Page:United States Statutes at Large Volume 45 Part 1.djvu/1609

 1558 SEVENTIETH CONGRESS. SESS. II. Cns. 699, 700 . 1929 . March 4, 1929 . [II. R. 12106.] [Public, No. 1027 .] CHAP. 699.-An Act To erect a national monument at Cowpens battle gro un d. Be it enacted by the Senate and House o f Representatives o f the S . Battle of Cowpens, United States o f America in Congress assembled, That in order to Acquiring la nd an- preserve that part of the Cowpens battle grounds near Ezell, tborized, for erecting monument to corn- Cher okee C ounty, Sout h Caro lina, where Gener al Dan iel Mo rgan, mem°r at°' comm anding, part icipa ted in the B attle of Co wpens on the 17th day of January, 1781, ° the Secretary of War be, and he is hereby, authorized and directed to acquire, by gift, not more than one acre of land on w hich he shall erect or cau se to be erect ed a suitable monume nt to commem orate said battle. Sum authorized for SEC. 2. To enable the Secretary of War to carry out the provisions of this Act, to accept a deed for the necessary lands, to make necessary surveys, maps, markers, pointers, or signs marking boundaries, for opening, constructing, or repairing necessary roads and streets and construct ing markers a nd a suitable monument, for salaries for labor and services, for traveling expenses, supplies, and materials, the sum of $25,000, or so much thereof as may be necessary, is hereby authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, to remain available until .expended, and the disbursements under this Act shall be reported by the Secretary of War to Congress. Approved, March 4, 1929. expenses. Available until pended . ex- March 4, 1929. CHAP. 700 .-An Act To amend the second paragraph of section 4 of the [II. R. 13936.1 [Public, Farm Loan Act, as amended. , No.1028 Be it enacted by the Senate and House of Representatives of the Unite d Sta tes o f Am erica in C ongre ss as sembl ed, That the second paragraph of section 4 of the Federal Farm Loan Act (U . S . C ., title 12, sec . 672), as amended, is amended to read as follows : "The Federal Farm Loan Board shall establish in each Federal land bank dist rict a Federa l land bank, with its princ ipal office located in such city within the district as said board shall designate . Each Federal l and bank shal l include in its title the name of the city in which it is located . Subject to the approval of the Federal Farm L oan Bo ard, a ny Fe deral land b ank ma y est ablish branc hes within the land bank district . Subject to the approval of the Federal Farm Loan Board and under such conditions as it may prescribe, the provisions of this Act are extended to the island of Porto Rico and the Territory of Alaska ; and the Federal Farm Loan Board shall designate a Federal land bank which is hereby authorized to estab- lish a branch bank in Porto Rico and a F ederal land ba nk which is hereby authorized to establish a branch bank in the Territory of Alaska. Loans made by each such branch bank shall not exceed the sum of $25,000 to any one borrower and shall be subject to the restrictions and provisions of this Act (U . S. C., title 12, ch . 7), except that each such branch bank may loan direct to borrowers, and, subject to such regulations as the Federal Farm Loan Board may prescribe, the rate charged borrowers may be 11 /2 per centum in excess of the rate borne by the last preceding issue of farm-loan bonds of the Federal land bank with which such branch bank is con- nect ed : Provi ded, That no loan shall be made in Porto Rico or Alaska by such branch bank for a longer term than twenty years." Approved, March 4, 1929 . Federal land banks. Vol . 42, p. 1474, amended . U.S.Code, p.300. Establishment of, in each land bank district . Bra nches author ized . Extension of branch- es to Porto Rico and Ala ska . Lo ans allowed by such branch banks not exceeding $25,000 . U.S . Code, p. 302. Interest rate . Proviso . Term limit of loans in Po rto Rico,or A laska.

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