Page:United States Statutes at Large Volume 42 Part 1.djvu/882

 854. SIXTY·SEVEN TH CONGRESS. Sess. II. Ch. 346. 1922. wAm§E¤¤¤¤¤¤ ¤*d*¤°¤°* (b) In the case of failure to comply with any subpoena or in the ` case of the contumacy of an witness before the registrar, or_ any individual so authorized by him, the registrar or such indrvrdual may invoke the aid of any federal district court. Such court may thereupon order the witness to comply with the requirements of suc subpoena and to give evidence touchmgthe matter in questron. Any failure to obeiy such order may be punished by such court as a con- A¤¤¤ ·¢¤¤¤*¥¤¤=· c o rson s excus rom so a en an es ying mlllgtlihcrco i hall be ed f tt ding d t tif ` °°°"°°°i%”y` or de P6 nor from so roducing any book, paper, document, or Poslngv P . . other evidence on the ground that the testrmong or evidence, documentary or otherwise, required of him may ten to incrrmmate hrm l’°”"**“m”’“¤**Y· or subject him to a penalty or forfeiture; but no natural person shall be prosecuted or subjected to any penalty of forfeiture for or on account of any transaction, matter, or thing as to_which, m obedience 1’¤¤i¤=ry¤¤¤r>¤¤· to a subpoena and under oath, he may so testify, except that no person shall be exempt from prosecution and punishment or perjury committed in so test. ‘b°`{m{; (d) For the eflicie tration of the functions vwted in the cw. registrar bythrs Act, he, or any officer, employee, or agent of the United States authorized m wrrting by him, shall at all reasonable times for the urpose of examination have access to and the right to copy any  account, record, paper, or correspondence re ating P°¤’*l*>"°"°‘“·"°l· to the business or affairs of a Chma Trade Act corporation. Any person who upon demand refuses the registrar or any _ uly authorized officer, employee, or agent such access or opportrmrty  copy, or hinders, obstructs, or resists him rn the exercise of such rrlght, shall Rm be liable to a penalty of not more_than _$§,00Q for each suc offense. “"‘ Sppg pIe§naltyi sélrall be recoverable in a civil suit brought m the name 0 e United States. ‘"“°'“‘ Sec. 16. In case of the voluntary dissolution of a China Trade Act t corporation or revocation of its certificate of incorporation, the A, mm Lfoub directors of the corporation shall be trustees for the creditors and mii%°¤¤mr¤-cmua stockholders of the corporation; except that upon application to the United States Court for China by any interested party, or u on the motion of any court of com tent `urisdietion in an roceeriing . . P6 . I . . Y P pending before rt, the court may m its discretion appomt as the trustees such persons, other than the directors, as it may determine. ,.;{’””*°°°"°"“"' The trustees are invested with the powers, and shall do all acts, necessaryhto wind up the affairs of the corporation and divide among the stoc olders according to their respective mterests the property of the corporation remaining after all obligations against it have been settled. or the purposes of this section the trustees may sue and be sued in the name of the corporation and shall be jointly  severally hable to the stockholders and creditors of the corporation to the extent of the property coming into their hands as trustees. REGULATIONS. made.! ° °° b° Sec. 17. (a) The Secretary is authorized to make such regiulations as may be necessaq to carry into effect the frmctions veste in him Fawn M or in the registrar y this Act. ‘ (b) That the Secreta is authorized to prescribe and fix the amount of such fees (oiger than the inco oration fee) to be paid hun or the registrar for services rendered!-by the Secretary or the registrar to any person in the administration of the provisions of this Act. All fees and nalties paid under this Act shall be covered mto the Treasury ofm the United States as miscellaneous receipts.