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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, July 26, 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 of Federal Regulations, Title 31, Money and Finance, Treasury, Chap ter 1, Monetary Offices, Part 155): GENERAL LICENSE NO. 25 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 under Section 13-A (1) of Executive Order No. 8389 of April 10,1940, as amended, author izing the acquisition, disposition or transfer of, or other dealing in, or with respect to, any security or evidence thereof, to which Treasury Department Form TFEL-2 has been previously attached or affixed by, or under the direction of, the Treasury Department; provided, that this general license shall not be deemed to author ize any transaction prohibited by reason of any provision (or ruling or regulation thereunder) of such Order, other than Section 13-A (1). D .W . BELL Acting Secretary of the Treasury” July 25, 1940 *P a r t 155— Sec. 5 ( b ) , 40 S ta t. 415 and 9 6 6 ; Sec. 2, 48 S ta t. 1 ; Public R esolution N o . 69, 76th C o n g re ss; 12 U .S .C . 9 5 a ; E x . Order 6560, Jan. 15, 1 9 3 4 ; E x . O rder 8389, A p r il 10, 1 9 4 0 ; E x . O rder 8405, M a y 10, 1 9 4 0 ; E x . O rder 844 6 , June 17, 1 9 4 0 ; E x . O rder 8'484, J u ly 15, 1 9 4 0 ; E x . Order 8493, J u ly 2 5, 1 9 4 0 ; R egu lation s, A p r il 10, 1940, as am ended M a y 10, 1940, June 17, 1940, and J u ly 15, 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)
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