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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, May 16, 1940 To All Banking Institutions, and Others Concerned, In the Eleventh Federal Reserve District: The Secretary o f the Treasury has issued the following general license (Code of Federal Regulations, Title 31, Money and Finance, Treasury Chapter 1, Monetary Offices, Part 140): GENERAL LICENSE NO. 10 UNDER EXECUTIVE ORDER NO. 8389 of April 10, 1940, as amended, and Regulations issued pursuant thereto, relat ing to transactions in foreign exchange, etc.* “ A general license is hereby granted authorizing banking institu tions within the United States to make all payments, transfers, and withdrawals from accounts in the name of the Banque Beige Pour L’Etranger, Overseas, Ltd., including its New York Agency, the Banque Beige Pour L ’Etranger in Paris, the Banque Beige Pour L’ Etranger et Internationale in Egypt, the Banque Italo-Belge in Argentine, the Banque Beige Pour L ’Etranger in the Far East, and the Banque du Congo Beige. “ Banking institutions within the United States making such pay ments, transfers, or withdrawals shall file promptly with the appropri ate Federal Reserve bank weekly reports showing the details of the transactions during such period. HERBERT E. GASTON Acting Secretary o f the Treasury” May 14, 1940 *Part 140— Sec. 5 (b ), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public Resolution No. 69, 76th C ongress; 12 U.S.C. 95a; E x. Order 6560, Jan. 15, 1934; E x. Order 8389, A pril 10, 1940; Ex. Order 8405, M ay 10, 1940; Regulations, A pril 10, 1940, as amended May 10, 1940. 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)
@FedFRASER