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FEDERAL RESERVE BANK
OF N E W YORK

f Circular No. 2 4 8 8 1
L August 20, 1942
J

To Member Banks in the
Second Federal Reserve District:

Randolph E. Paul, a Class C director of the Federal Reserve Bank
of New York since June 1941, having been appointed General Counsel
of the United States Treasury Department, has tendered his resignation
as a director, and his resignation has been accepted.
As provided in the Federal Reserve Act, Mr. Paul's successor will
be appointed by the Board of Governors of the Federal Reserve System.




BEARDSLEY R U M L ,

Chairman of the Board.

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