Page:United States Statutes at Large Volume 47 Part 1.djvu/1591

 72d CONGRESS. SESS. II, CH. 274 . MARCH 4, 1933 . 1567 one for another for all contract s, debts, and eng agements of such savings bank, savings company or incurred subsequent to the date of the enactment of this Act to the extent of the amount of their stock therein at the par value thereof, in addition to the amount invested in such shares. The Clause construed. words "entered into or incurred " as used in this section, shall be held to include any extension or renewal of any contracts, debt, and engagement renewed or extended after the enactment of this Act. Application of exist- (c) The provisions of section 5205 of the Revised Statutes of the inglaws, United States as amended (U. S. C., title 12, ch. 2, sec. 55) ; sections R. S, see . 52 05, p. 5234, 5 235, and 5236 of the Rev ised Sta tutes of the Uni ted Stat es low . S. C., p . 262. as amended (U. S. C, title 12, ch. 2 sees. 192, 193, and 194) ; the Act R S. secs . 5234 52 36, of March 29, 1886 (ch.28,see.12,and3; 24 Stat_ 8; U. S. C., title p u01s' c. p 271. s 2, > r s Vol.24,p.8. 12, ch. 2, sees. 198, 199, and 200) ; the Act of Feb ruary 25, 1930 u. S. C.,p. 273. (ch . 58, 46 Stat. 74 ; U. S. C.,title 12, ch.2,sec. 67); the Act of a•'s4 Cp Supp. VI, June 30, 1876 (ch.156,sees.1,2,and3;19 Stat.63; U.S. C.,title12, p'voi. 19, p.63. ch . 2, sees. 191, 65, and 197) ; and section 5210 of the Revised Statutes u. s. C., pp. 263, 271, of the United States (U. S. C., title 12, ch . 2, see. 62) are extended to 27 R . S., see . 5210. p. apply to any bank, savings bank, or trust company organized, here- 100, .'. Exception. p. 262. a apply org anize d, or doing a ba nking busin ess in the District of Exception. Columbia and to the shareholders of such institutions, except as limited by the provisions of paragraph (b) of this section : Provided, Supervision. however, That the provisions of section 713 of the Act of March 3, Vol.31,p. 1302 Vol. 1901, entitled "An Act to esta blish a code of law for the Dist rict of 32, p .534;Vol.34,p . 458. Colum bia " (D. C . Code, title 5, sec. 298), as amended, shall not be construed to be repealed by this Act but shall have application to the banks, savings banks, savings companies, other than building associations, and trust companies embraced within this Act. S uits against national (d) That portion of section 24 of the Judicial Code, as amended, banks applying to suit s agains t nation al-banki ng associ ations ( U .S.C., Vol.sapp licable . caable . title 28, ch. 2, sec. 41, par. 16) shall be extended and shall apply to u. s. c., p. 807. all actions arising under the provisions of this Act. „ Vol. 31, p. 13as, SEC. 5. Section 747 of the Act of March 3, 1901, entitled An Act a men ded . to establish a code of law for the District of Columbia " (D. C. Code, title 5, sec . 374), as amended, is amended to read as follows " SEC. 747 . No corporation or company organized by virtue of the do~dar ionste ra g a laws of any of the States of this Union shall carry on in the Dis- compilancewith pro . trict of Columbia any of the kinds of business named in this sub- vistonsgoverning" chapter without strict compliance in all particulars with the pro- visions of this subchapter for the government of such corporations formed under it, and each one of the officers of the corporation or 1 5 Pu nishment for vio - company so offen ding shall be pu nished by a fine not exceeding $1 ,000 or imprisonment not exceeding one year, or by both fine and im- prisonment, in the discretion of the court ." Un authoriz ed use of S E e. 6 . No corpora tion, as sociatio n, partne rship, o r indivi dual designated words. shall carry : on any busines s in the Distric t of Colu mbia und er any na me or title containing the word "bank " or the words " trust company " unless (1) the business is being carried on under the name or title at the time of the approval of this Act, or (2) the busi- ness is carried on under the supervision of the Comptroller' of the Currency and the name or title is approved by the Comptroller of the Currency. Any individual who, or corporation, association, Penalty for violation. or partnership w hich, violates a ny of the provis ions of this sect ion, and any officer of any such corporation or association and any officer or membe r of any such pa rtnershi p, who a ssents to any suc h viola- tion, shall, upon conviction thereof, be fined not more than $5,000. SEC. 7. Any person who maliciously makes or repeats to, or in the False statements against finan cial in sti- hearing of, or u nder suc h circum stances that it b ecomes k nown to, loti ons. I
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