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FEDERAL RESERVE BANK OF MEW YORK [ Circular No. 10224 "1 January 27, 1988 J Election of Class A Director (By member banks classified in Group 1 on December 23, 1987, that is, member banks with capital and surplus off more than $400,000,000 on that date) To the Member Banks o f the Second Federal Reserve District: In accordance with the provisions o f section 4 of the Federal Reserve Act, as am ended, and Circular No. 10215, dated D ecem ber 23, 1987, on the nom ination of a class A director of this Bank for the unexpired portion o f the term ending D ecem ber 31, 1988, there is shown on page 2 the nam e of the candidate nom inated for such office, and by whom nom inated. To each m em ber bank classified in Group 1 on D ecem ber 23, 1987, the following are being sent with this circular: (a) Ballot for use in voting for candidate for class A director. (b) Pink ballot envelope in which the ballot is to be sealed. (c) Certificate envelope bearing on its face the certificate in regard to the vote. (d) A ddressed envelope in which all of the foregoing should be returned to me. The ballot and the certificate on the certificate envelope m ust be executed by an officer who has been authorized to cast the vote. A list o f the officers designated for this purpose by the m em ber banks in Group 1 was contained in the above-m entioned circular dated D ecem ber 23, 1987, and a sim ilar list revised to date is contained herein. In order that the ballot may be secret, the nam e of the bank and the nam e and title of the voting officer should not be written on the ballot, but should be written only on the certificate envelope. (1) The ballot should be marked. (2) The m arked ballot should be placed in the pink ballot envelope and that envelope sealed. (3) Then the sealed pink ballot envelope should be placed within the certificate envelope, and the certificate envelope should be sealed and the certificate thereon executed. (4) Then the certificate envelope containing the sealed pink ballot envelope should be returned to m e in the enclosed addressed envelope. The law provides that the ballot shall be cast within 15 days after receipt of the list o f candidates transm itted herewith. The polls will open at 10 a .m ., January 28, 1988, and will close at 12 noon on Friday, February 12, 1988, and in order to be counted as valid the ballot m ust be received by me at or before the latter time. Upon the closing of the polls the ballot box will be opened in the board room o f this Bank, the sealed envelopes containing the ballots will be opened, the votes counted and checked by tellers, and the result of the election announced. The candidate m ay, if he so desires, be present or represented on this occasion. Because banks in Groups 2 and 3 will not vote in this election, this circular is sent to them w ithout fo rm s and fo r their information only. John R. O pel , C hairm an o f the Board. Candidate for Class A Director JOHN F„ MeGILLICUBOY Chairm an and C hief Executive Officer M anufacturers H anover Trust Com pany New Y ork, N .Y . F. M c G i l l i c u d d y was bom in H arrison, New Y ork, on D ecem ber 30, 1930. He re ceived a B . A. degree from Princeton University in 1952 and an L L .B . degree from H arvard U niver sity in 1955. Jo h n M r. M cG illicuddy began his banking career with M anufacturers H anover in 1958, becom ing Vice President in 1962 and Senior V ice President in 1966. In 1969 he was prom oted to Executive Vice President and A ssistant to the Chairm an. He was appointed Vice Chairm an in 1970, President in 1971, and Chairm an and C hief Executive O fficer in 1979. Am ong his m any civic and professional activities, Mr. M cG illicuddy is a director of Allegis Corporation, The Continental C orporation, Kraft, Inc., and USX C orporation. He is chairm an of the board o f M anufacturers H anover Lim ited, a London-based m erchant bank. He is also a m em ber o f the Business Roundtable, The Business Council, the Association o f Reserve City B ankers, and the Conference B oard, Inc.; a tm stee of Princeton University and the New York Public Library; a director of the N ational Football Foundation and Hall o f Fam e, Inc., National M ultiple Sclerosis Society, New York City Partnership, In c ., and the New York C ham ber o f C om m erce and Industry. In addition, M r. M cGillicuddy is a m em ber o f the Executive Com m ittee o f The C ardinal’s Com m ittee of the Laity, and the Board o f Governors of The Society of the New York H ospital. In 1986 and 1987, he served as the m em ber of the Federal A dvisory Council o f the Federal Reserve System representing the Second Federal Reserve