8 Percent Treasury Bonds of 1941-43

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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States

'Circular No. 2177*1
, February 25, 1941 J

Offerings of
United States of America 2 Percent Treasury Bonds of 1948-50
Dated and bearing interest from March 15, 1941

Due March 15, 1950

United States of America % Percent Treasury Notes of Series D-1943
Dated and bearing interest from March 15, 1941

Due March 15, 1943

Only Treasury Bonds of 194143, called for redemption on March 15, 1941, or Treasury Notes
of Series A-1941, maturing March 15, 1941, may be tendered in payment

Redemption of 3 % Percent Treasury Bonds of 1941-43

To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

Secretary of the Treasury Morgenthau today announced an offering of United
States of America 2 percent Treasury Bonds of 1948-50, dated and bearing interest
from March 15,1941, due March 15,1950, and an offering of United States of America
% percent Treasury Notes of Series D-1943, dated and bearing interest from March
15, 1941, due March 15,1943, in payment of which only 3% percent Treasury Bonds
of 1941-43, called for redemption on March 15, 1941, or 1% percent Treasury Notes
of Series A-1941, maturing March 15,1941, may be tendered. Cash subscriptions will
not be received. The terms of these offerings are set forth respectively in Treasury
Circulars Nos. 649 and 650 dated February 25,1941, copies of which are printed on the
following pages.
It will be noted from the Treasury circulars that the income derived from the
bonds and notes now offered shall be subject to all Federal taxes, now or hereafter
imposed. The bonds and notes shall be subject to estate, inheritance, gift or other
excise taxes, whether Federal or State, but shall be exempt from all taxation now or
hereafter imposed on the principal or interest thereof by any State, or any of the
possessions of the United States, or by any local taxing authority.

The subscription books for these offerings are now open, and applications will be
received by this bank as fiscal agent of the United States. Subscriptions should be
made on official subscription blanks and mailed immediately, or if filed by telegram or
letter, should be confirmed immediately by mail on the blanks provided.
At the request of the Secretary of the Treasury we transmit herewith a printed
copy of Treasury Department Circular No. 648, dated February 25, 1941, governing
the redemption of 3% percent Treasury Bonds of 1941-43.
Treasury Bonds of 1941-43 called for redemption on March 15, 1941, if not tendered in payment for 2 percent Treasury Bonds of 1948-50 or % percent Treasury
Notes of Series D-1943 should be presented and surrendered in the manner prescribed
in Treasury Department Circular No. 648.

ALLAN SPEOUL,

President.

UNITED STATES OF AMERICA
2 PERCENT TREASURY BONDS OF 1948-50
Dated and bearing interest from March 15, 1941
Due March 15, 1950
Redeemable at the option of the United States at par and accrued interest on and after March 15, 1948
Interest payable March 15 and September 1,5
i*»

Department Circular No. 649
_

Bureau If the "public Debt

TREASURY DEPARTMENT,
-.
„.
OFFICE OF THE SECRETARY,

Washington, February 25, 1941.

I. OFFERING OF BONDS
1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved
September 24, 1917, as amended, invites subscriptions, at par, from the people of the United States for 2
percent bonds of the United States, designated Treasury Bonds of 1948-50, in payment of which only
Treasury Bonds of 1941-43, called for redemption on March 15, 1941, or Treasury Notes of Series A-1941,
maturing March 15,1941, may be tendered. The amount of the offering under this circular will be limited to
the amount of Treasury Bonds of 1941-43 and of Treasury Notes of Series A-1941 tendered and accepted.
II. DESCRIPTION OF BONDS
1. The bonds will be dated March 15, 1941, and will bear interest from that date at the rate of
2 percent per annum, payable semiannually on September 15, 1941, and thereafter on March 15 and September 15 in each year until the principal amount becomes payable. They will mature March 15, 1950, but
may be redeemed at the option of the United States on and after March 15, 1948, in whole or in part, at
par and accrued interest, on any interest day or days, on 4 months' notice of redemption given in such
manner as the Secretary of the Treasury shall prescribe. In case of partial redemption the bonds to be
redeemed will be determined by such method as may be prescribed by the Secretary of the Treasury. From
the date of redemption designated in any such notice, interest on the bonds called for redemption shall cease.
2. The income derived from the bonds shall be subject to all Federal taxes, now or hereafter imposed.
The bonds shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but
shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any state,
or any of the possessions of the United States, or by any local taxing authority.
3. The bonds will be acceptable to secure deposits of public moneys, but will not bear the circulation
privilege and will not be entitled to any privilege of conversion.
4. Bearer bonds with interest coupons attached, and bonds registered as to principal and interest, will
be issued in denominations of $50, $100, $500, $1,000, $5,000, $10,000 and $100,000. Provision will be made
for the interchange of bonds of different denominations and of coupon and registered bonds, and for the
transfer of registered bonds, under rules and regulations prescribed by the Secretary of the Treasury.
5. The bonds will be subject to the general regulations of the Treasury Department, now or hereafter
prescribed, governing United States bonds.
III. SUBSCRIPTION AND ALLOTMENT
1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury
Department, Washington. Banking institutions generally may submit subscriptions for account of customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as official
agencies.
2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or in part, and
to close the books as to any or all subscriptions at any time without notice; and any action he may take
in these respects shall be final. Subject to these reservations, all subscriptions will be allotted in full.
Allotment notices will be sent out promptly upon allotment.

IV.

