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FEDERAL RESERVE BANK OF DALLAS Circular No* 28 Series of 1919* December 23, 1919* NOTICE OF DIVIDEND TO THE CASHIER, Dear Sir:We take pleasure in advising you that at the regular meeting of our Board of Directors on December 2nd, 1919, a dividend in full at the rate of 6Ja per annum was declared on your invest ment in stock of this bank, for the period of July 1st, 1919, December 31st, 1919, both dates inclusive. In the case of your bank this dividend will amount to $ which amount will be credited to your reserve account on our books on December 31st, and you are, therefore, authorized to charge your reserve account with this amount on said date, bearing in mind that this portion of your earnings is under the provisions of the Federal Reserve Act, exempt from all taxation, including income and excess profit taxes. Yours very truly, Governor 2416. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)