Documentation
From my personal library, The Internet

man page:

     logged in but before the shell is run.  It is generally used for impor-
     tant system-wide announcements.  During system startup, a line containing
     the kernel version string is prepended to this file.

     Individual users may suppress the display of this file by creating a file
     named ``.hushlogin'' in their home directories.


FILES

     /etc/motd


EXAMPLES

     OpenBSD 1.2 (GENERIC) #3: Fri Jun 28 22:47:57 MDT 1996

     Make sure you have a .forward file...

     4/17    Machine will be down for backups all day Saturday.


SEE ALSO

     login(1)

BSD                            December 28, 1994                           BSD

Man(1) output converted with man2html