EXCEPT.

§ 1:1. 6:p. 1.
§ 2:1. 24:p. 1.

§ 2:1. 33:p. 3. 4:1. 17: p. 5. 4:1. 19:p. 5. § 7:1. 46: p. 8. $ 7:1. 9:p. 9. § 9:1. 51:p. 10. 13:1. 4:p. 15. § 13:1. 36:p. 15. § 15:1. 40:p. 16. § 16:1. 30:p. 18. § 18:1. 5:p. 21. § 18:1. 37:p. 21. 19:1. 39:p. 22. § 19:1. 11:p. 23. § 19:1. 16:p. 23. § 19:1. 33:p. 23. § 22:1. 14:p. 25. 22:1. 20:p. 25.

EXCESS.

§ 19:1. 13: p. 23. Except as thus provided, no member bank to

keep on deposit with any nonmember bank

a sum in, of 10 per centum of its own paid up capital and surplus.

§ 27:1. 40:p. 28. No bank to issue circulating notes in, of 125 per centum of its unimpaired capital and surplus.

EXERCISE.

See "In excess of."

§ 16:1. 53:p. 19. The Federal Reserve Board may, the functions of a clearing house for Federal reserve banks.

§ 16:1. 1:p. 20. Or may designate a Federal reserve bank to, such functions.

§ 16:1. 2:p. 20. May also require each Federal reserve bank to, the functions of a clearing house for its member banks.

EXERCISED.

§ 21:1. 34: p. 24. No bank shall be subject to any visitatorial powers other than such as are authorized by law, etc., or, or directed by Congress, etc.

EXCHANGE.

§ 14:1. 7:p. 16. Federal reserve banks may, Federal reserve notes for gold, gold coin, or gold certificates.

EXCHANGE (Continued).

§ 16:1. 33:p. 18. The Federal reserve agent to hold such gold,
etc., available exclusively for, for the out-
standing Federal reserve notes, etc.

§ 16:1. 45:p. 19. Nothing to be construed as prohibiting a mem-
ber bank from charging its actual expense
incurred in collecting and remitting funds,
or for, sold to its patrons.

§ 18:1. 9:p. 21. The Secretary of the Treasury may issue one-
year United States gold notes in, for United
States 2 per centum gold bonds, etc.

18:1. 14:p. 21. Said issue not to exceed one-half of the 2 per
centum bonds so tendered for, etc.

§ 18:1. 17:p. 21.
18:1. 21:p. 21.

At the time of such, the bank obtaining such
gold notes to enter into obligation to purchase
at maturity of such notes an amount equal
to those delivered in, for such bonds, etc.

18:1. 25:p. 21. And at each maturity thereof to purchase an
amount of one-year notes, etc., not to exceed
the amount issued to such bank in the first
instance in, for the 2 per centum gold bonds.

§ 18:1. 29:p. 21. The Secretary of the Treasury may issue
United States Treasury notes for the purpose
of making the, herein provided for.

§ 18:1. 47:p. 21. The Secretary of the Treasury, on application
of any Federal reserve bank, approved by the
Federal Reserve Board, may issue at par
United States 3 per centum gold bonds in,
for the one-year gold notes.

EXCHANGE, BILLS OF. See "Bills of exchange."

EXCHANGE, DOMESTIC OR FOREIGN BILLS OF. See "Domestic
or foreign bills of exchange."

EXCHANGE PURPOSES.

§ 16:1. 36:p. 14. Any Federal reserve bank, solely for, may

receive from other Federal reserve banks
deposits of current funds in lawful money,
national bank notes, or checks and drafts
upoh solvent member or other Federal re-
serve banks, payable upon presentation.

§ 14:1. 29: p. 16. Federal reserve banks may establish accounts
with other Federal reserve banks for, etc.

EXCHANGED.

§ 16:1. 52:p. 17. Federal reserve notes received by the Treasury
otherwise than for redemption may be, for
gold out of the redemption fund, etc.

EXCLUDING.

§ 2:1. 21:p. 1. The Organization Committee to divide the con-
tinental United States, Alaska, into districts.

EXCLUSIVE PURPOSE.

§ 16:1. 38:p. 18. The Federal Reserve Board may require the
Federal reserve agent to transmit so much
of said gold to the Treasury as may be re-
quired for the, of redemption of such Federal
reserve notes.

EXCLUSIVELY.

§ 16:1. 33:p. 18.

EXECUTE.

4:1. 20:p. 4.

§ 8:1. 29:p. 9.

EXECUTED.

The Federal reserve agent to hold such gold,
etc., available, for exchange for the outstand-
ing Federal reserve notes, etc.

The Organization Committee to designate any
five banks to, a certificate of organization.
Majority of directors to have power to, all
other papers, etc.

§ 5:1. 12:p. 8. Directors shall cause to be, a certificate show-
ing increase in capital stock of the Federal
reserve bank caused by the increase of the
capital stock or by the increase in number
of member banks.

§ 6:1. 37:p. 8. Directors shall cause to be, a certificate of
reduction in capital stock whenever the stock
of a Federal reserve bank is reduced on ac-
count of a reduction of the capital stock or
the liquidation or insolvency of a member
bank.

