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FEDERAL RESERVE BANK OF NEW YORK Circular No. 1984 October 9, 1939 Nomination and Election of Directors To Member Banks in the Second Federal Reserve District: An election will be held under the provisions of section 4 of the Federal Reserve Act, as amended, to choose successors to the following directors of this bank whose terms will expire December 31, 1939: class A director, WILLIAM F . PLOCH, President, The National City Bank of Long Beach, Long Beach, N. Y., and class B director, ROBERT T. STEVENS, President, J. P. Stevens & Co., Inc., New York, N. Y. Both directors were elected by member banks in Group 3 and their successors will be chosen by this group. The member banks in Groups 1 and 2 do not elect directors this year and will not participate in this election. The classification of member banks for the purpose of nomination and election of class A and B directors of the Federal Reserve Bank of New York is as follows: Group 1 consists of banks with capital and surplus of over $1,999,000, Group 2 consists of banks with capital and surplus of $301,000 to $1,999,000, and Group 3 consists of banks with capital and surplus of less than $301,000 (listed on pages 3-11). Except in the case of two or more banks affiliated with the same holding company affiliate*, each bank in Group 3 is permitted to nominate a candidate for class A director and a candidate •Section 4 of the Federal Reserve Act, as amended, reads in part as follows: " . . . That whenever any two or more member banks within the same Federal reserve district are affiliated with the same holding company affiliate, participation by such member banks in any such nomination or election shall be confined to one of such banks, which may be designated for the purpose by such holding company affiliate." Accordingly, banks in Group 3 affected by the foregoing provision of the law are requested to take prompt action to have the appropriate holding company affiliate designate, if it has not already designated, one of its affiliated banks to participate in this nomination and election. for class B director.** The nominations should be made by resolution of the boards of directors of the nominating banks and certified copies of such resolutions should be sent to me so as to reach me on or before October 27,1939. The enclosed printed forms show the appropriate forms of resolution and one copy of each form should be used in sending certified copies of the resolutions to me. On October 31, 1939, copies of the list of candidates (indicating by whom nominated) and preferential ballots will be mailed so that, in the normal course of the mails, they will be received by all banks in Group 3 on November 1, 1939. The law provides that the ballot shall be cast within 15 days after receipt of this list. The polls will open on November 1, 1939, and will close at 12 o'clock noon on Thursday, November 16, 1939. Upon the closing of the polls the ballot box will be opened in the board room of this bank, the votes counted and checked by tellers, and results of the election announced. The candidates will be invited to be present or represented on that occasion. In order to be counted as valid, the ballot must be executed by an officer authorized to cast the vote and must be received by me at or before the time thus fixed for the closing of the polls (i.e., at or before 12 o'clock noon on Thursday, November 16, 1939). The list on the following pages shows the officers heretofore designated for this purpose by the respective banks in Group 3. The banks in Groups 1 and 2 will not participate in this election, and this circular is sent to them without forms for their information only. D. YOUNG, Chairman of the Board. **Section 4 of the Federal Reserve Act, as amended, reads in part as follows: ' ' Class A shall consist of three members, who shall be chosen by and be representative of the stock-holding banks. . . . No officer or director of a member bank shall be eligible to serve as a class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director. ' • Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director." "Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. . . . No director of class B shall be an officer, director, or employee of any bank." " N o Senator or Eepresentative in Congress shall be a member of the Board of Governors of the Federal Eeserve System or an officer or a director of a Federal reserve bank.'' In a resolution adopted December 23, 1915, the Board of Governors of the Federal Reserve System expressed the opinion "that persons holding political or public office in the service of the United States, or of any State, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks." On December 28, 1915, the Board of Governors of the Federal Reserve System resolved that "national bank examiners shall not hereafter be elected * * * to directorships in Federal Reserve Banks." Under date of July 2, 1925, the Board of Governors of the Federal Reserve System advised it had "reached the conclusion that a person whose sole occupation is that of officer of an insurance company is not eligible for election as a Class B director of a Federal Reserve Bank." 1939 Election of Directors List of 482 Member Banks in Group 3 Revised to October 6, 1939 Group 3 consists of member banks with capital and surplus of less than $301,000 CONNECTICUT Bank or Trust Company Place Bethel East Port Chester New Canaan Eidgefield Officers