4 ay Che Chase National Hank “OF PINE STREET CORNER OF NEW YORK I5, N. Y. STH EesCcrrY Or NEW AYO RK NASSAU , Nem Pork November L5, IN Mr. Marriner J. M. and M. Ogden, Dear A. S. Utah Mr. Browning, Vice President Browning Company and L951 REPLYING PLEASE REFER Manager Brownings: It was a genuine pleasure for me to have the opportunity of visiting with you, your brother, Val, and your son, Matt, on my recent trip through several of the mountain states. I also appreciated your giving me a copy of the book entitled, "A History of the Browning Guns from 1831" - I found it most interest- ing. very In addition, nice luncheon pany after I should like to thank you and Matt for the at the Ben Lomond Hotel. Your gracious _ hospitality was deeply appreciated and I hope that I shall have the opportunity of reciprocating the favor some time when you are back this way. We were sorry so many years to lose the account but understand of your the reason good com= for the Liquidation and certainly cannot blame you for taking such action. It seems to me that the Government is stretching its taxing powers a bit too far when it drives such old and well established companies as yours out of business. I hope that some time soon they will see the light and produce an economic climate in which men of ability will be encouraged to put forth their best efforts knowing that, if they are successful, they can make provision for their loved ones or favorite charities after they pass on. We would be honored if you or any member of your family could see your way clear to favorus with a personal account as we certainly hate to see the Browning name go off our books after so many years. In any event, however, we want we very much appreciate past favors and, which we can serve any of you back here, to call on us. With kindest personal you to know that if there is any way in please do not hesitate regards and all Sincerely, Ca i } Af OUL Anthony Assistant I. Eyring Cashier good wishes, TO Che Chase National Bank OF THE CITY OF NEW YORK VIA AIR aga Nem Work IN count b Ra. GAS . CS this + fies F LS ” & 5 M.RS SOT RS 5 Y} in the thereto with J.°oM.3 of orede 1 5 > che Se o ihe ne —m_weey EI brought Browning we LO*t 50 neme you and Til; ae ‘ eS rds dates s the to t j egret the terminatio: ape 1 < * from 2 LG know nawert of tne vy ea a rit a Sori wt : ie Sik Metropolitan Sh LGeGe OL ra, % at Ss. ite bic to decision ad F * REPLYING ie the Februa ba sa, night resarc roums p74 tha ums psee SS WLI liquidate . x s “| ' 5 etek =" GE Enc td CS Fo Pe naturally ok pie ean ae ee which relationship, banking i a2 10 3 > acc 1904. can con shall be LWS—FRV Me PLEASE REFER IL TO ‘ yr ne ey = . oh oe ; wt sie C8 *a ed GL. nocx we46 ac uO the uf 3 ae a¥ kta zz - mT one _ SLA: “4 ; Bry a EG ¥ es # +4 eye? * 54th 2 % : a OVE : ot Sood Yo! cg he sy ass i j. bana agtse LATS a rok \ s cA ES fe E * 2 bA wv 4 3 Gu . ee Ay t La 2. * 4 eye < Vek ak Sah wakesi; om Yio \ Neal ?i? 6 nieve& Femi — Fe LA4 4 Me Sak i oe4 oe t* 3 Tre ” oy tws “ PES ey ity Pre wc a hhed, vy get Pog 3 vice dante By BK, 5 taeOe oS helar Sueeteud Ta % CA * f i 243 Bvt i tke 3 “oo ; uw ® 7.7: Fs 2 fe‘ 4 ee 5. Sl ae on oe Be Ma We whee 4 crvy de LJ t : . Ae ow oe fe @ © Che Chase National Bank OF METROPOLITAN FOURTH AVENUE THE: CLE. QE NEW: YORK BRANCH AT 2382 STREET NEW YORK IO,N.-Y. Louis C. HOLL, Nereus vice March ii, 1951. PRESIDENT Mr. M. A. Browning, J. M. Dear Bork Mr. Vice President, &M. 5S. Browning Ogden, Utah. Co., Browning: I have just finished reading the 1950 Annual Report of the First Security Corporation, which has now reached me. In my opinion you have done an excellent job. Not only is the information presented in a most interesting manner,but the results of your operetions during the year should be a source of gratification to your stockholders. ¢ Congratulations and best wishes for Sincerely a banner yours ef y AJ? A J 1951. Litt 4 yA J a _—_ WZ? wag é 3 ‘A 4 fe—e Z rd ore Vice LCH-H President. Che Chase National Bank OF THE CITY OF NEW YORK METROPOLITAN FOURTH AVENUE BRANCH AT 238° STREET 11-39 EAST 2382 STREET NEW YORK I!0,N.Y. February Mr. M. A. Browing, Vice President, J. M. & M. S. Browning ©o., Ogden, Uteh. Dear Mr. letter the I have been of the First of February you refer. I am wondering if from the printers the 1951. Browning: report which 20, mails. With waiting to acknowledge your Security Corporation to 6 until It has such time as I receive not yet reached me, and perhaps it has not been released or if it may have gone astray in kind personal regards, Yours very I am truly, o ee 4 J“? oa Wz: oC 47 5 ouis Viee ©. Holl President Oa “See oe aoe - February Mr. Vice Louis C. 6, 1951 Holl President Metropolitan Branch Chase National Bank New York 10, N.Y. Dear Mr. Holl: From year to year we have received copies of your annual report and have appreciated the opportunity of looking them over. This year we put out what we report of the First Security you a copy. The bank is not "little others With old New York," out kind this way. personal but consider to Corporation as large as compares very be an attractive and are sending you have in favorably with regards, Sincerely, Mi. A. Vice MAB/co/faw Browning President & Manager February 18, 199 Mr. Louis C. Holl Vice President Metropolitan Branch Chase National Bank New York 10, N.Y, Dear Mr. Holl: Thank you kindly for your note of the 10th reminding us that we have had an accoznt with you for 5 years. We also have enjoyed our association with your institution as well as with you personally. We look for our relationship to continue indefinitely and undoubtedly will be calling upon you for favors in the future as we have done in the past. With kind personal regards, Sincerely, M. MAB/co/faw A. Browning The Chase National Bank OF THE CITY OF NEW YORK METROPOLITAN BRANCH NEW YORK IO, N.Y. LOUIS: Cc. HOLL VICE ae Dear 1949- 10, February PRESIDENT Browning: Mr. Forty-five years ago today your Company opened an Although I have only secount with The Chase National Bank. for the been associated with you and with this relationship ciation past ten years, I would like to say that the asso We at The Chase has been a pleasure and a real privilege. account are especially happy to have been favored with the built of a Company with the fine reputation you people have Certainly I hope that we shall be able to and maintained. continue to serve you for many years to come. personal With kind I am regards, Sincerely o 4 yours, — Fa 4 ’ At fs Od ig ef fd dy” oo lh ” “4 ile aoe . Mr. M. Se A. M. Vice Browning, and M. Se President, Browming Coe; Vice President. = = Che Chase National Bank METROPOLITAN FOURTH AVENUE OF CIrTtyY THE OF - NEW:.YORK BRANCH AT 238° STREET NEW YORK IO,N-Y. Louis C. HOLL, Pork Nem vice PRESIDENT Browning, Treasurer, and M. ©. Browning Oo., Ogden, Utah. ming LI In to the at our accordance of account the des Wagons—Lits er fon, you wish "Queen Mary" that not : did ee to the accountof J. The 12S been done. T note No. the Belgian 140 pee’, Although:you I presume Belg: o OES Sn + | been made by the order of as instructed. in 1 , ae let tter, sobified and have * Sa 5) such a deposit has Cooks 24lso cabling of r account $439 oy Office, Head le ,e “General Socd “ M. & b advice Mr. next August pleasure to for CE provide gS us to charge . Browning is enclosed. the Co. e John Val Browning e and his may stop visit. re id » acre in to aac 2 reimburse cost of on our expects see re = this 2 books to May Louis C. Holl, Vice President New York City, New York Dear Mr. Holi: 26, 1948 Chase National Bank Metropolitan Branch 4th Avenue at 23rd Street We are in He further receipt of asks that a letter from Val who is at the present teebic address time in Liege, Belgium together with his son John Val in which he asks that we request you to "eredit the "Dollar Aecount! of the Bank of the Seciete Generale de Belgique at Brussels for account No. 140 of the Compagnie des Wagons=<Lits ata the Societe Generale de Belgique Bank with the gum of 439.50," "Sleeping Liege") at you the eable Cooks time you make in For your information, his son John Val to this country on the Queen Mary next occasion to call on you. Thanking you for taking kind personal regards, care of this MAB/eo/aw cet Val AIR MAIL A. Browning A. Browning deposit. expects to August and matter Sincerely, M. Liege the for us return may have and with J.M.a Boite M.S. Postale BROWNING 22, COMPANY HERSTAL-LeEz-LIEGE, Belgium December 7@ - H,. “7 Saylor, 5, 1947 2 Vice eigen anch saylor? indeed sorry to know that 1 the near future. Val is sai 1 and will feel the As you know we your letter of have always enjoyed our ship with ‘you and as we have are the gone along tl already well acqua mentioned, as we paunee accept piness. th kind er the members uehout . have anxious our personal best regards, Sincerely lst. relation+ of the Che Chase Naftonal Bank OF GEORGE THE CITY OF NEW YORK H.SAYLOR VICE PRESIDENT December Dear Mir. 1, 1947. Brownings: It is my plan to retire from the banking Your acshortly ites January 1, 1948. one of the oldest on our books and we are proud of the relationship. In leaving, my greatest regret is that I shall be unable to keep in active touch with you bank with years. whom You and the I have are many been acquainted other friends associated for of the with Mr. Louis C. Holl, so many Vice President, who, no doubt, wil iis succeed me, you may be sure that not only he but any other Officer of the Metropolitan Branch will Satna opportunity to be of any possible the With kind future, I am remembrances Mir. M. Vice Je Ve. Ogden, A. & M. Browning, Utah. S. Browning and President, Co., assistance. best wishes and Ba a % x _ anes )- S 2 a Aa 0 0 3 f Z b )- OF Ss CORNER YORK aa NEW F , ul I Lb be 0 STREET pany ay = a S & nary S PINE NASSAU 15,N. Y. IN REPLYING PLEASE REFER TO Mr, Louis C. Holl, Vice Chase National Bank New York City, Dear Mr. Holi, Replying to apologize. our account in due time The Belgian New Pres, York your letter of April 30th I wish to The advice which you sent to us charging with the amount mentioned was received and was handled on our books accordingly. bank must have failed to notify Val. With kind personal regards, Sincerely, M eoAs MAB/co/fs , Browning e @ Che Chase National Bank OF METROPOLITAN FOURTH AVENUE NEW YORK Louris C. FHE Crier @F NEW-TORK BRANCH AT 2382 STREET I0O,N.Y. HOLL, Nem VICE Mr. xf you J. Me Mr. 30,1947. Yice President, & Me S. Srowning Ogden, Utah. Co., Browning: I have requested The 3lst. April PRESIDENT M. A. Browning, Dear Pork us of April 28 regarding made promptly on April personal regards, I am your to transfer letter make was for the account of the the transfer company the 2, on March date we received your instructions, and as you will note from the enclosed copy of a letter 1 sent to Mr. Val Browning today, cable According to our records, we confirmation has been dispatched. Pretransfer and debit. of advice the of did send you copies you. reach to sumably these advices failed Witn kind Yours very P s LCH-H Enel. Air Mail. truly, pee ew a yy og Vice reget a é 4] 4 L President. THE @. sc OF NATIONAL THE CITY OF NEW Metropolitan YORK Branch April 30, 1947. Mr. Val A. Browning, 79 Quai de Coronmeus Liege, Belgium. Dear Mr. Browning: that he has M. A. Mr. received ceived no word from tickets. account Belgium, des Uteh. According of the Bank the Wagon—Lits a cable Chase sum of $1,129. our raga by order of g the ) for ac \that & J. &@. : for pre-payment effect have re- steamer ~ of #140 of the Compagnie Lo]By Browning Co., Ogden, this credit and bank confirming . I hope that by t will have received such advifce, but\ toush with the bank. you that there was credited to the dollar renerale de Belgique; Brussels, notify correspondent_to With kind person stating you from re to our of the/so Today we have cabled requesting address. has |just written me to the Browning if you above the at by wire s letter reaches you you not I suggest you get in T am Yours very truly, ee Yi 7 if y if J " 4 / bf f- f ‘ f fp 2 x a a — f Louis C. Holl Vice President. MISC. 83-42 18 ad meet ate Bi f4 ee 4uv you 7 wo? « ae a rn * ey > wok & & le opie ‘a aed @ wer Ferry Be ugh & f te ‘ a2 we 8 e rs eet . apes sity 4 Es My’ tg ad dis ‘fe re ooe - Searle now . aoe 2 P ktod. « bs ww — Samer bowers / . CLASS OF SERVICE This | < : -s SYMBOLS is a full-rate DL =Day Telegram or Cablegram unless its de ferred character is in- | ; Sts Soe XN dicated by a suitable symbol above or pre- ceding the