Full text of District Notices (Federal Reserve Bank of Dallas) : [Treasury Department Circular No. 696, Second Amendment]

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FEDERAL. RESERVE B AN K OF D A L LA S
F IS C A L . A G E N T O F T H E U N IT E D

STATES

Dallas, Texas, July 28, 1943

TREASURY SAVINGS NOTES OF SERIES C

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
For your information and guidance, there is enclosed a copy of the
Second Amendment, dated July 27, to Treasury Department Circular No.
696. This Amendment in effect dispenses with the thirty days’ advance
notice previously required in submitting Treasury Savings Notes of Series
C for redemption during and after the sixth calendar month after the
month of issue.
As stated in the First Amendment to Department Circular No. 696,
the designation “Treasury Notes of Tax Series C” will be continued until
existing stocks are exhausted, after which notes with the designation
“ Treasury Savings Notes, Series C” will be issued.
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)

UNITED STATES OF AMERICA

TREASURY SAVINGS NOTES

Series C

1943
Second Amendment to
Department Circular No. 696
Fiscal Service
Bureau of the Public Debt

TREASURY DEPARTMENT,
Office o f the Secretary,
Washington, July 27, 1943.

V. CASH REDEMPTION AT OR PRIOR TO MATURITY

1. General— (a) Any Treasury Savings Note of Series C not presented
in payment of taxes will be paid at maturity, or, at the option and request
of the owner and without advance notice, will be redeemed before maturity,
but the notes may be redeemed before maturity only during and after the
sixth calendar month after the month of issue (as shown on the face of
each note).
This amendment shall apply to Treasury Savings Notes, Series C,
and to notes issued as Treasury Notes of Tax Series C without regard to
the date of issue or to the designation of the notes.

HENRY MORGENTHAU, JR.,
Secretary of the Treasury.

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