Page:United States Statutes at Large Volume 42 Part 1.djvu/1587

 1560 SIXTY-SEVENTH CONGRESS. Sess. IV. Cns. 293-295. 1923. p,§;gf°pp*°f’“I °m· _ Sec. 10. That a joint committee of Congress is hereby created, conatgdonpgigcggaigawtg gg sisting of three Senators who are members of the Sixty-eighth Conxtgpsglrgdegioéadjusmmt gzesssézgct be t(a;;pl<;1n§<;lt py; ghptgigez ggesidenk and three éteprespngf- __ - g _ ress w o are mem ers o Sixty-seventh Congress, to be appomted by the Speaker. It shall . be the dutgr of the ]o1nt committee to investigate and report to Congiress on gz 31 gr; daydof thehnext regular sessipn what adjustments, 1 any s 0 ma e in the compensation 0 th oili ers a d - ployees of the Senate and House of Representative; indludinrg jdgt gomrigitepg ap; pair? corgmiitsionsé the office of tflheélrchitect of the api, e gis a ive ra mg ervice, an the apitol Police. Approved, March 4, 1923. umu we. of ggAP. 294.-An Act To amend the Revenue Act of 1921 in respect to exchanges Be it enacted by the Senate and House 0 R at f §“,$;‘f‘,‘§_°;,‘(,,m,¤d_ the United Statea_0[ _Ame¢·ica in Congress a.£sem?;;di67'l`li1aiv({:ar;{ ed- graph (1) of subdivision éc) of section 202 of the Revenue Act of Exchanges of pm- 1921 is amended, to take e act January 1 1923, to read as follows: mg, _ on  Whéi} ally $11011 EFOPGITY held for mvestment or for pronlzed§l‘l'Idr1ike0s  d“°t1Y° use m tmd° QT IESIDBSS (11013 i11G1l1d.l1;§ stock·in—trade or  ed ~·~.- s ziiipafsfamp hill £;2“%;‘.i'.¥d,*.,° ’ pezspbi ia; p papcgp ppppppp 68, 6 C., I1 _ · os. n nous, ° °‘“"°'*- tion, certiiicatgs of trust or bene cial interest, or other evidences of mdebtedness or mterest), is exchanged for property Am, P. 230 _ of a like kind or use." ¤¤· is §:;7éI?éE§¤€>d1:1;10ni§e) of section 202 of the Revenue Act of 1921 E,,g,,,,g,$g10,,,,,,g “(B) Wh: ° 3- 9 9 Wt J#111\18·1'_Y 1, 1923, to read as follows: gpm gg pmpnvpcf _ ere ro rty is exchanged for other property which has a, noreadilyrea alem kt 1 vigged on mm M m hichh 31] 6 Vane, together with money or other bggig_ gr  ke? *21 m$d]1Y I`€·8»11Z8bl6 market value, then the money able market varl v ueacéfthe property having such readily realiz- es e,.—S“;.’§$.p&2d i.‘I1§§.§*“";p° php? fip pppppd ppppppppp app . . se 1,,,,,,,, mu simm and if m exceed of such basis shall: hgutagr ble Pmrljfrty exchanged,, hs 1 (P PGN! IS exchungpddi for property specified in BWP t0( {jx 2)» _¤¤ (3) of Su vision (c) as received in mmgmm i-enmta {Z; m,%§a°$rf§§°.*$rh'é“¥’?§§¤‘Zi..€‘§§,`Z2a5’§§”1§‘§§c§f ..“a§ZdiZ thwount of the gain resulting from such exchange shlall be elim: ’“"“"°“°°‘ Eur · ‘“ “°"°“"‘“°° “"“p pppppppp¤¤¤ <==> and no of as Sasa npc 1;.111 no such case shall the taxable gain exceed the gmgunt Oi in Bx pd the fair market value of such other property receivéd Approved; March 4. 1923. mmm rm. " [8.423.] CHAP. 295.——An Act Authori ' sxei and ~ “¤8‘h*pAp¤>r¤·;yG ralofth U· p p sasl msszpssszzasaapsazppmppnmaiiipp p¤pp?ppm¤i°ip§?p°i$ . Be it enacted b i Unitedstatueumu, · 3/ the Sendté and Hou.; R · ·¤%Alm’ies or Him:    of A,7h,€?'zga in Ogyggrgsa   of  ¤¤=•<1brA=¤<¤¤¤y cm. of the United States ammcys and U hd , at the sa aries -;%..31m m iztzrsllcjudicial snare of rr. c..ad”’st.£Z‘Z*§i¤“§B”i‘§Z“af8r ii? yGeneralbeg1nningJu11 Y G $3,000 D0,. mom than $7 500 Y, 1923, at rates not less than not less than $3,000 nor inoreP1?llsi1u;6u,]:l10(for momeysfmd at mms per annum or marshals,