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FEDERAL RESERVE BANK OF NEW YORK [ Circular No. 10599 December 16, 1992 ~l J Results of Election of Directors To the Member Banks of the Second Federal Reserve District: The election of directors to succeed V ic to r J. R i l e y , J r ., class A director, and Jo h n A. G e o r g e s , class B director, whose terms expire December 31, 1992, has been duly held in accordance with the requirements of section 4 of the Federal Reserve Act, as amended, and the provisions of Circular No. 10585, dated October 22, 1992. The results of the election are as follows: R o b e r t G. W il m e r s , Chairman, President, and Chief Executive Officer, Manufacturers and Traders Trust Company, Buffalo, N.Y., was elected by member banks in Group 2 as a class A director of this Bank; and W il l ia m C. S t e e r e , Jr ., Chairman of the Board and Chief Executive Officer, Pfizer Inc., New York, N. Y., was 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, 1993. Ellen V . Fu t t er , Chairm an of the Board.