Sokoloff v. National City Bank

Alfred ft. Page, Referee.

The defendant is a national banking corporation organized under the laws of the United States, and having its principal place of business in the city of New York. A branch of the defendant was opened at Petrograd in Russia pursuant to permission granted by the Federal Reserve Act and by the Federal Reserve Board. Before opening its branch in Petrograd, the defendant was required to and did obtain the permission of the Imperial Government of Russia, the then existing government, to operate the branch, which permission was given in the form of a charter, prescribing “…