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FEDERAL

RESERVE

BANK

OF D A L L A S

August 27, 1926

To the Member Bank Addressed:
There is enclosed herewith, for the information of your
officers, a copy of an Act of Congress which was approved and
became a law on May 24, 1926, to prohibit the offering for sale
as Federal Farm Loan Bonds, any securities not issued under
the terms of the Farm Loan Act, to restrict the use of the
words “ Federal,” “ United States,” or “ Reserve” in the titles of
private institutions, and to prohibit false advertising by banks
not members of the Federal Reserve System.
Respectfully,

Federal Reserve Agent.

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