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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States
r
Circular No. 2 5 4 3 , November 18, 1942 *1
L Reference to Circulars Nos. 2539 and 2540. J

FOREIGN FUNDS CONTROL
To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

For your information we quote below from a telegram received from the Treasury
Department:
CODE OF FEDERAL REGULATIONS
Title 31—Money and Finance: Treasury
Chapter I—Monetary Offices, Department of the Treasury
Part 131—General Licenses under Executive Order No. 8389,
April 10, 1940, as amended, and regulations issued pursuant
thereto.
Section 131.72

TREASURY DEPARTMENT
Office of the Secretary
November 17, 1942

G E N E R A L L I C E N S E NO. 72, AS A M E N D E D , U N D E R E X E C U T I V E O R D E R NO. 8389, AS
A M E N D E D , E X E C U T I V E O R D E R NO. 9193, S E C T I O N S 3(a) A N D 5(b) O F T H E T R A D I N G W I T H T H E E N E M Y ACT, AS A M E N D E D BY T H E F I R S T W A R P O W E R S ACT, 1941,
RELATING TO FOREIGN FUNDS CONTROL*

General License No. 72, as amended, is hereby amended to read as follows:
(1) A general license is hereby granted authorizing the following transactions, in
which a blocked country or any national thereof has, on or since the effective date of the
Order, had an interest:
(a) The filing and prosecution in the United States Patent Office of applications
for letters patent for inventions and designs and for the registration of trademarks and the receipt of letters patent and trademark registration certificates
issued pursuant to any such application;
(b) The securing and registration of United States copyrights and the registration of claims to United States copyrights in prints and labels and the receipt
of copyright certificates therefor;
(c) The payment from blocked accounts or otherwise, except from accounts in
which an enemy national has an interest, of fees currently due to the United
States Government in connection with any transactions authorized herein;
(d) The payment from blocked accounts or otherwise, except from accounts in
which an enemy national has an interest, of the reasonable and customary fees
and charges currently due to attorneys or representatives within the United
States in connection with the transactions referred to in subdivisions (a), (b),
and (c) of this paragraph, provided that such payment shall not exceed
(i) $100 for the preparation, filing, and prosecution of any application for
letters patent; or
* Part 131;—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54 Stat. 179; Public No. 354, 77th Congress, 55 Stat. 838; Ex. Order 8389, April 10. 1940, as amended by Ex. Order 8785, June 14, 1941, Ex. Order
8832, July 26, 1941, Ex. Order 8963, Dec. 9, 1941, and Ex. Order 8998, Dec. 26, 1941; Ex. Order 9193, July
6, 1942; Regulations, April 10, 1940, as amended June 14, 1941, and July 26, 1941.




(OVER)

(ii) $50 for the preparation, filing, and prosecution of any application for a
trademark registration; or
(iii) $25 for the securing and registration of any copyright; or
(iv) $35 for the preparation and filing of any amendment to a pending application for letters patent or for a trademark registration; and
(e) T h e execution of, or the recording of, any assignment, grant, encumbrance,
license, or other agreement or arrangement of, under, or with respect to, any
United States patent, trademark, or copyright, or application therefor.
(2) Notwithstanding the provisions of General Ruling No. 11, the transactions specified
in paragraph (1) hereof may be effected even though they involve a communication from
an enemy national after March 18, 1942. No other transaction which, directly or indirectly, involves any trade or communication with an enemy national is authorized by this
general license.
(3) Attention is directed to Public Circular No. 5, as amended November 17, 1942,
issued by the Treasury Department, and to General Order No. 11 issued by the Alien
Property Custodian on November 17, 1942.
RANDOLPH

PAUL

Acting Secretary of the Treasury

Additional copies of this circular will be furnished upon request.




ALLAN

SPROUL,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102