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~· . c:·,.-.j t" . } 'J FEDERAL RESERVE BOARD WASHINGTON X-3291 January 4, 1922. SUDJECT: Certification of ~ayment of Franchise Tax to Treasnry Department. Dear Sir: In accordance with the procedure previously adopted by the Treasury Department 1 in connection with the certification as to payrr:ent by Federal Reserve Banks to the Treasurer of the United States of amounts on account of franchise tax, the Federal Reserve 3oard 1 at the request of the Treasury Department, asks that your auditor prepare a statement of income and expenses coverini;o the caLmdar year 1921 1 showing the manner in v;hich the arr:ount due the United States on account of franchise tax was determined. It is requested that ·when the statement has been prepared the fallowing form of certification ~Je typed on its cack, executed ty your audit- or and countersigned by a senior executive officer. The state- ment should then be forviarded to the Secretary of the Treasury, Division of Public l•loneys, \:ashington. - 2 - "I hereby certify that I have examined this statament of profit anl loss account of the Federal · Reserve Jank of for the celendar year 1921; that the items in such account are correct as shc>m by the records of such Federal rieserve Dank; that such profit and loss statement shows all items of t:_ain during the :::eriod; that all deductions made from gross and net earnings in such statement apr:- ear to ce fair, just and reasonable in all respects 1 and that the amount due the United States as shown thereon is correct in accort.iance with the provisions of Section 7 of the Federal Reserve Act approved DecemJer 23 1 1913 1 as amended by the act of I.Ia:rch 3, 1919." fluditor, Federal Reserve COUNTERSIGNED: :Bank of The Treasury Department advises the Board that it is the usual custom of administrative officers of' the Goverrunent having charge of the collection of revenue to make such verifications of collections as will insure the Government 1 s receipt of the correct amount due 1 and that it desires the certified copy of your statement requested in order t6 make such verifications therefrom. Very truly yours, W, \i. Roxton, Secretary. TO THE GOVERNORS OF ALL FEDERAL RESERVE BANKS~ EXCEPT DP.LLAS.
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