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§ 16. That a sum sufficient to carry out the purposes of the preceding sections of this Act is hereby appropriated out of any money in the Treasury not otherwise appropriated.

§ 17. That a Commission is hereby created, to be called the "National Monetary Commission," to be composed of nine members of the Senate, to be appointed by the Presiding Officer thereof, and nine members of the House of Representatives, to be appointed by the Speaker thereof; and any vacancy on the Commission shall be filled in the same manner as the original appointment.

§ 18. That it shall be the duty of this Commission to inquire into and report to Congress at the earliest date practicable, what changes are necessary or desirable in the monetary system of the United States or in the laws relating to banking and currency, and for this purpose they are authorized to sit during the sessions or recess of Congress, at such times and places as they may deem desirable, to send for persons and papers, to administer oaths, to summons and compel the attendance of witnesses, and to employ a disbursing officer and such secretaries, experts, stenographers, messengers, and other assistants as shall be necessary to carry out the purposes for which said Commission was created. The Commission shall have the power, through subcommittee or otherwise, to examine witnesses and to make such investigations and examinations, in this or other countries, of the subjects committed to their charge as they shall deem necessary.

§ 19. That a sum sufficient to carry out the purposes of sections. seventeen and eighteen of this Act, and to pay the necessary expenses of the Commission and its members, is hereby appropriated, out of any money in the Treasury not otherwise appropriated. Said appropriation shall be immediately available and shall be paid on the audit and order of the chairman or acting chairman of said Commission, which audit and order shall be conclusive and binding upon all Departments as to the correctness of the accounts of such Commission.

§ 20. That this Act shall expire by limitation on the thirtieth day of June, nineteen hundred and fourteen.

Approved, May 30, 1908.

INDEX.

For convenience of reference, the laws relating to Savings Banks and to National
Banks are separately indexed.

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by attorney-general, for neglect to deposit securities..

101

by attorney-general, for impairment of capital..
by attorney-general, against delinquent corporations..

103

105

against superintendent of banks, as attorney for foreign corporations.. 133
against banks for deficiency in lawful money reserve...........

148

to recover usurious interest......

172

by superintendent, for failure to redeem circulating notes..

181

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ASSOCIATIONS (see Building and Lot; Co-operative; Mortgage Loan; Per-

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BANKS (see also National Bank Index, also Savings Banks Index).

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94

94

94

95

96

96

98

532

423

139

.185, 186

89

113

117

129

131

145

99, 147

147

131

145

160

145

145

160

145

145

148

payment of capital stock...

name and residence of stockholders..

number of directors of

annual meeting, election

dates to commence and terminate.
certificate to be recorded...

amended certificate of incorporation..
general powers

148

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stationery conveying such meaning.
penalty

BILLS AND NOTES (see Negotiable Instruments Law):

208

208

208

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