address. A. N. WILLIAMS OF CHAIRMAN PRESIDENT f _ The filing time shown in the date line on telegrams and day letters is STANDARD VET A OZ AMACD ~ mess ee od < f Th ase THE COMPANY ze 3t84 EVa a WILL , NEWCOMB CARLTON 4 . pant APPRECIATE Vi A TIME at point of origin. < Hitt fy A ! VEA~WUCABLI ? ? a it ; SUGGESTIONS ‘ Sanat FROM ITS . . PATRONS NS VICE-PRESIDENT Time of receipt is STANDARD — SB ao. €F 5 _ = F359 «ez CONCERNING v Letter NL=Night Letter ae LC=Deferred Cable J. C. WILLEVER FIRST BOARD THE - } . ij ; [TS SERVICE NLT =Cable Night Letter Ship Rediogram TIME at point of destination ‘ ’ wits ey é é ew wr £ March Mr, 79 Val Quai Liege, A. de 31, 1947 Browning Coronmeuse, Belgium - » Dear Val: Just received your letter of the 25th relating to a transfer of funds, and 1 am inclosing herewith a copy of our letter to the Chase National Bank. This will allbe charged to traveling expenses. I cannot see why the Company should not stand such expenses, especially where extended trips are required. All three of us came bick from the mine with a good Briefly, we are swamped many questions in our minds, with our various affairs, and I am personaily grateful for the relief that I can see Big will be giving me. Hoping all are well. Sincerely, MAB/co/hm March Louis CG, vnase Holl, Vice National Metropolitan New-lork 10, 31, 1947 President bank branch New lork vear Mre Holl: irom #@ are in receipt which we quote: an New BANK >on oe "Will lork, OL be UNE re, -~ oe you oi please creait YOCLielYe 2a ej a i yn letter fron have Chase the the "Dollar YWeneraic ee se. ia Ge 8 Val A. National, Account" jelzique Coe 4 Browning | . Lr of aU ey 4 the oruse ‘ th oo sels ior account No. 140, of the Compagnie ues wagonsS-Lits in the Societe Generalede belgique bank one che s & WLLL ‘ eeP with hundred Pa Our a? ~ os £ you we the sum ¥ Part "4 ¥ Te he hE NA he a of twenty account. . oe ‘}~ 91,125.00 (one five)." oy Gal wee in xe ry 3 es Ys eo * Ouv A Thanking : a lw pe, ae ke VNEeSS 4? £37 4 ry thousand oo + era s 4 3% oe LASUPUCTICNS Seats and | JOUes truly, ; rant OAV Marriner Vice A. Browning rresident Ul THT) C\TUTRT Sead 1 ty TAS BROWNING » ‘ Marriner aed — “4 3 ct @ lu € ¥ I> iJ Vw hs KK > c Ream b t of ox) fo > in Bank 4h the the ef me pe CO re: © National, iv _~ &: © c & @ C2 fa ~— ‘p rr Dear Bldg era ; twenty five).) 16 America’ sadling Y ¥ . 1 pay ™~ ™ ~ «% rd ‘ fee + or 16 Chase {> ‘ 4~ cable " this “; ¥"5 when ax Ann a bit t to: : “ pay Loz roourg , , notii 7 traveling far 18 0 Q on Cc rk , Must be pe i Wagons-Llits Cooks - ? 1 c y deposit pen with g Ls AS50 | would : pprecia te. reserva Hone & back, . made, 2 Sri q if Try yé January 17, 1947 Louis C,. Holl, Vice President Chase National Bank Metropolitan Branch New York 10, New York Dear Mr. Holl: keferring to your letter of the subject of safe keeping we are at present following of handling our securities Hoping that New Year, you have the 9th regarding facilities etc., our usual practice with our local banking institution. Should we decide to avail ourselves of facilities in the East, we shall most certainly get in touch with you, MAB/co/faw a happy and successful Yours very M. Browning A. truly, Che Chase National Bank OF THE CITY OF NEW YORK METROPOLITAN BRANCH NEW YORK IO, N.Y. January Mr. Dear M. J. Mr. A. Me. Vice Browning, & Ms Ogden, 1947. President, Browning S. 9, Utah. Co., Browning: You will no doubt recall our corresoondence of last April with Reerees to safekeeping here in New York. facilities for your securities g Dangers fr om you, and I was I have heara r neo the idea or whether wondering if place you had decided the I sincerely hope that but rather that you hav: making the change With as kind ae lat elsewhere. | siness ye’ personal Very truly yours, a ~ ge f OLS a UE & MZ? é 2 Cit fl a, y/ ao V4 pO » i” a Louis ©. Holl Vice President ae % _,) 4 Z ne é a ~~. —— @ = Che Chase National Bank OF METROPOLITAN THE City Of NEW N pm Purk YORK BRANCH NEW YORK oeney Louris C. HOLL, Mr. M. vice A. Browning, Je Me & Me Mr. account Vice Si Ogden, Dear April 9; 1946. PRESIDENT President, Browning Coes Utah. Browmings: I am glad in New York, learn to that end nothing you are opening contemplating would please us then more a custody you name to have Our Securities Department here at the branch is well us as Depositary. equipped to handle this business, and at the present time we have a number of custody accounts from corporations who especially like this service because of the facility it affords in effecting security transactions. In connection with each such account opened we require a resolution Presuming that the account is to be carried wmder the same and agreement. neme as your checking account, I have prepared a sample for your guidance. Upon the return to us of two exeI am also enclosing a schedule of fees. and send one to you for your agreements the complete shall we copies, cuted records. | The usual procedure is to register stock certificates in the name At the same time it of our nominee so thst they are in good delivery form. enebles us to control the collection of dividends. Bonds, of course, are held in bearer form. local I presume you intend to continue office of J. A. Hogle & Company. No placing your own orders with the change is necessary in this ar- rengement. All we require is an advice from you in connection with trade end instructions to charge your checking account to cover the eny securities purchased. account in accordance with The the proceeds terms of T have tried to cover the the opening of a custody account by I have overlooked, please feel free you. company, Looking forward to this end with kind personal of sales will be credited the custody agreement. to your points which usually arise when discussing a corporation, but if there is something to ask whatever questions may occur to opportunity regards of further in which Mr. Yours very t— your truly, P J serving Saylor joins me, GO LCH—H Enels. eech cost of CCLLA COT ™\. Vice yA Sia ~ fo Le eee athe President. good I am A ipril > i hy # a second ne 3 New Fe A @ Vi GO Q 4 Lg 72 ¥ & Willi se ~— AT it Louis Ss ot 5 vio he1 Na -—o EF se < 3% York ee Be Qh ade % tee a ome he SS jy ey QUL 44a 4 he ™ we $0 a f SeCCUPrLvLLGs i WSGSER oF ee ase ‘ CS WAS : e aed my wy Gi 4070 in 63 3 Sah « tie «2 ee < ‘Ps oO 2 Be tiitafez ie oY fm ‘8, i 2 vie{> & ¢J Pa 5 373.03 b V7 — a LCL : on ek Pt he ee Oe 6 | an 9 delivered “Street a G broker handling ties deal rte é a OITA arises ‘ C2 PL ee transfer. , Ce serve on ey Ee ty usWE Ui orn oe LEGA Lay o * ea 8 ) hel form, with RY Js» od , mu by é ‘1 1@ rok: * our order wae securities in & as to the ad be It may but held one in you will andéj tii Pe o bal a f G ; moe fi } ea 7 iow Yours ta wer be icnow in Metis ti th CVE Wi order heres . yn ake & possibly beg ® % very en be 2 Pa inter name best to best. FPt PA ‘dit ELA nose for ¥ hy the gen wi 1D Orraj has a» Be aaj 16 THE CHASE OF THE NATIONAL CITY TRUST OF NEW BANK YORK DEPARTMENT Schedule of Fees for Custodian Services for Foreign Individual Accounts, Domestic Individual Accounts and Domestic Corporation or Partnership Accounts and Accounts of Fiduciaries. For holding stocks in safekeeping: 4f per share per annum 3 per share per annum 2¢ per share per annum 1% per share per annum on the first 5,000 shares held on the next 5,000 shares held on the next 15,000 shares held on all over 25,000 shares held For holding bonds in safekeeping: $1.00 per $1,000 per annum on the par value of bonds up to $500,000. .75 per $1,000 per annum on the par value of bonds on the next $500,000. 50 per $1,000 per annum on the par value of bonds over $1,000,000. .25 per $1,000 per annum on the par value of government bonds of large denominations, as well as registered bonds of large denominations. .10 per annum on each $1,000. face amount of United States Savings Bonds held regardless of Series and maturity dates of the issue. Our minimum fee is $2.00 per annum, or for any fraction thereof, for each security issue held, which fee applies when the holdings in the entire account do not average at least $2,000. face amount of bonds of each issue or 50 shares of stock of each issue, with the provision that the minimum fee shall not be less than $50. per annum, or for any fraction thereof on accounts of individuals, Partnerships or Corporations, and $100 on accounts of Fiduciaries. Accounts consisting only of Savings Bonds a minimum fee of $10.00 per annum on holdings up to $507098. face value regardless of Series and maturity dates of the issue. For receiving securities with or without draft attached against payment or against receipt; for delivering securities against receipt or payment, for effecting transfer, registration, subscription, or exchange of securities, security issue involved. there will be a minimum | charge of $1.50 per transaction for each The term “Security” shall be interpreted to mean stocks, bonds, rights, and scrip warrants, whether in temporary or permanent form, and all other negotiable or non-negotiable paper commonly known as securities in banking custom or practice. The above fee includes semi-annual statements of securities held. Any additional statements will be furnished upon request at a charge of $2.50 for each additional statement. For effecting transfer of securities from a fiduciary name, or transfers documents, there will be a minimum charge of $5.00 for each transfer. requiring For services other than those indicated above fees will be quoted upon request. P.TR. 43 1-44 legal f December Mr. Louis The New Chase National Bank York 10, New York Second C. Vice 17, 1945 Holl, President Dear Mr. Holl, Referring are sorry the error Wishing and with to your letter of that our auditors of double payment you the kind Compliments personal of regards, Yours MAB/co/fs the 12th, we did not catch by you. very the Season, truly, = ae Che Chase National Bank Ce METROPOLITAN EE CEP OF ANCES VV. YORI. BRANCH Nem Work 10, Mr. decenber 12, 1945. M. A. Broming, Vice President, J. Me & M. S. Browning Co., Ogden, Dear Mr. Utah. Browmings Under date of October 26, 1945 we informed you that we effected cancellation of payment order of July 11, 1941, for %200. to Charles Delvaux and Noel Woit, Liege, Belgium, and had credited had the account of J. M. & M. S. Browning Co. a like amount in refund. Our auditors now call to our attention the fact that this order was cancelled on November 15, 1941 and your account credited on that date #199., representing the principal less cancellation charge. Examination of our records discloses that the account of Broming Bros. was credited with $199. on November Browning Co. to the credit entry trust Naturally you have we regret very much this error on not been unduly inconvenienced. With personal the Co. circumstances thet we are reverse kind now charging regards; the of 15, account 1941, October of J. 25, and under M@.&M. 1945. our part S. and I am Yours very truly, ra Jptt!tA ££ VA Lem /OP-C__E ie C. Holl Second Vice President Ohe Chase National Bank OF THE CITY OF NEW YORK METROPOLITAN BRANCH NEW YORK 10, N.Y. Netoher X, V5 ~& {> & > Y/ OF LOD e Dwracs Eas RBrorning . . a : Referring 5 to * ‘ ~~ : to t sed oll our the payment Charles ey previous : order Delvanux and correspondence a of July Noel. 11, bit: ee now effected cancellation © 4 4 1 £ have credited the account of J. PADL r=-Ce enclosed Advice of + 2 : , K re > e ~ ecret ig eine = 4 5 in refund. Credit as e a that it a to pon sue by Vv JF has > . spvnarentiv ~~ Lt X = ee &. & 4 had |]2 i1cense N = kind personal Fnel. & >S 2 emen its TAS & - aoe ich we red 4 ’ ge uke Wo’ U, 4 % op eS regards OCs a . : aoet a « tra] With LCH—-H tak Ame transaction, the ste certain i. & Pt 5. Ls % : < B CON PF indicate: fe & s¥} ; ry 4 Ye = > > Dna c ' wet = os ake (Jie Nat4 sO ts » {> anc Ra BIS } 2 dJCE iiMletropolite in 7 de we ¥ Ne VW Xe Attention f, nir flit, om gary ae ¢ Branch, 8 | Lis * Mr. q T sa ie 2eCGH Fisns Dear ffs Mr, have lst. been Ne Louis ‘ i nid ke Co Holi. * za {ent Vie 9 tT Holl: a thank you JI am it Tt May AT LO, delivered for your letter of thas Pr $100.00 each tc srs. Delvauz and Woit in 4 LiLOGEC» since “thines seem to be opening up so that I expect to go to Lieze before very long, I shall not ask you to make any further payments to them at this time. Che Chase National Bank OF THE CITY OF NEW YORK METROPOLITAN BRANCH NEW YORK IO, N.Y. Mr. V. A. Browning, 1, 1945. President, J. Me & M. S. Browning Company, Utah. Ogden, Dear May Mr. to Mr. Browning: On April Charles 18, Delvaux, Woit, both at #79 We have Belgium. our correspondent been effected. 