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Bank o f America N. T. & S. A. % n k i i u Premises Means A c q u i r e d 1. Construction Method o f d e t e r m i n i n g O r i g i n a l Cost o f Banking; Premises __ A c t u a l cost of land.and cost improvements of 2. Purchase o f s t o c k w i t h o u t exam' i n a t i o n and appraisement o f assets. Amount c a r r i e d on books o f s e l l e r , except (a) Where e x t r a o r d i n a r y d e p r e c i a t i o n has been t a k e n by s e l l e r ; (b) Where r e v a l u a t i o n has been j u s t i f i e d by e x t r a o r d i n a r y unearned increment; i n w h i c h event o r i g i n a l cost t o s e l l e r , l e s s reasonable d e p r e c i a t i o n s h a l l be c o n s i d e r e d t o be c o s t ; p r o v i d e d t h a t whenever n e g o t i a t i o n s have been e n t e r e d i n t o w i t h a u n i t e d group o f m i n o r i t y s t o c k h o l d e r s i n w h i c h appraisement o f a s s e t s has e n t e r e d i n t o t h e ^ r i c e f i x e d f o r m i n o r i t y s h a r e s Rule No. 3 w i l l apply. 3. Purchase o f u l t i m a t e c o n t r o l o f s t o c k a f t e r n e g o t i a t i o n s and examination of a s s e t s . Amount s e t t l e d upon a s t h e v a l u e o f t h e b a n k i n g premise i n e f f e c t i n g s a l e . 4. Purchase o f a b u i l d i n g a s a sepa- Amount o f purchase r a t e u n i t whether or not other a s s e t s are i n v o l v e d . price, A l l p r o p e r t i e s t o show d e p r e c i a t i o n f r o m t h e t i m e o f c o n s t r u c t i o n by Bank o f America o r by any o f t h e T/A banks o r companies, o r f r o m t h e t i m e a c q u i r e d .
@FedFRASER