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FEDERAL RESERVE BANK
OF NEW YORK

Circular No. 1984
October 9, 1939

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, 1939: class A director, WILLIAM F . PLOCH, President, The National City Bank
of Long Beach, Long Beach, N. Y., and class B director, ROBERT T. STEVENS, President, J. P.
Stevens & Co., 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 3-11).
Except in the case of two or more banks affiliated with the same holding company affiliate*,
each bank in Group 3 is permitted to nominate a candidate for class A director and a candidate

•Section 4 of the Federal Reserve Act, as amended, reads 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."
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, if it has not already designated, one of its affiliated banks to participate in this nomination and election.




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 27,1939. 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.
On October 31, 1939, 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 November 1, 1939. The law provides that the ballot shall
be cast within 15 days after receipt of this list. The polls will open on November 1, 1939, and
will close at 12 o'clock noon on Thursday, November 16, 1939. 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 Thursday, November 16, 1939). The list on
the following pages shows the officers heretofore designated for this purpose by the respective
banks in Group 3.
The banks in Groups 1 and 2 will not participate in this election, and this circular is sent
to them without forms for their information only.
D. YOUNG,

Chairman of the Board.

**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."
" N o Senator or Eepresentative in Congress shall be a member of the Board of Governors of the Federal Eeserve
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."




1939 Election of Directors

List of 482 Member Banks in Group 3
Revised to October 6, 1939
Group 3 consists of member banks with capital and surplus of less than $301,000
CONNECTICUT
Bank or Trust Company

Place
Bethel
East Port
Chester
New Canaan
Eidgefield

Officers Authorized to Cast Vote

The Bethel National Bank
The Byram National Bank of East Port Chester (P. O.,
Port Chester, N. Y.)
President
The First National Bank & Trust Company of New
Canaan
President, any Vice President, or Cashier
The First National Bank and Trust Company of Eidgefield
Cashier
NEW JEESEY

Allendale
Allenhurst
Allentown
Atlantic
Highlands
Bayonne
Belleville
Belmar
Belvideire
Bergenfield
Bernardsville
Blairstown
Bloonrfield
Bloomingdale
Bloomsbury
Bogota
Bogota
Boonton
Boonton
Bradley Beach
Branehville
Butler

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

President, Vice President, or Cashier

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 First National Bank of Butler

President, or Cashier

Caldwell
Carteret
Carteret
Cedar Grove
Cliff side Park
Clifton
Clinton
Clinton
Cranbury
Oranford
Dumont
Dunellen
Dunellen

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 Cliffside 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 Dumont National Bank . . . . . .
The First National Bank of Dunellen .
People's Trust Company

Eatontown

The First National Bank of Eatontown

Edgewater
Englishtown
Farmingdale
Flemington

The Edgewater National Bank
The First National Bank of Englishtown .
The First National Bank of Farmingdale .
The Flemington National Bank and Trust Company




President, 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
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
President, any Vice President, Cashier, or
the Assistant to the President
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, 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, or 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
President, any Vice President, or Cashier
President, any Vice President, or Cashier

NEW JERSEY

(Continued)

Bank or Trust Company

Place
Fords
Fort Lee
Fort Lee

The Fords National Bank
First National Bank in Fort Lee
Fort Lee Trust Company

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

Sussex County Trust Company
The Central National Bank of Freehold
The First 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 Eock 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

Officers Authorized to Cast Vote
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, Cashier, or
the Secretary and Treasurer
President, any Vice President, or Treasurer
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, or Cashier
President, or Cashier
T. B. Hoffman, Cashier
President, any Vice President, or Secretary
President, any Vice President, or
President, any Vice President, or
. . M. T. Welsh, President
President, any Vice President, or
. . President, any Vice President, or
President, or any Vice President
. . President, any Vice President, or
President, any Vice President, or
President, any Vice President, or

Cashier
Cashier
Cashier
Cashier
CaBhier

of

Jamesburg
Jersey City
Keansburg
Keyport

The
The
The
The

Lambertville

The Amwell National Bank of Lambertville

Lambertville
Little Falls
Livingston
Madison
Manasquan
Manville
Matawan
Metuchen
Milford
Milltown
Netcong
Newark

The Lambertville National Bank
The Little Falls 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 .