Authorized to Cast Vote The Bethel National Bank The Byram National Bank of East Port Chester (P. O., Port Chester, N. Y.) President The First National Bank & Trust Company of New Canaan President, any Vice President, or Cashier The First National Bank and Trust Company of Eidgefield Cashier NEW JEESEY Allendale Allenhurst Allentown Atlantic Highlands Bayonne Belleville Belmar Belvideire Bergenfield Bernardsville Blairstown Bloonrfield Bloomingdale Bloomsbury Bogota Bogota Boonton Boonton Bradley Beach Branehville Butler The First National Bank of Allendale . . . Allenhurst National Bank and Trust Company The Farmers National Bank of Allentown . President, Vice President, or Cashier The Atlantic Highlands National Bank . . . . The Broadway National Bank of Bayonne Peoples National Bank and Trust Company of Belleville The Belmar National Bank The First National Bank of Belvidere The Bergenfield National Bank and Trust Company . The Bernardsville National Bank The First National Bank of Blairstown . . . . Community Trust Company of Bloomfield . . . . The First National Bank of Bloomingdale The Citizens National Bank of Bloomsbury . Bank of Bogota The Bogota National Bank The Boonton National Bank Boonton Trust Company The First National Bank of Bradley Beach . The Branchville National Bank The First National Bank of Butler President, or Cashier Caldwell Carteret Carteret Cedar Grove Cliff side Park Clifton Clinton Clinton Cranbury Oranford Dumont Dunellen Dunellen The Caldwell National Bank . . . . Carteret Bank and Trust Company . First National Bank in Carteret The First National Bank of Cedar Grove The United National Bank of Cliffside Park The Clifton National Bank The Clinton National Bank The First National Bank of Clinton The First National Bank of Cranbury . Cranford Trust Company The Dumont National Bank . . . . . . The First National Bank of Dunellen . People's Trust Company Eatontown The First National Bank of Eatontown Edgewater Englishtown Farmingdale Flemington The Edgewater National Bank The First National Bank of Englishtown . The First National Bank of Farmingdale . The Flemington National Bank and Trust Company President, Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or the Assistant to the President President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, or Cashier President, any Vice President, Treasurer, or Assistant Treasurer Chairman of the Board, President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier NEW JERSEY (Continued) Bank or Trust Company Place Fords Fort Lee Fort Lee The Fords National Bank First National Bank in Fort Lee Fort Lee Trust Company Franklin Freehold Freehold Frenchtown Garfield Garwood Glen Eidge Glen Bock Guttenberg Hackettstown Hackettstown Haledon Hamburg High Bridge Highland Park Hillsdale Hillside Hope Irvington Sussex County Trust Company The Central National Bank of Freehold The First National Bank of Freehold The Union National Bank of Frenchtown First National Bank in Garfield The First National Bank of Garwood Glen Ridge Trust Company Glen Eock Bank Liberty National Bank in Guttenberg The Hackettstown National Bank The Peoples National Bank of Hackettstown . . Haledon National Bank The Hardyston National Bank of Hamburg . . The First National Bank of High Bridge The First National Bank of Highland Park . . The Hillsdale National Bank The Hillside National Bank (P.O., Elizabeth, N. J.) The First National Bank of Hope The Peoples National Bank & Trust Company Irvington Officers Authorized to Cast Vote President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or the Secretary and Treasurer President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Cashier President, or Cashier T. B. Hoffman, Cashier President, any Vice President, or Secretary President, any Vice President, or President, any Vice President, or . . M. T. Welsh, President President, any Vice President, or . . President, any Vice President, or President, or any Vice President . . President, any Vice President, or President, any Vice President, or President, any Vice President, or Cashier Cashier Cashier Cashier CaBhier of Jamesburg Jersey City Keansburg Keyport The The The The Lambertville The Amwell National Bank of Lambertville Lambertville Little Falls Livingston Madison Manasquan Manville Matawan Metuchen Milford Milltown Netcong Newark The Lambertville National Bank The Little Falls National Bank Livingston National Bank The First National Bank of Madison Manasquan National Bank The Manville National Bank The Farmers and Merchants National Bank of Matawan Metuchen National Bank The First National Bank of Milford The First National Bank of Milltown The Citizens National Bank of Netcong . . . . The Mount Prospect National Bank of Newark . North Arlington North Bergen Nutley Nutley The North Arlington National Bank The First National Bank of North Bergen Bank of Nutley The First National Bank of Nutley . . Oradell Palisades Park Park Eidge Plainfield Plainfield Eidgefield Eidgefield Park Bochelle Park Sayreville Sea Bright Secaucus Somerville South Orange The First National Bank of Oradell . . . . The National Bank of Palisades Park . . . . The First National Bank of Park Eidge . . . t£id-City Trust Company The State Trust Company at Plainfield, New Jersey The Eidgefield National Bank Eidgefield Park Trust Company Bochelle Park Bank, of Bochelle Park, N. J. . . The First National Bank of Sayreville . . . . The Sea Bright National Bank Peoples National Bank of Secaueus . . . . The Second National Bank of Somerville . South Orange Trust Company Cashier Cashier First National Bank of Jamesburg Franklin National Bank of Jersey City Keansburg National Bank . . . . Peoples National Bank of Keyport . President, any Vice President, Cashier, or any Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or the Secretary President, any Vice President, Cashier, or any Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Henry S. Terhune, President President, W. Egbert Thomas Chairman of the Board President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, or any Vice President President, any Vice President, or Cashier President, any Vice President, or Secretary President, any Vice President, or Cashier President, any Vice President, or Cashier President, Cashier, or Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer "" NEW JERSEY {Continued) South Plainfield Springfield Spring Lake Sussex Tenafly Tenafly Union Weehawken West Englewood Westfield West New York Westwood Whippany Woodbridge Wood Ridge Wyckoff Officers Authorized to Cast Vote Bank or Trust Company Place The First National Bank of South Plainfield The First National Bank of Springfield First National Bank of Spring Lake The Farmers National Bank of Sussex The Northern Valley National Bank of Tenafly Tenafly Trust Company The Union Center National Bank . . . . The Hamilton National Bank of Weehawken The West Englewood National Bank The National Bank of Westfield National Bank of West New York The First National Bank of Westwood The First National Bank of Whippany Woodbridge National Bank The Wood Ridge National Bank The First National Bank of Wyckoff . . . . Peter J. Miller, Cashier . Vice President President, any Vice President, or Cashier President, or any Vice President . President, any Vice President, or Cashier . . . . President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier NEW YORK Citizens and Farmers Trust Company, Adams, New York President, any Vice President, or Secretary & Treasurer President, any Vice President, or Cashier The First National Bank of Addison Addison President, any Vice President, or Cashier First National Bank of Afton Afton President, any Vice President, or Cashier The First National Bank of Allegany Alleigany President, any Vice President, or Cashier The First National Bank of Amenia Amenia President, any Vice President, or Cashier The Bank of Amityville Amityville First National Bank and Trust Company of Amityville . President, any Vice President, or Cashier Amityville J. Alex Stott, Assistant Cashier The National Bank of Andes Andes The Andover National Bank Andover The Evans National Bank of Angola President, any Vice President, or Cashier Angola President, any Vice President, or Cashier The Citizens Bank of Arcade Arcade President The First National Bank of Ardsley Ardsley Chester K. Owen, President The National Bank of Argyle Argyle President, any Vice President, or Cashier The Athens National Bank Athens President, any Vice President, or Cashier Atlanta National Bank Atlanta President, any Vice President, or Cashier The First National Bank of Aurora Aurora President, any Vice President, or Cashier Bank of Avoca Avoca President, any Vice President, or Cashier The Babylon National Bank & Trust Company Babylon The First National Bank and Trust Company of Baldwinsville President, any Vice President, or Cashier Baldwinsville President, any Vice President, Cashier, or The Somerset National Bank of Barker Barker Assistant Cashier The First National Bank of Batavia President, any Vice President, Cashier, or the Batavia Assistant Cashier Genesee Trust Company President, any Vice President, or Secretary Batavia The Bath National Bank President, any Vice President, or Cashier Bath The First National Bank and Trust Company of Bay Shore Bay Shore President, any Vice President, or Cashier The Fishkill National Bank of Beacon Beacon President, any Vice President, or Cashier The Matteawan National Bank of Beacon Beacon President, any Vice President, or Cashier The First National Bank of Belfast Belfast President, any Vice President, or Cashier The First National Bank of Bellerose Bellerose President, any Vice President, or Cashier The First National Bank of Bellmore Bellmore President, any Vice President, or Cashier The Bellport National Bank Bellport President, any Vice President, or Cashier The State Bank of Belmont Belmont President, any Vice President, or Cashier Bank of Blasdell Blasdell President, any Vice President, or Cashier The Bliss National Bank Bliss President, any Vice President, or Cashier The First National Bank of Bolivar Bolivar Bolton National Bank of Bolton Landing President, any Vice President, or Cashier Bolton Landing The First National Bank of Boonville President, any Vice President, or Cashier Boonville The National Exchange Bank of Boonville . . . . President, any Vice President, or Cashier Boonville President, any Vice President, or Cashier The First National Bank of Brewsters Brewster President, any Vice President, or Cashier The Bridgehampton National Bank Bridgehampton The Lincoln-East Side National Bank of Buffalo . President, any Vice President, or Cashier Buffalo Adams NEW YORK (Continued) Bank or Trust Company Officers Authorized to Cast Vote Cairo Caledonia Callicoon Cambridge Camden The First National Bank of Cairo The First National Bank of Caledonia First National Bank in Callieoon The Cambridge Valley National Bank The First National Bank and Trust Company