Section 30
SEC. 30. If, fromany cause whatsoever, any of the securities specified for the loans provided for in this Act, or accepted by the Reserve Bank as security for loans or discount or rediscount, decline or depreciate in market value as a whole or in part, the said Reserve Bank shall demand additional securities. Upon the failure of the debtor to give such additional securities the Reserve Bank may forthwith declare any such obligation due and payable and demand payment thereof,and upon .three days' notice, or without such notice if necessary, sell, assign, transfer, and deliver the whole of said securities or any part thereof,or any addition thereto, or any other securities or property given unto or left inthe possession of, or hereafter given unto or left in the possession of the said Reserve Bank, for safekeeping or otherwise, or in any bank or corporation controlled by the Government, or in any of its branches, agencies and instrumentalities, at any broker's board, or at public or private sale, at the option of said Reserve'Bank, and at such sale, if public, the said Reserve Bank may itself purchase the whole or any part of the property sold, free from any right of redemption on the part of the obligor.