1945, and we cabled $100.00 $100.00 to Mr. Noel Quai De Coronmeuse, Liege, now received an advice from stating that this payment has Yours A Pa truly, ‘Lo LE cio LLM. AD Pe sigeCHO Setond Vice Et President Che Chase National Bank OF THE CITY OF METROPOLITAN NEW Mr. YORK NEW YORK BRANCH IO, N.Y. April Ls. 1945-6 of April 6, I am Val A. Browning, President, J. Mo& Me. S. Browning Vompany, Ogden, Dear Mr. Utah. Browning: Supplementing my letter now happy to inform you that cable communication has been established with Belgium, and we have today transmitted an order covering the two payments of $100. each to Mr. Charles Delvaux and Mr. Noel Woit. We have taken the liberty of charging the account of J. Me & M. S. Browning Company as we did in connec— tion with the payments we made for your account some time ago, and we assume that this procedure meets with A detailed advice of charge is enclosed. your approval. payments, apply for Should you wish us to make any will you please let us know so the necessary license. Nith kind personal regards, I subsequent that we may am ouis ©. Holl econd Vice President. & a Che Chase National Dank Ore METROPOLITAN tH Ee. Cult eC . NEW: N par Dork 2x. Ke BRANCH Mr. Vel A. Browning, J. April 6, 1945. President, M. & M. 5. Browning Veden, Utah. Dear Mr. 16; Co., Browning: Under date of Februery 14 I wrote you to the effect that we were not in a position to make support remittances to Belgium under General License No. 32. Unfortunately there has been no change in this Situation with respect to payments by cable, but I thought it best to let you know that we are following the metter. Under date of March 15 we received Mr. Charles on April License Delvaux 14. Although No. NY-684654-R, permitting and $100. to Mr. Noel Woit, you that cable Paris, but so far our to get through really ficial mail, have seen has been efforts have an advertisement re-established misleading, inasmuch as up to this business only. We have also tried however, able may communication that within we have but unsatisfactory luctant to met with no success. It is possible to make course of the next found through experience in view of the uncertainty followit unless you in the with Belgium, papers this time at least it is for to cable through London the from Paris. us to remit $100. to which license expires week that of particularly We do think, or so this method is to so. the mails, want us we is ofand should payments be by rather and we are re- do In order to avoid any delay once communications are open, we have filed an application to extend the present license for another thirty days, end I hope we shall be able to effect these payments within that time. With kind personal regards, I am Yours very truly, ee “Louis Second CG. Holl Vice President. & @ Che Chase National Bank OF METROPOLITAN FOURTH AVENUE AT PEE. -C PRYGOF NEW seO RK BRANCH 232 STREET Mr. February 14, 1945. to remit Val A. Browning, President, J. li, & M. S.Browning Vo., Veden, Dear EO, Dor Nip ny Mr. Utah. Browning: $100. Charles Delvaux and Belgium, as soon as of February 9, requesting us to Mr. Liege, lations Although it is true that General relating to trade or commumication Ruling No. with or by Il, covering reguan enemy national, We have your letter both a similar amount to Mr. Noel Woit, it is possible for us to do So. was amended on February 2, 1945 to the was amended on November 4, 1944, and extent that of of Bel- that portion gium within continental Europe is no longer to be considered "enemy territory", arrengements have not as yet been established to effect support remittances to individuals in Belgium under Generali Licenses Nos. 32 and 33, and unfortunately there is no indication as to when such In the case of France, General Ruling No. ll plans will be completed. it not was until November <2 that ,We shall, however, we were in a position to make the first payments. receive some defiwe keep your request before us, and just as soon as nite information we shall apply to the Federal Reserve Bank in your behalf for the necessary license covering these payments. ditions made Inasmuch as there has under which remittentes under General License No. been no change with respect to the confor necessary living expenses may be 32 as amended, namely, it that must be by an individual to an individual, it will be necessary for us to follow the same procedure as we did with respect to payments we made to these Rest assured that we shail doeverything we can individuals during 1941. to expedite these payments. With kind personal regards, I am Yours very truly, Louis Second ©. Holl Vice President #8 bruary “it Rong & moe a| hs ste he o% ~ a u d th} , « T\i ee bJ shes Lt One t., ras iy a4 Cx & Pry. Vice Holl, gmecond : BE unk; Metropolitan gp ya ey St. i, 9 aid ¥ ix @ » LELUM. See Recently 319, Vir tia r Now ey ¢, tention, and we Lint F aes t. Le rag Agr 4 Pee os be CA Lis a « ry * 7 A iae 7 G nie a Le $ ne vals BY neral <34 4 Bd LA 4 ; beEoNat rT? —— oe ret ie 1 — heserve pe that the +# Elum. may on, ne ta Nae Tn 9 wat it10G-« . om “ea 1] i KO i "As ea whee pits asad eve tr is wy ai & € + $500 «O00 } Ps through *, h‘ ~ of you eM td oy . rd nen’ b S * wal na ms & 100% a b. Ae 3 ve ales th oOnth to ghannels Sng "oT DOT S.d02 33." have } fa a come thi: din gee: ey £3 Le § iS 00 to Delvaux quai de Coronmeuse Lai eee, Belgium ¢? Q# a oh oy pLOO in e 00 My n™ a vO iLitt 2 s j Fe ; i iy ae arid. nue No 4 el & | voit Le Ly oh Ux, Ps ae | AB2Gares Le ft ssible Shy, oe Pry “7 ¥ iy <e wanes : fa ens Ras eoge ¥ PRIS Ld | Joh Mus © By, Li Les mes 7% 1% “ “Ee Uner Fy aneds SC ? ‘4 ais soon to Charles 8 to you on lette heigdgnige “4 nc LS and vo os >» sunas made . Woit and C No 3 S41 z fOreiegn note F to iy last ii remittances would MS account 31, £3771na So b Golde dhs “~ By 3 pay Ceral a Ae : Licen ses e E establish support owed ee oh or Balt Sait he tds ad 3 Oey YOu i 1S LL wae for % Branch, + ihe York o President be eee oo, Be: fa 1945. 4 a a vrs : ns cc’ 9, i: E86 oY He ery “ i e9 =? sae vi ray Wal wl J Pera Boa “yi ee : Wi fea SL 4 weet 5 fg 6Si don ee Kx a3 |Lada Se wm * a i! bh & one ” ind § a a SR 5 aie “EAR at ole . F &e ¢ & i @ cA > ) Ee! ould ~~ %. yt E J t RS ory dade bea sn, ae eS © Che Chase National Bank OPT HE? Cit ee OF N EW Ya RIX TRUST DEPARTMENT I! BROAD STREET Newt Dork December 28, 1943. IN Mr. Marriner A. Browning, Vice President, J. M. and M. S. Browning Company, Ogden, Utah. Dear Mr. REPLYING PLEASE REFER Browning: Plans. We have prepared a summary a copy to you today under separate find it of interest. on this cover. subject and are sending We trust that you will If you are considering the establishment of such a plan, or the revision of an existing plan, I am sure that we can be helpful. The Chase now serves as Trustee under employee benefit plans invested in securities, individual annuity contracts and group annuity contracts. vices ield. The appointment of The of a responsible financial Chaseas Trustee secures the institution experienced in this Your good compeny has maintained an account with our Metropolitan Bramch for a number of years and we would appreciate very much if we might have an opportunity to be of service to you any Way. Yours HJF-CH very < truly, _asmond Second B. Gardner, Vice President. TO o & Che Chase National Get hE TRUST DEPARTMENT 1! BROAD STREET GLY OF NEW Bank TORK Neu Park ny 33, 1904. IN Browning, Vice REPLYING PLEASE REFER President, M. S. Browming Company, Ogden, 2 Dear Mr. Utah. Browning: Some months ago summary, "Pension, Bonus and that it might be of interest we forwarded to you a copy of our Profit-Sharing Plans", with the view to you. As we have heard nothing further from you in regard to the matter, we were wondering whether you have such a plan under consideration for your organization and if there is any way. in which “Marea WMleT we might be helpful to you. The Chase now serve a ¢ various types of employee benefit plans and we would welcome an , - onvortunity to serve Please assistance 3a1 and you be we in that assured J e there that if you will be Yours very that ~ ) “| i. + ‘ New ake capacity. would trust bw most happy truly, 2 is to call any place upon way —s our in 4 which 2 ~ 4 we Kr facilities TO Che Chase National Bank OF THE-CtTT OF NEW February GEORGE H.SAYLOR VICE Dear TORK 10, 1944 PRESIDENT Mr. Browning: We take pleasure in calling to your attenOur records indicate that tion another anniversary. your company opened an account on our books forty We value this long friendship and years ago today. hope that we shall be doing business together for many years Cciates, to With 1 am come. kindest regards to you Sincerely and your yours, a eo Vice Mr. M. A. Browning, Treasurer, J. Me. & M. S. Browning Co., Ogden, Utah. President asso- February > He Say LOY y Yi New York Na tiona L Bar city, Yew 10, 1944. York. 7 you kindly for your note, call our attention to the fact birthday of our account with you forty years ago. We, Like you, have " pesetved a good deal of satisfaction out of our Long~standi neg connection and friendship. % personal regards sincerely, Vice President. LEC 3 Pal 3 > he LAGS * 2 = > ?% a bl t Die 4 : Pid z ee 4 £3 ee Pe dite, Sp eee T% Stl ELYis ~4 nt AGC OU! Anda 2 VF me 4 y ta 3 iT> ort = Pras You ai whee » 194 aw. sie wv ong wer i We § = ri©) ert wf ified > ie Coy F te8 wy ©) a tae | ae wC holefice oO ere} Fite | © a on a i x eS the “ve £3 ee a our & cs the ta oy ~y “”" * a Se . } aleidle So Sooke 4 eet GE bad ms Ps OHP¢e = i | es 6 i at ri ie who honor bal ay TLCS bis | i O ert &3“4 te? ar ats £3 9 . shSs a on , as do 4 SY elle rs) “2 yorTy oe Oe our re i ; ranoaral 64 7 Mit’ » DEeCE lee© i's esta’" | = ihg of Dece OS rs ue B Yours mn, of OF ed ve i teiF truly, ss be’ . - Che Chase National Gank —— * OF THE CITY OF METROPOLITAN NEW Mr. er) NEW YORK BRANCH YORK,N.Y LO september 23, 1943. a request, signed by Ogden, Utah, a report of the balance your credit as of December 31, 1942. We M. A. Browming, Treasurer, J. Me & M. 8S. Browning, Ogden, Dear Mr. Mr. H. Utah. Browning: We have Steckel, and Baxter, standing to just presume that it will Steckel's signature; included received that we forward among those Mr. Saylor to Scholefield, Wells be in order for us to accept Mr. but inasmuch as his name is not authorized to sign on your ac- count, we shall appreciate it if you will let us know whether it will be proper for us to do so. If this verification is urgently required, please feel free to wire us collect. , regards. joins me Yours in sending very kind personal truly, ™iguis C. Holl Pmecond Vice President ~ oe Che Chase National Bank OF METROPOLITAN FOURTH AVENUE GEORGE O CikyY. THE’ RENE WitORK BRANCH AT 238 H. SAYLOR, 10 STREET Mr. vicE Marriner J. Me Dear Mr. A. & M. Ogden, Browning, S. Browning Vice Utah. July York pat Ni PRESIDENT Co., 30, 1943 © President, Browning: You have doubtlessly noted in the public press that the Third War Loan Drive is scheduled to start on September 9th. Believing you will be interested in having a copy of the official release by the Treasury Department, I am enclosing one. We are anxious to cooperate in this effort and render our best service to you. with the I would Third like War Loan to facilities when the time tion. Should you prefer handle Drive is to and your opportume file your this time for the 2 1/2% or 2% Bonds, Indebtedness, we will hold the date of the opening of subscription hope you will connection our for placing your subscripsubscription with us at or the 7/8% Certificates it to become effective September the Third War Loan Drive. Yours very truly, ~ Tice Enclosure. in consider President 9th, of J eae CLASS OF SERVICE EL This is a full-rate Telegram or Cablegram unless its de- | . peed ch aracteris in- S E J R . | nies Letter NL=Night Letter nonia dedi oS | ceding the address. A. N. WILLIAMS NEWCOMB PRESIDENT CHAIRMAN OF THE The filing time shown in the date line on telegrams and day letters is STANDARD TIME SERSWUX RAKHA26 3 10/8 iV S WNING BR BOARD COs es. J. C. WILLEVER > FIRST at point of origin. NY NEWYORK I af VICE-PRESIDENT Time of receipt is STANDARD 2 310P AL4 DA LD A THE COMPANY WILL APPRECIATE SUGGESTIONS FROM ITS LC=Deferred Cable (8376 CARLTON PATRONS CONCERNING NA ITS v SYMBOLS SERVICE 1 ‘\ Ship Radiogram | la TIME at point of destination CLASS OF SERVICE DESIRED DOMESTIC <}. CABLE TELEGRAM ORDINARY DAY URGENT RATE