Federal Register - May 19, 1936
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Source: Federal Register
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UTTEBA
A
SCAIPTA
FEDERAL
VOLUME I
REGISTER
&
934
NUMBER 47
Washington, Tuesday, M ay 19, 1936
DEPARTMENT OF AGRICULTURE.
Bureau of Animal Industry.
A m e n d m e n t 6 t o B. A. I. O rder 350 R e g u l a t io n s G o v e r n in g the
R e c o g n it io n o f B reeds a n d P urebred A n im a l s
AMENDING REGULATION 2, SECTION 3, PARAGRAPH 1, RECOGNIZING
BREEDS AND BOOKS OF RECORD ACROSS THE SEAS
Effective on and after May 15, 1936
Regulation 2, Section 3, Paragraph 1, of the regulations governing the recognition of breeds and purebred animals, effective under date of July 1, 1935, and identified as B. A. I.
Order 350, is hereby amended so as to include and recognize for the purposes enumerated thereunder the following breeds and book of record:
D ogs Name of breed: Various recognized breeds.
Book of record: Livre des Origines Franais.
By whom published: Société Centrale Canine pour l Ameliora tion des Races de Chiens en France, Mr. P. Bert, Secretary, 38, Rue des Mathurins, Paris, 8, France.
Done at Washington this 15th day of May, 1936.
Witness my hand and the seal of the Department o f Agri culture.
seal R . G. T u g w e l l , Acting Secretary of Agriculture.
Filed, May 15, 1936; 1:35 p. m .
Sec. 10. Investment of Trust Funds.
o Private trusts.
b Court trusts.
c Collective investments of trust funds.
Sec. 11. Purchase or Sale or Trust Assets to or from Trustee Bank or Its Directors, Officers, or Employees.
a Obligations o f trustee bank or its directors, officers, etc.
b Sale or transfer of trust assets to trustee bank or its directors, officers, etc.
c Dealings between trust accounts.
Sec. 12. Custody of Trust Securities and Investments.
Sec. 13. Deposit of Securities with State Authorities.
Sec. 14. Compensation of Bank.
a In general.
b Officer or employee of bank as co-fiduciary.
Sec. 15. Insolvency or Voluntary Liquidation o f Bank.
a Insolvency.
b Voluntary liquidation.
Sec. 16. Surrender of Trust Powers.
a Procedure.
b W ords Trust Company as part of banks title.
c Examination of trust department.
d Certificate of Board of Governors of the Federal Reserve System.
Sec. 17. Board Forms.
AUTHORITY FOR REGULATION
This regulation is issued under authority of the provisions of section 11 k of the Federal Reserve Act, as amended, which, together with related provisions o f law, are published in the Appendix hereto.
SECTION 1. APPLICATIONS
BOARD OF GOVERNORS OF THE FEDERAL RESERVE
SYSTEM.
T r u s t P o w e r s o f N a t io n a l B a n k s REGULATION F 1
Superseding Regulation F, Series of 1930. This Regulation as printed herewith is in the form as revised effective June 1, 1936
Co n t e n t s Authority for Regulation.
Sec. 1. Applications.
Sec. 2. Consideration of Applications.
Sec. 3. Consolidation of Tw o or More National Banks.
Sec. 4. Consolidation o f State Bank with National Bank.
Sec. 5. Change of Name.
Sec. 6. Trust Department and Management.
a Separate trust department.
b Directors supervision of trust department.
c Trust investment committee.
d Executive officer.
e Competent legal counsel.
/ Principles of trust institutions.
Sec. 7. Books and Accounts.
a In general.
b Record of pending litigation, bee. 8. Examinations of Trust Department.
Sec. 9. Trust Funds Awaiting Investment or Distribution.
a In general.
b Use in conduct of business of trustee bank.
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inquiry relating to this regulation should be addressed t Federal Reserve bank of the district in which the inquiry arise:
A national bank desiring to exercise any or all of the powers authorized by section 11 k of the Federal Reserve Act, as amended, shall make application to the Board of Governors o f the Federal Reserve System fo r a special permit authorizingsuch national bank to exercise such powers. I f the apply ing bank is not authorized to exercise any of such powers, the application should be made on Form 61; and if the applying bank is authorized to exercise one or more but not all of such powers, the application should be made on Form 61b.
In the case of the organization of a new national bank, the conversion of a State bank or trust company into a national bank, or the consolidation of two or more national banks or of a State bank or trust company with a national bank under the charter of the latter, when none of the national hanks in volved in such consolidations is authorized to exercise trust powers, application fo r such a permit may be made in advance on behalf of the new, converted, or consolidated national bank, and the permit may be issued simultaneously with the consummation of such organization, conversion, or consoli dation. Such application may be made by the organizers in the case of a new national bank, by the State bank or trust company in the case of a conversion, and by the national bank the charter of which is to be retained in the case of a con solidation.
aN o t printed herein.
248 k .
See U . S. C. and Supp. I, Title 12, sec.
483