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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, June 9, 1941

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
The Secretary of the Treasury has issued the following amendment to Gen­
eral License No. 14:
GENERAL LICENSE NO. 14, AS AMENDED, UNDER EXECUTIVE
ORDER NO. 8389, as amended, and Regulations issued pursuant thereto,
relating to transactions in foreign exchange, etc.*
“ General License No. 14 is amended to read as follows:
‘ (1) A general license is hereby granted licensing as generally
licensed nationals:
(a) the Willemstad (Curacao) offices o f :
(i) the Curacaosche Bank;
(ii) the Maduro & Curiel’s Bank;
(iii) the Edwards Henriquez & Co.; and
(b) the Oranjestad (Aruba) office of the Aruba Bank.
Any transaction engaged in by any such office of any such bank
pursuant to the order of or for the account of any other national
of the Netherlands is also hereby authorized to the same extent,
and under the same circumstances, as though such transaction
were solely for the account of such office of such bank; provided,
however, that this authorization shall not be deemed to permit any
payment, transfer or withdrawal from any blocked account.
‘ (2) Banking institutions within the United States making
any payment, transfer or withdrawal from the accounts of any
such office of the aforementioned banks shall file promptly with
the appropriate Federal Reserve Bank monthly reports setting
forth the details of such transactions during such period.’
D. W. BELL
Acting Secretary of the Treasury”
June 7, 1941
*P art 144— Sec. 5 (b ), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public R esolution N o. 69,
76th C ongress; 12 U.S.C. 95a; E x. Order 6560, Jan. 15, 1984; Ex. O rder 8389, A p ril 10,
1940; Ex. Order 8405, M ay 10, 1940; Ex. O rder 8446, June 17, 1940; E x. O rder 8484,
July 15, 1940; E x. Order 8493, July 25, 1940; Ex. Order 8565, O ctober 10, 1940; Ex.
Order 8701, M arch 4, 1941; Ex. O rder 8711, M arch 13, 1941; Ex. Order 8721, M arch 24,
1941; Ex. Order 8746, A p ril 28, 1941; Regulations, A p ril 10, 1940, as amended M ay 10,
1940, June 17, 1940, July 15, 1940, October 10, 1940, March 4, 1941, M arch 13, 1941,
M arch 24, 1941 and A p ril 28, 1941.

Yours very truly,
R. R. GILBERT

President

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