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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM STATEMENT FOR THE PRESS For immediate release April 6, 1258. The Board of Governors of the Federal Reserve System today announced the appointment of Mr. Marion B. Folsom, Treasurer of the Eastman Kodak Company, Rochester, New York, as a director of the Buffalo Branch of the Federal Reserve Bank of New York for the unexpired portion of the term ending December 31, 1933.