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FEDERAL RESERVE BANK OF DALLAS F IS C A L A G E N T O F TH E U N ITED ST AT E S Dallas, Texas, May 15, 1952 CASH AND EXCHANGE OFFERING To All Banking Institutions and Others Concerned, in the Eleventh Federal Reserve District: A press statement concerning the offering of additional amounts of 2% percent Treasury Bonds, Investment Series B, is reproduced on the reverse hereof. The official circular governing the offering, Treasury Department Circular No. 907, together with a supply of subscription forms, is enclosed. It will also be observed from the press statement that the Secretary of the Treasury an nounced that the option to call for redemption on September 15, 1952, the 2 percent Treasury Bonds of 1951-53, dated September 15, 1943, due September 15, 1953, will not be exercised. Attention is called to the fact that although the amount of cash and amount of exchange sub scriptions is to be shown on application forms, subscribers may subsequently alter the proportion of cash payments and exchanges in accordance with the terms of the offering circular. An additional point to be borne in mind is that the cash portion of each payment should be received by this bank or the appropriate branch in funds available on or before the date the payment is due. If the cash remittance is made by Treasury Tax and Loan Account credit, the Advice of Credit, Form FA 794, should reach this bank on or before the due date of the payment. The term “ Public Moneys” as used in Treasury Department Circular No. 907 does not embrace State, county or municipal deposits. 2% percent Treasury Bonds, Investment Series B-1975-80, are eligible as security for State, county and municipal deposits, but are not eligible as security for Treasury Tax and Loan Accounts nor for deposits of Federal Public Moneys. Subscriptions will be received at this bank and its branches at El Paso, Houston and San Antonio and should be submitted on the enclosed forms. In order to minimize the possibility of errors or delay, it is requested that a separate form be used for each subscriber rather than to combine subscriptions from two or more sources on a single form. Additional subscription forms will be furnished upon request. CLOSING OF SUBSCRIPTION BOOKS As announced in the press statement, the subscription books will open on Monday, May 19, and will probably be open for the remainder of the month, although the Secretary of the Treasury re serves the right to close the books at any time without notice. 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) TREASURY DEPARTMENT Washington Release, morning newspapers, Thursday, May 15, 1952. Secretary of the Treasury Snyder today released the official circular governing the offering of additional amounts of the 2% percent Treasury Bonds, Investment Series B-1975-80, for cash or, as provided in Section IV of Department Circular No. 907 which is the official circular governing the offering, for cash and in exchange for bonds of any of the four outstanding restricted Treasury bonds with the longest maturities. As stated in the Secretary’s initial announcement of this offering on April 30, 1952, the subscription books will open on Monday, May 19. The four issues of 2 V2 percent Treasury Bonds eligible for exchange are as follows: 21/2 percent bonds of 1965-70, dated February 1, 1944, due March 15, 1970 2 V2 percent bonds of 1966-71, dated December 1, 1944, due March 15, 1971 2 V2 percent bonds of 1967-72, dated June 1, 1945, due June 15, 1972 2 V2 percent bonds of 1967-72, dated November 15, 1945, due December 15, 1972 All subscribers, except commercial banks which for this purpose are defined as banks accepting demand deposits, may make payment in full in cash for the bonds subscribed for at par and accrued interest from April 1, 1952, or they make payment of not less than 25 percent of the par amount of the bonds subscribed for in cash and the remainder by exchange, par for par, of any of the bonds of the four issues eligible for exchange, with cash adjustments of accrued interest to the date of payment. Subscriptions from commercial banks are excluded from this offering except to the extent that they present restricted bonds of the eligible issues acquired prior to December 31, 1945, in payment of 75 percent of their subscription and cash for the other 25 percent with cash adjustments of accrued interest to date of payment. Payment for the new bonds may be made in full on June 4, 1952, or may be made in four equal installments on June 4, August 1, October 1, and December 1, 1952. On installment payments, not less than 25 percent of the par amount of new bonds paid for by each installment must be paid in cash, following which the new bonds will be delivered to the subscriber in due course. Subscribers may, if they wish, accelerate their installment payments in whole or in part. All