(Pv».uu 27
ciation in any capacity, shall be punished by a fine of not exceeding
95,000, or by imprisonment not exceeding one year, or both, and
may be fined a further sum equal to the money so loaned or gratuity
given, and shall forever thereafter be disqualified from holding office
as an examiner under the provisions of this Act. No examiner, while
holding such office, shall perform any other service for compensation
for any bank or banking or loan association, or for any person con
nected therewith in any capacity.
Any peraon who shall falsely make, forgo, or counterfeit, or cause
or procure to be falsely made, forged, or counterfeited, or willingly
aid or assist in falsely making, forging, or counterfeiting any bond,
coupon, or paper in imitation of, or purporting to be in imitation of,
the Donds or coupons issued by any land bank or national farm loan
association, now or hereafter authorized and acting under the laws
of the United States; or any person who shall pass, utter, or publish,
or attempt to pass, utter, or publish anv false, forged, or counterfeited
bond, coupon, or paper purporting to be issued by any such bank or
(association, knowing tho samo to be falsely made,"forged, or counter
feited; or whoever snail falsely alter, or cause or procpve. to be falsely
altered, or shall willingly aid or assist in falsely altering any such
bond, coupon, or paper, or shall pass, utter, or publish as true any
falsely altered or spurious bond, coupon, or paper issued, or purport
ing to have been issued, by any such bank or association, Knowing
the same to be falsely altered or spurious, shall be punished by a
fine of not exceeding $5,000 or by imprisonment not exceeding five
years, or both.
Other than the usual salary or director’s fee paid to any officer,
director, or employee of a national farm loan association, a Federal
land bank, or a joint stock land bank, and other than a reasonable
fee paid by such association or bank to any officer, director, attorney,
or employee for services rendered, no officer, director, attorney, or
employee of an association or bank organized under this Act shall be
a beneficiary of or receive, directly or indirectly, any fee, commission,
gift, or other consideration for or in connection with any transaction
or business of such association or bank. No land bank or national
farm loan association organized under this Act shall charge or receive
any fee, commission, bonus, gift, or other consideration not herein
specifically authorized. No examiner, public or private, shall disclose
the names of borrowers to other than the proper officers of a national
farm loan association or land bank without first having obtained ex-
E
ress permission in writing fronl the Farm Loan Commissioner or
*om tne board of directors of such association or bank, except when
ordered to do so by a court of competent jurisdiction or by direction
of the Congress of the United States, or of either House thereof, or
any committee of Congress or of either House duly authorized. Any
person violating any provision of this paragraph shall be punished
by a fine of not exceeding $5,000 or by imprisonment not exceeding
one year, or both.
Any person connected in any capacity with any national farm loan
association, Federal land bank, or joint stock land bank, who embez
zles, abstracts, or willfully misapplies any moneys, funds, or credits
thereof, or who without authority from the directors draws any order,
assigns any note, bond, draft, mortgage, judgment, or decree thereof,
of who makes any false entry in any book, report, or statement oI
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis