davidaulloa/AmericanStories huggingface dataset:
Norwich bulletin., 1913-12-25

socfation not situated h g central reserve city may make ioanS secur- ed by improved and unencumbered farm land situated within it's fed eral reserve district. but no such loan shall be made for longer time than five years nor for an amount exceeding 30 per centum of tine actual value Of the property offered as security. Any such bank may make such loans in an aggregate sum equal to 25 per centum of its capital and surplus or to one third of its time deposits. and such banks may continue hereafter, as here tofore, to receive time deposits and pay interest on the same.
 The federal reserve board shall have power from time to time to add to the list of cities in which national banks shall not be permitted to make loans secured upon real estate in the man ner described In this section.
 Section 9 authorizes national bank ing associations possessing capital and surplus of $l. .000. 600 or more to es- tablish foreign branches under the di- rection of the federal reserve board.
 Section 2G authorizes the secretary of the treasury to strengthen the gold reserve by borrowing gold on United States bonds or by selling them.
 Section ? extends from June 30, 1914, until 1pne %. 1915. the life of an act authorizing national currency as sociatious. rhe issuance of additional national bank crctdation and the ere ation of a national monetary commits sion It re-eaacts certain United States banking statutes amended by an act of May go. 1908. subject to saeA amendments or modi1lcations as are contained in the new currency law. It amends the May 90 1908. act in re gard to the taxation of circulating notes held by national! banking asso- citations and secured otherwise than by United States bonds.
 Section 29 provides tlrt if any parf of the act is declared invalid by court the judgment shall, not affect the remainder Of the act,
Norwich bulletin., 1913-12-25
RESERVE BOARD POWERS.
Has Controlling Hand on Banking of
 tho Nation.

Has Controlling Hand on Banking of
 the Nation.
 Sec. II. The federal reserve board shall be authorized and empowered;
 (a) To examine at its discretion the accounts, books and affairs of each federal reserve bank and of each mem Der bank and to require such state ments and reports as it may deem necessary. The said board shall pub fish once each week a statement show ing the condition of each federal re- serve bank and a consolidated state ment for all federal reserve banks. Such statements shall show in detail the assets and liabilities of the federal reserve banks, single and combined, and shall furnish full information re- garding the character of the money held as reserve and the amount na- ture and maturities of the paper and other investments owned or held by federal reserve banks.
 (b) To permit or on the affirmative vote of at least five members of the reserve board to require federal re- serve banks to rediscount the discount ed paper of other federal reserve banks at rates of interest to be fixed by the federal reserve board
 (c) To suspend for a period not ex- ceeding thirty days, and from time to time to renew such suspension for pc riods not exceeding fifteen days, any reserve requirement. specified in this act: Provided, that 1t shall establish a graduated tax upon the amounts by which the reserve requirements of this act may be permitted to fall below the level hereinafter specified; and provided, further, that when the gold reserve held against federal reserve notes falls below 40 per centum. the federal reserve board shall establish a graduated tax of not more than i per centum upon such deficiency until the reserves fall to 3215 per centum, and when said reserve falls below 32h per centum, tax at the rate increas- ingiy of not less than IF per centum upon each 2j5 Der centum or fraction thereof that such reserve falls below 321a per centum. Tho tax shall be paid by the reserve bank hut the reserve bank shall add an amount equal to said tax to the rates of interest and discount fixed by the federal reserve board
 (d) To supervise and regulate through the bureau under the charge of the comptroller of the currency tie issue and retirement of federal reserve antas and tM hresefibs puleS and raGup
Norwich bulletin., 1913-12-25

