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FR-1941-04-30

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. \ O N A L / ^
FEDERAL* REGISTER
VOLUME 6 1934'^ A / IT E O ^
NUMBER 84
Washington, Wednesday, April 30, 1941
The President
executive order
Amendment of Executive Order No. 8389 
of April 10, 1940, as Amended
By virtue of the authority vested in me 
by section 5 (b) of the Act of October 6, 
1917 (40 Stat. 411), as amended, and by  
virtue of all other authority vested in me, 
I, FRANKLIN D. ROOSEVELT, PRESI­
DENT of the UNITED STATES OP  
AMERICA, do hereby amend Executive  
Order No. 83891  of April 10, 1940, as  
amended, so as to extend all the pro­
visions thereof to, and with respect to, 
property in which Greece or any national 
thereof has at any time on or since April 
28, 1941, had any interest of any nature 
whatsoever, direct or indirect; except  
that, in defining “Greece” and “national” 
of Greece, the date “April 28, 1941” shall 
be substituted for the dates appearing in 
the definitions of countries and nationals 
thereof.
Franklin D Roosevelt 
The White House,
April 28, 1941.
[No. 87461
[F. R. Doc. 41-3119; Filed, April 28, 1941;
3:39 p. m.]
Rules, Regulations, Orders
TITLE 9— ANIMALS AND ANIMAL  
PRODUCTS
CHAPTER II—AGRICULTURAL  
MARKETING SERVICE
Part 204—Posted Stockyards and Live 
Poultry Markets
NOTICE RELATIVE TO ENID UNION STOCK-  
YARDS, ENID, OKLAHOMA2
A pril 28,1941.
Whereas, in accordance with the provi­
sions of section 301 of Title III and sec-
15 F.R. 1400, 2667.
8  Modifies list posted stockyards, 9 CFR  
204.1.
tion 302 (b) of the Packers and Stock-  
yards Act, 1921 (7 U.S.C. sec. 202 (b) ), 
the Secretary of Agriculture posted the  
stockyard known as the Enid Stockyards,  
Enid, Oklahoma, as being subject to the  
provisions of said act; and 
Whereas it appears that said stockyard 
is now known as Enid Union Stockyards,  
and is being operated by J. C. Renner and 
J. E. Renner, partners, d/b/a the Enid  
Union Stockyards Company:
Therefore, it is ordered, That the no­
tice of the posting of said stockyard be, 
and it hereby is, amended to show that  
the correct name of the stockyard is Enid 
Union Stockyards, Enid, Oklahoma.
[seal] G rover B. Hill,
Assistant Secretary of Agriculture.
[F. R. Doc. 41-3149; Filed, April 29, 1941;
11:52 a. m.]
TITLE 17—COMMODITY AND SECURI­
TIES EXCHANGES
CHAPTER H—SECURITIES AND EX­
CHANGE COMMISSION
Part 230— General Rules and Regula­
tions, Securities Act of 1933
AMENDMENT TO REGULATION A — GENERAL  
EXEMPTION
The Securities and Exchange Commis­
sion, acting pursuant to authority con­
ferred upon it by the Securities Act of 
1933, particularly sections 3 (b) and 19
(a) thereof (Sec. 3, 48 Stat. 75; 15 U.S.C. 
77c; sec. 19, 48 Stat. 85; sec. 209, 48 Stat. 
908; 15 U.S.C. 77s), and finding such  
action necessary and appropriate in the  
public interest and for the protection of 
investors, and necessary for the execu­
tion of the functions vested in it by the 
said Act, hereby takes the following  
action:
I. Section 230.222 [Rule 222 of Regula­
tion A] is amended to read as follows:
§  230.222 Letter of notification, (a)  
No securities shall be offered under this 
regulation until 24 hours after a letter 
of notification with respect thereto has 
been filed, as provided in paragraphs
(b) and (c), by the issuer or by the per-
CONTENTS  
THE PRESIDENT
Executive Order: PaS e
Foreign exchange transactions,  
regulatory order amended
(Greece) ------------------------ 2187
RULES, REGULATIONS,  
ORDERS
Title 9— Animals and A nimal 
Products:
Agricultural Marketing Service:
Enid Union Stockyards, notice 
under Packers and Stock-
yards Act______________ 2187
Title 17—Commodity and Securi­
ties Exchanges:
Securities and Exchange Com­
mission:
Securities Act of 1933, offering 
of securities, a m e n d ­
ments ________________  2187
Title 24—Housing Credit:
Home Owners’  Loan Corpora­
tion:
Loan service, partial release,
etc___________________  2189
Title 30— Mineral Resources: 
Bituminous Coal Division:
Minimum price schedules, re­
lief granted, petitions of:
District Board No. 14-------- 2189
District Board No. 16-------- 2190
Title 31— Money and Finance: 
Treasury:
Bureau of the Public Debt:
Regulations governing U. S.
- Savings Bonds -------------- 2191
United States currency, etc.,
distinctive paper----------- 2191
Monetary Offices:
Bank of Athens Trust Co., et  
al., licensed as generally
licensed nationals--------- 2191
Greece, property and foreign 
exchange transactions (2
documents) -------------2190,2191
Title 33— Navigation and Naviga­
ble Waters:
Coast Guard, Department of the 
Treasury:
Los Angeles and Long Beach  
Harbor, Calif., temporary 
r e s t r i c t e d  navigation
area______________' ------ 2200
(C ontinued on n ext page)
2187

2188 FEDERAL REGISTER, Wednesday, April 30, 1941
FED ER A L^R EG IST ER
‘»34 - 0? 
* United %
Published daily, except Sundays, Mondays,  
and days follow ing legal holidays by th e  
D ivision of th e Federal Register, The N ational  
Archives, pursuant to th e authority con­
tained in  th e Federal Register Act, approved  
July 26, 1935 (49 Stat. 500), under regula­
tio n s prescribed by the Adm inistrative Com­
m ittee, approved by th e President,
The Adm inistrative C om m ittee consists of  
th e  Archivist or A cting Archivist, an officer  
of th e D epartm ent of Justice designated by  
th e Attorney General, and the Public Printer  
Or A cting Public Printer.
T he daily issue of th e Federal Register 
w ill be furnished by m ail to  subscribers, free  
o f postage, for $1.25 per m onth or $12.50 per  
year; single copies 10 cen ts each; payable in  
advance. R em it m oney order payable to the  
Superintendent of D ocum ents directly to  th e  
G overnm ent P rinting Office, W ashington, D. C.
CONTENTS—Continued
Title 33— Navigation and Naviga­
ble Waters—Continued. PaS e
Corps of Engineers, War Depart­
ment:
Aquia Creek, Virginia, bridge
regulations
____________  2201
Gulf of Mexico, etc., danger
zone regulations________  2201
NOTICES
Department of Agriculture:
Office of the Secretary:
Under Secretary and Assist­
ant Secretary of Agricul­
ture, delegation of certain
authority to___________  2204
Rural Electrification Adminis­
tration:
Allocation of funds for loans
(2 documents) ______ 2204,2205
Department of Commerce:
Civil Aeronautics Authority:
Pan American Airways, Inc.,
et al., hearing postponed. 2205 
Department of the Interior:
Bituminous Coal Division:
Algoma Block Coal Co., order
of dismissal____________  2202
Hearings:
Deer Creek Coal Mining Co. 2202
District Board No. 10_____ 2203
District Board No. 15____  2204
District Board No. 18____  2203
Prices for coals sold off docks 
at Great Lakes ports,  
statement of the Direc­
tor _____   2202
Department of Labor:
Division of Public Contracts:
Metal furniture industry, op­
portunity to show cause. 2205  
Wage and Hour Division:
Jewelry manufacturing indus­
try, minimum wage rates,  
appointment of commit­
tee ___________________  2205
CONTENTS—Continued
Department of Labor—Continued.
Wage and Hour Division—Con. PaSe  
Textile industry, hearing on  
minimum wage recom-
, mendation ____ _ _______  2206
Federal Trade Commission:
Orders appointing trial examin­
ers:
Bell Yarn Co., et al...............  2209
Blatter, Titus, &  Co_________  2209
Winarick, Ar., Inc., et al_____  2209
Wire Rope &  Strand Manu­
facturers Assn_________  2209
Wool Trading Co., Inc ______  2209
Navy Department:
Goode Construction Corp., et al.,
contract summary _ _ ____   2201
Securities and Exchange Commis­
sion:
Applications granted, etc.:
Lone Star Gas Corp., et al__ _  2210
Northeastern Water and Elec­
tric Corp______________ 2210
Pennsylvania Gas &  Electric
Corp _________________  2211
Ogden Corp., order consenting  
to withdrawal of declara­
tion
____________________  2210
Southern Natural Gas Co., no­
tice regarding filing______  2211
son or persons by, on behalf of, or for 
the benefit of whom the offering is to be 
made, if other than the issuer. Every  
letter of notification shall contain the 
following information:
(1) The full names and complete mail­
ing addresses of (i) the issuer; (ii) all 
directors and officers of the issuer; (iii) 
the person or persons by, on behalf of, 
or for the benefit of whom the offering is 
to be made; and (iv) each principal  
underwriter.
(2) (i) The title of the securities pro­
posed to be offered; (ii) the principal 
amount of evidence of indebtedness or  
the number of shares or other units pro­
posed to be offered; (iii) the price per 
unit at which they are to be offered to 
the public; (iv) the aggregate amount at 
which they are to be offered to the pub­
lic; and (v) the aggregate amount at  
which all securities of the issuer have  
been offered to the public within one  
year by the person or persons filing the 
letter of notification. Where securities 
are to be offered “at the market” the  
information required by (iii) and (iv) 
shall be given upon the basis of the mar­
ket price as established by bona fide sales 
made within a reasonable time prior to  
the date of filing the letter of notifica­
tion.
(3) The approximate date of the pro­
posed public offering.
(4) A list of the jurisdictions (States, 
Territories, the District of Columbia, or 
foreign countries) in which it is proposed
to sell the securities. No securities shall 
be offered in any jurisdiction not men­
tioned in the original letter of notifica­
tion until a supplementary letter stating 
the name of that jurisdiction has been  
filed. However, a statement that all or 
part of the offering is to be made by use 
of the facilities of a securities exchange 
(naming the exchange) shall suffice as to 
the securities to be so offered.
(5) If the securities are to be offered 
by, on behalf of, or for the benefit of the 
issuer, the purposes for which the net  
proceeds from the securities are to be  
used.
(b) An original and two copies of each 
letter of notification shall be filed, at 
least 24 hours prior to any public offer­
ing of securities under the regulation, 
with the regional office of the Com­
mission for the region in which the  
issuer’ s principal place of business is 
located or, if the issuer’ s principal place 
of business is located in the State of 
Maryland, Delaware, Virginia or West  
Virginia or in the District of Columbia, 
with the Commission’ s Washington, D. C . 
field office. Form S-3b-l may be used in 
supplying the information required to be 
set forth in the letter of notification.
(c) Any change in the matter stated  
in the letter of notification shall be set 
forth in a supplementary letter of notifi­
cation, except that no supplementary let­
ter of notification need be filed with 
respect to a change in the offering price 
of securities which are being offered at 
the market.
H. Section 230.223 (a)1  [Rule 223 of  
Regulation A] is amended to read as  
follows:
§  230.223 Written communications, 
advertisements, and radio broadcasts.
(a) Three copies of every written com­
munication, advertisement or radio  
broadcast prepared or authorized by the 
issuer, any person controlling, controlled 
by, or under common control with, the  
issuer, or any principal underwriter of 
the securities to be offered, which is pro­
posed to be used at the commencement  
of the public offering under this regula­
tion or intended to be sent or delivered  
thereafter to more than ten persons shall 
be filed, at least 24 hours prior to any use 
thereof, with the office of the Commis­
sion with which the letter of notification 
is filed: Provided, That there need not  
be filed copies of any communication  
which does no more than identify the  
securities, state the price thereof, and 
state by whom orders will be executed.
•  *  *  *  *
Note: The m aterial filed pursuant to this  
rule is required to be filed solely for the in­
form ation of the Com mission to aid it in the  
enforcem ent of section 17 of th e Act (Sec.  
17, 48 Stat. 84; 15 U.S.C. 77q), and not for  
th e purpose of enabling the Commission to  
cite any deficiency in  the Inform ation con-
1 5 F.R. 4751.

FEDERAL REGISTER, Wednesday, April 30, 1941 2189
tained therein. The failure of the Commis­
sion at any tim e to  take action upon any  
inform ation filed pursuant to th is rule does  
not indicate th a t th e Com mission considers  
the inform ation accurate, com plete or n o t  
misleading.
Effective May 5, 1941.
By the Commission.
[seal] F rancis P. Brassor,
Secretary.
[P. R. DOC. 41-3142; Piled, April 29, 1941;  
11:34 a. m.]
TITLE 24— HOUSING CREDIT
CHAPTER IV—HOME OWNERS’  LOAN  
CORPORATION
[Administrative Order No. 3-200]
Part 402— Loan Service Division '
PARTIAL RELEASE, ETC.— ALLOWANCE TO  
HOME OWNER
Amending Part 402 of Chapter IV,  
Title 24 of the Code of Federal Regula­
tions.
The second paragraph of §  402.15-11  
is amended to read as follows:
§  402.15-1 Application of miscellane­
ous credits.
* * * * *
In cases where the consideration  
(whether land, interest therein, enhance­
ment in value thereof, or funds) exceeds 
the amount by which the value of the  
Corporation’ s security is reduced or di­
minished and the home owner has re­
quested that any such excess considera­
tion which is represented by cash or part 
thereof be retained by him or turned over 
to him for his own use, the Regional  
Manager may grant the request. In  
cases where such excess does not exist,  
and the amount requested does not ex­
ceed $100.00, or where there is an excess  
and the amount requested does not ex­
ceed the excess by more than $100.00, the 
Regional Manager may grant the home  
owner’ s request that such portion of the 
cash proceeds be retained by or turned  
over to him, provided the Regional Man­
ager determines that such allowance is  
necessary for the completion of the
x4 F R . 3989.
transaction, and that the Corporation’ s 
interest would not be adversely affected. 
Where the circumstances are exceptional  
and the amount requested by the home  
owner is in excess of that which the Re­
gional Manager is authorized to grant,  
and the Regional Manager recommends  
that the request of the home owner be  
allowed, he shall forward the file, to­
gether with a summary of the case and  
his recommendation, to the General  
Manager for direction. (Effective date 
May 10,1941.)
(Above procedure promulgated by Gen­
eral Manager and General Counsel pur­
suant to authority vested in them by the 
Federal Home Loan Bank Board acting  
pursuant to sections 4 (a), 4 (k) of Home 
Owners’  Loan Act of 1933, 48 Stat. 129,  
132, as amended by section 13 of the Act  
of April 27, 1934, 48 Stat. 647: 12 U.S.C. 
1463 (a), (k).)
[seal] J. F rancis Moore,
Secretary.
[P. R. Doc. 41-3114; Piled, April 28, 1941;
1:58 p. m.]
TITLE 30— MINERAL RESOURCES
CHAPTER n i—BITUMINOUS COAL  
DIVISION
[Docket No. A-759]
Part 334— Minimum Price Schedule, 
D istrict No. 14
order granting temporary relief and 
conditionally providing for final re­
lief IN THE MATTER OF THE PETITION OF 
DISTRICT BOARD NO. 14 FOR THE ESTAB­
LISHMENT OF PRICE CLASSIFICATIONS AND 
MINIMUM PRICES FOR THE COALS FOR 
SHIPMENT BY RAIL PRODUCED AT THE 
MINES OF CERTAIN CODE MEMBERS IN DIS­
TRICT NO. 14
An original petition, pursuant to sec­
tion 4 E C  (d) of the Bituminous Coal Act 
of 1937, having been duly filed with this 
Division by the above-named party,  
requesting the establishment, both tem­
porary and permanent, of price classifi­
cations and minimum prices for the coals 
for shipment by rail of certain mines in 
District No. 14, for which coals minimum
prices for shipment by truck only have  
been heretofore established; and 
No petitions of intervention having 
been filed with the Division in the above- 
entitled matter; and 
It appearing that, contrary to the  
allegations contained in the petition,  
price classifications and minimum prices 
for rail shipment of the coals of Mine 
Index No. 138 operated by code member  
Northern Coal Company have been here­
tofore established and are set forth in the 
Schedule of Effective Minimum Prices  
for District No. 14 For All Shipments  
Except Truck, no relief is extended here­
in to that code member; and  
It appearing that, contrary to the  
allegations contained in the petition,  
Sharp Coal Company of Production  
Group No. 5 is not a code member under  
the Act, no relief is extended herein to  
that company; and in all other respects  
The Director finding that a reasonable 
showing of necessity has been made for 
the granting of temporary relief in the 
manner hereinafter set forth; and 
The Director deeming this action  
necessary in order to effectuate the pur­
poses of the Act;
Now, therefore, it is ordered, That,  
pending final disposition of the above- 
entitled matter, temporary relief is  
granted as follows: Commencing forth­
with, §  334.5 (Alphabetical list of code 
members) is amended by adding thereto  
the supplement dated April 7, 1941,  
which is hereinafter set forth.
It is further ordered, That pleadings in 
opposition to the original petition in the 
above-entitled matter, and applications 
to stay, terminate or modify the tem­
porary relief herein granted may be filed 
with the Division within forty-five (45) 
days from the date of this Order, pur­
suant to Rules and Regulations Govern­
ing Practice and Procedure before the  
Bituminous Coal Division in Proceedings 
Instituted Pursuant to section 4 II (d) 
of the Bituminous Coal Act of 1937.
It is further ordered, That the relief 
herein granted shall become final sixty 
(60) days from the date of this Order,  
unless the Director shall otherwise  
order.
Dated: April 7, 1941.
[seal] H. A. Gray,
Director.

Temporary and Conditionally Final Effective Minimum Prices for District No. 14 
Note: The m aterial contained in  th is "Supplem ent R ” is to be read in  th e ligh t of th e classifications, prices, instructions, exceptions and other provisions contained in  Part 334, M inim um  
Price Schedule for D istrict No. 14 and Supplem ents thereto.
FOR ALL SHIPMENTS EXCEPT TRUCK
§ 334.5 Alphabetical list of code members—Supplement R
[Alphabetical list of code members showing price classification by size group for all uses except railroad locomotive fuel]
Mine
index
No. Code member Mine name
Prod.
group
No.
Freightorigin
group
No.
1 2 3 4 6 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
436 7 12
12
D B Q
209 7 J K M M L L I L > B B B A O
437 J &  S 2 33 D D C C E B B B B A A A A
430 7 12 D
E
Dc
B Q .
205 5 11 B «
203 6 18 B Q488 2 14 B N
[P. R. Doc. 41-3069; Piled, April 25, 1941; 11:39 a. m .]
[Docket No. A-35]
Part 336— Minimum Price Schedule, 
District No. 16
ORDER OF THE DIRECTOR GRANTING PERMA­
NENT RELIEF IN THE MATTER OF THE PETI­
TION OF DISTRICT BO ARD 16 FOR THE ES­
TABLISHMENT OF PRICE CLASSIFICATIONS  
AND MINIMUM PRICES FOR THE COALS OF  
CERTAIN MINES NOT HERETOFORE CLASSI­
FIED AND PRICED
An original petition having been filed 
with the Bituminous Coal Division on  
September 25,1940, by District Board N o > . 
16, pursuant to section 4 II (d) of the  
Bituminous Coal Act of 1937, seeking clas­
sifications and minimum prices for the 
coals produced at certain truck mines in  
District 16;
A hearing having been held in this  
matter, pursuant to an Order of the Di­
rector dated October 17, 1940, before a 
duly designated Examiner of the Divi­
sion, at a hearing room of the Division, 
734 Fifteenth Street NW., Washing­
ton, D. C., on November 27, 1940, at  
which all interested parties were afforded 
an opportunity to be present, adduce evi­
dence, cross-examine witnesses and oth­
erwise be heard; and
The preparation and filing of a report 
by the Examiner having been waived and  
the matter thereupon having been sub­
mitted to the Director; and
The Director having made Findings of  
Fact and Conclusions of Law, and having  
rendered an Opinion in this matter which  
are filed herewith:
It is ordered, That Part 336, Minimum  
Price Schedule for District No. 16, be,  
and the same hereby is, amended as  
follows:
§  336.2 (Code member price index) 
Insert the following in proper alpha­
betical order:
Clayton Coal Company, The, Wash­
ington Mine, Mine Index No. 21, Weld  
County, Subdistrict No. 6.
Jackson, J. C., Sudduth Mine, Mine  
Index No. I ll, Jackson County, Subdis­
trict No. 11.
Model Coal Company, Model Mine,  
Mine Index No. 138, Boulder County,  
Sub-District No. 7.
§  336.21 (.General prices) Insert the  
following in proper alphabetical order:
Under Subdistrict No. 6:
Clayton Coal Company, The, Wash­
ington Mine, Weld County, and apply the  
following prices:
Size groups:
1 2 3 4 5 6 8 9 10 11 12 13
465 415 415 465 415 395 340 265 215 205 185 355
Under Subdistrict No. 7:
Model Coal Company, Model Mine,  
Boulder County, and apply the following 
prices:
Size groups:
1 2 3 4 5 6 8 9 10 11 12 13
455 405 405 455 405 385 340 265 215 205 185 350
Under Subdistrict No. 11:
Jackson, J. C., Sudduth Mine, Jackson 
County, and insert the following prices  
therefor: :
Size groups:
1 2 3 4 5 6 8 9 10 11 12 13
425 375 375 415 365 —  —  —  100 —  —  275
Dated: April 28, 1941.
[seal] H. A. Gray,
Director.
[F .R . Doc. 41-3134; Filed, April 29, 1941;
11:31 a. m.]
TITLE 31—MONEY AND FINANCE:  
TREASURY
CHAPTER I—MONETARY OFFICES
Part 130.—Regulations Relating to 
Transactions in Foreign Exchange, 
Transfers of Credit, Payments, and 
the Export or Withdrawal of Coin, 
B ullion and C urrency; and to Re­
ports of Foreign Property Interests 
in the United States
AMENDMENT TO REGULATIONS*
April 28, 1941.
The Regulations of April 10, 1940, as  
amended (§§ 130.1 to 130.6), are further  
amended so as to extend all the provi­
sions thereof to, and with respect to,  
property in which Greece or any na­
tional thereof has at any time on or since
iS e c . 5 (b ), 40 Stat. 415 and 966; sec. 2,  
48 Stat. 1; P ublic R esolution No. 69, 76tb  
Congress; 12 U.S.C. 95a; E.O. 6560, Jan. 15,  
1934; E.O. 8389, April 10, 1940; E.O. 8405,  
May 10, 1940; E.O. 8446, June 17, 1940; E.O.  
8484, July 15, 1940; E.O. 8493, July 25, 1940;  
E.O. 8565, October 10, 1940; E.O. 8701, March  
4, 1941; E.O. 8711, March 13, 1941; E.O.  
8721, March 24, 1941; E. O. 8746, April 28,  
1941.
2190 FEDERAL REGISTER, Wednesday, April 30, 1941

