Executive Order 7848—DESIGNATING THE SECRETARY OF THE TREASURY AS THE OFFICIAL TO RECEIVE CERTAIN CAPIRAL STOCK FROM THE RECONSTRUCTION FINANCE CORPORATION THE SECRETARY OF AGRICULTURE, AND THE GOVERNOR OF THE FARM CREDIT ADMINISTRATION

EXECUTIVE ORDER 7848

DESIGNATING THE SECRETARY OF THE TREASURY AS THE OFFICIAL TO RECEIVE CERTAIN CAPIRAL STOCK FROM THE RECONSTRUCTION FINANCE CORPORATION THE SECRETARY OF AGRICULTURE, AND THE GOVERNOR OF THE FARM CREDIT ADMINISTRATION

March 22, 1938

By virtue of and pursuant to the authority vested in me by the act of February 24, 1938, Public, No. 432, 75th Congress, and the act of March 8, 1938, Public, No. 442, 75th Congress, I hereby designate the Secretary of the Treasury on behalf of the United States to receive from the Reconstruction Finance Corporation all of such capital stock as the Reconstruction Finance Corporation may hold poursuant to any provision of law referred to in subsection (b) of section 1 of the said act of February 24, 1938, and to receive from the Secretary of Agriculture and the Governor of the Farm Credit Administration such stock of the Commodity Credit Corporation as they now hold.

The Secretary of the Treasury is hereby authorized and directed to exercise on behalf of the United States any and all rights accruing to the holder of such stock.

FRANKLIN D. ROOSEVELT

THE WHITE HOUSE,

March 22, 1938.

Exec. Order No. 7848, 3 FR 739, 1938 WL 3714 (Pres.)