davidaulloa/AmericanStories huggingface dataset:
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02
FEDERAL. RESERVE BOARD.
Seven Members, Five of Whom Are to
Get $4,000 a Year Each.

Seven Members, Five of Whom Are to
Get $4,000 a Year Each.
Sec. 10. A federal reserve board Is
hereby created, which shall consist Of
seven members, including the secre-
tary Of the treasury and the comptrol-
Ter Of the currency, who shall be mem
bers ex oficio, and FIVE members ap-
pointed by the president of the Unit
ed States, by and with the advice and
consent Of the senate. In selecting the
five appointive members of the federal
reserve board not more than one Of
whom shall be selected from any one
federal reserve district, the president
shall have due regard to a fair repre-
sentation OF the different geographical
divisions OF the country. The Ave mem'
bers Of the federal reserve board APP
pointed by the president and confirmed
as aforesaid shall devote their entire
time to the business Of the federal re-
serve board and shall each receive an
annual salary Of $4,000. together with
actual necessary travelling expenses,
and the comptroller Of the currency,
as ex oficio member Of the federal re.
serve board, shall In addition to the
salary now paid him as comptroller OF
the currency, receive the sum Of $1,000
annually for his services as a member
of said board. The members OF said
board. the secretary OF the treasury,
the assistant secretary Of the treasury
and the comptroller OF the currency
shall be ineligible during the time they
are in Office ana for two years thereaft
err to hold any onice, position or EN-
ployment In any member bank Oh
the Eve members thus appointed bJ
the president at least two shall bt
persons experienced IN banking o.
finance. One shall be designated b
the president to serve for two. one fol
four, one for six. one for eight, ons
for. ten, and thereafter each member
SO appointed shall serve for d term ID
ten years unless sooner removed 10
cause by the president. OF the dvt
persons thus appointed q shall b
designated BY tne president as soy
at..t,,,. .,4sss a,.a 40 vtee rASs,rrs.sr NJ 49,
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02
q. Z. 0fWE1a

extablish branch banks within
the federal reserve district in which
IL ia located and may do SO in the dis
trict Of any federal reserve bank
which may have been suspended.
Such branches shall be operated by a
board of directors under the rules and
regulations approved by the federal
reserve board Directors Of branc1
banks shall possess the same qualia.
cations az directors OF the federal res
serve 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 az manager.
Sec. 4. . Upon the fling Of " " =
certificate with the comptroller Of the
currency e" " the said federal re-
serve bank shall become a body cor
porate and as such and in the name
DESIGNATED in such organization GER
tiicate shall have power
First.-To adopt and use a corporate
seal.
second.-To have succession for a pc.
Rod Of twenty years from its organiza-
ton unless it is sooner dissolved by an
act Of congress or unless It's franchise
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 its 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 I'll their places.
Sixth.-To prescribe by its board OF
directors bylaws not inconsistent with
law regulating the manner In which Its
general business may be conducted
and the privileges granted to it by law
may be exercised and enjoyed.
Seventh.-To exercise by It's board Of
directors or duly authorized officers OF
agents all powers specifically granted
by the provisions of this act nd such
, Incidental powers as shall be necessary
to carry on the business Of banking
within the limitations prescribed BY
this act.
Elghth.-Upon deposit with the treas
urer Of the United States Of any bonds
Of the United States In the mannei
; provided by existing law relating tx
national banks to receive from the
/ comptroller of the currency circulating
notes In blank, registered and counter
signed as provided by law. equal II
amount to the par value of the bonds
so deposited, such notes to be ISSUED
under the same conditions and provi
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 thu
capital stock Of such federal reserve
bank. .
But no federal reserve bank shall
transact any business except such al
Is Incidental and necessarily prelim1
nary to its organization until 1t ha:
, been authorized by the comptroller Of
! the currency to commence business un
t der the provisions Of this act ,r
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02
dESERVE BANK POWERS.
Principal Functions of the New Re-
gionai Institutions.

