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F ederal r e s e r v e ba nk O F DALLAS Dallas, Texas, November 2->, 1945 RESULTS OF ELECTION To the Member Banks of the Eleventh Federal Reserve District: The election of directors to succeed those whose terms expire December 31,1945, has been duly held in accordance with Section 4 of the Federal Re serve Act, as amended, and my circulars dated September 28 and Novem ber 5,1945. The results of the election are as follows: Walter P. Napier, President, Alamo National Bank, San Antonio, Texas, was re-elected by member banks in Group 1 as a Class A director of this bank. J. R. Milam, President, The Cooper Company, Inc., Waco, Texas, was re-elected by member banks in Group 2 as a Class B director of this bank. Each was chosen for a term of three years beginning January 1,1946. JAY TAYLOR Chairman of the Board VvicTORy/ \ I O AN / This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)