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December 15, 1939. Dear In accordance with cur B — T W t l o « in your on DMMJMr 12* 1939» I today addressed a l e t t e r t o OGiaptroller D«lano» a copy of irfeic::: I s enclosed for jour lnfoHM%loiu K« B, Secretary of th ueceiuDer 14 daar l&r, C<ssptroll«flrt As outlined in ay u m i i m t l o a with you to&ay aiUc of &aeriea t ?*. ?• and S, A* tfi« SMMPI doe© r>ot foel t h a t i t i s fully infor«#d* I&en Goveamor Ransom attended the —ntlai in Secretary KiSBMftlMM*! office i n the Fall a y w ago the At** ousaion m e eo&oertied witii UMP gaeftliMI of the Comptroller of tlie CurreBoy iztetitnting t p«Mt«Alag KBtOT section 30 of tiie Barfic A&t of 1933* In tMM ©iroHUiatai^ces the 3oercif in ViiW of I t i t i o n In ©*aeh a proceeding, did not heliev© t h a t i t i h &» opinion- IB sidvisfusa e i t h e r irpoti t h t s e r l t s of UM charges or as to whether you should tftfct the then masiber® of UM 8Mffi haT» tmderatood t h a t t i a t i o u s iMldag MI tgVMttiai with ra«p#ot t o the G&opti&tt of r e e t i r e is&eaeuree naT# been imd©r way* I r o ^ tim<& to time i t received eonx&ucl cat ions from tbe aMUpHNKt of tl\e fctftk enclosing oopiea of cox^unicatioius MKt to your office. Whilt i t ham bad copies of reports of exaatlnation of the bant taA reeer.tly, a t i t s , 3ms received frm-& your Offlte copies of tmm of the corvltll trie feaxtk, i t Aoec not hsTe • coaiplete piotur© of t2xe alt'ciation from. f W t t l a e ago t ae you Krere advi£ted( the aasageaeet of tiM bonk: MfpMittl and vaa flgjalli an opportijsity to dis condition of the bank froa i t e viewpol&'t inforsealiy i»ith of tlie Board, At t h a t tisae the bank f a repr&aetitatives s t a t e d t k t they w@r© <sotiBifibrins isatlsijRg m reqtwwit t t e t tbe Board* um^er It© s t a t u t o r y a u t h o r i t y , examine the bank. In tit© circumstances th® Board would sppr^ciat# b@iEg IflPM^Mi up to det# for tho pttyNMMi of determining: ^>e%hT i t way be helpfrai i s working oiat tbe s i t u a t i o n of the baak in tise public i n t e r e s t , Sincerely B« Eeclec The Comptroller of lae
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