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1449 Minutes of actions taken by the Board of Governors of the ?sclera). Reserve System on Wednesday, August 20, 1952. PRESENT: Mr. Mr. Mr. Mr. Mr. Szymczak, Chairman pro tem. Evans Vardaman Mills Robertson Mr. Carpenter, Secretary Mt. Sherman, Assistant Secretary Mr. Kenyon, Assistant Secretary Minutes of actions taken by the Board of Governors of the Federal 413 " ve System on August 19, 1952, were approved unanimously. Letter to Mr. Pondrom, Vice President, Federal Reserve Bank of 13411as, reading as follows: "Reference is made to your letter of August 11, 1952, ib:mating the request of the Washington County State Bank, ,Terillam, Texas, for approval, under the provisions of Secion 24A of the Federal Reserve Act, of an additional investment in bank premises covering the cost of remodeling !rid enlarging its bank building. It is understood that the Irtal cost will not exceed $98,000, which, added to present cx* value, will result in a carrying value of bank premises tot to exceed $110,000. "In view of your recommendation, the Board approves the investment as proposed." r Approved unanimously.