The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1918-12-27
Circular Relating To Trans
ference of WIS. 5.


No. 126 OF the Division of Loans and
Currency. relating to the transfer
ence OF War Savings Stamps Of the
Series of 1918 into the Series Of 1919:
TREASURY DEPARTMENT
Office OF the Secretary
Washington, Dec. 10, 1918.
from January to 10. 1918, inclu-
sive, each Federal Reserve Bank an.
branch thereof, and any incorporated
bank or trust company Is authorized
to receive from any authorized agent
OF the first class, War Savings Certif-
icate Stamps, Series Of 1918, for col.
lection, or for exchange for War Saw.
ing Stamps, Series of 1919, and Uni
ted States Thrift Stamps, with cash
adjustment, in the following manner:
The aggregate value Of War Say
ings Certificate Stamps, Series Of
1918, received from such authorized
agent of the first class for exchange
shall be computed at the price of
s4.24 for each such War Savings Ger.
tificate Stamp. The bank or trus:
company making the exchange snail
then deliver, in exchange thereof, to
such, authorized agent of the nrs;
class. War Savings Certificate
Stamps. Series OF 1919, computed al
the price of $412 each, to the extent
that the same may be delivered with
out exceo ling the aggregate value o.
the War Savings Certificate Stamps
Series OF 1918, received for exchange
and computed as above required
ANY balance remaining of such aggra
gate value shall be paid by deliver!
LOT United States Thrift Stamps, at Z!
cents each, to the extent that may b.
Idone without exceeding such bal
lance, and any balance remaining
shall be paid in cash. Such OF
change may be made only on preser
Itation by the authorized agent of tn
first class of his certificate of az
lpointment for sale Of War Saving
Certificate Stamps, Series Of 1915
bearing the facsimile signature Q
the Secretary Of the Treasury.
An incorporated bank or trust con
!, pany receiving War Savings Certif
cate Stamps, Series of 1918, for co
, lection or exchange. is authorized
, deliver on or before January 20, 1911
such War Savings Certificat
. Stamps, S.rics of 1918, so receives
to the Federal Reserve Bank OF Il
direct, together with a statement Sc
> ting forth the name of the authorize
7 agent Of the first class from who
the Same have been received and Ii
number Of stamps received from sue
agent.
II On receipt thereof, the Federal R
serve Bank, as fiscal agent OF tt
United States, will pay such bank
trust company s4.24 in respect
each Wa rSavings Certificate STAN
Series Of 1918, so delivered; or, |
the option of such bank or trust cor
pany will, in lieu OF paying cash, d
liver War Savings Certificate Stamp
n Series of 1919, computed at a..
each, and United States Thri
| Stamps, computed at rs. cents eac
and cash, to an aggregate not excee
ing the aggregate value OF the WI
| Saving Certificate Stamps, Series
1918, computed at $4.24 SO received.
II The foregoing provisions apply
lily to War Savings Certificate STAMP
II Series OF 1918, not affixed to w
Savings Certificates, and apply on
to collection or exchange Of STAN
held by authorized agents of the fiji
class. Banks and trust compani
FOR SALE-Modern bungaetaoint
shall make such collection or
change except for persons who
duly authorized agents of the fl
class, and in the manner above
forth"
Signed w. G. McADOO. Sec
- The tate Directors inference
- t;,is circular is that 1t does not ma
n 1t mandatory to transfer stamps
4 the Series of 1918 into Samps of
| cries of 1919, computing the diff
II ence in the cost price Of each,
II that stamps of the 1918 Series
| be continued on sale until the sup
ii of agency Is exhausted.
II FLORIDA WAR SAVINGS COMM
II TEE.
iii - rxrxx rTxN xxs ANN mn