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FEDERAL RESERVE BANK OF NEW YORK ]-Circular No. 1144T LNovember 16, 1932 J Results of Election of Directors To Member Banks in the Second Federal Reserve District: The election of directors to succeed THOMAS W. STEPHENS, Class A director, and THEODOEE F. WHITMAESH, Class B director, whose terms expire December 31,1932, has been duly held in accordance with the requirements of Section 4 of the Federal Keserve Act and the provisions of Circular No. 1136 dated October 5, 1932. The results of the election are as follows: K. MILLS, Morristown, N. J., President, Morristown Trust Company, was elected by member banks in Group 2 as a Class A director of this bank, to succeed THOMAS W. STEPHENS ; and WALTEE C. TEAGLE, New York, N. Y., President, Standard Oil Company of New Jersey, was elected by member banks in Group 2 as a Class B director of this bank to succeed THEODOEE F. WHITMAESH. Each was chosen for a term of three years beginning January 1, 1933. EDWAED J. H. CASE, Chairman of the Board.