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Washington, Saturday, June 20, 1926
DEPARTMENT OF LABOR.
Immigration and Naturalization Service.
F ourth Amendment
to
G eneral O rder N o . 228

Designating Chief M ountain, Montana, as port of entry for aliens.
J u n e 13, 1936.
By virtue of and pursuant to the authority vested in me by Section 23 of the Immigration Act of 1917 Act of February 5, 1917, 39 Stat. 892; U. S. C., Ti. 8, Sec. 102, and Executive Order No. 6166, dated June 10, 1933, I, Daniel W. MacCormack, Commissioner of Immigration and Naturalization, with the approval of the Secretary of Labor, do hereby prescribe that Paragraph 1, Subdivision A, Rule 3, of the Immigration Rules of January l, 1930, as amended by General Order No.
228, dated December 21, 1935, be amended by adding Chief Mountain, M ontana, to the list of ports of entry for aliens in District No. 15, headquarters Spokane, W ashington, for the period June 20 to October 15, 1936, inclusive.
seal D. W. M acC ormack, Commissioner.
Approved:
F rances P erkins , Secretary.

S u b je c t :

F. R. Doc. 945Filed, June 19, 1936; 11:11 a. nul
FEDERAL HOME LOAN BANK BOARD.
Federal Savings and Loan Insurance Corporation.
B onds
for
O fficers , D irectors, and E mployees
Be it resolved, That pursuant to the authority vested in the Board of Trustees by Sections 402 a and 403 b of the Na tional Housing Act 48 Stat. 1246, 1256, 1257 as amended, Section 15 a of the Rules and Regulations for Insurance of Accounts is hereby repealed and the following new Section 15 a is hereby substituted in lieu thereof:
An applicant prior to receiving its certificate of insurance shall procure a fidelity bond covering each officer, director, or employee who has control over or access to cash or securities of such institution in the regular discharge of his duties. In lieu of individual bonds for each such officer, director, or employee, the applicant may procure a blanket bond covering all persons having control over or access to its cash and securities. Each such bond shall be executed by a responsible surety company or organization acceptable to the Board in amounts as follows: 1 for associations with assets up to $1,250,000, $2,500 or 2 per cent of the assets of the association, whichever is greater; 2 for associations with assets from $1,250,000 to $2,500,000, $25,000; 3 for associations with assets over $2,500,000 and not over $5,000,000, 1 per cent of the assets of the associa tion; 4 for associations w ith assets over $5,000,000 and not over $10,000,000, $50,000; 5 for associations w ith
assets over $10,000,000 mid not over $20,000,000, % of 1 per cent of the assets of the association; 6 for associations with assets equal to or in excess of $20,000,000, $100,000;
provided, however, that where individual bonds are fur nished, the Board may, in the case of employees other than officers or directors, upon application which shall set forth the character of the duties and responsibilities of such employees, modify the requirements of the foregoing sched ule with respect thereto. Such bond shall be approved by the board of directors of the applicant.
sea l R. L . N a g l e , Secretary.
F. R. Doc. 942Piled, June 19, 1936; 11:02 a. m.J

R eserves
Be it resolved, That pursuant to the authority vested in the Board of Trustees by Sections 402 a and 403 b of the National Housing Act 48 Stat. 1246, 1256, 1257 as amended, Section 11 e of the Rules and Regulations for Insurance of Accounts is hereby repealed, and the following new Section 11 e is hereby substituted in lieu thereof:
If at any tim e before the Federal insurance reserve ac count equals 5 per cent of all insured accounts, losses are charged to such reserve account the insured institu tion shall not declare any dividends until such reserve account equals a sum aggregating the credits of threetenths of 1 per cent of its insured accounts hereinabove required to be annually credited to such reserve account.
If at any tim e after the Federal insurance reserve account equals or exceeds 5 per cent of all insured accounts, losses are charged to such reserve account so that such reserve account is reduced below 5 per cent of all insured ac counts, the insured institution shall credit an amount sufficient to restore such reserve account to 5 per cent of all insured accounts before any dividend can be paid on the shares of the insured institution; provided, however, that if such reserve account shall have been brought up to 5 per cent of all insured accounts by credits thereto in excess of the amounts hereinabove required to be an nually credited to such account, then it shall only be necessary before dividends may be declared or paid by the insured institution, to restore such reserve account to an amount which shall equal a sum aggregating the credits of three-tenths of 1 per cent of its insured accounts here inabove required to be annually credited to such reserve account, and thereafter such annual credits shall be re sumed until the net credits again equal 5 per cent of all insured accounts. Even though losses may have been charged to the Insurance Reserve.Account, dividends may be declared and paid in any year if the declaration of such dividends is approved by the Corporation.
seal R. L. N agle, Secretary.
F. R .D oc. 943Filed, June 19, 1936; 11:02 a. m.J

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