tinue to perform its function until final action is taken on the application. Third, when it comes to the imposition of rules and regulations, particularly as to compatibility, machinery and transfer agent functions, it should be remembered that there are large transfer agents and small transfer agents, and that a rule or regulation acceptable to a large transfer agent might be impossible for a small transfer agent economically or practically. Fourth. In establishing a standard form or format for a certificate, it should be remembered there are large issuers and small issuers and large transfer agents and small transfer agents, and that any form or format must be feasible, economically and practically, for all of them. Our Canadian director, Mr. Bruce B. Upshall of Canada Permanent Trust Co., would like me to state that he recognizes the intention of section 13 in respect of the extra territorial application of the proposed act. He would like the opportunity to give his comments at an appropriate time to the subcommittee on securities through the Stock Transfer Association, Inc., upon the rules prescribed by the Commission because those rules might unintentionally affect Canadian tranfer agents and registrars of shares of U.S. companies traded on stock exchanges in Canada, and Canadian companies whose shares are traded on stock exchanges in the United States having transfer agents and registrars in New York, Boston, Chicago, and other U.S. cities. If this committee considers it helpful, we will be glad to elaborate on any of the material presented. Thank you, Senator. (The directory of members, certificate of incorporation, and bylaws follow :) New York, N.Y. New York, N.Y. Birmingham, Ala. Albuquerque, N. Mex. Montreal, Que., Canada New York, N.Y. New York, N.Y. San Francisco, Calif. Indianapolis, Ind. American Express International Banking Corp----- American National Bank & Trust Co. of Michigan, The_- American Security & Trust Co----- American Stock Exchange. American Stock Exchange Clearing Corp American Stock Transfer Corp----. American Stock Transfer, Inc---- American Telephone & Telegraph Co---. Armco Steel Corp----. Ashland Oil, Inc--- Chicago, Ill. Kalamazoo, Mich. Petersburg, Fla. Washington, D.C. New York, N.Y. New York, N.Y. New York, N.Y. New York, N.Y. Atlantic National Bank of Jacksonville, The- Bangor Punta Corp----- Miami, Fla. Salt Lake City, Utah Jacksonville, Fla. Bank of America National Trust & Savings Association----- Los Angeles, Calif. THE STOCK TRANSFER ASSOCIATION, INC.-Continued Alphabetical Directory of Association Members Bank of America National Trust & Savings Association____ San Francisco, Calif. Bank of California, N.A.......... Bank of California, N.A., The.. Bank of Delaware--. Bank of Indiana, National Association_-_ Bank of Montreal Trust Co---- Bank of New Jersey, The‒‒‒‒‒ Bank of New York, The- Bank of Nova Scotia Trust Company of New York.. Bank of The Commonwealth__. Bank of the Southwest National Association__ Bankers Trust Co-----. Barnett First National Bank of Jacksonville.......... Bendix Corporation Executive Offices, The_. Birmingham Trust National Bank___. Bishop Trust Company Ltd__ Boston Safe Deposit & Trust Co----- Bradford Shareholder Services, Inc-- Business Men's Assurance Company of America-- Canada Permanent Trust Co-_-_ Canada Permanent Trust Co.. Los Angeles, Calif. San Francisco, Calif. Wilmington, Del. Gary, Ind. New York, N.Y. Camden, N.J. Montreal, Que., Canada Ottawa, Ontario, Canada St. Paul, Minn. Kansas City, Mo. Montreal, Que., Canada Toronto, Ontario, Canada Toronto, Ontario, Canada Montreal, Que., Canada New York, N.Y. Montreal, Que., Canada Denver, Colo. --Durham, N.C. Allenhurst, N.J. Chicago, Ill. Cleveland, Ohio Richmond, Va. Philadelphia, Pa. -Cincinnati, Ohio -Rochester, N.Y. -Burbank, Calif. New York, N.Y. New York, N.Y. ---Chicago, Ill. Cincinnati, Ohio New York, N.Y. -Atlanta, Ga. Louisville, Ky. -Los Angeles, Calif. Kansas City, Mo. Detroit, Mich. Cleveland, Ohio Cleveland, Ohio Denver, Colo. Kansas City, Mo. Kansas City, Mo. Nashville, Tenn. Salt Lake City, Utah Jersey City, N.J. Chicago, Ill. New York, N.Y. Hartford, Conn. THE STOCK TRANSFER ASSOCIATION, INC.