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APPENDIX

Third. Such as shall be conveyed to it in satisfaction
of debts previously contracted in the course of its dealings.
Fourth. Such as it shall purchase at sales under judgments,
 decrees, or mortgages held by the association, or
shall purchase to secure debts due to it.
But no such association shall hold the possession of any
real estate under mortgage, or the title and possession
of any real estate purchased to secure any debts due to it,
for a longer period than five years.

CAPITAL REQUIREMENTS OF NATIONAL BANKS
Section 5138, Revised Statutes, as amended by the acts of March
14, 1900, and February 25, 1927
Sec. 5138. No national banking association shall be
organized with a less capital than $100,000, except that
such associations with a capital of not less than $50,000
may, with the approval of the Secretary of the Treasury,
“6 organized in any place the population of which does
10t exceed six thousand inhabitants, and except that
such associations with a capital of not less than $25,000
May, with the sanction of the Secretary of the Treasury,
de organized in any place the population of which
does not exceed three thousand inhabitants. No such
1ssociation shall be organized in a city the population of
which exceeds fifty thousand persons with a capital of
less than $200,000, except that in the outlying districts
of such a city where the State laws permit the organization
 of State banks with a capital of $100,000 or less,
national banking associations now organized or hereafter
organized may, with the approval of the Comptroller
of the Currency. have a capital of not less than $100.000.

NATIONAL BANKS AS DEPOSITARIES OF PUBLIC MONEYS
Section 5153, Revised Statutes, as amended by acts of March 3,
1901, March 4, 1907, and June 25, 1930
Sec. 5153. All national banking associations, desig-1ated
 for that purpose by the Secretary of the Treasury,
shall be depositaries of public money, under such regulations
 as may be prescribed by the Secretary; and they may
also be employed as financial agents of the Government;
and they shall perform all such reasonable duties, as
depositaries of public money and financial agents of the
Government, as may be required of them. The Secretary
41632°—31—6

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