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rj*o ..Mr?. .Fitzgerald. FROM! c ?££ REMARKS: Will you please circulate this as per Mr. Eccles1 reply and then return it to this office. http://fraser.stlouisfed.org/ CHAIRMAN'S Federal Reserve Bank of St. Louis OFFICE Sears,Roebuck and Co, Executive Offices Chicago R.E.Wood President July 15, 1936. Hon. M. S. Eccles, Chairman, Board of Governors of the Federal Reserve System, Washington, D. C. Dear Mr. Eccles: letter of on Friday obstacle, is that I bank. Thank you very much for your July 9th. I went down to the bank to take the oath, but ran into one as one of the provisions of the oath should not be a stockholder in any It so happened that in 1932 a bank in Kansas City, my boyhood home, which is run by some old friends of mine, got into difficulty and had to reorganize. To help them out, I put $30,000 into the new bank, now known as the Union Natioial Bank in Kansas City. I am arranging to give this stock to my wife and children so will be able to take the oath this week. You may be sure that I will do what I can to be of service to the Government and to your good self. From July 23rd to August 21st I expect to be on my vacation, but after my return I will be able to go down to Washington and have an opportunity to see you. Very truly yours, July very glad ia&ead to have of Jsly IStfa to which, you Indicate your wllllag2MNi& to director &a& B»^mt^ of the Federal B*senr» Bank, of Cliic^go. It ..t you are dlsposlaf of slmr^s of stock 1B tfee ISaloa Ibtioa&l Bank of Esasas City, Missourif la ord#r tfcftt you eas ^oftllf y oaster eeetloa 4 ©f the Fedlour S X& i s •& eourea ef gr®tltlc?itloa to me. This feellaf is «h».,r*£<S by the otfeer m»b«r» of the Bo^rd of Goverators ^isaw^ wfcoai I elrcoi^ted yo^r letter* flth y to serve in the euthaslastic SeersP Boebuck «ad Co* Chicago, Illinois LC/fgr , 1
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