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FEDERAL RESERVE BANK
OF D A L L A S

June 5, 1924.

To the Member Bank Addressed:
Under the terms of the New Revenue A ct stamp tax upon
promissory notes as provided for in the A ct of 1921 has been repealed.
For your information you are advised, however, that such repeal does
not become effective until thirty days after June 2, 1924, on which date
the new hill became a law.
Yours very truly,

Governor.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

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