BRENT SPENCE, Kentucky, Chairman CLARENCE E. KILBURN, New York GORDON L. McDONOUGH, California WILLIAM B. WIDNALL, New Jersey EDGAR W. HIESTAND, California PERKINS BASS, New Hampshire PAUL A. FINO, New York FLORENCE P. DWYER, New Jersey EDWARD J. DERWINSKI, Illinois SEYMOUR HALPERN, New York WILLIAM H. MILLIKEN, JR., Pennsylvania ROBERT L, CARDON, Clerk and General Counsel ROBERT R. POSTON, Counsel SUBCOMMITTEE No. 2 PAUL BROWN, Georgia, Chairman EDGAR W. 'HIESTAND, California EDWARD J. DERWINSKI, Illinois II CONTENTS Page 49 69 47 59 H.R. 6092. A bill to amend the lending and borrowing limitations ap- plicable to national banks, and to authorize the appointment of two additional Deputy Comptrollers of the Currency. Section-by-section summary of H.R. 6092. H.R. 6093. A bill to amend the national banking laws to clarify or elim- inate ambiguities, to repeal certain laws which have become obsolete, Section-by-section summary of H.R. 6093. Chamber of Commerce of the United States. Coffin, Hon. Frank M., a Representative in Congress from the State of Gidney, Ray M., Comptroller of the Currency, accompanied by L. A. Jennings, Deputy Comptroller, and Roy T. Englert, General Harrington, Harry F., president, Boatmen's National Bank, repre- senting the American Bankers Association.- the National Association of Real Estate Boards American Bankers Association; accompanied by J. O. Brott, general counsel; and Charles McNeill, assistant general counsel. - McIntire, Hon. Clifford G., a Representative in Congress from the Mitnick, Carl T., president, National Association of Home Builders-- Oliver, Hon. James C., a Representative in Congress from the State of The Board of Governors of the Federal Reserve System. poration; accompanied by Erle Cocke, Director; Neil G. Greensides, assistant to the Chairman; and Royal Coburn, General Counsel.... Additional data submitted to the subcommittee by- Clauson, Hon. Clinton A., Governor, State of Maine, letter of April 21, Clough, Fred A., Jr., commissioner, Department of Economic De- velopment, State of Maine, letter of April 16, 1959, to Hon. Paul Coffin, Hon. Frank M., letter of April 27, 1959, to Hon. Paul Brown.. Data concerning bonds of the Comptroller and the Deputy Comp- Federal statutory limitation of liability of any person, partner- ship, or company to a national bank State statutory limit of liability of any person, partnership Federal statutory lending limitations on loans made by national banks secured by a first lien on real property-- State statutory lending limitations on loans made by State banks secured by a first lien on real property. Letter of June 5, 1959, to Hon. Paul Brown, in regard to statement of Board of Governors of the Federal Reserve System -- Legality of declaration and payment of dividends- Recommendations for technical changes in H.R. 6092. Lane, Carleton G., chairman, Maine Industrial Building Authority, letter of April 22, 1959, to Hon. Paul Brown - Morrow, Robert F., New Orleans, La., letter of May 13, 1959, to 37 |
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