Full text of Federal Reserve Bank of St. Louis Circulars : Results of Election

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Federal R eserve B ank
P. 0. B o x 4 4 2

S t . Lo u is , Misso u r i

of S t. Louis
63166

N ovem ber 6, 1974
RESULTS OF ELECTION
To the M em ber Banks of the
E ighth F ed era l R eserv e D istrict:
The e le c tio n of d irecto rs of the F ed era l R eserv e Bank
of St. L ouis to su cceed M r. Edwin S. Jon es, C lass A d irecto r,
and D r. Jam es M. T uholski, C la ss B d irecto r, w hose te r m s
end D ecem b er 31, 1974, has been duly held in accord an ce with
the req u irem en ts of S ection 4 of the F ed era l R eserv e A ct and
the p ro v isio n s of the circu la r issu ed by th is office under date of
Septem ber 13, 1974.
The r e su lts of the electio n are as follow s:
M r. Donald N. B randin, C hairm an of the B oard,
P resid en t and C hief E xecu tive O fficer, The B oatm en ’s N ational
Bank of St. L ou is, St. L ou is, M isso u ri, w as e le c te d by m em b er
banks in Group 1 a s a C la ss A d irecto r.
M r. Ralph C. Bain, Vice P resid en t and G eneral
M anager, A rkla In d u stries Inc. , E v a n sv ille , Indiana, w as
e le c te d by m em b er banks in Group 3 as a C la ss B d ir e cto r .
E ach d irecto r w as chosen for a term of th ree y ears
to begin January 1, 1975.




EDWARD J. SCHNUCK
C hairm an of the Board

Press Information
Federal Reserve Bank of St. Louis
St. Louis, Missouri 63166
FOR IM M EDIATE RELEASE

N ovem ber 6, 1974

The C hairm an of the B oard, M r. Edw ard J. Schnuck, m ade the
follow in g announcem ents with r e sp e c t to the e le c tio n of d ir e cto r s of the
F ed era l R eserv e Bank of St. L ouis:
D onald N. B randin, C hairm an of the B oard, P resid en t and C hief
E xecu tive O fficer, The B oatm en 's N ational Bank of St. L o u is, St. L ou is,
M isso u ri, w as e le c te d by m em b er banks in Group 1 a s a C lass A d irecto r
of the F ed era l R eserv e Bank of St. L ouis for a th r e e -y e a r term beginning
January 1, 1975.
M r. Brandin r eceiv ed h is A. B. d egree from P rin ceton
U n iversity . B e sid e s h is a ffilia tio n w ith The B oatm en 's N ational Bank of
St. L ou is, M r. B randin is C hairm an of the Board and C hief E xecu tive
O fficer of B oatm en 's B a n csh a res, Inc. and a D irecto r of B oatm en 's Bank
of C oncord V illa g e, Union N ational Bank, S p rin gfield , M isso u ri, W illiam s,
K urrus and C om pany, Sigm a International, Ltd. , P e tro lite C orporation,
and C ivic C enter R ed evelop m en t C orporation.
M r. B ran din's num erous c iv ic and trade a ffilia tio n s include
being a M em ber of the B oard of D ir e c to r s, St. L ouis R egion al C om m erce
and G rowth A sso cia tio n , St. L ouis Sym phony S o ciety , and United Fund of




m ore

2

G reater St. L ou is; M em ber of E xecu tive B oard, B oy Scouts of A m erica ;
T r ea su re r , C ivic P r o g r e s s, Inc. and M isso u ri U. S. Savings Bond
C om m ittee; Savings Bonds C om m ittee State C oordinator, A m erica n
B ankers A sso cia tio n ; M em b er, A d visory B oard, A m erica n Institute of
Banking; and M em b er, P r e sid e n t's C ouncil, Saint L ou is U n iversity .
Ralph C. B ain, V ice P resid en t and G en eral M anager, A rkla
In d u stries Inc. , E v a n sv ille , Indiana, w as e le c te d by m em b er banks in
Group 3 a s a C la ss B d irecto r of the F ed era l R eserv e Bank of St. L ouis
for a th r e e -y e a r term beginning January 1, 1975.
M r. B ain r e ce iv e d B. S. d eg rees in A eron au tical E n gin eerin g
and In d u strial M anagem ent from Auburn U n iversity . In addition to
being V ice P r esid e n t, G en eral M anager and a D irecto r of A rkla
In d u stries Inc. (a su b sid ia ry of A rk an sas L ou isian a Gas Com pany),
M r. Bain is a D irecto r of Southern Gas A sso cia tio n and United Way of
Southw estern Indiana, Inc. ; D irecto r, and M em ber of C itizen s A d v iso ry
C om m ittee, of E v a n sv ille 's Future; and M em ber, M ayor's E xecu tive
T ask F o rce Group.
The B oard of D ir e cto r s of the F ed era l R eserv e Bank c o n sists
of nine m e m b e r s, six of w hom (C la sse s A and B) are ch osen by the
m em b er banks and th ree (C la ss C) by the B oard of G overn ors in
W ashington.




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