subscribers except commercial banks are requested to show separately the amounts of cash and the amounts of bonds they propose to tender in payment for the new bonds subscribed for. It will not be necessary for subscribers to indicate at the time of entering subscriptions the amounts of each of the various restricted eligible issues of bonds they propose to apply in payment, and any installment payment may vary from the payments indicated in the original application except that not less than 25 percent of the par amount of new bonds paid for by each installment must be paid in cash. Where subscriptions are to be paid for in installments, delivery of 10 percent of the total par amount of bonds subscribed for, adjusted to the next highest $1,000, which is the minimum denomination of the new bonds, will be withheld from all subscribers except incorporated banks and trust companies until payment of the total amount subscribed for has been completed. In every case where payment is not so completed, the 10 percent so withheld shall upon declaration of the Secretary of the Treasury in his discretion be forfeited to the United States. Subscriptions will be received at the Federal Reserve banks and branches and at the Treasury Department, Washington. Subject to the usual reservations, and the making or completing of payments as provided in the official circular, all subscriptions will be allotted in full. The subscription books will probably be open for the remainder of the month, although the Secretary of the Treasury reserves the right to close the books at any time without notice. The 2 V2 percent Treasury Bonds which may be tendered in exchange for the new issue were sold during the Fourth, Fifth, Sixth, and Seventh War Loans, and the Victory Loan. These bonds are widely held by individuals and others throughout the country. The Secretary has asked banking institutions to bring the offering to the attention of their customers in order that information about this offering will reach holders of the four above-mentioned Treasury bonds. The Secretary of the Treasury also announced that the option to call for redemption on Septem ber 15,1952, the 2 percent Treasury Bonds of 1951-53, dated September 15, 1943, due September 15, 1953, will not be exercised. UNITED STATES OF AMERICA T W O A N D T H R E E -F O U R T H P E R C E N T T R E A S U R Y B O N D S , IN V E S T M E N T S E R IE S B - 1 9 7 5 - 8 0 Nontransferable Dated April 1, 1951, with interest from April 1 or October 1, 1952 Due April 1, 1980 REDEEMABLE AT THE OPTION OF THE UNITED STATES AT PAR AND ACCRUED INTEREST ON AND AFTER APRIL 1, 1975 Interest payable April 1 and October 1 ADDITIONAL ISSUE 1952 Department Circular No. 907 TREASU RY DEPARTMENT Office o f the Secretary Washington, May 19, 1952 Fiscal Service Bureau of the Public Debt I. OFFERING OF BONDS 1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, as amended, invites subscriptions, at par with an adjustment of interest, from the people of the United States for bonds of the United States, designated 2% percent Treasury Bonds, Investment Series B-1975-80, for cash or, as provided in Section IV hereof, for cash and in exchange for the following listed Treasury bonds: 2 V2 21/2 21/2 percent percent percent 21/2 percent bonds bonds bonds bonds of 1965-70, of 1966-71, of 1967-72, of 1967-72, dated Feb. 1, 1944, due March 15, dated Dec. 1, 1944, due March 15, dated June 1, 1945, due June 15, dated Nov. 15, 1945, due Dec. 15, 1970 1971 1972 1972 2. Commercial banks (which for this purpose are defined as banks accepting demand deposits) are excluded from this offering except to the extent they may offer to exchange bonds of the four issues enumerated above which they acquired prior to December 31, 1945, on a basis of 25 percent cash and 75 percent bonds. 3. The amount of the offering under this circular is not specifically limited, but the bases upon which subscriptions will be accepted are restricted as set forth in Section IV hereof. II. DESCRIPTION AND TERMS OF BONDS 1. The bonds now offered will be an addition to and will form a part of the series of 2% percent Treasury Bonds, Investment Series B-1975-80, issued pursuant to Department Circular No. 883, dated March 26, 1951, will be freely interchangeable therewith, are identical in all respects therewith (except that interest on the bonds issued under this circular will accrue from April 1 or October 1, 1952 next preceding the date of payment therefor), and are described in the following quotation from Depart ment Circular No. 883: “ 1. The bonds will be dated April 1, 1951, and will bear interest from that date at the rate of 2% percent per annum, payable semiannually by check on October 1, 1951, and thereafter on April 1 and October 1 in each year until the principal amount becomes payable. They will mature April 1, 1980, and will not be redeemable prior thereto