PAYMENT

1. Payment at par for bonds allotted hereunder must be made or completed on or before March
15, 1941, or on later allotment, and may be made only in Treasury Bonds of 1941-43, called for
redemption on March 15, 1941, or in Treasury Notes of Series A-1941, maturing March 15, 1941, which will
be accepted at par, and should accompany the subscription. Payment of final interest due March 15, 1941,
on securities exchanged hereunder will be effected, in the case of coupon bonds or notes, by payment of
March 15, 1941 coupons, which should be detached by holders before presentation of the securities for
exchange, and in the case of registered bonds, by checks drawn in accordance with the assignments on the
bonds surrendered.
V. SURRENDER OF CALLED BONDS
1. Coupon bonds.—Treasury Bonds of 1941-43 in coupon form tendered in payment for bonds offered
hereunder should be presented and surrendered with the subscription to a Federal Reserve Bank or Branch
or to the Treasurer of the United States, Washington, D. C. Coupons dated September 15, 1941, and all
coupons bearing subsequent dates, should be attached to such bonds when surrendered, and if any such
coupons are missing, the subscription must be accompanied by cash payment equal to the face amount of the
missing coupons. The bonds must be delivered at the expense and risk of the holder. Facilities for transportation of bonds by registered mail insured may be arranged between incorporated banks and trust companies and the Federal Reserve Banks, and holders may take advantage of such arrangements when available, utilizing such incorporated banks and trust companies as their agents.
2. Registered bonds.—Treasury Bonds of 1941-43 in registered form tendered in payment for bonds
offered hereunder should be assigned by the registered payees or assignees thereof, in accordance with the
general regulations of the Treasury Department governing assignments for transfer or exchange, in one of
the forms hereafter set forth, and thereafter should be presented and surrendered with the subscription to a
Federal Reserve Bank or Branch or to the Treasury Department, Division of Loans and Currency, Washington, D. C. The bonds must be delivered at the expense and risk of the holder. If the new bonds are desired
registered in the same name as the bonds surrendered, the assignment should be to " The Secretary of the
Treasury for exchange for Treasury Bonds of 1948-50"; if the new bonds are desired registered in another
name, the assignment should be to " The Secretary of the Treasury for exchange for Treasury Bonds of
1948-50 in the name of
" ; i f n e w bonds in coupon form are desired, the assignment
should be to "The Secretary of the Treasury for exchange for Treasury Bonds of 1948-50 in coupon form
to be delivered to
".
VI. GENERAL PROVISIONS
1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive
subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the
Treasury to the Federal Reserve Banks of the respective districts, to issue allotment notices, to receive payment for bonds allotted, to make delivery of bonds on full-paid subscriptions allotted, and they may issue
interim receipts pending delivery of the definitive bonds.
2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or
amendatory rules and regulations governing the offering, which will be communicated promptly to the
Federal Reserve Banks.
HENRY MORGENTHAU, Jr.,
Secretary of the Treasury.

UNITED STATES OF AMERICA
% PERCENT TREASURY NOTES OF SERIES D-1943
Dated and bearing interest from March 15, 1941
Due March 15, 1943
Interest payable March 15 and September 15
1941

TREASURY DEPARTMENT,

Department Circular No. 650

_
O F F I C E OF T H E SECRETARY,

Bureau of the Public Debt

Washington, February 25, 1941.
I. OFFERING OF NOTES

1. The Secretary of the Treasury, pursuant to the authority of the Second Liberty Bond Act, approved
September 24, 1917, as amended, invites subscriptions, at par, from the people of the United States for
% percent notes of the United States, designated Treasury Notes of Series D-1943, in payment of which
only Treasury Bonds of 1941-43, called for redemption on March 15, 1941, or Treasury Notes of Series
A-1941, maturing March 15, 1941, may be tendered. The amount of the offering under this circular will
be limited to the amount of Treasury Bonds of 1941-43 and of Treasury Notes of Series A-1941 tendered
and accepted.
II. DESCRIPTION OF NOTES
1. The notes will be dated March 15, 1941, and will bear interest from that date at the rate of %
percent per annum, payable semiannually on September 15, 1941, and thereafter on March 15 and September 15 in each year until the principal amount becomes payable. They will mature March 15, 1943, and
will not be subject to call for redemption prior to maturity.
2. The income derived from the notes shall be subject to all Federal taxes, now or hereafter imposed.
The notes shall be subject to estate, inheritance, gift or other excise taxes, whether Federal or State, but
shall be exempt from all taxation now or hereafter imposed on the principal or interest thereof by any state,
or any of the possessions of the United States, or by any local taxing authority.
3. The notes will be accepted at par during such time and under such rules and regulations as shall
be prescribed or approved by the Secretary of the Treasury in payment of income and profits taxes payable at the maturity of the notes.
4. The notes will be acceptable to secure deposits of public moneys, but will not bear the circulation
privilege.
5. Bearer notes with interest coupons attached will be issued in denominations of $100, $500, $1,000,
$5,000, $10,000 and $100,000. The notes will not be issued in registered form.
6. The notes will be subject to the general regulations of the Treasury Department, now or hereafter
prescribed, governing United States notes.
III.

SUBSCRIPTION AND ALLOTMENT

1. Subscriptions will be received at the Federal Reserve Banks and Branches and at the Treasury
Department, Washington. Banking institutions generally may submit subscriptions for account of
customers, but only the Federal Reserve Banks and the Treasury Department are authorized to act as
official agencies.
2. The Secretary of the Treasury reserves the right to reject any subscription, in whole or in part, and
to close the books as to any or all subscriptions at any time without notice; and any action he may take in
these respects shall be final. Subject to these reservations, all subscriptions will be allotted in full. Allotment notices will be sent out promptly upon allotment.

IV. PAYMENT
1. Payment at par for notes allotted hereunder must be made or completed on or before March 15,
1941, or on later allotment, and may be made only in Treasury Bonds of 1941-43, called for redemption on
March 15,1941, or in Treasury Notes of Series A-1941, maturing March 15, 1941, which will be accepted at
par, and should accompany the subscription. Payment of final interest due March 15, 1941, on securities
exchanged hereunder will be effected, in the case of coupon bonds or notes, by payment of March 15, 1941
coupons, which should be detached by holders before presentation of the securities for exchange, and in the
case of registered bonds, by checks drawn in accordance with the assignments on the bonds surrendered.
V. SURRENDER OF CALLED BONDS
1. Coupons bonds.—Treasury Bonds of 1941-43 in coupon form tendered in payment for notes offered
hereunder should be presented and surrendered with the subscription to a Federal Reserve Bank or Branch
or to the Treasurer of the United States, Washington, D. C. Coupons dated September 15, 1941, and all
coupons bearing subsequent dates, should be attached to such bonds when surrendered, and if any such
coupons are missing, the subscription must be accompanied by cash payment equal to the face amount of
the missing coupons. The bonds must be delivered at the expense and risk of the holder. Facilities for
transportation of bonds by registered mail insured may be arranged between incorporated banks and trust
companies and the Federal Reserve Banks, and holders may take advantage of such arrangements when
available, utilizing such incorporated banks and trust companies as their agents.
2. Registered bonds.—Treasury Bonds of 1941-43 in registered form tendered in payment for notes
offered hereunder should be assigned by the registered payees or assignees thereof to '' The Secretary of the
Treasury for exchange for Treasury Notes of Series D-1943 to be delivered to
",
in accordance with the general regulations of the Treasury Department governing assignments for transfer
or exchange, and thereafter should be presented and surrendered with the subscription to a Federal Reserve
Bank or Branch or to the Treasury Department, Division of Loans and Currency, Washington, D. C. The
bonds must be delivered at the expense and risk of the holder.
VI. GENERAL PROVISIONS
1. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to receive
subscriptions, to make allotments on the basis and up to the amounts indicated by the Secretary of the
Treasury to the Federal Reserve Banks of the respective districts, to issue allotment notices, to receive
payment for notes allotted, to make delivery of notes on full-paid subscriptions allotted, and they may issue
interim receipts pending delivery of the definitive notes.
2. The Secretary of the Treasury may at any time, or from time to time, prescribe supplemental or
amendatory rules and regulations governing the offering, which will be communicated promptly to the
Federal Reserve Banks.

