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02 TELEGRAM X-7387 FEDERAL RESERVE BOARD WASHINGTON March 15, 1933 Young - Boston Harrison - New York Norris - P h i l a d e l p h i a Hancher - Cleveland Seay - Richmond Black - Atlanta McDougal - Chicago Martin - St. Louis Geery - Minneapolis Hamilton - Kansas City McKinney - D a l l a s Calkins - San Francisco Trans. 1676 Federal Reserve Board f e e l s that an advance to an i n d i v i d u a l , partnership or corporation under the p r o v i s i o n s of the l a s t paragraph of the Section 13 of the Federal Reserve Act a s amended by Section 403 of the Act of March 9, 1933, should be made only by the Federal reserve bank of the d i s t r i c t in which the p r i n c i p a l p l a c e of b u s i n e s s of such, i n d i v i d u a l , partnership or corporation i s l o c a t e d . Morrill.
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