The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL. RESERVE BANK OF DALLAS Dallas, Texas, March 14, 1941 To All Banking Institutions, and Others Concerned, In the Eleventh Federal Reserve District: T h e S ecreta ry o f th e T rea su ry has issued th e fo llo w in g gen eral lice n se : G E N E R A L L IC E N S E N O. 38 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 ereb y gran ted au th orizin g ban k in g in stitu tion s w ith in th e U nited States to m ake p aym en ts fr o m a ccou n ts in w h ich H u n g a ry o r a nation al th e r e o f has a p ro p e rty in terest w ith in th e m ean in g o f the E x ecu tiv e O rder o f A p ril 1 0 ,1 9 4 0 , as am ended, and th e R egu la tion s issued th ereu n der, o f ch eck s and d ra fts draw n or issued p rio r to M arch 13, 1941, and to a ccep t and p a y and d ebit to such accou n ts d ra fts draw n p rio r to M arch 13, 1941, un der letters o f c r e d it ; p rovid ed th a t each b an k in g in stitu tion m a k in g an y p aym en t or d ebit a u th orized b y th is general license shall file p rom p tly w ith the a pp rop riate F ed era l R eserve ban k w eek ly rep orts sh o w in g th e details o f such tran saction s. T h is license shall exp ire a t the close o f business on A p ril 13, 1941. D. W . B E L L A c tin g S ecreta ry o f th e T re a su ry ” M arch 13, 1941 *Part 168— 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; Ex. Order 8711, March 13, 1941; Regulations, April 10, 1940, as amended May 10, 1940, June 17, 1940, July 15, 1940, October 10, 1940, March 4, 1941, and March 13, 1941. Yours very truly, R . R . G IL B E R T President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
@FedFRASER