of Camden Canajoharie Canaseraga Canastota Candor Canisteo National Spraker Bank in Canajoharie Canaseraga State Bank The First National Bank of Canastota . The First National Bank of Candor First State Bank, Canisteo, N. Y. . President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier President, any Vice President, or Cashier Canton Canton Carmel Castleton on Hudson Cato Catskill Catskill Cattaraugus Cedarhurst The First National Bank of Canton The St. Lawrence County National Bank of Canton . The Putnam County National Bank of Carmel The National Exchange Bank of Castleton on Hudson The First National Bank of Cato Catskill National Bank and Trust Company . The Tanners National Bank of Catskill . . . . Bank of Cattaraugus Peninsula National Bank of Cedarhurst . . . . Center Moriches Central Islip Central Square Central Valley Chappaqua Chateaugay Chatham Cherry Creek Cherry Valley Chester Chestertown Clayton Clifton Springs Clinton Clyde dymer Cohocton Center Moriches Bank The Central Islip National Bank The First National Bank of Central Square . The Central Valley National Bank The Chappaqua National Bank The First National Bank of Chateaugay . . State Bank, Chatham, New York Cherry Creek National Bank Otsego County National Bank of Cherry Valley The Chester National Bank Chester-Schroon-Horicon Bank The First National Exchange Bank of Clayton The Ontario National Bank of Clifton Springs The Hayes National Bank of Clinton The Briggs National Bank & Trust Company of Clymer State Bank The Cohocton State Bank Cold Spring Copenhagen Cornwall Coxsackie Croghan Croton on Hudson Cuba Cuba Ciitchogue Dansville Delhi Deposit De Euyter Dexter The The The The The The First National Bank of Croton on Hudson . The Cuba National Bank The First National Bank of Cuba The First National Bank of Cutchogue The Merchants and Farmers National Bank of Dansville The Delaware National Bank of Delhi The Farmers National Bank of Deposit De Ruyter State Bank The First National Bank of Dexter Dolgeville Dover Plains Downsville Dryden Dundee The First National Bank of Dolgeville . The Dover Plains National Bank . The First National Bank of Downsville The First National Bank of Dryden . The Dundee National Bank Place . . . . Clyde National Bank of Cold Spring on Hudson Copenhagen National Bank . . . . Cornwall National Bank National Bank of Coxsackie . . . . Croghan National Bank ' President Wm. B. Smith, President President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier President President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or any Vice President President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier E. G. Eeynolds, President President, any Vice President, or Cashier J. D. Eoss, President President, any Vice President, Cashier, or an Assistant Cashier r NEW YORK (Continued) Place Bank or Trust Company East Islip East Northport Eastport East Eockaway East Setauket Edmeston Edwards Ellenburg Depol Ellenville Ellenville Elmsford Endicott Endicott Endicott The First National Bank of East Islip The Citizens National Bank of East Northport . The Eastport National Bank East Bockaway National Bank & Trust Company . The Tinker National Bank of East Setauket . . . . The First National Bank of Edmeston The Edwards National Bank . The State Bank of Ellenburg The First National Bank and Trust Company of Ellenville The Home National Bank of Ellenville The First National Bank of Elmsford The Endicott National Bank Endicott Trust Company Union Trust Company of Endicott ( P . O., Union, N. Y.) Evans Mills Fair Haven Fairport Peoples Bank of Evans Mills The Fair Haven National Bank Fairport National Bank and Trust Company Falconer Farmingdale Farmingdale Fleisehmanns Floral Park Florida Fonda Forestville Fort Edward Frankfort The First National Bank of Falconer The Bank of Farniingdale The First National Bank of Farmingdale The First National Bank of Fleisehmanns Floral Park Bank and Trust Company The National Bank of Florida The National Mohawk Eiver Bank of Fonda The First National Bank of Forestville The Fort Edward National Bank Citizens First National Bank of Frankfort Officers Authorized to Cast Vote President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, Cashier, or Assistant Treasurers President, any Vice President, or Cashier . . . . Chairman of the Board, President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier . . . ".. President, any Vice President, or Cashier . . . . Chairman of the Board, President, any Vice President, or Cashier Franklin Square The Franklin Square National Bank . President, any Vice President, or Cashier Franklin ville The Union National Bank of Franklinville President, any Vice President, or Cashier Fredonia Citizens Trust Company of Fredonia, New York President, any Vice President, Cashier, or any Assistant Cashier Fredonia The National Bank of Fredonia President, any Vice President, or Cashier Freeport The Citizens National Bank of Freeport Chairman of the Board, President, any Vice President, Cashier, or any Assistant Cashier The Union National Bank of Friendship . Friendship President, any Vice President, or Cashier The Fultonville National Bank Fultonville President, or Cashier The Gainesville National Bank Gainesville President, any Vice President, or Cashier The First National Bank of Glen Cove . . . . Glen Cove President, any Vice President, or Cashier The First National Bank of Glen Head . . . . Glen Head W. E. Wells, Cashier The Goshen National Bank