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AUTHORITY OVER THE TRUST POWERS OF NATIONAL BANKS AND NATIONAL
COMMITTEE ON BANKING AND CURRENCY. HOUSE OF REPRESENTATIVES
EIGHTY-SEVENTH CONGRESS
SECOND SESSION
ON
H.R. 12577
A BILL TO PLACE AUTHORITY OVER THE TRUST POWERS OF NATIONAL BANKS IN THE COMPTROLLER OF THE CURRENCY
AND
H.R. 12825
A BILL TO AMEND SECTION 5155 OF THE REVISED STATUTES RELATING TO BANK BRANCHES WHICH MAY BE RETAINED UPON CONVERSION OR CONSOLIDATION OR MERGER
(H.R. 12825 SUPERSEDED BY H.R. 12899)
COMMITTEE ON BANKING AND CURRENCY
BRENT SPENCE, Kentucky, Chairman
R.V.S. 105620
HEARINGS
CONTENTS
H.R. 12577. A bill to place authority over the trust powers of national
banks in the Comptroller of the Currency -
H.R. 12825.
A bill to amend section 5155 of the Revised Statutes relating
to bank branches which may be retained upon conversion or consolidation
or merger.
Statement of-
Cocke, Hon. Erle, Sr., chairman, Federal Deposit Insurance Corpora-
tion_...
Gunther, Frank A., on behalf of the American Bankers Association___
Myers, Hon. Robert L., Jr., secretary of banking of the State of
Pennsylvania, representing the Association of State Bank Super-
visors
Saxon, Hon. James J., Comptroller of the Currency.
Solomon, Frederic, director, Division of Examinations, Federal Reserve
System...
Additional data submitted to the subcommittee by-
Spence, Hon. Brent:
Section 584 of the Internal Revenue Code..
The Independent Bankers Association, Sauk Centre, Minn., letter
of Howard Bell, secretary, dated August 13, 1962.