Page:United States Statutes at Large Volume 45 Part 1.djvu/304

 SEVENTIETH CONGRESS. SEss . I. CHs. 164, 165 . 1928 . 253 CHAP. 164.-An Act To amend section 2455 of the Revised Statutes of the March 9, IM. United States, as amended, relating to isolated tracts of public land. [H. R . 6684 .] [Pu blic , No. 119 .] Be it enacted by the Senate and House of Representatives of the United States o f America in Congress assembled, That section 2455 RR. S., see. 2455, p. of the Revised Statutes of the United States (section 1171, title 43, 44 uas cde;p .1411. United States Code), as amended, be, and is hereby, amended to read as follows : "SEC . 2455 (section 1171, title 43, United States Code) . It shall sale at suction of is olate d tr acts not ex- be lawful for the Secretary of the Interior to order into market and Ceedi s a Palfsectionh sell at public auction, at the land office of the district in which the land is situated, for not less than $1 .25 an acre, any isolated or dis- connected tract or parcel of the public domain not exceeding three hundred and twenty acres which, in his judgment, it would be proper to expose for sale after at least thirty days' notice by the land office of the district in which such land may be situated : Provided, P, 0=803 . That any legal subdivisions of the public and, not exceeding one rough l nds rmay s be hundred and sixty acres, the greater part of which is mountainous or ownerto adjoining too rough for cultivation, may, in the discretion of the said Secre- tary, be ordered into the market and sold pursuant to this sec- tion upon the application of any person who owns land or holds a valid entry of lands adjoining such tract, regardless of the fact that such tract may not be isolated or disconnected within the mean- ing of this section : Provided further, That this section shall not re No valid rig hts de. defeat any valid right which has already attached under any pending en try or locati on ." App roved, March 9, 19 28 . CHAP. 165 .-An Act To amend section 8 of the Act entitled "An Act to [H arc1.i491.] supp lement existing laws against unlawful re straints and monopol ies, and for [Public, No. 120 .1 othe r purposes," approve d October 15, 1914, as amended . Be it e nacted by the Senate and Ho use of Repres entatives of t he Unite d Stat es of Ameri ca in Congre ss ass emble d, That the last An titru pAct, 1 914. proviso of the second paragraph of section 8 of the Act entitled 39, p .121 . U.S. "An Act to supplement existing laws against unlawful restraints Int erl ock ing pd recto. and monopolies, and for other purposes," found in title 15, chapter rates. 1, section 19, United States Code, approved October 15, 1914, as amended, is amended to read as follows "And provided further, That nothing Private bankers, offi- this Act shall prohibit f Tn t~ ears of member banks, any private banker from being an officer, director, or emp ogee ro of etc ., permitted to serve not more than two banks, banking associations, or trust companies, other of not more han two etc. or prohibit any officer, director, or employee of any bank, banking ed 01.41, p.626, amend- association, or trust company, or any class A director of a Federal reserve bank, from being an officer, director, or employee of not more than two other banks, banking associations, or trust companies, whether organized under the laws of the United States or any State, if in any such case there is in force a permit therefor issued Authority of Federal by the Federal Reserve Board ; and the Federal Reserve Board is Rese rve B oard, to issue authorized to issue such permit if in its judgment it is not incom- or revoke permits. patible with the public interest, and to revoke any such permit whenever it finds, after reasonable notice and opportunity to be heard, that the public interest requires its revocation ." Approv ed, Ma rch 9, 1928.

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