12
COHRE3?0ftiDENCE ttETWEKh COkt'TKOLLl.H'o OFFICE -Jjp BARK. OF i'AlERICA Available copies of the following correspondence, unless otherwise indicated, are to be found in File Transamerica Corp., San.Francisco, Calif., Voting Permit - Correspondence, Etc., Part 7 (3/38 - l£/38).' 1 tfay 6 — Letter from A. p. Giannini to Digge relating to report of examination of Bank of America conpleted Aoril £0, 1938. (File #12, Transamerica Corp., Voting Permit, Correspondence from Chairman's Office) Sept. 13 — Tel «g ram Dig^s to Palmer (National Bank Examiner) re- lating to dividend policy of Bank of America. Sept. 13 — L e t t e r from Comptroller of Currency to Bank of America, A reference to this letter was found in Fxhibit 1 t o letter from Board of Directors of bank to Comptroller under date of Dec. 1 1 9 3 9 , but the letter has not yet been located in our files. Sept. IP — Letter of Chairman of Board of Directors of Bank of America ( A . p. Giannini) to Diggs in reply to above telegram, which was read to Board of Directors. Sept. 16 — Telegram L. M. Giannini to Eccles dated Sest. £0, 1938, and requesting hearing before Board refers to letter of Sept. 16, 1938, from Comptroller's office to each director Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Correspondence Between Comptroller's Office and Bank of

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Correspondence Between Comptroller's Office and Bank of

COHRE3?0ftiDENCE ttETWEKh COkt'TKOLLl.H'o OFFICE -Jjp BARK. OF i'AlERICA

A v a i l a b l e cop ies o f t h e f o l l o w i n g co r respondence , u n l e s s

o t h e r w i s e i n d i c a t e d , a re t o be found i n F i l e T ransamer i ca

C o r p . , S a n . F r a n c i s c o , C a l i f . , V o t i n g P e r m i t - Cor respondence, E t c . ,

P a r t 7 ( 3 / 3 8 - l £ / 3 8 ) . '

1

tfay 6 — L e t t e r f rom A . p . G i a n n i n i t o D igge r e l a t i n g t o r e p o r t

o f e x a m i n a t i o n o f Bank o f Amer ica c o n p l e t e d A o r i l £0,

1938. ( F i l e #12 , T ransamer i ca C o r p . , V o t i n g P e r m i t ,

Correspondence f rom C h a i r m a n ' s O f f i c e )

S e p t . 13 — T e l «g ram D i g ^ s t o Pa lmer ( N a t i o n a l Bank Examiner) r e -

l a t i n g t o d i v i d e n d p o l i c y o f Bank o f A m e r i c a .

S e p t . 13 — L e t t e r f r om C o m p t r o l l e r o f Cu r rency t o Bank o f Amer ica ,

A r e f e r e n c e t o t h i s l e t t e r was found i n F x h i b i t 1 t o

l e t t e r f rom Board o f D i r e c t o r s o f bank t o C o m p t r o l l e r

under da te o f Dec. 1 1 9 3 9 , but t h e l e t t e r has no t

y e t been l o c a t e d i n o u r f i l e s .

S e p t . I P — L e t t e r o f Chai rman o f Board o f D i r e c t o r s o f Bank o f

Amer ica (A . p . G i a n n i n i ) t o D iggs i n r e p l y t o above

t e l e g r a m , wh ich was read t o Board o f D i r e c t o r s .

S e p t . 16 — Te legram L . M. G i a n n i n i t o E c c l e s da ted S e s t . £0, 1938,

and r e q u e s t i n g h e a r i n g b e f o r e Board r e f e r s t o l e t t e r o f

S e p t . 16, 1938, f rom C o m p t r o l l e r ' s o f f i c e t o each d i r e c t o r

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 2: Correspondence Between Comptroller's Office and Bank of

- 2 -

1939 (continued)

i n p a r t i a l response t o A. P . G i a n n i n i ' s l e t t e r o f May 6,

1938, above r e f e r r e d t o . C o m p t r o l l e r ' s l e t t e r o f

Sep t . 16 ( p o s s i b l e S e p t . 13) i s a p p a r e n t l y not con ta ined

IK our f i l e s , Reference t o t h i s l e t t e r i s a l s o made

i n E x h i b i t 1 t o the l e t t e r o f Board o f D i r e c t o r s o f t h e

bank t o the C o m p t r o l l e r o f t he Currency o f Dec. 12, 1939.

