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FE D ER A L REGISTER, Wednesday , June 7, 1939

TITLE 47TELECOMMUNICATION
FEDERAL SAVINGS AND LOAN
INSURANCE CORPORATION
bank as a holding company, shall be ex FEDERAL COMMUNICATIONS
empt from any obligations, duties, qr Amendment to R ules and R egulations COMMISSION
liabilities imposed upon such bank as an for I nsurance of A ccounts Chapter XVIIR ules G overning the affiliate by Section 9 a 2 1 with re
duties, or liabilities imposed upon such
spect to
providing that if an insured institution
OPERATES BRANCH OFFICES ALL BRANCH

a Any acquisition by such bank of OFFICE ADVERTISING SHALL STATE THE LO
securities described in paragraph b of CATION OF THE INSTITUTIONS PRINCIPAL
Rule U-3A3-1 Sec. 15.U-3A3-1, re OFFICE
gardless of whether such bank is or Be it resolved, That paragraph e of thereby becomes, directly or indirectly, the beneficial owner of 5% or more of Section 301.7 of the Rules and Regula the outstanding voting securities of the tions for Insurance of Accounts is hereby amended, effective June 6, 1939, by add issuer;
b Any acquisition of a security ing a new sentence at the end thereof to read as follows;
other than a voting security; or c Any acquisition of a voting secu When an insured institution is operat rity by such bank if such bank is not ing a branch office or offices, all adver or does not thereby become, directly or tising of, or by, any such branch office, indirectly, the beneficial owner of 5% shall state clearly the location of the or more of the outstanding voting se principal office of such insured institu curities of the issuer of such security. tion. Sec. 403 b of NHA, 48 Stat.
Effective upon publication.1
1257, Sec. 23, 49 Stat. 298; 12 U.S.C. and By the Commission.
Sup. 1726
seal F rancis P. B rassor, Be it further resolved, That this Secretary.
amendment is deemed to be of a minor F. R. Doc. 39-1941; Filed, June 5, 1939; character within the provisions of para graph c of Section 201.22 of the Rules 4:09 p.m .
and Regulations for Insurance of Ac counts.
Adopted by the Board of Trustees of the Federal Savings and Loan Insurance TITLE 24HOUSING CREDIT
Corporation on June 5,1939.
FEDERAL HOME LOAN BANK BOARD
seal R. L. N agle, Secretary.
Amendment to R ules and R egulations for the F ederal S avings and L oan System
PROVIDING FOR APPRAISALS UPON LOANS BE
YOND 50 MILES FROM THE HOME OFFICE
OF A FEDERAL SAVINGS AND LOAN ASSOCIA
TION

Be it resolved, That, no hearing having been requested in accordance with the provisions of paragraph d of Section 201.2 of the Rules and Regulations for the Federal Savings and Loan System after opportunity therefor had been al lowed in accordance with paragraph b thereof, subparagraph 1 of paragraph c of Section 203.12 of the Rules and Regulations for the Federal Savings and Loan System is hereby amepded, effective June 6, 1939, to read as follows:
1 The real estate security for any such loan shall be appraised as directed by the charters; and the compensation of the appraisers shall not be affected by the granting or declining of the loan. Sec.
5 a, c of HOLA of 1933, 48 Stat. 132, Sec. 18, 49 Stat. 297; 12 U.S.C. 1464 a , c and Sup.

T able
Part 220
221
222
223
224
225
226
227
228
229

of
C ontents
Application; Effective Date.
Definitions.
In General.
Rules, Tariffs and Supplements.
Special Rules, Book and Pamphlet Tariffs and Supplements.
Special Rules, Loose-leaf Tariffs.
Special Rules, Joint Charges, Concur rences.
Special Permissions.
Adoption of Tariffs and other Docu ments of Predecessor Carriers.
Suspensions.
PART 220---APPLICATION

Sec.
220.01

Application; Effective date.

220.01 Application; Effective date.
Every tariff, supplement, revised page, additional page, instrument of concur rence, notice of revocation, adoption no tice and any other schedule of charges or regulations, which is filed with the Commission on and after the first day of September, 1939, pursuant to Section 203 of the Communications Act of 1934, as amended, shall conform to the rules published herein.t
F. R. Doc. 39-1954; Filed, June 6, 1939;
11:31 a. m.
Sec.
221.01
221.02
A mendment to R ules and R egulations 221.03
221.04
for I nsurance of A ccounts 221.05
PROVIDING FOR APPRAISALS UPON LOANS BE 221.06
221.07
YOND 50 MILES FROM THE PRINCIPAL 221.08
221.09
OFFICE OF AN INSURED INSTITUTION
221.10

Be it resolved, That, no hearing hav ing been requested in accordance with the provisions of paragraph d of Sec tion 301.22 of the Rules and Regulations for Insurance of Accounts after oppor tunity therefor had been allowed in ac cordance with paragraph b thereof, subparagraph 2 of paragraph d of Section 301.11 of the Rules and Regula tions for Insurance of Accounts is hereby amended, effective June 6, 1939, to read as follows:
2 It must be appraised by at least two qualified persons and the compensa tion of such persons shall not be affected in any way by the granting or declining of the loan. Sec. 403 b of NHA, 48
Stat. 1257, Sec. 23, 49 Stat. 298; 12 U.S.C.
Adopted by the Federal Home Loan 1726 and Sup.
Bank Board on June 5, 1939.
Adopted by the Board of Trustees of seal R. l . N agle, the Federal Savings and Loan Insurance Secretary.
Corporation on June 5, 1939.
seal R. L. N agle, F. R. Doc. 39-1953; Filed, June 6, 1939;
Secretary.
11:31 a. m.
1June 5. 1939.

Construction , F iling and P osting of S chedules of C harges for I nterstate and F oreign C ommunication S ervice
PART 221 DEFINITIONS
Act.
Charges.
Commission.
Concurring carrier.
Connecting carrier.
Issuing carrier.
Posted.
Regulations.
Submarine cable.
Tariff publication.

221.01 Act. The term act, when ever used herein, means the Communi cations Act of 1934, as amended.!
221.02 C h a r g e s . T h e t e r m charges, whenever used herein, shall be construed to include rates.!
221.03 C o m m i s s i o n . The term Commission, whenever used herein, means the Federal Communications Commission.!
221.04 Concurring c a r r i e r . The term concurring carrier, whenever used herein, means a carrier other than a connecting carrier subject to the Act which concurs in and assents to schedules of charges and regulations filed on its behalf by an issuing carrier or carriers.!
221.05 Connecting c a r r i e r . The term connecting carrier, whenever used herein, means a carrier described in clause 2 of section 2 b of the Act.!

Promulgated under the authority con tained in Sec. 203 a, 48 Stat. 1070; 47
.S.C. 203 a.
F. R. Doc. 39-1955; Filed, June 6, 1939;
tAdopted by the FCC on May 31, 1939, to 11:3L a. m.
become effective Sept. 1, 1939.