HENRY MORGENTHAU, Jr.,
Secretary of the Treasury.

REDEMPTION OF W/% PERCENT TREASURY BONDS OF 1941-43
i94i

TREASURY DEPARTMENT,

epartment ircu ar o.
Fiscal Service

OFFICE OF THE SECRETARY,
,
7-17.
nr- *r\i-t
Tr77 .

Bureau of the Public Debt

Washington, February 25,1941

To Holders of 3% percent Treasury Bonds of 1941-43, and Others Concerned:
I.

NOTICE OF CALL FOR REDEMPTION BEFORE MATURITY

On November 14, 1940, the following public notice of call for redemption was given:
To Holders of 3% percent Treasury Bonds of 1941-43, and Others Concerned:
1. Public notice is hereby given that all outstanding 3 % percent Treasury Bonds of 1941-43, dated March 16,
1931, are hereby called for redemption on March 15, 1941, on which date interest on such bonds will cease.
2. 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.
3. Holders of these bonds may, in advance of the redemption date, be offered the privilege of exchanging all or
any part of their called bonds for other interest-bearing obligations of the United States, in which event publie
notice will hereafter be given.
TREASURY DEPARTMENT,

HENRY MORGENTHAU, JR.,

Washington, November 14, 1940.
II.

Secretary of the Treasury.

OPTIONAL EXCHANGE OFFERING

1. Holders of 3 % percent Treasury Bonds of 1941-43 are today offered the privilege of exchanging all
or any part of their called bonds for 2 percent Treasury Bonds of 1948-50 or for % percent Treasury Notes
of Series D-1943, both bonds and notes being dated and bearing interest from March 15, 1941. Full information concerning the exchange offering is contained in Treasury Department Circular No. 649 and in
Treasury Department Circular No. 650, both circulars dated February 25, 1941. As the exchange privilege
may be terminated at any time without notice, holders of 3 % percent Treasury Bonds of 1941-43 who
desire to take advantage of the offering should act immediately, following the instructions given in Treasury Department Circular No. 649 and No. 650.
III.

R U L E S AND REGULATIONS GOVERNING R E D E M P T I O N OF 3 % P E R C E N T
TREASURY BONDS O F 1941-43

Pursuant to the call for redemption, as set forth in Section I of this circular, the following rules and
regulations are hereby prescribed to govern the presentation and surrender for cash redemption on March
15, 1941, of 3 % percent Treasury Bonds of 1941-43:
1. Payment of called bonds on March 15,1941.—Holders of any outstanding Treasury Bonds of 1941-43
will be entitled to have such bonds redeemed and paid at par on March 15, 1941, with interest in full to
that date. After March 15, 1941, interest will not accrue on any such bonds.
2. Presentation and surrender of coupon bonds.—Treasury Bonds of 1941-43 in coupon form should
be presented and surrendered to any Federal Reserve Bank or Branch, or to the Treasurer of the United
States, Washington, D. C , for redemption on March 15, 1941. The bonds must be delivered at the expense
and risk of holders (see par. 9 of this section) and should be accompanied by appropriate written advice
(see Form P. D. 1669 attached hereto). Checks in payment of principal will be mailed to the address
given in the form of advice accompanying the bonds surrendered.
3. Coupons dated March 15, 1941, which become payable on that date, should be detached from any
Treasury Bonds of 1941-43 before such bonds are presented for redemption on March 15, 1941, and such
coupons should be collected in regular course when due. All coupons pertaining to such bonds bearing

