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FEDERAL RESERVE BANK
OF NEW YORK

r Circular No. 5 2 0 4 1
L November 30, 1962 J

Results of Election of Directors

To the Member Banks o f the Second Federal Reserve D istrict:

The election of directors to succeed
and

K

enneth

H.

H

annan

,

C esar

J.

B

ertheau,

class A director,

class B director, whose terms expire December 31,

1962, 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. 5237, dated
October 8, 1962.
The results of the election are as follows:
R

alph

H. R

ue,

President, The Schenectady Trust Company, Schenectady,

N. Y., was elected by member banks in Group 2 as a class A director of this Bank;
and

K

enneth

H. H

annan

,

Executive Vice President, Union Carbide Corporation,

New York, N. Y., was re-elected by member banks in Group 2 as a class B director
of this Bank. Each was chosen for a term of three years beginning January 1,
1963.




P

h il ip

D.

R

eed,

Chairman of the Board.