except as follows: (a) They may be redeemed at the option of the United States on and after April 1, 1975, in whole or in part, at par and accrued interest, on any interest day or days, on 4 months’ notice of redemption given in such manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. From the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease. (b) They may be redeemed at the option of the duly constituted representatives of a deceased owner’s estate, at par and accrued interest to the date of payment1 if at the time of death they constitute part of the decedent’s estate and the Secretary of the Treasury is author ized by the representatives to apply the entire proceeds of redemption to the payment of Federal estate taxes. Bonds submitted for redemption hereunder must be duly assigned xAn exact half-year’s interest is computed for each full half-year period irrespective of the actual number of days in the half year. For a fractional part of any half year, computation is on the basis of the actual number o f days in such half year. to “ The Secretary of the Treasury for redemption, the proceeds to be paid to the Collector of Internal Revenue at_________________________ for credit on Federal estate taxes due from estate of_________________________________” The bonds must be accompanied by Form PD 17822 properly completed, signed and sworn to, and by a certificate of the appoint ment of the personal representatives, under seal of the court, dated not more than six months prior to the submission of the bonds, which shall show that at the date thereof the appointment was still in force and effect. Upon payment of the bonds appropriate memorandum receipt will be forwarded to the representatives, which will be followed in due course by formal receipt from the Collector of Internal Revenue. “ 2. Although the bonds are payable only at maturity except as provided in the preceding paragraph, they may, at the owner’s option, as provided in Department Circular No. 884, be exchanged for IV2 percent five-year marketable Treasury Notes to be dated April 1 and October 1 of each year during the life of the bond. If the bonds surrendered are in order for exchange, the new notes will ordinarily be issued within ten calendar days from the date of surrender to the Treasury Department or to a Federal Reserve Bank or Branch. The notes to be issued will bear the April 1 or October 1 date next preceding the date of the exchange. Interest will be adjusted to the date on which the exchange is made. Partial exchange of the bonds in multiples of $1,000, and reissue of the remainder, will be permitted. “ 3. The bonds will not be acceptable to secure deposits of public moneys, but they may be used as collateral for loans and may be pledged as security for the performance of an obligation or for any other purpose. In the event of a default on the loan or in the performance of the obliga tion, the pledgee will have the right only to exchange the bonds for 1 percent five-year market able Treasury notes. The bonds may not be sold or discounted, and are not transferable in ordinary course, but they may be transferred (by way of reissue) (1) to successors in title, (2) (in the event of the death of the owner) to legatees, next of kin, and other persons entitled, in accordance with the provisions of Department Circular No. 300, and (3) to State supervisory authorities in pur suance of any pledge required under State law. A bond which has been registered in the title of a State supervisory authority may be reissued in the name of the original owner upon assignment by such authority for that purpose. The term “ successors” as used in this paragraph includes but is not limited to succeeding organizations, succeeding trustees, and persons entitled upon the termi nation of a trust or the dissolution of a fund or organization. Judgment creditors, trustees in bank ruptcy, and receivers of insolvents’ estates will be entitled only to exchange the bonds for li/> percent five-year marketable Treasury notes. Persons entitled to reissue under the provisions of this paragraph will succeed to all the rights and privileges of the registered owners. “ 4. The income derived from the bonds shall be subject to all taxes now or hereafter imposed under the Internal Revenue Code, or laws amendatory or supplementary thereto. The bonds shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any State, or any of the possessions of the United States, or by any local taxing authority. “ 5. The bonds will be issued only in registered form, and in denominations of $1,000, $5,000 $10,000, $100,000, $1,000,000 and $10,000,000. “ 6. Except as otherwise specifically provided in this circular, Treasury Bonds of Investment Series B-1975-80 issued hereunder will be subject to the general regulations of the Treasury Depart ment, now or hereafter prescribed, governing United States bonds. The