FEDERAL REGISTER, Wednesday, April SO, 1941 2191
April 28, 1941, had any interest of any  
nature whatsoever, direct or indirect; ex­
cept that reports on TFR-100 with re­
spect to all property situated in the  
United States on April 28,1941, in which  
Greece or any national thereof has at  
any time on or since April 28, 1941, had  
any interest of any nature whatsoever,  
direct or indirect, shall be filed by May 
28,1941.
[seal] H. Morgenthau, Jr.,
Secretary of the Treasury.
Approved:
F ranklin D Roosevelt
[P. R. Doc. 41-3122; Filed, April 28, 1941;
3:39 p. m.]
Part 170—General License No. 40 Under 
E xecutive Order No. 8389, A pril 10, 
1940, as Amended, and Regulations Is­
sued Pursuant Thereto, Relating to 
Transactions in F oreign E xchange, 
E tc.1
( 1 )  A general license is hereby granted  
licensing the Bank of Athens Trust Com­
pany and the Hellenic Bank Trust Com­
pany as generally licensed nationals.
(2) As used in this general license:
Any person licensed as a “generally  
licensed national” shall, while so licensed, 
be regarded as a person within the  
United States who is not a national of  
any foreign country designated in the  
Order: Provided, however, That the fore­
going shall not be deemed to suspend in  
any way the requirements of the Order  
and Regulations relating to reports, and 
the production of books, documents, rec­
ords, etc. (see sections 10 and 14 of the 
Order and §  130.4 of the Regulations).
[seal! D. W. Bell,
Acting Secretary of the Treasury. 
A pril 28, 1941.
IF. R. Doc. 41-3120; Filed, April 28, 1941;
3:39 p. m.]
Part 171—General License No 41 Under 
E xecutive Order No. 8389, A pril 10, 
1940, as Amended, and Regulations Is­
sued Pursuant Thereto, Relating to
*Sec. 5 (b ), 40 Stat. 415 and 966; sec. 2, 48  
Stat. 1; Public R esolution No. 69, 76th Con­
gress; 12 U.S.C. 95a; E.O. 6560, Jan. 15, 1934;  
E.O. 8389, April 10, 1940; E.O. 8405, May 10,  
1940; E.O. 8446, June 17, 1940; E.O. 8484, July  
15, 1940; E.O. 8493, July 25, 1940; E.O. 8565,  
October 10, 1940; E.O. 8701, March 4, 1941;  
E.O. 8711, March 13, 1941; E.O. 8721, March  
24, 1941; E.O. 8746, April 28, 1941; R egula­
tions, April 10, 1940, as am ended May 10,  
1940, June 17, 1940, July 15, 1940, October  
10, 1940, March 4, 1941, March 13, 1941,  
March 24, 1941, and April 28, 1941.
Transactions in F oreign E xchange, 
Etc.1
A general license is hereby granted  
authorizing banking institutions within 
the United States to make payments  
from accounts in which Greece or a  
national thereof has a property interest 
within the meaning of the Executive Or­
der of April 10, 1940, as amended, and  
the Regulations issued thereunder of  
checks and drafts drawn or issued prior 
to April 28, 1941, and to accept and pay  
and debit to such accounts drafts drawn 
■prior to April 28, 1941, under letters of 
credit: Provided, That each banking in­
stitution making any payment or debit  
authorized by this general license shall 
file promptly with the appropriate Fed­
eral Reserve Bank weekly reports show­
ing the details of such transactions.  
This license shall expire at the close of 
business on May 28, 1941.
[seal! D. W. Bell,
Acting Secretary of the Treasury.
A pril 28, 1941.
[F. R. Doc. 41-3121; Filed, April 28, 1941;
3:39 p. m .]
CHAPTER IH—BUREAU OF THE  
PUBLIC DEBT
[1941 Departm ent Circular No. 394— First  
A m endm ent]
Part 300— D istinctive Paper for United 
States Currency and Other Securi­
ties
A pril 22, 1941.
The second sentence of paragraph 2 of 
Department Circular No. 394, dated Feb­
ruary 1, 1928 (31 CFR 300.2), is hereby  
amended to read as follows:
§  300.2 Description of paper.
* * * * *
The distinctive feature of the new  
paper consists of small segments of silk 
or synthetic fiber, colored red and blue, 
incorporated in the body of the paper  
while in process of manufacture and  
evenly distributed throughout.
[SEAL] D. W. Bell,
Acting Secretary of the Treasury.
[F. R. Doc. 41-3123; Filed, April 28, 1941;  
3:40 p. m.j
1  Sec. 5 ( b ) , 40 Stat. 415 and 966; sec. 2, 48  
Stat. 1; Public R esolution No. 69, 76th Con­
gress; 12 U.S.C., 95a; E.O. 6560, Jan. 15, 1934;  
E.O. 8389, April 10, 1940; E.O. 8405, May 10, 
1940; E.O. 8446, June 17, 1940; E.O. 8484,  
July 15, 1940; E.O. 8493, July 25, 1940; E.O.  
8565, October 10, 1940; E.O. 8701, March 4,  
1941; E.O. 8711, March 13, 1941; E.O. 8721,  
March 24, 1941; E.O. 8746 April 28, 1941; Reg­
ulations, April 10, 1940, as am ended May 10,  
1940, June 17, 1940, July 15, 1940, October 10,  
1940, March 4, 1941, March 13, 1941, March  
24, 1941, and April 28, 1941.
[Dept. Cire. 530, 4th  Rev.]
Part 315— United States Savings Bonds 
Sec.
315.1 A pplicability.
315.2 R egistration.
315.3 L im itation on transfer.
315.4 L im itation  on holdings.
315.5 Lost, stolen, m utilated, etc.
315.6 Safekeeping facilities.
315.7 Interest.
315.8 G eneral paym ent provisions.
315.9 Minors.
315.10 D isability other th an  m inority.
315.11 Coowners.
315.12 Beneficiaries.
315.13 Fiduciaries.
315.14 Private corporations, etc.
315.15 States, public corporations, etc.
315.16 Deceased owners.
315.17 Creditors’ rights, etc.
315.18 Pledge w ith Secretary of Treasury or
Federal Reserve Banks.
315.19 Reissue.
315.20 Further provisions.
April 15, 1941.
Department Circular No. 530, Third  
Revision, dated March 27, 1940 (Part 
315 of Sub-title B of Title 31, Code of 
Federal Regulations, Supp. IH ), as  
amended, is hereby further amended and  
issued as a Fourth Revision, effective  
May 1,1941, to read as follows:
The following regulations governing 
United States Savings Bonds are pub­
lished for the information and guidance 
of all concerned:
§  315.1 Applicability of these regula­
tions. The regulations in this part apply 
generally to all United States Savings  
Bonds of all series whatever and bearing 
any issue dates whatever except as other­
wise specifically provided herein. De­
fense Savings Bonds of Series E, Savings 
Bonds of Defense Series F and Savings  
Bonds of Defense Series G may herein­
after be referred to as savings bonds, or 
bonds of Series E, F, and G respectively.*
*§§315.1 to 315.20, inclusive, issued under  
th e authority of R.S. 161 (5 U.S.C. 22), the  
Second Liberty Bond Act, as amended; sec. 3,  
Public Debt Act of 1941.
§  315.2 Registration — (a) General. 
United States Savings Bonds will be is­
sued only in registered form. The name  
and complete post office address of the 
owner and that of the coowner or desig­
nated beneficiary, if any, and the date 
as of which the bond is issued will be  
inscribed thereon at the time of issue  
by an authorized issuing agent.1  The  
form of registration used must express 
the actual ownership of and interest in  
the bond and, except as otherwise spe­
cifically provided in the regulations in 
this part, the Treasury Department will  
treat as conclusive the ownership of and 
interest in the bond so expressed. No
iT h e  date of m aturity is also inscribed on  
Savings Bonds of Series A, Series B and  
Series D.

2192 FEDERAL REGISTER, Wednesday, April 30, 1941
designation of an attorney, agent or  
other representative to request or receive 
payment on behalf of the owner, nor any 
restriction on the right of such owner to 
receive payment of the bond, other than  
as provided in the regulations in this part, 
may be made in the registration or other­
wise.
(b) Restrictions on registration. The  
following restrictions on the registration 
of savings bonds shall apply whether on 
original issue or on authorized reissue:
(1) registration of savings bonds sold 
on and after April 1, 1940, shall be re­
stricted to residents (whether individuals 
or others) of the Continental United  
States, the Territories and Insular Pos­
sessions of the United States, the Canal 
Zone and the Philippine Islands, or to  
American citizens temporarily residing  
abroad, and this restriction applies to 
owners, coowners and designated bene­
ficiaries; (2) registration of Savings 
Bonds of Series D sold on and after April 
1, 1940, and of Savings Bonds of Series E 
sold on and after May 1, 1941, shall be  
restricted to natural persons (that is,  
individuals), whether adults or minors, 
in their own right; and (3) savings bonds 
sold on and after May 1,1941, may not be  
registered in the names of commercial  
banks which, for this purpose, are de­
fined as banks that accept demand  
deposits.
(c) Forms of registration. Subject to  
the restrictions and exceptions set forth 
in the next preceding paragraph the fol­
lowing forms of registration are author­
ized:
(1) In the names of natural persons  
(that is, individuals), whether adults or 
minors, in their own right as follows:
(i) In the name of one person, for ex­
ample, “John A. Jones”.
(ii) In the names of two (but not more 
than two) persons in the alternative as  
coowners, for example, “John A. Jones 
OR Mrs. Ella S. Jones”. No other form  
of registration establishing coownership 
is authorized.
(iii) In the name of one (but not more 
than one) person, payable on death to  
one (but not more than one) other per­
son, for example, “John A. Jones, payable 
on death to Miss Mary E. Jones”;  the  
first person named is hereinafter referred 
to as the owner or registered owner and  
the second named as the beneficiary or  
designated beneficiary.
The full name of the owner and that  
of the coowner or beneficiary, if any, 
should be used, except that if there are  
two given names, the initial of one may  
be used. The name may be preceded by  
any applicable title such as “Dr.”, “Rev.”, 
etc., and in the case of women must be  
preceded by “Mrs.”, “Miss”, or other ap­
propriate title. A married woman’ s own  
given name should be used, not that of  
her husband, for example, “Mrs. Mary A. 
Jones”, not “Mrs. Prank B. Jones”. A  
minor, whether or not under legal guard­
ianship, may be named as sole owner,  
coowner, or beneficiary, except that if 
the funds used for the purchase of the 
bonds already belong to the minor he  
may be named only as owner, without  
coowner or beneficiary. If a person  
named in the registration of a bond is  
under legal disability and a guardian or 
similar legal representative of his estate 
has been appointed, or is otherwise legally 
qualified, the registration should indicate 
such facts by the addition of appropriate 
words, for example, “Prank Jones, a  
minor under legal guardianship”, or  
“Henry Jones, an incompetent under  
legal guardianship”. Bonds should not  
be registered in the name of a person  
under disability for reasons other than 
minority, unless a legal representative  
of his estate has been appointed.
Important. The above forms of regis­
tration are the only ones authorized for 
bonds of Series E; for Series P and G  
the above forms are authorized, and in  
addition the forms set forth in the fol­
lowing subparagraphs.
(2) In the names of fiduciaries of a  
single duly constituted and wholly in­
dependent trust estate, considered as an  
entity, in the forms set forth in the fol­
lowing subdivisions: Provided, how­
ever, That if two or more trusts (other  
than trusts under wills) have been, or  
are, established by the same grantor  
substantially similar in terms and for 
the benefit of the same person, such  
trusts will be considered together as an 
entity, and not as distinct and independ­
ent trusts:  Provided, further, That bonds 
will not be registered in the name of a  
trustee of a trust established for the 
benefit of the grantor and revocable by 
him.
(i) Executors, administrators, etc. 
In the names of executors, administra­
tors, or other similar legal representa­
tives of the estate of a single decedent 
appointed by a court of competent jur­
isdiction or otherwise legally qualified, 
followed by adequate identifying refer­
ence to the estate, for example, “John A. 
Smith, administrator of the estate of  
Henry J. Smith, deceased”, or “First  
National Bank and Mrs. Mary C. Jones, 
executors of the will of Alfred Jones, 
deceased”.
(ii) Guardians, conservators, curators, 
etc. In the names of guardians or sim­
ilar legal representatives appointed by 
a court of competent jurisdiction or  
otherwise legally qualified, of the estate 
of any one minor or incompetent, for  
example, “William C. Jones, guardian of 
the estate of James B. Brown, a minor”, 
or “Alfred Smith, committee of the es­
tate of John Smith, an incompetent”.  
If a guardian or other legal representa­
tive holds a common fund for the ac­
count of two or more estates, bonds  
should be registered in the name of the  
representative separately for the estate 
of each ward, even though the repre­
sentative was appointed in a single
proceeding. Registration in the names  
of natural or voluntary guardians is not 
authorized.
(iii) Trustees, "by name. Subject to the 
limitations of subdivision (vi), in the 
names of trustees under wills, agreements, 
or similar written instruments, followed 
by adequate identifying reference to the 
instrument establishing the trust, for ex­
ample, “John C. Brown and the First Na­
tional Bank of Boston, trustees under  
paragraph 8 of the will of Henry C.  
Brown, deceased”, or “The Second Na­
tional Bank of Salem, trustee under  
agreement with George E. White, dated  
February 1, 1935”. The names of bene­
ficiaries need not be given unless neces­
sary to an adequate description of the  
trust.
The names of all executors, administra­
tors, guardians, trustees, etc., must be in­
cluded in the registration.
(iv) Trustees, by title alone. Subject  
to the limitations of subdivision (vi):
(a) In the titles of public officers, 
public corporations or similar public  
bodies expressly authorized to act as  
trustees under a constitutional provision, 
statute, city ordinance or similar enact­
ment by a legislative body, followed by a 
reference to the proper provision of law 
and, if necessary, adequate identification 
of the trust involved, for example, “Treas­
urer of the State of Wisconsin, trustee 
under §  223.02 Wise. Stats., for holders of 
X Title Company securities”, or “City of 
Miami, trustees under ordinance passed
_________ ,of sinking fund for holders of
General Improvement Bonds o f ---------”
(b) In the titles of trustees of unin­
corporated lodges, churches, societies, or 
similar unincorporated associations, title 
to whose property is duly held by trustees 
in accordance with the constitution or  
bylaws of the organization; the titles of 
such trustees should be followed by the 
name of the organization, the words “an 
unincorporated association”, and a refer­
ence to the appropriate authorizing pro­
vision, for example, “Trustees of the  
Soroptimist Society, an unincorporated  
association, under Section X of the  
bylaws”.
(v) Board of trustees. In the names  
of boards of trustees, duly authorized to 
act as a board rather than as individual 
trustees, followed by appropriate refer­
ence to the trust instrument or similar  
authority (agreement, statute, etc.) un­
der which they are acting and, if neces­
sary, adequate identification of the trust, 
for example, “Board of Trustees of the 
Police Pension Fund of the City of Bur­
lington, Iowa, under Sections 6310-11  
Iowa Code.”
(vi) Pension or retirement funds, etc. 
Registration may be made in the names  
and title or titles alone, of trustees of a 
pension or retirement fund or of an in­
vestment, savings, insurance, annuity, or 
similar fund or trust, but in all such 
cases the fund will be regarded as an

2193FEDERAL REGISTER, Wednesday, April 30, 1941
entity regardless of the number of bene­
ficiaries or the manner in which their  
respective interests are established or de­
termined. Segregation of individual  
shares as a matter of bookkeeping or as 
a result of individual agreements with 
beneficiaries will not operate to consti­
tute separate trusts under the regula­
tions in this part.
In any case the Treasury Department  
may require a copy of the instrument  
establishing and governing a trust. Reg­
istration may not be made in the names  
of trustees under an agreement or other  
governing authority which purports to  
create a trust, where the funds used  
represent merely security for the proper 
performance of an obligation, except un­
der a statute the terms of which ex­
pressly create an actual trust.
(3) Private corporations and associa­
tions. In the names of any private or­
ganizations whether incorporated or un­
incorporated, as follows:
(i) A private corporation, followed by 
the words “a corporation”, for example, 
“Smith Manufacturing Company, a cor­
poration”.
(ii) An unincorporated association,  
such as a lodge, church, society, or simi­
lar body, followed by the words “an un­
incorporated association”, for example, 
“The Lotus Club, an unincorporated as­
sociation”. The term “an unincorpo­
rated association” should not be used to 
describe a trust fund, a partnership, or 
a trade name.
(iii) A partnership, considered as an  
entity, followed by the words “a partner­
ship”, for example, “Smith and Brown,  
a partnership”.
The full legal name of the corporation, 
unincorporated association, or partner­
ship, as the case may be, should be given 
in the registration. No officer or mem­
ber of the organization may be named in 
the registration. Reference may be  
made, if desired, to a particular book­
keeping fund or account (not a trust),  
for example, “Lafayette Post No. 1, The 
American Legion, an unincorporated as­
sociation (Building fund)”.
(4) States and public corporation. In  
the name of the owner or custodian of  
public funds, other than trust funds, as 
follows:
(i) Any sovereignty, as a State, or  
any public corporation, as a county, city, 
town, village, or school district, for ex­
ample, “County of Middlesex, Massachu­
setts”, or “Town of Takoma Park, Mary­
land”.
(ii) Any duly constituted public body, 
as a board or commission, for example, 
“Maryland State Highway Commission”.
(iii) Any public officer, designated by 
title only, for example, “Treasurer, City 
of Boston”.
The registration should include the full 
name of the sovereignty or public cor­
poration owning the bonds and may in­
clude reference to a particular account, 
if desired, for example, “Treasurer,
School District No. 2 of Morris County, 
Ransas, a Public Corporation (Cafeteria 
Fund)”. A savings bond registered in  
either of the forms authorized in (ii) or 
(iii) above will be considered as owned  
by the sovereignty or public corporation 
concerned for the purpose of applying  
the limitations set forth in §  315.4.
(5) Unauthorized registration. A sav­
ings bond inscribed in a form substan­
tially different from those authorized in 
this section for bonds of that particular 
class will not be considered as validly  
issued and will be accepted only for a re­
fund of the purchase price, unless reissue 
can be made under the provisions of the  
regulations in this part.*
§  315.3 Limitation on transfer. 
United States Savings Bonds are not  
transferable and are payable only to the 
owners named thereon except in the case  
of the disability or death of the owner 
or as otherwise specifically provided  
herein, but in any event only in accord­
ance with the provisions hereof. Accord­
ingly, savings bonds may not be sold and 
may not be hypothecated as collateral  
for a loan and may not be used to secure  
the performance of an obligation except 
as expressly provided by §  315.18.*
§  315.4 Limitations on holdings—(a)  
Amount which may be held—(1) Savings 
bonds issued before March 1, 1941. Sec­
tion 22 of the Second Liberty Bond Act,  
as added February 4, 1935, provided that  
it should not be lawful for any one per­
son at any one time to hold savings bonds 
issued during any one calendar year in  
an aggregate amount exceeding $10,000  
(maturity value). This limitation ap­
plies to all savings bonds issued before 
March 1, 1941.
(2) Savings bonds of Series D issued 
on or after March 1, 1941. The Public  
Debt Act of 1941, effective March 1,1941, 
amended Section 22 of the Second Lib­
erty Bond Act, as amended, to authorize  
the Secretary of the Treasury by regu­
lation to fix the amount of savings bonds 
issued in any one year that may be held  
by any one person at any one time. By  
virtue of such authority, the Secretary  
of the Treasury has provided by regula­
tion effective March 1, 1941, that the  
amount of savings bonds of Series D  
originally issued to any one person dur­
ing any one calendar year (including  
those issued between January 1,1941, and 
February 28, 1941, inclusive) that may  
be held by that person at any one time  
shall not exceed $10,000 (maturity value). 
This paragraph, together with the one  
next preceding, establishes a limitation 
of $10,000 (maturity value) upon savings 
bonds of Series D originally issued to any 
one person between January 1, 1941, and  
April 30, 1941 (inclusive) that may be  
held by that person at any one time.
(3) Defense Savings Bonds of Series E. 
Pursuant to the authority of the Second 
Liberty Bond Act, as amended, it is hereby 
provided that the amount of Defense  
¡Savings Bonds of Series E originally is­
sued to any ope person during any one  
calendar year that may be held by that
person at any one time shall not exceed  
$5,000 (maturity value).
(4) Savings Bonds of Defense Series F 
and Defense Series G. Pursuant to the  
authority of the Second Liberty Bond Act, 
as amended, it is hereby provided that  
the amount of savings bonds of Defense 
Series F or of Defense Series G, or of the 
combined aggregate amount of both se­
ries, originally issued to any one person 
during any one calendar year that may be  
held by that person at any one time shall 
not exceed $50,000 (issue price).
(b) Calculation of amount. In deter­
mining whether the prescribed limit with 
respect to savings bonds of any one series 
issued during any one calendar year is  
exceeded by any one person at any one 
time, there must be taken into account  
the aggregate maturity value (or, in the  
case of Series F and G, the aggregate is­
sue price) of all savings bonds of that 
series issued during that calendar year  
as shown by the issue dates thereon, in­
cluding (1) bonds originally issued to  
and registered in the name of that person 
alone, (2) those originally issued to and 
registered in the name of that person with 
another as coowner, and (3) in the case  
of bonds of Series A, B, C, or D, those ac­
quired before March 1,1941, on the death  
of another or the happening of any other 
event. Bonds of which such person is  
merely the designated beneficiary, in  
case of the death of the owner, those ac­
quired on or after March 1, 1941, on the  
death of another or the happening of any 
other event, those held by him in a fi­
duciary capacity only, and those in which 
his interest is only that of a beneficiary 
of a trust need not be included. Nothing 
herein contained shall be construed to  
validate any holdings theretofore ac­
quired in excess of the authorized limit 
as computed under the regulations in  
force at the time of such acquisition,  
which must be surrendered for redemp­
tion in accordance with such regulations.
(c) Meaning of terms. For the pur­
pose of applying the limitation on hold­
ings, the term “person” shall include, but 
not be limited to, an individual, a part­
nership, a corporation, an unincorpo­
rated association, a trust estate, or any 
other legal entity.
(d) Disposition of excess. If any  
person at any time acquires savings  
bonds issued during any one calendar  
year in excess of the prescribed amount  
the bonds so acquired must be immedi­
ately surrendered for refund of the issue 
price.*
§  315.5 Lost, stolen, mutilated, de­
faced, or destroyed bonds—(a) Relief. 
A substitute may be issued for, or pay­
ment made of, an unmatured savings  
bond, and payment made of a matured  
savings bond, upon proof of the loss, 
theft, mutilation, defacement, or de­
struction of the bond. Relief will be  
granted in such cases only in accordance  
with the provisions of applicable stat­
utes and will be governed in general by  
the regulations contained in Department  
J Circular No. 300, as amended. Applica-