Goshen President, any Vice President, or Cashier First National Bank in Gouverneur Gouverneur President, any Vice President, or Cashier The First National Bank of Grand Gorge . Grand Gorge D. D. Nelson, Cashier The Washington County National Bank of Granville Granville Bank of Great Neck Great Neck First National Bank in Greene Cashier Greene The First National Bank of Greenport G. C. Adams, President Greemport The Peoples National Bank of Greenport . President, any Vice President, or Cashier Greenport The First National Bank of Greenwich Judson Edie, President Greenwich The First National Bank of Greenwood Greenwood The First National Bank of Groton . . . . President, any Vice President, or Cashier Groton The People's Bank of Hamburgh President, or Cashier Hamburg President, any Vice President, or Cashier The First National Bank of Hamden . . . . Hamden Chairman of the Board, President, any Vice The National Hamilton Bank Hamilton President, or Cashier The Citizens National Bank of Hammond Hammond Eobert Smith, Vice President . Hammondsport The Bank of Hammondsport President, any Vice President, Cashier, or Assistant Cashier Hampton Bays The Hampton Bays National Bank President, any Vice President, or Cashier The First National Bank of Hancock Hancock President, any Vice President, or Cashier The First National Bank of Harrison Harrison President, any Vice President, or Cashier NEW YORK Place (Continued) Bank or Trust Company Officers Authorized to Cast Vote Harris ville Hartsdale Hartwick Hastings-onHudson Haverstraw Hermon Henvelton Hicksville Highland Highland Falls Hobart Holcomb Holland Patent* The First National Bank of Harrisville The Hartsdale National Bank . The Hartwick National Bank Fred E. Whipple, Cashier President, any "Vice President, or Cashier H. D. Bilderbeck, Cashier The First National Bank of Hastings-on-Hudson . The National Bank of Haverstraw and Trust Company The First National Bank of Hermon The First National Bank of Heuvelton . . . . The Long Island National Bank of Hicksville The First National Bank of Highland First National Bank in Highland Falls . . . . The National Bank of Hobart The Hamlin National Bank of Holcomb . . . . The First National Bank of Holland Patent . President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Homer Hudson Falls Hudson Falls Huntington The Homer National Bank The Peoples National Bank of Hudson Falls . The Sandy Hill National Bank of Hudson Falls . . First National Bank and Trust Company of Huntington Ilion Interlaken Inwood Irvington Islip Jeffersonville Jordan Katonah Keeseville The Manufacturers National Bank of Ilion . . . . The Wheeler National Bank of Interlaken . . . . TheFirstNationalBankof Inwood (p.O., FarRockaway.N.Y.) The Irvington National Bank and Trust Company The First National Bank of Islip The First National Bank of Jeffersonville . . . . The Jordan National Bank Northern Westchester Bank The Keeseville National Bank Kejrhonkson Kinderhook Kings Park Kingston Lackawanna Laeona La Fargeville Lake George Lake Ronkonkoma Lancaster Liberty Lindenhurst Lisbon Lisle Livingston Manor Livonia Locke Long Beach Lowville Lowville Lynbrook The Kerhonkson National Bank . The National Union Bank of Kinderhook . The National Bank of Kings Park . The Rondout National Bank of Kingston . The American Bank The First National Bank of Lacona The First National Bank of La Fargeville First National Bank of Lake George . Henry D. Fagher, Cashier President, any Vice President, President, any Vice President, President, any Vice President, President, any Vice President, The The The The The The President, any Vice President, President, any Vice President, George Pebler, Cashier President, any Vice President, President, any Vice President, Lyons Lyons Falls Mahopac Malone Malone Marathon Marcellus Margaretville Marion National Bank of Lake Ronkonkoma Citizens National Bank of Lancaster National Bank of Liberty . First National Bank of Lindenhurst First National Bank of Lisbon First National Bank of Lisle . Cashier J . W. Feeter, a Director President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or any Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or any Vice President President, any Vice President, or Cashier President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier or or or or Cashier Cashier Cashier Cashier or Cashier or Cashier or Cashier or Cashier President, any Vice President, or Cashier The Livingston Manor National Bank President, any Vice President, or Cashier The Stewart National Bank of Livonia The Citizens Bank of Locke, N. Y President, any Vice President, or Cashier The National City Bank of Long Beach The Black River National Bank of Lowville . . . . President President, any Vice President, or Secretary Liewis County Trust Company The Peoples National Bank and Trust Company of Lynbrook President, any Vice President, or Cashier The Lyons National Bank President, any Vice President, or Cashier Dhe Lyons Falls National Bank President, any Vice President, or Cashier Edward S. Agor, President The Mahopac National Bank President, any Vice President, or Cashier The Citizens National Bank of Malone President, any Vice President, or Cashier The Farmers National Bank of Malone President The First National Bank of Marathon The First National Bank of Marcellus President, any Vice President, or Cashier The Peoples National Bank of Margaretville . . . . Frank Kettle, Cashier President, any Vice President, Cashier, or The First National