274 SIXTY-THIRD CONGRESS. Sess. II. C11. 6. 1913. ,I¤{°y”°¤ *° °° E natio al banké association which shall receive authori d’ °t°` to foileign branc es shall be required at all times to furnisth information concerning the condition of such branches to the Comptroller of the Currency upon demand a.nd_tb.e Federal Reserve Board may order special exammations of the said foreiii branches at such mgggggmgw time g>r_times as it may ieeiriil best. Eysexyfsuc hns;tional association con uc e accoun o _ eac oreign ranc independently of the accounts of other foreign branches established by 1t and of 1tS l1c;1:£1<;§gce, and slngl at the end of each fiscillperiog ertoitsgen er epro for ossaccruingateac ranc as a e arate item. ·
h" Snbl;6. Allprovisions of law inconsistent with or suxrseded by any
of the provisions of this Act are to that extent and to at extent only mae. M heregy repealed: Provided, N othing in this Act contained shall be cong§§",,,,,§’,§, °,§‘,‘,,,,. itz-u to re§alMthe lpagity P1'0:hlSl0I.l or promisions contairilegd an · ct a rov are ourteen nmeteen un enti ‘An WL 31’P`“' Act topgefne and iix the standard of value, to maintain the parity of all forms of money issued or coined by the United States, to U ¤¤d by re:fund_the public debt, and for other purposesf and the Secretarg of . the Treasury may for the p e of mamtaming such arit an to strengthen the gold reserve, Edrrow gold on the secxuiiy oi, United States bonds authorized b section two of the Act last referred to or for one-year gold notes interest at a rate of not to exceed mmm bm, md threeper centum per annum or sell the same if necess to obtain wa. gold. Wheré the fund.; of the Treasbigydpn bland jusitig, he may purc an retire suc outstanding n an n tes. ,§,§‘;§,’§*,_ °"“°“°’ Sec._27. The_ revisions o§ the ct of May lahirtieth, nineteen mP;g*‘=§¤;_g§»m·i$ andenét, authonzgi national currency asociations, the vase, giant' issue of additional national—b circulation, and creating a N ational "`°"· P· Monetmx Commission, Wllliill expires by limitation under the terms of such ct on the thirtieth day of June, nineteen hundred and four- M M tzzemsrsturta *0 us *s2“h·d¤*s‘¤2thmds$ md
· ; o y-one un an - ee -one
i¤i§_i&i;§,Iii¤¤i’giiid;?:3 hundred and seventg—two, £fty-one hundred andyninety-one? and memes, fifty-two hundred an fourteen of the Revised Statutes of the United iS1tat§:,gvh1c§1 wei: amenlvgledlhy the Ap;} of Mae/ypdthirtiethil nineteen un e_an eig are ere reenac for as ti read prior to May lzhirtieth, myiieteen hundred and ° littcsuhggctontd »~··»»··» ?·"2£a“.?z°°“z.$.‘"3°““ it ’2“°d‘l{’““°‘*‘ ”r°f£’ Kmtililrii this A°°’ -m _ rj ever aseconnmeo e t t to' u§_;$‘£:°ii, igimiso, this section is heieby amended so as to changec the tax tiidties fixeld Tu ongmtmmmd in sand Act by making the portion applicable thereto read as follows: 0,;,,, ,,,,,,, by U,,,,,,,, National banking associations havixgg circulating notes secured Btafeswgggjrggwg; otherwise than by bonds of the United tates, shall pay for the first um, mleuasa. ’ three months a tax at the rate of three per centum per annum upon the axzegagie amour? of inch of their noitelsf in cirucsiilsation as are based upon e e esi 0 suc securiti , te additi nalt rate of one-li)alf of one per centuncipizii annurhw for eaizlh montli untill: tax of six per ctcipltlum per annum is reaplhed, and thereafter suph ta; o six per cen per annum upon e average amount o suc notes. §gdg°**¤¤ ¤*¤¤P¤=¤ Sec. 28. Section fifty-on hundred d f -three f th Revised
p. Statutes is hereby amendealand reenhldtedmtyread as) folliiws; Any
association formed under title may, by the vote of shareholders owning two-thirds of its capital stock, reduce its capital to an sum not be ow the amount required by this title to authorize the iiirma- $$1 ori asso31ations_;t£utf1;p1 such reductiotnephall be allowable which _re uce e cap1_ 0 _ e association th t d Rgggggvggggazzn for 1ts outstanding circulation, nor shall any(i·:dnc(tiid1i[\h)gnmdAel1i1unlH amen ’ ’ the amount of the proposed reduction has been reported to the Com troller of the Currency and such reduction has been approved by alé
