Post Institute Sales Corp., et al. v. F. T. C., not Reliable Premium House, etc., Harry Froman trad- Retonga Medicine Co., U. S. v., not reported (D. C., Rogers Redemption Bureau, etc., U. S. v., not reported (D. C., Minn., Feb. 1, 1945). Title Spicer, William Edgar, et al. v. F. T. C., not re- Staley, A. E., Mfg. Co., F. T. C. v. 324 U. S. 746 (Sup. Ct., Apr. 23, 1945).. Staley Mfg. Co., A. E., et al., F. T. C. v., Dock. 3803 Thomson Mfg. Co., Judson L., v. F. T. C., 150 F. Triangle Conduit & Cable Co., Inc. v. F. T. C., 168 Willard Tablet Co. U. S. v., 141 F. (2d) 141 (C. C. A. 7th, Mar. 7, 1944)-- FEDERAL TRADE COMMISSION ACT [Approved Sept. 26, 1914; as amended Mar. 21, 1938] [PUBLIC NO. 203-63D CONGRESS, AS AMENDED BY PUBLIC NO. 44-75TH CONGRESS] [H. R. 15613 and S. 1077] AN ACT To create a Federal Trade Commission, to define its power and Sec. 1. CREATION AND ESTABLISHMENT OF sioners. Ap Five commispointed by President, by and with, etc. Not more than three from same political party. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That a commission is hereby created and established, to be known as the Federal Trade Commission (hereinafter referred to as the commission), which shall be composed of five commissioners, who shall be appointed by the President, by and with the advice and consent of the Senate. Not more than three of the comsioners shall be members of the same political party. The first commissioners appointed shall continue in office for terms of three, four, five, six, and seven years, respectively, from the date of the taking effect of this Act, the term of each to be designated by the President, but their successors shall be appointed for terms of seven years, except Terms, seven that any person chosen to fill a vacancy shall be appointed only for the unexpired term of the commissioner whom appointed and he shall succeed: Provided, however, That upon the expiration of his term of office a Commissioner shall continue to serve until his successor shall have been appointed and shall have qualified. The commission shall choose a chairman from its own membership. No commissioner shall engage in any other business, vocation, or employment. Any commissioner may be removed by the President for inefficiency, neglect of duty, or malfeasance in office. A vacancy in the commission shall not impair the right of the remaining commissioners to exercise all the powers of the commission. years. Το serve until successor qualifies. Chairman to be chosen by commission. business proRemoval by Pursuit other hibited. President. Vacancy not to of power by impair exercise remaining commissioners. The commission shall have an official seal, which shall Seal judicially be judicially noticed. noticed. Commissioner's salary $10,000. Appointment of Secretary. Sec. 2. SALARIES. SECRETARY. OTHER EM- MISSION. OFFICES. (38 Stat. 718; 15 U.S. C. A., sec. 42.) SEC. 2. That each commissioner shall receive a salary of $10,000 a year, payable in the same manner as the salaries of the judges of the courts of the United States. The commission shall appoint a secretary who shall receive a salary of $5,000 a year,1 payable in like manner, and it shall have authority to employ and fix the comby Commission. pensation of such attorneys, special experts, examiners, clerks, and other employees as it may from time to time find necessary for the proper performance of its duties. and as may be from time to time appropriated for by Congress. Other employees. Salaries fixed Except for secretary, commissioners' clerks, and such special experts and examiners as Commission With the exception of the secretary, a clerk to each commissioner, the attorneys, and such special experts and examiners as the commission may from time to time find necessary for the conduct of its work, all employees of the commission shall be a part of the classified civil servemployees part ice, and shall enter the service under such rules and regulations as may be prescribed by the commission and by the Civil Service Commission. may find necessary, all of classified service. Expenses of Commission allowed and paid on presentation of itemized approved Vouchers. Offices. Auditing of accounts. All of the expenses of the Commission, including all necessary expenses for transportation incurred by the commissioners or by their employees under their orders, in making any investigation, or upon official business in any other places than in the city of Washington, shall be allowed and paid on the presentation of itemized vouchers therefor approved by the commission. Until otherwise provided by law, the commission may rent suitable offices for its use. The Auditor for the State and Other Departments shall receive and examine all accounts of expenditures of the commission.2 1 The salary of the secretary is controlled by the provisions of the Classification Act of 1923, approved March 4, 1923, 42 Stat. 1488. 2 Auditing of accounts was made a duty of the General Accounting Office by the Act of June 10, 1921, 42 Stat. 24. |