A. We occasionally have such transactions.
Q. Were most of your branches organised by you, or were most of them other institutions purchased by you?
A. All of them were organised by ourselves.
Q. Is the question of the amount of reserves, either in specie or in bank, regarded as of importance by Scotch bankers?
A. I should think so, though I only know positively my own opinion.
Q. Do you ever buy any shares of railroad or industrial companies?
A. No industrial company shares and only gilt-edged railway stocks.
Q. Do you ever own bank shares?
A. No.