...said Federal reserve banks. 42 (k) To grant by special permit to national banks applying therefor, 43 when not in contravention of State or local law, the right to act as 44 trustee, executor, administrator, or registrar of stocks and bonds 45 under such rules and regulations...

...Elliott Issues statement that board will fight dec'slon of 111. Supreme Court denying national banks right to act as trustee, executor, administrator, or registrar of stocks and bonds, Dec. 29, 15:4. 194 195 FEDERAL Rubber Mfg. Co.— Controlling interest sold to Flsk Rubber Co. ; BC...

...of stock equal to 6 per cent, of the unimpaired capital and surplus of such bank. desire to continue to act as trustee, executor, administrator or registrar of stocks and bonds, such organization certificate shall, when filed with Comptroller of the Currency, be accompanied by...

...executors" (see Senate, No. 331). This bill is based upon sec. 11, clause (K) of the federal reserve act ' ' To grant by special permit to national banks applying...and regulations as the said board may prescribe." The constitutionality of this provision has been assailed in different states. The supreme court of...

...powers. Among other things : Sec. ii. The Federal Reserve Board shall be authorized and empowered: (k) to grant by special permit to national banks applying...rules and regulations as the said board may prescribe. Whether or not the foregoing provision is constitutional has been the subject of legal discussion in...

...(see Senate, No. 331.) This bill is based upon section 11, clause (K) of the Federal Reserve Act. " To grant by special permit to national banks applying...and regulations as the said board may prescribe." The constitutionality of this provision has been assailed in different states. The Supreme Court of...

...Reserve Act provides : SEC. 11. The Federal Reserve Board shall be authorized and empowered : (fc) To grant by special permit to national banks applying...executor, administrator, or registrar of stocks and bonds, uniler such rules and regulations as the said Board may prescribe. II. Applications. A national bank...

...property offered as security; with the permission of the Federal Reserve Board any national bank may " act as trustee, executor, administrator or registrar...rules and regulations as the said board may prescribe " ; and with the permission and under regulations prescribed by the Federal Reserve Board national...

...authority to make necessary regulations under this Act. General supervision. Permit to national banks to act as trustee, executor, administrator, or registrar of stocks and bonds. Employment of attorneys, clerks, etc., and provision for payment of salaries. IS. Federal advisory...

...or 25 per cent of its capital and surplus. National banks may now be granted permission by the board to act as trustee, executor, administrator, or registrar of stocks and bonds, thus having the rights that have proved in many cases to be of advantage to trust companies organized...