The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
X-9225 FEDERAL RESERVE BOARD W ASHINGTON WASHINGTON 1935 ADDRESSOFFICIAL CORRESPONDENCETO THEFEDERAL RESERVEBOARD Dear Sirs The Board has been advised by Mr. H. F. Strater, Secretary of the Re tirement System, that the Board of Trustees of the Retirement System of the Federal Reserve banks at its meeting hold on April 16, 1955, passed the following resolution: "RESOLVED that, subj ect to the approval of the Federal Reserve Board, the employing banks of the Retirement System be requested to bear the traveling and sub sistence expenses of the members of the Board of Trustees and members of committees necessarily in volved in operating the Retirement System." The Federal Reserve Board has authorized the payment by its fiscal agent of traveling and subsistence expenses, incurred in attending meetings of the Board of Trustees of the Retirement System and committee meetings connected with the operation of the Retirement System, of its appointee on the Board of Trustees and of the member of the Board of Trustees elected by its employees, and until further notice approves the payment by your bank of similar expenses of meiabers of the Board of Trustees appointed by your bank or elected by employees of your bank. Very truly yours, TO CHAIRMEN OF ALL FEDERAL RESERVE BANKS Chester Morrill, Secretary.