l lations- under which such notes may be delivered by the comptroller Go the federal reserve agents applying there for.
 (e) To add to the number of cities classified as reserve and central re- serve cities under existing law in which national banking associations are subject to the reserve require ments set forth In section 20 of this act, or to reclassify existing reserve and central reserve cities or to termf- nate their designation as such.
 Q) To suspend or remove any officer or director of any federal reserve bank, the cause of such removal to be forthwith communicated in writing by the federal reserve board to the re- moved officer or director and to said bank
 (g) To require the writing off of doubtful or worthless assets upon the books and balance sheets of federal reserve banks.
 (h) To suspend, for the violation of any of the provisions of this act, the operations of any federal reserve bank, to take possession thereof, ad- minister the same during the period of suspension and when deemed advisa- ble to liquidate or reorganize such bank.
 D To require bonds of federal re serve agents, to make regulations for the safeguarding of all collateral, bonds, federal reserve notes. money or property of any Kind deposited in the hands of such agents, and said board shall perform the duties, functions or services specified in this act and to make all rules and regula tions neces- sary to enable said board effectively to perform the same,
 CD To exercise general supervision over said federal reserve banks.
 (k) To grant by special permit to na- tional banks applying therefor, when not in contravention of state or local law, the right to act as trustee, ex- ecutor, administrator or registrar of stocks and bonds under such rules and regulations as the said board may pre- scribe
 O To employ such attorneys, ex- perts, assistants, clerks or other em- ployees as may be deemed necessary to properly conduct the business of the board All salaries and fees shall be fixed in advance by said board and shall be paid in the same manner as the salaries of the members of said board All such attorneys, experts, assistants, clerks and other employees shall be appointed without regard to the provisions of the act of Jan Is, 1883 (volume 22, United States stat utes at large, page 403l, and amend ments thereto or any rule or regulation made in pursuance thereof.
 Section 12 creates a federal advisory council, consisting of one member from each federal reserve district, which is empowered to confer with the federal reserve board and make representations regarding the business of the board.
Norwich bulletin., 1913-12-25
NAMING RESERVE BANKS.
FS Take Title of Principal City In Re-
 serve District.

FS Take TitIs of Principal City In Re-
 serve District.
 Tke said committee shall supervise Siieg organization in each of the cities designated of federal reserve bank, which shall include in it's title the RAne of the city in which it is situat- ed- 4s .'.Bedefai Reserve Bank of Chi .Hasolr
 Under regulations to be prescribed by @Ae organization committee every na- &ionaI ba hiking association in the Unit cd SeateS Is hereby required and every ef1EtAAe bank in the United States and every trust company within. the Dis tRicts @f Columbia is hereby authorized to signify 2n writing within sixty days after the passage of this act it's ac- eEp&ane~ SR the terms and provisions hereoE
 When the, organization committee shah have designated the cities in which federal reserve banks are to be Srgnni5ed and fixed the geographical limits of, the federal reserve districts every national banking association within that district shall be required within thirty days after notice from the Organization committee to sub scribe to the capital stock of such fed eraI reSerwe bank in a snn equal to 6 per cent of the paid up capital stock and surplus of such bank
 Any national bank falling to signify its acceptance of the terms of this act vtthinB the sixty days aforesaid shall eease to act, ag resecre agent upon thirty days notice to be given within the discretion of the said organization committee CT. of the federal reserve board
 Should any national banking associa- EionTin the United States now organ lxed taA within one year after the pas sage of this act to become member hank nnder the provisions hereinbefore Stated CT fail to comply with any of the provisions of this act applicable thereto an of the rights, privileges and Sra archisee of such association granted tp # under the nationa bank act or un- der the provisions of this act shall be ss,eeeby forfeited.
 No' indixiduai. copartnership or cor pora1on other than 6 member bank ec it's district shall be permitted to subscribe for or to hold at any time more than $i0,OO0 par value of stock in any federal reserve bank. Such stock shall be known as public stock and may be transferred on the books Of the federal reserve bank by the chairman of the board Of directors of such bank.
 Should the subscription of. stock by banks and the public be inadequate she government itself may subscribe for stock Stock not held by member baf;ts shall be voted by Class c direc- tors only.
Norwich bulletin., 1913-12-25
CHIEF FEATURES OF CURRENCY BILL
Eight Twelve Reserve Banks be Established in Various Parts of the Counry-Federal Reserve Board of Seven to Supervise Banking Business of County-Tampering A With Bank Officers is Made Criminal Ofense.

