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FEDERAL RESERVE BANK
OF NEW YORK
'Circular No. 1071*1
.November 16, 1931J

Results of Election of Directors

To Member Banks in the Second Federal Reserve

District:

The election of directors to succeed CHAELES E. MITCHELL, Class A director,
and WILLIAM H.WooDiisr, Class B director, whose terms expire December 31,1931,
has been duly held in accordance with the requirements of Section 4 of the Federal
Reserve Act and the provisions of Circular No. 1059 dated October 1,1931.
The results of the election are as follows:
H. WIGGIN, Chairman, Governing Board, The Chase National Bank
of the City of New York, was elected by member banks in Group 1 as a Class A
director of this bank, to succeed CHARLES E. MITCHELL; and WILLIAM H.WOODIX,
President, American Car & Foundry Company, New York, was re-elected by
member banks in Group 1 as a Class B director of this bank. Each was chosen
for a term of three years beginning January 1, 1932.
ALBERT




J. H. CASE,

Chairman of the Board.