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Ipstructions regotiing gpl!cations.
When an application is made requesting.. the opinion of the Capital
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Issue*

Committee with regard to a proposed issue, a record of issue ~h'all be made out ill

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duplicate, numbered and presented ~ith the file to the Advisort Committee, whose
votes will refer to the issue by name and rn~ber of the appliciltun..

The ~eoord

blanks ~ill be retained -with the "tile until the Advisory Committee l"eo't~$-tta ~ctio:1
·by the Capital Issues Committee.

~he vote of the Advisory Committee makhg ~ch

reco~endation will expr-ess briefly the rea.Son:s..- for their action, which iUl be .
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copied ·on the record
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~d ~~bmitted
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io the Capital Issues Committee.

One copy

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the record of issue -w~ll be ret'a.ined by the Capital Issues Committee, and the other
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1tept in the Ule of the Aclvis~rY Committee.
When aa issue has been. p~sed .. tol" u.vbl-a.ble ~pihion, but the necessary d-escription is incomplete,.·.·.a preU.mlha.ry letter wUl be sent by the Advisory Collilllittee
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stating that the Opin.iQp or the Capital Issues Committee will be sent upon l"eeeipt
of the proper description .. :· .
fhe blanks are not to .:be used in cases of

inq~iry

or in other cases when not

appropriate•
A sepat'ate .list shall be kept of pendi!t lppliead.on$ for ready reference •
. Copies

6f the r-.ecord 'blanks. should be sen~ to all sub-comm.ittees, -who -will

find them convenient in ·sending for·Rard necessary information.
When final action .is tekea, a copy of the completed record. should. be sent to
the sub.... commlttee. which has atted thereon. ·




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