Bank of Marion Assistant Cashier r r NEW YORK (Continued) Place Bank or Trust Company Marlboro Massena Massena Mattituck Maybrook Mayville Merrick Mexico Middleburgh Middleville Milford Millbrook Millerton Milton Mineola Mineola Minoa Montgomery Montour Falls Moravia Morris Morristown Morrisville Mount Kisco Mount Morris Nanuet Narrowsburg Newark Valley New Berlin New Hartford New Paltz New Kochelle Nichols Norfolk North Collins North Creek Northport North Tarrytown Oceanside The First National Bank of Marlboro The First National Bank and Trust Company of Massena The Massena Banking and Trust Company . . . . The Mattituek National Bank and Trust Company The Maybrook National Bank The State Bank of Mayville, Mayville, New York The First National Bank of Merrick The First National Bank of Mexico The First National Bank of Middleburgh The Middleville National Bank The Milford National Bank Bank of Millbrook The Millerton National Bank The First National Bank of Milton The Central National Bank of Mineola The First National Bank of Mineola First National Bank of Minoa First National Bank in Montgomery . . . . . . . Montour National Bank in Montour Falls . . . . The First National Bank of Moravia The First National Bank of Morris The Frontier National Bank of Morristown . . . . The First National Bank of Morrisville Insurance Loan Trust Company Genesee River National Bank of Mt. Morris . . . . Nanuet National Bank The First National Bank of Narrowsburg The First National Bank of Newark Valley . . . . The National Bank of New Berlin The First National Bank of New Hartford . . . . The Huguenot National Bank of New Paltz . . . . The Central National Bank of New Rochelle . . . . The Nichols National Bank The First National Bank of Norfolk The Bank of North Collins The North Creek National Bank The First National Bank and Trust Company of Northport Odessa Old Forge Olean Oneida Oneonta Ontario Orchard Park Oriskany Falls Ovid Owego Owego Oxford Painted Post Patchogue Pawling Pearl River Pearl River Peekskill Officers Authorized to Cast Vote J. F. Wygant, President President President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or any Vice President W. G. Beekman, Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, Vice President, or Cashier President, any Vice President, or Cashier Arthur B. Merritt, Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, Vice President, or Cashier President, any Vice President, or Cashier President, or Vice President President, any Vice President, or Cashier President, any Vice President, or Cashier H. C. Wood, President President, President, President, President, President, President, President, President, President, President, President, President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, or or or or or or or or or or or or Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier of North Tarrytown . . . . President Bank ( P . O., Rockville Centre, President, any Vice President, or Cashier of Odessa . President, any Vice President, or Cashier of Old Forge President, any Vice President, or Cashier . . . . President, any Vice President, Secretary, or Treasurer Vfadison County Trust and Deposit Co President The Citizens National Bank and Trust Company of President, any Vice President, or Cashier Oneonta President, any Vice President, or Cashier State Bank of Ontario President, any Vice President, or Cashier Bank of Orchard Park The First Trust and Deposit Company of Oriskany Falls, N. Y President, any Vice President, or Treasurer The First National Bank of Ovid . . Patrick Savage, Cashier The First National Bank of Owego . President, any Vice President, or Cashier The Owego National Bank . . . . T. H. Reddish, Vice President The National Bank of Oxford President, any Vice President, or Cashier President, any Vice President, or Cashier The First National Bank of Painted Post President, any Vice President, or Cashier The Peoples National Bank of Patchogue President, any Vice President, Cashier, or The National Bank of Pawling . Assistant Cashier First National Bank and Trust Company of Pearl River President, any Vice President, or Cashier tate Bank of Pearl River, New York President, any Vice President, or Cashier ?he Peekskill National Bank and Trust Company . President, any Vice President, or Cashier The First National Bank The Oceanside National N. Y.) The First National Bank The First National Bank Olean Trust Company NEW YOEK (Continued) Bank or Trust Company Place Officers Authorized to Cast Vote Perry Perry Phelpa Philmont Pine Bush Pine Plains Pittsford Plattsburg {Poland The Citizens Bank of Perry The First National Bank of Perry . . . The National Bank of Phelps . . . . Philmont National Bank The National Bank of Pine Bush The Stissing National Bank of Pine Plains The Pittsford National Bank . . . . Merchants National Bank in Plattsburg The Citizens National Bank of Poland . Port Byron Port Chester Port Henry Port Jefferson Port Jervis Port Leyden Potsdam Bed Creek Bed Hook Redwood Bemsen Rhinebeck Richfield Springs The National Bank of Port Byron Mutual Trust Company of Westchester County The Citizens' National Bank of Port Henry The First National Bank of Port Jefferson The National Bank and Trust Company of Port Jervis The Port Leyden National Bank The Citizens National Bank of Potsdam . . . . The Red Creek National Bank The First National Bank of Red Hook The Redwood National Bank The First National Bank of Remsen The First National Bank of Rhinebeck