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BOARD OF GOVERNORS
OF" THE

FEDERAL RESERVE SYSTEM

R-853

WASHINGTON

ADDRESS OF"F"ICIAL CORRESPONDENCE
TO THE BOARD

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July 3, 1941

Dear Sir:
There is enclosed a cop,y of a letter, dated
.Tune 27, 191,1, which the Board has received from the
Treasury Departmont, transmltting a. copy of Report
No. 709 of the House of Representntiv3s, dated June
2, 1941, with respect to the destruction of certain

Fiscal Agenqy records, and a form for reporting to the
Treasury Archivist the disposition made of the records
on the list.
Any

questions regarding the disposition of

the useless r1Jcords should be taken up with the Treas1U'Y

Department.

S. R. Carpe tor,
Assistant Secreta...ry.
Enclosures
(House of Representatives Roport sent only with
addressed c;opi<:1S)

TO


THE PRESIDEN'rS OJi' ALL FEDERAL RESERVE BANKS

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R-853-a

TREASURY DEPAR.TMENT
Washington
June 27, 1941

AUTHORIZATION FOR THE DISPOSITION
OF USELESS RECORDS
TO:

Board of Governors of the Federal Res0rve System
Attention: Division of B~nk Operations

Pursuant to the terms of the act of August 5, 1939, concerning the disposition of certain reeords of the United Sta.tes Government, permission has been gr&.ntc~d in House Report No. 709, 77th
Congress, lst Session, dated JmlC 2, 1941, for the disposition of
the records described in the following list of useless papers:
Federal Reserve Banks as Fiscal Agents - Form A October 24, 1940
Unde1~ the terms of section 5 of the act of
August 5, 1939,
disposition may be made ~~ one of the following methods:

(a)

By sale, upon the best obtainable terms after due

(b)
(c)

ISt causing them to be destroyed;
By transfer (without CO'::t to the United States Gov-

publication of notice inviting proposals therefor;
ernment) to any State o:c depeadency of the United
States of Arnerica or to a.ny appropriate educational
institution, library, museum, historical, research,
or patriotic organization therein, that has made
application ->,:-l* therefor, through the Archivist of
the United States.
You are hereby instructed to dispose of the records described
in the list referred to above, b.r one of the methods indicated in the
preceding paragraph. Records containing confidential information should
not be disposed of by sale as waste paper unless their character as records has been destroyed, hor should they be transferred to another institution without the consent of the Administrative Assistant to the
Secretary.
If records are to be transferred to another institution pursuant to an application received through the Archivist of the United
States, arrangements for such transfer t:Jhould be made through the
Treasury ~xchivist.




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R-853-a

If records are to be sold, a separate account should be
kept of the cost of the sale and-the amount of the v~chase price
received, and the mone,ys derived,from the sale should be paid into
the Treasury of the United' States.
A report of the disposition of the records on the list
indicated above should be made on the attached form in duplicate,
and should be submitted to the Treasury Archivist not later than
August 15, 1941.

, {Signed) c. R. Scnoenema,n
:Acting Administrative Assistant
to the Secretary

..

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R-853-b
REPORT OF THE DISPOSITIQN OF USELESS F.ECORDS

To the Treasury Archivist:
The records described in the follO'wing list:
Federal Reserve Banks as Fiscal Agents - Form A
October 24, 1940
approved for di::;position by authority of House Report No. 709, 77th
Congress, 1st Session, dated June 2, 1941, have bf.;en disposed of by
the following method (except as indicated under the item "Remarks"
below):
_

B".r sale :

Cost of sal0:
Purchase Price:

B<J destruction:

By transfer to

(Indicate manner of destruction)
--------(.,..n_a_n-te,_o_f_'_i_n_s-ti, tu tion)

(post-office address)

Date of disposition:
Remarks:

Field Office Form




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