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TREASURY DEPARTMENT WASHINGTON THE SECRETARY OF THE T R E A S U R Y WASH I NGTON NOTICE OF THE ESTABLISHMENT OF FEDERAL RESERVE BANKS. November 16, 1914 To all Member Banks of the Federal Reserve Bank of St. Louis, District No. 8. Whereas the necessary provisions of the Act of Congress approved December 23, 1913, and known as the Federal Reserve Act, have bben complied with, and a certificate authorizing the Federal Reserve Bank of St. Louis to commence business has been executed and delivered by the Comptroller of the Currency to said bank; Now, therefore, in accordance with Section 19 of said Act, you are hereby notified that said bank has been established and opened for business and that the reserve requirements prescribed by said section, together with other provisions of the Federal Reserve Act partaining to matters of operation of said Federal Reserve Bank and its members as defined by the Act referred to, sahll, from and after this date, become effective. For your information and guidance there is inclosed an approved form for compution of reserve under the provisions of said Act, and a copy of Section 19 of said Act relating to and defining such reserve requirements. November 14, 1914 My Dear Mr. Martin: I enclose formal announcement of the establishment of the Federal Reserve Bank of St. Louis, copies of which should be sent to the member banks of the Federal Reserve District No. 8. It has occurred to me that the original announcement may become of historical volue and that it might, therefore, appropriately be kept in the archives of the Federal Reserve Bank of St. Louis. It was suggested to me that each of the twelve original announcements should be signed with a separate pen, so that there might be presented to the Federal Reserve Bank of each District the pen with which the Secretary signed the announcement. I yielded to the suggestion merely because I thought the pen might, in deed, become an interesting souvenier of the ocassion. It give me great pleasure, therefore, to send the pen with which the announcement in your District was signed, with the request that you present it to the Board of Directors of the Federal Reserve Bank of St. Louis with my compliments and best wishes. Very sincerely yours, William McC. Martin, Esq., Federal Reserve Agent and Chairman of Board of Directors, Federal Reserve Bank of St. Louis St. Louis, Missouri. Secretary of the Treasury TREASURY DEPARTMENT THE SECRETARY OF THE TREASURY WASH I NGTON WASHINGTON November 14, 1914 Secretary of the Treasury My Dear Mr. Martin: NOTICE OF THE ESTABLISHMENT OF FEDERAL RESERVE BANKS. November 16, 1914 To all Member Banks of the Federal Reserve Bank of St. Louis, District No. 8. I enclose formal announcement of the establishment of the Federal Reserve Bank of St. Louis, copies of which should be sent to the member banks of the Federal Reserve District No. 8. It has occurred to me that the original announcement may become of historical value and that it might, therefore, appropriately be kept in the archives of the Federal Reserve Bank of St. Louis. Whereas the necessary provisions of the Act of Congress approved December 23, 1913, and known as the Federal Reserve Act, have been complied with, and a certificate authorizing the Federal Reserve Bank of St. Louis to commence business has been executed and delivered by the Comptroller of the Currency to said bank; Now, therefore, in accordance with Section 19 of said Act, you are hereby notified that said bank has been established and opened for business and that the reserve requirements prescribed by said section, to- It was suggested to me that each of the twelve original announcements should be signed with a separate pen, so that there might be presented to the Federal Reserve Bank of each District the pen with which the Secretary signed the announcement. I yielded to the suggestion merely because I thought the pen might, in time, become an interesting souvenier of the occasion. It give me great pleasure, therefore, to send the pen with which the announcement in your District was signed, with the request that you present it to the Board of Directors of the Federal Reserve Bank of St. Louis with my compliments and best wishes. gether with other provisions of the Federal Reserve Act pertaining to matters of operation of said Federal Reserve Bank and its members as defined by the Act referred to, shall, from and after this date, become effective. For your information and guidance there is inclosed an approved form for computation of reserve under the provisions of said Act, and a copy of Section 19 of said Act relating to and defining such reserve requirements. [Signed] W. G. McAdoo Secretary of the Treasury Very sincerely yours, [Signed] W.G. McAdoo William McC. Martin, Esq., Federal Reserve Agent and Chairman of Board of Directors, Federal Reserve Bank of St. Louis St. Louis, Missouri.