II. Capital

a) The Bank shall hâve a cash paid-up capital of four hundred million (400,000.000) gold marks, which shall be in registered or bearer shares of one hundred (100) marks each. Thèse shares shall be issued as follows:

1. 1,000,000 shares to represent the assets of the Reichsbank;

2. o. 000, 000 shares for subscription in Germany and abroad.

b) Ail shares shall be alike. and after the initial subscriptions hâve been aceepted. no restriction shall be imposed upon their purohase and sale, other than such gênerai restrictions of Gerraan law as shall apply to the purchase and sale of shares of other banks.

c) Shares whether sold in Germany or abroad shall be paid for entirely in gold, and, or foreign bilis, at their current gold values.

d) Subject to the preceding provision of this Section, the shares of the new Bank shall be allotted and sold on such terms as to priées, times of payment. and other conditions, as are most advantageous to the Bank.