File:1927 Rockland Trust board after winning vote on kanagroo banking 10.5 X 8.jpg
Summary
1927: the board of Rockland Trust Company, a bank in Rockland, Massachusetts, celebrates (with a stuffed kangaroo at the table) after winning approval to open a branch in Hull, Massachusetts. The bank's petition to open the branch sparked a state-wide debate over whether to allow "kangaroo banking" (opening branches in non-adjacent towns) The proposal was opposed by Alvin T. Fuller, then Governor of Massachusetts, and Hingham Trust, a bank based closer to Hull. The petition was finally granted by the Massachusetts legislature.
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current | 04:27, 23 May 2022 | 1,468 × 1,169 (890 KB) | Thales (talk | contribs) |
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