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a meeting of the Executive Committee of the
Federal deserve Board held in the office of the Governor on Tuesday, July 3, at 3.15 p.m.,
PRESENT:
Mr. Harding,

LIr.

Mr. Delano,

Lr.vdllis, Secretary.

.rbarg,

Governor Harding st%ted that the purpose of the
meeting was to pass upon applications for trustee powers,
action on which had been delegated to the Executive Committee at the morning meeting of the Board.

Upon recom-

mendation of the ',;sommittce on Trustee Powers,action upon
pending applications were accordingly taken as follows:
Full powers were granted to the following in*..titutione:
First 'National Bank, Philadelphia, Pa.
It
t?
Clarksburg, W.Va.
Union
If
It
Casper, ';iyoming.
Casper
19
Colfax, ';iashington.
Farmers ?I
•

The following applications were ordered held

pending the receipt of further information as to the condition of the banks affected.
National Bank of Decorah, Decorah, Ia.
Phillipsburg National Bank, Phillipsburg, N.J.
First National Bank, Medford, Oregon.
Jefferson City, Mb.
11
Prineville, Oregon.
On motion at 3.10 p.m. the Committee adjourned.
iiPPROVLD:
Secretary.
Chairman.