Public Law 56. to provide relief in the existing national emergency in banking, and for other purposes”, approved March 9, 1933
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/statutes-at-large/vol-48/public-law-56·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(/us/pl/73/55).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the Secretary Celilo Canal, Oreg.Right of way granted across, to The Dalles Bridge Company. of War be, and he is hereby, authorized and empowered to grant to The Dalles Bridge Company, a corporation organized and existing under the laws of the State of Washington, its successors and assigns, a permanent right of way, in such location and under such terms and conditions as may be approved by the Secretary of War, over and across the Celilo Canal and other Government lands along the Columbia River near The Dalles, Oregon, for bridge and highway purposes, with full power to locate, construct, and operate a bridge, approaches and approach highways, and adjuncts: *Provided*, That *Provisos*.Use for bridge purposes. the land shall not be used for other purposes and when the property shall cease to be so used it shall revert to the United States: *Provided Right to remove bridge, etc., reserved. further*, That the right to compel the removal of said bridge, approaches and approach highways, and adjuncts is hereby reserved in the Secretary of War, whenever he may determine the interests of the Government so requires, and which said removal is to be without expense to the Government as a condition of this grant.
Approved, June 15, 1933. To amend the Act entitled “An Act to provide relief in the existing national emergency in banking, and for other purposes”, approved March 9, 1933. Chapter 79 48 Stat. 147 1933-06-15 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2024-12-11 73 1 public [CHAPTER 79.] AN ACT To amend the Act entitled “An Act to provide relief in the existing national emergency in banking, and for other purposes”, approved March 9, 1933.June 15, 1933.[[S. 1425](/us/bill/73/s/1425).][[Public, No. 56](/us/pl/73/56).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That the Act entitled Emergency Bank Act, amendment. *Ante*, p. 5, amended.
“An Act to provide relief in the existing national emergency in banking, and for other purposes”, approved March 9, 1933, is amended by—
(a)striking out the whole of section 301 of title III thereof and inserting in lieu thereof the following: " “Sec. 301. Notwithstanding any other provision of law, any national Preferred stock. Issue of more than one class, by vote of shareholders, permitted. banking association may, with the approval of the Comptroller of the Currency and by vote of shareholders owning a majority of the stock of such association, upon not less than five days’ notice, given by registered mail pursuant to action taken by its board of directors, issue preferred stock of one or more classes, in 148Amount, par value, etc. such amount and with such par value as shall be approved by said Comptroller, and make such amendments to its articles of association as may be necessary for this purpose; but, in the case of any newly organized national banking association which has not yet Payment. issued common stock, the requirement of notice to and vote of shareholders shall not apply. No issue of preferred stock shall be valid until the par value of all stock so issued shall be paid in.” "
(b)Subsection repealed. *Ante*, p. 5. Paying dividends upon preferred stock. striking out the whole of subsection
(a)of section 302 of the said title III and inserting in lieu thereof the following: " “Notwithstanding any other provision of law, whether relating to restriction upon the payment of dividends upon capital stock or otherwise, the holders of such preferred stock shall be entitled to receive such cumulative dividends at a rate not exceeding 6 per Voting, etc., rights. centum per annum and shall have such voting and conversion rights and such control of management, and such stock shall be subject Retirement provisions. to retirement in such manner and upon such conditions, as may be provided in the articles of association with the approval of the Personal liability. Comptroller of the Currency. The holders of such preferred stock shall not be held individually responsible as such holders for any debts, contracts, or engagements of such association, and shall not be liable for assessments to restore impairments in the capital of such association as now provided by law with reference to holders of common stock.” " Approved, June 15, 1933. Amending section 74 of the Judicial Code, as amended (U.S.C., Annotated title 28, sec. 147). Chapter 80 48 Stat. 148 1933-06-15 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2024-12-11 73 1 public [CHAPTER 80.] AN ACT Amending section 74 of the Judicial Code, as amended (U.S.C., Annotated title 28, sec. 147).June 15, 1933.[[S. 1650](/us/bill/73/s/1650).][
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statutes-at-large
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Public Law 56
to provide relief in the existing national emergency in banking, and for other purposes”, approved March 9, 1933
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