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FEDERAL RESERVE BANK OF NEW YORK Circular No. 10399 ”1 [ November 13, 1990 J Closing of Freedom National Bank To All Depository Institutions, and Others Concerned, in the Second Federal Reserve District: W e h av e b e e n a d v ise d th a t o n N o v e m b e r 9 , 1 9 9 0 , th e C o m p tro lle r o f th e C u rre n c y d e c la re d in so lv e n t F re e d o m N a tio n a l B a n k , N ew Y ork, N . Y. (R o u tin g No. 0 2 6 0 -0 4 3 4 -9 ) a n d a p p o in te d th e F e d e ra l D e p o s it In s u ra n c e C o rp o ra tio n as receiv er. W e w ill b e re tu rn in g c a sh ite m s in c lu d e d in o u r c a sh le tte rs to F re e d o m N a tio n a l B an k a n d c h a rg in g fo r su c h ite m s in a c c o rd a n c e w ith th e p ro v isio n s o f R e g u la tio n J o f th e B o a rd o f G o v e rn o rs o f th e F e d e ra l R e se rv e S y s te m (1 2 C .F .R . P a rt 210). W e w ill a lso r e tu rn ite m s th a t w o u ld o th e rw is e b e p re s e n te d to F re e d o m N a tio n a l B an k . E. G erald C o r r ig a n , President.
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