Salt Lake Telegram | 1923-02-03 | Page 3 | Bil to Restrict Bank Branches

BILL TO RESTRICT BANK BRANCHES No 1 bank loan and anti trust comp company nY or guaranty company will be permitted to establish maintain or open another establishment than Its I principal place of ot business without first having obtained the written approval approval approval ap ap- ap- ap of ot the state bank commissioner r which may be given or withheld at h his bis s discretion and no branch bank maybe roy may say saybe be opened unless the capital of CuI bank or trust company actually YIn P Y- Y paid In shall exceed the amount by this act by the sum of Uthe tf U the bill Introduced by Senator Jen Jen- Jenkins Jenkins kins today it In the senate becomes law taw The n. measure Is known as asbill sen bill No 8 86 c. c 1