dates subsequent to March 15, 1941, must be attached to any such bonds when presented for redemption,
provided, however, if any such coupons are missing from bonds so presented for redemption the bonds
nevertheless will be redeemed, but the full face amount of any such missing coupons will be deducted from
the payment to be made on account of such redemption, and any amounts so deducted will be held in the
Treasury to provide for adjustments or refunds on account of such missing coupons as may subsequently
be presented.
4. Presentation and surrender of registered bonds.—Treasury Bonds of 1941-43 in registered form
must be assigned by the registered payees or assignees thereof, or by their duly constituted representatives, in accordance with the general regulations of the Treasury Department governing assignments, in
the form indicated in the next paragraph hereof, and thereafter should be presented and surrendered to
any Federal Reserve Bank or Branch, or to the Division of Loans and Currency, Treasury Department,
Washington, D. C, for redemption on March 15, 1941. The bonds must be delivered at the expense and
risk of holders (see par. 9 of this section) and should be accompanied by appropriate written advice (see
Form P. D. 1670 attached hereto). In all cases cheeks in payment of principal and final interest due will
be mailed to the address given in the form of advice accompanying the bonds surrendered.
5. If the registered payee, or an assignee holding under proper assignment from the registered payee,
desires that payment of the principal and final installment of interest be made to him, the bonds should
be assigned by such payee or assignee, or by a duly constituted representative, to ''The Secretary of the
Treasury for redemption". If it is desired, for any reason, that payment be made to some other person,
without intermediate assignment, the bonds should be assigned to "The Secretary of the Treasury for
redemption for the account of
", inserting the name
and address of the person to whom payment is to be made. A representative or fiduciary should not
assign for payment to himself individually, unless expressly authorized to do so by court order or by the
instrument under which he is acting; he may, however, assign for payment to himself in his representative or fiduciary capacity.
6. Assignment in blank, or other assignment having similar effect, will be recognized, but in that event
payment will be made to the person surrendering the bond for redemption, since under such assignment
the bond becomes in effect payable to bearer. Assignments in blank or assignments having similar effect
should be avoided, if possible, in order not to lose the protection afforded by registration.
7. A bond registered in the name of, or assigned to, a corporation or unincorporated association will
ordinarily be redeemed for the account of such corporation or unincorporated association upon an appropriate assignment for that purpose executed on behalf of the corporation or unincorporated association
by a duly authorized officer thereof, without proof of the officer's authority. In all such eases payment
will be made only by check drawn to the order of the corporation or unincorporated association.
8. Final interest due on March 15, 1941, on registered Treasury Bonds of 1941-43 will be paid with
the principal in accordance with the assignments on the bonds surrendered.
9. Transportation of bonds.—Bonds presented for redemption under this circular must be delivered to a Federal Reserve Bank or Branch, or to the Treasury Department, Washington, D. C, at the
expense and risk of the holder. Coupon bonds should be forwarded by registered mail insured, or by
express prepaid. Registered bonds bearing restricted assignments may be forwarded by registered mail,
but registered bonds bearing unrestricted assignments should be forwarded by registered mail insured,
or by express prepaid. Facilities for transportation of bonds by registered mail insured may be
arranged between incorporated banks and trust companies and the Federal Reserve Banks, and holders
may take advantage of such arrangements when available, utilizing such incorporated banks and trust
companies as their agents. Incorporated banks and trust companies are not agents of the United States
under this circular.
IV.

PRESENTATION OF CALLED BONDS FOR REDEMPTION

1. Treasury Bonds of 1941-43 should be presented and surrendered in the manner herein prescribed,
and redemption will be expedited if the bonds are presented to Federal Reserve Banks, or Branches, and not
direct to the Treasury Department.

GENERAL PROVISIONS

1. Any further information which may be desired regarding the redemption of Treasury Bonds of
1941-43 under this circular may be obtained from any Federal Reserve Bank or Branch, or from the
Treasury Department, Washington, D. C, where copies of the Treasury Department's regulations governing assignments also may be obtained.
2. As fiscal agents of the United States, Federal Reserve Banks are authorized and requested to perform any necessary acts under this circular. The Secretary of the Treasury may at any time, or from
time to time, prescribe supplemental or amendatory rules and regulations governing the matters covered
by this circular, which will be communicated promptly to the Federal Reserve Banks.

HENRY MORGENTHAU, JR.,
Secretary of the Treasury.

TREASURY DEPARTMENT

FOR COUPON BONDS
(For registered, bonds use Form PD 1670)

FISCAL SERVICE
BUREAU OF THE PUBLIC DEBT

Form PD 1669
FORM OF ADVICE TO ACCOMPANY 3% PERCENT TREASURY BONDS OF 1941-43 IN COUPON
FORM PRESENTED FOR REDEMPTION ON MARCH 15, 1941
To the FEDERAL EESERVE BANK OF

or
TREASURER OF THE UNITED STATES, Washington, B. C:

Pursuant to the provisions of Treasury Department Circular No. 648, dated February 25, 1941 the undersigned presents and
surrenders herewith for redemption on March 15, 1941, $
, face amount of 3% percent Treasury Bonds of
1941-43 in coupon form, with coupon due September 15, 1941, and all subsequent coupons attached, as follows:
Number of bonds

Denomination

Face amount

Serial numbers of bonds
$

$50
100
500
1,000
5,000
10,000
100,000
TOTAL

and requests that remittance covering payment therefor be forwarded to the undersigned at the address indicated below.
Signature
Name
(Please print)
Address in full
Bate
TREASURY DEPARTMENT

FOR REGISTERED BONDS
(For coupon bonds use Form PB 1669)

FISCAL SERVICE
BUREAU OF THE PUBLIC DEBT

Form PD 1670
FORM OF ADVICE TO ACCOMPANY 3% PERCENT TREASURY BONDS OF 1941-43 IN REGISTERED
FORM PRESENTED FOR REDEMPTION ON MARCH 15, 1941
To the FEDERAL RESERVE BANK or

or
TREASURY DEPARTMENT, DIVISION OF LOANS AND CURRENCY, Washington, B. C:

Pursuant to the provisions of Treasury Department Circular No. 648, dated February 25, 1941 the undersigned presents and
surrenders herewith for redemption on March 15, 1941, $
1941-43 in registered form, inscribed in the name of
redemption, as follows:
Number of bonds

Denomination

, face amount of 3% percent Treasury Bonds of
and duly assigned for
Serial numbers of bonds

$50
100
500
1,000
5,000
10,000
50,000

Face amount
$

100,000
TOTAL

and requests that remittance covering payment of principal and final interest be forwarded to the undersigned at the
address indicated below.
Signature
Name
(Please print)

Address in full.
Date

ORIGINAL

NR-B-D

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to..

Number.

Address.

Date

Receipt is hereby acknowledged of $
par amount United States of America l1/^ percent Treasury Notes of Series A-1941
surrendered in payment for United States of America % percent Treasury Notes of Series D-1943 subscribed for and allotted in full pursuant to the
terms of Treasury Department Circular No. 650, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below
should be duly executed and returned to us.
FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United States.
Date Received

Mail Sheet No.

Refer to your letter dated

No.

Teller.

AUTHORITY TO DELIVER

DELIVERY RECEIPT
Received from the Federal Reserve Bank of New York United
States Government obligations at par in the amount authorized to
be delivered as stated in the accompanying "authority to deliver",
issued in exchange for an equal amount of United States Government
obligations surrendered in payment as indicated in the above nonnegotiable receipt.

FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United States.
You are hereby authorized to deliver to
(Name of representative)

whose signature appears below $
par amount
of the total amount of United States Government obligations subscribed for and allotted in full in exchange for United States Government obligations surrendered in payment as indicated in the above
non-negotiable receipt.
Name
(Please print)

By.

