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162 FEDERAL RESERVE BOARD WASHINGTON March 11, 1924. ADDRESS OFFICIAL CORRESPONDENCE TO T H E FEDERAL RESERVE BOARD X-3993 Subject: Fees in Par Clearance Cases Dear Sir:Referring to Board's letter X-35&6 of November 17, 1922, in connection with the employment of Hon. John W. Davis in all par clearance litigation, there is enclosed herewith a statement of his account, which the Federal Reserve Board has approved. The total amount now chargeable for services and expenses against each Federal reserve bank directly involved is as follows: Atlanta Richmond Cleveland San Francisco $16,064.81 5,137.37 2,512-51 2,508.30 $26,222.99 In accordance with Board's letter X-3626 under date of January 31, 1923, it is requested that each of the above named banks remit to Stetson, Jennings, Russell and Davis, 15 Broad Street, New York City, the amount above indicated, and that each Federal reserve bank reimburse the above named banks with their pro rate, share (based oncapital and surplus as of January l6, 1924) in each instance, which the Board has determined as follows: Due from Boston New York Phi lad elphia Cleveland Richmond Atl anta. Chicago St* Louis Minneapolis Kansas City Dallas San Fraiicisco Atlanta $1,172.73 4,337.50 1,445.33 1,751-07 351.44 642-59 2,216.94 733.93 530-14 674.72 573-33 1.124.54 $16,064.81 Richmond $ 375*03 1,327.09 462.36 559-97 272-28 205.49 703-96 236.32 169.53 215.77 184-95 $5,137.37 Cleveland '$ 133-41 673.33 226.13 273*36 133.16 100-50 346>73 115*58 82-91 105.53 90.45 175.37 #2,512.51 San Francisco $ 183.11 677-24 225-75 273-40 132.94 100-33 346.15 115-38 . 32 >77 105-35 90.30 175.58 #2,503.30 Very truly yours, Enclosure TO CHAIRMEN J. C. Noell Assistant Secretary. OF ALL FEDERAL RESERVE BANKS. New York, February 26, 1984. FEDBBAL HBSBRVB BOARD, Sr. To ±63 Stetson, Jennings, Russell & Davis Counsellors at law, 15 Broad Street For professional services rendered in connection with the Par Clearance Cases, ad fallows: » American Bank & Trust Company v. Federal Reserve Batfg Qf Atlanta: Preparing answer; preparing answers to written interrogatories filed against the defendant; preparing cross-interrogatories on plaintiff's interrogatories addressed to witnesses; taking deposition of Governor Harding on July 22, 1921; trial at Atlanta January 9-14, inclusive, 1922; preparation of brief filed in District Court, February 16, 1922; settling decree at Savannah March 25, 1922; brief and argument in Circuit Court of Appeals, October, 1922; motion to advance in Supreme Court of United States; brief and argument in Supreme Court of United States, April 1925. " i>25,000.00 Farmers & Merchant^ Hftnit nf Monroe. North Carolina. v. Federal Reserve Bqjv Conference February 20, 1922, with Deputy Governor feple and Attorney Wallace; assisting in brief on rehearing before Supreme Court of North Carolina; criticism of re^ly brief to petition for certiorari; preparing motion to advance in Supreme Court of United States; participation in brief and argument in Supreme Court of United States; preparing petition for rehearing in Supreme Court of United States. 5,000.00 Farmers & Merchants Bank of Catlettsburg v. Federal Reserve Bank of Cleveland (two cases, one in equity and one at law) Conference with local counsel of Cleveland bank and criticism of brief in equity case filed in District Court; revising answer filed upon conclusion temporary injunction proceedings; general supervision of the two cases. (This litigation is not yet concluded). e 1 •St* 2.500.00 Brooktegs State y. Federal Reserve Bank of (two eases, one ln equity and one at law). Conference in San Francisco with local attorney; general supervision of the two cases. (This litigation is not yet concluded). 2,500,00 #35,000.00 X-3333a Brought forward %35,000.00 Disbursements. •American Bank & Trust Company v. Federal Deserve Bank of Atlanta: Expenses Washington, D. C. and Atlanta and Savannah, Georgia, Messrs. Davis and Angel1 Expenses ,/ashington D. C. and Atlanta, Georgia, Mr. Davis Printing brief, District Court Printing brief, Circuit Court of Appeals ... Printing brief, Supreme Court of United States Printing motion to advance in Supreme Court, Telegrams, telephones and postage Stenographic services #381.22 181*42 98.90 68.45 104.60 11.95 106.03 112.24 1,064,81 42.15 11.95 73.50 9.77 1 37.37 5.21 7.30 12.51 Farmers & Merchants Bank of Monroe. North Carolina, v. Federal Reserve Bank of Richmond. Expenses Washington, D. C., Mr. Davis Printing motion to advance Printing petition for rehearing ,,,,,, Telegrams, telephones, etc Farmers & Merchants Bank of Catlettsburg v. Federal Reserve Bank of Cleveland (tr:o cases): Telegrams Stenographic services Brookings State Bank v. Federal Reserve Bank of San Francisco (tv;o oases) 8.30 Telegrams Grand total Retainer received January 18th, 1922 in case of American Bank & Trust Company v. Federal Reserve Bank of Atlanta Balance due ^56,222.99 10.000.00 *26,222.99 ^
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