2194 FEDERAL REGISTER, Wednesday, April SO, 1941
tion for relief on account of loss, theft, 
mutilation, defacement or destruction  
should be made only on a form which  
may be obtained from the Treasury De­
partment, Division of Loans and Cur­
rency, Washington, D. C., or from any  
Federal Reserve Bank. In cases of mu­
tilation, defacement, or partial destruc­
tion the bond or so much thereof as  
remains should be carefully packed and  
forwarded to the Treasury Department,  
Division of Loans and Currency.
(b) Notice of loss, etc. The Treasury  
Department, Division of Loans and Cur­
rency, should be immediately notified of 
the loss, theft, or destruction of any sav­
ings bond, reference being made to the  
series, year of issue, date and serial num­
ber of the bond, and the name and ad­
dress of the registered owner. If such  
bond is subsequently recovered, immedi­
ate notice of recovery should be given to 
the Department in order that delay may  
be avoided should the recovered bond be  
presented for payment, and if a sub­
stitute bond has been issued in lieu  
thereof, the recovered bond should be  
surrendered immediately to the Depart­
ment.*
§  315.6 Safekeeping facilities — (a)  
Safekeeping of bonds. A savings bond  
will be held in safekeeping without  
charge by the Secretary of the Treasury  
if the holder so desires, and in such con­
nection the facilities of the Federal Re­
serve Banks as fiscal agents of the United 
States will be utilized. Postmasters will 
not act as safekeeping agents. Arrange­
ments for safekeeping may be made at  
the time of purchase or subsequently, 
and postmasters, upon request, will fur­
nish appropriate application blanks and 
envelopes to be used in forwarding bonds 
for safekeeping. The forwarding will be 
at the risk of the owner and the use of  
registered mail is recommended (postage  
and registration fee to be paid by the  
sender). A savings bond purchased by  
mail upon application to the Treasurer  
of the United States or to any Federal  
Reserve Bank may be placed in safe­
keeping when issued. All safekeeping  
transactions are subject to the provisions 
of the next succeeding paragraph.
(b) Receipt and redelivery. Upon re­
ceipt of the savings bond the Federal Re­
serve Bank will place it in safekeeping  
and issue a receipt, which, unless deliv­
ered in person, will be mailed to the de­
positor at the address given in the ap­
plication. The Federal Reserve Bank  
will at any time deliver the bond to the  
owner or person entitled to possession  
thereof at his risk and expense upon his 
application and upon such identification 
through the return of the safekeeping  
receipt or otherwise, as may be required.*
§315.7 Interest—(a) General. 
United States Savings Bonds are issued  
in two forms: (1) appreciation bonds,  
issued on a discount basis and redeem­
able before maturity at increasing fixed 
redemption values; and (2) current in­
come bonds, bearing interest payable  
semiannually and redeemable before ma­
turity at fixed redemption values less  
than the face amount of the bond. At  
present Series G constitutes the only is­
sue of current income savings bonds.
(b) Appreciation bonds. No interest  
as such is paid on savings bonds issued  
on a discount basis. Such bonds increase 
in redemption value at the end of the  
first year from issue date and at the end 
of each successive half-year period  
thereafter until their maturity, when the 
full amount becomes payable. The in­
crement in value represents interest and  
is payable only on redemption of the  
bonds whether at or before maturity.
(c) Current income bonds. Each such  
bond bears interest at a specified rate 
computed on the face amount thereof and 
payable semiannually.
(1) Time and method of interest pay­
ments. Interest at the rate specified in 
Savings Bonds of Series G will be paid 
semiannually by check drawn as the  
bonds are inscribed (except in case of  
bonds in the form “A, payable on death  
to B”) , and mailed to the address of the 
owner or, in case of coowners, unless  
otherwise specifically directed, to the  
owner first named on the face of the  
bonds. Checks for interest on bonds in­
scribed in the form “A, payable on death 
to B” will be drawn payable to A. The  
first check will be issued six months from 
the issue date appearing on the bonds  
and subsequent checks each six months  
thereafter. Full advantage of interest at 
the rate specified may be secured only  
if the bonds are held to maturity; if Sav­
ings Bonds of Series G are redeemed be­
fore maturity in accordance with the  
provisions of §315.8 (b) (2), the differ­
ence between the face or full maturity  
value and the redemption value then  
payable as shown in the table of redemp­
tion values on the face of each bond will 
represent an adjustment of the interest  
to the rate appropriate for the shorter  
term, as set forth in the tables attached 
to the circular of issue.
(1) Reissue during interest period. If 
a Savings Bond of Series G is reissued for 
any reason between interest payment  
dates, interest for the entire period will 
be paid, on the next interest payment 
date, by check drawn to the order of the  
person in whose name the bond is reis­
sued.
(2) Change of address. In case the  
owner of savings bonds of Series G  
changes his address, a notice of the  
change should immediately be for­
warded to the Treasury Department,  
Division of Loans and Currency, Wash­
ington, D. C. Such notice should  
refer to all bonds for which it is  
desired that the address for delivery  
of interest checks be changed and should 
describe each bond by denomination,  
serial number, series designation (in­
cluding year of issue), and inscription 
appearing on the face of the bond.
(3) Termination of interest. In case  
of redemption prior to maturity of sav­
ings bonds of Series G in accordance
with the provisions of §  315.8 (b), inter­
est will cease on the last day of the in­
terest period next preceding the date of  
redemption. In case of partial redemp­
tion, interest on the amount redeemed  
will cease on the last day of the interest 
period next preceding the date of partial 
redemption, and thereafter will be paid 
only on the lower amount remaining  
after partial redemption.
(4) Consolidation of checks. When­
ever possible a single check will be issued 
on each interest payment date for inter­
est on all savings bonds of Defense  
Series G due to any owner on that date.
(5) Endorsement of checks. Checks  
for interest must be endorsed in accord­
ance with the requirements of the  
Treasurer of the United States, by the  
payees, either personally or by an attor­
ney-in-fact. Forms for the appointment 
of such attorney may be obtained from 
the Treasurer of the United States,  
Washington, D. C., or from any Federal  
Reserve Bank.*
§  315.8 General payment and redemp­
tion provision—(a) Payment at matu­
rity. A savings bond of any series will be 
paid at or after maturity at its full face 
or maturity value, but only following 
presentation and surrender of the bond 
for that purpose with a request for pay­
ment properly signed and certified as  
provided herein.
(b) Redemption before maturity. A  
savings bond may not be called for re­
demption by the Secretary of the Treas­
ury prior to maturity, but may be re­
deemed in whole or in part at the option  
of the owner, prior to maturity under  
the terms and conditions set forth in the 
offering circular of each series and in 
accordance with the provisions of these 
regulations, but only following presenta­
tion and surrender for that purpose with 
a request for payment duly signed and  
certified as provided herein.
(1) Series A, B, C, D, and E. A sav­
ings bond of Series A, B, C, D, or E will  
be redeemed, in whole or in part, at any  
time after 60 days from the issue date, 
at the appropriate redemption value as  
shown on the face of the bond.
(2) Series F and Series G. A savings  
bond of Series F or G will be redeemed, in 
whole or in part, at the option of the  
owner, on one month’ s notice in writing, 
on the first day of any month after six 
months from the issue date, at the ap­
propriate redemption value as shewn on  
the face of the bond. The notice of the 
owner’ s intention to redeem must be re­
ceived by a Federal Reserve Bank or the  
Treasury Department not less than one  
calendar month in advance of the day  
payment is desired, and may'be in the  
form of a duly executed request for pay­
ment. The bond, with the request for  
payment duly signed and certified as  
hereinafter provided, should be surren­
dered with the notice, if separate notice 
is given, and to the same agency to which  
the notice is given. See §  315.7 (c) (1)  
for provisions as to interest in the case of 
bonds of Series G redeemed prior to ma­
turity.)

2195FEDERAL REGISTER, Wednesday, April 30, 1941
(3) Defense Series G— redeemable be­
fore maturity at par on death. A savings  
bond of Series G will be redeemed at par 
before maturity, in whole or in part, but 
only after six months from the issue date,
(i) upon the death of the owner, or a  
coowner, if a natural person, or (ii) as to 
bonds held by a trustee or other fiduciary, 
upon the death of any person which re­
sults in the termination of the trust, in 
whole or in part. If the trust is termi­
nated only in part, redemption at par  
will be made only to the extent of the  
pro rata portion of the trust so termi­
nated, to the next lower multiple of $100. 
In any case notice of desire to redeem at 
par before maturity must be given in  
accordance with the provisions of the  
next preceding subparagraph and must  
be received by the Treasury Department  
or a Federal Reserve Bank within four  
months after the date of death.
(c) Form and date of requests. Re­
quests for payment must be executed 
within six months of the date of receipt 
of a bond by a Federal Reserve Bank or  
the Treasury Department, and unless  
otherwise authorized in a particular case 
the form of request appearing on the  
back of the bond must be used. Payment 
of a savings bond pursuant to a duly exe­
cuted request will be made on the earliest 
day consistent with the regulations in  
this part unless otherwise specifically 
requested.
(d) Execution of request for pay­
ment—(1) Identification of oumer: sig­
nature. The registered owner in whose 
name the bond is inscribed, or such other 
person as may be entitled to payment  
under the provisions of the regulations 
in this part, must appear before one of 
the officers authorized by the Secretary 
of the Treasury to certify requests for 
payment (See paragraph (e) of this sec­
tion), establish his identity, and in the 
presence of such officer sign the request 
for payment in ink, adding, in the space 
provided, the address to which the check,  
issued in payment, is to be mailed. A  
signature to a request for payment made 
by mark (X) must be witnessed by at  
least one person in addition to the cer­
tifying officer and must be attested by 
an endorsement on the blank line, sub­
stantially as follows: “Witness to the 
above signature by mark” followed by  
the signature and address of the wit­
ness. If the name of the registered  
owner or other person entitled to pay­
ment, as it appears in the registration  
or in evidence on file in the Treasury  
Department, Division of Loans and Cur­
rency, has been changed by marriage or  
in any other legal manner, the signature 
to the request for payment should show  
both names and the manner in which the  
change was made, for example, “Miss  
Mary T. Jones, now by marriage Mrs.  
Mary T. Smith”, or “Jung Smelt, now  
by court order John Smith”. In the case 
of a change of name other than by mar­
riage, the request must be supported by  
satisfactory proof of such change, unless
-2
already on file. No request signed in  
behalf of the owner by an agent or a  
person acting under a power of attorney 
will be recognized by the Treasury De­
partment except as specifically provided 
in § 315.18.
(2) Certification of request. After the 
request for payment has been signed by  
the owner, the certifying officer should 
complete and sign the certificate pro­
vided (See paragraph (f) of this sec­
tion) , and the bond should then be pre­
sented and surrendered as provided in  
paragraph (h) of this section.
(e) Certifying officers. The request  
for payment must be signed in the pres­
ence of, and be certified by, one of the 
following officers, who are hereby au­
thorized to certify requests for payment:
(1) At United States post offices—(i) 
At any post office of any class. The post­
master, acting postmaster, or inspector in 
charge; and in addition
(ii) At any post office of the first class 
(main office). The assistant postmaster, 
superintendent of mails, the postal cash­
ier, superintendent of money orders,  
money-order cashier, assistant cashier,  
bookkeeper, or foreman, or clerk tempo­
rarily in charge of the post office; and
(iii) At any post office of the second 
or third class. The assistant postmaster  
or, if there is none, the clerk temporarily 
in charge of the post office in the absence 
of the postmaster; and
(iv) At any classified branch or sta­
tion. The superintendent, assistant su­
perintendent, assistant cashier, book­
keeper, or foreman, or, in the absence of 
all such officials, the clerk temporarily in 
charge of the branch or station. (For  
instructions see paragraph (f) (1) and
(2) of this section.)
(2) At banks, trust companies, 
branches thereof and authorized sales 
agencies, (i) Any executive officer of any 
bank or trust company incorporated in  
the United States or its organized terri­
tories, including officers at domestic or 
foreign branches who are certified to the 
Treasury Department as executive offi­
cers;
(ii) Any executive officer of incorpo­
rated banks and trust companies in the  
organized territories and insular posses­
sions of the United States and in the  
Commonwealth of the Philippines doing  
business under Federal charter or organ­
ized under Federal law;
(iii) Executive officers of Federal Re­
serve Banks and branches thereof, in­
cluding managing directors, assistant  
managers, cashiers and assistant cash­
iers; and Federal Reserve agents and as­
sistant Federal Reserve agents;
(iv) Executive officers of Federal Land 
banks;
(v) Executive officers of Federal Home 
Loan banks;
(vi) Executive officers of corporations 
not included in tlie preceding paragraphs, 
and of other organizations, which have 
qualified under the provisions of Depart­
ment Circular No. 657 as issuing agents 
for bonds of Series E, provided that the
signatures and titles of such officers shall 
have been properly certified to the  
Treasury Department; and further pro­
vided that all certifications to requests 
for payment shall be authenticated by a 
legible impression of the corporate seal, 
if any, otherwise by a legible imprint of 
said issuing agent’ s dating stamp. (For 
general instructions to such officers see 
paragraph (f) (1) and (3) of this
section.)
(3) United States officials. Judges, 
clerks, and deputy clerks of United States 
courts, including United States courts  
for the organized territories, insular pos­
sessions, and the Canal Zone; United  
States attorneys; United States collec­
tors of customs and their deputies;  
United States collectors of Internal  
Revenue and their deputies; command­
ing officers of the United States Army, 
Navy, Marine Corps, and Coast Guard,  
but only for members of their respective 
commands, members of their families  
and civilian employees at Army Posts  
or Naval Bases or stations (such officer 
should indicate his rank, the organiza­
tion which he commands, and state that  
the person signing the request is one of 
the class whose requests he is authorized 
to certify);  the officer in charge of any 
home, hospital, or other facility of the 
Veterans’  Administration, but only for 
patients and members of such facilities. 
(For instructions to such officers see 
paragraph (f) (1) of this section.)
(4) Officers authorized in particular 
localities. In addition to the officers 
listed above, the following officers are 
authorized to certify requests for pay­
ment of United States Savings Bonds in  
the localities specified:
(i) Washington, D. C.: Certain officers 
of the Treasury Department;
(ii) Alaska: Governor, Treasurer, and 
United States Commissioners;
(iii) Canal Zone: Governor, paymas­
ter or acting paymaster, collector or  
acting collector, the Panama Canal, and  
also postmasters and acting postmasters 
in the Bureau of Posts;
(iv) Commonwealth of the Philip­
pines: The United States High Commis­
sioner, his Executive Assistant, and the  
Chief Clerk in his'office; Treasurer of 
the Commonwealth and the city treas­
urers of Manila and Baguio; judges and  
clerks of courts of record whose signa­
tures and official positions are certified 
by the Secretary of Justice;.
(v) Guam and American Samoa: 
Governors, and naval and marine officers 
authorized to administer oaths for naval 
justice and administration;
(vi) Hawaii: Governor and Treasurer;
(vii) Puerto Rico: Governor a n d  
Treasurer;
(viii) Virgin Islands: Governor and 
Commissioner of Finance. (For instruc­
tions to such officers see paragraph (f) 
(1) of this section.)
(5) In foreign countries. In a for­
eign country requests for payment may  
be signed in the presence of and be cer-
No. 84-

2196 FEDERAL REGISTER, Wednesday, April 30, 1941
tified by any United States diplomatic or 
consular representative, or manager (or  
other executive officer in charge) or as­
sistant manager of a foreign branch of 
a bank or trust company incorporated  
in the United States, who is certified to 
the Treasury Department as an executive  
officer. If such an officer is not avail­
able, requests for payment may be signed 
in the presence of and be certified by a 
notary or other officer authorized to ad­
minister oaths, but his official character 
and jurisdiction must be certified by a 
United States diplomatic or consular  
officer under the seal of his office. (For 
instructions to such officers see para­
graph (f) (1) of this section.)
(6) Special provision. In the event  
none of the officers authorized to certify 
requests for payment of savings bonds is 
readily accessible, the Commissioner of 
the Public Debt is authorized to make  
special provision for any particular case.
(f) Instructions to certifying officers—  
(1) In general. Certifying officers should 
require positive identification of the per­
son signing the request for payment, and 
will be held fully responsible therefor. 
In all cases the certifying officer must 
affix to the request for payment his official 
signature, title, address and seal, and the 
date of execution. If the officer does not 
possess an official seal, that fact should 
be made known and attested. (See sub-  
paragraphs (2) and (3) below for special 
instructions to post office officials and 
bank officials respectively.)
(2) Post office officials.' If any desig­
nated post office official other than a post­
master, acting postmaster, or inspector  
in charge of an office certifies a request 
for payment, he should certify in the  
name of the postmaster, acting post­
master, or inspector in charge, followed 
by his own signature and official title, for 
example, “John Doe, postmaster, by  
Richard ,Roe, postal cashier”. In the  
case of a clerk in charge of an office, 
branch, or station, the official title should 
be followed by the name of such office, 
branch, or station, for example, “John 
Doe, postmaster, by Richard Roe, clerk  
in charge, Main Street Station”. The cer­
tification of any post office official must 
be authenticated by a legible imprint of 
a dating stamp of his post office.
(3) Bank officers, (i) At the princi­
pal office of an incorporated bank or trust 
company, the signature of the certifying 
officer should be authenticated by a legi­
ble impression of the seal of the bank or 
trust company; (ii) at a branch, if the 
corporate seal is not available, the signa­
ture of the certifying officer and his 
official title should be certified to the 
Treasury Department, Division of Loans  
and Currency, by the parent bank or  
trust company under its seal, unless such 
certificate is already on file in that divi­
sion.
(g) Interested person not to certify. 
No person authorized to certify requests 
for payment may certify a request for 
payment of a bond of which he is the  
owner, or in which he has an interest,
either in his own right or in any repre­
sentative capacity.
(h) Presentation and surrender. After 
the request for payment has been duly  
signed by the owner and has been cer­
tified as above provided, the bond must 
be presented and surrendered as follows:
(1) If a bond is registered in the name 
of an individual in his own right or in 
the name of (i) a private organization in 
its own right, (ii) a State, (iii) a public 
corporation, (iv) a public board or com­
mission, or (v) a public officer, and pay­
ment is to be made to the registered 
owner or coowner, the bond should be  
presented and surrendered to a Federal  
Reserve Bank, or to the Treasurer of the  
United States, Washington, D. C.
(2) If a bond is registered in the name 
of a fiduciary or if payment is to be made 
to any person other than the registered  
owner or coowner, the bond should be  
presented and surrendered to the Treas­
ury Department, Division of Loans and  
Currency, Washington, D. C., or to a  
Federal Reserve Bank.
(3) In all cases presentation will be at 
the expense and risk of the owner, and,  
for his protection, the bonds should be 
forwarded by registered mail if not pre­
sented in person. Payment will be made  
by check drawn to the order of the regis­
tered owner or other person entitled and  
mailed to him at the address given in his 
request for payment.
(i) Partial redemption. A savings  
bond of any series in a denomination  
other"  than the lowest authorized for  
that series, may be redeemed in part, but 
only in multiples of the lowest author­
ized denomination, at the appropriate  
current redemption value, upon pres­
entation and surrender of the bond in  
accordance with the provisions of this  
section. In any such case, before the  
request for payment is signed, there  
should be added to the first sentence of 
the request for payment, on the line pro­
vided, the words “to the extent of
$
-----------(maturity value), and reissue
of the remainder”. Upon partial re­
demption of a savings bond the remain­
der will be reissued as of the original 
issue date, subject to the provisions of 
§  315.19. (As to interest on bonds of  
Defense Series G in case of partial re­
demption see §  315.7 (c) (3).) *
§  315.9 Minors—(a) Payment to legal 
guardians. If the owner of a savings  
bond is a minor for whose estate a guard­
ian or similar legal representative has  
been appointed by a court of competent  
jurisdiction or is otherwise legally quali­
fied, and if the Treasury Department is 
properly advised of such fact, payment 
will be made only to such guardian, or  
similar legal representative. In any such 
case the request for payment appearing  
on the back of the bond should be signed 
by the guardian or sinfilar representative 
as such, for example, “John A. Jones,  
guardian of the estate of Henry W. Smith, 
a minor”. The request for payment must  
be supported by proof of the representa­
tive’ s authority. Such proof may con­
sist of a court certificate or a certified 
copy of the representative’ s letters of 
appointment, issued by the court having 
jurisdiction. The certificate, or the cer­
tification to the letters, must be under the 
seal of the court, must contain a state­
ment that the appointment is in full force, 
and should be dated within six months  
of the date of presentation of the bond 
for payment. A request for payment  
before maturity executed on behalf of a 
corporate fiduciary must be authorized by 
a resolution of the governing body of the 
corporation or by a standing bylaw, a  
certified copy of which must be furnished 
the Treasury Department, Division of  
Loans and Currency, Washington, D. C.,  
unless already on file.
(b) Payment to minors. If the Treas­
ury Department is not properly advised  
that a guardian or similar legal repre­
sentative of the estate of a minor owner 
of a savings bond has been appointed  
or is otherwise legally qualified, payment 
will be made direct to such minor owner,  
provided such minor is, at the time pay­
ment is requested, of sufficient com­
petency and understanding to sign his  
name to the request and to comprehend  
the nature of such act. In general the  
fact that the request for payment has  
been signed by the minor and duly certi­
fied in accordance with §  315.8 will be 
accepted as sufficient proof of such com­
petency and understanding.
(c) Payment to parents. If the Treas­
ury Department is not properly advised  
that a guardian or similar legal repre­
sentative of the estate of a minor owner 
of a savings bond has been appointed or 
is otherwise legally qualified, and if such 
minor owner is not of sufficient compe­
tency and understanding to execute the  
request for payment, payment will be  
made to either parent of the minor with  
whom he resides, or if the minor does  
not reside with either parent, then to  
the person who furnishes his chief sup­
port. The parent or such other person  
should sign the request for payment in  
his own name, on behalf of the minor, in 
the form “Mrs. Mary Jones, on behalf 
of John C. Jones”, and should sign a  
certificate, in substantially the following 
form, which may be typed on the back  
of the bond:
I  certify th a t I am t h e
____________  (re­
lationship) of John C. Jones and th e person
w ith whom  he resides. He i s ____ years of
age and is n ot of sufficient com petency and  
understanding to sign th is request.
If a person other than a parent signs the 
request on behalf of the minor he should 
also certify that the minor does not re­
side with either and that he furnishes  
his chief support. The Treasury De­
partment may in any particular case re­
quire further proof that the minor is not 
of sufficient competency and understand­
ing to execute the request for payment  
and of the right of the person executing 
the request to act on behalf of the minor.*
§  315.10 Disability other than minor­
ity—(a) Payment to legal guardian. If