S e p t . 23 — Copies o f two l e t t e r s addressed t o each member-of the

Board o f D i r e c t o r s o f Bank o f Amer ica by D iggs con-

t a i n i n g c r i t i c i s m s based on e x a m i n a t i o n completed

S e p t . 15, 1978, and r e l a t i n g t o p o s s i b l e f o r f e i t u r e o f

c h a r t e r o f Bank o f Amer ica .

O c t . 11 — L e t t e r f rom Bo&rd o f D i r e c t o r s o f bank t o C o m p t r o l l e r

c o n t a i n i n g d e t a i l e d r e p l y t o c r i t i c i s m s con ta ined i n

t e l eg ram and l e t t e r o f S e p t . 17, 1938, and l e t t e r o f

S e p t . 23, 1938. The l e t t e r o f O c t . 11 has n o t ye t been

l o c a t e d i n our f i l e s , but a r e f e r e n c e t h e r e t o was found

i n E x h i b i t 1 t o l e t t e r f rom Board o f D i r e c t o r s o f bank

t o C o m p t r o l l e r under date o f Dec. 12, 1339.

O c t . 15 — L e t t e r f rom Eve ra rd , S e c r e t a r y o f Bo^rd o f D i r e c t o r s

o f Bank o f Amer ica , t o C o m p t r o l l e r e n c l o s i n g a r e s o l u -

t i o n o f t he d i r e c t o r s o f t he bank i n r e p l y t o D i ^ s '

l e t t e r o f S e p t . 23, 1938. The r e s o l u t i o n i s accompanied

by a number o f e x h i b i t s .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 3: Correspondence Between Comptroller's Office and Bank of

-15-

19?9 (continued)

O c t . 19 — Acknowledgment by Upham, A c t i n g C o m p t r o l l e r , o f r e c e i p t

o f l e t t e r o f O c t . 11, 1978, f rom Board o f D i r e c t o r s o f

bank. T h i s l e t t e f r ha3 not y e t been l o c a t e d i n ou r f i l e s ,

but a r e fe rence t h e r e t o was found i n E x h i b i t 1 t o a l e t -

t e r from. Board o f D i r e c t o r s o f bank t o C o m p t r o l l e r under

da te o f Dec. 12, 1979.

Kov. 2? — L e t t e r f rom Delano t o 3osrd o f D i r e c t o r s a g r e e i n g t o

a con fe rence t o c l a r i f y i ssues r a i s e d by l e t t e r o f

Sept*. 27, 1978. T h i s l e t t e r has no t y e t been l o c a t e d i n

o u r f i l e s , but a r e f e r e n c e t h e r e t o was found i n E x h i b i t 1

t o a l e t t e r f r om Board o f D i r e c t o r s o f bank t o Comp-

t r o l l e r under da te o f Dec. 12, 1939.

Nov. 23 — Sho r t and l o n g agendo prepared by C o m p t r o l l e r * s o f f i c e

and f o r m i n g b a s i s f o r d i s c u s s i o n s l e a d i n g up t o agreement

o f Dec. 15, 1938. T h i s agenda i s ment ioned i n l e t t e r o f

Aug. 8 , 1979, f rom Board o f D i r e c t o r s t o C o m p t r o l l e r

o f Cu r rency , but a copy has net ye t been l o c a t e d i n o u r

f i l e s .

