Full text of Mimeograph Letters and Statements of the Board : Memorandum for the Press, Feb. 11, 1917, re Election of Wm. L. Saunders, as Class "C" Director, Federal Reserve Bank of N. Y., Number 1014, Volume 5, Page 2080

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2080
1014

For release Sunday, a. m*. February 11, 1917.

February 10, 1917-

MEi/iORANDUM FOR THE PRESS.

Mr* William L. Saunders has been elected a Class T'C" Di­
rector of the Federal Reserve Bank of NewYork in the place
of Mr. Charles Starek, resigned, for the term ending Decem­
ber

31, 1917.

Mr. Saunders is President of the Rand Drill Company,
and prominently identified with other business interests in
New York and New Jersey.

He has been twice Mayor of Plain-

field, N. J., which is his home, a member of the New Jersey
Harbor Commission, the New Jersey Board of Commerce and
Navigation, is Vice Chairman of the Naval Consulting Board
and holds other like offices*
No. 11,




Broadway, New "York.

He has business offices at