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491 FEDERAL RESERVE BOARD WASHINGTON ADDRESS OFFICIAL CORRESPONDENCE TO THE FEDERAL RESERVE BOARD December l 4 , SUBJECT? Dear 1927, St. 5608, Condition Reports of Form 1 0 5 . State Member B a n k s , Sir: T h e r e a r e "being f o r w a r d e d t o y o u t o d a y u n d e r s e p a r a t e cover c o p i e s of form 105* Please mail three copies of t h e f o r m t o e a c h S t a t e B a n k a n d T r u s t Company member i n y o u r d i s t r i c t w i t h i n s t r u c t i o n s t o h o l d t h e "blank f o r m s p e n d i n g r e ceipt of a c a l l for condition reports. Upon r e c e i p t o f n o t i c e from the Board of the c a l l f o r c o n d i t i o n r e p o r t s , k i n d l y n o t i f y t h e "banks t h e r e o f "by m a i l a n d r e q u e s t ' t h e m t o f i l l o u t t h e r e p o r t s and m a i l them t o y o u promptly - i n no c a s e l a t e r than 10 days a f t e r r e c e i p t of the c a l l . I n o r d e r t h a t t h e c o m p i l a t i o n o f t h e B o a r d ' s member "bank c a l l r e p o r t m a y n o t "be u n d u l y d e l a y e d , i t i s r e q u e s t e d t h a t t h e c o n d i t i o n r e p o r t s "be f o r w a r d e d t o t h e B o a r d a s s o o n a s p r a c t i c a b l e a f t e r t h e y a r e r e c e i v e d "by t h e F e d e r a l r e s e r v e hank. I f i t i s n e c e s s a r y t o c o m m u n i c a t e w i t h a "bank r e g a r d i n g apparent errors i n i t s report, a note to that e f f e c t should "be m a d e o n t h e r e p o r t i t s e l f b e f o r e i t i s m a i l e d t o t h e B o a r d , and t h e Board s h o u l d b e a d v i s e d of the n e c e s s a r y c o r r e c t i o n s w h e n t h e d e s i r e d i n f o r m a t i o n i s r e c e i v e d f r o m t h e member b a n k . I t i s important that t h e s e r e p o r t s be c o m p l e t e l y f i l l e d out i n a l l c a s e s and p a r t i c u l a r a t t e n t i o n i s i n v i t e d t o t h e r e q u i r e m e n t t h a t t h e r e p o r t i n g bank i n s e r t an amount or t h e word "none" a g a i n s t e a c h i t e m b o t h o n t h e f a c e , and on the reverse side of the report. In case a bank f a i l s to comply w i t h t h i s r e q u i r e m e n t , i t i s r e q u e s t e d t h a t "it b e a s k e d f o r the information necessary to complete the information be furnished the Board. report and t h a t Very t r u l y y o u r s , Walter L. Eddy, Secretary. LETTER TO ALL F . R* AGENTS* such
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