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April IS, 1957 Mr. A. P. Gianaxiii The Breaker# Pal* Bejch, Florida Bear Mr. Gianainis 1 have yours of April 7th and an very glad to note that you will cose to Washington following the A.B.A. Executive Council neetin^ at Hot Springs. I have noted that this aeeting will be held froa April 18th to 21st so that I shall expect to see yon here Ground the 22nd or 23rd. Without any commitment mi your part, please confirm this date so thst 1 can have ay calendar free for your convenience as to our luncheon. Mr. Collins was in yesterday noraiag to discuss the ques tion of a permit for the Bank of Aneriea’s special stockholders* neeting. After discussing the problea I took hia in to see Mr. McKee sad we had a very satisfactory visit. Mr. *c£ee assured Mr. Collins in no uncertain terns that a perait of one kind nr the other (general or United} will be available in tiae for the said stockholders* meeting. While I have been soaewhut surprised to learn of year plans for divesting Transeaerica and the interaediate holdtog com panies of the coaircl of all bank stocks owned, I can, of coarse, perceive naaerons «, -vantages in so doing. At the sane tiae I doa't doubt that there are soae disadvantages. I trust that we will find tiae to go into this as it is no doubt a vary interesting story and I an sure mj chief, if he is free oa the day yen cose here, would be glad to hear all about it* With kiadest regards, I aa Tours siacarely, LC/fgr Lawrence Clayton TH E COMPANY WILL A PPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING ITS SERVICE 1201-S WESTERN U N IO N C l a s s o f S e r v ic e T h is is a full-rate Telegram or Cable gram unless its de ferred character is in dicated by a suitable symbol above or pre ceding the address. n_ _ _ _ _ _ _ _ _ _ _ r R. B. W H IT E P R E S ID E N T NEWCOM B CARLTON CH A IRM A N O F T H E BOARD J. C . W IL L E V E R F IR S T V IC E -P R E S ID E N T SYM BO LS DL —Day Letter SER «* Serial NM = Night Message NL = Night Letter CDE = Code Cable LC = Deferred Cable NLT = Cable Night Letter Ship Radiogram T he filing tim e shown in the date line on telegrams and day letters is STA ND A RD T IM E a t point of origin. Time of receipt is STA ND A RD T IM E a t poiijt of d&gination. Received at r 1957 APR 19 PM 3 .57 2wumr 50 DL AH Hot Springs Ark, 130 pm Apr 19 Lawrence Clayton Board of Governors Federal Reserve SystemWould appreciate it if will change my date with you and Governor McKee if he is still desirous of seeing me re permit to twenty ninth inst. on which date shall 'phone you on arrival for luncheon appointment Shall assume it okeh if don’t hear from you here Wannest regards. A F Gianninl 359pm http://fraser.stlouisfed.org/ W ESTERN UNION MESSENGERS ARE AVAIIABLE FOR T H E DELIVERY OF NOTES AND PACKAGES Federal Reserve Bank of St. Louis April 19, 1937 Mr. A. P. Glaaoiai Arlington Hottl Hot Springs, ^drkaasas Dear Hr. Giannini: This will acknowledge ycmr telegraa of today wlUch advised tb.-»t you sill take lunch with ae an the £9th of April instead of earlier ar. previously antip.it«d. Talc is entirely convenient for ae aad I shall therefore expect to aaar fro® you by phone during the foreaooa of taat day. Hegardin£ the appoiataant with Governor Xc£.ec respecting the voting peralt, we are advised that notices have been aailed out by the Beak of Aaerica for a special stockholders1 asatiag on the 28th of April <*wi it Is « peeled of course that the Beard eili israe & peralt either general or Halted, prior to the date of each aeeting. Therefore the 2£th woulu be too late a date to disease the teras or ecndltioos oader saieh the lssaaace of the peralt should be authorised. However, It say well bo that yea had ia aiad discussing the interpretation of such teras sod conditions, for *hi«h parpoeo the later data would bo satlraly if|Nprtat«« Sr. Melee la oat of the affloa this afteraaoa bat 1 shall cheek with hia tnanrrow regarding the 29th sad shall advise you if that date Is sot coavealeat to his. With bast wishes sad kindest regards, I sa Ioars slaearaly, I*C/fgr Lasr asca Claytoa April 23, 1937 Dear Ur* Clacton: 1 am planning to leave here Thursday the 29th inst. at 7*30 A.M. arriving there at 11:40 A.M. and will go directly to the Willard hotel from which place 1 will 'phone you regarding * luncheon appointment. Anticipating the pleasure of seeing you at that time, and with warmest regards, I am lours A. P. Giannini Chairman of the Board. P«S. on account of Daylight Saving Time going into effect next week have checked with the railroad and find the first train leaves 7:05 A.M.Standard Time instead of 7*30 A.M.-so will arrive there lltl5 A.M. instead of 11*4-0 as stated above. Bon. Lawrence Clayton Executive Assistant to Hon. Mariner S. Eccles, Chairman of the Board of Governors of the Federal Reserve System Washington, B.C.