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APPENDIX 
their branches which may have been in lawful operation 
by any bank at the date of the approval of the Act. 
(c) A national banking association may, after the date 
of the approval of this Act, establish and operate new 
ranches within the limits of the city, town, or village in 
which said association is situated if such establishment 
ind operation are at the time permitted to State banks 
by the law of the State in question. 
(d) No branch shall be established after the date of the 
Approval of this Act within the limits of any city, town, 
IT village of which the population by the last decennial 
lensus was less than twenty-five thousand. No more 
than one such branch may be thus established where the 
population, so determined, of such municipal unit does 
10% exceed fifty thousand; and not more than two such 
branches where the population docs not exceed one 
hundred thousand. In any such municipal unit where 
the population exceeds one hundred thousand the deter- 
ination of the number of branches shall be within the 
liscretion of the Comptroller of the Currency. 
(¢) No branch of any national banking association shall 
be established or moved from one location to another 
without first obtaining the consent and approval of the 
Comptroller of the Currency. 
(f) The term “branch” as used in this section shall be 
held to include any branch bank, branch office, branch 
agency, additional office, or any branch place of business 
located in any State or Territory of the United States or in 
the District of Columbia at which deposits are received, 
or checks paid, or money lent. 
(g) This section shall not be construed to amend or 
repeal section 25 of the Federal Reserve Act, as amended, 
authorizing the establishment. by national banking asso- 
“lations of branches in foreign countries, or dependencies, 
or insular possessions of the United States. 
(h) The words “State bank,” “State banks,” “bank,” 
or “banks,” as used in this section, shall be held to include 
trust companies, savings banks, or other such corporations 
or institutions carrying on the banking business under 
the authority of State laws. 
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