Press Release
Approval of the Notice by the Bank of Nova Scotia
November 28, 1997

NEW YORK—The Federal Reserve Bank of New York Friday approved the notice by The Bank of Nova Scotia, Toronto, Ontario, Canada to acquire Iron Mountain Depository Corporation, New York, New York, and thereby engage in buying and selling bullion, and related activities.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.