North Arlington
North Bergen
Nutley
Nutley

The North Arlington National Bank
The First National Bank of North Bergen
Bank of Nutley
The First National Bank of Nutley . .

Oradell
Palisades Park
Park Eidge
Plainfield
Plainfield
Eidgefield
Eidgefield Park
Bochelle Park
Sayreville
Sea Bright
Secaucus
Somerville
South Orange

The First National Bank of Oradell
. . . .
The National Bank of Palisades Park
. . . .
The First National Bank of Park Eidge . . .
t£id-City Trust Company
The State Trust Company at Plainfield, New Jersey
The Eidgefield National Bank
Eidgefield Park Trust Company
Bochelle Park Bank, of Bochelle Park, N. J. . .
The First National Bank of Sayreville
. . . .
The Sea Bright National Bank
Peoples National Bank of Secaueus
. . . .
The Second National Bank of Somerville .
South Orange Trust Company




Cashier
Cashier

First National Bank of Jamesburg
Franklin National Bank of Jersey City
Keansburg National Bank
. . . .
Peoples National Bank of Keyport .

President, any Vice President, Cashier, or
any Assistant 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
the Secretary
President, any Vice President, Cashier, or
any Assistant 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
Henry S. Terhune, President
President, W. Egbert Thomas
Chairman of the Board
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
Chairman of the Board, 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, or any Vice President
President, any Vice President, or Cashier
President, any Vice President, or Secretary
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, Cashier, or Assistant Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Treasurer

""

NEW JERSEY {Continued)

South Plainfield
Springfield
Spring Lake
Sussex
Tenafly
Tenafly
Union
Weehawken
West Englewood
Westfield
West New York
Westwood
Whippany
Woodbridge
Wood Ridge
Wyckoff

Officers Authorized to Cast Vote

Bank or Trust Company

Place

The First National Bank of South Plainfield
The First National Bank of Springfield
First National Bank of Spring Lake
The Farmers National Bank of Sussex
The Northern Valley National Bank of Tenafly
Tenafly Trust Company
The Union Center National Bank . . . .
The Hamilton National Bank of Weehawken
The West Englewood National Bank
The National Bank of Westfield
National Bank of West New York
The First National Bank of Westwood
The First National Bank of Whippany
Woodbridge National Bank
The Wood Ridge National Bank
The First National Bank of Wyckoff

. . . . Peter J. Miller, Cashier

.

