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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, June 22, 1940

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:

The Secretary of the Treasury has issued the following general license
(Code o f Federal Regulations, Title 31, Money and Finance, Treasury Chap­
ter 1, Monetary Offices, Part 151):
GENERAL LICENSE NO. 21 UNDER EXECUTIVE ORDER NO. 8389
of April 10, 1940, as amended, and. Regulations issued pursuant thereto,
relating to transactions in foreign exchange, etc.*
“ A general license is hereby granted authorizing banking insti­
tutions within the United States to make all payments, transfers,
and withdrawals from accounts in the name of the Netherlands
Trading Society, East London.
“ Banking institutions within the United States making such
payments, transfers, or withdrawals shall file promptly with the
appropriate Federal Reserve bank weekly reports showing the
details of the transactions during such period.
D. W. BELL
Acting Secretary o f the Treasury”
June 21, 1940
*Part 151— Sec. 5 (b ), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public Resolution No. 69,
76th Congress; 12 U. S. C. 95a; E x. Order 6560, Jan. 15, 1934; Ex. Order 8389, A pril
10, 1940; Ex. Order 8405, M ay 10, 1940; Ex. Order 8446, June 17, 1940; Regulations,
A p ril 10, 1940, as am ended M ay 10, 1940, and June 17, 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)