMEND. Sec. 217. That the right to amend, alter, or repeal the provisions "`mmdm°"t’°°° of this title is hereby expressly reserved. TITLE III.-AMENDMENT§C%"O FEDERAL FARM LOAN n§;ii°§¤¤¤g?°° M Sec. 301. That the second paragraph of section 3 of the Federal F“'”L°”°B°m Farm Loan Act is amended to read as follows: “ Said Federal Farm Loan Board shall consist of seven members, ,,§§B'g‘}’0°8g§,',gP i¤· including the Secretary of the Treasury, who shall be a member and EdV¤1-39,p.¤61,ém¤¤¤i chairman ex officio, and six members to be appointed by the Presi- ` dent of the United States, by and with the advice and consent of the _ _ Senate. Of the six members to be appointed by the President, not ¤££E§S‘{’§i‘§?"ts’““““' more than three shall be appointed from one political party, and all six of said members shall be citizens of the United States and shall devote their entire time to the business of the Federal Farm P _ Loan Board; they shall receive an annual salary of $10,000 payable T°"""m`l‘ monthly, together with actual necessary travelinlg expenses. One of m°£ii§Z,,°f °°mm°"°] the additional members of the Federal Farm can Board, hereby provided for, shall be appointed for a term expiring August 6, 1929, and one for a term expirin August 6, 1931, and thereafter the terms of all members of the Tederal Farm Loan Board shall be as in this section otherwise rovided for." v¤1.zo,p.am,¤m¤¤1< Sec. 302. That the eiglith paragraph of section 3 of the Federal °"· Farm Loan Act is amended and divided into three paragraphs to read as follows: $,,1,,, Expenses “ The salaries and expenses of the Federal Farm Loan Board and gage isaigdby land farm loan registrars and examiners authorized iuider this section ` shall, after June 30, 1923, be paid by the Federal and joint-stock land banks in proportion to their gross assets, as follows: Estimates 0, Bu M_ _ “The Federal Farm Loan card shall, prior to June 30, 1923, and peusespc besugsmineu each six months thereafter, estimate the expenses and salaries of the °v°”S“m°m ‘ Federal Farm Loan Board, its officers anddemployees, farm loan registrars de ut re `strars, the examiners an reviewing appraisers, A Mmm mt and appoitiolii time gime among the Federal and joint-stock land ;¤E§<i.·§iGgM&sa¤Ii1s cn banks in proportion to their gross assets at the time of such appor- gr ' tionment and make an assessment upon each of such banks pursuant to such apportionment, ayable on the lst of July or January next ensuing. The funds colllected pursuant to such assessments shall be 42150°—~23—-93