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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, March 13, 1941 To All Banking Institutions, and Others Concerned, In the Eleventh Federal Reserve District: The S ecreta ry o f th e 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 in an ce, T reasu ry , C h ap ter 1, M on eta ry Offices, P a rt 1 6 7 ): G E N E R A L L IC E N S E NO. 37 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 la tion s issued p ursuan t th ereto, relat in g to tran saction s in fo r e ig n exch an ge, etc.* “ A gen eral license is h e re b y gra n ted a u th orizin g b an k in g in stitu tion s w ith in th e U nited S tates to m ake all p aym en ts, tra n sfe rs and w ith draw als fr o m a ccou n ts in th e nam es o f citizen s o f the U nited S ta tes w h ile su ch citizen s are w ith in a n y fo re ig n co u n try in th e cou rse o f th eir em p loym en t b y th e G overn m en t o f th e U nited States. “ B an k in g in stitu tion s w ith in th e U nited S tates e n g a g in g in any tran saction s au th orized b y th is gen eral license shall file p ro m p tly w ith th e a pp rop riate F ed eral R eserve ban k m on th ly rep orts settin g fo r th th e details o f su ch tran saction s d u rin g such period. D. W . B E L L A c tin g S ecreta ry o f th e T re a s u ry ” M arch 12, 1941 *Part 167— 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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