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JNthrmry 15§ 194&
U* S* Co-mrnm&nt mmml Section
Otvl«i*m of Pt&lie AmuiriM
Goro^owoiit Information $#rvtc*
aoosa 1317, 1&33 P^m^rivunija J^nmi# M«l»
Atto&ttms Mr* .M»l«oI» I t e n * .Chlaf
Wn ar« f^eloaJUsg fcorwttb a rurlMdl »tatawi«%
oe tbo Scp#rt^&^M,,t Ban* of t&rtiiiigtoit for i*aa ife th*
1946 ffeltodi Stataa Ckrvwnmmt Mtmiftl#
Vary tntfy yours*
Assistant to 4h* ftNwriLA§i*%
mclomtr*
fwm offfis* m W%fimMg?g XS» mm wmm iutmm*&
%hmx. Uiff wm%lB®mi r«flalo» mmM hm in tim* f s r
.EIPORT-IMPOHf B4HX OF WASHINGTOI
811 Vermont Avenua £•»•
EXecutlre 3 H 1 # Branch 627
Board of Directors*
flaw MeC* iartin, Jr», Chairman
Jamee F* Byrnee, Secretary of State
Herbert !• Gaeten, Vice Chairman
Clarence E« Qauee
I^mn U» Stambaugh
Officer*.
Preeldent, and Chairmen of the
Hoard of Bireetore - Itau i€C* Martin, Jr*
?lee Preaident and General Cotmael - ffewthoni^ Aray
Vice Frseident ~ ~
~ •
a. £u Hhittemore
Secretary
~
— Sidney Shorvood
Aaeiatant Secretary - *•
J, C* Futrelle
Treasurer
*
- D . B» Griffin
Assistant Traaaurar and Aaeiatant
General Counaal - ~
Waiter C# Sauar
fttffftltoftflflAHtflWrttT. ^ » • &cport~Jmport Bank of laahincton
was organised aa a Diatriot of Columbia banking corporation purauant
to Executive Order 6581, dated February 2, 1934, &**& *ae continued aa
an agency of the United Statee by act approved January 31, 1935, aa
aiaandad (15 0#S,C« 713b),
Executive Order 9361 of July 15, 1943,
traneferred the Bank to tb^ Offiea of Economic Warfare, which, lsy
executive Order 93&0 of Scpte&ber 25, 1943, waa consolidated Into the
Foreign £eenomic Administration*
The import**Import Bank Act of 1945
(Public Law 173, 79th Cong*), approved July 31, 1945, eatabliahed tha
Bank aa a permanent independent agency of tha United 8tat$a with
statutory powere additional to thoee granted by ita charter*
~ 2 ~
Tha 5aam^^m«nt of tha Battle 1* iraotoi In a bipartisan Board
of Director* co&giatlJli of Km Saorataiy of 8tata f and four f u l l tlaa aewbers apprtato* by ths Praaidar* t of t&# tteitad Stataa by aad
•rith th* a#*iaa and mmmmt of tim Sanatat ami of who* i© daaijpaatad
tsgr th* fF#aida*!t aa CShalnwRui
Tha 9«& to amlliorlaai to feat* capital atoak of f l f C^*QQQ»009
and to ba*a outfttatdl&t loans and gtiaimtia* to tha aggrapit«£ amount
of tiiraa m4 mo«4i*&f ti&ao Ito iyaiatoriaai oafitfcl atock*
Purooaf * Th# pirpoaa of th* %*nk la to aid la flnancir^ $m&
to facilitate aa^aorl* and laporta and tho axo&attga of eomedltloo
bataaan thm Onit«d Stata* asr a^gr of Ita Tonltorloo or tabular poMo**
sicms an* a«Qr foratga Mtsrtay or tlio agotiotoa «r nrnttonalo tfcoraof*
f&a i&port~ltopori Banlc Aat of 194.5 t^xprasata <&# polity .of tfea G©ttfr&ao
that tha Bank ahould mpplwwnt «itd not coe^t* with priwta capital f
and that loana afam&i {pttovaUgr h« for ap-aolfio injetpmm and offar
roaomablo aaaamifteo of rap^M^t#
Ch**i raa& of ttea Board
@FedFRASER