/0) 
FEDERAL RESERVE ACT Suc. 25 (8 
in this section. It shall be unlawful for any director, 
officer, agent, or employee of any such corporation to 
use or to conspire to use the credit, the funds, or the 
power of the corporation to fix or control the price of any 
such commodities, and any such person violating this 
provision shall be liable to a fine of not less than $1,000 
and not exceeding $5,000 or imprisonment not less than 
one year and not exceeding five years, or both, in the 
discretion of the court. 
No corporation shall be organized under the provisions 
of this section with a capital stock of less than $2,000,000, 
one-quarter of which must be paid in before the corpora- 
tion may be authorized to begin business, and the re- 
mainder of the capital stock of such corporation shall be 
paid in installments of at least 10 per centum on the 
whole amount to which the corporation shall be limited 
as frequently as one installment at the end of each 
succeeding two months from the time of the commence- 
ment of its business operations until the whole of the 
capital stock shall be paid in: Provided, however, That 
whenever $2,000,000 of the capital stock of any corpora- 
tion is paid in the remainder of the corporation’s capital 
stock or any unpaid part of such remainder may, with 
the consent of the Federal Reserve Board and subject 
to such regulations and conditions as it may prescribe, 
be paid in upon call from the board of directors; such 
unpaid subscriptions, however, to be included in the 
maximum of 10 per centum of the national bank’s 
capital and surplus which a national bank is permitted 
under the provisions of this Act to hold in stock of cor- 
porations engaged in business of the kind described in 
this section and in section 25 of the Federal Reserve Act 
as amended: Provided further, That no such corporation 
ghall have liabilities outstanding at any one time upon 
its debentures, bonds, and promissory notes in excess of 
ten times its paid-in capital and surplus. The capital 
stock of any such corporation may be increased at 
any time, with the approval of the Federal Reserve 
Board, by a vote of two-thirds of its shareholders or 
by unanimous consent in writing of the shareholders 
without a meeting and without a formal vote, but 
any such increase of capital shall be fully paid in 
within ninety days after such approval; and may be 
reduced in like manner. provided that in no event shall