FEDERAL REGISTER, Wednesday, April 30, 1941 2197
the owner of a savings bond has been ju­
dicially declared to be incompetent to  
manage his affairs and the Treasury De­
partment is properly advised that a 
guardian or similar legal representative 
of his estate has been appointed by a  
court of competent jurisdiction, payment 
will be made only to such guardian or  
similar legal representative. In this case 
the request for payment should be  
signed: “Thomas S. Gray, guardian (cur­
ator, conservator, or committee, as the  
case may be) of the estate of Benjamin  
S. Smith, an incompetent”. The request  
for payment must be supported by proof 
of the representative’ s authority. Such 
proof may consist of a court certificate 
or a certified copy of the representative’ s 
letters of appointment, issued by the court 
having jurisdiction. The certificate, or 
the certification to the letters, must be 
under the seal of the court, must con­
tain a statement that the appointment  
is in full force, and should be dated 
within six months of the date of pres­
entation of the bond for payment. A  
request for payment before maturity ex­
ecuted on behalf of a corporate fiduciary 
must be authorized by a resolution of the 
governing body of the corporation or by 
a standing bylaw, a certified copy of  
which must be furnished the Treasury  
Department, Division of Loans and Cur­
rency, Washington, D. C., unless already 
on file.
(b) Payment to voluntary guardian. 
In any case where the owner of a savings 
bond has been judicially declared incom­
petent, or his incompetency, in the opin­
ion of the Secretary of the Treasury, is 
otherwise established and no guardian or 
other legal representative of his estate 
has been appointed or is otherwise legally 
qualified, and the entire gross value of his 
personal estate does not exceed $500,  
payment will be made to a member of  
his family, or other person, standing in 
the position of voluntary guardian, upon 
presentation of proof satisfactory to the 
Secretary of the Treasury that the pro­
ceeds of the bond are required, and are  
to be used, for the purchase of necessaries 
for the incompetent or for his wife or 
minor children or other persons depend­
ent upon him for support. Applications 
for such payment should be made only on 
appropriate forms which may be obtained 
from the Treasury Department, Division  
of Loans and Currency, Washington,  
D. C., or any Federal Reserve Bank. The  
request for payment should not be exe­
cuted, nor the bond presented, until the  
application has been approved and in­
structions have been given by the Treas­
ury Department.*
§  315.11 Cooumers—(a) Payment or 
reissue. A savings bond registered in the 
names of two persons as coowners, for  
example, “John A. Jones OR Mrs. Mary  
C. Jones”, will be paid or reissued as fol­
lows:
(1) During the lives of both coowners. 
During the lives of both coowners the  
bond will be paid to either coowner upon
his separate request without requiring  
the signature of the other coowner,* and 
upon payment to either coowner the other  
person shall cease to have any interest  
in the bond. The bond will also be paid  
to both coowners upon their joint re­
quest, in which case payment will be  
made by check drawn to the order of both 
coowners in the form, for example, “John 
A. Jones and Mrs. Mary C. Jones”, and  
the check must be endorsed by both pay­
ees. The bond will not be reissued in  
any form during the lives of both co­
owners except as specifically provided  
in the regulations in this part.
(2) After the death of one coowner. 
If either coowner dies without having  
presented and surrendered the bond for  
payment to a Federal Reserve Bank or  
the Treasury Department, the surviving  
coowner will be recognized by the Treas­
ury Department as the sole and absolute  
owner of the bond, and payment will be  
made only to him: Provided, however, 
That if a coowner dies after he has prop­
erly executed the request for payment  
and after the bond has actually been  
received by a Federal Reserve Bank or  
the Treasury Department, payment of  
the bond, or check if one has been issued, 
will be made to his estate in accordance  
with the provisions of §  315.16. Upon  
proof of the death of one coowner  
and appropriate request by the surviving 
coowner, the bond will be reissued in the 
name of such survivor alone, or (if not 
a minor or under any other legal dis­
ability) in his name payable on death  
to a d e s i g n a t e d  beneficiary. (See  
§315.12 (e))
(3) After the death of the surviving co­
owner. After the death of a surviving  
coowner who became solely entitled to  
the bond under the provisions of the next 
preceding subparagraph, the bond will  
be paid or reissued in accordance with  
the provisions of §  315.16, as though it 
were registered in the name of the last  
deceased coowner alone. In this case 
proof of the death of both coowners and 
of the order in which they died will be  
required.
(b) Limitation on reissue. Any reissue  
authorized in this section will be made 
only subject to the limitations set forth 
in §  315.19.*
§  315.12 Beneficiaries—(a) Payment 
to registered owner. A savings bond reg­
istered in the name of one person, pay­
able on death to a designated beneficiary, 
for example, “Henry W. Ash, payable on  
death to John C. Black”, will be paid  
to the registered owner during his life­
time upon his properly executed request  
without regard to the designated bene­
ficiary. If the beneficiary should pre­
decease the registered owner the bond  
will be paid as though no beneficiary had 
been named in the registration.
(b) Reissue during lifetime of regis­
tered owner. A savings bond registered  
in the name of one person payable on  
death to a designated beneficiary may  
not be reissued during the lifetime of
such beneficiary so as to eliminate his  
name. If such beneficiary should pre­
decease the registered owner, the bond  
may, upon appropriate request by the  
registered owner, and proof of the death 
of the beneficiary, be reissued in the  
name of the registered owner alone, or  
in his name payable on death to a new  
beneficiary.
(c) Payment or reissue to beneficiary. 
If the registered owner dies without hav­
ing presented and surrendered the bond  
for payment to a Federal Reserve Bank  
or the Treasury Department, and is sur­
vived by the beneficiary, upon proof of 
such death and survivorship, the bene­
ficiary will be recognized by the Treasury 
Department as the sole and absolute  
owner of the bond, and payment will be  
made only to him, or, upon appropriate  
request by the beneficiary the bond may 
be reissued in his name alone or (if not a 
minor or under any other legal disability) 
in his name payable on death to a single  
designated beneficiary: Provided, how­
ever, That if the bond with a properly  
executed request for payment has ac­
tually been received by a Federal Reserve 
Bank or the Treasury Department, pay­
ment of the bond, or check if one has  
been issued, will be made to the estate of 
the deceased owner in accordance with  
the provisions of §  315.16.
(d) Payment or reissue after death of 
the surviving beneficiary. After the  
death of a surviving beneficiary who be­
came entitled to the bond under the pro­
visions of the next preceding paragraph, 
the bond will be paid or reissued in ac­
cordance with the provisions of §  315.16, 
as though the bond were registered in the 
name of the surviving beneficiary alone. 
In this case proof of the death of both the 
registered owner and the beneficiary and 
of the order in which they died will be  
required.
(e) Reissue to add a beneficiary. A  
savings bond registered in the name of  
one person in his own right or to which  
one person is shown to be entitled in his 
own right under the regulations in this  
part, upon appropriate request by such  
person (if not a minor or under any other 
legal disability) may be reissued in whole 
or in part, in his name payable on death  
to a single designated beneficiary.
(f ) Limitation on reissue. Any reissue  
authorized in this section will be made  
only subject to thè limitations set forth 
in §  315.19.*
§  315.13 Fiduciaries—(a) Payment to 
fiduciaries. A savings bond registered in  
the name, of, or otherwise belonging to a 
fiduciary estate, will be paid to the fiduci­
aries of such estate upon their request. 
The request for payment must be signed  
by all acting fiduciaries, except for pay­
ment at maturity, when a request by any  
one or more acting fiduciaries will be ac­
cepted, but payment will be made to all.  
If the bond is registered in the names of 
individual fiduciaries of the estate who 
are still acting, no further evidence of 
authority will be required. In other cases 
the request for payment must be sup-

2198 FEDERAL REGISTER, Wednesday, April 30, 1941
ported by certain evidence as specified  
below:
(1) Fiduciaries—by title only. If the 
bond is registered in the titles without 
the names of the fiduciaries, satisfactory 
proof of the incumbency of the fiduciaries 
must be furnished, except in the case of 
public officers.
(2) Succeeding fiduciaries. If the  
fiduciaries in whose names the bonds  
were registered have been succeeded by  
other fiduciaries, satisfactory proof of 
successorship must be furnished.
(3) Boards, committees, etc., as fidu­
ciaries. If the fiduciaries consist of a 
board, committee, commission, or public  
body, or are otherwise empowered to act  
as a unit, a request for payment before 
maturity must be supported by a duly  
certified copy of a resolution of the board 
or other body authorizing such action.  
In any case the request must be signed  
in the name of the board or other body  
by an authorized officer or agent thereof.
(4) Corporate fiduciaries. If the fidu­
ciary is a corporation, a request for pay­
ment before maturity must be supported  
by a duly certified copy of a resolution 
of the governing body of the corporation 
or a standing bylaw authorizing such  
action. In any case the request must be  
signed in the name of the corporation,  
in the fiduciary capacity in which it is 
acting, by an authorized officer thereof.
(5) Registration not disclosing trust. 
If the form in which the bond is regis­
tered does not show that it belongs to  
a fiduciary estate or does not identify the 
estate to which it belongs, satisfactory 
proof of ownership must be furnished: 
Provided, however, That these provisions 
do not apply to bonds registered in the  
name of, or held by the estate of, a de­
cedent for whose estate a legal repre­
sentative has been appointed; such  
bonds are governed by the provisions of 
§  315.16.
(b) Reissue in the name of a succeed­
ing fiduciary. If a person in whose name  
a savings bond is registered as a fiduciary 
has been succeeded as such fiduciary by  
another person, the bond will be reissued 
in the name of the succeeding fiduciary  
upon appropriate request and satisfac­
tory proof of successorship.
(c) Reissue in the name of, or pay­
ment to, the person entitled—(1) Dis­
tribution of trust estate in kind. A sav­
ings bond to which a beneficiary of a  
trust has become lawfully entitled, in  
whole or in part, under the terms of  
the trust, will be reissued in his name  
to the extent of his interest, as a dis­
tribution in kind, upon the request of  
the trustee or trustees and their cer­
tification that such person is entitled and 
has agreed to reissue in his name: Pro­
vided, That if a trustee himself is so  
entitled in his own right, his request for 
reissue in his name must be supported by 
an order of court or other satisfactory 
proof that he is so entitled, unless a co­
fiduciary joining in the request has no 
beneficial interest in the estate: Pro­
vided, further, That if the form in which
the bond is registered does not show that 
it belongs to a trust estate, the request 
for reissue must be supported by satis­
factory proof of ownership.
(2) After termination of trust estate. 
If the person who would be lawfully en­
titled to a savings bond upon the ter­
mination of a trust does not desire to  
have such bond distributed to him in  
kind, as provided in the next preceding  
subparagraph, the trustee or trustees  
should redeem the bond in accordance  
with the provisions of paragraph (a),  
before the estate is terminated. If, how­
ever, the estate is terminated without  
such payment or reissue having been 
made, the bond will thereafter be paid  
to or reissued in the name of the person  
lawfully entitled upon his request and  
satisfactory proof of ownership, supple­
mented, if there are two or more persons  
having any apparent interest in the  
bond, by an agreement executed by all  
such persons.
(3) Upon termination of guardianship 
estate. A savings bond registered in the 
name of a guardian or similar legal rep­
resentative of the estate of a minor or  
incompetent, if the estate is terminated  
during the ward’ s lifetime, will be re­
issued in the name of the former ward  
upon the representative’ s request and  
certification that the former ward is en­
titled and has agreed to reissue in the  
name of the former ward upon his own  
request, supported in either case by sat­
isfactory proof that his disability has 
been removed. Certification by the rep­
resentative that a former minor has at­
tained his majority, or that the legal dis­
ability of a female ward has been re­
moved by marriage, if the state law so  
provides, will ordinarily be accepted as 
sufficient, but if the disability is removed 
by court order a duly certified copy of 
the order will be necessary. Upon the  
death of the ward a bond registered in  
the name of his guardian or similar rep­
resentative will be reissued in accordance 
with the provisions of §  315.16 as though 
it were registered in the name of the  
ward alone.
(d) Bonds held by trustee where re­
issue not authorized. Savings Bonds of  
Series D issued after April 1, 1940, and  
Defense Savings Bonds of Series E, may  
be held without change of registration  
by a trustee under the will of the de­
ceased owner thereof (but may not be  
reissued in the name of such trustee).  
Bonds so held will be paid, or, upon ter­
mination of the trust, will be reissued in 
the names of the persons entitled in their 
own right, in accordance with the pro­
visions of this section: Provided, That  
proof of the appointment and authority 
of the trustee will be required.
(e) Limitation on reissue. Any reissue  
authorized in this section will be made  
only subject to the limitations set forth 
in §  315.19.*
§  315.14 Private corporations, associ­
ations, partnerships, etc.—(a) Payment 
to corporations or unincorporated asso­
ciations. A savings bond registered in  
the name of a private corporation or an
unincorporated association will be paid 
to such corporation or unincorporated  
association upon request for payment on 
its behalf by a duly authorized officer 
thereof. The signature to the request  
should be in the form, for example, “The 
Jones Coal Company, a corporation, by  
William A.. Smith, president”, or “The  
Lotus Club, an unincorporated associa­
tion, by John Jones, treasurer”. A re­
quest for payment so signed and duly cer­
tified in accordance with §  315.8 will ordi­
narily be accepted without further proof 
of the officer’ s authority.
(b) Payment to partnerships. A sav­
ings bond registered in the name of a  
partnership will be paid upon a request  
for payment signed by a general partner. 
The signature to the request should be  
in the form “Smith and Jones, a partner­
ship, by John Jones, a general partner”. 
A request for payment so signed and duly 
certified in accordance with §  315.8 will 
ordinarily be accepted as sufficient proof 
that the person signing the request is  
duly authorized.
(c) Reissue or payment to successors 
of corporations, unincorporated associa­
tions, or partnerships. A savings bond  
registered in the name of a private cor­
poration, an unincorporated association, 
or partnership which has been succeeded  
by another corporation, unincorporated 
association, or partnership as the result 
of merger, consolidation, reincorpora­
tion, conversion, reorganization, or other 
succession where the ownership of the  
succeeding organization is substantially 
identical with that of its predecessor, 
duly effected by authority of law, will be 
paid to, or reissued in the name of, the  
respective succeeding corporation, unin­
corporated association, or partnership  
upon appropriate request on its behalf 
supported by satisfactory proof of suc­
cessorship.
(d) Reissue or payment on dissolu­
tion— (1) Corporations. A savings bond  
registered in the name of a private cor­
poration which is in process of dissolu­
tion will be paid to the authorized liqui­
dators of the corporation on their re­
quest for payment as such, or will be  
reissued in the names of the stockholders 
entitled as distributees, to the extent of 
their respective interests, upon the re­
quest of the authorized liquidators of 
the corporation and their certification 
that all the debts of the corporation have 
been paid or properly provided for and  
that the persons in whose names reissue  
is requested, to the extent specified, are 
entitled as stockholders and have agreed  
to such reissue. In any case a request  
for payment or reissue by the liquidators 
of a corporation must' be supported by 
proof of their authority in the form of 
a certified copy of the stockholders’  au­
thorizing resolution and such other evi­
dence as the Secretary of the Treasury  
may require, unless already on file.
(2) Partnerships. A savings bond reg­
istered in the name of a partnership  
which has been dissolved by the death or 
withdrawal of a partner, or otherwise,  
will be paid to, or reissued in the name

FEDERAL REGISTER, Wednesday, April 30, 1941 2199
of, the persons entitled to the partner­
ship assets to the extent of their respec­
tive interests, upon the request of such 
persons supported by a certificate and  
agreement executed by all surviving  
partners, former partners, and repre­
sentatives of the estates of any deceased 
partners, identifying themselves as such, 
showing that the debts of the partner­
ship have been paid or properly provided 
for, and setting forth their agreement 
with respect to the ownership of the  
bonds.
(e) Limitation on reissue. Any re­
issue authorized by this section will be 
made only subject to the limitations set 
forth in §  315.19.*
§  315.15 States, public corporations, 
and public boards, commissions and of­
ficers—(a) In names of States, public 
corporations, and public boards. A sav­
ings bond registered in the name of a  
State or of a county, city, town, village, 
or other public corporation, or in the  
name of a public board or commission, 
will be paid upon a request signed in the 
name of such State, corporation, board, 
or commission by a duly authorized  
officer thereof. A request for payment 
so signed and duly certified in accord­
ance with §  315.8 will ordinarily be ac­
cepted without further proof of the of­
ficer’ s authority.
(b) In names of public officers. A  
savings bond registered in the title,  
without the name, of an officer of a State 
or public corporation, such as a county, 
city, town, or village, will be paid upon 
request for payment signed by the des­
ignated officer. The fact that the re­
quest for payment is signed and duly  
certified in accordance with §  315.8 will 
ordinarily be accepted as sufficient proof 
that the person signing is the incum­
bent of the designated office.*
§  315.16 Deceased owners—(a) Pay­
ment or reissue on death of owner. 
Upon the death of the owner of a savings 
bond, who was not survived by a co­
owner or designated beneficiary and who 
had not during his lifetime presented  
and surrendered the bond to a Federal  
Reserve Bank or the Treasury Depart­
ment with a request for reissue signed  
by him and duly certified, the bond will 
be paid or reissued as hereinafter pro­
vided, either pursuant to proceedings in 
a court having jurisdiction of the estate 
or, in appropriate cases, without such  
proceedings. The provisions of this  
paragraph shall also apply to savings  
bonds registered in the names of execu­
tors or administrators except that proof 
of their appointment and qualification 
may not be required. Established forms 
for use in such cases may be obtained  
from any Federal Reserve tìank or from  
the Treasury Department, Division of  
Loans and Currency, Washington, D. C.,  
and should be used in every instance. -
(1) In course of administration. If 
the estate of the decedent is being admin­
istered in a court of competent jurisdic­
tion, the bond will be paid to, or, when 
administration is concluded, reissued in 
the names of, the persons entitled to
share in the estate, upon the request of  
the duly appointed and qualified repre­
sentative of the estate. If payment is 
desired, the request for payment on the  
back of the bdnd should be signed by the 
representative and payment will be made  
only to him. If reissue is desired, the  
representative should request reissue in  
the names of the persons entitled and  
should certify that they are so entitled 
to the extent specified with respect to  
each, and that they have agreed to such  
reissue. The request for payment or re­
issue should be signed in the form, for 
example, “John A. Jones, administrator 
of the estate (or executor of the will) of 
Henry W. Jones, deceased”. Reissue will  
be made in the name of the person en­
titled, payable on death to a designated 
beneficiary, upon appropriate request by 
such person, in addition to the request  
and certification by the representative. 
A request for payment or reissue must  
be supported by proof of the representa­
tive’ s authority. Such proof may consist 
of a court certificate or a certified copy 
of the representative’ s letters of appoint­
ment issued by the court having jurisdic­
tion. The certificate, or the certification 
to the letters, must be under the seal of 
the court, must contain a statement that  
the appointment is in full force, and  
should be dated within six months of the 
date of presentation of the bond for pay­
ment or reissue. If the representative is 
himself the person entitled and desires  
reissue in his own name, a special order  
of court showing that he is entitled to  
the bond in his own right must be fur­
nished. A request for payment before  
maturity on behalf of a corporate fiduci­
ary must be supported by appropriate  
evidence as provided in §  315.13 (a) (4).
(2) After settlement through court 
proceeding. If the estate of the dece­
dent has been settled in a court of com­
petent jurisdiction, the bond will be paid 
to, or reissued in the name of, the per­
sons entitled thereto under the terms of 
the final account, decree of distribution, 
or other similar court records, supple­
mented, if there are two or more persons  
having an apparent interest in the bond, 
by an agreement executed by all such  
persons. The persons entitled should re­
quest payment or reissue on appropriate  
forms, which may be obtained as above  
provided. The request for payment or  
reissue, and the agreement, if necessary, 
must be supported by duly certified  
copies of the pertinent court records.
(3) Without administration. If no  
legal representative of the decedent’ s  
estate has been or is to be appointed,  
and if it is established to the satisfac­
tion of the Secretary of the Treasury  
either that the gross value of the per­
sonal estate does not exceed $500, or  
that administration of the estate is not 
required in the State of the decedent’ s  
last domicile, the bond will be paid to, or 
reissued in the name of, the persons en­
titled to share in the estate pursuant to 
an agreement by all such persons with­
out requiring administration of the' es­
tate: Provided, however, That reissue
will not be made in the name of a cred­
itor of the estate. The persons entitled 
should request payment or reissue on  
appropriate forms which may be ob­
tained as above provided. Unless oth­
erwise directed by tfie Treasury Depart­
ment the request for payment or reissue  
must be supported by (i) affidavits by 
all persons entitled to any share in the  
estate, setting forth the facts in detail, 
and their agreement for the distribution 
of the bond, (ii) proof that the debts 
of the decedent and of his estate have 
been paid or provided for, (Hi) affidavits 
of credibility by two disinterested per­
sons having personal knowledge of the  
decedent and his family, and (iv) a  
death certificate or other proof of the 
death of the decedent. The evidence  
should be submitted only on the form  
established for that purpose, which may 
be obtained as above provided. No pay­
ment or reissue will be permitted with­
out administration if any of the persons 
entitled are minors or incompetents, ex­
cept to them or in their names, in whole  
or to the extent of their interests in the 
decedent’ s entire personal estate, or upon 
compliance with the provisions of  
§§ 315.9 and 315.10 governing payment of 
savings bonds registered in the names of 
such persons.
(b) Forms of registration on reissue. 
In no case will reissue as authorized in  
this section be made in the names of  
two persons as coowners, nor will bonds  
of Series D bearing issue dates on or  
after April 1, 1940, or bonds of Series E, 
be reissued except in the names of natu­
ral persons (that is, individuals) in their 
own right.
(c) Limitation on reissue. Any reissue  
authorized by this section will be made  
only subject to the limitations set forth 
in §  315.19.*
§  315.17 Creditors’ rights and judicial 
proceedings—(a) Judicial proceedings. 
The ownership of a savings bond or in­
terest therein may be transferred or es­
tablished through valid judicial proceed­
ings: Provided, however, That no such  
proceedings will be recognized if they  
would give effect to an attempted volun­
tary transfer inter vivos of the bond or 
would defeat or impair the rights of sur­
vivorship conferred by the regulations in 
this part upon coowners and beneficiaries. 
Payment, or partial payment in accord­
ance with the provisions of §  315.8 (i), in 
an amount not in excess of the interest so 
transferred or established, will be made 
upon presentation and surrender of the  
bond with the request for payment duly  
executed, at the redemption value cur­
rent 30 days after the proceedings have 
become final, or current at the time the  
bond is presented for payment, which­
ever is earlier. A bond or interest therein 
will not be reissued as the result of  
judicial proceedings except in the case  
of a determination of ownership as be­
tween coowners, in which case the bond  
may be reissued in the names of the  
respective coowners, to the extent of their 
respective interests as determined by  
such proceedings, and only in authorized

