Chapter 215. To extend for one year the powers of the War Finance Corporation to make advances under the provisions of the Act entitled “An Act to amend the War Finance Corporation Act, approved April 5, 1918, as amended, to provide relief for producers of and dealers in agricultural products, and for other purp
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CHAP. 215.— An Act To extend for one year the powers of the War Finance Corporation to make advances under the provisions of the Act entitled “An Act to amend the War Finance Corporation Act, approved April 5, 1918, as amended, to provide relief for producers of and dealers in agricultural products, and for other purposes,” approved August 24, 1921. June 10, 1922.[[S. 2775](/us/bill/67/s/2775).][[Public, No. 238](/us/pl/67/238).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, War Finance Corporation.Time extended for advances by, on agricultural products, etc.Vol. 40, p. 1313.*Ante*, p. 181.*Post*, p. 1481.
That the time during which the War Finance Corporation may make advances and purchase notes, drafts, bills of exchange or other securities under the terms of sections 21, 22, 23, and 24 of the War Finance Corporation Act, as amended, is hereby extended up to and including May 31, 1923:*Proviso*.Application received on day of termination. *Provided*, That if any application for an advance or for the purchase by the War Finance Corporation of notes, drafts, bills of exchange, or other securities is received at the office of the corporation in the District of Columbia on or before May 31, 1923, such application may be acted upon and approved, and the advance may be made or the notes, drafts, bills of exchange, or other securities purchased at any time prior to June 30, 1923.
Sec. 2. Issue of bonds, etc.Vol. 40, p. 510, amended. That the second paragraph of section 12 of title 1 of the War Finance Corporation Act, as amended, be further amended to read as follows: " Time of issue and maturity.“The power of the corporation to issue notes or bonds may be exercised at any time prior to January 31, 1926, but no such notes or bonds shall mature later than June 30, 1926.” " Sec. 3. Liquidation time extended.*Ante*, p. 184, amended.*Post*, p. 1481. That paragraph 3 of section 15 of title 1 of the War Finance Corporation Act, as amended, be amended by striking out at the beginning of said paragraph the words “beginning July 1, 1922,” and inserting in lieu thereof the words “beginning July 1, 1923.
” Deposit of funds.*Ante*, p. 184, amended.*Post*, p. 1481.That paragraph 4 of said section 15 be amended by striking out at the beginning of said paragraph the words “After July 1, 1922,” and inserting in lieu thereof the words “After July 1, 1923.” Approved, June 10, 1922.