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FEDERAL RESERVE BANK OF CHICAGO
GOVERNMENT BOND DEPARTMENT
R OO M 36 1·20 9 SO . LA S ALLE ST.

AD DR ESS ALL COM M U NI CAT IONS
RELA TIVE T O GOV E R NMEN T BON D S

8 , B , CR AM ER , A SST CA SHIE R:
0. A . JONE S, A SS T. CASH IE R

P . O . BOX 805

Circular No. 48 .
December 4, 1917 .

TO THE BANK OR TRUST COMPANY ADDRESSED:
PAYMENT OF COUPONS FROM UNITED STATES BONDS

Coupons from United States Government bonds are payable,
when due, on presentation to the Treasurer of the United States ,
to an Assistant Treasurer of the United States, or to a Federal
Reserve Bank or branch thereof .
All coupons presented to thi s bank for payment should be
arranged accordlng to Loan and denomination, and then sor ted with
the bond numbers in numerical order, 50 of the same kind being
put undez· a strap . . The remaining odds arranged in like manner
should be strapped, leaving one package of each kind containing
less than 5·0. Each strap should bear a statement in brief of
the contents .
Nothing in these instructions is to be construed as
prohibiting the holder of United States Government coupons f rom
cashing them at any bank or trust company that is willing to
accommodate its patrons :l.n this respect; or at a post office
authorized by the Postmaster General to cash such coupcns.
Coupons so cashed, however, must. , under no circumstances, be
canceled except by the Treasurer of t he United St ates, an
Assistant Treasurer, or a Federal Reserve Bank, to whom they
have be en delivered for a6 t ual pRyment. Coupon s previ ously
canceled will riot be so paid.


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Federal Reserve Bank of St. Louis

FEDERAL RESERVE BANK OF CHICAGO
Government B~nd Depart ment.