Section
941, act July 17, 1916, ch. 245, title I, § 27,
39 Stat. 380, directed that farm-loan bonds be deemed lawful investments for all fiduciary and trust funds.
Section
942, act July 17, 1916, ch. 245, title I, § 27,
39 Stat. 380, covered buying and selling of farm-loan bonds by member banks of the Federal reserve system.
Section
943, act July 17, 1916, ch. 245, title I, § 27,
39 Stat. 380, covered additional purchases and sales by Federal reserve banks.