becomes forfeited by some violation Of law.
 Third.-To make contracts.
 Fourth.-To sue and be sued, com plain and defend, in any court of law or equity.
 Fifth.-To appoint by it's board of directors, elected as hereinafter pro vided, such officers as are not other wise provided for in this act, to define their duties, require bonds of them and fix the penalty thereof, to dismiss such officers or any of them as may be ap- pointed by them at pleasure and to ap point others to fill their places.
 Sixth,-To prescribe by its board of directors bylaws not inconsistent with law regulating the manner in which it's general business may be conducted and the privileges granted to it by law may be exercised and enjoyed.
 Heventh.-To exercise by it's board Of directors or duly authorized officers or agents all powers specifically granted by the provisions of this act and such incidental powers as shall be necessary to carry on the business~1of banking within the limitations prescribed by this act.
 Eighth.-Upon deposit with the treas urer of the United States of any bonds of the United States in the manner provided by existing law relating to national banks to receive from the comptroller of the currency circulating notes in blank, registered and counter signed as provided by law, equal in amount to the par value of the bonds so deposited, such notes to be issued under the same conditions and proyi- sions of law which relate to the issue of circulating notes of national banks secured by bonds of the United States bearing the circulating privilege, ex- cept that the issue of such notes shall not be limited to the amount of the capital stock of such federal reserve bank
 But no federal reserve bank shall transact any business except such as is incidental and necessarily prelimi- nary to it's organization until 1t has been authorized by the comptroller of the currency to commence business un- der the provisions of this act
Norwich bulletin., 1913-12-25
Costume for Misses and Small wcnaen,
 With or Without Cbemisette.

Thls model was used for a simple party frock made of blue crepe de chine. Brocaded silk in Persian tones forms the girdle, while shadow lace and net friils add a neat touch to neck and sleeve finish. The design is suit able for serge alba tross or cashmere e- It will also lend itself equally well 10 velvet charmeuse or satin. The drop shoulder and yoke effect are good style features The pattern Is cut in four sizes: II. 18 r and IS years. It re quires five yards of 44-inch material for a 16 year size.
 A pattern of this Illustration mailed to any address on receipt of 10 cents in silver or stamps
 Order through Tine Bulletin Company, Pattern Dept, Norwich, Conn.
Norwich bulletin., 1913-12-25
PENALTY FOR DISHONESTY.
Tampering With Bank Examiners Made
 Criminal Offense.


 Sec. 22. No member bank or any officer, director or employee thereof shall hereafter make any loan or grant any gratuity to any bank ex- nminer. Any bank officer, director or employee violating this provision shall be deemed guilty of a mlsde- meanor and shall be imprisoned not exceeding one year or fined not more than S5,0O0 or both, may be fined fur ther sum equal to the money so loan ed or gratuity given. Any examiner accepting loan or gratuity from any bank examined by him or from an officer, director or employee thereof shall be deemed guilty of a misde meanor and shall be imprisoned not exceeding one year or fined not more than $5,000, or both.
 Section B provides that, national bank stockholders shall be responsible for all contracts. debts anG engage ments of their banks to the amount of their stock at par value in addition to the amount invested in such stock. If they transfer their stock within sixty days before the failure of their banks they shall be liable to the same extent in case the transferee fails to meet such liability.
 Loans on Farm Lands.
 Sec 24. Auy uatlona4 oaukiug as-
Norwich bulletin., 1913-12-25
BRIEF STATE NEWS

Beacon FalIs.-Ths Beacon Falls Rubber Shoe company's factory closed Wednesday night for three days.
 Robert H. GulIiver. a. student at. the Pennsylvania school or finance, is spending the holidays with his parents, Mir. and Mrs. II. g. Gulli- yer, of Walnut street.
 Tracy.-The state public utilities commission has approved the plans Of the Connecticut company for a new trestle bridge to span the Quinnipiac river on Oak street. Tracy.
 Stamford. - Prosecuting Attorney Phillips has asked the council to en- act an ordinance regulating public dances. Complaints have been made Of improper dancing in the armory and elsewhere.
 Hartford.-Tbe class of 1914, training school for nurses. of St. Francis hos pital will be graduated Tuesday even ing. Dec. 30, at 8 o'clock, at St Thomas hall. Rt. Rev. John J. Milan,
 suHield.-Mrs. Mary Shea, who be- came a member of Sacred Heart Ro- man Catholic church when 1t was last week, aged 85. Only two others who were originally members of the church are living.
 RockviIIe.-The banquet committee of the Rockville Business Mems asso- citation has organized by electing Fred J. Cooley chairman and Sherwood C. Cummings secretary. The committee decided to appropriate s100 to the speakers committee. The banquet will be held prior to Feb 24.
 New Hsven.-More than 400 young sters of the St. Francis orphan asylum were made happy the other afternoon when, through the courtesy and kind ness of Sylvester z. Poll, the entire vaudeville bill which is being played at Polls theatre was presented in thO assembly hall of the institution.
Norwich bulletin., 1913-12-25
RESERVE BANK BRANCHES.
Regional institutions Empowered to
 Es+abiish 'suc- Banks.