Principal Functions of the New Re-
sionaI institutions.
Sec. 10. Any federal reserve bank
may receive from any of it's member
banks and from the United States de-
posts Of current funds in lawful mon
ey, national bank notes, federal reserve
notes or checks and drafts upon mem.
Der banks, payable upon presentation
or solely for exchange purposes may
receive from other federal reserve
banks deposits Of current funds in
lawful money, national bank notes or
checks and drafts upon solvent mem
Der or other federal reserve banks
payable upon presentation.
Upon the Endorsement OF any OF its
member banks, with a waiver OF de-
mand notice and protest by such bank,
any federal reserve bank may dis
count notes, drafts and bills OF ex-
change arising out Of actual CONNER
cial transactions-that is. notes. drafts
and bills Of exchange issued or drawn
for agricultural, Industrial or CONNER
ciaf purposes or the proceeds Of which
have been used or are to be used for
such purposes, the federal reserve
board to have the right to determine
or define the character OF the paper
thus eligible for discount within the
meaning OF this act Nothing In this
act contained shall be construed to-
prohibit such notes. drafts and bills of
exchange secured by staple agricuI-
tural products or other goods, wares
or merchandise from being eligible for
such discount, but such definition shall
not include notes, drafts or bills cov-
erfng merely Investments or issued or
drawn for the purpose Of carrying Or
trading In stocks. bonds or other In
vestment securities except bonds and
notes OF the government OF the United
States. Notes. drafts ana bills admit
ted to discount under the terms of this
paragraph must have b maturity at
the time of discount Of not more than
ninety days, provided that notes.
drafts and bills drawn Or issued for
agricultural purposes oil based on i've
stock and Having il maturity mot ex
ceeding SIX months may be discounted
q ar mount IA ne Iiniifad III A ner-
f'tsntiniied 80 sasse ssevss@.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02
AT THE HOTELS
/ G-AHDNEs.

TfHE GARDNER.
d. Galbraith, Grand Forks; b. F..
Leonard and wife. Kenmare: l.. J.
and wife. Kathryn; u. a.
Bieldge, Mayville; Menda IL. Young,
Evalyn, McLain, Hunter; G. al. Lowen,
J. r.. Henderson, +. Z. Walker. James
town.
THE WALDORF.
III. B. Isaacs, La Moure; F.. Al. swim
gen. overly; A. j.. Linn, Sanborn; j.
u. Mqllaney and Wife, Dickinson; Flor
Regent: Miss O,Donnell, Ellendale; All
E. Steenstrup, Miss N. "A. Kole. North.
wood; Leonard Barton, W~esthope; g. II,
Quimby, Jud; Els. Loveiaee, Fort
Rarsom; NE. and Mrs C. M. Gingrey,
Mabel Olson, Darcy; Carl Camrnftz
Marion; VIM. IL. Roe, Jamestown: Mis-
Molly Sauter, Anamoose; Miss Louise
.saliter, Aflainoeste: Arthur Fletcher and
Anamoose; FL. Kepler and daughter
Devils Lake; Bob Mcintyre, Casselton
M r.. Nelson. Valley City.
The Tcr4YIOTR
d. II. Miller, Stanley, Mrs. Tatonan
Towner; n. G.. Peterson. Streeter: 6,
A. sherer and wife, Thee. Gilbertson
Streeter; p Hagen Horace; Emily vi,
Torfin. Sheldon; y. r.. Rellun1, Turtl,
Lake; o.. u, Anderson, Binford; Davft
Miller and son, Aneta; Fred C. zollner
Glsnheld, Edwin Miller. Afieta. Clar;
Mcfyse, Rugby; IL. AZ. Sando. ST. Tho
mas. O.. K. Thorwaldson, Akra; sigg
8. s~tefansor, HenseI; ii. TIT HAL
nlarson, A1ra: P. g. Pstsraon, Wilton
James f.. Asher, Minot; Thos. r. king
CogsWelI.
THE WEBSTER.
Chas. Nismer, Valley City; w. al
Turnuist, Iarwood; H. E. Robinson
Dawson; o. Al. Bolser, HARDWOOD; Mrs
e. Morgan, Hope.
,EEsE PI2EiSCseTsI,.
NJ. i. Morse and wife. Wimbledon
Stevens and wife, Wheatiand: A. al
4 DeIger, u NJ. Martin, Gaaseley; y. IA
/ Shepeard and wife, Darlington; SaT
i CurkeW, Crystal: ID. March. Bel
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

