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FEDERAL RESERVE BOARD WASHINGTON address official correspondence t o the federal reserve board X-7669 November 3, 1933. SUBJECTi Right of National Banks t o Establish Branches i n California, South Carolina and Tennessee. Dear Sir: For your information there i s inclosed herewith a copy of an opinion of the Acting Attorney General of the United States, rendered under date of October 27, 1933, with respect to the right of a national banking ass o c i a t i o n located in the State of California, South Carol i n a , or Tennessee t o e s t a b l i s h branch banks beyond the l i m i t s of the c i t y , town, or v i l l a g e in which the banking association i s s i t u a t e d . Very truly yours, Chester Morrill Secretary. Inclosure. TO ALL FEDERAL R3SERVE AGENTS.