Title:

[Memorandum Regarding Ownership of Stocks], Box 56, Folder 6, Item 8

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
Save & Share
less

Board of Governors of the Federal Reserve System (U.S.), 1935-. [Memorandum Regarding Ownership of Stocks], Box 56, Folder 6, Item 8, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/467547, accessed on May 19, 2022.

More Information
less

Citing legal precedents pertaining to stock ownership. The cases cited are Hoopes v. Basic Co. and Sabre v. United Traction and Electric Co. et al. The memo may have been prepared in regard to Eccles' sale of his stock in First Security Corporation.

Limited Use