LETTER SERIAL DEFERRED NIGHT NIGHT a WESTERN UNION Patrons should check class of service ; otherwise the message will be transmitted as a telegram or ordinary cablegram. f CHASE NATIONAL METROPOLITAN 4th NEW WHIEN AVENUE YORK, AT NEW HARTF ORD July 28, PLEASE WIRE TELEGRAM 1946 BANK BRANCH 23rd YORK STREET DEPOSIT IS MADE JM. & M.S. AMOUNT. BRO NING COMPANY © = Che Chase National Bank OF ARTHUR Tee W. McCain VICE Mr. Nem cor SEWN ees Pork July 16, 1943 PRESIDENT M. A. Browning, N. WM. & M. Ogden, Dear <Chey Mr. S. Vice President Browning Utah. Company, and Treasurer, Browning: We have today received word from Lawrence Freer, telling of his very keen disappointment in missing a visit with you when he was in Ogden recently. We always greatly enjoy seeing you and certainly hope for better luck next time. In writing now.I. want to take the opportunity to tell you again how appreciative we are of the very handsome balances which you are carrying with us and how happy we are to have this fine relationship. If there is ever any way in which we can be of help, we count on your letting us know. With kindest personal regards, I am Sincerely, — OMIhKVice President = April 7, 1943 Mr. George H. Saylor, Vice President Chase National Bank, Metropolitan Branch 4th Avenue York, New Dear Mr. Saylor, New at c3rd York Street Replying to your letter of the 30th, it has been the policy of our stockholders to subscribe to Defense Bonds for some little time past. As such matters go out our way, we believe their subscriptions have been quite generous, comparatively speaking, and doubtless they will follow the same policy so long as the War is on. I refer to subscriptions made by our stockholders because our company unfortunately happens to be a personal holding company which, as you know, is forced to pay out all of its earnings in dividends. The present large balance we have with you is made up largely of reserves for taxes for the company and individual stockholders as well as reserves for dividends which must be paid in order to avoid the 100% | personal holding company penalty tax. A comparatively large sum also consists of money derived from the forced liquidation of our commercial Arms business which was caused by War conditions and the cutting off of our supply of guns by the Government. It is our intent to hold this capital intact in order to re-enter the commercial gun field as soon as conditions permit. | Thanking personal you for offering regards, your assistance, and with kind Vice President Sincerely, M.A. MAB/co/fs Browning, & & Che Chase National Oa METROPOLITAN FOURTH AVENUE GEORGE Et et. we hes Oe SLEW Bank Ore BRANCH AT 232 H. SAYLOR, STREET vicz Nya PRESIDENT 30, March 9 Dork % 1943 Mr. uM. se Browning, President, J. M. & M. S. Browning Co., Ogden, Utah. R Dear Mr. na B for the Second War Loan have been announced by the Te The goal will be $13,000,000,000 to be raised easury. Brief folders are enclosed describ— a April 12 and May 1. are to be offered for sale, and which issues various other pertinent information. this The banks have been recuested occasion to do everything within individual corporate and Second War Loan. ber of subscribers depositor is by the J. 5. Treasury on their power to see that each to urged is especially desired that found than participated in It be in participate the a much larger nunthe last loan. You probably have been or will be approached by your local The banking connections in regard to this Victory Loan Drive. ' Treasury Department has RueEer eed that it desired to avoid, where sossible, the shifting your balance with from one part payment for your subscription, regards, I am another, in payment of the suggest in this connection of be very glad to us handle With kindest country of the of balances in your We would larger subscriptions. thaat, if you are planning to use personal «subscription Yours very for truly, that amount. | like to any part would A 3 <i Jo LA, gy LG “a Lay G Y Sea Vice we to / f aol oe President. “A ( si Che Chase National Bank OF METROPOLITAN FOURTH AVENUE AT he Beto: OF Nee We ¥ © FUR BRANCH 238 STREET bik | bu Browning. i 7 AYN uy .* THD »f +} Decem Sac YW vont Wel } a ; as . or > yotT LA a 3 peen ~ ay 1 mma 8 Ww Yt ag osy EE rererrea ni Cc e > yy T QO pe 32 nies to Ri nis ye sti. me. s ¢ POLO —— mA — we fo “__ i CZ (LLL - a ‘i 7 a | pe 5 Quip ct Sa ke CS Ps 92 ” FO] wie f te D Che Chase National Bank OF THE CITY OF NEW YORK METROPOLITAN NEW BRANCH YORK, N.Y. December Mr. M. A. J. Me. Browning, Vice & M. S. Browning Ogden, Utah. Company, Brownings December As requested in your letter 22nd we have been pleased to Our account advice of the credit totaling deposit is 1942 President, Dear Mr. to your 28, of credit $419,664.28. enclosed. Wishing you and your associates compliments of the season, 1 am Sincerely the yours, a s a a a J nas Se yg Ft es ” “7 PJ AX ce Scylot < Vice — AL President — 2 f December 22, 1942 Chase National Bank Metropolitan Branch 4th Avenue at 23rd Street New York City, New York Attention: Dear We ir. are George H. Saylor, Vice our deposit for Saylor, enclosing which should be the J.M. & M.S. We maintain the various credited Browning balances on individuals $ 419,664.28 back to the Company. account of our company books for shown on these checks. Yours J.M. By MAB/co/fs President & very truly, M.S. BROWNING M.A. Vice CoO. Browning President saylor, “ne £% 4 WA TOO 6 \ L1@ ¥ 8 ar. 7 * | 7) ££? 5 = oh ae » al) Ju Py alps a y p. %B. he. Bk & oe orar "23 y meee « Ree 5 y : BE af Tale Yo * % ] Me > » Whe i ee ee FOR aa @ © Pan York cs ee eS aes | 3 ~ ~ a. ua bale 24 Bea? Cited * wy a ry ' craricde he, > x ae ih Ek Fos . wn © {3 i? h e or” ws LOL prety 4 tar 3 er oS Setyr V Sede ¥ ew CATs a g $" ea a ae 7 y “i « lu fe’ O12 Deposi@ in the METROPOLITAN CHASE NATIONAL New BY JM. & M.S. OGDEN, UTAH Checks as 1-74 3 Duplicate BRANCH BANK York BROWN ING COMPANY DECEMBER 22,1942 follows: 67,650 ,00 13,500.00 15,000 ,00 7,000.00 19,000.00 10,000.00 20,000.00 2,900.00 2,000.00 L7, 750.00 2,506.00 Total 419,664.28 &,000 ,00 2,000.00 2,500.00 20,250.00 &,700,.00 2,700.00 o,700.00 i? 2 90;,00 2,900.00 S500 200 &, 000 500 6,900.00 15,000.00 5,650 .00 id, 1G0.00 16,900.00 51,950.00 1,000.00 4,500.00 4,500.00 4,500.00 4,500.00 ol ,400.00 28,150.00 5,000.00 28,650.00 2,000.00 2,000,000 2,900.00 10.000 ..00 oy yi42,86 2,142.86 2,142.86 2 L446 4.86 2,142.86 : C ‘s sOULsg, but * “it ui Bn y t AY 3-9 ory Ye wks ;ad asta ih ta deTet Rh rns + ro en f Bid Sid rs Cad Hod ale y =~ a fOr i ~ whee be | ; « ¥ 4* _ LHS = Che Chase National Bark CO METROPOLITAN FOURTH AVENUE GEORGE ee God ee iN EW OF BRANCH AT 238 H. SAYLOR, STREET Mr. Dear VICE PRESIDENT Npant Dork Decemb SF aL» L9LZ1 M. A. Browning, Vice President, J. M. & M. S. Browning Co., Ogden, Utah. net Mr. : pe ine Browning: Ste Tey Fx aS na eee ‘ p pee pe ae Nae A ihisOe will acknowledge receipt ofYapyoura Ga letter ofva) Ae EE A? epee 7 oe sale OF Ti Aer Ss ee 22nd in which you enclosed a check of Browning Company drawn on this bank to the order ofs 5 ig deiocts December Brothers Can "Deposit to creait Browning Co." in the amount of $550,000. ‘This check has been credited to the account of J. M. & M. S. Browning Co. and we enclose our advice of credit. This transaction will close the account of Browning Brothers Company on our books, which was reopened on December 22, 1941. we have noted that henceforth all Colt's will be made for the credit of J. M. No doubt by this time you have given proper Very truly remittances from & M. S. Browning Co. instructions to Colt's. yours, }[cam Vice ag Presiéent & = Che Chase National Bank OF METROPOLITAN FOURTH AVENUE GEORGE AT Fk Ree +b i @-,.. NEE YY ORK BRANCH 238 STREET H. SAYLOR, vice PRESIDENT Nem Dork December 23 i~— §% 1941 A. Browning, Vice President, M. &M. S. Browning Co., Ogden, Utah. Mr. Browning: ee dea esolution on December my letter of December 22nd, we and completed signature card bearing specimen signat oificers authorized to sign under the resolution, were by us this morni ng with your letter of December 20th. “ § as, card has been enclose covering a meeting held by your Board 19th, 19/1. This duplicate peeeuken Vv placed shank in you our for your careful or the received The signa— ES cooperation. Che Chase National Hank OF METROPOLITAN FOURTH AVENUE GEORGE ba. SSSIot OS Bee Ne Creare BRANCH AT 238 H. SAYLOR, STREET ii ls ir) vice Me mice concn, Ae D PTS brown lies Wit Nip ny PRESIDENT 2 Sh- t ICE ( TTSA NITY UDA NL DO Lb f a “T — Co., following request T ¥ TTA AMO iN OD Py WL ; Ty ¥ B int@e tit TP COMP!PANY i ri. Wry UE PEEVES CS ff your to Te pee oe vi id 4 which iy Colt's B & emi tt UCanc $550,000. by checl account on lette this af VES BEAN ist A ‘Gate, account from E a, 4 \T iy ry . BROWNING ~~, " TN Ube 2, from ans: CO UNTNal COT. covering credit tr AC yi EALN tanding ing 73°? todays SwTRETe yt TI Comp any ta phone VOut “rr answer "HAVE REOPENED eee IYAL Brownings to you of ee, Brot Ogden, hake Je be MTT) LAU December Lng re DEEL Dork the account you will , t cS 4 3 i our < é 1} WLSNES mal S book 4 J Sincerel ~ SS Vice Presi ca ie = = Che Chase National Bank OORT METROPOLITAN Hee: Ge FROG OE. NB We ere KR N van Dork, BRANCH FOURTH AVENUE AT 2382 STREET Mr. December 22, 19Al. V. A. Browning, President, J. M. and M. S. Browning Co., Ogden, Dear Mr. ments to Noel Utah. Browning: We refer Order #8389, Woit to our and as amended, letter Charles of November Delvaux, Liege, 18 in regard Belgium. It is for this mecutive as well as Section 3 of the Trading with reason not the Inemy Act prohibits commumication with the enemy license may have been granted authorizing a specific cation permitting further effect payments to German lations. to pay- that we have filed even though a transaction. a new appli- transfers to Belgium, as we are unable to occupied territories under existing regu- Yours very truly, fr i ok fat i”e faetCEA Louis C. Holl Second Vice President Che Chase Nattwonal Gest METROPOLITAN FOURTH AVENUE GEORGE ele. CUTTY N pat OF NEW Hank TORK BRANCH AT 238 H. SAYLOR, STREET vice PRESIDENT Vuork Dec rat: ar J UE - ON++ 3 nieatine inGSS UL! is rember » SiS r e I~ t lar ~ en | LANA as a 4 ee +4 C€SoLlu ea Notce mail > A Lrom NOSES . ape i instructed, aux }s asto UIL LOG LS Oi “ Vi LLON. Sa G@upilicate | Pe Wwe cs | your tw + BS } Ce) tne P "3 nave f aeke ict corporate ray ‘ss &LSO Pal Ce a ; 3 sigcnavpvures ta an } WHE 19/4] GAL < raw, “a ~ hela neELO 19.4 & om aera woen =mAypAnRrate CoO L ig i ox Bt resoiut emb er Re b December Chase National Branch Attention: George Dear Avenue at 25rd York, N.Y. Mr. Street H. Saylor, Vice President Saylor, We are in receipt reopened Browning from 1941 Bank Metropolitan 4th New 22, Colt's in the of your wire stating that you have Brothers’ account with a remittance amount of $550,000.00. in line with our recent action in closing out this account and opening an account in the name of the Jd.M. & M.S. Browning Company, we are inclosing a check drawn on Browning Brothers Company for the aforementioned amount, making it payable to J.M. & M.S. Browning Company for deposit with you. Henceforth, made to MAB/co/fs d.li. all remittances & M.S. Browning from Colt’s Company. Yours very M.A. Browning, should be truly, Vice President is CLASS OF SERVICE is a full-rate Teleorte This oF ae x 1201 J ss DL=Day Letter NLT =Cable Night Letter ceding the address. R. B. WHITE NEWCOMB PRESIDENT CHAIRMAN The filing time shown in the date line on telegrams and day letters is STAN DARD R Viva EN Llo on, H162 E> i> tue? EY f | ythi yy = NT =Overnight Telegram dicated by a suitable symbol above or pre- Gi/N SYMBOLS eal ie 1 SE R= NE le Vii ia IRI gies ORK iy 1 OF CARLTON THE J. BOARD FIRST TIME at point of origin. cy 22 f ££. Cc. WILLEVER VICE-PRESIDENT Time of receipt is STANDARD O0°7 Z22e/P NENG THE COMPANY WILL APPRECIATE SUGGESTIONS FROM ITS PATRONS CONCERNING ITS SERVICE ay Ship Radiogram Va TIME at point of destination December 20, 1941 Saylor, Vice President Chase National Bank Metropolitan Branch 4th Avenue at 25rd Street New York, N.Y. Attention: Dear Mr. Mr. George H. Saylor, Replying to your letter of the 17th, we are returning herewith one copy of the Corporate Resolution whioh you requested, and two signature cards with the signatures of Val A. Browning, M.A. Browning and Matt S. Browning. In order that there shall be no delay through the miscarriage of mail, we are sending a duplicate Corporate Resolution and one signature card by ordinary mail. When and if Resolution, you you Wishing a Merry you MAB/co/fs receive both copies may return one copy Christmas and of the Corporate for our files. a Happy Yours very M.A. Browning, New Year. truly, Vice President ADVICE OF CREDIT Note of JM. cs 4 CF 10-40 THE NATIONAL CITY Metropolitan DEPARTMENT Check B-MISC. CHASE Teller WE HAVE CREDITED To E YOUR ACCOUNT AS FOLLOWS, & M.S. Ogden, Brothers Browning Utah, Co. NEW BANK YORK Company ei mana | SUBJECT TO CONDITIONS ON REVERSE SIDE: "DESCRIPTION Browning OF 2 vosk 1 O/T PL e P AMOUNT #1719, 400.65 Che Chase National Bank CO METROPOLITAN FOURTH AVENUE GEORGE hina > Me ect ee te INE ore Gk re ie BRANCH AT 238 Hi. SAYLOR, STREET VICE PRESIDENT Ni Browning, Vice pat ; KF ? cc Ogden, P- De cember ieee LOLAL 1 President, & M. S. Browning Oo Dork wnine 4 4. Utah Co., B COW ni neg ° i a rotuners De kane A ets we Nave Beee. Linens caned. syecrst is) Company PEUNELNG DAY Co." drawn f December 15th 1 Co. -”~ ab on and 4 3 ee aie f1OoUA T 3 ae UCU this bank, reopened } : <a. Be UL PLY the you <— pee 1 tne nr cee Colt V J account is u enclosed of Nat draw dividend 1:3 € Me of y 4, ia avai aa 8 & wre Dy d a in ¢ NA Wee ii y s enclosed. recoras lon Ait aes Sig ne Te. L a Creale ur tens Ce Ne may orks GE 4. stockholders vTidend ‘a 719,400 8 65 Te ae eee ao whicn Re ye eatk a ry Diy wee to BEER EN .2 rns ~~, b pay Sameera £ inst amas : wht ro Ree 25 what it 3 & + and ann Ree company disbursements. Com e a OF 4 ign : oraer or A we enclose a Fy SBA ATE The <j. + ye oo Fe. two Galas or ori gina. L Dlianx Hi resoiution 7 tia esolr iorm gether Y - asi . es 4 . a sonal season, ~ ‘ 1 , Wisnes > ma ana RY + ls w-hep wisning you oY ~ ana yourbs or am Wary . et 7 lila Vice oe - Preside ent a as . + on} asso Ciliates a Z LIE hs 3InDOT i 9 Branch, ree Aik ie lak? ee IS kik 28) oh ret ~*e Gave Ty s aa . 