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federal r eser v e ba n k

of

Dallas

FISCAL AGENT OF THE UNITED STATES
D ALLAS, TEXAS 7 5 2 2 2

Circular No, 68-100
April 25, 1968

To All Qualified Savings Bond Paying Agents
in the Eleventh Federal Reserve District:

As you are aware, United States Savings Notes (Freedom
Shares) were issued beginning May 1, 1 967 , and by their terms
are eligible for redemption one year after issue date.

The

Treasury Department has advised that legislation is pending
to permit savings bond paying agents the authority to redeem
savings notes.
In the meantime, eligible savings notes presented to you
for redemption on and after May 1, 1968 , may be handled by
certifying requests for payment and forwarding the notes to
an office of this Bank for payment to registered owners.
Yours very truly,
P. E. Coldwell
President

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