and central reserve titles or to termi-
nate their designation as such.
(f) 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. adj
minister the same during the period OF
suspension and when deemed advisa-
bic to liquidnte or r~eorganize such
bank.
ID 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 regulations neces-
sary to enable said board effectively
to perform the same.
~ To exercise general supervision
over said federal reserve banks.
(kl To grant by special permit to ma
tionaI banks applying therefor, when
not in contravention Of state or local
law, the right to act as trustee, ex-
ecutor, administrator o registrar OF
stocks and bonds under such rules and
regulations as the said board may pre-
scribe.
0 10 employ such attorneys, ex'
perts, assistants. clerks or other am
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. III.
1888 volume %. United Suites stat
utes at large. page 403,. and amend
ments thereto or any rule or regulation
made in pursuance thereof.
Section IL creates a federal advisory
council, consisting Of one member
from each federal reserve district,
which Is empowered to confer with
the federal reserve hoard and make
representations regarding the business
of fhn hOard. .
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

Garrett Il. Gross, Caledonia; FL. II.
Schultz, jamestown; H. 81. Nelson,
Grand Forks; 3 III Williams, Blan-
Raymond and wife, New Rockford.
sfHE ANNEX.
4. Heisler. R~ichardton; Laura Jacob
son, Nv. A. Bousquet and wife, Mad
dock, H.C.. WestfalI, Buttzville;
Thorson, Hattoni Gena Thompson,
CooperstoWn; ri. I'LL. MORROW Erie..G.
A Hagesetf, FingaI; Gee 4. Stalldish,
Casseiton. &A
TsaTa METRO Ox.1ss.
D. H. Hendrickson. Bismarck; Dave
RSwart, Glen UIIen; y. W Williams
Karnak; ohm Lol1is,ssO. H.Iieimark
warwick; Jessie Gale, Valley CITY:
Margaret McNa1Iy. Manning, q J
IdtIaInrts Y TrfN..s f tcls u II Mr.istilit
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

means of redis-
counting CONNER
cial paper, to es~
tablish a o ef-
9ectlve super
vision Of banking
In the y t d
States and for
other purposes.
That the short
title Of this act
shall be the "fed-
eral reserve act"
Sec. 2. AS soon
"a g nracf4c1hln %hn
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

treasury, the sec =" 7'
rotary Of agriculture and the comp
troller Of the currency, acting al "the
reserve bank organization committee"
shall designate not less than eight nor
more than twelve cities to be known as
federal reserve cities, and shall divide
the continental United States, exclud.
ing Alaska, into districts, each district
to contain only one Of such federal re
serve cities. E@ "5
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

Sneffels, Colo. Al. T.. Walsh was badA
ly lone up with rheumatism and sent
o Foley Kidney Pills which was the
only thing that would cure him.
Geo. Potter of Pontiac, Mo-, was down
der trouble h Foley Kidney Pills
made him well end able To- work. III
Isl a splendid medicine and always
helps, just try. II. All Druggists
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

Wheatland; O.. f.. stinson, Hillsboro;
ii. D Eaton, Williston; III. Lammirg,
Edwin Blue. Grand Forks; R M.
Moore, Hillsboro; VIM Bowen, Valley
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02
'THE federal reserve act is now q
part Of the law Of the land.
With President Wilson's sigma
GARTER GLASS.

currency reform bill the country looks
forward to the practical working out
Of the act The law Is In part as fol-
lows: . ...", ~a
An act to provide for the establish
ment Of federal reserve banks to fur
nish an elastic currency, to afford
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02
RESERVE BANK BRANCHES.