2200 FEDERAL REGISTER, Wednesday, April 30, 1941
denominations. The request for payment  
or reissue must be supported by a cer­
tified copy of the judgment or decree of 
court through which the ownership was  
transferred or established, certified cop­
ies of the records with respect to any  
necessary supplementary proceedings,  
and a certificate by the clerk of the court 
showing that no appeal, motion for new  
trial, or other proceeding which may re­
sult in modifying the judgment or decree 
has been taken, made, or applied for,  
that the time for such action has expired 
(or that such proceeding has been finally 
terminated), and that the judgment or  
decree is in full force and effect and has 
become final under the laws of the juris­
diction. The Secretary of the Treasury  
may in any case require such further in­
formation, documents, and security as  
he may deem necessary.
(b) Bankruptcy and insolvency. 
Payment (but not reissue) of a savings  
bond will be made to a duly qualified  
receiver or trustee in bankruptcy of the 
estate of the registered owner, adjudi­
cated bankrupt or insolvent, upon request 
for payment duly executed by such re­
ceiver or trustee and supported by satis­
factory proof of his appointment and 
qualification.*
§  315.18 Pledge with Secretary of 
Treasury or Federal Reserve Banks. 
Notwithstanding any other provisions of 
this or any other circular, a savings bond 
may be pledged by the registered owner  
in lieu of surety under the provisions of 
Department Circular No. 154, amended:  
Provided, That the bond approving officer 
is the Secretary of the Treasury. In such 
cases an irrevocable power of attorney  
shall be executed authorizing the Secre­
tary to request payment, and payment of 
the bond will, if it becomes necessary, be 
made upon such request at the then ap­
propriate redemption value. No pledge  
to a bond approving officer other than 
the Secretary of the Treasury will be per­
mitted. A savings bond may also be de­
posited as security with a Federal Reserve 
Bank under the provisions of Department 
Circular No. 657 by an institution certi­
fied under that circular as an issuing  
agent for Defense Savings Bonds of  
Series E. In no other cases are savings  
bonds suitable for use as collateral, nor 
will a power of attorney to request pay­
ment be recognized in any other case.*
§  315.19 Reissue and denominational 
exchange—(a) General. Reissue of sav­
ings bonds in a different form of regis­
tration will be made only in the follow­
ing instances and only in denominations 
and forms of registration authorized for 
the bonds surrendered:
(1) To correct an established error in  
the original issue;
(2) To show a change in the name of  
an owner or beneficiary whether by mar­
riage or otherwise;
(3) As specifically provided in this  
part.
Reissues pursuant to (2) and (3) above  
will be made only at the Treasury De­
partment, Division of Loans and Cur­
rency, Washington, D. C., upon a request  
which must be signed by the person au­
thorized by the regulations in this part to 
make such request, in the presence of, and 
be certified by, an authorized officer in 
accordance with §  315.8 (d) and (e). Re­
quests for reissue should be executed on 
appropriate forms which may be ob­
tained from the Division of Loans and  
Currency or from any Federal Reserve  
Bank. Bonds held in excess of the pre­
scribed limit, calculated in accordance  
with §  315.4, will not be reissued except 
insofar as reissue may be made pursuant 
to subparagraph (1) above.
(b) Limitation on reissue. In any case  
where reissue is authorized by these'regu- 
lations, the Treasury Department re­
serves the right to treat the receipt of a 
bond and appropriate request for reissue 
thereof by a Federal Reserve Bank or the  
Treasury Department as determining the  
date upon which the reissue as requested  
is effective.
(c) Denominational exchange. Ex­
change as between authorized denomina­
tions of savings bonds will not be  
permitted except in cases of partial re­
demption or authorized reissue.
(d) New bonds on reissue. In all cases 
of reissue the savings bonds will be of 
the same series, will bear the same issue  
date, and will have the same rights and  
privileges as the savings bonds surren­
dered.*
§  315.20 Further provisions—(a) Regu­
lations prescribed. The regulations in  
this part are prescribed by the Secretary 
of the Treasury as governing United  
States Savings Bonds issued under the  
authority of Section 22 of the Second Lib­
erty Bond Act, approved September 24,  
1917, as amended, and pursuant to the  
various Department Circulars offering 
such bonds for sale. The provisions of 
Treasury Department Circular No. 300,  
as amended, have no application to such  
savings bonds except as hereinbefore spe­
cifically provided.
(b) Preservation of rights. Nothing in  
the regulations in this part contained  
shall be construed to limit or restrict any 
existing rights which holders of savings 
bonds heretofore issued may have ac­
quired under the circulars offering such 
bonds for sale, or under the regulations in 
force at the time of purchase.
(c) Additional proof; bond of indem­
nity. The Secretary of the Treasury, in  
any case arising under the regulations in 
this part, may require such additional  
proof as he may consider necessary or  
advisable in the premises; and may re­
quire a bond of indemnity with satisfac­
tory sureties, or an agreement of indem­
nity, in any case where he may consider  
such a bond or agreement necessary for  
the protection of the interests of the  
United States.
(d) Correspondence and forms. Corre­
spondence in regard to any transactions  
in United States Savings Bonds under the 
provisions of the regulations in this part 
should be addressed to the Treasury De­
partment, Division of Loans and Cur­
rency, Washington, D. C. All evidence.
required in support of such transactions 
should be filed with that division. Ap­
propriate forms for use in connection  
with such transactions may be secured  
from that division or from any Federal 
Reserve Bank.
(e) Supplements, amendments, or re­
visions. The Secretary of the Treasury  
may at any time, or from time to time,  
prescribe  additional, supplemental, 
amendatory or revised rules and regula­
tions governing United States Savings  
Bonds.*
[seal] H enry Morgenthatt, Jr., 
Secretary of.the Treasury.
[F. R. Doc. 41-3148; Filed. April 29, 1941;
11:45 a. m.]
TITLE 33-NAVIGATION AND  
NAVIGABLE WATERS
CHAPTER I—COAST GUARD, DE­
PARTMENT OF THE TREASURY
Part 7—"Wm* A nchorage and Movements 
of Vessels and the Lading and Dis­
charging of Explosives or Inflamma­
ble Material or Other D angerous 
C argo
Pursuant to the authority contained in 
section 1, Title n  of the Act of June 15, 
1917,40 Stat. 220 (U.S.C. title 50, sec. 191), 
and a Proclamation issued June 27, 1940 
(5 F.R. 2419), the Rules and Regulations  
Governing the Anchorage and Move­
ments of Vessels and the Lading and Dis­
charging of Explosive or Inflammable 
Material or Other Dangerous Cargo, ap­
proved October 29, 1940 (5 F.R. 4401),  
are hereby amended as follows:
Section 7.10 (c), is amended by adding  
the following subparagraph (6):
§  7.10 Anchorage regulations for cer­
tain ports of the United States.1 
*  *  *  *  *
(6) The following regulation, approved  
by the Secretary of War on March 22,  
1941, establishing a temporary restricted 
navigation area at the U. S. Fleet Oper­
ating Base in Los Angeles and Long  
Beach Harbor, California, is hereby af­
firmed and adopted:
THE A R EA
(a) Beginning at the seaward end of  
the jetty in extension of the westerly city 
boundary of Long Beach; thence to a  
point which bears 268° 51' true from Long 
Beach breakwater light, and distant  
therefrom 3,097 yards; thence to a point 
which bears 257° 15' true from said light, 
and distant therefrom 2,088 yards; thence 
to a point which bears 267°08' true from 
said light, and distant therefrom 840  
yards; thence to the seaward end of the  
West Mole, westerly of the entrance  
channel to Long Beach Inner Harbor.
THE REGULATIONS
(b) (1) No vessel shall enter or remain 
in the above area except those engaged in  
construction operations at the U. S. Fleet 
Operating Base.
15 F.R. 4403, 6 F R . 1479.

FEDERAL REGISTER, Wednesday, April 30, 1941 2201
(2) These regulations shall remain in  
effect until the completion of marine 
operations in connection with said con­
struction, on or about January 1, 1942. 
[seal! H. Morgenthau, Jr.,
Secretary of the Treasury.
Approved:
F ranklin D Roosevelt 
The White House, April 22, 1941.
[F. R. Doc. 41-3124; Filed, April 28, 1941;  
3:40 p. m.]
CHAPTER II—CORPS OF ENGINEERS,  
WAR DEPARTMENT
Part 203— Bridge Regulations1
§  203.335 Aquia Creek, Va.; bridge of 
Richmond, Fredericksburg and Potomac 
Railroad, (a) The draw shall be opened  
promptly upon signal for the passage of 
vessels, at any time between 7:00 a. m. 
and 5; 00 p. m., except as provided in  
paragraph (b ), and provided that at  
least 36 hours advance notice of the time 
the opening is required shall have been  
given to the authorized representative  
of the owner of, or agency controlling, 
the bridge.
*  *  *  *  *
(d) The owner of, or agency control­
ling the bridge shall keep conspicuously 
posted on both the upstream and down­
stream sides of the bridge in a manner  
that it can easily be read at any time  
a copy of these regulations together with 
a notice stating exactly how the repre­
sentative specified in paragraph (a) may 
be reached.
(e) These regulations shall supersede  
all previous regulations for the opera­
tion of this drawbridge. (Sec. 5, River 
and Harbor Act, Aug. 18, 1894 (28 Stat. 
362; 33 U.S.C. 499) [Regs. Apr. 15, 1941  
(E. D. 6371 (Richmond, Fredericksburg-  
Potomac R. R.—Aquia Creek)—3/5)]
[seal] E. S. A dams,
Major General,
The Adjutant General.
[F. R. Doc. 41-3127; Filed, April 29, 1941;  
9:44 a. m.]
Part 204—Danger Zone Regulations2
§  204.92 Waters of Gulf of Mexico, 
San Bernard River to Aransas Pass; 
United States Air Corps bombing area 
and gunnery range.
THE DANGER ZONES
(a) (1) The gunnery and bombing  
range hereinafter referred to as the “re­
stricted area” includes the waters in the 
Gulf of Mexico adjacent to the Texas  
Coast described as the Northeast and  
Southwest Areas. (See U.S.C. and G.S.  
Chart No. 1117.) All azimuths are re­
ferred to a true meridian.
(2) Northeast area. An area in the  
Gulf of Mexico beginning at a point on
„  1 5 203.335 (a) and (d) are am ended and  
§  203.335 (e) is added.
2  §  204.92 is added.
the shore line at the San Bernard River;  
thence 147° to a point in latitude 28° 43' 
N., longitude 95°20' W.; thence 238°30'  
to a point in latitude 28° 26' N., longitude 
95°51' W.; thence 151°30' to a point in  
latitude 28°16' N., longitude 95°45' W.; 
thence 236° to a point in latitude 28°02' 
N., longitude 96°08' W.; thence 325°30'  
to a point in latitude 28°16' N., longitude 
96° 18'45" W.; thence 56° to a point  
in latitude 28°18' N„ longitude 96°15' W.; 
thence 325°30' to a point on the shore 
line of Matagorda Peninsula two miles  
northeastward of Decros Point, excluding 
an area at the mouth of the Colorado  
River flood discharge channel extending  
along the shore one-half mile southwest- 
ward and one mile northeastward from  
the mouth of the river and two miles  
Gulfward. The restricted area also in­
cludes an area in Matagorda Bay extend­
ing one mile Bayward from the shore line 
of Matagorda Peninsula from Pass Ca-  
vallo to one-half mile southwestward of 
the mouth of the Colorado River.
(3) Southwest area. An area in the  
Gulf of Mexico beginning at a point on 
the shore line of Matagorda Island one  
mile south of Matagorda Lighthouse;  
thence 146° to a point in latitude 28°  
00'15" N., longitude 96°10'30" W.; thence 
236° to a point in latitude 27°50'30" N., 
longitude 96°27' W.; thence 322°30' to  
a point in latitude 27°59'30" N., longitude 
96°34'45" W.; thence 232°30' to a point  
in latitude 27°48' N., longitude 96°52' 
W.; thence 307° 30' to a point on the  
shore line on St. Joseph Island 4 miles  
northeastward of Aransas Pass, Texas.  
It also includes an area in San Antonio  
Bay and Espiritu Santo Bay extending  
one mile bayward from the shore line of 
Matagorda Island from Pass Cavallo to 
five miles southwestward of Panther  
Point.
(4) The boundaries of the restricted  
areas will be marked by the United States 
Coast Guard to assist in defining the  
limits of and the pass between the re­
stricted areas.
(5) The Air Corps will broadcast over  
the radio at periodic intervals during the 
day to inform fishermen the status of the 
gunnery and bombing activities in the  
area. This information will be given to 
the Coast Guard Station, Saluria at Pass 
Cavallo, Texas, who will relay this infor­
mation to Coast Guard stations at Free­
port, Galveston, Sabine and Aransas Pass, 
Texas. The Coast Guard Station at  
Galveston, Texas, will furnish this infor­
mation to the United States Hydro-  
graphic Office, who will broadcast it for 
the benefit of offshore navigation at 11:00 
a. m., 7:00 p. m. and 10:30 p. m. Visual 
signals will also be displayed at these  
Coast Guard Stations to indicate gun­
nery and bombing activities.
THE REGULATIONS
(b)(1) All boats departing from Pass 
Cavalio shall check out through the Coast 
Guard Station so the airplane pilots can 
be informed to watch for such boats.
(2) Coastal tugs having tows with  
drafts that will not permit passage
through the Intracoastal Waterway and  
due to weather conditions are compelled  
to pass through the restricted areas shall 
request permission to pass through the  
area from the United States Army Air  
Corps, stating the day, direction and time 
the tow will enter the restricted area so  
gunnery and bombing practice can be  
modified while the tow is passing.
(3) On days and nights when bombing  
or gunnery is in progress no boat or  
vessel shall, except as provided in the  
above paragraph, enter or remain in any  
portion of the restricted area.
(4) These regulations shall be enforced 
by the United States Coast Guard. (Sec­
tion 7, River and Harbor Act, Aug. 8,1917, 
40 Stat. 266; 33 U.S.C. 1) [Regs. Mar. 26,  
1941 (EJD. 7195 (Pass Cavallo—Port  
Lavaca Channel)—8/6)]
[seal] e. S. Adams,
Major General,
The Adjutant General.
[F. R. Doc. 41-3115; Filed, April 28, 1941;
2:34 p. m.]
Notices
NAVY DEPARTMENT.
[NOy-4750]
Summary of Contract for Training 
F acilities
contractors : goode construction corpo­
ration, BLYTHE BROTHERS COMPANY, 
AND HARRISON-WRIGHT COMPANY, ACTING 
JOINTLY, WITH A CENTRAL OFFICE AT 
CHARLOTTE, NORTH CAROLINA
A pril 21, 1941.
On April 21, 1941, the Navy Depart­
ment entered into a contract (NOy-  
4750) with Goode Construction Corpora­
tion, Blythe Brothers Company, and  
Harrison-Wright Company, of Charlotte, 
North Carolina, for the construction of 
Marine Corps Training Facilities at the  
Marine Barracks, New River, North Car­
olina, at an estimated cost of $13,000,000, 
including a fixed fee of $400,000 payable 
to the Contractors.
The contract, among other things, fur­
ther provides that the Navy Depart­
ment may at any time make changes in  
approved drawings and/or specifications 
and, if such changes or additions to or 
omissions from the original project cause 
a material increase or decrease in the  
amount or character of the work to be  
done under the contract, or in the time  
required for its performance, an equitable 
adjustment in the amount of the fixed  
fee to be paid to the Contractors shall  
be made and the contract shall be modi­
fied accordingly. The contract also  
contains provisions for the termination of 
the contract by the Government and for 
an equitable settlement with the Con­
tractors under the contract in the case  
of such termination.
B. Moreell, 
Chief of Bureau.
[F. R. Doc. 41-3125; Filed, April 29, 1941;  
9:44 a. m.]

FEDERAL REGISTER, Wednesday, April 30, 19412202
DEPARTMENT OF THE INTERIOR.
Bituminous Coal Division.
Statement of the D irector Regarding 
Proposal to Promulgate More D efi­
nite Minimum Prices for Coals Sold 
Off Docks at Great Lakes Ports on 
West B ank of Lake Michigan and 
United States Side of Lake Superior
In order to effectuate further the  
mandate of Congress that distributors 
shall be required to maintain and ob­
serve the effective minimum prices and  
marketing rules and regulations, the  
Division is considering the institution of 
a proceeding for the purpose of estab­
lishing more definite minimum prices  
applicable to coals sold off docks located 
on the west bank of Lake Michigan,  
north of the Illinois-Wisconsin State 
line, and on the United States side of  
Lake Superior. The promulgation of  
appropriate minimum price schedules is  
contemplated in order to accomplish the  
desired objective.
All interested persons are invited to  
submit such suggestions and proposals  
as they may deem appropriate concern­
ing the contents of such schedules, and  
may be assured that those submitted will 
receive careful consideration. It is  
urged that such suggestions and pro­
posals be submitted on or before May  
10, 1941.
Prior to the initiation of any formal 
proceeding looking toward the establish­
ment of minimum prices f.o.b. distrib­
utors’  docks at these Great Lakes ports, 
due and adequate public notice thereof  
will be given, so that any and all inter­
ested parties may be afforded full oppor­
tunity to appear and be heard.
Dated: April 26, 1941.
[seal] H. A. Gray,
Director.
[F. R. Doc. 41-3133; Filed, April 29, 1941;
11:31 a. m.]
[Docket No. A-790]
Petition of A lgoma Block Coal C om­
pany, Mine Index No. 7, a Producer in 
D istrict No. 8 for Preliminary, or 
Temporary, and Permanent Order 
C hanging the Classification of Coal 
in Size Group No. 7 for Great Lake 
C argo Only F rom “E” to “G” Pur­
suant to Section 4 n  (d ) of the Bitu­
minous Coal Act of 1937
O RDER OF DISMISSAL
The original petitioner in the above- 
entitled matter having requested that the 
petition be withdrawn, and there being  
no opposition to such request,
It is ordered, That the original petition 
in Docket No. A-790 be dismissed without 
prejudice.
Dated: April 26, 1941.
[seal] H. A. Gray,
Director.
[F. R. Doc. 41-3132; Filed, April 29, 1941;  
11:31 a. m.j
[Docket No. 1643— FD]
In the Matter of K. B. C ornia (Deer 
C reek Coal Mining Company) , Regis­
tered D istributor, Registration No. 
2209, D efendant
NOTICE OF AND O RDER FOR HEARING
1. The Bituminous Coal Division finds 
it necessary, in the proper administra­
tion of the Bituminous Coal Act of 1937 
(the “Act”), to determine—
(a) Whether or not K. B. Cornia (Deer  
Creek Coal Mining Company), Regis-  
tered Distributor, Registration No. 2209, 
whose address is 721 McIntyre Building, 
Salt Lake City, Utah, located in District  
No. 20, has violated section 4 II (e) of 
the Act, the effective minimum prices,  
Rule 1 of section III of the Marketing 
Rules and Regulations, and paragraphs
(b) (d) and (f) of the agreement exe­
cuted by the defendant as registered dis­
tributor, pursuant to Order of the Na­
tional Bituminous Coal Commission  
dated March 24, 1939, in Docket No. 12,  
which has been adopted as an Order of  
the Bituminous Coal Division (herein­
after referred to as the “Distributor’ s 
Agreement”) ;  and
(b) Whether or not the registration  
of said distributor should be revoked or 
suspended or other appropriate penal­
ties should be imposed;
and for said purposes gives notice that 
information in the possession of the  
Division is to the effect that:
2. On or about October 4, 1940, de­
fendant pursuant to an offer theretofore 
made by him entered into a contract  
with the War Department of the United  
States known as Contract No. 928 QM-  
CIV-428 and on or about January 15,  
1941, defendant pursuant to an offer  
theretofore made by him entered into  
another contract with the War De­
partment of the United States known  
as No. W-928 QM-CIV-464 O. I.  
No. M-5544 in which contracts de­
fendant agreed to sell to said War  
Department large quantities of lump  
coal over 2" screen produced at the  
Deer Creek Mine, Mine Index No.  
132, of B. A. Howard (Deer Creek Coal  
Company) code member, District No. 20,  
for delivery at various CCC Camps lo­
cated in the States of Nevada, Utah, and 
Idaho at prices of $2.65 per ton f. o. b. 
the mine for truck delivery and $3.45 per 
ton f. o. b. the mine for rail delivery, 
whereas the applicable effective mini­
mum prices for said coal are the prices  
for Size Group 3, namely, $2.85 per ton 
f. o. b. the mine for truck delivery and 
$3.65 per ton f. o. b. the mine for rail 
delivery; all in violation of section  
4 II (e) of the Act, the effective minimum 
prices and paragraph (b) of the Dis­
tributor’ s Agreement.
3. Subsequent to September 30, 1940,  
defendant accepted distributor’ s dis­
counts from the effective minimum prices 
on large quantities of coal purchased by 
defendant from B. A. Howard (Deer  
Creek Coal Company) code member,
District No. 20, physically handled by  
defendant and resold by the defendant to 
the War Department of the United  
States Government as set forth in para­
graph 2 hereof, in violation of Rule 1, 
section IH of the Marketing Rules and  
Regulations, and section (d) of the Dis­
tributor’ s Agreement.
4. Subsequent to September 30, 1940,  
defendant accepted distributor's dis­
counts from the effective minimum prices 
on less than carload lots of coal not  
moving in a continuous flow, purchased 
by defendant from various code members 
and resold by defendant to the following 
purchasers on the dates and in the  
amounts indicated:
Date of sale by defendant
Name of purchaser from 
defendant
Amount 
sold in 
pounds
October 1,1940
___City Coal Company...;25,800L. W. Moffitt.................20,400
17,000 January 8,1941___Lue’s Cash Coal Com­
pany.
January 15,1941__Lue’s Cash Coal Com­
pany. 16,800
January 15,1941__K. Coons___________21,000
January 20,1941—Ted Stanley_________ 26,600
January 28,1941—Ted Stanley_________26,800
February 13,1941..Chris Dokos_________21,600
February 14,1941.-Ted Stanley...................26,000
in violation of Rule 1 of section m  of 
the Marketing Rules and Regulations,  
and section (d) of the Distributor’ s  
Agreement.
5. Defendant, subsequent to Septem­
ber 30, 1940, has failed to furnish or  
cause to be furnished to the Bituminous 
Coal Division, copies of any resale con­
tracts or orders entered into by defend­
ant with his customers and has also failed 
to furnish or cause to be furnished to the 
Division, copies of any invoices to the  
defendant’ s vendees, in violation of sec­
tion (f) of the Distributor’ s Agreement.
It is therefore ordered, That a hearing  
pursuant to §  304.14 of the Rules and  
Regulations for the Registration of Dis­
tributors, to determine whether the regis­
tration of said distributor should be 
revoked or suspended, or other appro­
priate penalties be imposed, be held on  
June 6,1941, at 2 p. m., at a hearing room 
of the Bituminous Coal Division at Room 
220, Post Office and Court House Build­
ing, Salt Lake City, Utah.
It is further ordered, That W. A. Ship- 
man or any other officer or officers of 
the Bituminous Coal Division designated 
by the Director thereof for that purpose 
shall preside at the hearing in such mat­
ter. The officer so designated to preside 
at such hearing is hereby authorized to  
conduct said hearing, to administer  
oaths and affirmations, examine wit­
nesses, subpoena witnesses, compel their 
attendance, take evidence, require the  
production of any books, papers, corre­
spondence, memoranda or other records  
deemed relevant or material to the in­
quiry, to contine said hearing from time 
to time, and to such places as he may  
direct by announcement at said hearing  
or any adjourned hearing or by subse­
quent notice, and to prepare and submit