99 he | he i at ace bk bw Fhe ri Sk K. Wk '$ oe i. Le Ce ee ae eo, vy mE ects a * pee gn mor Hu hee ae oy, Pt ee = Nat 6 F: tinae3 wees ih i ig Ww me B ‘rif eh Avda oe 3 fm cae ae le ve | tee ae, oe LAs a - & 3 hey ele iat 2 o> V as » fd: 2% oy Necse die. ~ ? aeae Be % P(e] he Astin ea LS e i | a “yt sey FE £7 ¥ | ofoy; Var re. 7 ee ae as ah dol i aed “y é Tage’ dude stimalpbe iw ake ' rm Si Nd 2% 79 8 Wry “P eS oo =: 3a 4, ee a ¥ et 'SF We is ( Rah a AS » ed x Ne enc ah ait | a aw a } a4 : % ER a% nas * % vig pit zs a al ee ly ah, wal Ye rn ey ee be S a % 2) 5 ri") wo NUPHOS 2 Fighee Oe MH | bt Bing! £3. : Y F4% bat yey 72 Rt, wb ety ee woke ' Py ‘4 died eas ae t‘ + «ee ar) Lh es ry “ ie * 1 rr £5 %AE ene seh ¥2 ery ft ie WON he? “HS ere we eel “ - {si 4 Ras? dle die * yl ; 3 EE . oh 4 . WF he : e t. “rics? » shy sah oe Tub ; deeFi Prune! apie j fs W “ye fe) % ‘ 2d oa < * eb “@ j a ay + SB LL a ae stowdhe 4 “ ou “ {i 2. * Lie % Dy ts ae | Wid Ae ge or ie ‘2 © e ba . Par, Py we aw Gale, PT Tes on Om de eA be Wak # id § ar2 kor ee g i to ; Ofesctat- ae 2 hd yo ad @iig v1 oe v4 3 as Gl), tot apgnk Ty ako ‘ Ss ci hae 1e}h) yw iat te ew ; a Pre 3 wT} % ’ Se Pa Se Be t Pook hes a ) my . be «9 Fa ak Ndi | wos s. Se ia ul 2, On * a ie &Sis Ko’ IE & A655U o te J now oot & > 4 af -~ ps ue “3 a e Che Chase Nattwmnal Bank © METROPOLITAN FOURTH AVENUE AT Be eG. ONY ee BPN re Pk. BRANCH 238 STREET N A. am Browning, @ Joe ek 8 TY Dear Mr. the - T45 rOD 4 Pan November 7 sels, O f° } Browning 18, 1941. Coes Utah. Belgium. + 45erT November Browning: Wa make Dor k . President, Sc. Ooden, par ‘7 7 ee 4. ny WomwtT payment in the > uh 4 rh VOSS sala ana Bd = ? ee a of mean 2a! | 4-4 eancellation 7 7 - 8 + 5 3 oy ~~ D oo %200. e + to time you ere aavice ome on ‘ bw N _. 41, ~ nirembh ./ ead Noel have ye ws * — Ror) / s vT? #4 tJ Woit - vroba aererunad £*, 4 ia => ue .& MIM3IOE in& “ CO (> ce se and blv al ‘2 ; , +4 Tio Charles e received RPaAGArRA revcara Rru f° VO > ] “3 : to y X = Delvaux, a our t to ou ~~ ac ~) mm“ tye « tronafar Lransire A Pages 2 1 Dri 5 S i Belgium. oecuvetion As we expected some difficulties to arise of Belgium, we endeavored to execute the September 23 been sien through the Deutsche Bank, Berlin, the execution due to the German transfer of Germany. Word has received that the Reichsbank has sanctioned payments to Belbeneficisries, but our correspondent in Berlin awaits written advice before from Belgium sending therefore, aeknowledgins a cable confirmation probably been executed. In accordence to us. Our | with your instructions anv further peavments. of our instructions Sentember I : of vevment November 14 we has have transferred $200. $200. to your friends in Liege, the details of which are stated in the enclosed debit memorandum. tie shall, of course, notify you again before makings Yours verv truly, eZ. Louis Second C. Holl Vice President :| - ie Che Chase National Bank C2 METROPOLITAN FOURTH AVENUE AT PTE sak tS Fx Ne EW on Go re. BRANCH 232 Mr, STREET V. a Nya A. JT. se Me.Vie Browning, and ana Me. e vl Ogden, Dear Mr. Browning: 8S. 2 President, Brownings ing OW? iJ CvO Vurk, ¢ November 15, 1941. 9 Uteh. Cable transfer #143912 dated July 11, 1941 for $200. in favor of Noel Woit and Charles Delvaux, Liege, Belgium. authorities peyment. Our correspondent refuse to grant We representing in Belgium has informed’ authorization to effect have, erefore, cancellation and credited your refund of our us that the Belgian the above stated account with $199.00, transfer of July 11 less ed chargces. Yours verv 2 truly. . - Louis Second ©. Holl Vice President. mle e °¢ + ulce SinbaX, SarsBe Fe fi it Sn Bivetle site ite oe I CG ee —) ia ae bi ¥ di at eer ripe ee » % New? athe Ss Se be Na de 1G e's FSF ws ¥ fAUK ] } iy Sg dink . & DA Pom & e Che Chase National Hank fet METROPOLITAN FOURTH AVENUE AT tartee. Go Cr Ce FINS VF er Or BRANCH 23® STREET Nut Dork, Mr. V. A. Browning, President, J. Me. & M. S. Browning Company, Ogden, Utah. Dear Mr. November 10, 1941. Browning: On October 23 we filed an application with the Federal Reserve Bank for permission to transfer $200. to Noel Woit and Charles Delveaux, Liege, Belgium. On November 1 License No. NY280350 was granted, permitting us to make a transfer of $200. to the above mentioned our correspondent Inasmuch beneficiaries. as in we are Belgium still without acknowledging as confirmation the execution from of our previous transfers dated July 11 and September 23, we should like to receive your consent to make the payment due in November. We shall appreciate receiving your further instructions in regard to this matter. Yours very truly, Louis Second C. Holl Vice Preside ® @ Che Chase National OF METROPOLITAN FOURTH AVENUE AT SG AEs Creo. NIE Bank errorK BRANCH 232 STREET Ne nr Durk, Mr. V. A. Browning, President, J. M. and M. S. Browning Co., Ogden, Utah. Dear Mr. September Noel Woit September 24, 1941. Browning: We thank and Charles 15, you for authorizing your prompt reply Liege, Belgium. us to forward Delvaux, to our a payment letter of $200. of to We have sent a tracer by airmail to our correspondent in Belgium in an effort to obtain some information about our July payment, and as soon as we receive a reply from abroad we shall again communicate with you. Yours very truly, Second Vice Presider September 19, 1941 The Chase National Bank Metropolitan Branch New York, New York Attention: Dear Mr. Holl, Louis @. Holl Second Vice Pres. In the absence of Mr, M.A. Browning I am replying to your letter of September 15th addressed to him with the request that you make the transfer as usual to Charles Delvaux and Noel Woit, Liege, Belgiun. In the meantime, kindly attempt to ascertain from your correspondent in Belgium whether the transfer dated July llth was executed before making any further transfers. Yours very JM. & M.S. By VAB/co/fs truly, BROWNING COMPANY President ® & Che Chase National Pank Geko METROPOLITAN FOURTH AVENUE AT ee. GAY OF. NEWYORK BRANCH 238 STREET Ney ay License $200. No. On September Dark, 15, 1941. Bank of New York issued Pentember 11 the Federal Reserve Bank to remit National Chase the permitting NY-233105 to Charles Delvaux and Noel Woit, ere still Liege, without a confirmation from our the execution of our previous acknowlédging correspondent in Belgium advisable to obtain your it deemed 11, we have transfer dated July consent Let the us to know July make the whether payment Will September payment. making another or before not we should you please, the await word of Yours very truly, transfer. therefore, execution of Che Chase Nattonal # OR ee BS METROPOLITAN BRANCH FOURTH AVENUE AT 2382 STREET rk ¥2@: FE NsESW Nipanr 2¥ uv rk VBS HS Tw. 5 { Orcd — 2. sa ¥ : : OQ + + Vs md te I ek LO’ } . *% oF 2 os ry “~ 4 eS } Avr : q | $38 FE ry MD AORrTIT : may ‘7 Chs =. Wa nd So aksha EY?¥* oY ame } Tr > q hr oi © 2 Ghe Chase Nattwonal Bark Oro. METROPOLITAN FOURTH AVENUE GEORGE BRANCH AT 238 H. SAYLOR, vic® M. A. PRESIDENT Browmine. Dear Mr. 1940, we Brothers < Weea a ORR Nem Bork STREET Browning CAYO... <I X = — tm President, , Company _ s Z Z e) 5 Browning: With reference to hove you have still vour letter in mind of November that we would 3 @) b | 1 a ke x ° to be of service as Trustee in case an emplovee plan is adopted that involves the administration of a fund or of e individual a7 retirement D T Lf a aE e ay dept ohn assistance 2 A Ax Amn 2 volicies. AWN Ee oF x =a 1. . developments have been £4 &2 nie J Gores In tnis connection, 3 such i Yours > . very ; that 2 * r truly, r we can ae know. ri¢ be of a 8 @ Che Chase National Dank Cit METROPOLITAN FOURTH AVENUE AT City OF NEW Yor kK BRANCH 238 STREET Ne pear Dark Mr. M. A. Browning, Vice President, J.M. & M. S. Browning Co., Ogden, Utah. Dear Mr. to our Mr. }@ With reference you that correspondent Noel Woit and s June 12, 1941. we are Brownings inform similar . we are to our in receipt letter of of May a in Belgium that the sum Mr. Charles Delvaux. Wele shall file shall file payment so that 12, cable pleased from confirmation an an application for permission to make a applicat: t may execute the next payment which is a Yours oy very t y ily, 4 be a a = art «& © & Che Chase National Dank Ceri. i ee. Ke eal METROPOLITAN FOURTH AVENUE AT eo EM Gee eS BRANCH 238 STREET N pan Dork, Mr. M. A. Browning, J. M. Dear Mr. Browning: and M. Ogden, Vice May 12, 1941. President, S. Browning Co., Utsh. On May $ the Federal Reserve Bank of New York issued License No. 139124, permitting the Chase National Bank to remit to Charles Delvaux and Noel Woit, Liege, Belgium. We have, therefore, transferred by cable the above mentioned benficiaries and charged the account of Browning Bros. Co. sum to you Upon promptly. with the $206. $200. as per the enclosed receipt of debit memorandum. a confirmation Yours from very abroad we shall notify truly, v, / i ff ff { is x h 4te | y 4 Li f / A./Greig AsgsiStant Cashier. = Che Chase Nattonal Bank CO Fe METROPOLITAN FOURTH AVENUE AT eri. Conis Weea i MV fo eee I BRANCH 238 Mr. STREET N VU ee M. A. Browning, Vice Pre sident, Jee BO, ei 2 oF ff Je ¢) en rs No. On Sa nayments 4 Tey from abroad, We shall, which we the to but details receive up of to been issued remit Liege, Delvaux, cherged transacti the nr: S06. is enclosed. no cable of our February hes been informed of any reports from confirmation time this to Bank 14, we have of February of your friends Cae in Belgiun. has Company of New York Bank National and Charles your letter to each one Bros. Browning showing Chase the Woit to Noel instructed in cable $100. of Reserve Federal permitting $200. of the 26 February NY-113343, saivalent <n € Ut ‘ Ie Brownings Nir . Dear exe} reply -] received. Belcium may however, a receive keep you in the future. Yours very ae truly, y —_— Loui . AS-—H Inel. Go HOLL Vice President ce & © Che Chase National Bank ©: F... 7 METROPOLITAN FOURTH AVENUE AT Be SS en se Woy ORK BRANCH 238 STREET N pan Vork , April 11, 1941. Mr. M. A. Browning, Vice President, J. Me & M. S. Browning Company, Ogden, Utah. Dear Mr. Browning: In accordance with your request of February 14, and our instructions of March 6, our correspondents in Belgium have advised us by cable that they have effected a payment of Belgas 1,212.00 to Noel Woit and Charles Delvaux, Liege, Belgium. Reserve We Bank you the payment to shall file an application with the of New York for permission to make of $200. due May contrary. Very 6, 1941, truly f— unless Federal the next we hear from yours, Louis C. Holl Second Vice President. e & Che Chase Nattunal Bank Os METROPOLITAN FOURTH AVENUE AT ee ee Got, XC KO-FO VE Wea OO. Re BRANCH 2382 STREET Nera