-Continued Alphabetical Directory of Association Members Consolidated Edison Company of New York, Inc.. Consolidated Natural Gas Co.. Consumers Power Co--- New York, N.Y. New York, N.Y. Jackson, Mich. Continental Illinois National Bank and Trust Company of Chicago Chicago, Ill. Continental Stock Transfer Co---- Crocker-Citizens National Bank.. Deer Valley Transfer Co‒‒‒‒‒ Deposit Guaranty National Bank- Detroit Stock Clearing Corp. E. S. E. Stock Transfer Corp--- Farmers Bank of the State of Delaware_ Federated Banknote Co----. Fidelity Bank, The___. Fidelity Union Trust Co-‒‒‒‒ Fifth Third Bank, The--‒‒‒ Finserv Computer Corp--- Firestone Tire & Rubber Co---. First American National Bank of Nashville_ Jersey City, N.J. New York, N.Y. Los Angeles, Calif. San Francisco, Calif. Montreal, Que., Canada Toronto, Ontario, Canada Kansas City, Mo. First National Bank and Trust Company of Tulsa, The_-. First National Bank at Orlando___ First National Bank in Dallas.. First National Bank in St. Petersburg, The_ First National Bank of Arizona__. Phoenix, Ariz. Philadelphia, Pa. Wilmington, Del. Jackson, Miss. Baltimore, Md. Detroit, Mich. Detroit, Mich. Detroit, Mich. New York, N.Y. Youngstown, Ohio Wilmington, Del. Boston, Mass. Baltimore, Md. Rockville Centre, N.Y. Dallas, Texas Wilmington, Del. New York, N.Y. Philadelphia, Pa. Newark, N.J. Cincinnati, Ohio Schenectady, N.Y. Akron, Ohio Nashville, Tenn. Richmond, Va. Raleigh, N.C. Houston, Tex. Jersey City, N.J. Kansas City, Mo. Tulsa, Okla. St. Petersburg, Fla. Boston, Mass. Denver, Colo. Jacksonville, N.C. Baltimore, Md. Portland, Oreg. Pleasantville, N.J. New Haven, Conn. THE STOCK TRANSFER ASSOCIATION, INC.-Continued Alphabetical Directory of Association Members First Pennsylvania Banking and Trust Co. The_-_. First Trust Company of Saint Paul__. First Union National Bank of North Carolina__ First Valley Bank, The__ First Western Bank and Trust Co. First Wisconsin Trust Co Ford Motor Co____ Fort Wayne National Bank_ Fort Worth National Bank, The_. Frost National Bank_. General Electric Co-‒‒‒‒ General Motors Corp.. General Tire & Rubber Co., The- General Trust of Canada__ Georgetown & Co Girard Trust Bank.. Group Securities, Inc. Guaranty Bank and Trust Co--- Guaranty Trust Company of Canada.... Hartford National Bank & Trust Co.. Health Industries, Inc___ Houston National Bank___ Illinois Bell Telephone Co---. Illinois Stock Transfer Co--- Imperial Oil Limited-- INA Corporation____ Indiana National Bank___ Industrial National Bank of Rhode Island_. Industrial Valley Bank and Trust Co----International Business Machines Corp-International Telephone & Telegraph Corp.. Interstate Brands Corp‒‒‒‒ International Transfer Co., Inc__ Interstate Life & Accident Insurance Co-- Investment Companies Services Corp‒‒‒‒ Investment Data Corp- Investors Diversified Services, Inc. Iowa-Des Moines National Bank_ Iowa Public Service Co----. Irving Trust Co____ Israel Discount Trust Co---. J. C. Penney Co., Inc___ Johnson & Higgins.. Kentucky Central Life Insurance Co.. Kings Lafayette Bank_ La Salle National Bank_ Lexington Management Corp- Liberty National Bank and Trust Company of Oklahoma City, The_ Liberty National Life Insurance Co. Lincoln Rochester Trust Co. Litton Industries, Inc____ THE STOCK TRANSFER ASSOCIATION, INC.-Continued Alphabetical Directory of Association Members Marine Midland Trust Co. of Rochester__ Marine Midland Trust Company of Western New York....... Marine National Exchange Bank_. Maryland National Bank.. McDonnell Douglas Corp-- McLean Trucking Co-- Mellon National Bank and Trust Co.. Mercantile Bank & Trust Co___. Mercantile National Bank at Dallas__. Merchants National Bank & Trust Co.. Michigan Bank, National Association__. National Bank of Washington, The_ National Boulevard Bank of Chicago_. National Central Bank____ National City Bank of Cleveland. National Commercial Bank & Trust Co., The_-. National Savings and Trust Company-. Northern States Power Co- Northern Trust Co----- Northwestern National Bank of Minneapolis. Dallas, Tex. Portland, Maine Buffalo, N.Y. New York, N.Y. Detroit, Mich Findlay, Ohio New York, N.Y. Rochester, N.Y. Buffalo, N.Y. Milwaukee, Wis. Baltimore, Md. St. Louis, Mo. Winston-Salem, N.C. Pittsburgh, Pa. Kansas City, Mo. Dallas, Tex. -Toronto, Ontario, Canada Chicago, Ill. New York, N.Y. Montreal, Que., Canada Toronto, Ontario, Canada New York, N.Y. --Denver, Colo. El Dorado, Ark. Dallas, Tex. -Detroit, Mich. New York, N.Y. Washington, D.C. -Chicago, Ill. Reading, Pa. -Cleveland, Ohio Albany, N.Y. Washington, D.C. Toronto, Ontario, Canada -Austin, Tex. Boston, Mass. Boston, Mass. Ithaca, New York New York, N.Y. Charlotte, N.C. LaGrange, Ill. Omaha, Nebr. Minneapolis, Minn. Chicago, Ill. -Minneapolis, Minn. --Toledo, Ohio |