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FEDERAL RESERVE BANK OF DALLAS
F IS C A L A G E N T O F THE UNITED ST ATE S

Dallas, Texas, October 30, 1941

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
There is enclosed a copy of the Second Amendment to
Treasury Department Circular No. 667, which announced the
offering of two issues of Treasury Notes, Tax Series A and Tax
Series B, 1943.
The amendment provides that notes inscribed in the name
of a parent corporation may be exchanged for new notes to be
issued in the name of a subsidiary of such corporation.

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)

THE UNITED STATES OF AMERICA
TREASURY NOTES

Tax Series A-1943

Tax Series B-1943
Due August 1,1943

Dated August 1,1941

Issued at Par and Accrued Interest
ACCEPTABLE A T PAR AND ACCRUED INTEREST IN PAYM ENT OF FEDERAL INCOME TAXES

TREASURY DEPARTMENT,

1941
Second A m endm ent to
Departm ent Circular N o. 667

O f f ic e

of t h e

Secretary,

Washington, October 21,1941.

Fiscal Service
Bureau o f the P ublic Debt

1. Section II (1) of Department Circular No. 667, dated July 22, 1941, is hereby amended to
read as follows:
1. General.— The notes of both series will be dated August 1,1941, and will mature August
1, 1943. The owner’s name and address, and the date of issue will be entered on each note at
the time of its issue by a Federal Reserve Bank. The month in which payment is received by
a Federal Reserve Bank or Branch, or by the Treasurer of the United States, will determine the
purchase price and issue date of each note. The notes may not be transferred except in the
case of notes issued in the name of a parent corporation, in which case they may be reissued in
the name of a subsidiary of that corporation with the same dating as the notes surrendered,
upon presentation to the Federal Reserve Bank of issue; for the purposes of this paragraph a
subsidiary corporation is defined as one more than 50 per cent of whose stock with voting power
is held by another corporation. No hypothecation of the notes on any account will be recog­
nized by the Treasury Department, and they will not be accepted to secure deposits of public
money. Except as herein, provided, the notes will be subject to the general regulations of the
Treasury Department, now or hereafter prescribed, governing bonds and notes of the United
States.
HENRY MORGENTHAU, Jr.,

Secretary of the Treasury.
(Filed with the Division of the Federal Register, October 21, 1941)
U. S . GOVERNMENT PR IN TIN G O F F IC E

423166-1


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102