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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 judg- 
ments, 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 organiza- 
tion 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 regula- 
tions 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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