Regional institutions Empowered 60
Establish Sub Banks.
No federal reserve bank shall COM
0 business with d subscribed cap
itai less In amount than S3.00O,O00.
Sec. 3. Each federal reserve bank
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1914-01-02

secretary Of the
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-07-19
WOMEN'S 1Oc VESTS
Four for 25c.
Embroidery F1ounces

Most beautiful designs
shown this season. Some
of the most difficult, exclu-
sive pattern of Foreign
Looms; white and har-
monizing colors; voiles,
crepes and dainty materi-
ais; very choicy, dainty
ideas, will make wonder
fully attractive gowns. Can
be made up in any style to
suit. 75c yard to $3.50 yard
value, at Half-Price.
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-07-19
All Sa'e TFsCes IN IVeTy DeP"T Exc"
Castle Nainsooks and
Long Cloths

Castle Nainsooks and
Long Cloths
H. &c I'd. or S1.35 bolt
at yd. lie, per bolt ST 20
15c value, $1.65 bolt,
at 12c yd. bolt for $1.4O
zoe value, 1925 bolt,
at TIC I'd. bolt for. SIC
25c quality, S2.75 bolt
at 21c I'd. eolt for 1925
Colonial Colored Border
Draperies
25c to 75c qualities,
Half-Price.
Csc BROWN LINEN
Extra Fine Quality,
SO inch, yard 15c
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-07-19
SEPARATE COATS

In several different mate
rials and styles, skeleton anc
unlined, black and blue, al
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-07-19
MEMS TROUSERS

$3.50 values for .. .S1.19
S1.75 values for ..... .S1.3S
$500 values for .......$1.55
$3.50 values for .S1.89
$500 values for .......$1.95
$3.50 values for .S2.68
$500 values for S2.95
$3.50 values for .....S2.4S
$500 values for 1885
$500 values for ......a.N
$3.50 values for $3.50
81 so values for 1885
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-07-19
Fancy Wolfe, Lingerie, Crepe and Lace Dresses

| he quality OF these dresses IS flrSt-claSS
could expect to get for garments up to $25 $50
Some Of them trihe soiled from handling, and
1913 Styles and be Just they
Try many YOU like, we'll allow you
$3.50 to $50 Dress according which you Sc
lect ANY choice for
The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1914-07-19

Noi1es, Ratines, Crepes, Laces a
some with elaborate trimming, some
colored sashes, tunic ide as, cut-out eff
attractive models that are very exclu
one goes in this big sale, at
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1914-07-14
Police Court Record

United States Branch, Judge Aukam-Esteile
Cummings. larceny, $40 or I months: Ross
Wise, larceny. dismissed. James BraXton. as
sault, grand jury trial. s.. 80 bond: William
Harper. sssau lt, grand jury, trial 81, 900 bond
Bessie Brooks. assault. continued for SEN
tence: William Taylor assault. $50 days,
william Thornton, assault. 3 or IS days.
Gunner Bowler. Frederick Brannon. assault,
SO or 80 days; Albert Willis. assault. personal
bond; Matte Williams. assault SO or so
days; Joseph Carroll. larceny. continued
Walter Brown. E Charlton. James Kelly.
Ernest Lyles, William Wise. cruelty TO ami
mails s. or Is days.
District Court, Judge PUgh-GeorEe Haw-
lSins Robert Jefferson. Thomas H Myers.
Alex. Brown. intoNicaIion, SO or 30 DAYS,
Walter Haywood, intoxicItion. collateral Tor
feited Dennis Shehan. intoXicltiun. Contin-
ued: Arthur Brown. William Jones. Barnard
Gilbert. William Peterson. Frank Peterson.
Frank Jones. Manola Carminis. vasrancy.
persona bond Charles Rally, Arthur : COL
bert. John DoUgherty. violation of police
r6 gulations, personal bond. Alice Williams.
vsgrancy. continued for sentence: Walter
lett, J. :. Devers. Thomas +. ConnOrs, Mo-
lation Of police regulation. continued for
sentence; Daniel T. DoOdy. violation Of police
regulation, continued; Bessie Mooney Annie
Kelly. John B Brown, Annie THOMPSON
William Hale, Amanda Bell. John Collins
profanity and disorderly conduct. s. " 10
ia
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1914-07-14
THIN PEOPLE
PUT ON FLESH
EASILY IN SUMMER

