Word: exempted
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...Amendment of the Recovery Act to exempt from its provisions cities of less than 25,000, small businesses employing less than 100 workers...
...similar improvement might be suggested concerning those exempt from English A-1. Since those not exempt receive instruction gratis, if not gratefully, it seems just that those in the former class should be allowed to elect a fifth course in its place if they so desire. The privilege would probably be little used, yet it would be of material assistance to scholarship and needy men, many of whom are exempt from the English requirement. Neither of these changes should entail any serious upheaval at University Hall, yet putting them into effect might help to smooth the rugged way to knowledge...
...case in which under the laws of the State in which it is located a State bank or trust company is not permitted to issue preferred stock exempt from double liability, . . . the Reconstruction Finance Corporation is authorized . . . to purchase the legally issued capital notes or debentures of such State bank or trust company...
...York State banking corporations are not permitted to issue stock, whether common or preferred, exempt from double liability, by reason of Section 7 of Article VIII of the Constitution of the State of New York providing as follows...
...abolish April hours will meet with little opposition. Instructors openly admit that only the necessity for returning a grade at April causes them to sanction this rude interruption of their programs. The liberal attitude of University Hall toward the matter is demonstrated by the decision last year to exempt Senior honors candidates at the discretion of course leaders. A slight push by the Student Council might well send the April hours into oblivion, and administer a suitable coup de grace to a bit of red tape outgrown with the introduction of the concentration plan...