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

President, any Vice President, or Cashier

NEW YORK
Citizens and Farmers Trust Company, Adams, New York President, any Vice President, or Secretary &
Treasurer
President, any Vice President, or Cashier
The First National Bank of Addison
Addison
President, any Vice President, or Cashier
First National Bank of Afton
Afton
President, any Vice President, or Cashier
The First National Bank of Allegany
Alleigany
President, any Vice President, or Cashier
The First National Bank of Amenia
Amenia
President, any Vice President, or Cashier
The Bank of Amityville
Amityville
First National Bank and Trust Company of Amityville . President, any Vice President, or Cashier
Amityville
J. Alex Stott, Assistant Cashier
The National Bank of Andes
Andes
The Andover National Bank
Andover
The Evans National Bank of Angola
President, any Vice President, or Cashier
Angola
President, any Vice President, or Cashier
The Citizens Bank of Arcade
Arcade
President
The First National Bank of Ardsley
Ardsley
Chester K. Owen, President
The National Bank of Argyle
Argyle
President, any Vice President, or Cashier
The Athens National Bank
Athens
President, any Vice President, or Cashier
Atlanta National Bank
Atlanta
President, any Vice President, or Cashier
The First National Bank of Aurora
Aurora
President, any Vice President, or Cashier
Bank of Avoca
Avoca
President, any Vice President, or Cashier
The Babylon National Bank & Trust Company
Babylon
The First National Bank and Trust Company of
Baldwinsville
President, any Vice President, or Cashier
Baldwinsville
President, any Vice President, Cashier, or
The Somerset National Bank of Barker
Barker
Assistant Cashier
The First National Bank of Batavia
President, any Vice President, Cashier, or the
Batavia
Assistant Cashier
Genesee Trust Company
President, any Vice President, or Secretary
Batavia
The Bath National Bank
President, any Vice President, or Cashier
Bath
The First National Bank and Trust Company of Bay Shore
Bay Shore
President, any Vice President, or Cashier
The Fishkill National Bank of Beacon
Beacon
President, any Vice President, or Cashier
The Matteawan National Bank of Beacon
Beacon
President, any Vice President, or Cashier
The First National Bank of Belfast
Belfast
President, any Vice President, or Cashier
The First National Bank of Bellerose
Bellerose
President, any Vice President, or Cashier
The First National Bank of Bellmore
Bellmore
President, any Vice President, or Cashier
The Bellport National Bank
Bellport
President, any Vice President, or Cashier
The State Bank of Belmont
Belmont
President, any Vice President, or Cashier
Bank of Blasdell
Blasdell
President, any Vice President, or Cashier
The Bliss National Bank
Bliss
President, any Vice President, or Cashier
The First National Bank of Bolivar
Bolivar
Bolton National Bank of Bolton Landing
President, any Vice President, or Cashier
Bolton Landing The First National Bank of Boonville
President, any Vice President, or Cashier
Boonville
The National Exchange Bank of Boonville
. . . . President, any Vice President, or Cashier
Boonville
President, any Vice President, or Cashier
The First National Bank of Brewsters
Brewster
President, any Vice President, or Cashier
The Bridgehampton National Bank
Bridgehampton The Lincoln-East Side National Bank of Buffalo .
President, any Vice President, or Cashier
Buffalo
Adams




NEW YORK (Continued)
Bank or Trust Company

Officers Authorized to Cast Vote

Cairo
Caledonia
Callicoon
Cambridge
Camden

The First National Bank of Cairo
The First National Bank of Caledonia
First National Bank in Callieoon
The Cambridge Valley National Bank
The First National Bank and Trust Company of Camden

Canajoharie
Canaseraga
Canastota
Candor
Canisteo

National Spraker Bank in Canajoharie
Canaseraga State Bank
The First National Bank of Canastota .
The First National Bank of Candor
First State Bank, Canisteo, N. Y. .

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

Canton
Canton
Carmel
Castleton on
Hudson
Cato
Catskill
Catskill
Cattaraugus
Cedarhurst

The First National Bank of Canton
The St. Lawrence County National Bank of Canton .
The Putnam County National Bank of Carmel
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
Chatham
Cherry Creek
Cherry Valley
Chester
Chestertown
Clayton
Clifton Springs
Clinton
Clyde
dymer
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
Otsego County National Bank of Cherry Valley
The Chester National Bank
Chester-Schroon-Horicon 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
Clymer State Bank
The Cohocton State Bank

Cold Spring
Copenhagen
Cornwall
Coxsackie
Croghan
Croton on
Hudson
Cuba
Cuba
Ciitchogue
Dansville
Delhi
Deposit
De Euyter
Dexter

The
The
The
The
The

The First National Bank of Croton on Hudson .
The Cuba National Bank
The First National Bank of Cuba
The First National Bank of Cutchogue
The Merchants and Farmers National Bank of Dansville
The Delaware National Bank of Delhi
The Farmers National Bank of Deposit
De Ruyter State Bank
The First National Bank of Dexter

Dolgeville
Dover Plains
Downsville
Dryden
Dundee

The First National Bank of Dolgeville .
The Dover Plains National Bank .
The First National Bank of Downsville
The First National Bank of Dryden .
The Dundee National Bank

Place




. .
.

.
Clyde

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

'

President
Wm. B. Smith, 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
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
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, 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
President, any Vice President, or Cashier
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
President, or any Vice 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, Cashier, or
Assistant Cashier
President, any Vice President, or Cashier
E. G. Eeynolds, President
President, any Vice President, or Cashier
J. D. Eoss, President
President, any Vice President, Cashier, or an
Assistant Cashier

r

NEW YORK

(Continued)

Place

Bank or Trust Company

East Islip
East Northport
Eastport
East Eockaway
East Setauket
Edmeston
Edwards
Ellenburg Depol
Ellenville
Ellenville
Elmsford
Endicott
Endicott
Endicott

The First National Bank of East Islip
The Citizens National Bank of East Northport .
The Eastport National Bank
East Bockaway National Bank & Trust Company .
The Tinker National Bank of East Setauket
. . . .
The First National Bank of Edmeston
The Edwards National Bank
.
The State Bank of Ellenburg
The First National Bank and Trust Company of Ellenville
The Home National Bank of Ellenville
The First National Bank of Elmsford
The Endicott National Bank
Endicott Trust Company
Union Trust Company of Endicott ( P . O., Union, N. Y.)

Evans Mills
Fair Haven
Fairport

Peoples Bank of Evans Mills
The Fair Haven National Bank
Fairport National Bank and Trust Company

Falconer
Farmingdale
Farmingdale
Fleisehmanns
Floral Park
Florida
Fonda
Forestville
Fort Edward
Frankfort

The First National Bank of Falconer
The Bank of Farniingdale
The First National Bank of Farmingdale
The First National Bank of Fleisehmanns
Floral Park Bank and Trust Company
The National Bank of Florida
The National Mohawk Eiver Bank of Fonda
The First National Bank of Forestville
The Fort Edward National Bank
Citizens First National Bank of Frankfort

Officers Authorized to Cast Vote
President, or Cashier
President, any Vice President, or Cashier
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, 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, Cashier, or
Assistant Treasurers

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

. . . . Chairman of the Board, President, any Vice
President, or Cashier
Franklin Square The Franklin Square National Bank .
President, any Vice President, or Cashier
Franklin ville
The Union National Bank of Franklinville
President, any Vice President, or Cashier
Fredonia
Citizens Trust Company of Fredonia, New York
President, any Vice President, Cashier, or any
Assistant Cashier
Fredonia
The National Bank of Fredonia
President, any Vice President, or Cashier
Freeport
The Citizens National Bank of Freeport
Chairman of the Board, President, any Vice
President, Cashier, or any Assistant Cashier
The Union National Bank of Friendship .
Friendship
President, any Vice President, or Cashier
The Fultonville National Bank
Fultonville
President, or Cashier
The Gainesville National Bank
Gainesville
President, any Vice President, or Cashier
The First National Bank of Glen Cove
. . . .
Glen Cove
President, any Vice President, or Cashier
The First National Bank of Glen Head
. . . .
Glen Head
W. E. Wells, Cashier
The Goshen National Bank
Goshen
President, any Vice President, or Cashier
First National Bank in Gouverneur
Gouverneur
President, any Vice President, or Cashier
The First National Bank of Grand Gorge .
Grand Gorge
D. D. Nelson, Cashier
The Washington County National Bank of Granville
Granville
Bank of Great Neck
Great Neck
First National Bank in Greene
Cashier
Greene
The First National Bank of Greenport
G. C. Adams, President
Greemport
The Peoples National Bank of Greenport .
President, any Vice President, or Cashier
Greenport
The First National Bank of Greenwich
Judson Edie, President
Greenwich
The First National Bank of Greenwood
Greenwood
The First National Bank of Groton
. . . .
President, any Vice President, or Cashier
Groton
The People's Bank of Hamburgh
President, or Cashier
Hamburg
President, any Vice President, or Cashier
The First National Bank of Hamden
. . . .
Hamden
Chairman of the Board, President, any Vice
The National Hamilton Bank
Hamilton
President, or Cashier
The Citizens National Bank of Hammond
Hammond
Eobert Smith, Vice President
.
Hammondsport The Bank of Hammondsport
President, any Vice President, Cashier, or
Assistant Cashier
Hampton Bays The Hampton Bays National Bank
President, any Vice President, or Cashier
The First National Bank of Hancock
Hancock
President, any Vice President, or Cashier
The First National Bank of Harrison
Harrison
President, any Vice President, or Cashier




