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FEDERAL

REGISTER

VOLUME 4

1934

AfJTEO

NUMBER 161

Washington, Tuesday, August 22, 1939
Rules, Regulations, Orders
Clearing and Collection, be amended to read as follows:
210.1 Statutory provisions. Section TITLE 9ANIMALS AND ANIMAL
16
of the Federal Reserve Act authorizes PRODUCTS
the Board of Governors of the Federal Reserve System to require each Federal AGRICULTURAL MARKETING
Reserve bank to exercise the functions of SERVICE
a clearing house for its member banks, N o t ic e U n d e r P a c k e r s and S t o c k y a r d s and section 13 of the Federal Reserve Act, A ct 1
as amended by the Act approved June 21, A u g u s t 17, 1939.
1917, authorizes each Federal Reserve To J e s s K u y k e n d a l l , C o n w a y K u y k e n bank to receive from any nonmember d a ll , and J a c k F u n d e r b u r g , partners,. bank or trust company, solely for the Doing Business as Panhandle Auc purposes of exchange or of collection, tion & Commission Co., Amarillo, deposits of current funds in lawful money, national-bank notes, Federal Re Tex.
serve notes, checks and drafts payable Notice is hereby given that after in upon presentation, or maturing notes and quiry, as provided by Section 302 b bills, provided such nonmember bank or of the Packers and Stockyards Act, 1921 trust company maintains with its Fed 7 U.S.C. Sec. 202 b , it has been as eral Reserve bank a balance sufficient to certained by me that the stockyard offset the items in transit held for its known as the Panhandle Auction & account by the Federal Reserve bank. t Commission Co. at Amarillo, State of 210.2 General requirements. In Texas, is subject to the provisions of pursuance of the authority vested in it said Act.
The attention of stockyard owners, under these provisions of law, the Board market agencies, dealers, and other per of Governors of the Federal Reserve sons concerned is directed to Sections System, desiring to afford both to the 303 and 306 7 UJS.C. Secs. 203 and 207 public and to the various banks of the and other pertinent provisions of said country a direct, expeditious, and eco Act and the rules and regulations issued nomical system of check collection and thereunder by the Secretary of Agricul settlement of balances, has arranged to have each Federal Reserve bank exer ture.
cise the functions of a clearing house s e a l
M. L. W i l s o n , and collect checks for such of its mem Acting Secretary of Agriculture.
ber banks as desire to avail themselves P. R . Doc. 39-3081; P ile d , A u g u s t 21, 1939; of its privileges and for such nonmem 11:36 a. m .
ber State banks and trust companies as may maintain with the Federal Reserve bank balances sufficient to qualify them under the provisions of section 13 to TITLE 12BANKS AND BANKING
send items to Federal Reserve banks for BOARD OP GOVERNORS OP THE purposes of exchange or of collection.
FEDERAL RESERVE SYSTEM
Such nonmember State banks and trust companies will hereinafter be referred C h e c k C l e a r in g and C o l l e c t io n to as nonmember clearing banks.
On July 31, 1939, the Board of Gov ernors of the Federal Reserve System Secs. 210.1 to 210.6, In clu siv e, iss u e d u n
d e r t h e a u t h o r i ty c o n ta in e d in S ec. 11 i , adopted the following resolution;
38 S ta t. 262; Sec. 4, 40 S ta t. 234; Sec. 16, 38
Resolved, That effective September 1, S ta t. 265; 12 U.S.C. 248 i ; 342; 360; 248 o .
t i n Secs. 210.1 t o 210.6, in c lu siv e , t h e n u m
1939, Regulation J 12 CFR 2101, Check 204JIO

sto c k y a rd s
9 CFR

b e rs to t h e r i g h t o f t h e d e c im a l p o in t c o r r e s p o n d w ith t h e re sp e c tiv e s e c tio n n u m b e r s in R egulation J, B d. G ovs. F R S , a s a m e n d e d effe ctiv e S e p te m b e r 1, 1939.

CONTENTS
RULÉS, REGULATIONS, ORDERS
T itle 9Animals P roducts:

and
Animal P ag e
Agricultural Marketing Service :
Panhandle Auction & Com mission Co., notice under Packers and Stockyards A ct__________________ 3677
T itle 12B anks
and
B anking :

Board of Governors of the Fed eral Reserve System:
Check clearing and collection.

3677

T itle 25I ndians :

Office of Indian Affairs;
Five Civilized Tribes, Okla., leasing of restricted lands for mining____________

3679

T itle 29L abor:

Wage and Hour Division:
Hosiery industry, m i n i m u m wage rates__ ___________
T itle 31M oney T reasury:

and
Accounts and Deposits:
Corporations acceptable as sureties on Federal bonds.
T itle 36P arks
and
3680

F inance :

3680

F orests :

National Park Service:
Lassen Volcanic National Park, subsidiary regula tions amended_________ 3681
T itle 43P ublic L ands:

General Land Office:
Boulder Townsite, Utah, sale of town lots___________ 3682
Wyoming, s t o c k driveway withdrawals enlarged___ 3682
NOTICES
Civil Aeronautics Authority:
Notice of hearings:
Ackerman Air Service______ 3685
American Airlines, Inc., et al consolidation of hear ings --------..------------------- 3686
American Export Airlines, Inc. postponement___ 3686
Christensen, Hakorn_______ 3685
Cordova Air Service, Inc____ 3685
Ferguson Airways, Inc______ 3685
Gilliam, Harold____________ 3685
Marine Airways___________ 3686
C o n tin u e d o n n e x t p ag e
3677