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APPENDIX

DEPOSIT OF FUNDS OF FEDERAL LAND BANKS IN
MEMBER BANKS—FEDERAL RESERVE BANKS AND
MEMBER BANKS AUTHORIZED TO BUY AND SELL
FARM LOAN BONDS

Sections 5, 8, 13. and 27 of the Farm Loan Act, approved July 17,
1916

Spo. 5.—

At least twenty-five per centum of that part of the
capital of any Federal land bank for which stock is outstanding
 in the name of national farm loan associations
shall be held in quick assets, and may consist of cash in
the vaults of said land bank, or in deposits in member
banks of the Federal reserve system, or in readily marketable
 securities which are approved under rules and regulations
 of the Federal Farm Loan Board: Provided, That
not less than five per centum of such capital shall be
nvested in United States Government bonds.

GOVERNMENT DEPOSITARIES

Sec. 6. That all Federal land banks and joint stock
land banks organized under this Act, when designated for
that purpose by the Secretary of the Treasury, shall be
depositaries of public money, except receipts from customs,
 under such regulations as may be prescribed by
said Secretary; and they may also be employed as
financial agents of the Government; and they shall
perform all such reasonable duties, as depositaries of
public money and financial agents of the Government,
as may be required of them. And the Secretary of the
Treasury shall require of the Federal land banks and
joint stock land banks thus designated satisfactory
security, by the deposit of United States bonds or otherwise,
 for the safekeeping and prompt payment of the
public money deposited with them, and for the faithful
performance of their duties as financial agents of the
Government. No Government funds deposited under
the provisions of this section shall be invested in mortrace
 loans or farm loan bonds.