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138
FEDERAL RESERVE BOARD
WASHINGTON

X-9290
AUgUS"b 22# 1955 i

ADDRESS OFFICIAL CORRESPONDENCE TO
THE FEDERAL RESERVE BOARD

Subject:

Proposed revision of Regulation H relating to membership in the Federal Reserve
System of State banks under provisions af
section 9 of the Federal Reserve Act.

Dear Sir:
There are inclosed herewith six copies of a tentative draft
(ir*120) of a revision of Regulation H relating to membership in the
Federal Reserve System of State banks under the provisions of section
9 of the Federal Reserve Act, together with six copies each of applicable forms in connection with such regulation.

It will bo appreciated

if you and the officers of your bank will stucfy these inclosures and
forward to the Board your commonts and suggestions thereon at the
earliest practicable date, not later than thirty days from the date
of this letter.

The tentative draft of the regulation and forms have

been prepared by the Board's staff but not considered by the Board and,
in order to expedite the natter and with the permission of the Board,
are being sent to you at the same time that they are being submitted
to members of the Board for consideration.
Very truly yours,

hf)cnAsJ-P
Inclosures. (L - 120)

TO ALL FEDERAL



RESERVE AGENTS

Chester Morrill,
Secretary.