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FEDERAL RESERVE BANK
OF N EW YORK

r Circular No. 3 3 3 7 1
L
May 18, 1948
J

To all Banks in the
Second Federal Reserve District:

The Board of Governors of the Federal Reserve System has
appointed

R ob ert

T.

S tev en s

of Plainfield, New Jersey, as a Class C

director of this bank for the unexpired portion of the term ending
December 31, 1950, and has designated him as Chairman and Federal
Reserve Agent for the remainder of 1948.
Mr. Stevens is Chairman of the Board of J. P. Stevens & Co.,
Inc., manufacturers and distributors of textiles, New York, New York,
and a director o f a number of other corporations. He was a Class B
director of this bank from January 1, 1934 until January 8, 1942, when
he resigned to enter active service with the United States Army. Prior
to his resignation, he had been active in national defense work for some
time. He served in the Quartermaster Corps for over three and one-half
years, ultimately holding the rank of colonel, and was awarded the
Distinguished Service Medal.




A

llan

S proul,

President.