Full text of Mimeograph Letters and Statements of the Board : Letter From Fiscal Agent Foulk re Transfer of Portion of Assessments on Federal Reserve Banks for Expenses of Board for Building, Number X-9625, Volume 44, Page 715

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715
X-9625

B O A R D OF G O V E R N O R S
OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON

June 19, 1936 •

ad

address

official
to

the

c o r r e s p o n d e n c e
board

Dear Sir
With my letter of December 31, 1935 (X-9409), there was sent to
your bank a copy of the resolution adopted by the Board of Governors of
the Federal Reserve System levying an assessment upon the various Federal
reserve banks covering the estimated expenses and salaries of the members
and employees of the Board for the first half of 1936, and approximately
$1,000,000 to be applied to the cost of the erection of a building for the
Board. On April 23, 1936, you were requested to credit 45% of the building
fund assessment to the Federal Reserve Bank of Richmond for the account of
the Board of Governors of the Federal Reserve System - Building Account.
It has been decided to transfer to the Federal Reserve Bank of
Richmond on June 26, 1936, the uncalled portion of the building fund assessment, and you are requested, therefore, to credit the Richmond bank on
June 26, 1936, in your daily statement of credits through the Inter-district
Settlement Fund, with the remaining 55% of the building fund assessment,
for account of the Board of Governors of the Federal Reserve System Building Account. Please advise the Federal Reserve Bank of Richmond by
wire on that date of the purpose and amount of the credit.


http://fraser.stlouisfed.org/
TO PRESIDENTS
Federal Reserve Bank of St. Louis

Very tr "

0. E. Foulk,
Fiscal Agent
OF ALL F. R. BANKS - EXCEPT RICHMOND