48
APPENDIX
BANKS MEMBERS OF THE FEDERAL RESERVE SYSTEM MAY
BECOME STOCKHOLDERS
Sec. 210. That any member bank of the Federal re-
serve system may file application with the Comptrolle!
of the Currency for permission to invest an amount not
exceeding in the aggregate 10 per centum of its paid-in
capital stock and surplus in the stock of one or more of
the National Agricultural Credit Corporations, and upon?
approval of such application may purchase such stock.
The Comptroller of the Currency shall have discretiop
to approve or reject such application in whole or in part
DEPOSITS
Sec. 212. That the moneys of National Agriculturs
Credit Corporations may be kept on deposit subject t0
check in any member bank of the Federal reserve system
LIMITATION ON USE OF WORDS “FEDERAL,” “UNITEY
STATES.” OR “RESERVE”
Act approved May 24, 1926
An Act To prohibit offering for sale as Federal farm loan bonds
any securities not issued under the terms of the Farm Loan Act
to limit the use of the words “Federal,” “United States,” ol
“reserve,” or a combination of such words, to prohibit false
advertising, and for other purposes.
Be it enacted by the Senate and House of Representatives
of the United States of America in Congress assembled.
That no bank, banking association, trust company,
corporation, association, firm, partnership, or person
not organized under the provisions of the Act of July 17.
1916, known as the Federal Farm Loan Act, as amended.
shall advertise or represent that it makes Federal farm
loans or advertise of offer for sale as Federal farm loan
bonds any bond not issued under the provisions of the
Federal Farm Loan Act, or make use of the word ‘Fed-
eral” or the words “United States” or any other word
or words implying Government ownership, obligation,
or supervision in advertising or offering for sale any
bond, note, mortgage, or other security not issued by
the Government of the United States or under the
provisions of the said Federal Farm Loan Act or some
other Act of Congress.
