28 SIXTY-SEVENTH CONGRESS. Sess. I. Cris. 20-22. 1921. m,“‘°,,‘m°,,P°”“’ “°* lawful shall not apply. Nothing in this paragraph contained shall ` be construed as in any wise or restricting the powers of the several States as now ems to control and regulate telephone compa.nies." Approved, June 10, 1921. Juli; CHAP. 21.-An Act For the construction of a bridge across the Des Moines River lY¤bI¤°» N°· ml at or near the city of Dumas, Des Moms mm. Be it enacted by Senate and Housigf Representat*ives_of the United Ammon? Tigers States of America in Congress assembl , That the Atchison, Topeka {*,{‘,§’,,i,“i_’;*°m:;*br,Y",;‘{ and Sante F e Ra.1lwaéCompany, its successors and assigns, be, an the Dumasito. same is hereby, au orized to construct, maintain, and operate a. bridge and ap roaches thereto across the Des Momes River at a _ , P _ 7 _ _ J Cmtmtm mt suitable to the interests of navigation, at or near Dumas, Vo1.34,p. si ouri, m accordance with the provisions of the Act entitled "An Act to €r§§}lateht;i; ggnstruction of bridges over navigable waters," approv are , 06. ' mm°m°°t’ Sec. 2. That the right to alter, amend, or repeal this Act is hereby expressly reserved. Approved, June 11, 1921.
Axel; To amend the Act approved December 23, 1913, known as
» °~ · e e rve c . Be it enacted by the Senate and House ey Re esentatives of the United ,t,§.?§;.§g’°"° "°° States of America in Oogugress assembled, ’l’li};t section 25 (a) of the ,,,_ ·P· Federal Reserve Act, being the section added to said Act by the Act C mm mm approved December 24,_ 1919, be amended so that the first sentence $,%gS°'P“,,,,_,,,,“ ,,,8, ,,pm_ pioghe pgagizgggph ‘prest<;1r1ltiing gihe amount og migplatal stool; a corplpra- ¤ · org uner a sec onisre uire ' also the manner in which such ca iteil stock mmgtcbaen Pm$cm _ P paid m, sa parlagraph beilng the igznirth Haragraph following subparagraph (c) of Capimstock sar‘ section, s rea as fo ows: _ nod.-, srpsymem. o corporation shall be orglamzed under the provisions of this section wit a capital stock of ess than {2,000,000, one-quarter of wh1ch must be paid in before_ the coigporation may be authorized to beg1n_bus1ness, and the remainder o the ca ital stock of such corporation shall be paid m_mstallments of at lieast 10 er centum on the vgiole amounttto which this cor(po1}ation shall be limited as freuen as_one ins ent att e en o each dlllgl t th p,,,,,,_,,,,_ iiom tlie time of the commencement of its bnigiiiceigg operavtiiiirgorilntil mIg;{,¤;·;;gy§2fo*;,*3lé•gg the whole of the capital stock shall be paid in: Provided, however, psalm. That whenever $2,000,000 of the capital stock of any corporation is paid in the remainder of the corporation’s capital stock or any unpaid Eart of such remainder may, with the consent of the Federal Reserve Imudcdinmounw oard_ and sub]ect_to such regulations and conditions as it ma Ziggy? to ¤¤¤¤¤=•1 prescribe, be poly} H1 Upon Ca from the board of directors- such °qv,,,_·:?§Lp<_i,3,}-,,,_ unpaid subscriptions, however, to be included in the maximiim of §%g·p. ·.>, ¤. 4, p- ]()tPg;·8f(i:1tuin_ of the ntaetional bank’s capital and surplus which 8. na ion an is permit under the provisions of this Act to hold in stock of corporations engaged in business of the kind described pollrwmding ,mbm_ in this section and in section 25 of the Federal Reserv tiesnmred d d- P 6 Act as » ~ - amen e . romded further, That no such co oration shall have liabilities outstanding at any one time upon its dlebentures bonds and promissory notes in excess of ten tunes its paid-in capital, and surplus. — Approved, June 14, 1921.
