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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States Circular No. 1941 May 18, 1939 HOME OWNERS' LOAN CORPORATION 2% PERCENT BONDS, SERIES B NOTICE OF CALL FOR REDEMPTION BEFORE MATURITY To all Banks and Trust Companies in the Second Federal Reserve District and Others Concerned: Following is the text of a public notice of call dated May 18, 1939, approved by the Secretary of the Treasury: HOME OWNERS' LOAN CORPORATION 23,4 PERCENT BONDS, SERIES B NOTICE OF CALL FOR REDEMPTION BEFORE MATURITY To Holders of Home Owners' Loan Corporation 2% percent bonds, Series B, and Others Concerned: Public notice is hereby given that all outstanding Home Owners' Loan Corporation 2% percent bonds, Series B, dated August 1, 1934, are hereby called for redemption on August 1, 1939, and will cease to bear interest on that date. Full information regarding the presentation and surrender of the bonds for redemption under this call will be given in a Treasury Department circular to be issued later. Holders of Home Owners' Loan Corporation bonds now called for redemption on August 1, 1939, will be offered the privilege of exchanging all or any part of their called bonds for other interest-bearing obligations of the Home Owners' Loan Corporation, concerning which public notice will be given by the Secretary of the Treasury on Monday, May 22, 1939. FEDERAL HOME LOAN BANK BOARD HOME OWNERS' LOAN CORPORATION John H. Fahey, Chairman. Washington, D. C, May 18,1939. APPROVED: HENRY MORGENTHAU, JR., Secretary of the Treasury. A copy of the Treasury Department circular referred to in the above call will be mailed to all banks and trust companies in the Second Federal Reserve District and others concerned on receipt of a copy thereof from the Treasury Department. GEORGE L. HARRISON, President.