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F E D E R A L R E S E R V E BA N K O F NEW YO RK /■Circular No. 5 9 1 8 1 LDecember 16, 1966 J Results of Election of Directors To the Member Banks of the Second Federal Reserve District: The election of directors to succeed A lbert L. N ic k e r s o n , R obert H. F earon, class A director, and class B director, whose terms expire December 31, 1966, 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. 5886, dated October 24, 1966. The results of the election are as follows: E town, ugene N. H. M o r r is o n , President, Orange County Trust Company, Middle Y., was elected by member banks in Group 3 as a class A director of this Bank; and M a u r ic e R. F orman, President, B. Forman Co., Inc., Rochester, N. Y., was elected by member banks in Group 3 as a class B director of this Bank. Each was chosen for a term of three years beginning January 1, 1967. E verett N. C ase, Chairman of the Board.