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F e d e r a l Re s e r v e

bank

O F D ALLAS
F IS C A L A G E N T O F T H E U N IT E D S T A T E S

Dallas, Texas, July 11,1955

To all Qualified Issuing Agents of United States Savings Bonds in the
Eleventh Federal Reserve District:

The Veterans Administration has recently changed its regu­
lations relating to inscriptions on United States savings bonds
purchased with funds received by custodians from the Veterans
Administration. As revised, the regulations now require all sav­
ings bonds purchased with custodianship funds to be registered
in a form which omits the name of the custodian.
Accordingly, a portion of this bank’s Fiscal Agency Operating
Circular No. 1, dated July 1, 1953, under the heading “ Authorized
Forms of Inscription” has been amended. Paragraph 12 D (1) of
the circular has been changed to read:
Savings Bonds o f Series E purchased by a custodian
legally designated by the Veterans Administration on be­
half of a minor or incompetent with funds received from
the Veterans Administration may be registered in the
following form :
John Doe, a minor (or an incompetent), under
legal custodianship by designation of the
Veterans Administration,
751 East Main Street
Blankville, Texas
The amendment to Fiscal Agency Operating Circular No. 1 is
shown on the reverse hereof.
Yours very truly,
Watrous H. Irons
President

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

FEDERAL RESERVE BANK
OF DALLAS

Fiscal Agent of the United States

Fiscal Agency Operating Circular No. 1
Second Amendment
July 11, 1955

AUTHORIZED FORMS OF INSCRIPTION

Paragraph 1 2 ( D ) ( 1 ) should be changed to read:
M inor

or

I ncompetent

(D ) In the name o f a minor (whether or not under legal guardianship) in
any of the foregoing forms subject to the following conditions:
(1 ) Savings Bonds o f Series E purchased by a custodian legally
designated by the Veterans Administration on behalf o f a
minor or incompetent with funds received from the Veterans
Administration may be registered only in the following
form :
John Doe, a minor (o r an incompetent), under legal
custodianship by designation of the Veterans A d ­
ministration,
7S1 East Main Street
Blankville, Texas