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Fe d e r a l R e se r v e

bank of

Dallas

D A L L A S 13, T E X A S

January 8, 1946

To the Bank A ddressed:
The Merchants State Bank, D a lla s , Texas, a
newly organ ized , p ar, nonmember bank lo c a te d in the
t e r r i t o r y served by t h is o f f i c e , has n o t i f i e d us
that i t w i l l open f o r bu sin ess on January 9, 1946.
W are informed that checks drawn on the new i n s t i ­
e
t u t io n are c o l l e c t i b l e through the D allas C learing
House, and a c c o r d in g ly , cash items r e c e iv e d f o r
c o l l e c t i o n by the Federal Reserve Bank o f D allas
w i l l be handled on an immediate c r e d it b a s is under
the terms o f our current b u lle t in on Transit
O perations.
This a d d itio n w i l l be r e f le c t e d in the
February, 1946, supplement t o the F ederal Reserve
Par L is t .

FEDERAL RESERVE BANK OF DALLAS

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


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