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902 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Wednesday, June 11, 1947. PRESENT: Mr. Mr. Mr. Mr. Eccles, Chairman Draper Evans Vardaman Mr. Mr. Mr. Mr. Carpenter, Secretary Sherman, Assistant Secretary Morrill, Special Adviser Thurston, Assistant to the Chairman Minutes of actions taken by the Board of Governors of the Federal Reserve System on June 10, 1947, were approved unanimously. Memorandum dated June 4, 1947, from Mr. Leonard, Director °f the Division of Examinations, recommending that, effective as or the date upon which he enters upon the performance of his duties 4rter passing the usual physical examination, William D. Smith be 413Potated on a temporary indefinite basis as a Federal Reserve ExWith basic salary at the rate of $7,581 per annum, and with (Ifficial headquarters at Washington, D. C. By unanimous vote, Mr. William D. Smith was appointed on a temporary indefinite basis as an examiner to examine Federal Reserve Banks, member banks of the Federal Reserve System, and corporations operating under the provisions of sections 25 and 25(a) of the Federal Reserve Act, for all purposes of the Federal Reserve Act and of all other acts of Congress pertaining to examinations made by, for, or under the direction of the Board of Governors of the Federal Reserve System, and was designated as a Federal Reserve Examiner, with official headquarters at Washington, D. C., and with 903 6/11/47 -2basic salary at the rate of $7,581 per annum, effective as of the date upon which he enters upon the performance of his duties after having passed the usual physical examination. Telegram to Mr. DeMoss, Vice President of the Federal Reserve ank of Dallas, reading as follows: "Relet June 7, 1947. Board approves appointment of Marvin Earnest Gillespie as assistant examiner for Federal Reserve Bank of Dallas. Please advise effective date." Approved unanimously. Letter to Mr. Neely, Chairman of the Federal Reserve Bank of Atlanta, reading as follows: "At the completion of the examination of the Federal Reserve Bank of Atlanta, made as of April 15, 1947, by the Board's examiners, a copy of the report of examination was left for your information and that of the directors. A copy was also left for President McLarin. "The Board will appreciate advice that the report has been considered by the board of directors. Any comments you may care to offer regarding discussions with respect to the examination, or as to action taken or to be taken as a result of the examination, will also be appreciated" Approved unanimously. Secretary. Chairman.
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