Dec. 15 — Copy o f a memorandum o f agreement f o r c o r r e c t i o n s

between B&nk o f Amer i ca , C o m p t r o l l e r ' s o f f i c e , and

c e r t a i n o t h e r governmenta l o f f i c e s , t o g e t h e r w i t h l e t -

t e r s o f same da te f r om Jesse Jones t o John Ecnes and

f rom L . G i a n n i n i t o C o m p t r o l l e r o f Cu r rency . ( F i l e

§12 , Transamer lca C o r p . , V o t i n g P e r m i t , Correspondence

f rom Cha i rm -n 's O f f i c e )

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 4: Correspondence Between Comptroller's Office and Bank of

- 4 -

1939 (cont inued)

Dec. 22 — L e t t e r f rom C o m p t r o l l e r o f Cur rency t o L . ? . G i a n n i n i

w i t h r espec t t o t h e agreement o f Dec. 15. ( F i l e #12 ,

T ransamer i ca C o r p . , V o t i n g P e r m i t , Correspondence f rom

Cha i rman ' s O f f i c e )

Dec. 31 — L e t t e r L . V , G i a n n i n i t o Delano w i t h r e f e r e n c e t o t h e

agreement o f Dec. 15 . ( F i l e # 1 2 , T ransamer ica C o r p . ,

V o t i n g P e r m i t , Correspondence f rom Cha i rman 's O f f i c e )

A v a i l a b l e cop ies o f t h e f o l l o w i n g co r respondence , u n l e s s

o t h e r w i s e i n d i c a t e d , a re t o be found i n F i l e £12, T ranaamer ica C o r p . ,

San F r a n c i s c o , C a l i f . , V o t i n g P e r m i t - Cor respondence, E t c . , P & r t 8

( 1 / 3 9 - 1 1 / 3 9 ) .

1939

J a n . 11 — L e t t e r f rom L . M. G i a n n i n i t o C o m p t r o l l e r a d v i s i n g t h a t

Board o f D i r e c t o r s had a u t h o r i z e d management t o f o l l o w

program d e s c r i b e e i n memo o f Dec. 15 . T h i s l e t t e r haa~

no t y e t been l o c a t e d i n o u r f i l e s , bu t a r e f e r e n c e t h e r e t o

was found i n E x h i b i t 1 t o a l e t t e r f ro i r Board o f D i r e c -

t o r s o f bank t o C o m p t r o l l e r under d a t e o f Dec. 12, 1939.

Feb. 20 — L e t t e r f rom Delano t o L . K. G i a n n i n i w i t h f u r t h e r

r e f e r e n c e t o agreement o f Dec. 15 , 1978. ( f i l e #12,

T ranaamer i ca C o r p . , V o t i n g P e r m i t , Correspondence f rom

C h a i r m a n ' s O f f i c e )

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 5: Correspondence Between Comptroller's Office and Bank of

- 5 -

1939 (cont inued)

V a r . 7 — . L e t t e r f rom L . M« G i a n n i n i t o Delano w i t h f u r t h e r

r e f e r e n c e t o agreement o f Dec. 15 , 1938. T h i s l e t t e r

r e f e r s t o a con fe rence w i t h t h e C o m p t r o l l e r on Feb. 25 ,

1939. No o t h e r I n f o r m a t i o n w i t h r o f e r e n c ^ t o t h i g con-

f e r e n c e has been found i n t h e B o a r d ' s f i l e s . ( F i l e 012,

- Transt t rcer ica C o r p . , V o t i n g P e r m i t , Correspondence f r om

C h a i r m a n ' s O f f i c e )

M a r . 15 — L e t t e r f rom E y e r a r d , o f Bank o f A m e r i c a , t o C o m p t r o l l e r

o f Cu r rency e n c l o s i n g copy o f r e s o l u t i o n o f Board o f

D i r e c t o r s r e l s t l n g t o i n c r e a s e o f c a p i t a l s t o c k . ( F i l e # 1 2 ,

T ransamer i ca C o r p . , V o t i n g D e r m i t , Correspondence f rom

Cha i rman ' s O f f i c e )

