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Election of directors N omination Procedures S eptem ber 2 8 ,1 9 9 9 — E lection of D irectors N omination Procedures — To the Member Banks of the Eighth 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. C lass A Director W D. Glover Chairman and Chief Executive Officer First National Bank of Eastern Arkansas Forrest City, Arkansas C lass B Director Joseph E. Gliessner, Jr. Executive Director New Directions Housing Corp. Louisville, Kentucky Mr. Glover was elected by banks in Group 2 to a three-year term which expires December 31, 1999. He is not eligible for reelection. His successor will.be elected for a term that will expire December 31, 2002. His successor will be chosen by banks in Group 2 which consists of banks having capital and surplus over $3,950,000, but under $60,000,000. Mr. Gliessner was elected by banks in Group 1 to a three-year term which expires December 31, 1999. He is eligible for reelection for a term that will expire December 31, 2002. His successor will be chosen by banks in Group 1 which consists of banks having capital and surplus of $60,000,000 and over. This letter lists the member banks in each classification. The group in which a member bank is entitled to vote is determined by its classification as of the date of this letter, even though its capital and surplus may subsequently change prior to the date of the election. Each bank participating in this election* may make a nomination as follows: Each bank in Group 2 may nominate one candidate for Class A director and each bank in Group 1 may nominate one candidate for Class B director. Limitations on eligibility for nomination for Class A and Class B directors are set forth below. The nominations must be made by resolution of the Board of Directors and certified to me on or before October 28, 1999. A form for this purpose is enclosed. — Election of D irectors ?f N omination Procedures On November 12, 1999, a list of the candidates (including by whom nominated) and a prefer ential ballot will be mailed to each bank in the voting groups. The ballot must be cast within fifteen days after receipt. The polls will open at 9 a.m. on November 15, 1999, and close at 2 p.m. on November 30, 1999. At that time the ballot box will be opened in the Board Room of this Bank, the votes counted and results of the election announced. The candidates are invited to be present or represented on that occasion. In order to be counted, the ballot m ust be executed by an officer authorized to cast the vote. If the official signature of the officer, or officers, authorized to cast the ballot has not been filed with this Federal Reserve Bank, such official signature should be filed before the polls close. Inasmuch as the authority conferred on these officers continues until revoked, they need not be reappointed. Each member bank which has not designated an officer, or officers, for the purpose of signing the ballot, or any bank that desires to change its authorization, should do so by resolution of its Board of Directors and certify the appointment to me before the polls close. A form for this purpose will be furnished upon request. While the banks in Group 3 will not vote in this election, this circular is sent to them without forms for their information. Group 3 consists of member banks with combined capital and surplus of $3,950,000 and under. Susan S. Elliott Chairman of the Board September 28, 1999 *Section 4 of the Federal Reserve Act, as amended, provides that whenever member banks in the same Federal Reserve district are subsidiaries of the same bank holding company, participa tion in the nomination and election is confined to the member bank designated for that pur pose by the holding company. 2 — Election of D irectors ?f N omination Procedures LIMITATIONS ON ELIGIBILITY FOR NOMINATION Section 4 of the Federal Reserve Act, as amended, contains the following provisions: Class A shall consist of three members, without discrimination on the basis of race, creed, color, sex or national origin, who shall be chosen by and be representative of the stockhold ing 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 shall represent the public and shall be elected without discrimination on the basis of race, creed, color, sex or national origin, and with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor and consumers. . . No director of Class B shall be an officer, director or employee of any bank. No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal Reserve Bank. The Board of Governors of the Federal Reserve System has issued the following guidelines con cerning qualifications of Class A and B directors. Class A directors should be representatives of the member banks by which they are elected [and] should be residents of the district in which the Federal Reserve Bank is located. The Federal Reserve Banks will be served best by directors whose business and financial interests are primarily within and representative of the bank or branch territory for which they are selected rather than of interests controlled or owned outside of such territory. A person whose sole occupation is that of the officer of a savings and loan association is not eligible for election as a Class B director of a Federal Reserve Bank. On June 2, 1978, the Board of Governors restated its long-standing policy that activity which might be interpreted as associating the Federal Reserve with any political party or political activi ty is inconsistent with service as a Bank director. In addition, holding a public office in the serv ice of the United States, or of any state, territory, county, district, municipality or political subdi vision similarly is inconsistent with service as a Bank director. Questions about eligibility to serve should be directed to the Secretary of the Bank. 3 — Election of D irectors ?f N omination Procedures — G roup 1 Consisting