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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