A p r . 14 — L e t t e r f rom C o m p t r o l l e r t o bank. T h i s l e t t e r i s men-

t i o n e d i n l e t t e r o f Aug. 8 , 1939, f rom tfoard o f D i r e c -

t o r s o f t h e bank t o t h e C o m p t r o l l e r , b u t has n o t / e t

been l o c a t e d i n ou r f i l e s *

A p r . 15 — L e t t e r f rom Delano t o L . M. G i a n n i n i r e f e r r i n g t o a c t i o n

t a k e n by Board o f D i r e c t o r s and c o n t a i n i n g form o f n o t i c e

t o s t o c k h o l d e r s i n c o n n e c t i o n w i t h proposed i n c r e a s e i n

c a p i t a l o f bank and d i r e c t i n g bank n o t t o t a k e any a c t i o n

t o i n c r e a s e b a n k ' s c a p i t a l u n t i l i t had consent o f Comp-

t r o l l e r . T h i s l e t t e r has no t y e t beer l o c a t e d i n o u r

f i l e s , bu t a r e f e r e n c e t h e r e t o was found i n E x h i b i t 1

t o a l e t t e r f rom Board o f D i r e c t o r s o f bank t o Comp-

t r o l l e r under d a t e o f Dec. 12, 1939.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 6: Correspondence Between Comptroller's Office and Bank of

- 6 -

1939 (cont inued)

A o r . 16 — L e t t e r f r om L . M. G i a n n i n i t o Delano w i t h r e f e r e n c e t o

a p p l i c a t i o n t o RFC f o r p r e f e r r e d s t o c k . ( F i l e $12,

Transamer i ca C o r p . , V o t i n g P e r m i t , Correspondence f rom

Cha i rman 's O f f i c e )

June 30 — L e t t e r f r o i r L . I ' . G i a n n i n i t o C o m p t r o l l e r . T h i s l e t t e r

i s mer i t ioned i n l e t t e r o f Aug. 8 , 19?9, f rom Board o f

D i r e c t o r s o f Bank o f Amer ica t o t h e C o m p t r o l l e r , bu t

has not y e t been l o c a t e d i n o u r f i l e s .

June 30 — Le t . t e r f rom C o m p t r o l l e r t o Board o f D i r e c t o r s r e q u e s t i n g

r e p l y t o l e t t e r o f A p r i l 14, 1939. T h i s l e t t e r has no t

ye t been l o c a t e d i n o u r f l l e n . b u t a r e f e r e n c e t h e r e t o

was found i n E x h i b i t 1 t o a l e t t e r f rom Board o f D i r e c -

t o r s o f bank t o C o m p t r o l l e r under da te o f Dec. 12, 1939.

J u l y 11 — L e t t e r f rom L . I f . G i a n n i n i t o C o m p t r o l l e r supp lemen t i ng

l e t t e r o f June 30 , 1939, w r i t t e n i n r e p l y t o l e t t e r o f

A p r i l 14, 1939, f rom C o n p t r o l l e r t o Board o f D i r e c t o r s .

T h i s l e t t e r has n o t y e t been l o c a t e d i n o u r f i l e s , but

a r e f e r e n c e t h e r e t o was found i n E x h i b i t 1 t o a l e t t e r

f rom Board o f D i r e c t o r s o f bank t o C o m p t r o l l e r under

da te o f Dec. 12 , 1935.

J u l y 11 — R e s o l u t i o n o f Board o f D i r e c t o r s a d o p t i n g l e t t e r s o f -

June 30 and J u l y 11, 1939, f rom L . to. G i a n n i n i t o Comp-

t r o l l e r as t h e i r r e p l y t o l e t t e r o f A p r i l 14 , 1939, f rom

C o m p t r o l l e r t o Board o f D i r e c t o r s . T h i s r e s o l u t i o n has

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 7: Correspondence Between Comptroller's Office and Bank of

_7-

1939 (cont inued)

no t ye t been l o c a t e d i n ou r f i l e s , bu t a r e f e r e n c e t h e r e t o

was found i n E x h i b i t 1 t o a l e t t e r f rom board o f D i r e c -

t o r s o f bank t o Compt ro l e r under da te o f Dec. 12 , 1933.

T e l e g r a i t o Delano f rom P r e s i d e n t o f Bank o f Amer i ca .

A copy o f t h i s t e l e g r a m i s c o n t a i n e d i n a t e l e g r a m o f

t h e same da te addressed t o Ece le3 by L . V. G i a n n i n i

and f i l e d i m m e d l ' i t e l y p r e c e d i n g t h e copy o f t h e l e t t e r

o f J u l y £8 h e r e i n a f t e r r e f e r r e d t o .

