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X-4217 Proposed. Hall Amendments t o Section 9ยป H. R. 9387 (McFadden B i l l ) Page 11, l i n e 13, a f t e r the word "located" i n s e r t the following: "and i t s h a l l be unlawful f o r any such a-pplying bank in any s t a t e which does not by law or regulation, at the time of the approval of t h i s Act, permit s t a t e banks or t r u s t companies c r e a t e d by or existing under the laws of such s t a t e , to have branches within the l i m i t s of municipalities in such s t a t e , to become such a stockholder of such Federal Reserve Bank except upon condition that such applying bank relinquish a.iy branches which i t may have established subsequent to the approval of t h i s Act". Page 11, l i n e 23, a f t e r the word "thousand" i n s e r t the following: "and PROVIDED f u r t h e r t h a t i t shall be unlawful for any such member bank to e s t a b l i s h a branch within the l i m i t s of the municipality where such bank i s located, in any s t a t e which does not by law or regulation, at the time of the approval of t h i s Act, permit s t a t e banks or t r u s t companies created by or existing under the laws of such s t a t e to have branches within the l i m i t s of such municipali t i e s in such s t a t e . "
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