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X-723 R~SOLUTION ADOPTZD BY THE NEW YOR:C STOCK EXCHANGE 11 'l!lhereo..3, the Feci.aral Reserve Board has, upon the recr~est ::.::· the Fton. W. G. HcAd.oo, Sec:retary of ·~2:e T:cea;:,·J..:ry, ar::>:Jinte ::. .:: Cor.1r:;itt ee of its members to act as 2. Capi·ta.J. IJ .sues Coh1t1i tt ee authorized to pas a respect to capi t..;'..:. e:{.:._)end.itures or issues of new securities, R::I:SOLVED, ThJ.. t t::e Comr.1i tt-:;e on Stoc~ List r.rill :requir? as .a ccn:lition to ·c:1e +.isting such new ca.pitiz..:.. isouos the .i,Jresantat ion of the approval of such Conu:Lt-~13e of th0 Fod.~tal :1Gse:rve Board .. 11 of