(Official signature required)

Date.

(Signature of authorized representative)

TRIPLICATE

PAYMENT AND DISPOSITION RECORD OF EXCHANGE SUBSCRIPTION
For United States Government Obligations as Mentioned Below

Non-negotiable receipt
was
Issued to.

Number.

Address
as follows:

Date

Receipt is hereby acknowledged of $
par amount United States of America 1% percent Treasury Notes of Series A-1941
surrendered in payment for United States of America % percent Treasury Notes of Series D-1943 subscribed for and allotted in full pursuant to the
terms of Treasury Department Circular No. 650, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered in whole OT in part at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below
should be duly executed and returned to us.
FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United States.
Date Received
Refer to your letter dated

Mail Sheet No... .
No.

Teller
OVER COUNTER

SOURCE OF RECEIPT
SAFEKEEPING
GOVERNMENT DEPOSIT

REGISTERED MAIL

ALLOTMENT

D I S P O S I T I O N

PREMIUM
INTEREST DUE

OVER COUNTER

SAFEKEEPING

GOVERNMENT DEPOSIT

TOTAL
INTEREST PAYABLE
AMOUNT PAID

Digitized
FRASER
AMOUNTfor
RECEIVED

SPECIAL DELIVERY INSTRUCTIONS

SHIP

.. -

DUPLICATE

FILE COPY OF NON-NEGOTUBLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to

Number...

Address

Date

Eeceipt is hereby acknowledged of $
par amount United States of America 1% percent Treasury Notes of Series A-1941
surrendered in payment for United States of America % percent Treasury Notes of Series D-1943 subscribed for and allotted in full pursuant to the
;erms of Treasury Department Circular No. 650, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered in whole or in part at the Federal Eeserve Bank of New York over the counter to your representative the "authority to deliver" set forth below
should be duly executed and returned to us.
FEDERAL RESERVE BANK or NEW YORK

Date Received
Refer to your letter dated

Fiscal Agent of the United States.

Mail Sheet No.
No.

Teller

ORIGINAL

NR-B-B

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to..

Number...

Address.

Date

Receipt is hereby acknowledged of $
par amount United States of America 3% percent Treasury Bonds of 1941-43
surrendered in payment for United States of America % percent Treasury Notes of Series D-1943 subscribed for and allotted in full pursuant to the
terms of Treasury Department Circular No. 650, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below
should be duly executed and returned to us.
FEDERAL RESERVE BANK OF NEW YORK

Fiscal Agent of the United States.
Date Received

Mail Sheet No.

Refer to your letter dated

Teller.

No..

DELIVERY RECEIPT

AUTHORITY TO DELIVER

Received from the Federal Reserve Bank of New York United
States Government obligations at par in the amount authorized to
be delivered as stated in the accompanying "authority to deliver",
issued in exchange for an equal amount of United States Government
obligations surrendered in payment as indicated in the above nonnegotiable receipt.

FEDERAL RESERVE BANK or N E W YORK

Fiscal Agent of the United States.
You are hereby authorized to deliver to
(Name of representative)
whose signature appears below $
par amount
of the total amount of United States Government obligations subscribed for and allotted in full in exchange for United States Government obligations surrendered in payment as indicated in the above
non-negotiable receipt.
Name
(Please print)

By.

(Official signature required)
Date.

(Signature of authorized representative)

TRIPLICATE

PAYMENT AND DISPOSITION RECORD OF EXCHANGE SUBSCRIPTION
For United States Government Obligations as Mentioned Below

Non-negotiable receipt
was
Issued to.

Number.

Address
as follows:

Date

Date Received

Fiscal Agent of the United States.

Mail Sheet No.....

Refer to your letter dated

No.
DATE

Teller
OVER COUNTER

SOURCE OF RECEIPT
GOVERNMENT DEPOSIT
SAFE BEEPING

REGISTERED MAIL

ALLOTMENT

DISPOSITION

PREMIUM
INTEREST DUE

OVER COUNTER

SAFEKEEPING

GOVERNMENT DEPOSIT

TOTAL
INTEREST PAYABLE
AMOUNT PAID
Digitized
FRASER
AMOUNTfor
RECEIVED

SPECIAL DELIVERY INSTRUCTIONS

SHIP

DUPLICATE

FILE COPY OF NON-NEGOTUBLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to

Number....

Address

Date

Date Received
Refer to your letter dated

Fiscal Agent of the United States.

Mail Sheet No
No.

Teller

ORIGINAL

NR-B-C

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to..

Number.

Address.

Date

Beceipt is hereby acknowledged of $
par amount United States of America 1% percent Treasury Notes of Series A-1941
surrendered in payment for United States of America 2 percent Treasury Bonds of 1948-50 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 649, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below should
be duly executed and returned to us.
FEDERAL RESEEVE BANK OP NEW YORK

Date Received...

Fiscal Agent of the United States.

Mail Sheet No.

Refer to your letter dated

....No....

Teller

AUTHORITY TO DELIVER

FEDERAL RESERVE BANK OP NEW YORK

Fiscal Agent of the United States.
You are hereby authorized to deliver to
(Name of representative)

(Please print)

(Official signature required)

Date

(Signature of authorized representative)

TRIPLICATE

PAYMENT AND DISPOSITION RECORD OF EXCHANGE SUBSCRIPTION
Non-negotiable receipt
p o r United States Government Obligations as Mentioned Below

was

Issued to
Address
as follows:

Number
-

Date

Receipt is hereby acknowledged of $
par amount United States of America 1% percent Treasury Notes of Series A-1941
surrendered in payment for United States of America 2 percent Treasury Bonds of 1948-50 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 649, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should
be duly executed and returned to us.
FEDERAL RESERVE BANK OP NEW YORK

Date Received

Fiscal Agent of the United States.

Mail Sheet No.

Refer to your letter dated .

No.
DATE

Teller
OVER COUNTER

SOURCE OF RECEIPT
SAFEKEEPING
GOVERNMENT DEPOSIT

REGISTERED MAIL

ALLOTMENT

D I S P O S I T I O N

PREMIUM
INTEREST DUE

OVER COUNTER

SAFEKEEPING

GOVERNMENT DEPOSIT

TOTAL
INTEREST PAYABLE
AMOUNT PAID

Digitized
FRASER
AMOUNTfor
RECEIVED

SPECIAL DELIVERY INSTRUCTIONS

SHIP

DUPLICATE

FILE COPY OF NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to

Number....