L e t t e r f rom L . M. G i a n n i n i t o P. E o l g e r r e l a t i n g t o

c l a s s i f i c a t i o n o f a s s e t s . T h i 3 l e t t e r i s f i l e d i m -

m e d i a t e l y p r e c e d i n g l e t t e r o f August 7 h e r e i n a f t e r r e -

f e r r e d t o .

L e t t e r f rom P r e s i d e n t o f Bank o f Amer ica t o Delano r e -

l a t i n ^ ; t o c u r r e n t e x a m i n a t i o n p r o c e d u r e .

L e t t e r f rom Delano t o Board o f D i r e c t o r s w i t h r e s p e c t

to r e p o r t o f e x a m i n a t i o n comple ted J u l y £1 , 1939. Cony

Of t h i s l e t t e r f u r n i s h e d t o McKee w i t h a l e t t e r f rom

Delano under da te o f K o v . 15, 1939, and f i l e d w i t h

l e t t e r t o McKee.

J u l y 31 — L e t t e r f rom * . P . i o l g e r t o L . fc. G i a n n i n i r e l a t i n g t o

c l a s s i f i c a t i o n o f a s s e t s . T h i s l e t t e r i s ment ioned i n

t h e l e t t e r o f ^oigust 7 h e r e i n a f t e r r e f e r r e d t o , bu t avs

no t y e t been l o c a t e d i n ou r f i l e s .

J u l y 21 —

J u l y 22 —

J u l y 28 —

J u l y 31 —

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 8: Correspondence Between Comptroller's Office and Bank of

-20-

19?9 (cont inued)

Aug. 5 — Cony o f l e t t e r f rom P r e s i d e n t o f Bank o f Amer ica t o

Delano acknowledg ing r e c e i p t o f De lano 1 3 l e t t e r o f

J u l y 31, 1*939, r e l a t i v e t o c u r r e n t r e p o r t o f examina-

t i o n o f t h e bank completed J u l y 21 , 1939.

Aug. 7 — L e t t e r L< is. G i a n n i n i t o W. P. i o l g e r r e l a t i n g t o

c l a s s i f i c a t i o n s o f a s s e t s . T h i s l e t t e r a l s o r e f e r s t o

l e t t e r s o f J u l y 31 and J u l y 22 between G i a n n i n i and

F o l g e r . ( - t i l e #12, T ransamer i ca C o r p . , V o t i n g P e r m i t ,

Correspondence f rom C h a i r m a n ' s O f f i c e )

Aug. 8 — L e t t e r , w i t h e n c l o s u r e s , f rom Board o f D i r e c t o r s o f

Bank o f Amer ica t o C o i r p t r o l l e r o f Cur rency w i t h r e s p e c t

t o C o m p t r o l l e r ' s l e t t e r o f J u l y 31, 1939. U i l e #12,

T ransamer i ca C o r p . , V o t i n g P e r m i t , Correspondence f rom

C h a i r m a n ' s O f f i c e )

Aug. 17 — L e t t e r f rom John i ' . G r a n t t o Hansom e n c l o s i n g a l e t t e r

o f Aug. 17 , 1939, wh ich he w r o t e t o Delano w i t h r e s p e c t

t o an a p p l i c a t i o n o f t h e F i r s t N a t i o n a l Bank o f P o r t -

l a n d to e s t a b l i s h a branch and e n c l o s i n g c e r t a i n c o r -

respondence r e l a t i n g t h e r e t o . I t i s apparen t t h a t a l l

o f t h e cor respondence r e l a t i n g t o t h e proposed branches

I n v o l v e d i s not c o n t a i n e d i n t h e Board*s f i l e s .

Aug. 29 — L e t t e r f rom Delano t o Board o f D i r e c t o r s o f Bank o f

Amer ica acknow ledg ing r e c e i p t o f t h e l e t t e r o f t h e

b a n k ' s P r e s i d e n t o f Augus t 5 .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 9: Correspondence Between Comptroller's Office and Bank of

- 9 -

19?9 (cont inued)

S e p t . 12 — L e t t e r froir. S e c r e t a r y o f Bank o f Amer ica t o C o m p t r o l l e r

o f Cur rency acknowledg ing h i s l e t t e r o f Aug . £9 and

d i s c u s s i n g i n some d e t a i l some o f t h e c r i t i c i s m s o f

t h e bank .