Thin men and women who would like
TO incrceEe their weight with 10 to 20
pounds of healthy stay there fat will
md no better time 10 secure such re-
suit than in the hot summer months.
Surprising gains in weight are often
made by thin people in June. July and
August. Thin folks stay thin because
their hssimilativ~ organs do not absorb
sufficient of the flesh making elements
OF the food tina; Is eaten. With such
physical defect IL is often difficult
10 gain weight in winter because i
great portion of the little nour:shmen:
blood warm rather than to provide
tcsh and fat
People who imagine they were built
Il stay thin should take advantage Of
Natures laws a. this season and make
a determined effort to put on some
standard tiesh builder like Sargol while
tho not DAYS are mere. Here is good
test worth trying this summer. First
weigh yourself and measure yourself.
Then take Sargol-one tablet with every
lncal-for two weeks. Then weigh
end measure again. It isn't question
of how YOU look Or feel or what your
friends say and think. The scales and
the tape measure will tell their own
ttorv, and most any thin man or
y
eight pounds in tile first fourteen days
by following this simple direction. And
lest of ALL the new flesh stays put.
sargol does not of itself make fat.
but mixing with your food. 1t turns
The fats, sugars. and starches of what
Won nave eaten. into rich, rips fat
producing nourisnmcnt for the tissues
and blooG-prepares II in an easily as
simulated form which the blood can
readily accept. Ali this nourishment
row passes from your body as waste
Rut Sargol stops The waste and does II
Quickly and makes the fat producing
contents of the very same meals you
are eating now develop pounds and
rounds Of healthy flesh between your
kin and bones. So rgol is safe. pleas
ant. efficient. and inexpensive.
las. O'Donnell Drug Stores and other
leading druggists in Washington and
viC.nity cell it IN large ooxes-forty
tablets to n packaSc-on a guarantee OF
weight increase or money back.-.Advt.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1914-07-14
Information for All
Lung Sufferers

The makers Of Eckman's Alternative
all be pleased to send reports of re
Covcries from tuDert ulosis ana a book
let of interest TO sufferers. with infor-
nation about diet and fresh air. In
NestiGate this case:
1919 Susquehsnna Ave. Phils. Pa.
My Dear Sir-For two years / was ar
nicted with hemorrhages Of the lungs and
later ] was taken with q severe attack Of
pneumonia When ! recovered sufficiently To
walk about the house ! was left with a
irightful hacking cough. which no medicine
had taken could alleviate 1t was at this
time. March, 1902. that started taking Eek
mans Alternative In short time my cough
was gone and ! was pronounced well. can
not speak too highly for the good II has
done CAbbreviated).
tSiRnedI HOWARD L. kDOTZ.
Eckmau's Alternative is most cfiCa-
cious in bronchial catarrh and severe
throat ard lung affe ,tions and upbuild-
ing the system. Contains ne harmful
or habit-forminG drugs. Accept no
substitutes. Sold BY O'Donnelis Drug
Stores and leading druggists. Write
Eckman Laboratory. PHILADELPHIA. Pa,
for booklet Of recoveries.-Advt.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1914-07-14
Widow of Explorer Refuses to
Wed Playwright Unless He
Renounces Adopted Daugh.
ter.

Washington is as much interested as
London in the part that Pauline Chase
the charming little American actress,
who was born in this city. is playing
in the love affair between Sir James
Matthew Barrie. England's richest
playwright, and Lady Kathleen Scott.
widow of Englands Antarctic hero.
Capt Robert c. Scott. sculptress and
woman OF stern idealism.
Miss Chase, who first became a popu-
lar favorite as Pink Pajama Girl
in the musical comedy of that name, is
the adopted daughter of the great Eng
lish playwright and is an actress OF
universally recognized charm and
talent. Barrie's friends declare that
he wants to marry Lady Scott and
would do so Immediately II he would
renounce his adopted daughter. Lady
Scott, it is said, has positively re-
fused TO listen TO his pleas that she
become his wife unless he puts the
charming little American actress out of
his family. Should this be done Miss
Chase would be effaced as Barrle's
have TO relinquish all claims to the
fortune of the playwright, which is
estimated at s2,5O0.Oc0
The first Mrs. Barrie. from whom
the playwright obtained a divorce five
years ago, had no objections TO Miss
Chase. who was a great favorite with
her.
II was while she was playing the
part of one of the children in Barrie's
play. Peter Pan" that the little ac-
tress attracted the attention OF the
playwright. In the next production
OF the play she was given the title
role and made a grea: success
All England has its eyes on the little
actress wondering whether or not she
by stepping out OF the Barrie house
hold. will permit the love affair of the
great playwright to be Consummated