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FEDERAL RESERVE BANK OF NEW YORK - Fiscal Agent of the United States Government Pond and Safekeeping Department ["Circular No. 813~| l_October 15, 1927J HANDLING SECOND LIBERTY LOAN BONDS FOR REDEMPTION Holders Urged to Surrender Them Now To all Han1 s, Trust C<'tn"anit>* and Others Concerned in the Second Federal Reseive District: On November 15, 1927, as previously announced by the Secretary of the Treasury, all Second Liberty Loan bonds become redeemable and will cease to bear interest. Such bonds therefore should be presented at once for payment on November 15, 1927. Methods to Expedite Payments At the present time there are about $830,000,000 of the bonds outstanding. A large proportion of this amount is held in the smaller denominations by many thousands of owners. Due to this wide distribution, redemptions will be facilitated if banking institutions will use separate "redemption applications" when surrendering both coupon and registered bonds. Supplies of these forms are enclosed. Coupon Bonds The light green application should accompany Second Liberty Loan 4 per cent bonds and another such application should accompany Second Liberty Loan Converted 4*4 per cent bonds, both in coupon form, presented for redemption. Coupons dated November 15, 1927, which become payable on that date, should be detached and such coupons should be collected by the holders in regular course. All coupons bearing dates subsequent to November 15, 1927, must be attached to any such bonds when presented for redemption on November 15, 1927. If any such coupons are missing from bonds presented for redemption, the bonds will nevertheless 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 Department to provide for the redemption of such missing coupons as may subsequently be presented. Registered Bonds The gray colored application should accompany Second 4s and another such application should accompany Second 41/4s, both in registered form, presented for redemption. Such registered bonds must be assigned by the registered payees or assigns thereof, or by their repre- \ sentatives, to "The Secretary of the Treasury for redemption," in accordance with the general regulations of the Treasury Department governing such assignments. The transfer books for registered bonds of the Second Liberty Loan "will not close prior to November 15, 1927. Final interest due on thit date will not be paid by interest chocks in regular course but will be covered by payments to be made simultaneously with the payments on account of principal. Bond Shipments at Holder's Risk 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 Bank of New York, and holders may take advantage of such arrangements, when possible, utilizing such incorporated banks and trust companies as their agents. Further Information Full details with respect to the redemption of the Second Libert}'- Loan are contained in Treasury Department Circular No. 381, a reprint of which accompanied Circular No. 784 of this bank dated May 9, 1927. Further information together with an additional supply of the redemption forms may be obtained upon application to this bank. The cooperation of all holders of Second Liberty Loan bonds is earnestly requested in handling the redemptions and holders are respectfully urged to present their bonds now to insure prompt payment of principal and interest when due on November 15, 1927, particularly with respect to registered bonds which must be forwarded to Washington for release of registration before payment can be made. Very truly yours, BENJ. STRONG, Governor. Registered Bond REDEMPTION APPLICATION Second Liberty Loan Registered Bonds Date. FEDERAL RESERVE BANK OF NEW YORK, Fiscal Agent of the United States, NEW YORK, N. Y. Pursuant to the provisions of Treasury Department Circular No. 381, dated May 9, 1927, the undersigned, being the true owner, assignee of, or the duly authorized agent of the true owner or assignee, presents and surrenders herewith for redemption $ , face amount, of Second Liberty Loan Bonds in registered form, as follows: SECOND 4%'s Pieces Denomination SECOND 4's CHECK ( X ) ISSUE PRESENTED Use separate applications for Second 4's and Second Par Amount Leave Blank Numbers $50 100 500 1,000 5,000 10,000 50,000 100,000 Total Face Amount Make Payment as Indicated [I] By check • By credit to Reserve Account • Special instructions attached (Name) (Address) (Official signature required) deceived Checked Examined Recorded Coupon Bond REDEMPTION APPLICATION Second Liberty Loan Coupon Bonds Date.. FEDERAL RESERVE BANK OF NEW YORK, Fiscal Agent of the United States, NEW YORK, N. Y. Pursuant to the provisions of Treasury Department Circular No. 381, dated May 9, 1927, the undersigned presents and surrenders herewith for redemption $. ...., face amount, of Second Liberty Loan Bonds in coupon form, with coupon due May 15, 1928, and all subsequent coupons attached, as follows: SECOND 4V4 's CHECK ( X ) ISSUE PRESENTED Use separate applications for Second 4'« and Second 4%'s SECOND 4's MATURED COUPONS MUST BE DETACHED AND SUBMITTED SEPARATELY FOR REDEMPTION Pieces Denomination Par Amount Numbers $50 100 500 1,000 5,000 10,000 Total Face Amount Received Make Payment at Indicated • By check D By credit to Reserve Account • Special instruction* attached (Address) By. Checked Examined Recorded Registered Bond REDEMPTION APPLICATION Second Liberty Loan Registered Bonds Date.. FEDERAL RESERVE BANK OF NEW YORK, Fiscal Agent of the United States, NEW YORK, N. Y. Pursuant to the provisions of Treasury Department Circular No. 381, dated May 9, 1927, the undersigned presents and surrenders herewith for redemption $ , face amount, of Second Liberty Loan Bonds in registered form, duly assigned, as follows: SECOND 41/4 's Pieces Denomination SECOND 4's CHECK (X) ISSUE PRESENTED Use separate applications for Second 4's and Second 4%'s Par Amount Leave Blank Numbers $50 100 500 1,000 5,000 10,000 50,000 100,000 Fotal Face Amount Make Payment as Indicated D By check G By credit to Reserve Account G Special instructions attached * (Name) (Addresj) \ By.. \ Digitized Received for FRASER Checked Examined Recorded
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