§ 8:1. 23:p. 9. The Organization certificate of a converted
State bank, etc., may be, by a majority of
the directors.

EXECUTING.

§ 4:1. 12:p. 4.

§ 4:1. 27:p.

4.

A resolution to be adopted by the directors of
each bank, the application blank.

The organization certificate to state the name
and place of doing business of each bank,
such certificate.

§ 4:1. 30:p. 4. The certificate to state that it is made to
enable the banks, it, etc., to avail themselves
of the advantages of the Act.

§ 8:1. 28: p. 9. A majority of the directors after, the articles
of association and organization certificate to
have power to execute all other papers, etc.
§ 16:1. 11:p. 19. The expenses necessarily incurred in, the laws
relating to the procuring of Federal reserve
notes, etc., to be paid by the Federal reserve
banks.

EXECUTION.

§ 10:1. 30:p. 12. There shall be in the Department of the Treas-

ury a bureau charged with the, of all laws,
etc., relating to the issue and regulation of
national currency, etc.

EXECUTIVE OFFICER.

§ 10:1. 37: p. 11. The governor of the Federal Reserve Board,
subject to its supervision, shall be the active.

EXECUTOR.

§ 11:1. 45:p. 13. The Federal Reserve Board may grant by
special permit to national banks, etc., when
not in contravention of State or local law
the right to act as, etc.

EXEMPT.

§ 7:1. 8:p. 9. Federal reserve banks, including the capital
stock and surplus therein, and the income
derived therefrom, shall be, from Federal,
State, and local taxation, except taxes upon
real estate.

§ 18:1. 35:p. 21. The United States Treasury notes authorized
to be issued to be, as to principal and inter-
est from payment of all taxes and duties of
the United States except as provided by this
Act as well as from taxes in any form by or
under State, Municipal, or local authorities.

EXEMPTING.

§ 16:1. 33:p. 19. Nothing in this section to be construed as,
national banks or Federal reserve banks
from their liability to reimburse the United
States for any expenses incurred in printing
and issuing circulating notes.

EXERCISE.

§ 4:1. 5:p. 5. Federal reserve banks by their board of direc-
tors, etc., to, all powers specifically granted,
etc., and such incidental powers as shall be
necessary to carry on the business of bank-
ing, etc.

4:1. 49:p. 5. Pending the designation of the chairman, the
Organization Committee to, the powers and

duties appertaining to office of chairman,

etc.

§ 4:1. 12:p. 7. The deputy chairman and deputy Federal
reserve agent to, the powers of chairman and
Federal reserve agent in case of absence or
disability of his principal.

4:1. 25:p. 7. The Organization Committee may, the func-
tions herein conferred upon the chairman,

etc., pending the complete organization of
such bank.

§ 11:1. 42:p. 13. The Federal Reserve Board to, general super-
vision over the Federal reserve banks.

§ 16:1. 53:p. 19. The Federal Reserve Board may, the func-
tions of a clearing house for the Federal
reserve banks.

EXERCISE (Continued).

§ 16:1. 1:p. 20. Or may designate a Federal reserve bank to,
such functions.

§ 16:1. 2:p. 20. May also require each Federal reserve bank to,
the functions of a clearing house for its
member banks.

EXERCISED.

§ 4:1. 4:p. 5. Directors may prescribe by-laws not incon-
sistent with law, regulating the manner, etc.,

in which the privileges granted to the bank
by law may be, and enjoyed.

§ 10:1. 22:p. 12. Any powers vested by this Act in the Federal
Reserve Board or the Federal reserve agent
which appear to conflict with the powers of
the Secretary of the Treasury to be, subject
to the supervision and control of the Secre-
tary.

EXISTING LAW.

§ 4:1. 10:p. 5. In the manner provided by.
§ 11:1. 22:p. 13. Under.

§ 16:1. 30:p. 19. Provided for by.

§ 18:1.49: p. 20. In the manner provided by.
EXISTING LAWS.

§ 8:1. 16:p. 9. Under the provisions of the.

§ 22:1. 20:p. 25. As provided in.

EXISTING LIABILITIES.

§ 19:1. 21:p. 23. The reserve carried by a member bank with a
Federal reserve bank may, under the regula-
tions of and subject to the penalties prescribed
by the Federal Reserve Board, be checked
against and withdrawn for purpose of meet-
ing, provided, etc.

EXISTING RESERVE AND CENTRAL RESERVE CITIES.
§ 11:1. 24: p. 13. The Federal Reserve Board may reclassify, or
terminate their designation as such.

EXISTING STATUTES.

§ 17:1. 7:p. 20. Any other provisions of.

EXISTING VALUES, ACTUALLY. See "Actually existing values."
EXPENSE, ACTUAL. See "Actual expense."

EXPENSE, ANY OTHER. See "Any other expense."

EXPENSE OF EXAMINATIONS.

§ 21:1. 16: p. 24. To be assessed by the Comptroller upon the
banks examined, etc.

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