NEW YORK

(Continued)

Bank or Trust Company

Place

Officers Authorized to Cast Vote

Harris ville
Hartsdale
Hartwick
Hastings-onHudson
Haverstraw
Hermon
Henvelton
Hicksville
Highland
Highland Falls
Hobart
Holcomb
Holland Patent*

The First National Bank of Harrisville
The Hartsdale National Bank .
The Hartwick National Bank

Fred E. Whipple, Cashier
President, any "Vice President, or Cashier
H. D. Bilderbeck, Cashier

The First National Bank of Hastings-on-Hudson .
The National Bank of Haverstraw and Trust Company
The First National Bank of Hermon
The First National Bank of Heuvelton
. . . .
The Long Island National Bank of Hicksville
The First National Bank of Highland
First National Bank in Highland Falls
. . . .
The National Bank of Hobart
The Hamlin National Bank of Holcomb
. . . .
The First National Bank of Holland Patent .

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

Homer
Hudson Falls
Hudson Falls
Huntington

The Homer National Bank
The Peoples National Bank of Hudson Falls .
The Sandy Hill National Bank of Hudson Falls . .
First National Bank and Trust Company of Huntington

Ilion
Interlaken
Inwood
Irvington
Islip
Jeffersonville
Jordan
Katonah
Keeseville

The Manufacturers National Bank of Ilion
. . . .
The Wheeler National Bank of Interlaken
. . . .
TheFirstNationalBankof Inwood (p.O., FarRockaway.N.Y.)
The Irvington National Bank and Trust Company
The First National Bank of Islip
The First National Bank of Jeffersonville
. . . .
The Jordan National Bank
Northern Westchester Bank
The Keeseville National Bank

Kejrhonkson
Kinderhook
Kings Park
Kingston
Lackawanna
Laeona
La Fargeville
Lake George
Lake
Ronkonkoma
Lancaster
Liberty
Lindenhurst
Lisbon
Lisle
Livingston
Manor
Livonia
Locke
Long Beach
Lowville
Lowville
Lynbrook

The Kerhonkson National Bank .
The National Union Bank of Kinderhook .
The National Bank of Kings Park .
The Rondout National Bank of Kingston .
The American Bank
The First National Bank of Lacona
The First National Bank of La Fargeville
First National Bank of Lake George .

Henry D. Fagher, Cashier
President, any Vice President,
President, any Vice President,
President, any Vice President,
President, any Vice President,

The
The
The
The
The
The

President, any Vice President,
President, any Vice President,
George Pebler, Cashier
President, any Vice President,
President, any Vice President,

r

Lyons
Lyons Falls
Mahopac
Malone
Malone
Marathon
Marcellus
Margaretville
Marion




National Bank of Lake Ronkonkoma
Citizens National Bank of Lancaster
National Bank of Liberty .
First National Bank of Lindenhurst
First National Bank of Lisbon
First National Bank of Lisle .

Cashier
J . W. Feeter, a Director
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
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, Cashier, or any
Assistant 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, or any Vice President
President, any Vice President, or Cashier
President, any Vice President, Cashier, or
Assistant Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
or
or
or
or

Cashier
Cashier
Cashier
Cashier

or Cashier
or Cashier
or Cashier
or Cashier

President, any Vice President, or Cashier
The Livingston Manor National Bank
President, any Vice President, or Cashier
The Stewart National Bank of Livonia
The Citizens Bank of Locke, N. Y
President, any Vice President, or Cashier
The National City Bank of Long Beach
The Black River National Bank of Lowville
. . . . President
President, any Vice President, or Secretary
Liewis County Trust Company
The Peoples National Bank and Trust Company of Lynbrook
President, any Vice President, or Cashier
The Lyons National Bank
President, any Vice President, or Cashier
Dhe Lyons Falls National Bank
President, any Vice President, or Cashier
Edward S. Agor, President
The Mahopac National Bank
President, any Vice President, or Cashier
The Citizens National Bank of Malone
President, any Vice President, or Cashier
The Farmers National Bank of Malone
President
The First National Bank of Marathon
The First National Bank of Marcellus
President, any Vice President, or Cashier
The Peoples National Bank of Margaretville
. . . . Frank Kettle, Cashier
President, any Vice President, Cashier, or
The First National Bank of Marion
Assistant Cashier

r

NEW YORK (Continued)
Place

Bank or Trust Company

Marlboro
Massena
Massena
Mattituck
Maybrook
Mayville
Merrick
Mexico
Middleburgh
Middleville
Milford
Millbrook
Millerton
Milton
Mineola
Mineola
Minoa
Montgomery
Montour Falls
Moravia
Morris
Morristown
Morrisville
Mount Kisco
Mount Morris
Nanuet
Narrowsburg
Newark Valley
New Berlin
New Hartford
New Paltz
New Kochelle
Nichols
Norfolk
North Collins
North Creek
Northport
North
Tarrytown
Oceanside

The First National Bank of Marlboro
The First National Bank and Trust Company of Massena
The Massena Banking and Trust Company
. . . .
The Mattituek National Bank and Trust Company
The Maybrook National Bank
The State Bank of Mayville, Mayville, New York
The First National Bank of Merrick
The First National Bank of Mexico
The First National Bank of Middleburgh
The Middleville National Bank
The Milford National Bank
Bank of Millbrook
The Millerton National Bank
The First National Bank of Milton
The Central National Bank of Mineola
The First National Bank of Mineola
First National Bank of Minoa
First National Bank in Montgomery
. . . . . . .
Montour National Bank in Montour Falls
. . . .
The First National Bank of Moravia
The First National Bank of Morris
The Frontier National Bank of Morristown
. . . .
The First National Bank of Morrisville
Insurance Loan Trust Company
Genesee River National Bank of Mt. Morris
. . . .
Nanuet National Bank
The First National Bank of Narrowsburg
The First National Bank of Newark Valley
. . . .
The National Bank of New Berlin
The First National Bank of New Hartford
. . . .
The Huguenot National Bank of New Paltz
. . . .
The Central National Bank of New Rochelle
. . . .
The Nichols National Bank
The First National Bank of Norfolk
The Bank of North Collins
The North Creek National Bank
The First National Bank and Trust Company of Northport

Odessa
Old Forge
Olean
Oneida
Oneonta
Ontario
Orchard Park
Oriskany Falls
Ovid
Owego
Owego
Oxford
Painted Post
Patchogue
Pawling
Pearl River
Pearl River
Peekskill

Officers Authorized to Cast Vote
J. F. Wygant, President
President
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, or any Vice President
W. G. Beekman, Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, Vice President, or Cashier
President, any Vice President, or Cashier
Arthur B. Merritt, Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, Vice President, or Cashier
President, any Vice President, or Cashier
President, or Vice President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
H. C. Wood, President
President,
President,
President,
President,
President,
President,
President,
President,
President,
President,
President,
President,

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

Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier

of North Tarrytown
. . . . President
Bank ( P . O., Rockville Centre,
President, any Vice President, or Cashier
of Odessa .
President, any Vice President, or Cashier
of Old Forge
President, any Vice President, or Cashier
. . . .
President, any Vice President, Secretary, or
Treasurer
Vfadison County Trust and Deposit Co
President
The Citizens National Bank and Trust Company of
President, any Vice President, or Cashier
Oneonta
President, any Vice President, or Cashier
State Bank of Ontario
President, any Vice President, or Cashier
Bank of Orchard Park
The First Trust and Deposit Company of Oriskany Falls,
N. Y
President, any Vice President, or Treasurer
The First National Bank of Ovid . .
Patrick Savage, Cashier
The First National Bank of Owego .
President, any Vice President, or Cashier
The Owego National Bank
. . . .
T. H. Reddish, Vice President
The National Bank of Oxford
President, any Vice President, or Cashier
President, any Vice President, or Cashier
The First National Bank of Painted Post
President, any Vice President, or Cashier
The Peoples National Bank of Patchogue
President, any Vice President, Cashier, or
The National Bank of Pawling .
Assistant Cashier
First National Bank and Trust Company of Pearl River
President, any Vice President, or Cashier
tate Bank of Pearl River, New York
President, any Vice President, or Cashier
?he Peekskill National Bank and Trust Company .
President, any Vice President, or Cashier
The First National Bank
The Oceanside National
N. Y.)
The First National Bank
The First National Bank
Olean Trust Company




