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A meeting of the Federal Reserve Board was held in the office of
the Federal Reserve Board on Friday, 7ebruary 26, 1932, at 12:45 p. m.
Governor 1:Toyer
. Hard_in
1:iller
1'r. So.rnes
T7r. 1:agee
17,r. norrill, Secretary
Lr. I.J.cOlelland, Assistant Secretary.
A surety bond in the amount of .40,000 duly executed on February
26 by T1.. T. C. 17oell as Fiscal A3ent of the Board, in accordance with
the action taken at the meeting, of the Federal Reserve Board on February
25, was apl)roved.

Thereupon, the meeting adjourned.

Approved: