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FEDERAL RESERVE BANK
OF NEW YORK
J-Circular No. 1 7 0 1 1
LSeptember 30, 1936J

Nomination and Election of Directors
To Member Banks in the Second Federal Reserve District:

An election will be held under the provisions of section 4 of the Federal Reserve Act, as
amended, to choose successors to the following directors of this bank whose terms will expire
December 31, 1936: class A director, CECIL E. BERRY, President, The Citizens National Bank
of Waverly, Waverly, N. Y., and class B director, ROBERT T. STEVENS, President, J. P. Stevens
& Company, Inc., New York, N. Y.
Both directors were elected by member banks in Group 3 and their successors will be
chosen by this group. The member banks in Groups 1 and 2 do not elect directors this year
and will not participate in this election.
The classification of member banks for the purpose of nomination and election of class A
and B directors of the Federal Reserve Bank of New York is as follows:
Group 1 consists of banks with capital and surplus of over $1,999,000,
Group 2 consists of banks with capital and surplus of $301,000 to $1,999,000, and
Group 3 consists of banks with capital and surplus of less than $301,000 (listed on pages 3-12).

Except as indicated in the next succeeding paragraph of this circular, each bank in
Group 3 is permitted to nominate a candidate for class A director and a candidate for class B
director.* The nominations should be made by resolution of the boards of directors of the
nominating banks and certified copies of such resolutions should be sent to me so as to reach
me on or before October 26, 1936. The enclosed printed forms show the appropriate forms of
resolution and one copy of each form should be used in sending certified copies of the resolutions to me.
•Section 4 of the Federal Reserve Act, as amended, reads in part as follows:
"Class A shall consist of three members, who shall be chosen by and be representative of the stock-holding banks.
. . . No officer or director of a member bank shall be eligible to serve as a class A director unless nominated and
elected by banks which are members of the same group as the member bank of which he is an officer or director.
"Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a
class A director except by banks in the same group as the bank having the largest aggregate resources of any of those
of which such person is an officer or director."
"Class B shall consist of three members, who at the time of their election shall be actively engaged in their
district in commerce, agriculture or some other industrial pursuit. . . . No director of class B shall be an officer,
director, or employee of any bank."
"No Senator or Eepresentative in Congress shall be a member of the Board of Governors of the Federal Keserve
System or an officer or a director of a Federal reserve bank."
In a resolution adopted December 23, 1915, the Board of Governors of the Federal Reserve System expressed
the opinion "that persons holding political or public office in the service of the United States, or of any State,
territory, county, district, political subdivision, or municipality thereof, or acting as members of political party
committees, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as
directors or officers of Federal Reserve Banks." On December 28, 1915, the Board of Governors of the Federal
Reserve System resolved that "national bank examiners shall not hereafter be elected * * * to directorships in
Federal Reserve Banks." Under date of July 2, 1925, the Board of Governors of the Federal Reserve System
advised it had "reached the conclusion that a person whose sole occupation is that of officer of an insurance company is not eligible for election as a Class B director of a Federal Reserve Bank."




1

Under the provisions of section 4 of the Federal Beserve Act, as amended**, whenever
any two or more member banks within the same Federal reserve district are affiliated with the
same holding company affiliate (as that term is defined in section 2 (c) of the Banking Act of
1933 as amended by section 301 of the Banking Act of 1935)*** participation by such member banks in the nomination of candidates for, or the election of, directors of Federal reserve
banks shall be confined to one of such banks, and the holding company affiliate may designate
the bank to participate in such nomination or election. Accordingly, banks in Group 3 affected
by the foregoing provision of the law are requested to take prompt action to have the appropriate holding company affiliate designate one of its affiliated banks to participate in this nomination and election. Such designations should be made by resolutions of the boards of directors
or similar governing bodies of the holding company affiliates and should be made even though
in any particular case only one of the affiliated banks may be in Group 3. Two copies of a printed
form of appropriate resolution are enclosed, and one copy thereof should be completed and sent
to me so as to reach me on or before October 26,1936.
On October 28, 1936, copies of the list of candidates (indicating by whom nominated) and
preferential ballots will be mailed so that, in the normal course of the mails, they will be
received by all banks in Group 3 on October 29, 1936. The law provides that the ballot shall
be cast within 15 days after receipt of this list. The polls will open on October 29, 1936, and
will close at 12 o'clock noon on Friday, November 13, 1936. Upon the closing of the polls
the ballot box will be opened in the board room of this bank, the votes counted and checked
by tellers, and results of the election announced. The candidates will be invited to be present
or represented on that occasion.
In order to be counted as valid, the ballot must be executed by an officer authorized to
cast the vote and must be received by me at or before the time thus fixed for the closing of
the polls; (i.e., at or before 12 o'clock noon on Friday, November 13, 1936). The list on
the following pages shows the officers heretofore designated for this purpose by the respective
banks in Group 3.
The hanks in Groups 1 and 2 will not participate in this election, and this circular is sent
to them without forms for their information only.
OWEN D. YOUNG,

Deputy Chairman of the Board.
**Section 4 of the Federal Reserve Act, as amended by section 3 (b) of the Banking Act of 1933, provides,
in part, as follows:
. . . That whenever any two or more member banks within the same Federal reserve district are affiliated
with the same holding company affiliate, participation by such member banks in any such nomination or election shall
be confined to one of such banks, which may be designated for the purpose by such holding company affiliate.
***Section 2 (c) of the Banking Act of 1933, as amended by Section 301 of the Banking Act of 1935, defines the
term "holding company affiliate" as follows:
(c) The term "holding company affiliate" shall include any corporation, business trust, association, or other similar
organization—
(1) Which owns or controls, directly or indirectly, either a majority of the shares of capital stock of a member
bank or more than 50 per centum of the number of shares voted for the election of directors of any one bank at the
preceding election, or controls in any manner the election of a majority of the directors of any one bank; or
(2) For the benefit of whose shareholders or members all or substantially all the capital stock of a member bank
is held by trustees.
Notwithstanding the foregoing, the term "holding company affiliate" shall not include (except for the purposes of
section 23A of the Federal Reserve Act, as amended) any corporation all of the stock of which is owned by the United
States, or any organization which is determined by the Board of Governors of the Federal Reserve System not to be engaged,
directly or indirectly, as a business in holding the stock of, or managing or controlling, banks, banking associations, savings
banks, or trust companies.




1936 Election of Directors

List of 496 Member Banks in Group 3
Revised to September 28, 1936
Group 3 consists of member banks with capital and surplus of less than $301,000
CONNECTICUT
Place
Bethel
East Port
Chester
Greenwich
New Canaan
Kidgefield

Bank or Trust Company

Officers Authorized to Cast Vote

The Bethel National Bank
The Byram National Bank of East Port Chester (P. 0.,
Port Chester, N. Y.)
First National Bank in Greenwich
The First National Bank & Trust Company of New
Canaan
The First National Bank and Trust Company of Kidgefield

President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Cashier

NEW JERSEY
Allendale
Allenhurst
Allentown
Atlantic
Highlands
Bayonne
Belleville
Belmar
BelvideTe
Bergenfield
Bernardsville
Blaixstown
Bloomfield
Bloomingdale
Bloomsbury
Bogota
Bogota
Boonton
Boonton
Bradley Beach
Branchville
Caldwell
Carteret
Carteret
Cedar Grove
Ciiffside Park
Clifton
Clinton
Clinton
Cranbury
Cranford
Cranford
Dumont
Dunellen
Dunellen

The Atlantic Highlands National Bank
The Broadway National Bank of Bayonne
. . . .
Peoples National Bank and Trust Company of Belleville
The Belmar National Bank
The First National Bank of Belvidere
The Bergenfield National Bank and Trust Company .
The Bernardsville National Bank
The First National Bank of Blairstown
Community Trust Company of Bloomfield
The First National Bank of Bloomingdale
. . . .
The Citizens National Bank of Bloomsbury
. . . .
Bank of Bogota
The Bogota National Bank
The Boonton National Bank
Boonton Trust Company
The First National Bank of Bradley Beach
. . . .
The Branchville National Bank
The Caldwell National Bank
Carteret Bank and Trust Company
First National Bank in Carteret
The First National Bank of Cedar Grove
. . . .
The United National Bank of Ciiffside Park
. . . .
The Clifton National Bank
The Clinton National Bank
The First National Bank of Clinton
The First National Bank of Cranbury
Cranford Trust Company
The First National Bank of Cranford
The Dumont National Bank
The First National Bank of Dunellen
People's Trust Company

Eatontown

The First National Bank of Eatontown

Edge water
Englishtown

The Edgewater National Bank .
The First National Bank of Englishtown

The First National Bank of Allendale .
Allenhurst National Bank and Trust Company
The Farmers National Bank of Allentown .




. . . .

President, Vice President, or Cashier
President, Vice President, or Cashier
President, or Cashier
President, any Vice President, or Cashier

President,
President,
President,
President,

any Vice
any Vice
any Vice
any Vice

President,
President,
President,
President,

or
or
or
or

Cashier
Cashier
Cashier
Cashier

President, any Vice President,
President, any Vice President,
J. E. Green, Cashier
E. A. Fisher, Cashier
President, any Vice President,
President, any Vice President,

or Cashier
or Cashier

President,
President,
President,
President,

any
any
any
any

Vice President,
Vice President,
Vice President,
Vice President,

or
or
or
or

Cashier
Treasurer
Cashier
Cashier

President,
President,
President,
President,
President,
President,

any Vice President,
any Vice President,
any Vice President,
any Vice President,
any Vice President,
any Vice President,

or
or
or
or
or
or

Cashier
Cashier
Cashier
Cashier
Treasurer
Cashier

or Treasurer
or Cashier

Wm. H. Heart, Cashier
President, any Vice President, Treasurer, or
Assistant Treasurer
Chairman of the Board, President, any Vice
President, or Cashier
President, any Vice President, or Cashier

NEW JERSEY (Continued)
Place

Bank or Trust Company

Officers Authorized to Cast Vote

Farmingdale

The First National Bank of Farmingdale

President, any Vice President, Cashier, or
E. O. Murphy, Cashier

Flemington
Fords
Fort Lee
Fort Lee

The Flemington National Bank and Trust Company .
The Fords National Bank
First National Bank in Fort Lee
Fort Lee Trust Company

Franklin
Freehold
Frenchtown
Garfield
Garwood
Glen Eidge
Glen Rock
Guttenberg
Ha ckettstown
Hackettstown
Haledon
Hamburg
High Bridge
Highland Park
Hillsdale
Hillside
Hope
Irvington

Sussex County Trust Company
The Central National Bank of Freehold
. . . .
The Union National Bank of Frenchtown
. . . .
First National Bank in Garfield
The First National Bank of Garwood
Glen Ridge Trust Company
Glen Rock Bank
Liberty National Bank in Guttenberg
The Hackettstown National Bank
The Peoples National Bank of Hackettstown .
Haledon National Bank
The Hardyston National Bank of Hamburg .
The First National Bank of High Bridge
. . . .
The First National Bank of Highland Park . . .
The Hillsdale National Bank
The Hillside National Bank (P.O., Elizabeth, N. J.)
The First National Bank of Hope
The Peoples National Bank & Trust Company
Irvington

President, any Vice President, or Cashier
Fulton R. Hardman, Cashier
President, any Vice President, Samuel J. Corker,
President, or Peter Heft, Vice President
President, any Vice President, or Cashier
President, or Cashier
J. Hosey Osborn, a Director
T. R. Hoffman, Cashier
President, any Vice President, or Secretary
President, any Vice President, or Cashier
President, any Vice President, or Cashier
M. T. Welsh, President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, or any Vice President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
of

Jamesburg
Keansburg
Keyport

The First National Bank of Jamesburg
The Keansburg National Bank .
The Peoples National Bank of Keyport

Lambertville

The Amwell National Bank of Lambertville

Lambertville
Linden

The Lambertville National Bank
Linden Trust Company

Little Falls
Little Ferry
Livingston
Madison
Manasquan
Manville
Matawan
Metuchen
Milford
Milltown
Netcong
Newark
North Arlington
North Bergen
Nutley
Nutley
Nutley
Oradell
Palisades Park
Park Ridge
Paterson
Paterson
Perth Amboy
Plainfield
Pla infield
Prospect Park

The Little Falls National Bank
The Little Ferry National Bank
Livingston National Bank
The First National Bank of Madison
Manasquan National Bank
The Manville National Bank
The Farmers and Merchants National Bank of Matawan .
Metuchen National Bank
The First National Bank of Milford
The First National Bank of Milltown
The Citizens National Bank of Netcong
The Mount Prospect National Bank of Newark .
The North Arlington National Bank
The First National Bank of North Bergen
.
Bank of Nutley
The First National Bank of Nutley
The Franklin National Bank of Nutley
The First National Bank of Oradell
The National Bank of Palisades Park
The First National Bank of Park Ridge
National Bank of America in Paterson
National Union Bank in Paterson
The Raritan Trust Company of Perth Amboy
Mid-City Trust Company
The Plainfield National Bank
The Prospect Park National Bank (P.O., Pateraon, N. J.)




.

President, any Vice President , Cashier, or
any Assistant Cashier
M. I. Voorhees, Cashier
President, any Vice President, or Cashier
President, any Vice President , Cashier, or
the Secretary
President, any Vice President , Cashier, or
any Assistant Cashier
President, any Vice President, or Cashier
President, any Vice President, or Secretary and
Treasurer
or Cashier
President, any Vice President,
or Cashier
President, any Vice President,
or Cashier
President, any Vice President,
or Cashier
President, any Vice President,
or Cashier
President, any Vice President,
Henry S. Terhune, President
President, W. Egbert Thomas

President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
B. R. Colwell, President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Treasurer
President, any Vice President, or Cashier
President, any Vice President, or Cashier

n

NEW JERSEY
Bank or Trust Company

Place
Rahway
Ridgefield
Rochelle Park
Rockaway
Sayreville
Sea Bright
Secaueus
Somerville
South Orange
South Plainfield
Springfield
Spring Lake
Sussex
Tenafly
Union
Weehawken
West Englewood
Westfield
West New York
Westwood
Westwood
Whippany
Wood Ridge
VVyekoff

(Continued)
Officers Authorized to Cast Vote

Rahway Trust Company
Jan van Herwerden, President
The Ridgefield National Bank
President, any Vice President, or
Rochelle Park Bank, of Rochelle Park, N. J
President, any Vice President, or
President, any Vice President, or
First National Bank in Rockaway
President, any Vice President, or
The First National Bank of Sayreville
The Sea Bright National Bank
Peoples National Bank of Secaueus
President, any Vice President, or
The Second National Bank of Somerville
Seymour 0. Coeyman, Treasurer
South Orange Trust Company
The First National Bank of South Plainfield
. . . . Peter J. Miller, Cashier
The First National Bank of Springfield
Fred F . Schock, President
First National Bank of Spring Lake
President, any Vice President, or
The Farmers National Bank of Sussex
President, or any Vice President
The Northern Valley National Bank of Tenafly .
John R. Buchanan, President
The Union Center National Bank
The Hamilton National Bank of Weehawken
. . . . President, Alfred J . Curtin
President, any Vice President, or
The West Englewood National Bank
President, any Vice President, or
The National Bank of Westfield
National Bank of West New York
The First National Bank of Westwood
President, any Vice President, or
Westwood Trust Company
President, any Vice President, or
The First National Bank of Whippany
The Wood Ridge National Bank
The First National Bank of Wyckoff
President, any Vice President, or

Cashier
Cashier
Cashier
Cashier

Cashier

Cashier

Cashier
Cashier
Cashier
Treasurer

Cashier

NEW YORK

Barker
Batavia

Citizens and Farmers Trust Company, Adams, New York
The First National Bank of Addison
First National Bank of Afton
The First National Bank of Allegany
The First National Bank of Altamont
The First National Bank of Amenia
The Bank of Amityville
First National Bank and Trust Company of Amityville .
The National Bank of Andes
The Andover National Bank
The Evans National Bank of Angola
The Citizens Bank of Arcade
The First National Bank of Ardsley
The National Bank of Argyle
The Athens National Bank
Atlanta National Bank
The First National Bank of Aurora
Bank of Avoca
The Babylon National Bank & Trust Company
The First National Bank of Bainbridge
The First National Bank and Trust Company of
Baldwinsville
The Somerset National Bank of Barker
The First National Bank of Batavia

Batavia
Bath
Bay Shore
Beacon
Beacon
Belfast
Bellerose

Genesee Trust Company
The Bath National Bank
The First National Bank and Trust Company of Bay Shore
The Fishkill National Bank of Beacon
The Matteawan National Bank of Beacon
The First National Bank of Belfast
The First National Bank of Bellerose

Adams
Addison
Afton
Allagany
Altamont
Amenia
Amityville
Amityville
Andes
Andover
Angola
Arcade
Ardsley
A r gyle
Athens
Atlanta
Aurora
Avoca
Babylon
Bainbridge
Baldwinsville




President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
J. Alex Stott, Assistant Cashier
President, any Vice President, or Cashier
President
Chester K. Owen, President
President, any Vice President, or Cashier
Fred J. Laird, Cashier
N. Lansing Zabriskie, President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
J. L. Dickinson, Cashier
President, any Vice President, Cashier, or the
Assistant Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
W. W. Dort, President

NEW YOEK

(Continued)

Bank or Trust Company

Place
Bellniore
Heliport

The First National Bank of Bellmore
The Bellport National Bank . . .

Belmont
Blasdell
Bliss
Bolivar
Bolton Landing
Boonville
Boonville
Brewster
Bridgehanipton
Broekport
Buffalo
Cairo
Caledonia

The State Bank of Belmont
Bank of Blasdell
The Bliss National Bank
The First National Bank of Bolivar
Bolton National Bank of Bolton Landing
The First National Bank of Boonville
The National Exchange Bank of Boonville
. .
The First National Bank of Brewsters
The Bridgehampton National Bank
Broekport National Bank
The Lincoln-East Side National Bank of Buffalo .
The First National Bank of Cairo
The First National Bank of Caledonia

Officers Authorized to Cast Vote

Cullicoon
Cambridge
Camden
Canajoharie
Canastota
Candor
Canisteo

.

President, any Vice President, or Cashier
President, any Vice President, Cashier, or
President W. V. Hamilton
First National Bank in Callicoon
President, any Vice President, or Cashier
r
The Cambridge A alley National Bank
President, any Vice President, or Cashier
The First National Bank and Trust Company of Camden Chairman of the Board, President, any Vice
President, or Cashier
National Spraker Bank in Canajoharie
B. F. Spraker, President
The First National Bank of Canastota .
President
The First National Bank of Candor
Wm. B. Smith, President
First State Bank, Canisteo, N. Y. .
President, any Vice President, Cashier, or
Assistant Cashier
The First National Bank of Canton
President, any Vice President, or Cashier
The St. Lawrence County National Bank of Canton .
President, any Vice President, or Cashier
The Putnam County National Bank of Carmel
Clayton Ryder, President

Canton
Canton
Carmel
Castleton on
Hudson
Cato
Catskill
Catskill
Cattaraugus
Cedarlmrst

The National Exchange Bank of Castleton on Hudson
The First National Bank of Cato
Catskill National Bank and Trust Company .
The Tanners National Bank of Catskill
. . . .
Bank of Cattaraugus
Peninsula National Bank of Cedarhurst
. . . .

Center Moriches
Central Islip
Central Square
Central Valley
Chappaqua
Chateaugay
Cliatham
Cherry Creek
Cherry Valley
Chester
Clayton
Clifton Springs
Clinton
Clyde
Clymer
Cohocton

Center Moriches Bank
The Central Islip National Bank
The First National Bank of Central Square .
The Central Valley National Bank
The Chappaqua National Bank
The First National Bank of Chateaugay
. . . .
State Bank, Chatham, New York
Cherry Creek National Bank
Otsogo County National Bank of Cherry Valley .
The Chester National Bank
The First National Exchange Bank of Clayton
The Ontario National Bank of Clifton Springs .
The Hayes National Bank of Clinton
The Briggs National Bank & Trust Company of Clyde
Jlymer State Bank
The Cohocton State Bank

Cold Spring
Copenhagen
Cornwall
Coxsackie
Croghan
Croton on
Hudson
Cuba

The
The
The
The
The




President, any Vice President, or Cashier
President, any Vice President, Cashier, or
W. B. Macintosh, President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
. President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier

National Bank of Cold Spring on Hudson
Copenhagen National Bank
. . . .
Cornwall National Bank
National Bank of Coxsackie
. . . .
Croghan National Bank

The First National Bank of Croton on Hudson
The Cuba National Bank

President, any Vice President, or Cashier
President, any Vice President, or Cashier

Chairman of the Board, President, any Vice
President, or Cashier
President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President,
President,
President,
President,

any
any
any
any

Vice President,
Vice President,
Vice President,
Vice President,

or
or
or
or

Cashier
Cashier
Cashier
Cashier

President,
President,
President,
President,

any
any
any
any

Vice President,
Vice President,
Vice President,
Vice President,

or
or
or
or

Cashier
Cashier
Cashier
Cashier

President, any Vice President, Cashier, or
Assistant Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
J. 8. Holloran, Cashier
President, or any Vice President
President, any Vice President, or Cashier
President, any Vice President, or Cashier

NEW YORK (Continued)
Bank or Trust Company

Place
Cuba
Cut.chogue
Dansville
Delhi
Delmar
Deposit
Do Kuyter
Dexter
DoJgeville
Dover Plains
Downsville
Dryden
Dundee
Dunkirk
Ear Mile
East Islip
East Northport
Eastport
East Roekaway
East Setauket
Edmeston
Edwards
Ellenburg Depot
Ellenville
Ellenville
Elmsford
Endicott
Endieott
Evans Mills
Fair Haven
Fairport
Falconer
Farmingdale
Farmingdale
Fleischmanns
Floral Park
Florida
Fonda
Forestville
Fort Edward
Frankfort
Franklin Square
Franklin ville
Fredonia
Fredonia
Freeport
Friendship
Fultonville
Gainesville
Garden City
Glen Cove
Glen Head
Goshen
Gouverneur

Officers Authorized to Cast Vote

President, any Vice President, or Cashier
The First National Bank of Cuba
President, any Vice President, or Cashier
The First National Bank of Cutt'hogue
The Merchants and Farmers National Bank of Dansville President, any Vice President, or Cashier
President, any Vice President, Cashier, or
The Delaware National Bank of Delhi
W. W. Honeywell, President
Bank of Bethlehem
President, any Vice President, or Cashier
The Farmers National Bank of Deposit
De Kuyter State Bank
President, any Vice President, Cashier, or
The First National Bank of Dexter
Assistant Cashier
The First National Bank of Dolgeville .
President, any Vice President, or Cashier
The Dover Plains National Bank .
E. G. Eeynolds, President
The First National Bank of Downsville
President, any Vice President, or Cashier
The First National Bank of Dryden .
J. D. Ross, President
The Dundee National Bank
President, any Vice President, Cashier, or an
Assistant Cashier
The Merchants National Bank of Dunkirk . . . . President, any Vice President, or Cashier
The First National Bank of Earlville
H. H. White, President
The First National Bank of East Islip
President, or Cashier
The Citizens National Bank of East Northport .
President, any Vice President, or Cashier
The Eastport National Bank
President, any Vice President, or Cashier
East Roekaway National Bank & Trust Company .
The Tinker National Bank of East Setauket
. . . . President
President, any Vice President, or Cashier
The First National Bank of Edme3ton
The Edwards National Bank
'"..*•
The State Bank of Ellenburg
The First National Bank and Trust Company of Ellenville President, any Vice President, or Cashier
President, any Vice President, or Cashier
The Home National Bank of Ellenville
President, any Vice President, or Cashier
The First National Bank of Elmsford
President, any Vice President, or Cashier
The Endicott National Bank
Union Trust Company of Endicott (P. O.; Union Sta- President, any Vice President, Cashier, or
tion, N. Y.)
•_.--.
Assistant Treasurers
Peoples Bank of Evans Mills
President, any Vice President, or Cashier
The Fair Haven National Bank
Fairport National Bank and Trust Company
. . . . Chairman of the Board, President, any Vice
President, or Cashier
C. E. Olson, Cashier
The First National Bank of Falconer .
President, any Vice President, or Cashier
The Bank of Farmingdale
. . . .
President, any Vice President, or Cashier
The First National Bank of Farmingdale
The First National Bank of Fleischmanns
Vice President and Cashier Chas. H. Van
Floral Park Bank
Nostrand
The National Bank of Florida
. . . .
President, any Vice President, or Cashier
The National Mohawk River Bank of Fonda
The First National Bank of Forestville
The Fort Edward National Bank . . .
Citizens First National Bank of Frankfort
Chairman of the Board, President, any Vice
President, or Cashier
The Franklin Square National Bank
President, any Vice President, or Cashier
The Union National Bank of Franklinvillc
President, any Vice President, or Cashier
Citizens Trust Company of Fredonia, New York
President, any Vice President, Cashier, or any
Assistant Cashier
The National Bank of Fredonia
President, any Vice President, or Cashier
The Citizens National Bank of Freeport
The Union National Bank of Friendship
President, any Vice President, or Cashier
The Fultonville National Bank .
The Gainesville National Bank .
President, any Vice President, or Cashier
Garden City Bank and Trust Company
The First National Bank of Glen Cove .
President, any Vice President, or Cashier
The First National Bank of Glen Head .
The Goshen National Bank
. . . .
W. R. Wells, Cashier
First National Bank in Gouverneur .
Nelson R. Caswell, President




NEW YORK (Continued)
Bank or Trust Company

Place

Officers Authorized to Cast Vote

Grand Gorge
Granville
Greene
Greenport
Greenport
Greenwich
Greenwood
Groton

The First National Bank of Grand Gorge .
The Washington County National Bank of Granville
First National Bank in Greene
The First National Bank of Greenport
The Peoples National Bank of Greenport .
The First National Bank of Greenwich
The First National Bank of Greenwood
The First National Bank of Groton
. . . .

Hamburg
Hamden
Hamilton

The People's Bank of Hamburgh .
The First National Bank of Hamden
The National Hamilton Bank
. .

Hammond
Hammondsport

The Citizens National Bank of Hammond
The Bank of Hammondsport
. . . .

Hampton Bays
Hancock
Harrison
Harrisville
Hartsdale
Hartwick
Hastings-uponHudson
Haverstraw
Hermon
Henvelton
Ilieksville
Highland
Highland Falls
Hobart
Holcomb
Holland Patent;

The
The
The
The
The
The

Homer
Horseheads
Hudson Falls
lluntington
llion
hiterlaken
Inwood
Irvington
Islip
Jeffersonville
Jordan
Katonah
Keeseville
Kejrhonkson
Kinderhook
Kings Park
Kingston
Lackawanna
Lacona
La Fargeville
Lake George
Lake
Ronkonkoma
Lancaster
Liberty
Lindenhurst




.

Hampton Bays National Bank
First National Bank of Hancock
First National Bank of Harrison .
First National Bank of Harrisville
Hartsdale National Bank .
Hartwick National Bank . . .

.

.

President, any Vice President, or Cashier
D. D. Nelson, Cashier
Cashier
G. C. Adams, President
Irving L. Price, Cashier
Judson Edie, President
President, any Vice President, Cashier, O. O.
Rhodes, Assistant Cashier, or M. M. Gale,
Assistant Cashier
President, or Cashier
President, any Vice President, or Cashier
Chairman of the Board, President, any Vice
President, or Cashier
Robert Smith, Vice President
President, any Vice President, Cashier, or
Assistant Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Fred E. Whipple, Cashier
President, any Vice President, or Cashier
H. D. Bilderbeck, Cashier

The First National Bank of Hastings-upon-Hudson .
The National Bank of Haverstraw and Trust Company . H. N. Wood, President
Geo. N. Risley, Cashier
The First National Bank of Hermon
The First National Bank of Heuvelton
Cashier
The Long Island National Bank of Hieksville
J. W. Feeter, a Director
The First National Bank of Highland
Frederick R. Fitchett, President
First National Bank in Highland Falls
President, any Vice President, or Cashier
The National Bank of Hobart
The Hamlin National Bank of Holcomb
The First National Bank of Holland Patent
. . . . President, any Vice President, Cashier, or
Assistant Cashier
The Homer National Bank
President, any Vice President, or Cashier
The First National Bank of Horseheads
F. J. Campbell, President
The Peoples National Bank of Hudson Falls
. . . . President, any Vice President, or Cashier
First National Bank and Trust Company of lluntington President, any Vice President, Cashier, or any
Assistant Cashier
The Manufacturers National Bank of llion
. . . . President, any Vice President, or Cashier
The Wheeler National Bank of Interlaken
. . . . President, any Vice President, or Cashier
The First National Bank of Inwood
President, any Vice President, or Cashier
The Irvington National Bank and Trust Company
President, any Vice President, or Cashier
The First National Bank of Islip
President, any Vice President, or Cashier
The First National Bank of Jeffersonville
. . . . President, any Vice President, or Cashier
The Jordan National Bank
Ellery T. Delling, Cashier
Northern Westchester Bank
President, any Vice President, or Cashier
The Keeseville National Bank
President, any Vice President, Cashier, or
Assistant Cashier
The Kerhonkson National Bank .
The National Union Bank of Kinderhook .
The National Bank of Kings Park .
The Rondout National Bank of Kingston .
Henry D. Fagher, Cashier
The American Bank
President, any Vice President, or Cashier
The First National Bank of Lacona
President, any Vice President, or Cashier
The First National Bank of La Fargeville
President, any Vice President, or Cashier
First National Bank of Lake George .
President, any Vice President, or Cashier
The
The
The
The

National Bank of Lake Ronkonkoma
Citizens National Bank of Lancaster
National Bank of Liberty . . .
First Natio?ial Bank of Lindenhnrst

Joseph F. Schaefer, President
President, any Vice President, or Cashier
George Pebler, Cashier

NEW YORK
Bank or Trust Company

Place
Lisbon
Lisle
Livingston
Manor
Livonia
Locke
Long Beach
Lowville
Lynbrook
Lyons
Lyons Falls
Mahopac
Malone
Malone
Manhasset
Marathon
Marcellus
Margaretville
Marion
Marlboro
Massena
Mattituck
Maybrook
Mayville
Merrick
Mexico
Middleburgli
Middleville
Milford
Millbrook
Millerton

(Continued)
Officers Authorized to Cast Vote

The First National Bank of Lisbon
The First National Bank of Lisle

E. E. Jones, Cashier
President, any Vice President, or Cashier

The
The
The
The
The
The

President, any Vice President, or Cashier

Livingston Manor National Bank
Stewart National Bank of Livonia
Citizens Bank of Locke, N. Y
National City Bank of Long Beach
Black River National Bank of Lowville
. . . .
Peoples National Bank and Trust Company of Lynbrook
The Lyons National Bank
The Lyons Falls National Bank
The Mahopac National Bank
The Citizens National Bank of Malone
The Farmers National Bank of Malone
First National Bank and Trust Company of Manhasset
The First National Bank of Marathon
The First National Bank of Marcellus
The Peoples National Bank of Margaretville
. . . .
The First National Bank of Marion

President, any Vice President, or Cashier
President

William F. Ploch, Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Edward S. A gar, President
J. M. Cantwell, President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President
J. C. Parsons, President
Frank Kettle, Cashier
President, any Vice President, Cashier, or
Assistant Cashier
The First National Bank of Marlboro
J. F. Wygant, President
The First National Bank and Trust Company of Massena President
The Massena Banking and Trust Company
. . . .
The Mattituck National Bank and Trust Company
President, any Vice President, or Cashier
The Maybrook National Bank
•John F. Shields, President
The State Bank of Mayville, Mayville, New York
. . President, any Vice President, or Cashier
The First National Bank of Merrick
Frederick H. Buss, Cashier
The First National Bank of Mexico
('. A. Peck, Cashier
The First National Bank of Middleburgli
W. G. Beekman, Cashier
The Middleville National Bank
President, any Vice President, or Cashier
The Milford National Bank
President, any Vice President, or Cashier
Bank of Millbrook
President, Vice President, or Cashier
The Millerton National Bank
President, any Vice President, Cashier, or
Frank A. Hotehkiss, President
The First National Bank of Milton
Arthur B. Merritt, Cashier
The Central National Bank of Mineola
President, any Vice President, or Cashier
First National Bank of Minoa
President, Vice President, or Cashier
First National Bank in Montgomery
President, any Vice President, or Cashier
Montour National Bank in Montour Falls
. . . .
The First National Bank of Moravia
The First National Bank of Morris
President, any Vice President, or Cashier
The Frontier National Bank of Morristown
. . . . President, any Vice President, or Cashier
The First National Bank of Mormville
H. C. Wood, President
Trust Company of Northern Westehester
Nanuet National Bank
President, any Vice President, or Cashier
The First National Bank of Narrowsburg
President, any Vice President, or Cashier
The First National Bank of Newark Valley
. . . . President, any Vice President, or Cashier
President, any Vice President, or Cashier
The National Bank of New Berlin
The First National Bank of New Hartford
. . . . President, any Vice President, or Cashier
The Huguenot National Bank of New Paltz
. . . . President, any Vice President, or Cashier
President, any Vice President, or Cashier
The Nichols National Bank
President, any Arice President, or Cashier
The First National Bank of Norfolk
The Bank of North Collins
The North Creek National Bank
President, any Vice President, or Cashier
The First National Bank and Trust Company of Northport
The North Syracuse National Bank

Milton
Mineola
Minoa
Montgomery
Moutour Falls
Moravia
Morris
Morristown
Morrisville
Mount Kisco
Nanuet
Narrowsburg
Newark Valley
New Berlin
New Hartford
New Paltz
Nichols
Norfolk
North Collins
North. Creek
Northport
North Syracuse
North
The First National Bank of North Tarrytown
. . . . President
Tarry town
The Oceanside National Bank (P. O., Rockville Centre,
Oceanside
N. Y.)
President, any Vice President, or Cashier
Odessa
The First National Bank of Odessa
. President, any Vice President, or Cashier




NEW YORK (Continued)
Place

Bank or Trust Company

Officers Authorized to Cast Vote

Old Forge
Olean

The First National Bank of Old Forge
Olean Trust Company
. . . .

Oneonta

The Citizens National Bank and Trust Company of
Oneonta
State Bank of Ontario
Bank of Orchard Park
The First Trust and Deposit Company of Oriskany Falls,
N. Y
"
The First National Bank of Ovid . .
The First National Bank of Owego .
The Owego National Bank
. . . .
The National Bank of Oxford
The First National Bank of Painted Post
The Peoples National Bank of Patchogue
The National Bank of Pawling .

President, any Vice President, or Treasurer
Patrick Savage, Cashier
President, any Vice President, or Cashier
T. H. Reddish, Vice President

The Harbor National Bank of Port Washington .
The Citizens National Bank of Potsdam .
The First National Bank of Ravena
The Red Creek National Bank
The First National Bank of Red Hook
The Redwood National Bank
The First National Bank of Remsen .
The First National Bank of Rhinebeck

President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier

The First National Bank of Richfield Springs
The First National Bank of Roosevelt
The First National Bank & Trust Company of Roseoe
The Roslyn National Bank & Trust Company .
The National Bank of Roxbury
The Peconic Bank
The First National Bank of St. Johnsville .
The St. Regis Falls National Bank

Geo. T. Brockway, President
President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Arthur F. Bonton, President

Ontario
Orchard Park
Oriskany Falls
Ovid
Owego
Owego
Oxford
Painted Post
Patchogue
Pawling
Pearl River
Pearl River
Peekskill
Perry
Perry
Phelps
Philmont
Pine Bush
Pine Plains
Pittsford
Pleasantville
Poland
Port Byron
Port Henry
Port Jefferson
Port Jervis
Port Leyden
Port
Washington
Potsdam
Ravena
Red Creek
Red Hook
Redwood
Remsen
Rhinebeck
Richfield
Springs
Roosevelt
Roscoe
Roslyn
Roxbury
Sag Harbor
St. Johnsville
St. Regis Falls
Salamanca
Salem
Saranac Lake
Saranac Lake
Saugerties
Savannah




President, any Vice President, or Cashier
President, any Vice President, Secretary, or
Treasurer
M. C. Hemstreet, Cashier
President, any Vice President, or Cashier

President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, Cashier, or
Assistant Cashier
First National Bank and Trust Company of Pearl River . President, any Vice President, or Cashier
State Bank of Pearl River, New York
President, any Vice President, or Cashier
The Peekskill National Bank and Trust Company .
The Citizens Bank of Perry
President, any Vice President, or Cashier
The First National Bank of Perry
President, any Vice President, or Cashier
The National Bank of Phelps
Philmont National Bank
The National Bank of Pine Bush
The Stissing National Bank of Pine Plains . . . . President, any Vice President, or Cashier
The Pittsford National Bank
President, any Vice President, or Cashier
The First National Bank of Pleasantville
President, any Vice President, or Cashier
The Citizens National Bank of Poland
President, any Vice President, Cashier, or
Stephen R. Brayton, President
The National Bank of Port Byron
President, any Vice President, or Cashier
The Citizens' National Bank of Port Henry
The First National Bank of Port Jefferson
. . .
President Francis A. Kline
The National Bank and Trust Company of Port Jervis
President
The Port Leyden National Bank
President, any Vice President, Cashier, or
George W. Niece, Cashier

President, any Vice President, or Cashier
President, any Vice President, Cashier, or
Assistant Cashier
President, any Vice President, or Cashier

The First National Bank of Salamanca
The Salem National Bank
Adirondack National Bank and Trust Company of
Saranac Lake
. . President
President, any Vice President, or Cashier
The Saranac Lake National Bank
The First National Bank & Trust Company of Saugerties President, any Vice President, Cashier, or
Stephen Cordes, Director
The National Bank of Savannah
10

