Credit Bank and the cash capital so paid over to the several State
associations, as provided in the preceding section, shall become the
absolute property of the National Land Credit Bank, and of such State
associations, as completely and absolutely as if the same amount had
been paid directly to them for stock issued. For the amount of money so
received by the National Land Credit Bank and the amount so received
by the State association from the local associations the said National
Land Credit Bank and the several State associations shall issue their
several receipts in such legal form as to entitle them to a pro rata
share of the assets of the said National Land Credit Bank and the
several State associations upon the distribution thereof, subject,
however, to the claims of all holders of the obligations of whatsoever
kind issued and outstanding of the National Land Credit Bank.