Full text of District Notices (Federal Reserve Bank of Dallas) : Renewals of Loans to Executive Officers of Member Banks

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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, June 21, 1939

R E N E W A L S O F L O A N S TO E XEC U TIVE O FFIC E R S
O F MEMBER B AN K S

To the Member Bank Addressed:
The President, on June 20, 1939, approved a bill amending
section 22(g) of the Federal Reserve Act. Under this amend­
ment loans made by member banks to their executive officers
prior to June 16, 1933 may be renewed or extended for periods
expiring not later than June 16, 1944, subject, of course, to
the other conditions stated in the law and in section 4 of
Regulation 0.

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)