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4 2 1 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD X-5OO3 November 1?, 1927. Subject: Code Word Designating Charlotte Branch, Dear S i r : The Board has been advised by the Federal Reserve Bank of Richmond that i t s Charlotte Branch w i l l be opened f o r b u s i n e s s on Thursday, December 1, 1927ยป Accordingly, the code word "DRAINWELL" has been designated to i n d i c a t e the Charlotte Branch of the Federal Reserve Bank of Richmond, which word should be i n s e r t e d in Page fS of the Federal Reserve Telegraph Code. Very t r u l y yours, J. C. N o e l l , A s s i s t a n t Secretary. TO GOVERNORS OF ALL F. R. BANKS