O c t . £ — L e t t e r f rom D e l s n o t o Board o f D i r e c t o r s o f Bank o f

Amer ica w i t h f u r t h e r r e f e r e n c e t o r e p o r t o f e x a m i n a t i o n

comple ted J u l y £1, 1939.

O c t . 10 — L e t t e r f rom L . M. G i a n n i n i t o Delano w i t h r e 3 p e c t t o

a l e t t e r o f O c t . 2 , 1979, addressed t o G i a n n i n i as a

d i r e c t o r o f t he Bank o f Amer ica by t h e C o m p t r o l l e r .

O c t . 11 — L e t t e r f ro i r Board o f D i r e c t o r s o f Bank o f Amer ica t o

t h e C o m p t r o l l e r c a l l i n g h i s a t t e n t i o n t o t h e f a c t t h a t

t h e y were s t i l l a w a i t i n g h i s response t o s e v e r a l p r e v i o u s

commun ica t ions . T h i s l e t t e r i s ment ioned i n t he l e t t e r o f

Dec . 12 , 19?9, f rom t h e Board o f D i r e c t o r s t o t h e Comp-

t r o l l e r bu t has no t y e t been l o c a t e d i n o u r f i l e s . Men-

t i o n e d on page 1 . I h i s may be an e r roneous r e f e r e n c e t o

l e t t e r o f O c t . 11, 19ZS.

O c t . £7 — L e t t e r addressed t o Board o f D i r e c t o r s o f Bank o f

Amer ica by De lano . Re fe rence i s made t o t h i s l e t t e r i n

t h e l e t t e r o f Nov. 2 , 1979, h e r e i n a f t e r r e f e r r e d t o ,

b u t a copy t h e r e o f has no t y e t been l o c a t e d i n o u r f i l e s .

&ov . 2 — L e t t e r f rom A . ? . G i a n n i n i t o De lano w i t h r e s p e c t t o

G i a n n i n i ' s expec ted v i s i t t o Wash ing ton .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 10: Correspondence Between Comptroller's Office and Bank of

- 10 -

1339 (continued)

L e t t e r frors A , P. G i a n n i n i t o Delano r e l a t i n g t o ap-

p r a i s a l s o f bank ing p r o p e r t i e s .

L e t t e r ft. G. Smi th , o f Dank o f Amer ica , t o Delano w i t h

r e f e r e n c e t o p rog ress made i n connec t ion w i t h c r i t i c i z e d

i t ems i n agreement o f Dec. 15 . ( F i l e #12, Transamer ica

C o r p . , V o t i n g P e r m i t , Correspondence from Cha i rman 's

O f f i c e )

Men t ion i s made i n a l e t t e r o f Nov. 30, 1939, f rom

L . K. G i a n n i n i t o McKee o f t h e memo prepared i n t he

T reasu ry Department wh ich formed t h e bas is o f t he con-

f e r e n c e between t h e G i a n n i n i s and the o f f i c e o f t h e

C o m p t r o l l e r o f t he Currency about Nov. 15, 1939. T h i s

memo has n o t y e t been l o c a t e d i n ou r f i l e s .

A v a i l a b l e cop ies o f t he f o l l o w i n g cor respondence, un less

o t h e r w i s e i n d i c a t e d , a re t o be found i n F i l e f l f , T ransamer ica C o r p . ,

San F r a n c i s c o , C a l i f . , V o t i n g Pe rm i t - Correspondence, E t c . , P a r t 9

(12 /39 ) .

1939 ( c o n t i n u e d )

Nov. 15 — L e t t e r f rom Delano to Board o f D i r e c t o r s o f Bank o f

Amer ica w i t h respec t t o p u b l i c a t i o n o f a c o r r e c t e d r e p o r t

o f c o n d i t i o n .

Dec. 12 — L e t t e r f rom Board o f D i r e c t o r s o f Bank o f Amer ica t o

C o m p t r o l l e r o f Cu r rency . Copy forwarded t o Xcc les as

e n c l o s u r e t o l e t t e r o f Dec. 22, 1939, f rom t h e S e c r e t a r y

o f Bank o f America.

