permaculture

[Martin Naylor <martinwnaylor@yahoo.com.au>]

Enlighten me who are the stockholders
   
  SECTION 7—Division of Earnings
  Dividends and Surplus Fund of Reserve Banks
  (a)(1)(A)   After all necessary expenses of a Federal reserve bank have 
been paid or provided for, the stockholders of the bank shall be entitled to 
receive an annual dividend of 6 percent on paid-in capital stock.
  (B)   The entitlement to dividends under subparagraph (A) shall be 
cumulative.
  (2)   That portion of net earnings of each Federal reserve bank which 
remains after dividend claims under subparagraph (1)(A) have been fully met 
shall be deposited in the surplus fund of the bank.
   
  Martin
  

Note: forwarded message attached.



 

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