Ogden Standard-Examiner | 1927-02-16 | Page 7 | Banking Bill is Passed by Senate

BANKING BILL IS PASSED BY SENATE I WASHINGTON Feb 16 COy It ByThe The Tho Associated A Pre Final Press s congressional action on the long pending McFadden branch bank bank- bankIng banking ing log bill was taken today by the senate I The bill now goes to President Coolidge who is expected to sign lit it It grants crants perpetual charters charter to the federal reserve banks bank restricts branch banking banking- by national banks to the limits limit of tho city town or county In which located and per per- permits permits per permits mits such banking only In those states slAtes which allow state banks to have havo branches