Mr. » March 31, 1941. M. A. Browning, Vice President, J. Me & M. S. Browning Company, Ogden, Utah. Dear we Dork Mr. Browning: With are pleased reference to to report the of February 6th to pay $100. us by cable that As soon Delvaux, Liege, Belgium. beneficiaries. March 6th we Our an amount shall as we again our letter execution to Noel Woit Merch our receive 606. a reply communicate truly 6th, instructions and Charles correspondents of Belgas Very of of have was to paid our with you. informed to the cable of yours, ” J pelt i A227 Louis ee i fh f GL : C. Holl Vice President. eo & Che Chase National Dank erlitenn METROPOLITAN FOURTH AVENUE AT ee re CO EE NG oe BRANCH 2382 STREET Npan Mr. M. A. a ae Browning, M. &e M. ks Ogden, Dear Mr. 14, we of $100. Bank of Vice ° Dork, February 17, 1941. President, “| Browning Lo. 3 Utah. Browning: In accordance have filed a new New to York in with your letters of February 13 and application with the Federal Reserve Charles Delvaux order to shall notify you obtain and $100. permission to Noel for Woit, a transfer Liege, Belgium. from the We authorities. promptly Yours upon very of receipt a reply truly, ee Lyo IA ee a 4A 4 fo 2 ae :=: a“ LLL CA {OO Louis G. Holl Second Vice President — a & Che Chase National Bank OO. METROPOLITAN FOURTH AVENUE ee CAT. YOO IN EN eae FS BRANCH AT 23® STREET N Pri Mr. M. 4. Browning, ff 7+ A Dear Mr. appear that our 4 1941. e SCo., Utah. With reference to our a cable message from of was are 14, Browning: receipt we February President, ° J. M. and M. S. Browning Ogden, $50. Vice s Do rk » made to Mr. future looking February connection Noel Woit, payments forward payments to have will letter of February our correspondents Liege, be receiving been We shall notify you with this matter. made. Belgium. executed a promptly ll, we are now thet a payment It would, without any therefore, delay, confirmation from of developments any new abroad Lovnis G. Second Vice in of and that in President sbruary 14, 1941. he ee - ee ; ae @ ; aG New . Van 2? cu S Dy «I OTN ~ oe Ps vets + +7 » Hd Pp jhe Gr Cat, me i wha aries ed fat Bh ce 2 wy Bi am to a *% d aad ‘ £ Se LOuver oth sa tk ty Ty are PN & Sd He oT ow & eg ie ce wO oe4} es = a 7” > is " te ry? yet or 32057 947 4 apeOe fren “9 oe ? Ou Oe pom rey rat > &. ) om Saal A “ & * ik oe5 ! me & very a ta. ae ¥ wile BF dnd 7 S23 re beet Saat & aden BEY a 2. ee Q3 ? 5 LARDUY ~~? .B/cO /at “ Ae ot ee OO any Street, vity, 34 3 vs ti 23re York : YOU $a oy ator sy fe ae LQCPODOLLtaNn *La truly, eo id so TT a sabe vi EE MOTE the sar ead my vps 9 ional we cone sank, we wl wot gy ee ts ¥ wake Oluy annpecie a& : eS New . Le &Dd. Cas ot YY See LS a ge gv ¥ pemy TeCerebary * 726300 wher 1On Sood Nuts ls + MOM ptietheawnn . ie és . wey! yOu 3 88602) A +s Fé UG HUG 4 4 i sae : 2 weve WOoULE eae tant ee mione aig a4 Tours age chs, Sel SiFnaden usd very % ‘uF ak .# ‘ trv vy, of ee . <834 ¢ i ink Pe by! £ ayy ¥ a, Tren Che Chase National Dank OF METROPOLITAN FOURTH AVENUE AT Mr. cl ea eee EN EW Or BRANCH 238 STREET N pat Dork, February 11, 1941. M. A. Browning, Vice President, J. M. and M. &. Browning Co., Ogden, Dear Mr. Utah. Browning: We are today in receinvt of a cable confirmation from the Deutsche Bank, Berlin, Germany, stating that a payment of $50. was made to Charities Nothing was Delvaux in accordance with our instructions of January 10. mentioned of the other payment of $50. to Noel Woit, and it is our belief that some difficulties were encountered in contacting the beneficiary. These delays are not unusual, and eventually payment orders of this nature find the proper channels and are executed in due time. As we desire to keep you informed of the latest developments in the Foreign Exchange field, we take this opportunity to point out some changes in Government Regulations which have taken place since we wrote you last: The general conditions under which payments for support of indiin occupied countries were authorized are considerably relaxed. viduals Individuals in the United amended, we feel may now the suthorities of $100. payments send monthly States per person and $25. for each additional member of the beneficiary's family. Although your payments are made by order of J. M. and M. ©. Browning Co. made under General License #32, snd are consequently not eligible to be as mission topay $100. transfer of certain to each one of your would friends grant a in Belgium. license We for could per- range such payments on a bi-monthly basis and thus save you commissions Moreover, the commission for a and cable charges every other month. the Gable shall $200. charges is for the same each as the payment commission order have for been 4 $100. reduced to the Federal Reserve from $6. and to $5. payment soon, wishes in our As we wish to file an application for your March appreciate your comment in order to incorporate your statement payment ar- Bank. Yours veryw truly» Louis Second PF ©. / Holl Vice President. we FOREIGN DEPARTMENT ADVICE TO BUYER PLEASE REFER TO CABLE T CHASE OF OF NEW HAVING B YORK METROPOLITAN CONFIRM ro NATIONAL CITY K TRANSFER NO. WE THE SOLD TO YOU TODAY THE FOLLOWING DESCRIBED BRANCH CABLE TAOS NEW YORK, ERs NOEL WOITFi ac e€O0 AND CHARLES DELVAUX $50.00 79 QUA! CORON@ NEUSE. ke eee BAG RUM ORDER U.M.sAND M.S.BROWNING C2. FED RES.BK.LICENSE DATED 2/4/41 THE SALE OF THIS CABLE TRANSFER 2/6/41 AMOUNT $100.06 RATE NO.104806 DOLLAR IS MADE SUBJECT TO THE CONDITIONS STATED X ON THE REVERSE WE CHARGE WE HAVE YOUR SIDE HEREOF. ACCOUNT EQUIVALENT $100.00 es | BROWNING SOLD OGDEN 10 = B-F. xX. 2 10-40 BROS. COMPANY UTAH a PLEASE jf W/, a8 YOUR SEND PLUS CHECK US YOUR CHA 7 c0 1606 CHECK TOTAL $107.00 e © Che Chase National Bark CJR METROPOLITAN FOURTH AVENUE AT eee ee or: Ce NEE a eee BRANCH 23® STREET Mr. M. A. Browming, President, J. M. and M, 5, Browning Co., Ocden, Dear Mr. License of Vice 1941. 6, February Uo rk, Ne ny $100. Utah. Browning: No. On to February NY-104806 Charles 4 the which Federal Reserve and Woit, authorizes Delvaux Noel us Bank of Liege, Belgiun. to remit New the York issued equivalent Although we stated in our application that you preferred permission for several monthly payments, the authorities declined to grant this request. We shall, therefore, file separate applications each month in order to make continuous transfers. the As account memorandum instructed of Browning showing the in your Bros. details letter of January Company with $107. Yours very of the 17, we have and include CG : - BEA transaction. charged a debit truly, /OCELg owe econd Gc. : ceraseaeint soa Holl Vice President. Mr, George H, Saylor, Chase National Bank Metropolitan Branch New York, New York Dear Mr. January 22, Vice Pres. 1941 Saylor, Replying to your letter of the 15th regarding investments and etc. We shall be glad to bear the matter in mind and let you know if we have use for any such things. With kind personal regards. Sincerely, & = Che Chase Nattunal OR METROPOLITAN FOURTH AVENUE AT rt Be ea aoEe NEW Bank re eek BRANCH 23® STREET Neat Mr. M. A. Browning, a: M. & M. oe Ogden, Dear Mr. Uork, Januery 1941. Vice President, Browning Coe, Utah. Brovming: Thank you for your letter of January 17 informing that it will be in order to charge Brothers Company the cost of cable to the account transfers made on January is of J. 21, M. & M. 10. S. Browning Our debit Co. to Noel Woit advice and Charles Yours Delvaux enclosed. We also note that future charges for we shall be making monthly hereafter are to be Same account. very us of Browning at the order remittances which passed to the truly, Lecce p> , oe. OFF [pe = eecond Ge. | Holl. Vice President January Mr. Louis €. Holl, Vice Chase National Bank Metropolitan Branch New York, New York 17, 1941 Pres, Dear Mr. Holl, Upon find wish US. my return from a trip out of the State I your letters of January 2nd and 10th and to thank you for handling this matter for Please pass the charge through the Browning Brothers account which we have with you. You may also pass the future charges on remittances which you will be hereafter making monthly to the same account. Thanking you, Yours very truly, Vice MAB/co/fs Pres, © = Che Chase Nattonal fank OF METROPOLITAN FOURTH AVENUE GEORGE TH eS ear N pat SS Pe NE CY aaa BRANCH AT 232 HE. SAYLOR, STREET Vr. M. VICE PRESIDENT A. Browning, e/o Browning Ogden, Dear Mr. I our by many 5 1941 Company, Utah. It originates in our Investment years, has been dealing with the Trust Limiting fundementals analytical staff investments seem Our Service Department which, investment problems of Department. ourselves of sound he is to cooperation of our client, to investment program adapted to individual holdings are under and conservative investment, objectives we undertake, the the notified whenever any changes in his advisable. experience eager for has at extensive personnel your help as many If you feel that this service may help problems more effectively, I shall be further such that investment great institution with information and with a just demonstrated are matter and with formulate a conservative long-term his requirements. In addition, his the continuing scrutiny of our investors the 15 should like to call your attention to a service now the Chase, which I feel may be of particular interest Personal proven January Browning: offered to you. for Brothers Dork resources carefully can be truly by a for securing investment trained for the purpose. you to meet your glad to discuss convenience. Very conservative supplied yours, 4 VI 5S, ys f gO 4 P / Vice r y > President of a6 & Che Chase National Bank CoP: METROPOLITAN FOURTH AVENUE Mr. RE Gab Ca INCEWW er SO Rees BRANCH AT 232 STREET N put Dork, January 10, 1941. M. A. Broming, Vice President, J. M. & M. S. Browning Co., Ogden, Utah. Dear Mr. Browning: reply of Referring further to your request of December 23 and Mr. Saylor's January2, we are pleased to inform you that we have received License No. NY-94750, dated lent of $100. Liege, Belgium, withs (1) Such January $, 1941, only to Charles Delvaux, $50., provided remittance is made the only which authorizes Liege, Belgium, following for the terms the equiva- conditions are complied and necessary payee and of the payee's femily; (2) Such remittance is not made from funds us to remit $50., Living and Noel Woit, expenses of the in which any of the foreign countries designated in Executive Order No. $389, as amended, or any "national" thereof has any interest whatsoever, direct or indirect; (3) This license mittor payee No. This has pursuant the same to either 33. license by cable shall be void in any case in which the licensee within expires today under on the General January terms calendar 31, month License 1941. We of the license, made a remittance No. 32 are transferring and or General our advice or re- to the License these payments is enclosed. Your letter indicated that the transfer was to be made by order of Je Me & M. S. Browning Co., and inasmuch as your account with us is carried under the name of Browing Brothers Company, we shall appreciate it if at your convenience you will forward us a check in the amount of $107., representing the principal plus $6. for the two-way cable and $1. commission. The present license covers a single payment only, and sinceit is your intention to continue these remittances, we have marked our records to reapply to the Federal Reserve Bank about the 25th of each month for permission to make a similar payment during the succeeding month. We shall appreciate it if you will let us know if this arrangement meets with your approval and whether you prefer to settle by check or have us pass the charge to the Browning Brothers Company account. Yours ee 33 - 2 Louis GC. Holl ~NSecond Vice President. FOREIGN DEPARTMENT ADVICE TO BUYER PLEASE REFER TO CABLE Te THE NATIONAL CITY OF NEW CONFIRM HAVING B@'k YORK METROPOLITAN To THE OF TRANSFER NO. WE CHASE SOLD TO YOU TODAY THE FOLLOWING DESCRIBED BRANCH CABLE new vork,_I/10/41 AMOUNT TRANSFER: NOEL WOTT $50.00 AND CHARLES DELVAUX $50.00, 79 QUAI CORONMEUSE ,LIEGE BELGIUM ORDER J.M. AND M.S.BROWNING CO. CABLE US WHEN PAID. FED.RES«BANK LICENSE NO.94°750 Povedic ot buvine ra SALE OF THIS CABLE TRANSFER IS MADE SUBJECT TO ee THE CONDITIONS STATED ial JeM. OGDEN AND M.S.BROWNING UTAH CO. . ON THE WE CHARGE WE HAVE PLEASE me REVERSE YOUR YOUR SEND SIDE HEREOF. ACCOUNT YOUR RATE DOLLAR EQUIVALENT £700.00 PLUS CHECK US $100.00 CHARGES CHECK 6.00 1.06 Y)yf TOTAL $107.00 Che Chase National Bartk aD: Pa METROPOLITAN FOURTH AVENUE GEORGE Ga Oe Gy IN« Ea Ve OY OO ERS y Tnwiate “Jf mu BRANCH AT 232 STREET Fi SAYLOR, VICE PRESIDENT MORT N prt Dork sis ae i 77 * nost ” Yim te NOre . « me | ria tT \ oa} TaoWsS i} | Woths j ./%. : me J . ; Maal ws single { a? ater dR LE 5 ki { j | Our oes oe ge a 90 whether 7 1 DE SOON Se ee Ie o0avmMments come Nrovides * YYAITOC ~' ci thet q remitte > t ae the ae oe _ Tree Nenartment F with Within 0! Neca will aie spvrove iy aan pas our m ~ PES TE ann. we ofi } el —- On) sien taidtibidia : reVLOUS our Wurp)SEse ee ae —~ WIRE DEPARTMENT THE CONFIRMATIC@ To REFER NATIONAL YOUR APPLICATIONS NOTE: If the original of this message has not been received, notify us by wire and =e oF act our further inshore eet s confirmation. LETTER MUST TWENTYTHIRD BE FILED TO ESTABLISH PRECEDENT FEDERAL TREASURY DEPARTMENT WASHINGTON FOR WEEKS o DATE 2, January AIRMAIL RECEIVED IN WRITING basis e on merely STRE PAYMENT THREE “~~ OF THE CITY OF NEW YORK TREET C ORNER OF NASSAU BROWNING, Vice President, Jd. Me. & M. S&. BROWNING CoO., OGDEN, UTAH. A. M. WE PINE TELEGRAM OF CHASE REGULARIONS TODAY TODAY DONE THIS RESERVE BANK NEWYORK MUST ANSWER USUALLY RECEIVED APPROVAL REQUIRE COVERING HAVE WE 1941 SINGLE. FORWARD TO TWO TO WRITING. George THE CHASE NATIONAL H. Saylor, BANK OF THE Vice CITY President. OF NEW YORK CLASS 4 OF SERVICE S DL=Day Letter This is a full-rate Telegram or Cablegram unless its deerred character is indicated by a suitable NT =Overnight Telegram LC=Deferred Cable NLT =Cable Night Letter symbol above or pre- cine SYMBOLS the address. R. B. WHITE NEWCOMSB PRESIDENT CHAIRMAN J. ©. WILLEVER FIRST VICE-PRESIDENT CARLTON OF THE BOARD ~ Ship Rediogram Va is STANDARD T1ME at point of origin, Time of receipt is STANDARD TIME at point of destination The filing time shown in the date line on telegrams and day letters tf? | > 7 i j i & PA a wt a Pd ‘a oe as i 2 a HTN f i bE iv j , NI Or is AS 2 ‘ ‘ \ v7 2 H “SD Mi BOK Nw Pri i F ae PY KO WRITING Vs h\ \7 4 Ai ivi & w Pg , fF $f ; f* NH SS ’ Ee LJ HEN A 7 fas : St ¥ | A7O = ¢ if If iv THE COMPANY WILL APPRECIATE SUGGESTIONS FROM [TS PATRONS ATI. it CONCERNING Se ITS Tr : : ANOWE Al me - f ' Fiat mm Or <> () PL = KR PANIC, IN TN SERVICD ie Ar RT oO ter “| ; December Mr. George H. Saylor, Chase National Bank Metropolitan Branch New York, New York, Dear Mr. Vice 23, 1940 Pres. Saylor, We are advised that there is a provision by our Government whereby it is possible to get a license or permit to send small amounts of money to our friends in Belcium and that such licenses are issued by the Federal Reserve Bank. Thinking matters, to each Charles Coronmeuse, $50.00 whether may ask that you we would to to Delvaux cable and Belgium, Liege, begin be prepared to handle such that you send $50.00 a month with or and we mail the Noel shall at Woit Please cable later 79 determine each payments Qual each month, Thinking that it may be necessary for us to make application for such a license, we are inclosing such application herewith for you to file if it is necessary. Thanking you Christmas. in advance and Yours MAB/co/fs. wishing very you truly, a Merry December Federal Heserve Washington, i"% | D.C, Ff: Bank % Centlemen: We hereby wish to make application for a license permitting us to send $50.00 per month at 79 to each Charles Delvaux Quai Coronmeuse, Liecs, and Noel Belgium, This money the support very truly, is to be used for Woit of the aforementioned together with their fanflies. These men were in our employ prior to the German Thenking invasion. you, Yours 7.M. & M.S. BROWNING CO, % 38 ‘ M.A, ie sna 3 c Browning, TPN Ps 9 Vice Pres, *3 December D.B. Ellis Browning Arms St e Loui S 9 Dear Doug, Wilk you Mo Co, ° please give us Mr. Woit's full name. we have heard that both he and Delvaux are alive and in need of assistance. Thanking you. Sincerely, MAB 4 BA? Ai S 16, 1940 C.F. SCHROEDER HOTEL NEW PIERRE YORK TEL.REGENT December Mr. Val Browning, First Security Bank Ogden, Utah. Val dear to With regard to Messrs. Delvaux and would be $50.- per explain Delvaux to I have iariner: apply for learned month, 1940. Building, My where, and 9, 4-5900 that this and Woit. and is a the question of paying Woit, I think the best license to-day, per to at you person. support the can Federal get You must, the some money way for you a families Reserve permit of of to course, Bank send Messrs, The National City Bank here, as well as the American Express, told me that they can make telegraphic transfers to Belgium, but that above mentioned license has to be obtained beforehand, of, I think this way because according to in Belgian limited to is preferable to news I have from Frances which one can draw a certain sum, per month. tf really think that the best and safest. above on the one we spoke Belgium, the amounts Bank mentioned way is Stay Thanking you again for all your with you,and with kind remembrance Yours accounts are official American also kindness during our to your wives, I am, very sincerely, @ SAMPLE, CORPORATE a CUSTODIAN ACCOUNT OF J. M. & M. S. BROWNING CO. THE CHASE NATIONAL NEW YORK. NEW BANK OF THE CITY OF NEW YORK, YORK. Dear Sits : I, as Secretary of. J. a corporation daly organized meeting of the__ Board Ma & M.S... Browming Coe, and existing under the laws of _____ of Directors _ __._. _______________.. certify that at a of said Corporation, duly held 19_____, the following resolutions were duly adopted RESOLVED, that The Chase National Depositary of this Corporation Bank of the City of New York (hereinafter called the “Bank’’) be designated for the purpose of maintaining on its behalf a Custody Account and holding therein upon the following terms and conditions, all such funds, stocks, bonds, securities, and other property as shall be deposited for the said Account (stibject co the Bank’s right of acceptance or rejection). The Bank is authorized and empowered : 1. (a) To collect all income and also all principal realizable through sales, maturities, redemptions, (if notice of redemption shall have been published in a recognized financial service to which the Bank subscribes) or otherwise and to credic the collections to the corporation's account, (b) to charge, upon instructions, the corporation's account for property received for the custody accounr and (c) to exchange securities in temporary form for like securities in definitive form. Upon said collecuons the Bank shall become debtor to the corporation for the amounts collected and shall dispose of the same as follows : Credit the checking account of the Corporation at he it tee eee Metropolitan Branch cat peor nt testi pee tte thon Hie ta Ledepe et ter ree reste rent ens ot theoorpereae ree Cet sets beet to-wtelrelenwerltyecenteor ereeted. 2. To execute in the name and on behalf of the Corporation such ownership or other certificates as may be required in connection with the collection of income under any applicable tax laws or regulations. 3. To hold securities, ordinarily in registered form, election, in the name of the Bank’s nominee or nominees. in the name of the Corporation or, at the Bank's 4. To accept instructions in respecte of the cuscody account (a) when given or signed by authorized officers of the corporation, and (b) when given by tested telegrams, cable or radio message, containing a code word previously agreed upon with the Bank or in cipher according to a cipher key previously agreed upon with che Bank. ‘The use of said code word or cipher and any such message shall be accepted by the Bank as conclusive evidence of the authenticity thereof thereon without further inquiry. and the Bank shall incur no liability or accountability whatsoever in acting The corporation will save the Bank harmless from all loss, damage, and expense arising by reason of the wrongful use of such code word or cipher. (© that the Bank instructions by telephone in cases where tt believes they are given by such authorized officers. May liability aACCEpt Instructions, unless they otherwise provide, shall remain in force until revoked or amended by furthe: instreucdons fram the Corporation received by the Bank and copies of all amendments to or revocations of imtrucions will promptly be delivered to the Custody Deparement of the Bank The Carporarion shall pay M. 4, agreed upon by and che Bank may ; cheree the ‘ Rani compensation hereunde ar Such Browning tumes cs (Name? aiid wes» iff such 4 Vice ameunia as may he I President. (a) (a) TITLE) ized miainfrain furthes nee r€ PFO Percy ih he ahy insurance for claims third ace the onint thar to sign opposite if certify that foillo if are thethe following instructions their with respective FESPect 10 Sa name Corporation’ NAME IV. i The Corporation government i . governmental naree charges 1 nd, resis will hold levied efuse the ar Bank and its asses nomin Risast i papmen e. oO r : free Ac ‘ae enwaee a roperty } in a i all mai caxes, therein. 4 The Bank Tish Lf utive or STING of shal! other legal ANY parties, be expenses under ne proceedings Such PTD obli ; b > their fees and disbursements ra Matt on 3 Os M.A. 6448 . ‘ Browning A, Val with eeding1s arg Broming Browming Vice President a S34 SECRETARY (b) By-Laws J the foregoing resolutions are isey® he [uii o fOrce of this Corporation. IN WITNESS WHEREOEF, I have hereune 19. unnation fram the Bank relating to the Account shall mailed postage prepaid addressed to it at its address M. & MW. §. Browning NAME OF CORPORATION) Co. (CORPORATE SEAL) facormess) Ogden, Uteh _ten days {CITY VH. The Account shall terminate The cost of mailing and insurance piesand eecseelaiets may occas upon suchi termination be wi nhed TE VL to the laws This Agreemenr shali of the Strate of NNe a upon nee bind the ¥i AND BTaeTe} sotice sus and assigns rk, given by either party to the reserves for taxes required in connection : d charged to the Account. of the parties J. Me. & other with by registered delivery of (e s miail, property pie eis THE ABOVE AGREEMENT THE CHASE NATIONAL 1S ACCEPTED a BANK OF THE CITY OF NEW YORK hereto and shall be interpreted according M. NAME 5S. Broming OF CORPORATION) Co. By RESOLVED, that (a) the Secretary present officers of the Corporation change in the holder of amy such be authorized authorizes i office the to certify to the Bank che famies, offices Sve instracions with revpect to the Account fact of such change and the name , Mice and sigrarate (b) the Secretary, President or amy Vice President be authorized foregoing & & form. to execute « Custodian and Title signarures and in the of che new Agreement of the case of holder, any *NOTI and in subscasietally the LEGAL S& 6 it che by a second Secretary is himsell ofhcer of the authorized Carporabon BE ana Re effec CORPORATE THE CHASE NATIONAL NEW YORK, NEW BANK OF CUSTODIAN THE CITY OF NEW ACCOUNT OF YORK YORK, Dear Sirs ; I, as Secretary of a corporation duly organized and existing under the laws of _ | meetoie of mie certify that at a of said Corporation, duly held 19 , the following resolutions were duly adopted : RESOLVED, that The Chase National Bank of the Ciry of New York (hereinafter called the “Bank’’) be designated Depositary of this Corporation for the purpose of maintaining on its behalf a Custody Account and holding therein « i the following terms and conditions, all such funds, stocks, bonds, securities, and the said Account (subject to the Bank’s right of acceptance or rejection). other property as shall be deposited The Bank is authorized and empowered : 1. (a) To collect all income and also all principal realizable through sales, maturities, redemptions, (if notice of redemption shall have been published in a recognized financial service to which the Bank subscribes) or otherwise and to credit the collections to the corporation’s account, (b) to charge, upon instructions, che corporation's account for property received for the custody account and {c) to exchange securities in temporary form for like securities in definitive form, Upon said collections the Bank shall become debtor to the corporation for the amounes collected and shall dispose of the same as follows: Credit the checking account of the Corporation at Remit to the Corporation periodically on _ Hold subject to the instructions of the Corporation (but not subject to withdrawal by draft or check). 2. To execute in the name and on behalf of the Corporation such ownership or other certificates as may be required in connection with the collection of income under any applicable tax laws or regulations 3. To hold securities, ordinarily in registered form, election, in the name of the Bank’s nominee or nominees. 