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F E D E R A L R E G IS T E R , S e p te m b e r 17, 1937

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by a representative of the Bureau of Entomology and eral Home Loan Bank Act 12 U. S. C. 1437, paragraph Plant Quarantine that all parts of the shipment at the numbered 4 of subsection d of Section 17 of the Rules time of arrival registered a temperature of not more and Regulations for Federal Home Loan Banks is hereby than 20 F. and until it has been released by the said repealed, and paragraph numbered 3 of said subsection representative of the Bureau of Entomology and Plant is hereby amended to read as follows:
Quarantine.
5 I f the fruit in any part of a shipment imported or 3 Regulations. The board of directors of a Bank may, with the approval of the Board, declare dividends out of net earn hipped interstate under authority of this circular is ings or undivided profits to stockholders of record at the close found to be above 20 F. at the time of the inspection re of business on June 30 and/or December 31 and for no other quired in paragraph 4 of this circular, the entire ship dates upon the paid-in value of capital stock outstanding on such record date payable by check on a date to be specified ment shall remain on the transporting vessel under such in the resolution declaring said dividend, but in any event w ithin safeguards as may be prescribed by the representative of 31 days after said record date.
the Bureau of Entomology and Plant Quarantine until Dividends shall be declared at an annual rate of percent. On it attains the required temperature of 20 F. or below, or the paid-in value of each share of stock at the beginning of the is transported beyond the territorial waters of the United dividend period after deducting amounts of stock repurchased, States.
i. e. surrendered and cancelled, dividends shall be computed at the annual dividend rate if the dividend period is for an annual Since the temperature will be determined by thermome period and at one-half of the annual dividend rate if the dividend ters, provision should be made for easy access to the interior period is for a sem i-annual period. On payments made on of shipments so as to avoid unnecessary mutilation or de account of stock during the dividend period after deducting struction of containers. It is suggested therefore that cans, amounts of stock repurchased, dividends shall be computed at the annual dividend rate on an actual day basis for the time casks, or other types of packages of not more than 5-gallon invested. For dividend purposes, amounts of stock repurchased capacity be employed wherever possible.
within the period covered by a dividend shall be deducted from Applications should include information with respect to the latest previous payment or payments in inverse order on account of stock.
the process to be employed whether the fruit is to be frozen prior to or after placing in the containers and the Adopted by the Federal Home Loan Bank Board on Sep approximate length of time that it will be exposed to a tember 15, 1937.
temperature of 20 F. or below while in transit.
seal H. C a u l s e n , FROZEN FRUITS WHICH ARE NOT COVERED BY THIS CIRCULAR
Assistant Secretary.
This circular does not affect the status of those fruits F. R. Doc. 37-2766; Filed, September 15,1937; 3 :03 p. m
which may be imported or shipped interstate in the fresh state under the provisions of the rules and regulations sup plemental to notices of quarantines nos. 13, 56, and 58.
SECURITIES AND EXCHANGE COMMISSION.
When such fruits are offered for entry or interstate move ment in frozen condition they are subject only to the re United States of America Before the Securities strictions which apply to their entry or interstate move and Exchange Commission ment as fresh fruits.
At a regular session of the Securities and Exchange Com L ee A . S tr o ng , mission held at its office in the City of Washington, D. C
Chief, Bureau of Entomology on the 15th day of September, A. D. 1937.
and Plant Quarantine.
F. R. Doc. 37-2768; Filed, September 15,1937; 3:24 p. m.

File No. 52-1
I n t h e M a t t er o f G e n e s e e V a l l e y G as C o m p a n y , I n c .

FEDERAL HOME LOAN BANK BOARD.

Section 11 f of Public Utility Act of 1935

A m e n d m e n t t o R u l e s a n d R e g u l a t io n s f o r F ederal H o m e L oan B anks DEFINITION OF THE TERM PAID-IN VALUE

Be it resolved, that pursuant to authority vested in the Federal Home Loan Bank Board by Section 17 of the Federal Home Loan Bank Act 12 U. S. C. 1437, the Rules and Regulations for Federal Home Loan Banks are hereby amend ed by inserting at the end of Section 14, a new Section 14A, as follows:
. Sec . 14A. Regulations. Paid-in value of stock means the ag gregate par value of stock which is full paid, and the sum of payments on stock issued at par which is not fu ll paid, and, for stock issued at a premium above par, the sum of all payments thereon, less that proportion of the aggregate premium above par which has been paid thereon.

Adopted by the Federal Home Loan Bank Board on Sep tember 15, 1937.
seal
H . C aulsen,
Assistant Secretary.
F. R. Doc. 372767; Filed, September 15, 1937; 3:03 p. m.

A m e n d m e n t to R u l e s an d R e g u l a t io n s for F ederal H o m e L oan B anks DIVIDENDS ON BANK STOCK TO BE PAID TO STOCKHOLDERS OF
RECORD ON DIVIDEND DECLARATION DATE; COMPUTATION OF
DIVIDENDS

Be it resolved, that pursuant to authority vested in the Federal Home Loan Bank Board by Section 17 of the Fed
NOTICE OF AND ORDER FOR POSTPONEMENT OF HEARING

Genesee Valley Gas Company, Inc., a subsidiary of a registered holding company, having filed an application, and amendments thereto, pursuant to Section 11 f of the Public Utility Holding Company Act of 1935, for ap proval of its plan of reorganization in proceedings pending in the United States District Court for the Southern Dis trict of New York pursuant to Section 77B of the Federal Bankruptcy Act as amended;
A hearing on said amended application having been held on June 28, 1937; said hearing having been continued; an order having been issued reconvening said hearing on Sep tember 20, 1937;1 and it now appearing that said hearing should be postponed;
It is ordered that said hearing be postponed until October 4, 1937 at ten oclock in the forenoon of that day in Room 1102, Securities and Exchange Commission, 1778 Pennsyl vania Avenue, N. W., Washington, D. C.; and Notice of such hearing is hereby given to said party and to any interested State, State commission, State securities commission, municipality, and any other political subdivi sion of a State, and to any representative of interested con sumers or security holders, and any other person whose participation in such proceeding may be in the public inter est or for the protection of investors or consumers. It is requested that any person desiring to be heard or to be admitted as a party to such proceeding shall file a notice 12 F. R. 1163, 2101 D I .