FEDERAL REGISTER, Wednesday, April
to the Director proposed findings of fact 
and conclusions and the recommenda­
tion of an appropriate order in the prem­
ises, and to perform all other duties in 
connection therewith authorized by law.
Notice of such hearing is hereby given 
to said defendant, and to all other parties 
herein and to all persons and entities  
having an interest in such proceeding.
Notice is hereby given that answer to  
the charges alleged herein must be filed 
with the Bituminous Coal Division at its 
Washington Office or with any one of the 
statistical bureaus of the Division, within 
ten (10) days after date of service thereof 
on the defendant; and that any defend­
ant failing to file an answer within such 
period, unless the Director or the pre­
siding officer shall otherwise order, shall 
be deemed to have admitted the alleged  
charges and to have consented to the  
entry of an appropriate order on the  
basis of the facts alleged.
All persons are hereby notified that  
the hearing in the above-entitled mat­
ter and orders entered therein may con­
cern, in addition to the matters  
specifically alleged herein, other matters 
incidental and related thereto, whether  
raised by amendment, petition for inter­
vention, or otherwise, and all persons are 
cautioned to be guided accordingly.
Dated: April 28, 1941.
[seal] H. A. Gray,
Director.
[P. R. Doc. 41-3131; Piled, April 29, 1941;
11:30 a. m.]
[Docket No. A-784]
Petition of Bituminous Coal Producers 
B oard for District No. 18 for Modifi­
cation of the Effective Minimum 
Prices Established for Coals Produced 
in Subdistrict No. 2 When Shipped by 
Rail
NOTICE OF AND O RDER FOR HEARING
A petition, pursuant to the Bituminous 
Coal Act of 1937, having been duly filed 
with this Division by the above-named  
party;
It is ordered, That a hearing in the  
above-entitled matter under the appli­
cable provisions of said Act and the rules 
of the Division be held on May 13, 1941,  
at 10 o’ clock in the forenoon of that day, 
at a hearing room of the Bituminous Coal 
Division, 734 Fifteenth Street NW.,  
Washington, D. C. On such day the Chief  
of the Records Section in room 502 will  
advise as to the room where such hearing  
will be held.
It is further ordered, That Edward J.  
Hayes or any other officer or officers of 
the Division duly designated for that pur­
pose shall preside at the hearing in such 
matter. The officers so designated to  
preside at such hearing are hereby au­
thorized to conduct said hearing, to ad­
minister oaths and affirmations, examine 
witnesses, subpoena witnesses, compel  
their attendance, take evidence, require  
No. 85—  3
the production of any books, papers, cor­
respondence, memoranda, or other rec­
ords deemed relevant or material to the  
inquiry, to continue said hearing from 
time to time, and to prepare and submit  
to the Director proposed findings of fact 
and conclusions and the recommendation  
of an appropriate order in the premises, 
and to perform all other duties in con­
nection therewith authorized by law.
Notice of such hearing is hereby given 
to all parties herein and to persons or  
entities having an interest in these pro­
ceedings and eligible to become a party  
herein. Any person desiring to be ad­
mitted as a party to this proceeding may  
file a petition of intervention in accord­
ance with the rules and regulations of  
the Bituminous Coal Division for pro­
ceedings instituted pursuant to section  
4 II (d) of the Act, setting forth the  
facts on the basis of which the relief 
in the original petition is supported or 
opposed or on the basis of which other  
relief is sought. Such petitions of inter­
vention shall be filed with the Bituminous 
Coal Division on or before May 8,1941.
All persons are hereby notified that the 
hearing in the above-entitled matter and 
any orders entered therein, may concern,  
in addition to the matters specifically 
alleged in the petition, other matters  
necessarily incidental and related thereto, 
which may be raised by amendment to  
the petition, petitions of interveners or 
otherwise, or which may be necessary  
corollaries to the relief, if any, granted 
on the basis of this petition.
The matter concerned herewith is in  
regard to the modification of effective 
minimum prices heretofore established  
for coals shipped by rail from Subdistrict 
No. 2 of District No. 18 to destinations 
in Market Areas 227 and 228, by reduc­
ing such prices to the extent necessary  
to offset increased freight rates to ship­
ping points within such market areas.
Dated: April 28, 1941.
[seal] H. A. Gray,
Director.
[F. R. Doc. 41-3129; Filed, April 29, 1941;
11:30 a. m.]
[Docket No. A-807]
Petition of Bituminous Coal Producers 
B oard for District No. 10 Requesting 
Preliminary and Permanent Order for 
Change of District No. 11 Prices for 
Shipment Into Market Areas Nos. 49 
and 67
NOTICE OF AND ORDER FOR HEARING
A petition, pursuant to the Bituminous 
Coal Act of 1937, having been duly filed 
with this Division by the above-named  
party;
It is ordered, That a hearing in the  
above-entitled matter under the appli­
cable provisions of said Act and the rules 
of the Division be held on May 20, 1941,  
at ten o’ clock in the forenoon of that day, 
at a hearing room of the Bituminous
30, 1941 2203
Coal Division, 734 Fifteenth Street NW., 
Washington, D. C. On sueh day the  
Chief of the Records Section in room  
502 will advise as to the room where such  
hearing will be held.
It is further ordered, That Edw. J.  
Hayes, or any other officer or officers of 
the Division duly designated for that pur­
pose shall preside at the hearing in such  
matter. The officers so designated to  
preside at such hearing are hereby au­
thorized to conduct said hearing, to ad­
minister oaths and affirmations, examine 
witnesses, subpoena witnesses, compel  
their attendance, take evidence, require  
the production of any books, papers, cor­
respondence, memoranda, or other rec­
ords deemed relevant or material to the  
inquiry, to continue said hearing from  
time to time, and to prepare and submit  
to the Director proposed findings of fact 
and conclusions and the recommenda­
tion of an appropriate order in the prem­
ises, and to perform all other duties in 
connection therewith authorized by law.
Notice of such hearing is hereby given 
to all parties herein and to persons or  
entities having an interest in these pro­
ceedings and eligible to become a party  
herein. Any person desiring to be ad­
mitted as a party to this proceeding may  
file a petition of intervention in accord­
ance with the rules and regulations of  
the Bituminous Coal Division for pro­
ceedings instituted pursuant to section
4 II (d) of the Act, setting forth the  
facts on the basis of which the relief in 
the original petition is supported or op­
posed or on the basis of which other re­
lief is sought. Such petitions of inter­
vention shall be filed with the Bituminous 
Coal Division on or before May 15, 1941.
All persons are hereby notified that 
the hearing in the above-entitled matter 
and any orders entered therein, may  
concern, in addition to the matters  
specifically alleged in the petition, other 
matters necessarily incidental and re­
lated thereto, which may be raised by  
amendment to the petition, petitions of 
interveners or otherwise, or which may  
be necessary corollaries to the relief, if 
any, granted on the basis of this petition.
The matter concerned herewith is in  
regard to the petition of Bituminous Coal 
Producers Board for District No. 10 pray­
ing for temporary and permanent relief 
by changing the Schedule of Effective  
Minimum Prices for District No. 11 for 
All Shipments Except Truck into (a)  
Market Area 49 from Price Table No. 6  
to Price Table No. 5, subject to Price In­
structions and Exceptions and to certain 
adjustments in f. o. b. mine prices and 
(b) Market Area 67 from Price Table No.
5 to Price Table No. 6, subject to Price  
Instructions and Exceptions and to an  
adjustment in f. o. b. mine prices.
Dated: April 28, 1941.
[seal] H. A. G ray,
Director.
[F. R. Doc. 41-3128; Filed, April 29, 1941;
11:30 a. m.j

2204 FEDERAL REGISTER, Wednesday, April 30, 1941
[Docket No. A-836]
Petition op District Board No. 15 for 
Permission to the Code Members in 
District No. 15 to Allow From the 
Effective Minimum Prices for Their 
Coals in Size Groups Nos 1 to 7, In­
clusive, Certain Seasonal Discounts 
Upon Shipments During the Months 
of May, June, July and August
NOTICE OF AND O RDER FOR HEARING
A petition, pursuant to the Bituminous 
Coal Act of 1937, having been duly filed 
with this Division by the above-named  
party;
It is ordered, That a hearing in-the  
above-entitled matter under the appli­
cable provisions of said Act and the rules 
of the Division be held on May 12, 1941, 
at 10 o’ clock in the forenoon of that day, 
at a hearing room of the Bituminous Coal 
Division, 734 Fifteenth Street NW.,  
Washington, D. C. On such day the  
Chief of the Records Section in room 502 
will advise as to the room where such  
hearing will be held.
It is further ordered, That W. A. Cuff 
or any other officer or officers of the Di­
vision duly designated for that purpose 
shall preside at the hearing in such mat­
ter. The officers so designated to preside 
at such hearing are hereby authorized  
to conduct said hearing, to administer  
oaths and affirmations, examine wit­
nesses, subpoena witnesses, compel their 
attendance, take evidence, require the  
production of any books, papers, corre­
spondence, memoranda, or other records  
deemed relevant or material to the in­
quiry, to continue said hearing from time 
to time, and to prepare and submit to  
the Director proposed findings of fact 
and conclusions and the recommenda­
tion of an appropriate order in the prem­
ises, and to perform all other duties in 
connection therewith authorized by law.
Notice of such hearing is hereby given 
to all parties herein and to persons or  
entities having an interest in these pro­
ceedings and eligible to become a party  
herein. Any person desiring to be ad­
mitted as a party to this proceeding may  
file a petition of intervention in accord­
ance with the rules and regulations of the 
Bituminous Coal Division for proceedings 
instituted pursuant to section 4 II (d) of 
the Act, setting forth the facts on the 
basis of which the relief in the original 
petition is supported or opposed or on  
the basis of which other relief is sought. 
Such petitions of intervention shall be 
filed with the Bituminous Coal Division 
on or before May 7,1941.
All persons are hereby notified that the 
hearing in the above-entitled matter and 
any orders entered therein, may concern,  
in addition to the matters specifically 
alleged in the petition, other matters  
necessarily incidental and related thereto, 
which may be raised by amendment to  
the petition, petitions of interveners or 
otherwise, or which may be necessary  
corollaries to the relief, if any, granted 
on the basis of this petition.
The matter concerned herewith is in  
regard to the petition of District Board 
No. 15 for permission to the code mem­
bers in District No. 15 to allow from the 
effective minimum prices for their coals 
in Size Groups Nos. 1  to 7, inclusive, cer­
tain seasonal discounts upon shipments  
during the months of May, June, July  
and August.
Dated: April 28, 1941.
[seal] H. A. Gray,
Director.
[P. R. Doc. 41-3130; Filed, April 29, 1941;
11:30 a. m.j .
DEPARTMENT OF AGRICULTURE.
Office of the Secretary.
Order Delegating Certain Authority to
the Under Secretary and A ssistant
Secretary of Agriculture
1. Pursuant to the authority vested in 
the Secretary of Agriculture by the Acts 
of Congress approved February 9, 1889  
(25 Stat. 659; 5 Ü.S.C., sec. 517), June 
30,1906 (34 Stat. 670; 5 U.S.C., sec. 51 7 ), 
and June 5, 1939 (53 Stat. 809; 5 U.S.C., 
sec. 514b), and subject to the provisions 
of paragraphs 2, 3, 4, and 5 of this order, 
I, Claude R. Wickard, Secretary of Agri­
culture, hereby delegate to the Under  
Secretary of Agriculture and to the As­
sistant Secretary of Agriculture, sev­
erally, the authority to perform all the 
duties and to exercise all the powers and  
functions which are now, or which may  
hereafter be, vested in the Secretary of 
Agriculture:
2. This order shall not be construed  
to confer upon the Under Secretary or  
the Assistant Secretary authority:
(a) to promulgate new rules and regu­
lations, or to change existing rules and 
regulations, which are designed to have 
the force of law, to be binding upon the 
public, and to be recognized and enforced 
by the courts: Provided however, That, 
while only the Secretary of Agriculture  
shall tentatively approve or execute any 
marketing agreement or issue any mar­
keting order entered into or promulgated 
pursuant to, and after the hearing re­
quired by, either Public Act No. 10, 73d 
Congress, as amended and as reenacted  
and amended by the Agricultural Mar­
keting Agreement Act of 1937, as  
amended (7 U.S.C., sec. 601 et seq.), or 
sections 56-60, inclusive, of the Act ap­
proved August 24, 1935 (49 Stat. 481;  
7 U.S.C., secs. 851-855, inclusive), or 
amend or terminate any such marketing  
agreement or order, the Under Secre­
tary of Agriculture and the Assistant  
Secretary of Agriculture, severally, shall 
have authority to make such determina­
tions and to issue such regulations or  
orders as may be deemed necessary or  
proper in the administration of any such 
marketing agreement or marketing or­
der; or
(b) to perform the duties of the Secre­
tary of Agriculture as a member of any
board, committee, or commission upon  
which the Secretary has been directed  
by law to serve.
3. In the performance of the duties  
and in the exercise of the" powers and  
functions referred to in paragraph 1  
above, the Under Secretary of Agriculture 
and the Assistant Secretary of Agricul­
ture shall be governed by the precedents  
which have been established by the Sec­
retary of Agriculture in the determina­
tion of similar matters, together with 
such modifications as the Secretary may 
hereafter find proper to indicate. The 
determination of any matter which re­
quires the application of new principles 
or a departure from principles heretofore 
announced by the Secretary of Agricul­
ture shall be brought to the attention of 
the Secretary for approval.
4. (a) This order shall supersede the  
orders signed March 10, 1941 (F.R. Docs.  
41-1810 to 41-1822, inclusive; 6 F.R. 1420- 
1425), delegating certain authority to  
the Under Secretary of Agriculture and  
to the Assistant Secretary of Agriculture.
(b) Except as provided in subpara­
graph (a) of this paragraph, the provi­
sions of this order are not intended to  
supersede or modify any delegations of 
authority heretofore made by the Secre­
tary of Agriculture.
5. The provisions of this order shall 
not preclude the Secretary of Agriculture 
from exercising any of the powers and  
functions or from performing any of the 
duties herein conferred upon the Under  
Secretary of Agriculture and the Assist­
ant Secretary of Agriculture.
Done at Washington, D. C., this 25th  
day of April 1941. Witness my hand and  
the seal of the Department of Agricul­
ture.
[seal] C laude R. Wickard,
Secretary of Agriculture.
[F. R. Doc. 41-3116; Filed, April 28, 1941;
2:59 p. m.]
Rural Electrification Administration.
[Adm inistrative Order No. 676]  
A llocation of Funds for Loans 
A pril 21, 1941.
By virtue of the authority vested in me 
by the provisions of section 5 of the Rural 
Electrification Act of 1936, as amended, I 
hereby allocate, from the sums authorized 
by said Act, funds for loans for the proj­
ects and in the amounts as set forth in  
the following schedule:
Project designation: Amount
Alabama 1022W2 Butler
.........................$2,000
Arkansas 1029W1 Clark _____________ 15,000
K ansas 1018W2 Sedgwick __________  5,000
Nebraska 1044W4 Eastern Nebraska,
D istrict Public _ __________________  6,000
North Carolina 1023W8 C a ld w e ll--- 60,000  
T ennessee 1045W1 LaFollette P u b lic. 5,000
[seal] H arry Slattery,
Administrator.
[F. R. Doc. 41-3117; Filed, April 28, 1941;  
2:59 p. m.]

2205FEDERAL REGISTER, Wednesday, April SO, 1941
[A dm inistrative Order No. 577]  
A llocation op Funds for Loans 
A pril 22, 1941.
By virtue of the authority vested in  
me by the provisions of section 4 of the 
Rural Electrification Act of 1936, as  
amended, I hereby allocate, from the  
sums authorized by said Act, funds for 
loans for the projects and in the amounts 
as set forth in the following schedule:
Propect designation: Amount
Virginia 1041A1 Prince W illiam _ $249,350
Virginia 1041G1 Prince W illiam - 75,650
[seal] H arry Slattery,
Administrator.
[F. R. Doc. 41-3118; Filed, April 28, 1941;  
2:59 p. m.]
DEPARTMENT OF COMMERCE.
Civil Aeronautics Authority.
[Docket Nos. 373, 497]
In the Matter of the Applications of 
Pan American A irways, Inc., Ameri­
can Export Airlines, Inc., for Certifi­
cates of Public C onvenience and 
Necessity Under Section 401 of the 
Civil A eronautics A ct of 1938, as 
A mended
NOTICE OF POSTPONEMENT OF HEARING 1
The above-entitled proceeding, being  
the applications of Pan American Air­
ways, Inc., and American Export Air­
lines, Inc., for certificates of public con­
venience and necessity authorizing air  
transportation between New Orleans, La., 
and points in Central America, now  
assigned for public hearing on April 30, 
1941, is hereby postponed to May 2,1941,  
at the Mayflower Hotel, Washington,  
D. C., 10:00 a. m. (Eastern Standard  
Time), before Examiner Thomas L.  
Wrenn.
Dated Washington, D. C., April 26,  
1941.
[seal] T homas L. Wrenn,
Examiner.
[F. R. Doc. 41-3126; Filed, April 29, 1941;  
9:44 a. m .]
DEPARTMENT OF LABOR.
Division of Public Contracts.
In the Matter of an Extension of the 
D etermination of the Prevailing 
Minimum Wages for the Metal Furni­
ture Branch of the Furniture Manu­
facturing Industry
NOTICE OF OPPORTUNITY TO SHOW CAUSE
This Department has received evi­
dence to the effect that companies en­
gaged in the metal furniture branch of 
the Furniture Manufacturing Industry, 
in addition to the products named in the 
minimum wage determination for t.M a  
branch of the Furniture Manufacturing
Industry made by the Secretary of Labor 
under the Public Contracts Act (49 Stat.  
2036; 41 U.S.C. Sup. m  35) on May 3,  
1939 (4 F.R. 1915), also produce the  
following products:
Metal cabinets for printers’  type.
Metal cabinet partitions.
Metal tool boxes, tool cabinets, and  
tool chests.
Metal trunks, box type.
Metal rotating bins.
Metal sectional bins.
Metal work benches, desks and tables.
The Department has received further  
evidence to the effect that the same  
minimum wages are paid to employees  
who manufacture the above-named pro­
ducts as those paid to other employees  
in the metal furniture branch of the  
Furniture Manufacturing Industry.
In the light of these facts, all inter­
ested parties are hereby given until and  
including May 17, 1941, in which to file 
briefs with the Administrator, Division 
of Public Contracts, Department of  
Labor, showing cause (1) why the Secre­
tary’ s decision of May 3, 1939, In the  
Matter of the Determination of the Pre­
vailing Minimum Wages in the Furniture 
Manufacturing Industry (4 F.R. 1915)  
should not be extended to include the  
manufacture or supply of the above des­
ignated products of the metal furniture 
branch of the industry; and (2) why the 
minimum wage for employees engaged in  
the performance of contracts with agen­
cies of the United States subject to the  
provisions of the Public Contracts Act  
(49 Stat. 2036; 41 U.S.C. Sup. IH 35) for 
the manufacture or supply of these prod­
ucts should not be determined to be 45  
cents per hour or $18.00 per week of forty 
hours, arrived at either upon a time or  
piece work basis.
Dated: April 26, 1941.
•[seal] L. Metcalfe Walling, 
Administrator.
[F. R. Doc. 41-3136; Filed, April 29, 1941;
11:33 a. m .]
Wage and Hour Division.
[A dm inistrative Order No. 100]
In the Matter of the Recommendations 
of Industry Committee No. 17 for 
Minimum Wage Rates in the Jewelry 
Manufacturing Industry, and A p­
pointment of Industry Committee No. 
26 for the Jewelry Manufacturing 
Industry
Whereas the Administrator of the  
Wage and Hour Division of the United  
States Department of Labor, acting pur­
suant to section 5 (b) of the Fair Labor 
Standards Act of 1938, on October 23, 
1940, by Administrative Order No. 66,1  
appointed Industry Committee No. 17 for 
the jewelry manufacturing industry,  
composed of an equal number of repre­
sentatives of the public, employers in the
industry, and employees in the indus­
try, such representatives having been ap­
pointed with due regard to the geograph­
ical regions in which the industry is  
carried on; and
Whereas on November 26, 1940, the  
Administrator amended the definition of 
the jewelry manufacturing industry by  
issuing Administrative Order No. 74; and
Whereas Industry Committee No. 17  
on December 17, 1940, recommended  
minimum wage rates for the jewelry  
manufacturing industry  and duly  
adopted a report containing said recom­
mendations and reasons therefor, and  
filed such report with the Administrator 
on December 18, 1940, pursuant to sec­
tion 8 (d) of the Act and §  511.19 of the 
Regulations issued under the Act; and
Whereas after due notice published in 
the F ederal Register, Henry T. Hunt,  
Esquire, the Presiding Officer designated 
by the Administrator, held a public hear­
ing upon the Committee’ s recommenda­
tions at Washington, D. C., on January  
21 to 24, inclusive, and February 3, 1941,  
at which all interested persons were  
given an opportunity to be heard; and
Whereas the complete record of the  
proceedings before the Presiding Officer 
was transmitted to the Administrator;  
and
Whereas all persons appearing at said  
public hearing before the Presiding Offi­
cer were given leave to file briefs before 
March 6, 1941, and to offer oral argu­
ment before the Administrator on March  
19,1941; and
Whereas the Administrator, upon re­
viewing all the evidence adduced in these  
proceedings and giving consideration to  
the provisions of the Act with special 
reference to sections 5 and 8, has con­
cluded that the Industry Committee’ s  
recommendations for the jewelry manu­
facturing industry as defined in Admin­
istrative Order No. 742  are not made in  
accordance with law; and
Whereas the Administrator has set  
forth his decision in an opinion entitled 
“Administrator’ s Findings and Opinion 
in the Matter of the Recommendations  
of Industry Committee No. 17 for Mini­
mum Wage Rates in the Jewelry Manu­
facturing Industry,” dated this day, a 
copy of which may be had upon request  
addressed to the Wage and Hour Divi­
sion, Washington, D. C.;
Now, therefore, it is hereby ordered, 
That
A. The recommendations of Industry  
Committee No. 17 for the jewelry manu­
facturing industry are hereby disap­
proved; and
B. Industry Committee No. 17 for the 
jewelry manufacturing industry is hereby 
dissolved; and
C. Industry Committee No. 26, com­
posed of the following representatives, 
is hereby appointed and convened for  
the jewelry manufacturing industry (as 
such industry is defined in paragraph 1 
below):
Issued by th e Civil A eronautics Board. 15 F A  4206. • 5 F it . 4691.

