Page:United States Statutes at Large Volume 40 Part 1.djvu/524

 506 SIXTY-FIFTH CONGRESS. Sess. II. CHS. 44,45. 1918. r·»»z,p.s4a. moneys, as expressed in such bonds or certificates, but not also_in United States gold coin, and he may dispose of such bonds or certifi- ·‘*"‘°»¥’·5°3· catcs in such manner and at such prices, not less than par, as he in may detegmgne, without coiiiplgance with th; provisions pbthe-3§;thir:1l Emmet? 0* fm ar a o section one. n eterminm` g the amount o on an (bm °qmv°km` iiertiiglcalties issuable under this Act the dollar equivalent of the amount of any bonds or certificates payable in foreigln money or foreign moneys shall be determined by the Bar of exc ange at the date of issue thereof as estimated bi the irector of the Mint, and proclaimed by the Secretary of the Treasury, in pursuance of the pro- V°*·”·¥’·“2· visions of section twenty-five of the Act approved August twenty- seventh, eighteen hundred and ninety-four, entitled ‘An Act to D mms mom reduce taxation, to provide revenue for the Government, and for m»_°i?:mds my be other purposes} The Secretary of the Treasury may designate ‘*°“g“““d· depositaries in foreign countries, with which may be eposited as he may determine a or any part of the p)roceeds of any bonds or pertificates authorized by this Act, paya le in foreign money or ore mone s. T'“°‘ "§:. 17. That the short title of this Act shall be ‘Second Liberty 777 L§Q‘{y°°§§i§§‘,§,¥`l”* Bcgiiicilit-That the Act entitled "An Act to authorize an issue of ed·**”*· P· 3% °¤*°¤d· bonds to meet expenditures for the national security and defense, ' and, for the purpose of assisting in the prosecution of the war, to extend credit_ to foreign governments, and for other pu.rp0ses,j’ approved April twenty-fourth, mneteen hundred and seventeen, 1s Ti,,6g,m_ hereby amended by a ding a new section to read as follows: "SEc. 9. That the short title of this Act shall be ‘First Liberty riciswzhaaec B°Dd Act', U ` ‘ Sec. 8. That the short title of this Act shall be "Third Liberty Bond Act." Approved, April 4, 1918. A mixers. ls- 37**1 CHAP. 45.-An Act To provide further for the national security and defense, and, for the purpose of ass1sj;1ug in the_ prosecution of the war, to provide credits for industries and enterprises in the United States necessary or contribute to the prosecution of the war, and to supervise the issuance of securities, and rhir other pl1I’pOS€S. Be it enacted by the Senate and House of Representatives of the United States of Amerika in (bngress assembled, W°' "“"“°° °°" Trims I.—WArz Fmaxvcrx Coizroaarios. poration Act. b,§,',‘§,“§‘$§‘Lyf,",?,‘3,,,§'{’§,,“,§f That the Secretary of the Treasury and four additional persons (who shall be the directors first appointed asheremafter provided), are hereby created a body corporate and %0l1tlC m deed and in law by the name, style,  title 0 the “War inance Corporation" (herein Promo called the Corporatmn), and shall have succession for a period of vqwm` umass to ten years: Prmnded, That in no event shall the Corporation exercise °°""““"“°°°"“° `""· any of the powers conferred by this Act, except such as are incidental to the liquidation of its assets and the winding up of its affairs, after six months after the termination of the war, the date of such tergiination to be fixed by proclamation of the President of the United tatos {f{{’"{§ s{f§_£°1§;,ld by Sec. 2. That the capital stock of the Corporation shall be ¤¤MS¤¤·¤¤- s500,000_,0o0, all of which shall be subscribed by the United States of America, and such subscripmon shall be subject to call upon the vote of three-fifths of the board of directors of the Corporation, with _,_p,,,,,%,,,;.,,,,,¤ ,0, the approval of the Secretary of the Treasury, at such time or times ¤¤¤¤¤¤¤ ¤>¤¤· as may be deemed advisable; and there is hereby appropriated, out of any money in the Treasury not otherwise appropriated, the sum