Roseoe Roslyn Roxbury Sag Harbor St. Johnsville St. Regis Falls The The The The The The Salamanca Salem Saugerties Savannah Sayville The The The The The Schenevus Schuylerville Sea Cliff Seaford Sharon Springs SherTill Sidney Silver Creek Silver Creek Silver Springs Skaneateles Smithtown Branch Southampton South Fallsburg South Otselic Sparkill Spring Valley Springville Stamford Stony Brook Tarrytown Tarrytown Theresa Ticonderoga The First National Bank of Richfield Springs First National Bank & Trust Company of Roseoe Roslyn National Bank & Trust Company . National Bank of Roxbury Peconic Bank First National Bank of St. Johnsville . . . . St. Regis Falls National Bank President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Vice President,or W. D. Robens, or F . A. Coonradt President, any Vice President, or Cashier President, any Vice President, or Secretary President, President President, President, President, President, President, President, President, any Vice President, or Cashier any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, any Vice President, or Cashier or Cashier or Cashier or Cashier or Cashier or Cashier or Cashier President, any Vice President, Cashier, or any Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Cashier First National Bank of Salamanca Salem National Bank First National Bank & Trust Company of Saugerties President, any Vice President, or Cashier National Bank of Savannah Oystermen's Bank and Trust Company . Chairman, President, any Vice President, or Secretary The Schenevus National Bank President, any Vice President, or Cashier The National Bank of Schuylerville . . . . President, any Vice President, or Cashier The State Bank of Sea Cliff, N . Y President The Seaford National Bank President, any Vice President, or Cashier The First National Bank of Sharon Springs . President, or Cashier The First National Bank of Sherrill . . . . President, any Vice President, or Cashier First National Bank in Sidney President, any Vice President, or Cashier The First National Bank of Silver Creek . . . President, any Vice President, or Cashier The Silver Creek National Bank President, any Vice President, or Cashier The Silver Springs National Bank President, any Vice President, or Cashier National Bank and Trust Company of Skaneateles President, any Vice President, or Cashier Bank of Smithtown The Southampton Bank The South Fallsburg National Bank . . . . The Otselic Valley National Bank of South Otselic The First National Bank of Sparkill . . . . Ramapo Trust Company The Citizens National Bank of Springville . The National Bank of Stamford Bank of Suffolk County The Tarrytown National Bank and Trust Company Washington Irving Trust Company . . . . Che Farmers National Bank of Theresa The Ticonderoga National Bank 10 - President, any Vice President or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier r NEW YOEK (Continued') Place Tuekahoe Tully Tupper Lake Tuxedo Unadilla Vernon Walden Wallkill Walton Wappingers Falls Warrensburg Warwick Washingtonville Waterloo Waterville Watervliet Watkins Glen Waverly Wayland Weedsport Wells Wellsville Westbury Westbury Westfield Westhampton Beach Officers Authorized to Cast Vote Bank or Trust Company The The The The The The The The The Crestwood National Bank in Tuckahoe . . . . First National Bank of Tully Tupper Lake National Bank National Bank of Tuxedo (P. O., Tuxedo Park, N. Y.) Unadilla National Bank National Bank of Vernon First National Bank and Trust Company of Walden Wallkill National Bank First National Bank and Trust Company of Walton President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier The National Bank of Wappingers Falls President, any Vice President, or Cashier The Emerson National Bank of Warrensburgh President, any Vice President, or Cashier The First National Bank of Warwick Central National Bank of Washingtonville . . . . President, any Vice President, or Cashier The First National Bank of Waterloo The National Bank of Waterville President, any Vice President, or Cashier The National Bank of Watervliet Glen National Bank of Watkins Glen The Citizens National Bank of Waverly . . . . President, any Vice President, or Cashier The First National Bank of Wayland President, any Vice President, or Cashier The First National Bank of Weedsport President, any Vice President, or Cashier The Hamilton County National Bank of Wells President, any Vice President, or Cashier The Citizens National Bank of Wellsville President, any Vice President, or Cashier Bank of Westbury Trust Company The Wheatley Hills National Bank of Westbury . . . Chairman of the Board, President, any Vice President, or Cashier The National Bank of Westfield President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier West Hempstead The West Hempstead National Bank (P. o., Hempstead, N. Y.) Stephen A. Bedell, President Westport President, any Vice President, or Cashier The Lake Champlain National Bank of Westport . West Winfield President, any Vice President, Cashier, or The West Winfield National Bank Assistant Cashier Whitehall The Merchants National Bank of Whitehall . . . . President, any Vice President, or Cashier Whitesboro The Whitestown National Bank of Whitesboro President, any Vice President, or Cashier Whitesville The First National Bank of Whitesville President, any Vice President, or Cashier Whitney Point The First National Bank of Whitney Point . . . . William Denning, President Williston Park The Williston National Bank of Williston