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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 investĀ­
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)


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