Section 321. Change of location; change of designation of principal office

Any  safe  deposit  company  may  make  a  written  application  to  the
  superintendent  for  leave  to  change its place or one of its places of
  business to any place  at  which  it  could  be  authorized,  under  the
  provisions  of this chapter, to open and maintain a branch office or for
  leave to change the designation of its  principal  office  to  a  branch
  office and to change the designation of one of its branch offices to its
  principal  office.  The  application  shall  state  the reasons for such
  proposed change, and shall be accompanied by  a  copy  of  a  resolution
  authorizing  the  making  of  the  application, certified by a principal
  officer of the safe deposit company to have been adopted by  vote  of  a
  majority  of  its  entire board of directors at a meeting of such board,
  duly convened and held, as well as by a fee as  prescribed  pursuant  to
  section eighteen-a of this chapter. If the proposed place of business is
  within  the  limits  of  the  village,  borough or city if in a city not
  divided into boroughs, in which the  place  of  business  sought  to  be
  changed is located, such change may be made upon the written approval of
  the  superintendent.  If  the  proposed place of business is beyond such
  limits, notice of intention  to  make  such  application,  signed  by  a
  principal  officer of the safe deposit company shall be published once a
  week for two successive weeks in a newspaper to  be  designated  by  the
  superintendent  for  the  purpose,  in accordance with the provisions of
  article two of this chapter.  If  the  superintendent  shall  grant  his
  certificate  authorizing  the change of location, as provided in article
  two of this chapter, the safe deposit company may, upon or after the day
  specified in the certificate, remove its property  and  effects  to  the
  location designated therein.