regulations in Department Circular No. 815 (which govern 2% percent Treasury Bonds of Investment Series A-1965), will not govern Treasury Bonds of Investment Series B-1975-80. All questions concerning bonds issued hereunder and transactions pertaining thereto should be submitted to a Federal Reserve Bank or Branch or to the Treasury Department, Division of Loans and Currency, Washington 25, D. C.” III. SUBSCRIPTION AND ALLOTMENT 1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury Department, Washington. Banking institutions generally may submit subscriptions for account of cus tomers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official agencies. Where subscriptions are to be paid for in installments, as provided in Section IV hereof, delivery of 10 percent of the total par amount of bonds subscribed for, adjusted to the next highest $1,000, will be withheld from all subscribers except incorporated banks and trust companies until payment of the total amount subscribed for has been completed. In every case where payment is not so completed the 10 percent so withheld shall, upon declaration made by the Secretary of the Treasury in his discretion, be forfeited to the United States. 2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or in part, to allot less than the amount of bonds applied for, and to close the books as to any or all sub scriptions at any time without notice ; and any action he may take in these respects shall be final. Sub ject to these reservations, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment. -Copies of Form PD 1782 may be obtained from any Federal Reserve Bank or from the Treasury Department, W ashing, ton, D. C. IV. BASES FOR ENTERING SUBSCRIPTIONS AND MAKING PAYMENT 1. Subscriptions for the 2% percent Treasury Bonds, Investment Series B-1975-80, offered here under may be entered, except by commercial banks as defined in Section I hereof, as follows: (a) The new bonds subscribed for may be paid for in full in cash, at par and accrued interest from April 1,1952, or (b) Not less than 25 percent of the par amount of the bonds subscribed for must be paid in cash and the remainder by exchange, par for par, of any of the bonds of the four issues enumerated in Section I hereof, with cash adjustments of accrued interest to date of payment. 2. The par amount of new bonds subscribed for by commercial banks as defined in Section I hereof may be paid for only on the basis of 25 percent cash and 75 percent in bonds eligible for exchange here under, with cash adjustments of accrued interest to date of payment. 3. Payment for the new bonds may be made in full on June 4, 1952, or may be made in four equal installments on June 4, August 1, October 1, and December 1, 1952. On installment payments, not less than 25 percent of the par amount of new bonds paid for by each installment must be paid in cash fol lowing which the new bonds will be delivered to the subscriber in due course. Subscribers may, if they wish, accelerate their installment payments in whole or in part. 4. Where the new bonds are paid for in full in cash, the appropriate amount of accrued interest calculated in accordance with the table at the end of this circular should be included in the payment. Accrued interest on bonds to be exchanged will be credited, and accrued interest on the new bonds to be issued will be charged as shown in the table, except as to registered bonds presented during periods the transfer books are closed. Where a net amount is to be collected from the subscriber, the remittance should accompany the securities tendered in exchange. Where a net amount is to be paid to the subscriber, it will be paid, in the case of coupon bonds following their acceptance, and in the case of registered bonds following discharge of registration. Current and all subsequent coupons should be attached to coupon bonds presented for exchange. In the case of registered bonds tendered in exchange during the period the transfer books therefor are closed, interest on such bonds from the date of payment for the new bonds to the next interest payment date will be collected from the subscriber and the owner of record will re ceive the full half-year’s interest due on that date in regular course. The transfer books are closed for one month prior to each interest payment date. 5. Any qualified depositary will be permitted to make payment by credit for the cash portion of the payment for new bonds allotted to it for itself and its customers up to any amount for which it may be qualified in excess of existing deposits. V. ASSIGNMENT OF REGISTERED BONDS 1. Treasury Bonds of 1965-70, Treasury Bonds of 1966-71, Treasury Bonds of 1967-72, due June 15, 1972, or Treasury Bonds of 1967-72, due December 15, 1972, in registered form tendered in exchange for bonds offered hereunder should be assigned by the registered payees or assignees thereof in