Nov. 6 —

Nov. 6 —

Nov. 15 • (app rox i -ma te l y )

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 11: Correspondence Between Comptroller's Office and Bank of

- 11 -

1939 (cont inued)

Dec, 12 — L e t t e r f rom Delano t o A . P . G i a n n i n i w i t h r e f e r e n c e t o

con fe rences j u s t p r e v i o u s l y h e l d i n Wash ing ton . Copy

f u r n i s h e d by Delano t o E c c l e s w i t h l e t t e r o f Dec. 28

and f i l e d w i t h t h a t l e t t e r i n F i l e #1>-, T ransamer i ca

C o r p . , V o t i n g P e r m i t , P a r t 9 .

Dec. 14 — L e t t e r f r om k** G i a n n i n i , P r e s i d e n t o f Bank o f Amer i ca ,

t o Delano i n r e p l y t o h i s l e t t e r o f Nov. 15 .

Dec. 22 — L e t t e r f r o m A . p . G i a n n i n i t o Delano w i t h r e s p e c t t o a

l e t t e r o f Dec. 12, 1939, addressed t o A . P . G i a n n i n i ,

as C h i i r r a n o f t h e Board o f D i r e c t o r s o f Bank o f Amer i ca ,

by De lano .

Dec. 23 — L e t t e r f rom R. G. S m i t h t o Delano w i t h r e s p e c t t o

c r i t i c i s e d i t ems i n agreement o f Dec. 15 , 1938. ( F i l e

#12 , T ransamer i ca C o r p . , V o t i n g P e r m i t , Cor respondence

f r om C h a i r m a n ' s O f f i c e )

Dec. 23 — L e t t e r f rom R. G. S m i t h , o f Bank o f Amer i ca , t o Delano

w i t h r e f e r e n c e t o agreement between bank and c e r t a i n

s u p e r v i s o r y o f f i c e r s o f December 15 , 1938. T h i s was

f u r n i s h e d t o Ecc le3 by Delano w i t h h i s l e t t e r o f J a n . 9 ,

1940, and i s f i l e d w i t h t h a t l e t t e r .

Dec. 28 — L e t t e r f r o m Delano t o F v e r a r d , o f Bank o f A m e r i c a ,

w i t h r e f e r e n c e t o D e l a n o ' s l e t t e r o f Dec. 12 , 1939,

t o A . P . G i a n n i n i . T h i s was f u r n i s h e d I c c l e s by

Delano w i t h h i s l e t t e r o f J a n . 9 , 1940, and i s f i l e d

w i t h t h a t l e t t e r .

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 12: Correspondence Between Comptroller's Office and Bank of

- 1 £ -

1939 (cont inued)

Dec. 28 — Copy o f l e t t e r f rom Delano t o each member o f Board o f

D i r e c t o r s o f Bank o f Amer ica f u r n i s h e d t o F c c l e s by

Delano w i t h h i s l e t t ' e r o f J a n . 9 , 1940, and i s f i l e d

w i t h t h a t l e t t e r .

1940

J a n . £ — Te legram Delano t o E r e r a r d . Copy f u r n i s h e d t o Ecc l es

by Delano w i t h h i s l e t t e r o f J a n . 9 , 1940, and i s

f i l e d w i t h t h a t l e t t e r .

J a n . 3 — Te legram I v e r a r d t o De lano . Copy f u r n i s h e d Ecc l es by

Delano w i t h h i s l e t t e r o f J a n . 9 , 1940, and i s f i l e d

w i t h t h a t l e t t e r .

J a n . 8 — Telegram. K e i n , D i r e c t a r o f Bank o f Amer i ca , t o De lano .

Copy f u r n i s h e d t o E c c l e s by Delano w i t h h i s l e t t e r o f

J a n . 9 , 1940, and i s f i l e d w i t h t h a t l e t t e r .

J a n . 8 — Te legram Delano t o Saein. Copy f u r n i s h e d t o E c c l e s by

Delano w i t h h i s l e t t e r o f J a n . 9 , 1940, and i s f i l e d

w i t h t h a t l e t t e r .

1/10/40

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis