INDEX Refunding. ........ = To secure Federal reserve bank notes. To secure national bank notes. . . BraNcHES OF NATIONAL BANKS. . By-Laws or NATIONAL BANKS. CAPITAL STOCK OF NATIONAL BANKS: Application to increase capital. . . g Average yearly increase. . . . $25,000 permitted. ..... .. Deferred payments. .......... Determination of amount. . . ... Disposition of ....... Increase of. ........... Increase of by Stock Dividend. . Initial payments on. . . [mpaired.......0... 2 Reduction of. ......... Shares must be $100. _ CAPITAL STOCK OF FEDERAL RESERVE BANKS: Allotment of. ....,. 0 Cancellation and redemption of. . . Dividends. ........ co Increase and decrease of. . Liabilities of holders of... .... .e Maximum amount to be held by one individual or cor- poration...........~ Net earning, apportionment of . . Payment for. ........ xx Shares of $100 each. . Subscriptions to. ......... . TR vies we After organization of Federal reserve banks. ...... By banks. ......:..: cena Bypublie........... By State banks.......... By trust companies. .. ... By United States. . . ransfer of ......... 0 overs Voting power of, limited. . Page fal Text 10 092 23 14 %2 16 9 23 5 “A 8 47 45 5 Federal Reserve | Act 1R OK 5 5. 6. 28 2, 4 5,6 7 5, 6, 28 2 6 2 7 2,9 5 5 2 4 19 2 4, 9 49 2 2,5 o [1431