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FEDERAL RESERVE BANK OF DALLAS
F IS C A L A G E N T O F THE U N ITED ST A T E S

Dallas, Texas, April 10,1946

CALL FOR REDEMPTION OF 3 PERCENT CONSOLIDATED
FEDERAL FARM LOAN BONDS OF MAY 1, 1946-56

To All Banking Institutions in the
Eleventh Federal Reserve District:
There is reproduced on the reverse side of this circular letter a notice
of call for redemption by the twelve Federal Land Banks of the 3 percent
Consolidated Federal Farm Loan Bonds of May 1, 1946-56.
As will be observed, the bonds will be payable at par upon presentation
'at any Federal Reserve bank or branch, or at the Treasury Department,
Washington, D. C., on and after May 1, 1946. No exchange offering will be
made. The bonds imay be presented for redemption at this bank or its
branches at El Paso, Houston, and San Antonio.
Registered bonds should be surrendered sufficiently in advance of the
redemption date to allow for processing and effecting release of registration
at the Treasury Department in Washington. Such bonds should be assigned
to, for example: “ The Twelve Federal Land Banks for redemption for ac­
count of____________________________ under which assignment payment
will be made to the assignee designated; or, “ The Twelve Federal Land
Banks for redemption,” in which case payment will be made by check pay­
able to the order of the registered owner or the holder by assignment.

Yours very truly,
R. R. GILBERT
President

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

NOTICE OF CALL FOR REDEMPTION
BY
THE TWELVE FEDERAL LAND BANKS

TO HOLDERS OF 3 PERCENT CONSOLIDATED FEDERAL FARM
LOAN BONDS OF MAY 1, 1946-56, AND OTHERS CONCERNED:

Public notice is hereby given that the twelve Federal Land banks have
called all outstanding 3 percent consolidated Federal farm loan bonds of
May 1, 1946-56, for redemption on May 1, 1946, in accordance with their
terms. Interest on the bonds will cease on May 1, 1946, 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 aforementioned bonds. It is requested that
the bonds be presented for payment at one of those agencies.

W. E. RHEA
LAND BANK COMMISSIONER
April 3, 1946

ATTEST:
J. R. ISLEIB
DEPUTY LAND BANK COMMISSIONER