Park President, any Vice President, or Cashier ( P . O., East Williston, N. Y.) Willsboro The Essex County National Bank of Willsboro . . . . President, any Vice President, or Cashier President, any Vice President, or Cashier Windham The National Bank of Windham President, any Vice President, or Cashier Windsor The Windsor National Bank President, any Vice President, or Cashier Winthrop The First National Bank of Winthrop President, any Vice President, or Cashier Wolcott The First National Bank of Wolcott President, any Vice President, or Cashier Woodridge The First National Bank of Woodridge Seaside Bank NEW YOEK CITY Brooklyn The Flatbush National Bank of Brooklyn in New York Queens College Point College Point National Bank of New York . . . . Elmhurst The Fidelity National Bank in New York . . . . Springfield The Springfield Gardens National Bank of New York Gardens Richmond Port Eichmond West New Brighton President, or any Vice President Cashier President, any Vice President, or Cashier The Mariner Harbor National Bank President, any Vice President, or Cashier West New Brighton Bank President, any Vice President, or Cashier 11 FEDERAL RESERVE BANK OF NEW YORK Nomination for Class A Director, 1939 DISTRICT NO. 2 GROUP NO. 3 At a meeting of the Board of Directors of the (Name of Bank) of duly called and held on the day (City or Town and State) of 1939, on motion duly made and seconded, it was "RESOLVED, That , of whose occupation is , be, and he is hereby, nominated by this bank as a candidate for director of class A of the Federal Reserve Bank of New York, and the cashier or other officer of this bank is hereby authorized, empowered and directed to send a certified copy of this resolution to the Chairman of the Board of Directors of the Federal Reserve Bank of New York.'' I hereby certify that the foregoing is a true and correct copy of a resolution of the Board of Directors of this bank duly adopted on the date specified. (SEAL OP BANK) (Official signature) To MR. OWEN D. YOUNG, CHAIRMAN OF THE BOARD OF DIRECTORS, FEDERAL RESERVE BANK OF NEW YORK. FEDERAL RESERVE BANK OF NEW YORK Nomination for Class B Director, 1939 DISTRICT NO. 2 GROUP NO. 3 At a meeting of the Board of Directors of the (Name of Bank) of duly called and held on the day (City or Town and State) of 1939, on motion duly made and seconded, it was "RESOLVED, That _ , of whose occupation is , be, and he is hereby, nominated by this bank as a candidate for director of class B of the Federal Reserve Bank of New York, and the cashier or other officer of this bank is hereby authorized, empowered and directed to send a certified copy of this resolution to the Chairman of the Board of Directors of the Federal Reserve Bank of New York." I hereby certify that the foregoing is a true and correct copy of a resolution of the Board of Directors of this bank duly adopted on the date specified. (SEAL OF BANK) (Official signature) To MR. OWEN D. YOUNG. CHAIRMAN OF THE BOARD OF DIRECTORS, FEDERAL RESERVE BANK OP NEW YORK. FEDERAL RESERVE BANK OF NEW YORK October 9, 1959. To the Member Bank in Group 3 Addressed: Reference is made to circular No. 1984, dated October 9, 1939, regarding nomination and election of directors of the Federal Reserve Bank of New York. Each member bank has heretofore been requested to designate, by title only, several officers to cast the vote of the member bank in elections of class A and class B directors of this bank. This uniform plan of designation wss for the purpose of avoiding the inconvenience incident to the designation of a single officer both by name and title, which made necessary the adoption of a new resolution in the event of his promotion or resignation or if for some other reason he was unable to cast the vote. As our records do not indicate that your bank has adopted a resolution designating officers by title only, I am enclosing two copies of 8 form of such resolution, with the request that this form of resolution be adopted by the board of directors and that a certified copy be sent to me. Owen D. Young, Chairman of the Board. Encs. FEDERAL RESERVE BANK OF NEW YORK Designation of Officers Authorized to Cast Vote of Member Bank in Elections of Directors of Federal Reserve Bank of New York DISTRICT NO. 2 At a meeting of the Board of Directors of the (Name and Location of Bank) duly called and held on the duly made and seconded, it was day of , 193 , on motion "RESOLVED, That the president, any vice president, or the cashier of this bank, or (If designation of some officer not included in those mentioned is desired, insert his title only here) of this bank, be and any one of them is hereby authorized, empowered and directed to cast the vote of this bank for class A and class B directors of the Federal Reserve Bank of New York, in accordance with the provisions of section 4 of the Federal Reserve Act, as amended. "RESOLVED FURTHER, That the authority hereby granted shall continue in force until revoked by the Board of Directors of this bank and that such authority heretofore conferred on any officer of this bank is hereby revoked." I hereby certify that the foregoing is a true and correct copy of a resolution of the Board of Directors of this bank, duly adopted on the date specified. Dated the dav of 193 (Official signature) (SEAL OP BANK) (Title) To CHAIRMAN OF THE BOARD OF DIRECTORS, FEDERAL RESERVE BANK OF NEW YORK. MR.. OWEN D. YOUNG, Chairman, Board of Directors, Federal Reserve Bank of New York, New York, N. Y.