accord ance with the general regulations of the Treasury Department governing assignments for transfer or exchange, in one of the forms hereafter set forth, and thereafter should be presented and surrendered to a Federal Reserve Bank or Branch or to the Treasury Department, Division of Loans and Currency, Washington, D. C. If the new bonds are desired registered in the same name as the bonds surrendered, the assignment should be to “ The Secretary of the Treasury for exchange for 2% percent Treasury Bonds, Investment Series B-1975-80.” If the new bonds are desired registered in another name, the assignment should be to “ The Secretary of the Treasury for exchange for 2% percent Treasury Bonds, Investment Series B-1975-80, in the name of_____________ ” VI. GENERAL PROVISIONS 1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to re ceive subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the Treasury to the Federal Reserve Banks of the respective Districts, to issue allotment notices, to receive payment and to make delivery of bonds as provided herein, and they may issue interim receipts pending delivery of the definitive bonds.2 2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or amendatory rules and regulations governing the offering, which will be communicated promptly to the Federal Reserve Banks. JOHN W. SNYDER, Secretary of the Treasury. TABLE OF INTEREST ADJUSTMENTS PER $1,000 IN CONNECTION WITH OFFERING OF 2% PERCENT TREASURY BONDS, INVESTMENT SERIES B-1975-80 UNDER DEPARTMENT CIRCULAR NO. 907 BONDS SURRENDERED* Exchange 2y%% 2Ys% 2i/2% 21/ 2 % as of June 4,1952 Treasury Bonds of Treasury Bonds of Treasury Bonds of Treasury Bonds of Exchange 21/ 2 % 2 V2 % 2!/2% 2!/2% as of August 1,1952 Treasury Bonds of 1965-70 ) Treasury Bonds of 1966-71 f Treasury Bonds of June 1967-72 ) Treasury Bonds of Dec. 1967-72 j Exchange 2r/i% 2 V2 % 21/2 % 2 V2 % as of October 1,1952 Treasury Bonds of 1965-70 \ Treasury Bonds of 1966-71 / Treasury Bonds of June 1967-72 \ Treasury Bonds of Dec. 1967-72 / Exchange 21/ 2 % 21/ 2 % 21/2% 21/ 2 % as of December Treasury Bonds Treasury Bonds Treasury Bonds Treasury Bonds 1965-70 \ 1966-71 ) June 1967-72 ) Dec. 1967-72 / 1,1952______ of 1965-70 ) of 1966-71 f of June 1967-72 \ of Dec. 1967-72 f Accrued interest to be credited on bonds surrendered Accrued interest to be charged on bonds issued $ 5.50272 $4.80874 11.74863 4.80874 9.44293 9.16667 . 3.21038 9.16667 1.10497 None 7.37705 None 5.31768 4.60852 11.54372 4.60852 Where installment payments are accelerated and made on dates other than the four dates specified, accrued interest will be computed in accordance with the following daily decimals: On bonds of 1965-70 and 1966-71 to Sept. 15,1952 ..................................................................... $0.067934783 On bonds of 1965-70 and 1966-71 from Sept. 15,1952 ............................................................ 0.069060773 On the two bonds of 1967-72 ................................................................................................... 0.068306011 On bonds of B-1975-80 to October 1, 1952 .............................................................................. On bonds of B-1975-80 from October 1, 1952 ......................................................................... 0.075136612 0.075549451 ♦IMPORTANT: For adjustments with respect to registered bonds tendered in exchange during the period the transfer books therefor are closed, see Section IV, paragraph 4, of this circular. . This acknowledges your subscription fo r $......................................... . ..Additional Issue, United States Treasury Bonds, Investment Senes B-1975-80, dated April 1, 1951, with interest from April 1 or October 1, 1952, maturing April 1, 1980. The cash payments for this subscription should be made in funds available at the Federal Reserve Bank or Branch on the due date. Cash payments by in Treasury Tax & Loan Accounts should be made in the regular manner and evidenced by Form FA 794 (ADVICE OF CREDIT TREASU RY TAX AND LOAN ACCOUNT) showing the date credited and amount deposited. This advice should be in the hands o f the Federal Reserve Bank or The Federal Reserve Bank Branch on the date due. Subject to the usual reservations, and the making or completing or Branch will acknowledge by of payments as provided in the official circular, this subscription will be allotted in full. stamping below. m a il TO Name Address A SEPARATE FORM SHOULD BE USED FOR EACH SUBSCRIBER 2-3/4% United States Treasury Bonds INVESTMENT SERIES B-1975-80 ADDITIONAL ISSUE Dated April 1, 1951 Due April 1, 1980 For Use of Federal Reserve Bank T o : Federal Reserve Bank, Dallas 13,- Texas or The------------------------ —----------------------------------------Branch El Paso | Houston San Antonio 1 Number . Amount $.............................. ,n Pursuant to the provisions of Treasury Department Circular No. 907, dated May 19, 1952, the undersigned hereby subscribes for $___________________ 2% % United States Treasury Bonds, Investment Series B-1975-80, dated April 1, 1951, maturing April 1, 1980; and proposes to make payment in the following manner: i r THE AGGREGATE AMOUNT OF THIS SUBSCRIPTION MUST BE IN MULTIPLES OF $1,090 By surrender of eligible issues of (Treasury bonds . ...................................................... $.................................