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FEDERAL RESERVE BANK
OF NEW YORK

[Circular No. 732, August 3, 1926]

Official Signatures
Changes in Authority to Sign

To all Banks and Trust Companies
in the Second Federal Reserve District:

Our circular No. 709 of January 1, 1926, containing facsimile signatures of
those authorized to sign on behalf of this bank as modified by our circular No. 714
of February 26, 1926, is further modified in the following respects:
HOWAKD M. JEFFERSON, formerly Manager, Personnel Department, has resigned
to accept an official position with the First National Corporation of Boston, and
his authority to sign on behalf of or to act for this bank has expired.
HERBERT S. DOWNS has been appointed Manager, Bank Relations Department,
and will sign in that capapity as follows:

Manager, Bank Relations Department.
RAYMOND S. CUTLER has been appointed as special representative in the Bank
Relations Department and therefore is no longer authorized to sign for the bank
as a holder of procuration or to sign correspondence for "W. B. Matteson, Manager,
Securities Department.

In lieu of Mr. Cutler, SILAS A. MHJLER has been authorized to sign as a holder of
procuration and will also sign correspondence as follows:




for W. B. Matteson,
Manager, Securities Department.
Very truly yours,
BENJ. STRONG,

Governor.