Show R Rn a I nd d a l r it t T TI 01 e I- I II l mi MI r If 1 I l r w to vo 4 r O cr b 8 r app pars ii a i pr tor he duty of theto the 4 to to 9 I oafa oaf r a in inS S r as j pe twin iVed to t I all uch original rdv r per ot of any of-any any Fed Feds s f tor which ch stock is is' g the mine of national r or oa a eS ci cir shall be Le held d r y rs 6 ze het of the A hie r p 0 na pf the Farm Loan Ploys not less than Piro per V u h capital shall io lo inri Inthis In In- ri t 1 J I bonds i 5 4 r e deiro n f Sec t 8 Federal laun bank e I organ u r this Act win when desby des des- r at urpo by the 4 th sha 1 I a a i iI of ot pub c I receipts from customs under such such regulations as m may ny fee se prescribed by said aid secretary and they may also L be empl employed p a agents of thu tho government and they shall ahall perform j i ji st i 11 1 such reasonable d tf u t i e o a s sas as 8 depositaries of public money j jand and financial agents of t the h e government as may flay bo be required of off them And the secretary of the treasury tress treas ury shall require A of t the Federal lentil land banks and joint stock land banks thus designated satisfactory i ly ty by the deposit of United States bonds or otherwise for the safekeeping safekeeping safe safe- keeping and prompt payment of the public money deposited with them and for the faithful performance or at their duties as financial financial agents of the government No t government funds funds deposited deposited under the provisions of this section shall be invested Jn in r 1 nr n 1 r tw t aIl t d to ose osee e prefer Measurer j ho hall ret b d aa ll a tiree hers 1 t all all' officers f. f e i iR R uni bt to them thema f a foar dt q aSt F r a e tire secretary t e trees I-trees- ahall r term of wr bona hona ode de residents of the terris the association is s d to to do business and shall J B e of the association it the duty duty of secre try of every national farm 1 Iona oan to act as of f. f Its funds and and lo to deposit the same samei i in i such batik as the board of j. fors 7 may dea de mite to pay ay over to sums received for theli account from the Federal land liana j- j first mortgage as in inthis this Act c d to reef meet all ail other other- ob ob- r rL t L r pap r r b Prot At rep t stock e k t Q p or V bearing a I the Conduct pf the a afo af fairs of o the es a. a Ile t Ya I a to bet bej prescribed and approved by the tho Fed l ca T rd the proper performance of of- tub tub- the diet es v l' nude Act which Silil cover prompt collection and ad transmit sion of funds He h dl nua quarterly report to tb the Federal F Fr rn Lei hoard upon to ton ir n provided pro pro- vided for that p ou I re t vy rn d board surd Tort sect t y s y fr sT s- s sa T lion re ln the of the rr national rm f.-rm MV il or 0 T I 1 ir u- u l r- r T 1 v irr rrt nr t T tf It- It duly i autUori c l cr f I rd rrt To 1113 ac raC lf ri r t tto ftc to 0 sire that the i l' l M he ratU t L n l 1 i 1 yi ra s 's an n oiT e- e earo p aro e f. f 1 i io o Ut 3 r nn v t Lt ii in ti tie c av- av oi of tilt cr a a fv l md ti l orl t it id t e crt to I lii i. i a 1 ri oT CI tl rit Lr fl 1 i I rv r if of any Carty 1 e rr to crill h I o e of oi his 01 j cJ Iio lo shall also aliU aud u i. i J I tan Mie t t q 01 iny i quest tr ta-cs ta c oti on 1 u l in j 1 1 I io o hank bank auk tits Liia c cf lio d Il Tio 10 J ro so f. f tien Il-e Il ei of the e y tre se ro il firer r l' l tho hr torn lo n com com- and other ril ers rs n end nd r n r eats of national farm loon loan a ro nt association i and the salary of oi lie he secretary treas tary ure shall 11 lie paid from the general gener- gener gener j