4. To accept instructions in respecr of the custody in account the name (a) when of the given Corporation or signed or, at the by authonzed Bank's a officers of the corporation, and (b) when given by rested telegrams, cable or radio message, containing a code word previously agreed upen with the Bank or in cipher according to a cipher key previously agreed upon with the Bank. The use of said code word or cipher and any such message shall be accepted by the Bank as conclusive evidence of the authenticity chereaf and the Bank shall incur no liability or accountability whatsoever in acting thereon without further inquiry, The corporation will save the Bank harmless from all loss, damage, habilicy and expense arising by reason of the wrongful use of such code word or cipher, (c) chat the Bank may accept instructions by telephone in cases where tt believes they are given by such authorized officers. Instructions, unless they otherwise provide, shall remain in force until reweked of amended by furrhes instructions from the Corporation received by the Bank and copies of all amendments to or revocations of instructions will promptly be delivered to the Custody Department of the Bank for | further STOUT rggreed &- & and mc 4 u the (a) pon > Bank oh ~ may 1 = ‘ ized chat é > fO SIgN opposite certify the that fol iF py itis Instructions wit their respective names MAME LLP partie il be : es sausfaction. ys and t charge ine! If be any their 7 fees TSCS ao « bli dings wit under pe ~al such xp ACE : Pecrenect and kings ; i be disbursements SECRETARY (b) By-Laws the foregoingo$., resolutions are IN WITNESS WHEREOF, m the Baak relating rota prepaid addre « Bre to the Account ssed to it at its 19 shall address (CORPORATE {csvY n EgThe ee cost Upon to ; of 5c such VIL ae te laws i re Se masiu z terminate surance Ana ? 2 ties hereto and shall be oF the RESOLVED, present sf officers in the - THE ABOVE AGREEMENT THE CHASE (5 ACCEPTED: NATIONAL BANK OF THE CITY OF NEW interpreted according Dd NAME change SEAL) STATE) ys motice given by either party to the other by registered mail lesves for taxes recuured in in connection with delivery of property teed to the Account termination This Ag pase AND Gat Oon uno pur that (a) © f the 4 holder the Secretary Corporation y of any P such (b) the Secretary, President or any foregoing form. be autt 2 whorized ( — office Vice the - onged tw a to ve : juli I have hereun tion ror im of this Corporation to the Bank instructions cerify with rewpect Fy OF the 7 CORPORATION) nernes to the offices and Account and fact of such change and the narme, office and sipmature of President F: ¢ xzuthorized | to execute a Custodian Agreement signatures of the in the case of any the new holder, an: | if subsrarttially che "NOTE LEGAL B@ @ 48 lt the bay a SACTELALY secone is ofheer himsell of the auchor Co porat YORK CORPORATE THE CHASE NATIONAL NEW YORK, NEW Dear Sirs: BANK OF CUSTODIAN THE CITY OF NEW ACCOUNT YORK, YORK. I, as Secretary of ____ a corporation duly organized and existing under the laws of ERR OF Ree oaisne CO a ate _____. ee OR certify that at a Corponition, daly held 19 ____, the following resolutions were duly adopted : RESOLVED, that The Chase National Bank of the City of New York (hereinafter called the “Bank”) be designaced Depositary of this Corporation for the purpose of maintaining on its behalf a Custody Account and holding therein upon the following terms and conditions, all such funds, stocks, bonds, securities, and other property as shall be deposited for the said Account (subject to the Bank’s right of acceptance or rejection). us I. The Bank is authorized and empowered : i. (a) To collect all income and also all principal realizable through sales, maturities, redemptions, (if instructions, the notice of redemption shall have been published in a recognized financial service to which the Bank or otherwise and to credit the collections to the corporation’s account, (b) to charge, upon subscribes) corporation's account for property received for the custody account and (c) to exchange securities in temporary form for like securities in definitive form. Upon said collections the Bank shall become debtor to the corporation for the amounts collected and shall dispose of the same as follows : Credit the checking account of the Corporation Remit to the Corporation at periodically on Hold subject to the instructions of the Corporation (but not subject to withdrawal by draft or check). 2. To execute in the name and on behalf of the Corporation such ownership or other certificares as moay be required in connection with the collection of income under any applicable tax laws or regulations. 3. To hold securities, ordinarily in registered form, election, in the name of the Bank’s nominee or nominees, 4, in the name of the Corporation or, at the Bank's To accept inseructions in respect of the custody account (a) when given or signed by authorized officers of the corporation, and (b) when Bank. ‘The use of said code given by tested telegrams, cable or radio message, containing a code word previously agreed upon with the Bank or in cipher according to a cipher key previously agreed upon with the word or cipher and any such message shall be accepted by the Bank as conclusive evidence of the authenticity thereof and the Bank shall incur no liability or accountability whatsoever in acting thereon without further inquiry, The corporation will save the Bank harmless from all loss, damage, habilio and expense arising by reason of the wrongful use of such code word or cipher. (c) that the Bank may accepe amended by furthe: instructions by telephone in cases where it believes they are given by such auchorized officers. Instructions, instructions from inseructions unless they otherwise the Corporation will promptly provide, received be delivered shall remain by the Bank to the Custody tn force uncl revoked or and copies of all amendment Department of the Bank, to or revocations of l further certify ¢ “ri] TOL thie fructior / (b) the By-Laws of this IN to the Account forepoing Corporation WITNESS WHEREOF ; shall d te it at its (CORPORATE ny Pe res - CLOVELLY ‘MAME PROCHT WPT). RESOLVED, nreeent present i a change off P cancers in : the char char OF C triohe A ’ holder of fo)(aj shee the ; F ‘ OF names, offices : such office {b) the Secretary, President or any Vice foregoing form. the such i Pr eyicem ti be cha Be authorizedae aca pi THE ABOVE THE CHASE AGREEMENT NATIONAL i8 ACCEPTED BANK OF COPMPORATION) ; any eri SEAL) the name, office and tySees execute oe a Custodian Account signature and sig natures of che case of holler, an atid substantially the ana in the of the new Agreement in L * NOTE LEGAL &® a-4p lf the Secrevary ny a Seon Offece THE CITY OF NEW YORK CORPORATE THE CHASE OF THE RESOLUTIONS NATIONAL CITY OF NEW YORK BANK CORPORATE RESOLUTIONS same BROWNING Go. MoS. & Ju. I, as Secretary of_ , hereby certify to Utal a corporation duly organized and existing under the laws of the State of The Chase National Bank of the City of New York that a meeting of the Board of Directors of said corporation __.and State of____Utah Ogde was duly called and held at its office in the City of on the and voting that at said meeting a quorum was present _19 41 aay of. December 19th throughout, and that the following resolutions on motion duly made and seconded were unanimously adopted and are now in full force and effect: DEPOSITS AND WITHDRAWALS “RESOLVED, that The Chase National Bank of the City of New York (hereinafter referred to as the “Bank’’) be and hereby is designated as a depositary of this corporation and that the officers and agents of this corporation be and hereby are, and each of them hereby is, authorized to deposit any of the funds of this corporation in said Bank either at its head office or at any of its branches. RESOLVED, that, unul the further order of this Board of Directors, any funds of this corporation deposited in said Bank be subject to withdrawal or charge at any time and from time to time upon checks, notes, drafts, bills of exchange, acceptances, undertakings, or other instruments or orders for the payment of money when made, signed, drawn, accepted or endorsed on behalf of this corporation, by (SEE NOTE BELOW) ireasurer 3. To discount any bills receivable or any paper held by this corporation with full authorir; in the name of - this corporation. 4. To withdraw from the Bank and give receipt for, or to authorize the Bank to deliver x or more designated persons, all or any documents and securities or other property held by #, collateral security or for safekeeping or for any other purpose 5. Ln To authorize and request the Bank to purchase or sell for account other securities, and 6. To execute and deliver all instruments required by the Bank matters and afhx thereto the seal of this corporation. of the in connection wit! RESOLVED, that the Secretary or any other officer of this corporation be, an the Bank the names of the present officers of this corporation and other persons au respectively held by them, together with specimens of their signatures, and in case o such office or holders of any such offices, the fact of such change and the names respectively held by them, together with specimens of their signatures; and the Bank be, honor any instrument signed by any new officer or officers in respect of whom i certificates with the same force and effect as if said officer or said officers were named place of any person or persons with the same title or titles. RESOLVED, that the Bank be promptly notified in writing by the Secx any change in these resolutions, such notice to be given to each Office of the Ran poration may be maintained, and that until it has actually received such notice ursuance of these resolutions, and that until it has actually so received such notice it armless from any loss suffered or liability incurred by it in comtinuing to act m pursuamce oS , Re though these resolutions may I FURTHER 1 have been changed.” CERTIFY that there is no provision in the Charter or of these resolutions, | Gas By-Laws ; of 4 limiting the power of the Board of Directors to pass the foregoing resolutions, and that the same with the provisions of said Charter and By-Laws. I FURTHER CERTIFY that the present officers of said corporation and them are as follows: RESOLVED, that the Bank is hereby authorized to pay any such instrument or make any such charge and also to receive the same from the payee or any other holder without inquiry as to the circumstances of issue or the disposition of the proceeds even if drawn to the individual order of any signing n, or payable to said Bank or others for his account, or tendered in payment of his individual obligation, an aris? Ta drawn against an account in the name of this corporation or in the name of any officer or agent of this corporation as such. LOANS, AND RESOLVED, that the following CREDITS SECURITY (SEE NOTE Browning Hrown1nage BELOW) are hereby authorized on behalf of this corporation: 1. To borrow money and to obtain credit for this corporation from the Bank on any terms and to make and deliver notes, drafts, acceptances, instruments of guaranty, agreements and any other obligations of this corporation therefor in form satisfactory to the Bank. IN WITNESS corporate seal this Clients are requested to insert in the spaces above, titles only of the signing ofhcers, or the names of other authorized persons. Also to indicate fully in what manner they are to sign, 1. ¢. singly, any two, jointly, etc, as for instance: the President, Vice President, Secretary and Treasurer or any “one” or “two” of them (or indicate any special combination). (CORPORATE * NOTE: 12 6-41 SEAL) In case the Secretary or other recording officer is authorized alao be signed by a second officer of the corporation. ——— LEGAL I have hereunto set my hand as Secretary of said _day of December att 2. To pledge or assign and deliver, as security for money borrowed or credit obtained, stocks, bonds, bills receivable, accounts, mortgages, merchandise, bills-of-lading, warchouse receipts, insurance policies, certificates, and any other property held by or belonging to this corporation with full authority to endorse, assign or guarantee the same in the name of this corporation. NOTE: WHEREOF, Loon. le LLL ALLL AD to sign checks, notes, ete. by the above resolumons this cernibces