Hssianst institutions Empowered to
 Estabiist 'sdt Banks.
 No federal reserve bark shall com mepce business with subscribed cap ltsl less in amount than S3,OO0.OOO. '
 Sec. 8. Each federal reserve bank
 .~ ,t~@ tf ', .a >' d shall establish branch banks within the federal reserve. district in, ,.which It fs located and may do so in the Gis' trfct of any federal reserve Tbanl which may have been ,@,pel4detl Such branches ,stalf be operated'rby ,a board of directors under tue ruies and regulations approved bX the federal reserve board. Directors of branch banks shat possess the same qualifi cations as directors of the federal re Eefye. banks. Four of said directors shall be selected by the reserve bank and three by the federal reserve board, and they shall hold office during the pleasure, respectively, of the parent bank and the federal reserve board The reserve bank shall designate one of the directors as manager.
 Sec..4 "% Upon the fling of certificate with the comptroller of the currency 4" !" the said. federal re- serve bank. shHilebecouae 8. body cor porata aRd as such and in the name desighated in such organization cer- tiAeats shaii have power
 Pifst-Te adept and use a corporate seal.
 Second 4-Fe have succession 1oF De- ried ef tweaty years from it's ergaai4a- tica siese it is sooner dissolved by an Met of eas&seSs -aF E~IssR ifs fsSRe&Ae@
Norwich bulletin., 1913-12-25

5T@ HE federal reserve act is now
 part of the law of the land.
 WftA President Wilson's sigma
 ture to the new Glass-Owen currency reform bill the country looks forward to the practical working out efstne act. The law is in part as fol lows;
 An act to provide for the establish naeut of federnl reserve banks to fur nAsh an elastic currency, to afford
Norwich bulletin., 1913-12-25
Information for Roosevelt.

Professor Taft, having succeeded in shedding 69 pounds avoirdupeis. says, he is as hard as nails. can walk or play golf all day, and loves every body South American papers to which T. Roosevelt is a subscriber please copy Manchester Union,
Norwich bulletin., 1913-12-25

means of redis scuntiHg coaa1sd
 ciaf paper, to es-, t1blish a more ef- eecttve super wss~p. of banking sn the United States and for
 EAes purposes
 That the short title of this act @ha1 be the fed RNt reserve act.''
 Sec. f. As soon ma nr9pffc2hIA tiHe
Norwich bulletin., 1913-12-25

W@AaWEF, EMc SeC-
 retaF+ of agriculture and the comp roller of the currency. acting as the Bunerpe bank organization committee, shah designate not less than eight nor
 more than twelve cities to be known as federal reserve cities, and shall divide tise continental United States, exclud- M& Alaska, into districts, each district be eoatzfn only. one of such federal re serve .Cities-
Norwich bulletin., 1913-12-25
Roth. Mare Victima.

As we understand it. that awful awful school board has treated poor Mayor Harrison even worse than IL hal Mrs, Young,-Chlcage Inter Ocean.
Norwich bulletin., 1913-12-25

organizations into national banks
 Section g describes how state banks may become members of reserve banks.
Norwich bulletin., 1913-12-25

See, 24 Auy uatioua. oaokiug aa
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-10-27

While strolling. through a business
thoroughfare with a friend, old chap,
we passed a Autograph which adver-
tised to the effect that phrenologist
was giving readings within. l would
not have considered the proposition
had not my friend urged me to pat
ronize the phrenologist in these
words:
Come in and have your conk
paved over. This gink is the great
est bumpologist that ever glommed
the future out of welt on the bean.
He can wise you to your past, pres
ent and future simply by gliding his
pickers over your brain corns. If
there amt any bumps on your COCO,
the professor will gladly raise few
with baseball bat. Come on and let
him interpret your sconce."
My: word =
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-10-27
THE "RITUAL MURpER"TRlAL

Kiev, Russia, Oct. 27.-The defense
of Mendel Bells, the Jew charged
with the ritual MURDER" which be-
gan today, was expected to bring out
few new facts. The prosecution,
which rested last night, produced lit
tie evidence against Bells, most of
the testimony being in his defense,
in that the governments witnesses
accused Vera Cheberyak and the
Cheberyak gang of numbering the
boy.
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-10-27
POOR GARY WAS PEsTERED

