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FEDERAL RESERVE BANK
OF NEW YORK

Check Department

r - Circular No. 286 June 1, 1920
Supplementing Circulars No
278, dated May 17, 1920 and
L No. 258, dated March 1, 1920.

d

Collection of Checks

7

Immediate Credit for Checks Drawn On
First National Bank, Town of Union, New Jersey
National Bank of North Hudson, West Hoboken, New Jersey
To all Member Banks in the Second Federal Reserve District:

Checks drawn on the First National Bank, Town of Union, (Weehawken
Post Office) New Jersey, and the National Bank of North Hudson, West
Hoboken, New Jersey, will be received by us for immediate credit in the same
manner as are checks which are received by us drawn on certain other New
Jersey banking institutions listed in our supplementary schedule of May 19,
1920, accompanying our Circular No. 278 of May 17, 1920.
Such checks will, of course, be received and handled under the terms and
conditions of our general circular entitled "Collection of Checks" dated March
1, 1920.




Very truly yours,
J. II. CASE,

Acting Governor

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