NEW YORK (Continued)
Place

Bank or Trust Company

Officers Authorized to Cast Vote

Sayville

The Oystermen's Bank and Trust Company

Schenevus
Schuylerville
Sea Cliff
Seaford
Sharon Springs
Sherburne
Sherrill
Sidney
Silver Creek
Silver Creek
Silver Springs
Skaneateles

The Schenevus National Bank
The National Bank of Schuylerville
. . .
The State Bank of Sea Cliff, N. Y
The Seaford National Bank
The First National Bank of Sharon Springs
The Sherburne National Bank
The First National Bank of Sherrill . . .
First National Bank in Sidney
The First National Bank of Silver Creek . . .
The Silver Creek National Bank
The Silver Springs National Bank
National Bank and Trust Company of Skaneateles

Smithtown
Branch
Southampton
South Fallsburg
South Otselic
Sparkill
Spring Valley
Springville
Stamford
Stony Brook
Tarrytown
Tarrytown
Theresa
Ticonderoga
Tuekahoe
Tully
Tupper Lake
Tuxedo
Unadilla
Vernon
Walden
Wallkill
Walton
Wappingers
Falls
Warrensburg
Warwick
Wa shingtonville
Waterloo
Waterville
Watkins Glen
Wa tkins Glen
Waverly
Wayland
Weedsport
Wells
Wellsville
Westbury
Westbury
Westfield
Westhampton
Beach
West Hempstead
Westport
West Winfield

Bank of Smithtown
The Southampton Bank
The South Fallsburg National Bank
The Otselic Valley National Bank of South Otselic
The First National Bank of Sparkill
Eamapo Trust Company
he Citizens National Bank of Springville
The National Bank of Stamford
Bank of Suffolk County
The Tarrytown National Bank and Trust Company .
Washington Irving Trust Company
The Farmers National Bank of Theresa
The Ticonderoga National Bank
The Crestwood National Bank in Tuekahoe .
The First National Bank of Tully
The Tupper Lake National Bank
The National Bank of Tuxedo
The Unadilla National Bank
The National Bank of Vernon
The First National Bank and Trust Company of Walden
The Wallkill National Bank
The First National Bank and Trust Company of Walton
The National Bank of Wappingers Falls .
The Emerson National Bank of Warrensburgh
The First National Bank of Warwick .
entral National Bank of Washingtonville
The First National Bank of Waterloo .
The National Bank of Waterville
. . . .
len National Bank of Watkins Glen
Watkins State Bank
The Citizens National Bank of Waverly
The First National Bank of Wayland .
The First National Bank of Weedsport
The Hamilton County National Bank of Wells
The Citizens National Bank of Wellsville .
3ank of Westbury Trust Company
. . . .
The Wheatley Hills National Bank of Westbury
The National Bank of Westfield
Seaside Bank
The West Hempstead National Bank .
The Lake Champlain National Bank of Westport
The West Winfield National Bank
. . . .




11

Chairman, President, any Vice President, or
Secretary
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President
President, any Vice President, or Cashier
President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, Cashier, W. L.
Cavell, President, or W. B. De Witt, Chairman
of Board
President, any Vice President^ or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Frank E. Cox, Cashier
President, any Vice President, or Cashier
President, any Vice President, or Treasurer
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, or Cashier
President, any Vice President, or Treasurer
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President Elmer Dell
President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Jas. A. Emerson, Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier

President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Frank M. Wall, Cashier
President, any Vice President, or Cashier
Chairman of the Board, President, any Vice
President, or Cashier
F. W. Crandall, President
Stephen A. Bedell, President
President, any Vice President, or Cashier
President, any Vice President, Cashier, or
Assistant Cashier

NEW YORK

(Continued)

Bank or Trust Company

Place
Whitehall
Whitesboro
Whitesville
Whitney Point
Williston Park

The
The
The
The
The

Willsboro
Windham
Windsor
Winthrop
Wolcott
Woodridge
Wyoming

The
The
The
The
The
The
The

Officers Authorized to Cast Vote

Merchants National Bank of Whitehall
. . . . President, any Vice President, or
Whitestown National Bank of Whitesboro
President, any Vice President, or
First National Bank of Whitesville
President, any Vice President, or
First National Bank of Whitney Point
. . . . William Denning, President
Williston National Bank of Williston Park
President, any Vice President, or
( P . 0., East Williston, N. Y.)
Essex County National Bank of Willsboro
. . . . President, any Vice President, or
National Bank of Windham
President, any Vice President, or
Windsor National Bank
First National Bank of Winthrop
President, any Vice President, or
First National Bank of Wolcott
President, any Vice President, or
First National Bank of Woodridge
President, any Vice President, or
National Bank of Wyoming
President, any Vice President, or

Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier

NEW YORK CITY
Brooklyn

The Bensonhurst National Bank of Brooklyn in New
York
The Flatbush National Bank of Brooklyn in New York . President, or any Vice President

Manhattan

The Harbor State Bank

President, any Vice President, or Cashier

Queens
College Point College Point National Bank of New York
The Fidelity National Bank in New York
Elmhurst
Springfield
The Springfield Gardens National Bank of New York
Gardens
Richmond
Mariner
Harbor
West New
Brighton




Oscar J. Goerke, Cashier

President, any Vice President, or Cashier

The Mariner Harbor National Bank

President, any Vice President, or Cashier

West New Brighton Bank

President, any Vice President, or Cashier

•

12

FEDERAL RESERVE BANK
OF NEW YORK

Nomination for Class "A" Director, 1936
GROUP NO. 3

DISTRICT NO. 2

At a meeting of the Board of Directors of the
(Name of Bank)

.duly called and held on the

Of

day

(City or Town and Sta.te)

of

1936, on motion duly made and seconded, it was
"RESOLVED, That

, of

whose occupation is
, be, and he is hereby, nominated by this
bank as a candidate for director of class A of the Federal Reserve Bank of New York, and
the cashier or other officer of this bank is hereby authorized, empowered and directed to
send a certified copy of this resolution to the Deputy Chairman of the Board of Directors
of the Federal Reserve Bank of New York."
I hereby certify that the foregoing is a true and correct copy of a resolution of the
Board of Directors of this bank duly adopted on the date specified.