----- By Cash (Not less than 2 5 % ) ................................................................ ........................ $...................................... Total Subscription .................................................................................... $............ ......................... All subscribers except commercial banks, which for this purpose are defined as banks accepting demand deposits, are requested to show separately the amounts of cash and the amounts of bonds they propose to tender in payment for the bonds subscribed for in this application. It is not necessary to indicate at this time the amounts of the respective eligible issues of bonds subscribers propose to apply in payment and any installment payment may vary from this proposal except that not less than 25% of the par amount of new bonds paid for by each installment must be paid in cash. Subject to the above provisions, please indicate by checking the appropriate block whether this subscription will be paid in full on June 4, 1952 or in four equal installments: □ Payment will be made on June 4, 1952 □ Payment will be made in four equal installments Eligible issues of Treasury bonds to be tendered in payment on June 4, should be listed on the reverse side. Current and all subsequent coupons should be attached to coupon bonds presented for exchange. Interest adjust ments should be calculated in accordance with the table at the end of Department Circular No. 907 and where a net amount is to be collected from the subscriber, the remittance should accompany the payment. The par amount of new bonds subscribed for by commercial banks may be paid for only on the basis of 25 % cash and 75% in bonds eligible for exchange. The following certification applies only to subscriptions entered by a commercial bank for its own account. We hereby certify: That the bonds tendered by this bank in payment of subscription for its own account are bonds which this bank acquired prior to December 31,1945. PLEASE COMPLETE SCHEDULE FOR ISSUE OF REGISTERED BONDS ON REVERSE SIDE INSTRUCTIONS FOR DELIVERY OF NEW SECURITIES Time Stamp □ This is an original subscription □ This is a confirmation For use of Federal Reserve Bank (Name of Subscriber) (Address) By. (Authorized Signature) Dated____ (Address) PLEASE FILL IN THE FORM BELOW WHICH WILL BE RETURNED TO YOU AS AN ACKNOWLEDGMENT OF YOUR SUBSCRIPTION SERIAL NUMBERS OF COUPON TREASURY BONDS SURRENDERED 2Yz% Treasury Bonds of 1965-70 (3-15-70) DESCRIPTION OF REGISTERED BONDS SURRENDERED 21/2% Treas. Bonds of 1965-70 (3-15-70) 2i/2% Treas. Bonds of 1966-71 (3-15-71) 21/ 2 % Treas. Bonds of 1967-72 (6-15-72) 2i/4 % Treas. Bonds of 1967-72 (12-15-72) No. o f Pieces Denomination Serial Numbers Name o f Registered Holder SCHEDULE FOR ISSUE OF REGISTERED BONDS TYPEWRITE THIS INFORMATION IF POSSIBLE— OTHERWISE WRITE LEGIBLY Indicate under appropriate denomination number o f bonds desired Name or names in which bonds shall be registered,! and post-office address for interest checks and mail. $1 ,0 0 0 $5 ,0 0 0 $1 0 ,0 0 0 $1 0 0 ,0 0 0 $1 ,0 0 0 , 0 0 0 $1 0 ,0 0 0 ,0 0 0 Face A m ount Name Address fNOTE The regulations governing registration of Treasury bonds are not the same as those governing the registration of Savings bonds. The following forms of registration should be used in requesting the issue of registered bonds: (a) In the names of two persons.— "John Smith or Mrs. Mary Smith, or the survivor." (b) A guardian.— “ John Doe, as legal (natural) guardian of Mary Doe, a minor (incom petent)." (c) A minor.— Request should not be made for registration in the name of a minor (See guardian).* *e r T iir rn \ T P I FTF. (d ) A corporation.— “ John Smith & Co., a corporation." (e) A partnership.— "John Jones & Co., a partnership.” ( f ) A tradename.— "John Doe operating as X YZ Co.” (g ) Unincorporated association.— If by-laws provide that property be held by trustees, “ Trustees for the Harmony Society of Blank, Texas.” I f, how ever, the by-laws contain no such provisions, "Harmony Society of Blank, Texas, an unincorporated association.” (h) Trustees.— “ John Jones, trustee under the will of Mary Jones, de ceased,” or “ John Jones and First National Bank of Blank, Texas, trustees under agreement with John Doe dated January 24, 1903.” ( j ) Married woman.— "Mrs. Mary Jane Smith,” not Mrs. H en ry CSmith.” ADDRESS OF THE REGISTRANT
@FedFRASER