of member banks having capital and surplus of $60 million and over ARKANSAS City Authorized Signature Name of Bank Little Rock............... Mercantile Bank of Arkansas National Association. Chairman, President, Executive Vice President or Cashier INDIANA City Name of Bank Authorized Signature Evansville..................Civitas Bank.......................................................................................Chairman, President, Vice President or Cashier Evansville..................Old National Bank in Evansville.................................................... Chairman, President, Vice President or Cashier KENTUCKY City Name of Bank Authorized Signature Louisville..................Bank of Louisville........................................................................... Chairman, President, Vice President or Cashier Louisville..................Bank One, Kentucky, NationalAssociation..................................Chairman, President, Vice President or Cashier Louisville..................Fifth Third Bank, Kentucky, Inc................................................... Chairman, President, Vice President or Cashier Louisville..................National City Bank, Kentucky...................................................... Chairman, President, Executive Vice President or Secretary Paducah....................Union Planters Bank of Kentucky, National Association......... President or Vice President MISSOURI City Name of Bank Authorized Signature Creve Coeur...... ..... First Bank...................................................................... St. Louis............. ..... Mercantile Bank National Association..................... TENNESSEE City Name of Bank Authorized Signature Memphis......... .........First Tennessee Bank National Association Memphis........ ..... Chairman, President, Executive Vice President or Cashier Memphis......... .........National Bank of Commerce.................................................. Vice President or Cashier Memphis......... .........Union Planters Bank, National Association........................ Vice President or Cashier 4 — Election of D irectors ?f N omination Procedures — Consisting of member banks having capital and surplus over $3.95 million, but under $60 million G roup 2 ARKANSAS City Authorized Signature Name of Bank Ash Flat....................First National Bank of Sharp County..................... Chairman, President, Vice President or Cashier Bentonville...............Arkansas National Bank........................................... Chairman, President, Vice President or Cashier Bentonville...............The Bank of Bentonville........................................... Chairman, President, Vice President or Cashier Conway.....................First Community Bank............................................. Chairman, Vice Chairman, President, Vice President, Cashier or Secretary El Dorado..................First Financial Bank................................................. Chairman or Chief Executive Officer El Dorado................. The First National Bank of El Dorado.................. Chairman, President, Vice President or Cashier Fayetteville............... Bank of Arkansas, National Association............... Chairman or President Fayetteville............... Mcllroy Bank & Trust.............................................. Chairman, President, Vice President or Cashier Fayetteville............... The Bank of Fayetteville, N.A................................ Chairman, President, Vice President or Cashier Fort Smith................The City National Bank of Fort Smith................... Chairman or President Fort Smith................The First National Bank of Fort Smith.................. Chairman, President, Vice President or Cashier Helena....................... First National Bank of Phillips County................. Chairman, Vice Chairman, President, Vice President or Cashier Hope......................... The Citizens National Bank of Hope..................... Chairman, President, Vice President or Cashier Hope......................... The First National Bank of Hope............................ Chairman, President, Vice President or Cashier Jonesboro..................MidSouth Bank.......................................................... Chairman, President, Vice President or Cashier Little Rock............... Metropolitan National Bank.................................... President Little Rock............... One Bank and Trust.................................................. Chairman, President, Vice President or Cashier Little Rock............... Pinnacle Bank............................................................. Chairman, President, Vice President or Cashier Little Rock............... Pulaski Bank and Trust Company........................... Chairman, President, Vice President or Cashier Magnolia...................First National Bank of Magnolia............................. President or Cashier North Little Rock.... National Bank of Arkansas in North Little Rock. Chairman, President, Vice President or Cashier Pine Bluff................. Pine Bluff National Bank...... Chairman, Secretary of the Board, President, ............... Vice President or Cashier Pine Bluff..................Simmons First National Bank of Pine Bluff.......... Chairman, President, Vice President or Cashier Prairie Grove............ The Farmers & Merchants Bank............................ Chairman, President, Vice President or Cashier Rogers....................... Bank of Rogers........................................................... Chairman, President, Vice President or Cashier Russellville............... Simmons First Bank of Russellville....................... Chairman, President, Vice President or Cashier Searcy........................ Simmons First Bank.................................................. Chairman, President, Vice President or Cashier Springdale................ The First National Bank of Springdale................. Chairman, President, Vice President or Cashier Stuttgart....................The Farmers and Merchants Bank......................... Chairman, President, Vice President or Cashier Wynne....................... The First National Bank of Wynne........................ President 5 — Election of D irectors ?f N omination Procedures — G roup 2 ILLINOIS City Authorized Signature Name of Bank Bridgeport................ The First National Bank of Bridgeport........................ Chairman, President, Vice President or Cashier Chester...................... Chester National Bank................................................... Chairman, President, Vice President, Cashier, Chief Executive Officer Effingham................ Effingham State Bank..................................................... Chairman, President, Vice President, Cashier or Assistant Cashier Fairfield..................... The Fairfield National Bank.......................................... Chairman, President, Vice President or Cashier Harrisburg................ The First National Bank of Harrisburg....................... President, Vice President or Cashier Hillsboro...................National Bank................................................................... President, Vice President or Cashier Jerseyville................. The State Bank of Jerseyville......................................... Chairman, President, Vice President or Cashier McLeansboro...........The Peoples National Bank of McLeansboro.............. Chairman, President, Vice President or Cashier Metropolis................ Community National Bank........................................... Chairman, President, Vice President or Cashier Mount Vernon.........Bank of Illinois, National Association.......................... Cashier Olney......................... Community Bank & Trust, N.A................................... Chairman, President, Vice President or Cashier Olney......................... First National Bank in Olney......................................... Chairman, President, Vice President or Cashier Quincy..................... First Bankers Trust Company, National Association. Chairman, President, Vice President or Cashier Raymond...................The First National Bank of Raymond......................... Chairman, President, Vice President or Cashier Red Bud....................First State Bank of Red Bud........................................... President, Vice President or Cashier Robinson.................. First Robinson Savings Bank, National Association. Chairman of the Board, President, Vice President or Cashier Shawneetown........... Illinois One Bank, National Association..................... Chairman, President, Vice President or Cashier Swansea.................... Union Bank of Illinois.................................................... Chairman, President, Vice President or Cashier Teutopolis.................Teutopolis State Bank..................................................... President or Cashier INDIANA City Name of Bank Authorized Signature Evansville..................The National City Bank of Evansville................... Chairman, President, Vice President or Cashier New Albany.............. Hometown National Bank....................................... New Albany.............. National City Bank of Southern Indiana.............. Chairman, President, Vice President or Cashier Scottsburg................ The Scott County State Bank.................................. Chairman, President, Vice President or Cashier Washington.............. The Peoples National Bank and Trust Company. Chairman, President, Vice President or Cashier of Washington 6 — E lection of D irectors ?f N omination Procedures — G roup 2 KENTUCKY City Name of Bank Authorized Signature Bowling Green.........Bowling Green Bank & Trust Company,.................................... Chairman, President, Vice President, Cashier National Association or any Executive Officer Columbia..................The First National Bank of Columbia.......................................... Chairman, President, Vice President or Cashier Danville.....................The Farmers National Bank of Danville...................................... President, Vice President or Cashier Elizabethtown.......... Kentucky National Bank................................................................. Chairman of the Board, President, Vice President or Cashier Louisville..................PRP National Bank............................................................................Chairman, President, Vice President or Cashier Owensboro............... The New Farmers National Bank of Glasgow............................. Chairman, President, Vice President or Cashier Owensboro............... The Owensboro National Bank......................................................Chairman, President, Vice President or Cashier MISSISSIPPI City Name of Bank Authorized Signature Clarksdale........ ........First National Bank of Clarksdale................................ ............... Chairman, President, Vice President or Cashier Corinth............. ....... Commerce National Bank............................................... .............. Chairman, President or Chief Financial Officer Iuka................... ........First American National Bank...................................... .............. Chairman, President, Vice President or Cashier Lexington......... ........First National Bank of Holmes County....................................... Chairman, President, Vice President or Cashier Oxford.............. ........The First National Bank of Oxford.............................. ............... Chairman, President, Vice President or Cashier Pontotoc........... ........The First National Bank of Pontotoc........................... ............... Chairman, President, Vice President or Cashier Starkville.......... ........National Bank of Commerce of Mississippi............... ............... Chairman, Chairman of Executive Committee, President, Vice President or Cashier MISSOURI City Name of Bank Authorized Signature Bridgeton..................Cass Commercial Bank............................................ Chairman, President, or Vice President Clayton.....................First National Bank of St. Louis............................ Chairman, President, Vice President or Cashier Clayton..................... Truman Bank............................................................. Chairman, President, Vice President or Cashier Columbia..................First National Bank and Trust Company............. Chairman, President, Vice President or Cashier Columbia..................The Boone County National Bank of Columbia. Chairman, President, Vice President or Cashier Dixon........................ Mid America Bank & Trust Company.................. Chairman, President, Vice President or Cashier Gainesville............... Century Bank of the Ozarks................................... Chairman, President, Vice President or Cashier Jefferson City...........Midwest Independent Bank.................................... Chairman, President, Vice President or Cashier Lemay........................ Lemay Bank & Trust Company............................ President or Vice President Sikeston....................The First National Bank of the Mid-South.......... Chairman, President, Vice President or Cashier 7 — Election of D irectors N omination Procedures — G roup 2 Springfield............... Metropolitan National Bank..........................................................Chairman, President, Vice President or Cashier Springfield............... Old Missouri National Bank.......................................................... St. Louis....................Lindell Bank & Trust Company....................................................President, Executive Vice President or Vice President St. Louis....................Mercantile Trust Company National Association......................Chairman, President, Vice President or Cashier St. Louis....................South Side National Bank in St. Louis........................................ Chairman, President, Vice President or Cashier St. Louis....................UMB Bank of St. Louis, National Association............................ Chairman, Vice Chairman,President, Vice President or Cashier West Plains.............. Community First National Bank of West Plains......................... Chairman, President, Vice President or Cashier TENNESSEE City Name of Bank Authorized Signature Collierville................BankTennessee............................. Chairman of the Board, President, Vice President Dyersburg................ First Citizens National Bank....................... Chairman, President, Senior Vice President, Lexington................. Community National Bank of Tennessee Chairman, President, Vice President or Cashier Memphis...................EFS National Bank....................................... Chairman Memphis................... Enterprise NationalBank............ Chairman, President, Vice President or Cashier or Cashier Vice President or Cashier 8 ELE C T IO N Chairm an of the Board Federal Reserve Bank of St. Louis Post Office Box 442 St. Louis, M issouri 63166-0442 Certificate of Nomination for Class B Director Federal Reserve Bank of St. Louis Group No. 1 Chairman, Board of Directors Federal Reserve Bank of St. Louis At a meeting of the board of directors of the_________________________ (NAME OF BANK) (CITY) (STATE) duly called and held on the___________________ day o f __________________ , ------- , on motion duly made and seconded, it was “ RESOLVED, T h at____________________________________________________________ of--------------------------------------------------------------------------------------------------- whose occupation i s __________________________________________________________ , be, and is hereby nominated as a candidate for director of Class B of the Federal Reserve Bank of St. Louis, and the officer whose name appears below is hereby authorized, empowered, and directed to certify this nomination to the Chairman of the Board of Directors of the Federal Reserve Bank of St. Louis, in accordance with the provisions of Section 4 of the Federal Reserve Act.” im p r in t ! [ BANK SEAL HERE J j 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. (SIGNATURE) (NAME AND TITLE OF OFFICER) 051-3 REV. 7-99 E L E C T IO N Chairm an of the Board Federal Reserve Bank of St. Louis Post Office Box 442 St. Louis, M issouri 63166-0442 Certificate of Nomination for Class A Director Federal Reserve Bank of St. Louis Group No. 2 Chairman, Board of Directors Federal Reserve Bank of St. Louis At a meeting of the board of directors of the _ _ _ _ _ ______________ (NAME OF BANK) (CITY) (STATE) duly called and held on the___________________ day o f ________________ __ , ____ , on motion duly made and seconded, it was “RESOLVED, T h a t_____________________________________________________ _____ , o f_ ------------------------------------------------- ------ —-----—----------------------- — — , whose occupation i s ............................................................................ _ _ ................................., be, and is hereby nominated as a candidate for director of Class A of the Federal Reserve Bank of St. Louis, and the officer whose name appears below is hereby authorized, empowered, and directed to certify this nomination to the Chairman of the Board of Directors of the Federal Reserve Bank of St. Louis, in accordance with the provisions of Section 4 of the Federal Reserve Act.” im p r in t "1 [ BANK SEAL HERE J 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. (SIGNATURE) (NAME AND TITLE OF OFFICER) 051-3 REV. 7-99
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