al at fu funds ds of the association and cud the th I 1 board of or directors Is authorized t to set aside such sums urns as it shall deem I requisite for that purpose and for fOIl other expenses of said association I I When no such funds are available I thE the board of directors may levy an I assessment on members In n proportion to the amount of stock held by each which may be repaid as soon as funds I are available or it may secure an advance from the Federal land banko bank o of the district to be repaid with In Interest Interest Interest In- In terest at ot the rate of six per per ann annum annum m from dividends belongIng belonging belonging belong belong- ing to said association Said Federal land bank is s hereby authorized to o 8 F r e i iii S t H ii v J Jg 3 M p pin r T ere i fm x n r- r as asS S m o rit it r 1 Jj W. l' l lIi i Ii wi t J i t y p-y flea stirs ar j mr band ban I z t r v d 1 in f i of be 1 a comp D r g r p o pf M the thelon lo lon loan ri t eg 9 in iq Ja section t ten bet 1 aJ and d. d by 4 an an affidavit stat state stat t pf f the e subscribers is fa ise e 1 er r or about b t J to become thor the tho Pl Z r 4 ot larm a l r veer r i t tye 1 re ot te Ac Act as the tUe b. b basis p f Mortgage i tf t loan that that at the Uie loan 1 d by each person is not pot more moreth th t OJ Op n 1 less than and andt t t a J age legate of the desired d Ion loans l f is pot not t lest less than f that at said Bald d affidavit is accompanied by bya a D' D to stock stok in the tho Federal land land- I d bank equal t ve P per r t r t f. f the b aggregate t sum um desired on spans and that thata a temporary arty ary a l of f. f said ass association ct tion li h by th the ele election tion of ot aard aboard a a- aboard board ard of f directors Ufe tors a aloan loan committee f d secretary a. a who rho sub sub-j sUb sUb-I 6 i a il yit b. b ivin hie 1 res a an ce address I soon 1 receipt o of such articles qt ass ion with tp the ac o affidavit vit t. t an stock stock subscription the directors root rs of of paid said Federal land bank banka a shall hall il send end ap an appraiser to invests investigate ate the th solvency and of or the ap ap- i nt and the lie value of their lands hinds shall then determine whether in their judgment nt a charter should be bel l granted to such association The They Theys s tall nn Bitch ilCh articles of also i asso-i station and the accompanying affidavit afI ho to o the Federl Fedell Farm Loan Board with their recommendation It If said rec is i unfavorable the the r larl harter r t nU refused I 1 It Its It's t s ld re on I is favor I l lle lc tJ tlC harm Farm Loin Loto i Loard oard l fl l thereupon U l I t a to dJ ji Ir n 4 t 6 1 p. p I Ie rule e 7 I M al l. l 1 pl bar bary y H tio Us tU w Ji v. Jt IQ n t. t 1 ipu o r 1 i cei t. t O of i it art artex f such uch I farin loan o i it ht ha haN N a dud and ud emlO ct eced d to toire r ire re ve from rom tho 1110 Fed Fed-erol 1 laud land b Ua baat of j I tile district srn to he h s. s SI nero d r t the lP t no bons of Uj this Act ACL i blen r T. co p. p f r rm f rin b ln 5 shall all t to ft t r j P 0 il hr a n ni OI Ji fir t t la 11 rt- rt rt-i rt i G f J n o frt i tho rl ml 11 ii iX LI v. v t f f its fIs s r r r liiL l 1 i I i. i u 1 i l 1 or rr t i 11 l 11 T l I I t I J r t Jive e f r 1 I Tt l l 1 lJ 1 o P h i 1 1 r I In jn 1 to i t 1 i I I i t V t I 1 JT i i I t i.- i. L 1 r l 1 1 o 1 I 1 I. I i M 11 1 1 l ral i- i r Ir i T I Il 1 t 1 l I 1 l I 1 U i C CL e l' I i 1 I 1 a 11 v. v I oi l if i i I 1 1 L. L L. L J I I 1 l 1 I I I 1 I t I i 1 1 h ht C t I i 1 I V I i 1 I I 1 l 1 I r I 1 i il I e c 1 1 t I ll n I t. t j i t I 1 J. J |