Lawrence O. Murray (February 18, 1864 – June 10, 1926)[1] was a United States Comptroller of the Currency from April 27, 1908, to April 27, 1913.[2]

Lawrence O. Murray
12th Comptroller of the Currency
In office
April 27, 1908 - April 27, 1913
PresidentTheodore Roosevelt
William Howard Taft
Preceded byWilliam Barret Ridgely
Succeeded byJohn Skelton Williams

Attorney Lawrence O. Murray had extensive government service prior to his appointment as Comptroller by President Theodore Roosevelt. During his tenure, the size of the national banking system prompted Congress to authorize appointment of a second deputy comptroller.

In the interim before Murray's successor took office, the Federal Reserve Act was passed. The act created twelve Federal Reserve Districts, with the Comptroller designating a district chief national bank examiner for each district under whom a corps of examiners and assistants worked. Examiners were to be compensated by salary and expenses rather than fees levied on the banks they examined.

References

edit
  1. ^ "L. O. Murray, Ex-Official of U.S. Dead". The Post-Star. Associated Press. June 11, 1926. p. 1. Retrieved March 18, 2023.
  2. ^ Office of the Comptroller of the Currency Retrieved August 23, 2020  This article incorporates text from this source, which is in the public domain.