District. Nominated by the following member banks in Group 1 NEW YORK P lace N am e o f B ank or Trust C om p any N e w Y ork C ity B ankers Trust C om pany C h em ical B ank 2 FEDERAL RESERVE BANK OF NEW YORK Ballot Group No. 1 January 2 7 ,1 9 8 8 T h is b allot and the certificate on the certificate e n v e lo p e m ust be e x ecu ted b y an o ffice r w h o has b een authorized to cast the vote and w h o se d esign ation has b een d u ly certified to m e. T h e p o lls w ill op en at 10 a .m . on January 2 8 , 198 8 , and w ill c lo s e at 12 n oon on Fri d a y , February 1 2 ,1 9 8 8 . T h is ballot m ust be returned so as to reach m e b efore the latter tim e. Failure to ob serve instructions w ill invalid ate this ballot. John R. O pel , Chairman of the Board. VOTE FOR CLASS A DIRECTOR OF FEDERAL RESERVE BANK OF NEW YORK for unexpired portion of term ending December 31, 1988 C a n d id a t e John F. M c G il l ic u d d y Chairman and Chief Executive Officer Manufacturers Hanover Trust Company New York, N.Y. (Indicate vote by X below) o DIRECTIONS FOR RETURN OF BALLOT 1. Mark this ballot to indicate vote. 2. Place marked ballot in the pink ballot envelope and seal that envelope. 3. Place sealed pink ballot envelope in certificate envelope and seal certificate envelope and execute certificate thereon. 4. Return sealed and executed certificate envelope (with sealed pink ballot envelope enclosed therein) in envelope addressed to Chairman, Board of Directors, Federal Reserve Bank of New York, Federal Reserve P.O. Station, New York, N.Y. 10045. BALLOT ENVELOPE E lec tio n of D ir e c t o r s of Federal Reserve Bank of New York The marked preferential ballot should be placed in this envelope, and this envelope should then be sealed and placed in the certificate envelope. <LiLK. I ir 1 ju i Jidi v s ii This Envelope Shoeld Contain Only Ballot in Sealed Pink Envelope It Will Not Be Opened Until Polls Close ........................................................,1988 Group No. 1 To M r . John R. O pel , Chairm an o f the Board, Federal Reserve Bank o f New York. In accordance with section 4 o f the Federal Reserve Act, as am ended, I hereby certify that my vote for a class A director o f the Federal Reserve Bank o f New York for the unexpired portion o f the term ending D ecem ber 31, 1988 is as indicated (by X) on the ballot sealed herein. For (Name of Bank) (Signature of officer designated to vote. See list of member banks in Group 1 in accompanying circular.) (Location of Bank) (TITLE of Voting Officer) Chairman, Board of Directors Federal Reserve Bank off New York Federal Reserve PoQo Station New York, NcY0 10045 Special Election of Class A Director For Unexplred Portion off Terns Ending December 31, 1988 List of the 10 Member Banks in Group 1 (Group 1 consists of member banks with capital and surplus of more than $400,000,000, on December 23, 1987.) NEW YORK Place Name of Bank or Trust Company Officers Authorized to Cast Vote Buffalo Marine Midland Bank, N. A........................................................... . Chairman of the Board, Vice Chairman, or Secretary New York City The Bank of New Y o rk................................................................. . Chairman of the Board, President, Senior Executive Vice President, or any Executive Vice President Bankers Trust Company............................................................... . President, or any Vice President The Chase Manhattan Bank (National Association)...................... . Chairman of the Board, President, Vice Chairman of the Board, any Vice President, or Secretary Chemical B an k ............................................................................... Chairman of the Board, President, any Vice Chairman, or Secretary Citibank, N.A.................................................................................. Chairman of the Board, Chairman of the Executive Committee, any Vice Chairman, President, any Executive Vice President, any Senior Vice President, any Vice President, or Cashier Irving Trust Company..................................................................... Chairman of the Board, President, any Executive Vice President, or any Vice President Manufacturers Hanover Trust Company......................................... Chairman of the Board, President, or any Vice President Morgan Guaranty Trust Company of New Y ork............................. Chairman of the Board, a Vice Chairman, President, any Vice President, Cashier, or Secretary Republic National Bank of New York............................................. Chairman of the Board, President, any Vice President, or Cashier 3
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