Just like the Financial of Portland try abolished, i We do not agree totally that the newest provisions regarding Area 26, supra, have been violated of the procedure accompanied by brand new Commissioner. That it point will bring that when the Panel finds out that the productive and you will less expensive accomplishment of purposes of this section is helped by the like action, plus in accordance with such as for instance laws and regulations, rules, and you may purchases because Board get prescribe, “people Federal Home loan Lender is generally liquidated otherwise reorganized, and its inventory paid down and you will resigned entirely or even in region in the union therewith once * * * to make provision to your percentage of their liabilities. * * * [and] another Government Home loan Lender will get, on the recognition of board, and obtain possessions of any for example liquidated otherwise reorganized financial and you can guess debts thereof, entirely or even in part.” These types of standard arrangements should be comprehend resistant to the entire history regarding the fresh new Work and this shows the insurance policy out-of Congress to get the Panel discharge characteristics and that, though legislative for […]