(SEAL OF BANK)

(Official signature)

To OWEN D. YOUNG,
DEPUTY CHAIRMAN OF THE BOARD OF DIRECTORS,
FEDERAL RESERVE BANK OF NEW YORK.




(Title)

FEDERAL RESERVE BANK
OF NEW YORK

Nomination for Class " B " Director, 1936
DISTRICT NO. 2

•

GROUP NO. 3

At a meeting of the Board of Directors of the
(Name of Bank)

of

duly called and held on the

day

(City or Town and State)

of

1936, on motion duly made and seconded, it was
"RESOLVED, That

_

, of

whose occupation is
, be, and he is hereby, nominated by this
bank as a candidate for director of class B of the Federal Reserve Bank of New York, and
the cashier or other officer of this bank is hereby authorized, empowered and directed to
send a certified copy of this resolution to the Deputy Chairman of the Board of Directors
of the Federal Reserve Bank of New York."
I hereby certify that the foregoing is a true and correct copy of a resolution of the
Board of Directors of this bank duly adopted on the date specified.

(SEAL OF BANK)

(Official signature)

To OWEN D. YOUNG,
DEPUTY CHAIRMAN OP THE BOARD OF DIRECTORS,
FEDERAL RESERVE BANK OF NEW YORK.




<«£,)"




MR. OWEN D. YOUNG,
Deputy Chairman, Board of Directors

Federal Reserve Bank of New York
New York, N. Y.

FEDERAL RESERVE BANK
OF NEW YORK

September 30, 1936.

To the Member Bank in Group 3 Addressed:
Reference is made to circular No. 1701 dated September 30, 1936, a copy
of which is enclosed, regarding nomination and election of directors of the Federal
Reserve Bank of New York^
Each member bank has heretofore been requested to designate, by title
only, several officers to cast the vote of the member bank in elections of class A
and class B directors of this bank.

This uniform plan of designation had been

agreed upon by the chairmen of the boards of directors of all the Federal Reserve
banks and approved by the Board of Governors of the Federal Reserve System; and
was for the purpose of avoiding the inconvenience incident to the designation of a
single officer both by name and title, which made necessary the adoption of a new
resolution in the event of his promotion or resignation or if for some other reason
he was unable to cast the vote.
As our records do not indicate that your bank has heretofore furnished
the Chairman of the Board of Directors of this bank with a certified copy of resolution designating officers by title only, I am also enclosing two copies of a
form of such resolution, with the request that this form of resolution be adopted
by the board of directors and that a certified copy be sent to me.
Owen D. Young,
Deputy Chairman of the Board.
Encs.




FEDERAL RESERVE BANK
OF NEW YORK

Designation of Officers Authorized to Cast Vote of Member Bank in
Elections of Directors of Federal Reserve Bank of New York

DISTRICT NO. 2

At a meeting of the Board of Directors of the

(Name and Location of Bank)

duly called and held on the
duly made and seconded, it was

day of

, 193

, on motion

"RESOLVED, That the president, any vice president, or the cashier of this bank, or

(If designation of some officer not included in those mentioned is desired, insert his title only here)

of this bank, be and any one of them is hereby authorized, empowered and directed to cast
the vote of this bank for class A and class B directors of the Federal Reserve Bank of New
York, in accordance with the provisions of section 4 of the Federal Reserve Act, as amended.
"RESOLVED FURTHER, That the authority hereby granted shall continue in force
until revoked by the Board of Directors of this bank and that such authority heretofore
conferred on any officer of this bank is hereby revoked.''
I hereby certify that the foregoing is a true and correct copy of a resolution of the
Board of Directors of this bank, duly adopted on the date specified.
Dated the

day of

, 193

(Official signature)
(SEAL OF BANK)
'"(Title*)'

To DEPUTY CHAIRMAN OF THE BOARD OF DIRECTORS,
FEDERAL RESERVE BANK OF NEW YORK.




Designation by Holding Company Affiliate* of Member Bank to Participate in Nomination
and Election of Directors of Federal Reserve Bank of New York
" W H E R E A S this organization is a holding company affiliate, as defined in section 2 (c) of the Banking Act of 1933, as amended by section 301 of the Banking Act of 1935, with respect to only the following
named member banks of the Federal Reserve System located in the Second Federal Reserve District:

and
"WHEREAS this organization desires to designate one of said member banks to participate in the
nomination and election of directors of Federal Reserve Bank of New York to be held as set forth in
circular No. 1701 of said Federal Reserve Bank dated September 30, 1936,
"NOW, THEREFORE, BE IT RESOLVED
"That
(name of member bank)
Of
(address of member bank)

be and it hereby is designated pursuant to section 4 of the Federal Reserve Act, as amended, to participate
in the nomination and election of directors of Federal Reserve Bank of New York to be held as set forth
in circular No. 1701 of said Federal Reserve Bank dated September 30, 1936."
The undersigned hereby certifies that the foregoing is a true and correct copy of preambles and a resolution duly adopted at a meeting of the
(board of directors or other governing body)
Of
(name and location of holding company affiliate)

duly called and held on the
day of
, 1936, at which a quorum was
present and voting, and that said preambles and resolution have not been revoked or modified and are
now in full force and effect.
IN WITNESS WHEREOF I have hereunto subscribed my name and affixed the seal of the said
organization this

day of

, 1936.

(Cashier or Secretary)

To OWEN D. YOUNG,
DEPUTY CHAIRMAN OF THE BOARD OF DIRECTORS,
FEDERAL RESERVE BANK OF NEW YORK.

* Section 2 (c) of the Banking Act of 1933, as amended by section 301 of the Banking Act of
1935, defines the term "holding company affiliate" as follows:
(c) The term "holding company affiliate" shall include any corporation, business trust, association, or other
similar organization—
(1) Which owns or controls, directly or indirectly, either a majority of the shares of capital stock of a member
bank or more than 50 per centum of the number of shares voted for the election of directors of any one bank at the
preceding election, or controls in any manner the election of a majority of the directors of any one bank; or
(2) For the benefit of whose shareholders or members all or substantially all the capital stock of a member
bank is held by trustees.
Notwithstanding the foregoing, the term "holding company affiliate*' shall not include (except for the purposes
of section 23A of the Federal Eeserve Act, as amended) any corporation all of the stock of which is owned by the
United States, or any organization which is determined by the Board of Governors of the Federal Eeserve System
not to be engaged, directly or indirectly, as a business in holding the stock of, or managing or controlling, banks,
banking associations, savings banks, or trust companies.




Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102