NEW YOEK (Continued)
Bank or Trust Company

Place

Officers Authorized to Cast Vote

Perry
Perry
Phelpa
Philmont
Pine Bush
Pine Plains
Pittsford
Plattsburg
{Poland

The Citizens Bank of Perry
The First National Bank of Perry . . .
The National Bank of Phelps
. . . .
Philmont National Bank
The National Bank of Pine Bush
The Stissing National Bank of Pine Plains
The Pittsford National Bank
. . . .
Merchants National Bank in Plattsburg
The Citizens National Bank of Poland .

Port Byron
Port Chester
Port Henry
Port Jefferson
Port Jervis
Port Leyden
Potsdam
Bed Creek
Bed Hook
Redwood
Bemsen
Rhinebeck
Richfield
Springs

The National Bank of Port Byron
Mutual Trust Company of Westchester County
The Citizens' National Bank of Port Henry
The First National Bank of Port Jefferson
The National Bank and Trust Company of Port Jervis
The Port Leyden National Bank
The Citizens National Bank of Potsdam
. . . .
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

Roseoe
Roslyn
Roxbury
Sag Harbor
St. Johnsville
St. Regis Falls

The
The
The
The
The
The

Salamanca
Salem
Saugerties
Savannah
Sayville

The
The
The
The
The

Schenevus
Schuylerville
Sea Cliff
Seaford
Sharon Springs
SherTill
Sidney
Silver Creek
Silver Creek
Silver Springs
Skaneateles
Smithtown
Branch
Southampton
South Fallsburg
South Otselic
Sparkill
Spring Valley
Springville
Stamford
Stony Brook
Tarrytown
Tarrytown
Theresa
Ticonderoga




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

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, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, or Vice President,or W. D. Robens,
or F . A. Coonradt
President, any Vice President, or Cashier
President, any Vice President, or Secretary
President,
President
President,
President,
President,
President,
President,
President,
President,

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

or Cashier
or Cashier
or Cashier
or Cashier
or Cashier
or Cashier
or Cashier

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

First National Bank of Salamanca
Salem National Bank
First National Bank & Trust Company of Saugerties President, any Vice President, or Cashier
National Bank of Savannah
Oystermen's Bank and Trust Company .
Chairman, President, any Vice President, or
Secretary
The Schenevus National Bank
President, any Vice President, or Cashier
The National Bank of Schuylerville
. . . .
President, any Vice President, or Cashier
The State Bank of Sea Cliff, N . Y
President
The Seaford National Bank
President, any Vice President, or Cashier
The First National Bank of Sharon Springs .
President, or Cashier
The First National Bank of Sherrill
. . . .
President, any Vice President, or Cashier
First National Bank in Sidney
President, any Vice President, or Cashier
The First National Bank of Silver Creek . . .
President, any Vice President, or Cashier
The Silver Creek National Bank
President, any Vice President, or Cashier
The Silver Springs National Bank
President, any Vice President, or Cashier
National Bank and Trust Company of Skaneateles
President, any Vice President, or Cashier
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
. . . .
Ramapo Trust Company
The 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
. . . .
Che Farmers National Bank of Theresa
The Ticonderoga National Bank
10

-

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 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

r

NEW YOEK (Continued')
Place
Tuekahoe
Tully
Tupper Lake
Tuxedo
Unadilla
Vernon
Walden
Wallkill
Walton
Wappingers
Falls
Warrensburg
Warwick
Washingtonville
Waterloo
Waterville
Watervliet
Watkins Glen
Waverly
Wayland
Weedsport
Wells
Wellsville
Westbury
Westbury
Westfield
Westhampton
Beach

