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mcoFAiromiFOR

dr, wxllis

Referring to the attached me a:c-rand urn
you herewith an outline of the pcipts which it
to have considered in the examination of trust
national banks, and also suggestions as tc the

I beg to hand
would be well
departments cf
forms to be used.

The Banking Department of the State of New York in
its examination of trust departments uses no special forms.
At the Conclusion of the examination which is a thorough'one,
examiner reports simply that the "trust department has been
examined and then securities on hand have been found to agree
with the records, and he attaches thereto a memorandum of
criticisms and suggestions.
On the other hand the State, cf Massachusetts audits
trust departments and use a very complete set of forms. A
set of these forms as on file in the Division of Audit and
Examination and will be available at any time.
Respectfully,

J. A. BRODERICK

Dated, March 11, 1915.




Approved by
FEDERAL RESERVE BOARD'