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FEDERAL RESERVE BOARD WASHINGTON X-32S8 December 29, 1921 SUBJECT* Oaths of D i r e c t o r s and O f f i c e r s of F e d e r a l Reserve Banks« Dear S i r : There appears t o b e some u n c e r t a i n t y on t h e p a r t of some of t h e F e d e r a l Reserve Banks as t o the Board *s p r a c t i c e w i t h r e f e r e n c e t o o a t h s of d i r e c t o r s and o f f i c e r s of F e d e r a l Reserve Banks» I t i s t h e Board *s p r a c t i c e t o r e q u i r e a l l d i r e c t o r s of F e d e r a l Reserve Banks, a l l d i r e c t o r s of F e d e r a l Reserve Branch Banks, a l l F e d e r a l Reserve Agents, and a l l A s s i s t a n t F e d e r a l Reserve A g e n t s , whether l o c a t e d a t F e d e r a l . Reserve Banks o r F e d e r a l Reserve Branch Banks, t o e x e c u t e o a t h s of o f f i c e when they e n t e r upon t h e i r o f f i c i a l d u t i e s . Whenever t h e term of o f f i c e of a d i r e c t o r , F e d e r a l Reserve Agent or A s s i s t a n t F e d e r a l Res e r v e Agent e x p i r e s and t h e same p e r s o n i s r e a p p o i n t e d he s h o u l d e x e c u t e a new oath* A l l such oaths s h o u l d "be executed i n w r i t i n g on t h e forms p r e s c r i b e d "by t h e F e d e r a l Reserve Board and should be promptly f o r w a r d e d t o t h e Board f o r filing* Very t r u l y y o u r s , W a l t e r L. Eddy, Assistant Secretary* CHAIRMAN OF ALL FEDERAL RESERVE BANKS.
@FedFRASER