Address

Date

Receipt is hereby acknowledged of $
par amount United States of America 1*4 percent Treasury Notes of Series A-1941
surrendered in payment for United States of America 2 percent Treasury Bonds of 1948-50 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 649, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below should
be duly executed and returned to us.
FEDERAL RESEEVE BANK or NEW YORK

Date Received
Refer to your letter dated

Fiscal Agent of the United States.
Mail Sheet No
No

Teller

ORIGINAL

NR-B-A

NON-NEGOTIABLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to..

Number.

Address.

Date

Receipt is hereby acknowledged of $
par amount United States of America 3% percent Treasury Bonds of 1941-43
surrendered in payment for United States of America 2 percent Treasury Bonds of 1948-50 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 649, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the ' ' authority to deliver'' set forth below should
be duly executed and returned to us.
FEDERAL RESERVE BANK OP NEW YORK

Date Received

Fiscal Agent of the United States.

Mail Sheet No.

Refer to your letter dated

No.

Teller.

AUTHORITY TO DELIVER

FEDERAL RESERVE BANK or NEW YORK

Fiscal Agent of the United States.
You are hereby authorized to deliver to
(Name of representative)

(Please print)

By.

(Official signature required)

Date.

(Signature of authorized representative)

TRIPLICATE

PAYMENT AND DISPOSITION RECORD OF EXCHANGE SUBSCRIPTION
For United States Government Obligations as Mentioned Below

Non-negotiable receipt
was
Issued to.

Number.

Address.,
as follows:

Date

Receipt is hereby acknowledged of $
par amount United States of America 3% percent Treasury Bonds of 1941-43
surrendered in payment for United States of America 2 percent Treasury Bonds of 1948-50 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 649, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should
be duly executed and returned to us.
FEDERAL RESERVE BANK OF NEW YORK

Date Received

Fiscal Agent of the United States.

Mail Sheet No.....

Refer to your letter dated

No...
DATE

OVER COUNTER

Teller
SOURCE OP1 RECEIPT
GOVERNMENT DEPOSIT
SAFEKEEPING

REGISTERED MAIL

ALLOTMENT

DISPOSITION

PREMIUM
INTEREST DUE

OVER COUNTER

SAFEKEEPING

GOVERNMENT DEPOSIT

TOTAL
INTEREST PAYABLE
AMOUNT PAID

AMOUNT RECEIVED

SPECIAL DELIVERY INSTRUCTIONS

SHIP

DUPLICATE

FILE COPY OF NON-NEGOTUBLE RECEIPT
For United States Government Obligations as Mentioned Below
Issued to

Number....

Address

Date

Receipt is hereby acknowledged of $
par amount United States of America 3% percent Treasury Bonds of 1941-43
surrendered in payment for United States of America 2 percent Treasury Bonds of 1948-50 subscribed for and allotted in full pursuant to the terms
of Treasury Department Circular No. 649, dated February 25, 1941. If such new securities issued in exchange for those surrendered are to be delivered
in whole or in part at the Federal Reserve Bank of New York over the counter to your representative the "authority to deliver" set forth below should
be duly executed and returned to us.
FEDERAL RESERVE BANK OP NEW YORK

Date Received
Refer to your letter dated

Fiscal Agent of the United States.

Mail Sheet No.
No.

Teller

EA-N-N

NOTE EXCHANGE SUBSCRIPTION
For Use When United States of America 1*4 Percent Treasury Notes
of Series A-1941 Maturing March 15, 1941 Are Tendered in Payment

FOR UNITED STATES OF AMERICA % PERCENT TREASURY NOTES OF SERIES D-1943
Dated March 15, 1941

Due March 15, 1943

One day's interest on $1,000 on coupon payable September 15, 1941 (184 day period) is $.020380485
NOTE:
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.
FEDERAL RESERVE BANK OF NEW YORK,

Dated at.

Fiscal Agent of the United States,
New York, N. Y.

.1941

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 650, dated February 25, 1941, the undersigned
hereby subscribes for United States of America % percent Treasury Notes of Series D-1943, in the amount and as stated
below, and tenders in payment therefor United States of America V/2 percent Treasury Notes of Series A-1941, maturing
March 15, 1941, which are:
iVian
Delivered to you herewith

In the amount of $.

To be delivered to you for our account
by
To be withdrawn from securities
you are holding for our account
Total amount of subscription
Issue and dispose of securities allotted on this subscription as indicated below:
DISPOSITION

DENOMINATIONS

1,000

1. Deliver over the counter to the undersigned
—
2. Ship to the undersigned
3. Hold in safekeeping For member
bank only)
4. Hold as collateral for War Loan
deposits
5. Deliver as indicated below

5,000

Deliver to:

Pieces

Par Value

Leave Blank

XXX

$100
500

&
$...
&
$
$
Against
Payment of

Par Amount

10,000

•p

XX XXX

100,000
Total

and credit proceeds to our Reserve account

•

or to our account with
The undersigned, if a bank or trust company, hereby certifies (a) that the securities which you are hereby or hereafter instructed
to dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and (b) that the securities
which you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 4 and 5 above are either the sole
property of the undersigned or the property of its customers who have authorized in writing such disposition.
(Fill in all required spaces before signing)

TO SUBSCRIBER:

Name of Subscriber.

Please indicate if this is a confirmation

If subscriber is a Bank or Trust Company,
please indicate amount of this subscription
for own account.
A

(Please print)

(Official signature required)

(Title)

Street address
City, Town or Village, and State.

