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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, March 5, 1941 T o A ll B an k in g In stitu tion s, and O thers Concerned, In th e E leventh F ederal R eserve D is t r ic t : T h e S ecreta ry o f the T rea su ry has issued th e fo llo w in g gen eral license (C ode o f Federal R egu la tion s, T itle 31, M on ey and F inance, T reasu ry, C h apter 1, P a rt 1 6 6 ): G E N E R A L L IC E N S E N O. 36 U N D E R E X E C U T IV E O R D E R NO. 8389 o f A p ril 10, 1940, as am ended, and R egu lation s issued pursuan t th ereto, relat in g to tran saction s in fo r e ig n exch an ge, etc.* “ A general license is h ereb y gran ted a u th orizin g ban k in g in stitu tion s w ith in th e U nited S tates to m ake p aym en ts fr o m accou n ts in w h ich B ulgaria, o r a n ational th e re o f, has a p ro p e rty in terest w ith in the m ean in g o f th e E x ecu tiv e O rder o f A p ril 1 0 ,1 9 4 0 , as am ended, and the R egu lation s issued th ereu n der, o f ch eck s and d ra fts draw n o r issued p rior to M arch 4, 1941, and to accep t and p ay and debit to such accou n ts d ra fts d ra w n p rior to M arch 4, 1941, under letters o f c r e d it ; provided, th a t each b an k in g in stitu tion m a kin g a n y paym en t o r debit a uthorized b y th is gen eral license shall file p rom p tly w ith th e a p p ro p ria te Federal R eserve bank w eek ly rep orts sh ow in g th e details o f such tran saction s. T h is license shall exp ire at the close o f business on A p ril 4, 1941. H E R B E R T E .G A S T O N A c tin g S ecreta ry o f th e T re a s u ry ” M arch 4, 1941 '"'Part 166— Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; Public Resolution No. 69, 76th Congress; 12 U.S.C. 95a; Ex. Order 6560, Jan. 15, 1934; Ex. Order 8389, April 10, 1940; Ex. Order 8405, May 10, 1940; Ex. Order 8446, June 17, 1940; Ex. Order 8484, July 15, 1940; Ex. Order 8493, July 25, 1940; Ex. Order 8565, October 10, 1940; Ex. Order 8701, March 4, 1941; Regulations, April 10, 1940, as amended May 10, 1940, June 17, 1940, July 15, 1940, October 10, 1940, and March 4, 1941. 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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