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FEDERAL RESERVE BANK OF NEW YORK Circular No. 2143 November 15, 1940 Results of Election of Directors To Member Banks in the Second Federal Reserve District: The election of directors to succeed WILLIAM C. POTTER, class A director, and THOMAS J. WATSON, class B director, whose terms expire December 31, 1940, has been duly held in accordance with the requirements of section 4 of the Federal Reserve Act, as amended, and the provisions of circular No. 2127, dated October 1, 1940. The results of the election are as follows: President, The First National Bank of the City of New York, New York, N. Y., was elected by member banks in Group 1 as a class A director of this bank; and DONALDSON BROWN, Vice Chairman of the Board and Vice President of General Motors Corporation, New York, N. Y., was elected by member banks in Group 1 as a class B director of this bank. Each was chosen for a term of three years beginning January 1, 1941. LEON FEASER, OWEN D. YOUNG, Chairman of the Board.