16
1 such suit shall, upon the presentation of a certified copy 2 thereof to any other Federal district court, be enforced by 3 such other court, as the judgment, order, or decree may
4 require.
SEC. 20. The shares of stock in any corporation organ- Cized under the provision of this Act shall be subject to tax as the personal property of the owner or holders thereof
630
17
1
condition or transactions, of any corporation which has
2
issued or is to issue stocks, bonds, or other evidences of
3 debt, if he knows or has reason to believe that any
4 material representation in such statement or advertisement
5 is false. No stockholder, director, officer, employee, or
6 agent of a corporation shall, if all the authorized capital
7 stock thereof has not been paid in, make, issue, or publish
7
8
9
in the same manner and to the same extent as the shares
of stock in State corporations.
8 any written statement or advertisement, in any form, stat-
10
SEO. 21. (a) That no individual, partnership, or associa-
10
11
12
tion, (b) corporation not incorporated under this Act or un- der a law of the United States, or (c) corporation of the
11
9 ing the amount of the authorized capital stock, without also
stating as the amount actually paid in a sum not greater
than such amount paid in. Any person violating any pro-
12
vision of this section shall, upon conviction thereof, be
13
District of Columbia, shall engage in commerce among the
13 fined not more than $5,000, or imprisoned not more than
ten years, or both.
SEC. 23. That the following Acts, including adminis-
16 trative and penal provisions thereof, shall extend to the acts,
14 several States or with foreign nations under a name in con-
14
15
nection with which the legend "Federal Inc. U.S.A." is used. upon conviction 16 Any person violating this section shall
15
17
thereof be fined not more than $100 for each violation.
17 failures, and omissions of such corporation or the stockholders,
18 Each day or fraction thereof during which the violation con-
18
directors, officers, employees, and agents thereof, in their
19
tinues shall be deemed a separate offense.
19
capacity as such, even though such acts, failures, or omis-
20
SEC. 22. That no stockholder, director, officer, employee,
20
sions occur without the territorial jurisdiction of the United
21
or agent of a corporation shall make, issue, or publish 22 any statement, written or oral, or advertisement, in any 23 form, as to the value or as to facts affecting the value of
24 stocks, bonds, or other evidences of debt, or as to the
25 financial condition or transactions, or facts affecting such
21
States:
22
23
(a) The Act entitled "An Act to create a Federal
Trade Commission, to define its powers and duties, and for
24
other purposes," approved September 26, 1914;
H. R. 4810- -2