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or selection to act for such bank or other corporation in such
capacity his eligibility to act in such capacity shall not be
effected and he shall not become or be deemed amenable to any
of the provisions hereof by reason of any change in the affairs
of such bank or other corporation from whatsoever cause, whether
specifically excepted by any of the provisions hereof or not,
until the expiration of one year from the date of his election or
employment.
Sec. 9. Every president, director, officer or manager of any
firm, assocation or corporation engaged in commerce as a common
carrier, who embezzles, steals, abstracts or willfully misapplies or
willfully permits to be misapplied, any of the moneys, funds,
credits, securities, property or assets of such firm, association or
corporation, arising or accruing from, or used in, such commerce,
in whole or in part, or willfuliy or knowingly converts the same
to his own use or to the use of another, shall be deemed guilty
of a felony and upon conviction shall be fined not less than
$ 500.— or confined in the penitentiary not less than one year
nor more than ten years, or both, in the discretion of the court.
Prosecutions hereunder may be in the district-court of the United
States for the district wherein the offence may have been committed.

That nothing in this section shall be held to take away or
impair the jurisdiction of the courts of the several States under
the laws thereof; and a judgment of conviction or acquittal on
the merits under the laws of any State shall be a bar to any
prosecution hereunder for the same act or acts.

Sec, 10. After two years from the approval of this Act no
common carrier engaged in commerce shall have any dealings in
securities supplies, or other articles of commerce, or shall make
or have any contracts for construction or maintenance of any
kind, to the amount of more than $ 50.000, in the aggregate,
in any one year, with another corporation, firm, partnership or
association when the said common carrier shall have upon its
board of directors or as its president, manager or as its purchasing
or selling-officer, or agent in the particular transaction, any person
who is at the same time a director, manager, or purchasing Or
selling-officer of, or who has any substantial interest in, such
other corporation, firm, partnership or association, unless and