Spaces below for the use of the Federal Reserve Bank
KECEIVED

CHECKED

TAKEN FROM VAULT

COUNTED

CHECKED

BLOTTER

DELIVERED

AUDIT

EA-CB-N

COUPON BOND EXCHANGE SUBSCRIPTION
For Use When United States of America 3% Percent Treasury Bonds of 1941-43 in
Coupon Form, Called for Redemption on March 15, 1941, Are Tendered in Payment

FOR UNITED STATES OF AMERICA % PERCENT TREASURY NOTES OF SERIES D-1943
Dated March 15, 1941

Due March 15, 1943

One day's interest on $1,000 on coupon payable September 15, 1941 (184 day period) is $.020380485
NOTE:
Coupons dated September 15, 1941, and all coupons bearing subsequent dates, should be attached to such bonds when
surrendered, and if any such coupons are missing, the subscription must be accompanied by cash payment equal to the face
amount of the missing coupons.
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.

Dated at.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.

.1941

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 650, dated February 25,1941, the undersigned hereby
subscribes for United States of America % percent Treasury Notes of Series D-1943, in the amount and as stated below,
and tenders in payment therefor United States of America 3% percent Treasury Bonds of 1941-43, called for redemption on
March 15, 1941, which are:
Delivered to you herewith

In the amount of $.

Pieces

1. Deliver over the counter to the undersigned
2. Ship to the undersigned.
3. Hold in safekeeping (For member

Leave Blank

XXX

$100

<p
$

4. Hold as collateral for War Loan
deposits
5. Deliver as indicated bel(

500

1,000
Deliver to:

5,000

Against
Payment of

Par Amount
*1

10,000

<t>

XX XXX

100 000
and credit proceeds to our Reserve account

Total

•

TO SUBSCRIBER:

Name of Subscriber.
(Please print)

Please indicate if this is a confirmation.

If subscriber is a Bank or Trust Company,
please indicate amount of this subscription
for own account.

(Official signature required)

(Title)

Street address.
City, Town or Village, and State.

Spaces below for the use of the Federal Reserve Bank
RECEIVED

CHECKED

TAKEN FROM VAULT

COUNTED

CHECKED

BLOTTER

DELIVERED

AUDIT

EA-N-BL,

NOTE EXCHANGE SUBSCRIPTION
For Use When United States of America 1% Percent Treasury Notes
of Series A-1941 Maturing March 15, 1941 Are Tendered in Payment

FOR UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1948-50
Dated March 15, 1941
Due March 15, 1950
NOTE:
If registered securities of the series offered are desired upon issue the required necessary instructions must be given as indicated in the
spaces provided on this subscription.
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.

Dated at

FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.
DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 649, dated February 25, 1941, the undersigned hereby subscribes for United States of America 2 percent Treasury Bonds of 1948-50, in the amount and as stated below, and
tenders in payment therefor United States of America 1% percent Treasury Notes of Series A-1941, maturing March 15,
1941, which are:
Delivered to you herewith

In the amount of $.

When both coupon securities and registered
securities are desired,
use a separate subscription form for each.

DISPOSITION
1. Deliver over the counter to the undersigned
$..
$

2. Ship to the undersigned
3. Hold in safekeeping

DENOMINATIONS
Par Value

Pieces

[For member
<P

Leave Blank

$50

4. Register in the names as indicated in
the schedule on reverse side

100

5. Hold as collateral for "W ar Loan
deposits

500

6. Deliver as indicated bel 3W

1,000

Deliver to:

Against
Payment of

Par Amount

5,000

10,000
XX XXX

100,000

•

and credit proceeds to our Reserve account.
or to our account with

Total

The undersigned, if a bank or trust company, hereby certifies (a) that the securities which you are hereby or hereafter instructed
to dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and (b) that the securities
which you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 5 and 6 above are either the sole
property of the undersigned or the property of its customers who have authorized in writing such disposition.
(Fill in all required spaces before signing)

TO SUBSCRIBER:

Name of Subscriber.

Please indicate if this is a confirmation.

By.

(Pleaie print)
(Official signature required)

If subscriber is a Bank or Trust Company,
please indicate amount of this subscription
for own account.
A

(Title)

Street address

City, Town or Village, and State.

Spaces below for the use of the Federal Reserve Bank
EECEIVED

CHECKED

TAKEN FROM VAULT

COUNTED

CHECKED

BliOTTEB

DELIVERED

AUDIT

SCHEDULE FOR ISSUE OF REGISTERED BONDS
lEir" Names and addresses must be printed or typewritten.
Indicate under appropriate denominations, number of bonds desired.
Name in which bonds shall be registered, and postoffice address for interest checks and mail.

Amount

$50

$100

$500

$1,000

$5,000

$10,000

XXX

$10(

EA-CB-BL

COUPON BOND EXCHANGE SUBSCRIPTION
For Use When United States of America 3% Percent Treasury Bonds of 1941-43 in
Coupon Form, Called for Redemption on March 15, 1941, Are Tendered in Payment

FOR UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1948-50
Dated March 15, 1941

Due March 15, 1950

NOTE:
If registered securities of the series offered are desired upon issue the required necessary instructions must be given as indicated
in the spaces provided on this subscription.
Coupons dated September 15, 1941, and all coupons bearing subsequent dates, should be attached to such bonds when surrendered, and if any such coupons are missing, the subscription must be accompanied by cash payment equal to the face amount of the
missing coupons.
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.

Dated at.
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.

.1941

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 649, dated February 25, 1941, the undersigned hereby subscribes for United States of America 2 percent Treasury Bonds of 1948-50, in the amount and as stated below, and
tenders in payment therefor United States of America 3% percent Treasury Bonds of 1941-43, called for redemption on
March 15, 1941, which are:
Delivered to you herewith

In the amount of $

To be delivered to you for our account
by

To be withdrawn from securities
you are holding for our account
Total amount of subscription

Issue and dispose of securities allotted on this subscription as indicated below:
When both coupon securities and registered
securities are desired,
use a separate subscription form for each.

Indicate by X mark

In coupon
form

In registered
form

DENOMINATIONS
Par Value

Pieces

Leave Blank

100
500

DISPOSITION
1. Deliver over the counter to the undersigned
2. Ship to the undersigned
3. Hold in safekeeping (For member
bank only)
4. Register in the names as indicated in
the schedule on reverse side
5. Hold as collateral for War Loan
deposits
6. Deliver as indicated below
Deliver to:

1,000

$
$
$

$
$
Against
Payment of

Par Amount

5,000
10,000
and credit proceeds to our Reserve account
or to our account with

100,000

Total

•

TO SUBSCRIBER:
Please indicate if this is a confirmation

Name of Subscriber.

