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659
BOARD OF GOVERNORS

X-9605

DF THE

FEDERAL RESERVE SYSTEM
WASHINGTON
address

official
to

correspondence

the

board

June 4, 1936,

Dear Sir:
In the Board's letter of April 16, 1936, (X-9550)
you were advised that no objection would be offered to your
granting employees of your bank sufficient leave, in addition to their regular annual leave, to enable them to attend
the special two weeks' course offered by the Graduate School
of Banking at Rutgers University.
The Board has since decided to grant members of its
staff attending the summer session leave of absence with
pay, in addition to the regular annual leave, of sufficient
duration to enable them to attend the session, and also to
assume the transportation expenses of such employees to and
from the University.
Very truly yours,

Chester Morrill,
Secretary.
TO ALL PRESIDENTS