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FEDERAL RESERVE BANK OF DALLAS BULLETIN No. 7a JANUARY 2 ,1 9 4 0 (Supplementing Bulletin N o . 7, dated September 15,1939) SAFEKEEPING OF SECURITIES PLEDGED BY MEMBER BANKS TO SECURE PUBLIC DEPOSITS To the Member Banks of the Eleventh Federal Reserve District: On and after January 2,1940, the Federal Reserve Bank of Dallas, includ ing its branches, will receive and hold for safekeeping securities belonging to member banks which are pledged to secure public deposits. Before accepting any such securities, it will be necessary for the member bank, together with the public body whose deposit is secured, to make an application to this bank upon a printed f orm that has been prepared and which will be furnished upon request. Any member bank interested will be given full details of the service. Respectfully, 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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