Creating a Shipping Board, a Naval Auxiliary, and a Merchant Marine: Hearings Before the Committee on the Merchant Marine and Fisheries, House of Representatives, Sixty-fourth Congress, First Session, on H.R. 10500, a Bill to Establish a United States Shipping Board for the Purpose of Encouraging, Developing, and Creating a Naval Auxiliary and Naval Reserve and a Merchant Marine to Meet the Requirements of the Commerce of the United States with Its Territories and Possessions, and with Foreign Countries, and for Other Purposes. February 10 to March 9, 1916

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Page 3 - a United States shipping board for the purpose of encouraging, developing, and creating a naval auxiliary and naval reserve and a merchant marine to meet the requirements of the commerce of the United States with its territories and possessions, and with foreign countries, and for other purposes,” which reads as follows: Be it enacted by the
Page 3 - appointment, the term of each to be designated by the President, but their successors shall be appointed for terms of six years, except that any person chosen to fill a vacancy shall be
Page 3 - as it may from time to time find necessary for the proper performance of its duties and as may from time to time be appropriated for by the Congress.
Page 283 - as provided for member banks. No individual, copartnership, or corporation other than a member bank of Its district shall be permitted to subscribe for or to hold at any time more than $25,000 par value of stock in any Federal reserve bank. Such stock shall be known as public stock and may be transferred on the
Page 351 - the act approved August twenty-second, nineteen hundred and twelve, entitled “ An act making appropriations for the naval service for the fiscal year ending June thirtieth, nineteen hundred and thirteen, and for other purposes.
Page 3 - shall continue in office for terms of two, four, and six years, respectively, from the date of their appointment, the term of each to be designated by the President, but their successors shall be appointed for terms of six years, except that any person chosen to fill a vacancy shall be
Page 4 - fifth, nineteen hundred and nine, the act of February fourth, nineteen hundred and ten, and the act of March second, nineteen hundred and eleven relating to the issue of bonds for the construction of the Panama Canal, to a total amount not to exceed $50,000,000: Provided, That any
Page 3 - commissioner shall engage in any other business, vocation, or employment, and any commissioner may be removed by the President for inefficiency, neglect of duty, or malfeasance in office. A vacancy in the board

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