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Minutes of actions taken by the Board of Governors of the Federal Reserve System on Thursday, October 11, 1951. PRESENT: Mr. Mr. Mr. Mr. Martin, Chairman Szymczak Norton Powell Mr. Sherman, Assistant Secretary Mr. Kenyon, Assistant Secretary Minutes of actions taken by the Board of Governors of the Federal Reserve System on October 5, 1951, were approved unanimously. Minutes of actions taken by the Board of Governors of the Federal Reserve System on October 8, 9, and 10, 1951, were approved and the actions recorded therein were ratified unanimously. Memorandum dated October 9, 1951, from Mr. Bethea, Director, Division of Administrative Services, recommending that the resignation of Mrs. Alice King Watt, Assistant Supervisor, Stenographic Section of that Division, be accepted to be effective, in accordance with her request, at the close of business November 21 1951. Approved unanimously. Memorandum dated October 4, 1951, from Mr. Townsend, Solicitor, stating that Crow Lumber Company, Vermilion, Ohio, a Registrant under Regulation WI Consumer Credit, had refused to permit investigation of its books and records by the staff of the Federal Reserve Bank of Cleveland, and recommending that the Board file suit in the appropriate United States District Court asking for a court order requiring the company to 14 10/11/51 19 () -2- make its records available for reasonable inspection. Approved unanimously. Secretary.
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