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FORM

M ISCL.

14.

2 - 1 8- 20 M- 10 1?. b

FEDERAL RESERVE BANK
O F D A LLAS

Jane 15th, 1915.
NUMBER 9 .

I MP OR T A NT

.

TO TH M BER BANK ADDRESSED:
E EM
Under the p r o v is io n s o f S e c tio n 2 o f the F ed eral Reserve A ct the
second in sta llm en t o f your s u b s c r ip t io n to the C a p ita l S tock o f t h is bank
w i l l be due and payable ON OR BEFORE FEBRUARY 2, 1915, The same s e c t io n
re q u ir e s th at t h is payment s h a ll be made in GOLD o r GOLD CERTIFICATES.
In ord er to f a c i l i t a t e the h an dlin g o f t h is payment, v/e have made
arrangements w ith the A s s is ta n t Treasurer o f the United S ta te s at New
O rlean s, L a ., whereby a l l shipments o f s a id Gold or Gold C e r t i f i c a t e s , e it h e r
by ex p ress or by insured r e g is t e r e d m a il, may be made d ir e c t to him in stea d
o f to t h is bank as was done in the payment o f your f i r s t in s t a llm e n t .
The fo llo w in g in s t r u c t io n s are giv en f o r your gu idan ce, and
these should be c a r e f u l l y n oted b e fo r e making shipment:
(1 ) Shipment must be ad d ressed ,
THE ASSISTANT TREASURER OF THE UNITED STATES,
N
EW ORLEANS, LA.
(2 ) CHARGES MUST BE PREPAID. The F ederal R eserve Board has
r u le d that member banks s h a ll stand the c o s t o f tr a n s p o r ta tio n on fu tu re pay­
ments on c a p it a l a llo tm e n ts, but t h is bank w i l l , upon r e c e ip t o f advice o f
the amount, refund to member banks the d iffe r e n c e between the c o s t o f making
the rem ittan ces to -New O rleans and what the c o s t would have been o f making
the same to D a lla s .
(3 ) Shipment must c o n s is t o f g o ld c o in or g o ld c e r t i f i c a t e s , or
oth er ch a ra cte r o f money b e in g a cce p te d . Gold c o in w i l l be r e c e ip t e d f o r ,
s u b je c t to w eig h t, and a l l c o in s f a l l i n g below the li m i t o f to le r a n c e w i l l
be accep ted o n ly a t b u llio n value o f same.
( 4 ) E n closed f o r your use in making t h is payment are fo u r blan k
forms which must be s a r e f u l l y f i l l e d out and d isp o se d o f as f o llo w s :
Form No. 1 i s to be sent under separate cov er from your re m itta n ce ,
to the A s s is ta n t T reasurer at New O rlean s, a d v is in g him th a t your shipment
has been made, g iv in g amount, s t a t in g whether g o ld c o in or g o ld c e r t i f i c a t e s ,

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

page 2 , C i r c u l a r # 9

and s t a t in g whether by r e g is t e r e d m ail o r express* and, if by latter, giving
none o f exp ress company.
Form Ho. 2 is a l e t t e r o f tra n s m itta l to be e n c lo s e d w ith your
shipment, a d v is in g the A s s is ta n t T reasurer o f the amount and d e s c r ip t io n o f
the e n c lo s u r e , to g e th e r w ith in s t r u c t io n s r e la t iv e to d is p o s it io n o f same*
Form Ho. 3 must a ls o be e n c lo s e d w ith your shipment, and i s to be
sign ed by the A s s ista n t T reasurer and forwarded to t h is bank., Upon r e c e ip t
by us o f t h is ad vice from the A s s is ta n t T reasurer, your tem porary s to c k
c e r t i f i c a t e w i l l be execu ted and forw arded to you*
Form Ho. 4 is to be used in a d v is in g t h is bank o f your shipment to
the A s s is ta n t Treasurer *
Should you p r e fe r to make your rem ittance d ir e c t to t h is bank,
p lea se use Forms Hos, 1 , 2 and 4 , changing the words “ A s s is ta n t Treasurer
o f the United S t a t e s , Hew O rlea n s, La*" to "F ederal Reserve bank o f D a lla s ,”
but we e a r n e s tly requ est that you make your shipment to the A s s ista n t
Treasurer at New Orleans as o u tlin e d above.
I t is hoped that you w i l l c a r e f u l l y fo llo w the above in s t r u c t io n s ,
in ord er to a id us in the prompt issuance o f the c e r t i f i c a t e s f o r the
second in sta llm en t o f c a p it a l s to c k .
R e s p e c t fu lly ,
FEDERAL RESERVE BANK OF DALLAS,
By Jo W. Hoopes, Cashier*