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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States /"Circular No. 3 4 9 1 1 L September 7, 1949 1 NOTICE O F CALL FOR REDEMPTION by THE TWELVE FEDERAL LAN D BANKS To Banks and Trust Companies in the Second Federal Beserve District : Following is a copy of a public notice of call dated August 30, 1949, sent to you at the request of the Treasury Department: N O T IC E O F C A L L F O R R E D E M P T IO N by TH E T W E L V E FEDERAL LAND BANKS To Holders of lyh Percent Consolidated Federal Farm Loan Bonds of October 1, 1948-50, and Others Concerned: Public notice is hereby given that the twelve Federal land banks have called all outstanding \]/2 percent consolidated Federal farm loan bonds of October 1, 1948-50, for redemption as of October 1, 1949, in accordance with their terms. Interest on the bonds will cease on October 1, 1949, and the bonds will be payable at par on and after that date. The twelve Federal land banks have designated the Federal reserve banks and branches and the Treasury Department, Washington, D. C., as agencies for the payment of the afore-mentioned bonds. It is requested that the bonds be presented for payment at one of those agencies. J. R. I s l e i b August 30, 1949 Land Bank Commissioner A ttest : E . D ie b e l Assistant D eputy Land Bank Commissioner The Treasury Department has advised us that the bonds will be redeemed in cash on and after October 1,1949, without an exchange offering of securities. The bonds may be forwarded to us now for payment on October 1, 1949. M ethod of Presentation B e a rer B o n d s Bearer bonds should be submitted with an application on the enclosed Form G.B. 312.2, and must have the April 1, 1950 coupon and all subsequent coupons attached when presented. The coupon due October 1, 1949, and any past-due coupons, should be detached and collected in the regular manner. R e g is te r e d B o n d s Registered bonds should be submitted with an application on the enclosed Form G.B. 310.2. I f payment is to be made to the registered payee, or to an assignee holding under proper assignment from the registered payee, the securities should be assigned by such payee or assignee, or by a duly constituted representative, to “ The Twelve Federal Land Banks for redemption.” If it is desired, for any reason, that payment be made to some other person, without intermediate assignment, the securities should be assigned to “ The Twelve Federal Land Banks for redemption for the account o f .... ..... ............ ............................... ” (inserting the name and address of the person to whom payment is to be made), but assignments in this form must be completed before acknowledg ment, and not left in blank. A representative or fiduciary may not assign for payment to himself individually, unless expressly authorized to do so by court order or by the instrument under which he is acting, but he may assign for payment to himself in his representative or fiduciary capacity. A n assignment by a representative or fiduciary to “ The Twelve Federal Land Banks for redemption” will be deemed to be an assignment for redemp tion for his account in his representative or fiduciary capacity. Additional copies of this circular will be furnished upon request. A l l a n S prottl, President. •. a io .: Registered Bond REDEMPTION APPLICATION Date............................................................... F ed er al R eserve B a n k of N ew Y ork, Fiscal A gent o f the United States Government Bond Department: T H E U N D E R S IG N E D H E R E W IT H P R E S E N T S A N D S U R R E N D E R S F O R R E D E M P T IO N S E C U R IT IE S O F T H E I S S U E , S E R IE S A N D D E N O M I N A T I O N S H E R E I N A F T E R S E T F O R T H . USE SEPARATE FORM FOR EACH ISSUE OR SERIES OF SECURITIES. R E G I S T E R E D B O N D S ..................% ................................................. Dated..................................... Due.... IN S C R IB E D T R E A S U R Y S A V IN G S N O T E S Pieces Denomination Par Amount Series.................... Dated......................... Due.. Numbers Leave Blank $25 50 100 500 1,000 5,000 10,000 50,000 100,000 500,000 1,000,000 Total Face Amount Make Payment as Indicated □ By check □ By credit to Reserve Account □ Special instructions attached (Name) (Addren) (Official ligature required) Received Checked Examined Recorded GA-IR G . B. 312.2 24M 5-44 Request for REDEMPTION T o F e d e ra l R eserve B ank o f N e w Y o rk F is c a l A g e n t o f t h e G o ver n m en t U n ited S ta te s a n d B o nd Date_ H o m e O w n e r s ’ L o a n C o r p o r a tio n D epar tm en t: The under-signed presents and surrenders herewith securities as listed below for redemption. DO NOT USE SPACES BELOW FEDERAL LAND BAN K SECURITIES ISSUE DATE RATE M ATURITY DATE EX-CO U PO N PROCEEDS INTEREST PAR AM OUNT E X-CO U PO N PROCEEDS INTEREST ... FEDERAL INTERM EDIATE CREDIT BANK DEBENTURES ISSUE DATE RATE M ATURITY DATE PAR AM OUNT HOM E OW NERS’ LOAN CORPORATION SECURITIES RATE ISSUE DATE M ATURITY DATE PAR AM OUNT INTEREST t EX -C O U P O N PROCEEDS RATE ISSUE DATE M ATURITY DATE PAR AMOUNT INTEREST EX -C O U PO N PROCEEDS PAR AM OUNT INTEREST E X -C O U P O N PROCEEDS PAR AM OUNT INTEREST E X -C O U P O N proceeds PHILIPPINE AN D PUERTO RICAN GOVERNM ENT SECURITIES ISSUE DATE RATE MATURITY DATE * TOTALS lease make payment by heck immediately_______ ,t=l Name heck at maturity________ redit immediately----------- Street edit at maturity________ Town *cial instructions State ByReceived Checked Examined Recorded