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Federal reserve Bank OF DALLAS Dallas, Texas, November 25,1947 RESULTS OF ELECTION To the Member Banks of the Eleventh Federal Reserve District: The election of directors to succeed Mr. J. E. Woods, Class A director, and Mr. W. F. Beall, Class B director, whose terms will expire December 31, 1947, has been held in accordance with the provisions of Section 4 of the Federal Reserve Act, as amended, and my circulars of September 30 and November 7, 1947. The results of this election are as follows: Mr. W. L. Peterson, President of the State National Bank of Denison,' Denison, Texas, has been elected by member banks in Group 2 as a Class A director of this bank. Mr. W. F. Beall, President and General Manager, 3 Beall Brothers 3, Department Stores, Jacksonville, Texas, has been re-elected by member banks in Group 3 as a Class B director of this bank. Each was chosen for a term of three years beginning January 1, 1948. J. R. PARTEN, Chairman of the Board This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)