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FEDERAL RESERVE BANK OF NEW YORK /"Circular N o. 3 4 7 3 1 L July 15, 1949 J Result of Election of Class B Director / To Member Banks in the Second Federal Reserve D istrict: The election of a director of this bank for the term of office ending December 31, 1950, to fill the vacancy caused by the resignation of C harles E. A dam s as a class B director, has been duly held in accordance with the requirements of section 4 of the Federal Reserve Act, as amended, and the provisions of circular No. 3455, dated June 3, 1949. The result of the election is as follows: M a b io n B. F o lsom , Treasurer and Director, Eastman Kodak Company, Rochester, N. Y., was elected by member banks in Group 2 as a class B director of this bank to hold office for the unexpired term ending December 31, 1950. R ober t T. S teven s, Chairman of the Board.