2206 FEDERAL REGISTER, Wednesday, April SO, 1941
For the public
Alexander H. Prey, Chairman, Phila­
delphia, Pennsylvania.
Teresa M. Crowley, New York, New  
York.
C. Emanuel Ekstrom, Providence,  
Rhode Island.
Robert R. R. Brooks, Williamstown,  
Massachusetts.
Dr. Harry Schulman, New Haven, 
Connecticut.
Mrs. Elizabeth B. Raushenbush, Madi­
son, Wisconsin.
For the employees
Leon Williams, Bronx, New York.  
Samuel E. Beardsley, New York, New  
York.
A. J. Gaul, Chicago, Illinois.
Erwin Spiegel, Teaneck, New Jersey.  
Morris Borodkin, New York, New York.  
John R. Maurillo, Providence, Rhode  
Island.
For the employers
Charles John Simeon, Providence,  
Rhode Island.
Sturgis C. Rice, Plainville, Massachu-
S C Rawson L. Wood, New York, New York.  
August Kappel, New York, New York.  
Leo P. Krussman, New York, New York.  
F. B. Stegeman, Dayton, Kentucky.
Such representatives have been ap­
pointed with due regard to the geograph­
ical regions in which such industry is  
carried on.
1. For the purpose of this order the  
term “jewelry manufacturing industry”  
means:
(a) The manufacturing, processing, or 
assembling, wholly or partially from any 
material, of jewelry, commonly or com­
mercially so known. Jewelry as used  
herein includes, without limitation, reli­
gious, school, college, and fraternal in­
signia; articles of ornament or adorn­
ment designed to be worn on apparel  
or carried on or about the person, in­
cluding, without limitation, cigar and  
cigarette cases, holders, and lighters;  
watch cases; metal mesh bags and metal 
watch bracelets; and chain, mesh, and  
parts for use in the manufacture of any 
of the articles included in this definition. 
Jewelry as used herein does not include 
pocket knives, cigar cutters, badges, em­
blems, military and naval insignia, belt 
buckles, and handbag and pocketbook  
frames and clasps, or commercial com­
pacts and vanity cases, except when  
made from or embellished with precious  
metals or precious, semiprecious, syn­
thetic, or imitation stones; and the as­
saying, refining, and smelting of base or 
precious metals.
The term “parts” as used in the fore­
going paragraph does not include parts 
which are used predominantly for prod­
ucts other than jewelry, such as springs, 
blades, and nail files. The term “com­
mercial compacts and vanity cases” as  
used means compacts and vanity cases  
which bear the trade name or mark of a
cosmetic manufacturer and are made for 
the purpose of distributing or advertising 
said cosmetics.
(b) The manufacturing, cutting, pol­
ishing, encrusting, engraving, and setting 
of precious, semiprecious, synthetic, and 
imitation stones.
(c) The manufacturing, drilling, and 
stringing of pearls, imitation pearls, and 
beads designed for use in the manufac­
ture of jewelry.
2. The definition of the jewelry manu­
facturing industry covers all occupations 
in the industry which are necessary to  
the production of the products covered  
in the definition, including clerical,  
maintenance, shipping, and selling occu­
pations: Provided, however, That this  
definition does not cover employees of a 
manufacturer, assembler, processor, or 
independent wholesaler who are engaged  
exclusively in marketing and distributing 
products of the industry which have been 
purchased for resale; and provided fur­
ther, That where an employee covered by  
this definition is employed during the  
same workweek at two or more different  
minimum rates of pay, he shall be paid  
the highest of such rates for such work­
week unless records concerning his em­
ployment are kept by his employer in  
accordance with applicable regulations  
of the Wage and Hour Division.
3. The Industry Committee herein  
created shall meet on May 19, 1941, in  
Washington, D. C., and, in accordance  
with the provisions of the Pair Labor  
Standards Act of 1938 and rules and  
regulations promulgated thereunder,  
shall proceed to investigate conditions  
in the industry and recommend to the  
Administrator minimum wage rates for  
all employees thereof who within the  
meaning of said Act are “engaged in com­
merce or in the production of goods for 
commerce” excepting employees ex­
empted by virtue of the provisions 'of 
section 13 (a) and employees coming  
under the provisions of section 14.
Signed at Washington, D. C„ this 24th  
day of April 1941.
Philip B. Fleming, 
Administrator.
[F. R. Doc. 41-3151; Filed, April 29, 1941;
11:56 a. m.]
Notice of H earing on Minimum Wage 
Recommendation of Industry Commit­
tee No. 25 for the Textile Industry
Whereas the Administrator of the  
Wage and Hour Division of the United 
States Department of Labor, acting pur­
suant to section 5 (b) of the Pair Labor 
Standards Act of 1938, on March 10,1941, 
and April 14, 1941, by Administrative  
Orders No. 921  and 99,2  respectively,  
appointed Industry Committee No.  
25 for the Textile Industry, composed  
of an equal number of representa­
tives of the public, employers in the  
industry and employees in the industry,
»6 F it . 1425.  
*6 F it . 1979.
such representatives having been ap­
pointed with due regard to the geograph­
ical regions in which the industry is car­
ried on; and
Whereas Industry Committee No. 25,  
on April 15, 1941, unanimously recom­
mended a minimum wage rate for the  
Textile Industry and duly adopted a re­
port containing such recommendation  
and reasons therefor, and filed such re­
port with the Administrator on April 16, 
1941, pursuant to section 8 (d) of the Act 
and §  511.19 of the Regulations issued  
under the Act; and  
Whereas the Administrator is required 
by section 8 (d) of the Act, after due  
notice to interested persons and giving  
them an opportunity to be heard, to ap­
prove and carry into effect by order the 
recommendation of Industry Committee  
No. 25 if he finds that such recommenda­
tion is made in accordance with law and  
is supported by the evidence adduced at  
the hearing before him and taking into  
consideration the same factors as are  
required to be considered by the Indus­
try Committee, will carry out the pur­
poses of section 8 of the Act; and, if he 
finds otherwise, to disapprove such rec­
ommendation; and
Whereas section 8 (f) of the Act pro­
vides that wage orders “shall contain  
such terms and conditions as the Ad­
ministrator finds necessary to carry out 
the purposes of such orders, to prevent 
the circumvention or evasion thereof,  
and to safeguard the minimum wage  
rates established therein;” and,
Whereas there exists in the Textile  
Industry a practice whereby employers  
deduct from the wages of employees  
sums of money on account of facilities 
furnished to such employees by the  
employers:
Now, therefore, notice is hereby given 
that:
I. The recommendation of Industry  
Committee No. 25 is as follows:
Wages at a rate of not less than thirty 
seven and one-half (37V2 ) cents an hour  
shall be paid under section 6 of the Fair 
Labor Standards Act of 1938 by every  
employer to each of his employees in the 
Textile Industry who is engaged in com­
merce or in the production of goods for 
commerce.
II. The definition of the Textile In­
dustry as set forth in Administrative 
Order No. 92, issued March 10, 1941, is  
as follows:
(a) The manufacturing or processing  
of yarn or thread and all processes pre­
paratory thereto, and the manufacturing, 
bleaching, dyeing, printing and other  
finishing of woven fabrics (other than 
carpets and rugs) from cotton, silk, flax, 
jute or any synthetic fiber, or from mix­
tures of these fibers; or from such mix­
tures of these fibers with wool or animal 
fiber (other than silk) as are specified 
in clauses (g) and (h); except the chem­
ical manufacturing of synthetic fiber and 
I  su:h related processing of yarn as is

FEDERAL REGISTER, Wednesday, April 30, 1941 2207
conducted in establishments manufac­
turing synthetic fiber;
(b) The manufacturing of batting, 
wadding or filling and the processing of 
waste from the fibers enumerated in  
clause (a) ;
(c) The manufacturing, bleaching,  
dyeing, or other finishing of pile fabrics 
(except carpets and rugs) from any fiber 
or yarn;
(d) The processing of any textile fab­
ric, included in this definition of this in­
dustry, into any of the following prod­
ucts: bags; bandages and surgical gauze; 
bath mats and related articles; bed­
spreads; blankets; diapers; dish-cloths; 
scrubbing cloths and wash-cloths; sheets 
and pillow cases; table-cloths, lunch- 
cloths and napkins; towels; and window  
curtains;
(e) The manufacturing or finishing of 
braid, net or lace from any fiber or yarn;
(f) The manufacturing of cordage,  
rope or twine from any fiber or yarn;
(g) The manufacturing or processing  
of yarn or thread by systems other than 
the woolen system from mixtures of wool 
or animal fiber (other than silk) with 
any of the fibers designated in clause (a), 
containing not more than 45 per cent by  
weight of wool or animal fiber (other 
than silk).
(h) The manufacturing, bleaching,  
dyeing, printing or other finishing of 
woven fabrics (other than carpets and  
rugs) from mixtures of wool or animal 
fiber (other than silk) containing not 
more than 25 percent by weight of wool  
or animal fiber (other than silk), with 
any of the fibers designated in clause (a), 
with a margin of tolerance of 2 per cent 
to meet the exigencies of manufacture.
The definition of the Textile Industry 
covers all occupations in the industry  
which are necessary to the production  
of the articles specified in the definition, 
including clerical, maintenance, ship­
ping and selling occupations: Provided, 
however, That this definition does not 
include employees of an independent  
wholesaler or employees of a manufac­
turer who are engaged exclusively in  
marketing and distributing products of 
the industry which have been purchased  
for resale: And provided further, That  
where an employee covered by this defi­
nition is employed during the same work­
week at two or more different m in im u m  
rates of pay, he shall be paid the highest 
of such rates for such workweek unless 
records concerning his employment are  
kept by his employer in accordance with  
applicable regulations of the Wage and 
Hour Division.
HI. The full text of the report and 
recommendation of Industry Committee  
No. 25, together with any dissenting  
statements which may be filed by a mem­
ber subsequent to the date of this notice, 
are and will be available for inspection 
by any person between the hours of 9:00 
A. M. and 4:30 P. M. at the following
offices of the United States Department 
of Labor, Wage and Hour Division:
Boston, Massachusetts, Walker Build­
ing, 120 Boylston Street.
New York, New York, Parcel Post  
Building, 30th Street and 9th Avenue.
Philadelphia, Pennsylvania, 1216 Wid- 
ener Building, Chestnut and Juniper  
Streets.
Pittsburgh, Pennsylvania, 216 Old Post 
Office Building.
Newark, New Jersey, 1004 Kinney  
Building, 790 Broad Street.
Richmond, Virginia, 215 Richmond  
Trust Building, 627 East Main Street.
Baltimore, Maryland, 606 Snow Build­
ing, Calvert and Lombard Streets.
Columbia, South Carolina, Federal 
Land Bank Building, Hampton and  
Marion Streets.
Raleigh, North Carolina, 507 Raleigh  
Building, Hargett and .Fayettesville  
Streets.
Atlanta, Georgia, Witt Building, 249 
Peachtree Street.
Jacksonville, Florida, New Post Office 
Building.
Birmingham, Alabama, Comer Build­
ing, 2nd Avenue and 21st Street.
New Orleans, Louisiana, Pere Mar­
quette Building, 150 Baronne Street.
Nashville, Tennessee, Medical Arts  
Building, 119 Seventh Avenue, N.
Cleveland, Ohio, Standard Building,  
1370 Ontario Street.
Cincinnati, Ohio, Cincinnati Traction 
Building, 5th and Walnut Streets.
Chicago, Illinois! 1200 Merchandise  
Mart, 222 West North Bank Drive.
Minneapolis, Minnesota, 406 Pence  
Building, 730 Hennepin Avenue.
St. Louis, Missouri, 100 Old Custom  
House Building, 815 Olive Street.
Denver, Colorado, Chamber of Com­
merce Building, 1726 Champa Street.
Dallas, Texas, 824 Santa Fe Building,  
1114 Commerce Street.
San Francisco, California, Room 500,  
785 Market Street.
Los Angeles, California, 338 H. W. Hell- 
man Building, 354 South Spring Street.
San Juan, Puerto Rico, Post Office Box
112.
Seattle, Washington, 305 Post Office 
Building, 3rd Avenue and Union Street
Juneau, Alaska, D. B. Stewart, Com­
missioner of Mines.
Washington, District of Columbia, De­
partment of Labor, 4th Floor.
Kansas City, Missouri, 504 Title &  
Trust Building, 10th and Walnut Streets.
Copies of the Committee’ s report and  
recommendation, together with any dis­
senting statements which may be filed  
by a member subsequent to the date of  
this notice, may be obtained by any per­
son upon request addressed to the Ad­
ministrator of the Wage and Hour Divi­
sion, Department of Labor, Washing­
ton, D. C.
IV. A public hearing will be held on  
May 15,1941, before Thomas W. Holland, 
Presiding Officer, at 10; 00 A. M. in Room
3229, U. S. Department of Labor, Wash­
ington, D. C., for the purpose of taking 
evidence on the following questions:
1. Whether the recommendation of In­
dustry Committee No. 25 shall be ap­
proved or disapproved; and
2. In the event an order is issued ap­
proving the recommendation, what, if  
any, provision is necessary to be made in 
such order, regulating, prohibiting, or re­
stricting deductions from wages for fa­
cilities furnished by employers to em­
ployees in the Textile Industry, to carry 
out the purposes of such order, to prevent 
the circumvention or evasion thereof, and 
to safeguard the minimum wage rates  
established therein.
V. Any interested person, supporting or 
opposing the recommendation of Indus­
try Committee No. 25, or supporting or  
opposing the regulation, prohibition, or 
restriction of deductions from wages for 
facilities furnished to employees, may ap­
pear at the aforesaid hearing to offer evi­
dence, either on his own behalf or on be­
half of any other person; provided, that 
not later than May 9,1941, any such per­
son shall file with the Administrator at 
Washington, D. C., a notice of his intent 
to appear which shall contain the follow­
ing information:
1. The name and address of the person  
appearing.
2. If such person is appearing in a rep­
resentative capacity, the name and ad­
dress of the person or persons whom he is 
representing.
3. Whether such person proposes to ap­
pear for or against the recommendation  
of Industry Committee No. 25.
4. The approximate length of time re­
quested for his presentation.
Such notice may be mailed to the Ad­
ministrator, Wage and Hour Division,  
United States Department of Labor,  
Washington, D. C., and shall-  be deemed  
filed upon receipt thereof.
VI. Any person interested in supporting 
or opposing the recommendation of In­
dustry Committee No. 25 may secure fur­
ther information concerning the afore­
said hearing by inquiry directed to the  
Administrator, Wage and Hour Division, 
United States Department of Labor,  
Washington, D. C., or by consulting with 
attorneys representing the Administra­
tor who will be available for that purpose 
at the offices of the Wage and Hour Divi­
sion in Washington, D. C.
VH. Copies of the following documents 
relating to the Textile Industry will be 
made available upon request for inspec­
tion by any interested person who in­
tends to appear at the aforesaid hearing:
Bulletin No. 663, entitled Wages in 
Cotton-Goods Manufacturing prepared  
by A. F. Hinrichs, Chief Economist, Bu­
reau of Labor Statistics, United States 
Department of Labor.
Mimeographed release issued by the  
Bureau of Labor Statistics of the U. S. 
Department of Labor, entitled Estimated

2208 FEDERAL REGISTER, Wednesday, April 30, 1941
Intercity Differences in Costs of Living, 
December 15, 1940.
Bulletin, Serial No. R-963, reprint from 
the Monthly Labor Review of July 1939, 
entitled Differences in Living Costs in 
Northern and Southern Cities.
Report entitled Some Basic Informa­
tion on the Textile Industry prepared by 
the Research and Statistics Branch,  
Wage and Hour Division, U. S. Depart­
ment of Labor, April 1941.
Report entitled Average Hourly Earn­
ing in the Cotton Goods Industry, Sep­
tember 1940 and April 1941 and Supple­
ment prepared by the Division of Wage  
and Hour Statistics of the Bureau of  
Labor Statistics, U. S. Department of  
Labor, April 14, 1941.
Report entitled Average Hourly Earn­
ings in the Silk and Rayon Industry, Sep­
tember 1940 prepared by the Division of 
Wage and Hour Statistics of the Bureau 
of Labor Statistics, U. S. Department of 
Labor, April 14, 1941.
Report entitled Average Hourly Earn­
ings in the Cordage and Tvoine Industry, 
September 1940 prepared by the Division 
of Wage and Hour Statistics of the Bu­
reau of Labor Statistics, U. S. Depart­
ment of Labor, April 14, 1941.
Report entitled Average Hourly Earn­
ings in the Miscellaneous Fabricated 
Textile Products Industry, September 
1940 prepared by the Division of Wage  
and Hour Statistics of the Bureau of  
Labor Statistics, U. S. Department of  
Labor, April 14, 1941.
Report entitled Average Hourly Earn­
ings in the Processed Waste Industry, 
September 1940 prepared by the Divi­
sion of Wage and Hour Statistics of the 
Bureau of Labor Statistics, U. S. Depart­
ment of Labor, April 14, 1941.
Mimeographed release issued by the  
Bureau of Labor Statistics of the U. S. 
Department of Labor, entitled Survey of 
Jute Bagging Industry.
Transcript of Public Hearing in the  
Matter of the Recommendation of In­
dustry Committee No. 1  for Minimum  
Wage Rates in the Textile Industry,  
June 19 to July 11,1939.
V T T T  The hearing will be conducted  
in accordance with the following rules, 
subject, however, to such subsequent  
modifications by the Administrator or 
the Principal Hearings Examiner as are  
deemed appropriate:
1. The hearings shall be stenographi- 
cally reported and a transcript made  
which will be available to any person at 
prescribed rates upon request made to  
the official reporter of the Wage and  
Hour Division, United States Depart­
ment of Labor, Washington, D. C.
2. In order to maintain orderly and  
expeditious procedure, each person filing 
a Notice to Appear shall be notified, if 
practicable, of the approximate day and 
the place at which he may offer evidence  
at the hearing. If such person does not 
appear at the time set in the notice he
will not be permitted to offer evidence 
at any other time except by special per­
mission of the presiding officer.
3. At the discretion of the presiding  
officer, the hearing may be continued  
from day to day, or adjourned to a later 
date, or to a different place, by announce­
ment thereof at the hearing by the pre­
siding officer, or by other appropriate 
notice.
4. At any stage of the hearing, the  
presiding officer may call for further evi­
dence upon any matter. After the pre­
siding officer has closed the hearing be­
fore him, no further evidence shall be  
taken, except at the request of the Ad­
ministrator, unless provision has been  
made at the hearing for the later receipt 
of such evidence. In the event that the  
Administrator shall cause the hearing to 
be reopened for the purpose of receiving 
further evidence, due and reasonable no­
tice of the time and place fixed for such 
taking of testimony shall be given to all 
persons who have filed a notice of in­
tention to appear at the hearing.
5. All evidence must be presented un­
der oath or affirmation.
6. Written documents or exhibits, ex­
cept as otherwise permitted by the pre­
siding officer, must be offered in evidence 
by a person who is prepared to testify  
as to the authenticity and trustworthi­
ness thereof, and who shall, at the time 
of offering the documentary exhibit, 
make a brief statement as to the con­
tents and manner of preparation thereof.
7. Written documents and exhibits  
shall be tendered in duplicate and the  
persons preparing the same shall be pre­
pared to supply additional copies if such 
are ordered by the presiding officer.  
When evidence is embraced in a docu­
ment containing matter not intended to  
be put in evidence, such a document will  
not be received, but the person offering 
the same may present to the presiding  
officer the original document together 
with two copies of those portions of the 
document intended to be put in evi­
dence. Upon presentation of such copies  
in proper form the copies will be received 
in evidence.
8. Subpoenas requiring the attendance 
of witnesses or the presentation of a doc­
ument from any place in the United  
States at any designated place of hearing 
may be issued by the Administrator at his 
discretion, and any person appearing in  
the proceeding may apply in writing for 
the issuance by the Administrator of the 
subpoena. Such application shall be  
timely and shall identify exactly the wit­
ness or document and state fully the na­
ture of the evidence proposed to be  
secured.
9. Witnesses summoned by the Admin­
istrator shall be paid the same fees and 
mileage as are paid witnesses in the  
courts of the United States. Witness  
fees and mileage shall be paid by the  
party at whose instances witnesses ap­
pear, and the Administrator before issu­
ing subpoena may require a deposit of an 
amount adequate to cover the fees and  
mileage involved.
10. The rules of evidence prevailing in 
the courts of law or equity shall not be 
controlling.
11. The presiding officer may, at his 
discretion, permit any person appearing 
in the proceeding to cross-examine any  
witness offered by another person insofar 
as is practicable, and to object to the ad­
mission or exclusion of evidence by the 
presiding officer. Requests for permis­
sion to cross-examine a witness offered 
by another person and objections to the 
admission or exclusion of evidence shall 
be stated briefly with the reasons for such 
request or the ground of objection relied 
on. Such requests or objections shall be­
come a part of the record, but this record 
shall not include argument thereon ex­
cept as ordered by the presiding officer. 
Objections to the approval of the Com­
mittee’ s recommendation and to the  
promulgation of a wage order based upon 
such approval must be made at the  
hearing before the presiding officer.
12. Before the close of the hearing, the 
presiding officer shall receive written re­
quests from persons appearing in the  
proceeding for permission to make oral  
arguments before the Administrator upon 
the matter in issue. These requests will  
be forwarded to the Administrator by the 
presiding officer with the record of the 
proceedings. If the Administrator, in his 
discretion, allows the request, he shall 
give such notice thereof as he deems suit­
able to all persons appearing in the pro­
ceedings, and shall designate the time  
and place at which the oral arguments  
shall be heard. If such requests are al­
lowed, all persons appearing at the hear­
ing will be given opportunity to present 
oral argument.
13. Briefs (12 copies) may be submitted 
to the Administrator following the close 
of the hearing, by any persons appear­
ing therein. Notice of the final dates for 
filing such briefs shall be given by the 
Administrator in such manner as shall  
be deemed suitable by him.
14. On the close of the hearing, the  
presiding officer shall forthwith file a 
complete record of the proceedings with  
the Administrator. The presiding officer 
shall not file an intermediate report un­
less so directed by the Administrator. If 
a report is filed, it shah be advisory only 
and have no binding effect upon the  
Administrator.
15. No order issued as a result of the 
hearing will take effect until after due 
notice is given of the issuance thereof by 
publication in the Federal Register. *
Signed at Washington, D. C., this 28th 
day of April, 1941.
Philip B. Fleming, 
Administrator.
[F. R. Doc. 41-3150; Filed, April 29, 1941;
11:56 a. m .]