(Please print)

By
(Official signature required)

If subscriber is a Bank or Trust Company,
please indicate amount of this subscription
for own account.
$

(Title)

Street address
City, Town or Village, and State.

Spaces below for the use of the Federal Reserve Bank
BECMVED

CHECKED

TAKEN FROM VAULT

COUNTED

CHECKED

BLOTTER

DELIVERED

AUDIT

SCHEDULE FOR ISSUE OF REGISTERED BONDS
Names and addresses must be printed or typewritten.
Indicate under appropriate denominations, number of bonds desired.
Name in which bonds shall be registered, and postoffice address for interest checks and mail.

Amount

$50

$100

$500

$1,000

$5,000

$10,000

XXX

$10(

EA-RB-N

REGISTERED BOND EXCHANGE SUBSCRIPTION
For Use When United States of America 3% Percent Treasury Bonds of 1941-43 in
Registered Form, Called for Redemption on March 15, 1941, Are Tendered in Payment

FOR UNITED STATES OF AMERICA % PERCENT TREASURY NOTES OF SERIES D-1943
Dated March 15, 1941

Due March 15, 1943

One day's interest on $1,000 on coupon payable September 15, 1941 (184 day period) is $.020380435

NOTE:
Subscriptions for which securities of the United States are tendered in payment and accepted will be allotted in full.

Dated at
FEDERAL RESERVE BANK OF NEW YORK,

Fiscal Agent of the United States,
New York, N. Y.

1941

DEAR SIRS:

Pursuant to the provisions of Treasury Department Circular No. 650, dated February 25, 1941, the undersigned,
being the true owner, assignee of, or the duly authorized agent of the true owner or assignee, hereby subscribes for United
States of America % percent Treasury Notes of Series D-1943, in the amount and as stated below, and tenders in payment
therefor United States of America 3% percent Treasury Bonds of 1941-43, called for redemption on March 15,1941, which are:
Delivered to you herewith

In the amount of $

To be delivered to you for our account
by

To be withdrawn from securities
you are holding for our account

Total amount of subscription

DENOMINATIONS SURRENDERED
Par Value

Pieces

DENOMINATIONS DESIRED

Leave Blank

Pieces

Par Value

$50

XXX

100

$100

500

1,000

5,000

10,000

50,000

XX XXX

100,000

Total

Leave Blank

Dispose of securities allotted on this subscription as indicated below:
1. Deliver over the counter to the undersigned

5. Deliver as indicated below.
Deliver to:

2. Ship to the undersigned.
3. Hold in safekeeping
bank only)

Against
Payment of

Par Amount

(For member

4. Hold as collateral for War Loan
deposits
and credit proceeds to our Reserve account
or to our account with

•

The undersigned, if a bank or trust company, hereby certifies (a) that the securities which you are hereby or hereafter instructed
to dispose of in the manner indicated in item numbered 3 above are the sole property of the undersigned, and (b) that the securities
which you are hereby or hereafter instructed to dispose of in the manner indicated in items numbered 4 and 5 above are either the sole
property of the undersigned or the property of its customers who have authorized in writing such disposition.
(Fill in all required spaces before signing)

TO SUBSCRIBER:
Name of Subscriber
(Please print)

Please indicate if this is a confirmation.
By

If subscriber is a Bank or Trust Company,
please indicate amount of this subscription
for own account.

(Official signature required)

(Title)

Street address
City, Town or Village, and State

Spaces below for the use of the Federal Reserve Bank
RECEIVED

CHECKED

TAKEN FROM VAULT

COUNTED

CHECKED

BLOTTER

DEUVERED

AUDIT

EA-RB-B".

REGISTERED BOND EXCHANGE SUBSCRIPTION
For Use When United States of America 3% Percent Treasury Bonds of 1941-43 in
Registered Form, Called for Redemption on March 15, 1941, Are Tendered in Payment

FOR UNITED STATES OF AMERICA 2 PERCENT TREASURY BONDS OF 1948-50
Dated March 15, 1941

Due March 15, 1950

Dated at
FEDERAL RESERVE BANK OF N E W YORK,

Fiscal Agent of the United States,
New York, N. Y.

-i 041

DEAR SIRS :

Pursuant to the provisions of Treasury Department Circular No. 649, dated February 25, 1941, the undersigned,
being the true owner, assignee of, or the duly authorized agent of the true owner or assignee, hereby subscribes for United'
States of America 2 percent Treasury Bonds of 1948-50, in the amount and as stated below, and tenders in payment therefor
United States of America 3 % percent Treasury Bonds of 1941-43, called for redemption on March 15, 1941, which are:
Delivered to you herewith

In the amount of $

To be delivered to you for our account
by

To be withdrawn from securities
you are holding for our account

Total amount of subscription

DENOMINATIONS SURRENDERED
Pieces

Par Value

DENOMINATIONS DESIRED
Indicate by X mark

Leave Blank

In coupon

$50

In registered
form

form

100
Pieces

500

When both coupon securities and registered
securities are desired,
use a separate subscription form for each.

Par Value

1,000

$50

5,000

100

10,000

500

50,000

1,000

100,000

5,000

Total

10,000

Leave Blank

XXX XX

100,000

Total
Dispose of securities allotted on this subscription as indicated below:
1. Deliver over the counter to the undersigned

6. Deliver as indicated below.
Deliver to:

2. Ship to the undersigned.

Against
Payment of

Par Amount

3. Hold in safekeeping (For member
bank only)
4. Register in the names as indicated in
the schedule on reverse side
J. ILAd (to collateral for War Loan
deposits

•
$

and credit proceeds to our Reserve account

•

or to our account with

TO SUBSCRIBER:

Name of Subscriber.
(Please print)

Please indicate if this is a confirmation.

By.

If subscriber is a Bank or Trust Company,
please indicate amount of this subscription
for own account.
A

(Official signature required)

(Title)

Street address

City, Town or Village, and State.
Spaces below for the use of the Federal Reserve Bank

BECEIVED

CHECKED

TAKEN FROM VAULT

COUNTED

CHECKED

BLOTTER

DELIVERED

AUDIT

Amount

$50

$100

$500

$1,000

$5,000

$10,000

*-*

X X X

1 . -l_i—