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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




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