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A rneetinl: of the :III:ecutive Comittee of the Federal 7eserve 7oard was held in the office of the Vice nro yern.or on Saturday,- Dc.,cerler 16th, 1922, at 11:00 Pclock. 713 : vernor 131at t -train Fr Fr. Fr. P.m:ton, Secretary Tice The Vice r`rov ornor sulmitted a telegram dated -)ecember 15th, from the Chairmn of the Federal T'eserve Ban;c: of Atlanta, requestin?; action on the recorrnen6at,on of the Board of Directors of the '-'eueral 7eserve Tank of Atlanta submitted in a letter from Fr. I:cCord dated December 9th, that the Board approve the acceptance of bids and material quotations received by the 2ederal eserve Punk of Atlanta for the construction of a tvio story and vaults for the Jacksonville branch. Fr. tqatt also read to the rornittee I'3. FcCord's letter of December 9th on the subject of the jacksonvi lle brare h build The Vice Crovernor was authorized to transmit to I.ccCord the follow inr. telegram: "your telegram Decanter 15th to Iroy.ton. The Board authorizes acceptance of lids for tro story buildino. and vaults with the distinct understairling that this approval covers only a total expenditure of not more than '250,000 for build ing and real estate. Your attention is directed to the last paragraph of my letter Decenter 6th." The m etirc adjourned at 11:20 o'clock. 2Cr-t"r. AjprOVed: _y/d7?fz rice 'irovernor.
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