New York, Oct. 27-Judge Ebert
H. Gary, head of the U. S. steel cor
poration, who declares in an address
that the rich are becoming more gen
erous and the poor more grateful,
says-he and his wife were driven from
The day book. [volume] (Chicago, Ill.) 1911-1917, 1913-10-27

jumping when Rock Island train
struck auto at FINLEY Park. =.
Rev. Preston Bradley, Peoples
church, praised stage as great edu-
cational factor.
Abraham BigIey, 55te kenWood
av., injured by Frank Parmelee
Transfer Co. auto truck.
81" roads will tryout through route
next Monday.
Acting Chief Schuettler's gambling
squad made 95: arrests Saturday
night and Sunday morning.
Reconsideration clan approves of
Mayor Harrison's subway policy.
Aid. Ellis Geiger wants to see 200
feet limit on skyscrapers removed.
The whole Damn family will hold
big reunion here :,
Pullman porters have formed
union. Want bigger tips or more
wages from company =
Mrs. Ebert n. Gary, wife of Judge
Gary, steel magnate, denied that hus-
band received blackmail letters. -
Francis o'NeiII, former chief of po-
lice, has written a history of Irish
music
Robbers made two visits to S.
>Cantarsy's drug store, 1858 W.. 18th
st. Got $725.
~
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-03-29
At the Hotels

W. E Stevens of Devils Lake is in
the city.
M. A. Miller of Grand Forks was in
the city today.
C. e. Bennett Of Aneta spent the
day in the city.
Miss Hodgson of Gardner shopped
In the city today.
F.. A. Newbreks of Crookston was in
the city today IN business.
r. g. Cook of Gardner spent the
day in the business district.
Miss Ida A. Neverman of LaMoure
is a guest at he Gardner hotel.
Alex Schainth of Bowman was a
Fargo business caller today.
E. R.. Bradley of Grace City was a
business visitor in the city today.
G. w ana William Yaeger Of Lu-
verne, Mimi, are ~transacting business
In the city today.
Mrs. William Carroll Of Glendtye,
Mont, is a visitor to the city and a
guest at the Annex.
C. II. Thure and 8. j. Stevenson Of
the town Of Horace are attending to
business in Fargo today.
e. j.. Collette ard wife of Coopers-
town, have arrived in the city on a
Visiting and shopping trip.
Frank Anderson of McHenry was q
business visitor TO the city today and
a guest at one of the hotels.
ID. "A. Brand of Grand Forks, arr:v-
ed in the city last evening to spend
today in attending to business.
Florence White. Agnes and Mary
Robb and Emma Robertson, all Of
Park River, are In the city today on
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-03-29
oAssELTON SOCIAL NOTES.

The dancing and card party given
by the Eastern Star al Casseiton Mon
day evening, March %. was a grand
success, judging by the large assem-
blage and by the pleasure all seemed
to enjoy, In the parlors of the Ma
sonic hall progressive 500 was played,
every table being filled, and across the
hall in the K. F. rooms a merry crowd
danced until an early hour. This, k
all Eastern tar functions, was the
climax Of social entertainments.
Mrs. A. M. Arson has written friends
at Casselton that she is now in Min
neapolis occupying her daughters
apartments and will soon return to
Casselton. Her daughter, Mae Harris
Arson, of The Journal staff, is on an
extended tout of Europe and all her
Casselton friends are pleased to hear
of her continued good health and pleas
ure.
Mrs. M. G. Struse and family of Cas-
selton have received the pleasing in
telligence of the arrival of a boy at
the home of Mr.. and Mrs. Herman
Stern of Valley City, Mr.. and Mrs.
Stern being both former Casseltonites.
All Casselton rejoices and extends con
gr~atulations. Mrs. Stern is a sister
Of Mrs. Straus.
Mrs. G. S. Churchill of Casselton en-
tertained the Bridge club Tuesday aft
ernoon in a most delightful manner
There were several invited guests pres
ent and a tempting lunch was served
at the close of the gams.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-03-29
Social Notes

All the world has gone wild over
dancing and the stage is gay with
dancers from all countries. Never
were so many different kinds of
dances to be seer in a season as now
Id and new, strange and beautiful,
ana not one that is not at least
interesting, while some are extraordl-
nariIy graceful. When the world was
young men and women danced for the
sheer love of dancing. but nowadays
the best of the worlds dancers cult