This section is from the book "Banking Principles And Practice", by E. L. Stewart Patterson. Also available from Amazon: Banking Principles And Practice.
The Bank Act permits banks to own real estate and erect buildings for the purposes of their business. It has always been a question as to whether banks have the right to erect a building and rent any part not required for banking purposes. The question is not a serious one and should be left to the banks themselves.
 
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