FEDERAL REGISTER, Wednesday, April 30, 1941 2209
FEDERAL TRADE COMMISSION.
[Docket No. 4267]
In the Matter of Wool Trading Com­
pany, Inc., a Corporation
order appointing trial examiner and
FIXING TIME AND PLACE FOR TAKING
TESTIMONY
At a regular session of the Federal  
Trade Commission, held at its office in 
the City of Washington, D. C., on the  
26th day of April, A. D. 1941.
This matter being at issue and ready  
for the taking of testimony, and pursuant 
to authority vested in the Federal Trade  
Commission, under an Act of Congress  
(38 Stat. 717; 15 U.S.C.A. section 41).
It is ordered, That Lewis C. Russell, a  
trial examiner of this Commission, be  
and he hereby is designated and ap­
pointed to take testimony and receive 
evidence in this proceeding and to per­
form all other duties authorized by law;
It is further ordered, That the taking  
of testimony in this proceeding begin on 
Thursday, May 15, 1941, at nine o’ clock  
in the forenoon of that day (eastern  
standard time) in the St. George Hotel, 
Brooklyn, New York.
Upon completion of testimony for the 
Federal Trade Commission, the trial ex­
aminer is directed to proceed immedi­
ately to take testimony and evidence on  
behalf of the respondent. The trial ex­
aminer will then close the case and make  
his report upon the evidence.
By the Commission.
[seal] O tis B. Johnson,
Secretary.
[F. R. Doc. 41-3143; Filed, April 29, 1941;
11:39 a. m.]
[Docket No. 4306]
In the Matter of Titus Blatter &  
C ompany, a Corporation
order appointing trial examiner and fix­
ing TIME AND PLACE FOR TAKING TESTI­
MONY
At a regular session of the Federal  
Trade Commission, held at its office in 
the City of Washington, D. C., on the  
26th day of April, A. D. 1941.
This matter being at issue and ready  
for the taking of testimony, and pursuant 
to authority vested in the Federal Trade  
Commission, under an Act of Congress  
(38 Stat. 717; 15 U.S.C.A., section 41),
It is ordered, That Lewis C. Russell, a  
trial examiner of this Commission, be  
and he hereby is designated and ap­
pointed to take testimony and evidence  
in this proceeding and to perform all  
other duties authorized by law;
It is further ordered, That the taking  
of testimony in this proceeding begin on 
Wednesday, May 21,1941, at nine o’ clock  
in the forenoon of that day (eastern  
standard time) in the St. George Hotel, 
Brooklyn, New York.
Upon completion of testimony for the 
Federal Trade Commission, the trial ex­
aminer is directed to proceed immediately 
to take testimony and receive evidence 
on behalf of the respondent. The trial 
examiner will then close the case and  
make his report upon the evidence.
By the Commission.
[seal] O tis B. Johnson,
Secretary.
[F. R. Doc. 41-3144; Filed, April 29, 1941;  
11:39 a. m.]
[Docket No. 4326]
In the Matter of Philip Jablon, Indi­
vidually and Trading as Bell Yarn 
C ompany and as Wonoco Yarn Com­
pany
ORDER APPOINTING TRIAL EXAMINER AND FIX­
ING TIME AND PLACE FOR TAKING TESTI­
MONY
At a regular session of the Federal  
Trade Commission, held at its office in 
the City of Washington, D. C., on the  
26th day of April, A. D. 1941.
This matter-being at issue and ready  
for the taking of testimony, and pursuant 
to authority vested in the Federal Trade  
Commission, under an Act of Congress  
(38 Stat. 717; 15 U.S.C.A., section 41),
It is ordered, That Lewis C. Russell, a  
trial examiner of this Commission, be  
and he hereby is designated and ap­
pointed to take testimony and receive  
evidence in this proceeding and to per­
form all other duties authorized by law;
It is further ordered, That the taking  
of testimony in this proceeding begin on 
Thursday, May 15, 1941, at nine o’ clock  
in the forenoon of that day (eastern  
standard time) in the St. George Hotel, 
Brooklyn, New York.
Upon completion of testimony for the 
Federal Trade Commission, the trial ex­
aminer is directed to proceed immedi­
ately to take testimony and evidence on  
behalf of the respondent. The trial ex­
aminer will then close the case and make  
his report upon the evidence.
By the Commission.
[seal] O tis B. Johnson,
Secretary.
[F. R. Doc. 41-3145; Filed, April 29, 1941;
11:39 a. m.]
[Docket No. 4443]
In the Matter of the Wire Rope &  
Strand Manufacturers A ssociation, 
Inc., et al.
O RDER APPOINTING TRIAL EXAMINER AND FIX­
ING TIME AND PLACE FOR TAKING TESTI­
MONY
At a regular session of the Federal  
Trade Commission, held at its office in 
the City of Washington, D. C., on the 26th 
day of April, A. D. 1941.
This matter being at issue and ready  
for the taking of testimony, and pursu­
ant to authority vested in the Federal  
Trade Commission, under an Act of Con­
gress (38 Stat. 717; 15 U.S.C.A., section 
41),
It is ordered, That John P. Bramhall, 
a trial examiner of this Commission, be 
and he hereby is designated and ap­
pointed to take testimony and receive  
evidence in this proceeding and to per­
form all other duties authorized by law;
It is further ordered, That the taking  
of testimony in this proceeding begin on 
Monday, June 2, 1941, at ten o’ clock in  
the forenoon of that day (eastern stand­
ard time) in Room 332, Federal Trade  
Commission Building, Sixth Street and  
Constitution Avenue NW., Washington,
D. C.
Upon completion of testimony for the 
Federal Trade Commission, the trial ex­
aminer is directed to proceed immedi­
ately to take testimony and receive evi­
dence on behalf of the respondent. The  
trial examiner will then close the case  
and make his report upon the evidence.
By the Commission.
[seal] Otis B. Johnson,
Secretary.
[F. R. Doc. 41-3146; Filed, April 29, 1941;
11:39 a. m.]
[Docket No. 4470]
In the Matter of Ar. Winarick, Inc., 
et AL.
O RDER APPOINTING TRIAL EXAMINER AND FIX­
ING TIME AND PLACE FOR TAKING TESTI­
MONY
At a regular session of the Federal  
Trade Commission, held at its office in 
the City of Washington, D. C., on the 25th 
day of April, A. D. 1941.
This matter being at issue and ready  
for the taking of testimony, and pursuant 
to authority vested in the Federal Trade  
Commission, under an Act of Congress  
(38 Stat. 717; 15 U.S.C.A., section 41).
It is ordered, That John J. Keenan, a  
trial examiner of this Commission, be  
and he hereby is designated and ap­
pointed to take testimony and receive  
evidence in this proceeding and to per­
form all other duties authorized by law;
It is further ordered, That the taking  
of testimony in this proceeding begin on 
Monday, May 19, 1941, at ten o’ clock in  
the forenoon of that day (Eastern Stand­
ard Time) in Room 332, Federal Trade  
Commission Building, Washington, D. C.
Upon completion of testimony for the 
Federal Trade Commission, the trial ex­
aminer is directed to proceed immedi­
ately to take testimony and evidence on  
behalf of the respondent. The trial ex­
aminer will then close the case and make  
his report upon the evidence.
By direction of the Commission. 
[seal] Otis B. Johnson,
Secretary.
[F. R. Doc. 41-3147; Filed, April 29, 1941;
11:40 a. m.j

2210 FEDERAL REGISTER, Wednesday, April SO, 1941
SECURITIES AND EXCHANGE COM -  
MISSION.
[File No. 70-264]
In the Matter of Northeastern Water 
and E lectric C orporation and Its 
Subsidiaries
O RDER APPROVING APPLICATION, ETC.
At a regular session of the Securities 
and Exchange Commission held at its  
office in the City of Washington, D. C. 
on the 25th day of April 1941.
The above-named persons having filed 
declarations and an application, pur­
suant to the Public Utility Holding Com­
pany Act of 1935, particularly sections  
7, 10 and 12, and Rule U-12B-1 there­
under, regarding advances from time to  
time by Northeastern Water and Elec­
tric Corporation, a registered holding  
company, to certain of its subsidiary  
companies, as set forth below:
Name of borrowing Maximum
com pany: amount of loan
Caribou Water, Light & Power
C o _________________________ $100,000.00
Consumers Water Co ------------ 1, 500.00
Ellwood Consolidated Water
C o ________________________  19,500.00
Everett’ W ater Co -------------— 4,0 0 0 .0 0
Guilford Water Co ---------- --- 2,500.00
H am pton Water Works Co—  10,000.00
Name of borrowing Maximum
com pany—Continued, amount of loan
Latrobe W ater Co ________ ;.___  $5,000. 00
Maryland W ater Works Co _  17,000.00
M assachusetts Water Works
C o _______________________ -  5,000.00
Oxford W ater Co ____________  8 ,0 0 0 .0 0
Penobscot C ounty Water. Co_ 15,000.00
Presque Isle W ater Co ______  84, 500.00
Riverton Consolidated W ater
C o ____________________   50,000.00
Salisbury W ater Supply Co ___  20,000.00
Skowhegan Water Co _______  3, 500.00
W estern Reserve Power &
Light Co _ _ ____ — ______ ___  25,000. 00
W est Helena Water Works Co_ 12,000.00  
W est P enn W ater Co ________  15,000.00
Total ........................................ 397, 500.00
and the acquisition by Northeastern  
Water and Electric Corporation of 5%  
Promissory Notes of the subsidiary com­
panies evidencing said advances, and the  
issue and sale of 5%  Promissory Notes by 
the following public-utility subsidiaries 
of Northeastern Water and Electric 
Corporation:
W estern Reserve Power and Light
C o _______________________________$25, 000
Caribou Water, Light and Power  
C o _____________________ _____ ____  100,000
and the extension of the maturity dates 
of bonds held by Northeastern Water  
and Electric Corporation of certain of its 
non-utility subsidiaries, as follows:
Company and title oí issue
The Hartland Water Company 1st Mtg. 5% 5?°,1? 5 O D £s—  The Mechanic Falls Water Co. 1st Mtg. 5% Gold Bonds.... 
The North Berwick Water Co. 1st Mtg. 5% Gold Bonds..... 
The Sangerville Water Supply Co. 1st Mtg. 5% Gold Bonds.
Principal 
amount of 
bonds
Present matu­
rity date
Contem­
plated ex­
tended ma­
turity date
$50,000 July1,1932July1,1952
33,000 July1,1935July1,1955
30,000 Oct.1,1916Oct.1,1946
8,000 July1,1931July 1,1951
and a capital contribution to Stockton  
Springs Water Company in the amount  
of $3,000 by Northeastern Water and  
Electric Corporation.
A public hearing having been held  
upon such declarations and application, 
as amended, after appropriate notice,  
the Commission having examined the  
record and having filed its findings and 
opinion herein;
It is ordered, That the declarations, as 
amended, filed pursuant to section 7  
and Rule U-12B-1 be and are hereby per­
mitted to become effective, and that the 
application filed pursuant to section 10 
be and hereby is approved, subject, how­
ever, to the terms and conditions pre­
scribed in Rule U-24 of the General Rules 
and Regulations, and subject to the fol­
lowing additional condition: That, if any 
of the interest bearing loans approved  
herein are not liquidated within one  
year, said loans shall cease to bear in­
terest.
By the Commission.
[seal] F rancis P. Brassor,
Secretary.
[F. R. Doc. 41-3140; Filed, April 29, 1941;
11:35 a. m .j
[File No. 70-281]
In the Matter of Ogden C orporation
O RDER CONSENTING TO WITHDRAWAL  
OF DECLARATION
At a regular session of the Securities 
and Exchange Commission, held at its  
office in the City of Washington, D. C., on 
the 26th day of April, A. D. 1941.
Ogden Corporation, a registered hold­
ing company, having filed a declaration 
under section 12 (b) of the Public Utility 
Holding Company Act of 1935 and Rule  
U-12B-1 promulgated thereunder with  
respect to a proposed advance of $6,500  
on open account to its subsidiary, Central 
States Utilities Corporation, and having 
thereafter requested the withdrawal of 
such declaration; *
It appearing that such request should 
be granted;
It is ordered, That consent be and here­
by is given to such withdrawal.
By the Commission.
[seal] F rancis P. Brassor,
Secretary.
[F. R. Doc. 41-3141; Filed, April 29, 1941;
11:35 a. m.]
[File No. 70-194]
In the Matter of Lone Star Gas Cor­
poration, The D allas Gas C ompany,
C ommunity Natural Gas C ompany,
and County Gas Company
order granting applications and permit­
ting DECLARATIONS TO BECOME EFFECTIVE
At a regular session of the Securities 
and Exchange Commission held at its  
office in the City of Washington, D. C., on 
the 28th day of April, A. D. 1941.
Lone Star Gas Corporation, a regis­
tered holding company, and its subsid­
iaries, the Dallas Gas Company, Com­
munity Natural Gas Company and  
County Gas Company, having filed ap­
plications and declarations and amend­
ments thereto pursuant to sections 7,  
10 and 12 of the Public Utility Holding 
Company Act of 1935 and Rule U-12F-1  
promulgated under said Act regarding  
the following transactions:
1. The sale by County Gas Company  
of its utility and other assets to The  
Dallas Gas Company and Community  
Natural Gas Company;
2. The creation and issuance of 10,470 
shares of common capital stock of the  
par value of $100 each by The Dallas Gas 
Company and the assumption by the  
said Dallas Gas Company of the liability 
upon $1,775,000 principal amount of  
41 /2% notes, due August 1, 1953, previ­
ously issued by County Gas Company and 
held by Lone Star Gas Corporation; and
3. The acquisition by Lone Star Gas  
Corporation of such shares of stock and 
the obligation of The Dallas Gas Com­
pany resulting from such assumption of 
liability.
Public hearing thereon having been  
held after appropriate notice and the  
Commission having considered the rec­
ord and made and filed its findings and 
opinion herein;.
It is ordered, That the said applica­
tions as amended be, and the same hereby  
are, granted and that the said declara­
tions as amended be, and the same  
hereby are permitted to become effective 
forthwith, subject, however, to the terms 
and conditions prescribed in Rule U-9,  
and, as to the application filed by The 
Dallas Gas Company pursuant to section 
10 of the Act, to the following additional 
condition:
That if and whenever the reserve re­
ferred to in the franchise of The Dallas 
Gas Company as the “Surplus Reserve”  
shall be less than $766,417 The Dallas  
Gas Company will accrue out of its re­
turn authorized by said franchise and 
credit to a special reserve an amount  
equal to the difference between $766,417 
and the balance in such “Surplus Re­
serve” and maintain such special reserve 
unimpaired until the balance in such

FEDERAL REGISTER, Wednesday, April 30, 1941 2211
“Surplus Reserve” shall be $766,417 or  
more.
By the Commission.
[seal! F rancis P. Brassor,
Secretary.
[F. R. Doc. 41-3138; Filed, April 29, 1941;  
11:34 a. m.]
[Files Nos. 70-259, 31-509]
In the Matter of Pennsylvania Gas &  
E lectric Corporation and Pennsylva­
nia Gas & Electric Company
O R D ER  APPROVING APPLICATION
At a regular session of the Securities 
and Exchange Commission held at its  
office in the City of Washington, D. C., 
on the 28th day of April, A. D. 1941.
Applications, together with amend­
ments thereto, having been filed with  
this Commission pursuant to the Public 
Utility Holding Company Act of 1935 by 
the parties above named concerning the  
following:
The Pennsylvania Gas &  Electric Cor­
poration, a registered holding company, 
proposes to acquire from its subsidiary, 
Pennsylvania Gas &  Electric Company,  
likewise a registered holding company, all 
of the outstanding common stock of The 
Petersburg &  Hopewell Gas Company,  
consisting of 5,500 shares of the par value 
of $100 per share, for the sum of $350,000 
in cash; and
Pennsylvania Gas &  Electric Company  
has applied for exemption from regis­
tration as a holding company pursuant  
to section 3 (a) (1) of the Act, said ap­
plication being predicated upon the state 
of facts which will exist subsequent to 
the consummation of the aforesaid sale 
of its interest in The Petersburg &  Hope- 
well Gas Company; and  
A public hearing having been duly held 
after appropriate notice; and the Com-  
No.85------4
mission having examined the record in  
this matter; .
It is ordered. That pursuant to the ap­
plicable sections of said Act, viz., sections 
12 (d), 10 and 12 (f) and the Rules and  
Regulations promulgated thereunder, the  
before mentioned sale and acquisition be 
and they hereby are approved, subject, 
however, to the terms and conditions set  
forth in Rule U-9;
It is further ordered, That such appli­
cation for exemption pursuant to section 
3 (a) (1) of said Act be and it hereby is 
granted subject to the terms and condi­
tions set forth in Rule U-9 and to the  
condition that such exemption shall be­
come effective only upon the filing with 
this Commission of a certificate show­
ing that the before mentioned sale has  
been consummated.
By the Commission.
[seal] F rancis P. Brassor,
Secretary.
[F. R. Doc. 41-3139; Filed, April 29, 1941;
11:34 a. m.j
[File No. 70-303]
In the Matter of Southern Natural Gas 
C ompany
NOTICE REGARDING FILING
At a regular session of the Securities 
and Exchange Commission, held at its 
office in the City of Washington, D. C., 
on the 29th day of April, A. D. 1941.
Notice is hereby given that a declara­
tion or application (or both), has been 
filed with this Commission pursuant to 
the Public Utility Holding Company Act 
of 1935 by the above named party or  
parties; and
Notice is further given that any inter­
ested person may, not later than May 15,  
1941, at 4:30 P. M., E. S. T., request the 
Commission in writing that a hearing be
held on such matter, stating the reasons  
for such request and the nature of his  
interest, or may request that he be noti­
fied if the Commission should order a 
hearing thereon. At any time thereafter  
such declaration or application, as filed 
or as amended, may become effective or  
may be granted, as provided in Rule U-23  
of the Rules and Regulations promul­
gated pursuant to said Act or the Com­
mission may exempt such transaction as  
provided in Rules U-20 (a) and U-100  
thereof. Any such request should be ad­
dressed: Secretary, Securities and Ex­
change Commission, Washington, D. C.
All interested persons are referred to 
said declaration or application, which is 
on file in the office of said Commission, 
for a statement of the transactions  
therein proposed, which are summarized  
below:
Southern Natural Gas Company, a  
registered holding company, proposes to  
acquire at a price of $1.00 per share not 
less than 999,000 shares nor more than  
1,099,000 shares of common capital stock, 
par value $1.00 per share of its subsidiary, 
Southern Production Company, Inc.  
Southern Natural Gas Company pro­
poses to acquire at least 999,000 of said 
shares as soon as possible and to acquire 
all or part of the remainder of such  
shares prior to June 30, 1942. Payment  
for a portion of the initial amount of 
said shares to be acquired by Southern  
Natural Gas Company will be made by  
crediting the open account advances ow­
ing to it by said Southern Production  
Company, Inc.
Southern Natural Gas Company con­
siders section 10 of the Act to be applica­
ble to the proposed transaction.
By the Commission.
[seal] F rancis P. Brassor,
Secretary.
[F. R. Doc. 41-3137; Filed, April 29, 1941;
11:34 a. m.j