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FEDERAL RESERVE BANK
OF NEW YORK
{"Circular No. 1 2 2 5 , May 5, 1933T
L Reference to Circular No. 1151J

Member Federal Advisory Council

To All Member Banks in the Second Federal Reserve District:
GEORGE

"W.

DAVISOX,

who has been elected as a Class " A " director

of this bank, has resigned as a member of the Federal Advisory Council
for the Second Federal Reserve District; and the board of directors
of this bank at its meeting on May 4, 1933, selected

WALTER

E.

FREW,

Chairman of the Board of Directors, Corn Exchange Bank and Trust
Company, New York, N. Y., as a member of the Federal Advisory
Council for the Second Federal Reserve District for the unexpired
term ending December 31, 1933.

J. H. CASE,

Chairman of the Board.

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