Officers Authorized to Cast Vote

Bank or Trust Company
The
The
The
The
The
The
The
The
The

Crestwood National Bank in Tuckahoe
. . . .
First National Bank of Tully
Tupper Lake National Bank
National Bank of Tuxedo (P. O., Tuxedo Park, N. Y.)
Unadilla National Bank
National Bank of Vernon
First National Bank and Trust Company of Walden
Wallkill National Bank
First National Bank and Trust Company of Walton

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, or Cashier
President, any Vice President, or Cashier

President, any Vice President, or Cashier
The National Bank of Wappingers Falls
President, any Vice President, or Cashier
The Emerson National Bank of Warrensburgh
President, any Vice President, or Cashier
The First National Bank of Warwick
Central National Bank of Washingtonville
. . . .
President, any Vice President, or Cashier
The First National Bank of Waterloo
The National Bank of Waterville
President, any Vice President, or Cashier
The National Bank of Watervliet
Glen National Bank of Watkins Glen
The Citizens National Bank of Waverly
. . . . President, any Vice President, or Cashier
The First National Bank of Wayland
President, any Vice President, or Cashier
The First National Bank of Weedsport
President, any Vice President, or Cashier
The Hamilton County National Bank of Wells
President, any Vice President, or Cashier
The Citizens National Bank of Wellsville
President, any Vice President, or Cashier
Bank of Westbury Trust Company
The Wheatley Hills National Bank of Westbury . . . Chairman of the Board, President, any Vice
President, or Cashier
The National Bank of Westfield
President, any Vice President, or Cashier

Chairman of the Board, President, any Vice
President, or Cashier
West Hempstead The West Hempstead National Bank (P. o., Hempstead, N. Y.) Stephen A. Bedell, President
Westport
President, any Vice President, or Cashier
The Lake Champlain National Bank of Westport .
West Winfield
President, any Vice President, Cashier, or
The West Winfield National Bank
Assistant Cashier
Whitehall
The Merchants National Bank of Whitehall
. . . . President, any Vice President, or Cashier
Whitesboro
The Whitestown National Bank of Whitesboro
President, any Vice President, or Cashier
Whitesville
The First National Bank of Whitesville
President, any Vice President, or Cashier
Whitney Point
The First National Bank of Whitney Point
. . . . William Denning, President
Williston Park The Williston National Bank of Williston Park
President, any Vice President, or Cashier
( P . O., East Williston, N. Y.)
Willsboro
The Essex County National Bank of Willsboro
. . . . President, any Vice President, or Cashier
President, any Vice President, or Cashier
Windham
The National Bank of Windham
President, any Vice President, or Cashier
Windsor
The Windsor National Bank
President, any Vice President, or Cashier
Winthrop
The First National Bank of Winthrop
President, any Vice President, or Cashier
Wolcott
The First National Bank of Wolcott
President, any Vice President, or Cashier
Woodridge
The First National Bank of Woodridge
Seaside Bank

NEW YOEK CITY
Brooklyn

The Flatbush National Bank of Brooklyn in New York

Queens
College Point College Point National Bank of New York
. . . .
Elmhurst
The Fidelity National Bank in New York
. . . .
Springfield
The Springfield Gardens National Bank of New York
Gardens
Richmond
Port Eichmond
West New
Brighton

President, or any Vice President
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




11

FEDERAL RESERVE BANK
OF NEW YORK

Nomination for Class A Director, 1939
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

1939, 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 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 OP BANK)

(Official signature)

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




FEDERAL RESERVE BANK
OF NEW YORK

Nomination for Class B Director, 1939
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

1939, 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 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 MR. OWEN D. YOUNG.
CHAIRMAN OF THE BOARD OF DIRECTORS,
FEDERAL RESERVE BANK OP NEW YORK.




FEDERAL RESERVE BANK
OF NEW YORK

October 9, 1959.

To the Member Bank in Group 3 Addressed:
Reference is made to circular No. 1984, dated October 9, 1939, 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 wss 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 adopted a resolution
designating officers by title only, I am enclosing two copies of 8 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,
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

dav of

193

(Official signature)
(SEAL OP BANK)
(Title)

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







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

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

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