...creating national banks. The legislature has not declared that national banks in this State shall not have the right "to act as trustee, executor, administrator, or registrar of stocks and bonds." US Comp. Stat. 1913, § 9794 (k) (38 US Stat. 262). And I do not find in Brother BROOKE'S opinion reference...

...Federal Reserve act provides that the Federal Reserve Board created by the act may grant special permits to national banks applying therefor, when not in contravention of State or local law, to act as trustees, executors, administrators or registrars of stocks and bonds, under such rules and...

...1913, establishing the Federal Reserve Board (38 Stat. 251, 262, c. 6), gives to that board authority "To grant by special permit to national banks applying...and regulations as the said board may prescribe." The First National Bank of Bay City having obtained the certificate required began the exercise of...

...Reserve Act. — Where the legislature has not declared that national banks shall not in Michigan have the right to act as trustee, executor, administrator, or registrar of stocks and bonds, no state law is contravened by National Bank Act June 3, 1864, nor because a corporation exercises...

...giving authority to Federal Reserve Board by Act Dec. 23, 1913, 5 11 (k), to grant to national banks right to act as trustee, executor, administrator, or registrar of stocks and bonds. — First Nat. Bank of Bay 'City v. Fellows ex rel. Union Trust Co., U. & SC, 37 S. Ct. 734. 10. Overdraft....

...Act, dated Sept. 26, 1918, § 2 (*), provides (Barnes's Federal Code Supplement, 1921, page 395) : " To grant by special permit to national banks applying...or local law, the right to act as trustee, executor or administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee...

...another, and Federal Reserve Act Dec, 23, 1913, c. 6, § Ilk, 38 Stat. 262, authorizing the reserve board to grant by special permit to national banks applying...and bonds under such rules and regulations as the state board may prescribe, the action of the probate court in denying a petition for appointment as...

...Federal Reserve Board, authority is given the board to grant to any national bank applying for it, and "when not in contravention of state or local law," the right to act In various enumerated capacities, including that of guardian of an estate, "or in any other fiduciary...

...2 Section ir (K) 3 by which the Federal Reserve Board is empowered " to grant, by special permit to banks applying therefor, when not in contravention...and regulations as the said board may prescribe," has been declared by the Supreme Court of Illinois to be unconstitutional. People \. Brady, 271 111....

...gives to that Board authority "to grant by special permit to national hanks applying therefor, whea not In contravention of State or local law, the right...and regulations as the said board may prescribe." National banks In Pennsylvania exercising such powers are subject to, and must comply with, the requirements...