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FEDERAL RESERVE BANK OF NEW YORK Circular No. 1997 November 16, 1939 Results of Election of Directors To Member Banks in the Second Federal Reserve District: The election of directors to succeed WILLIAM F. PLOCH, class A director, and EOBEET T. STEVENS, class B director, whose terms expire December 31, 1939, 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. 1984, dated October 9, 1939. The results of the election are as follows: NEIL H. DOEEANCE, President, The First National Bank and Trust Company of Camden, Camden, N. Y., was elected by member banks in Group 3 as a class A director of this bank; and ROBEET T. STEVENS, President, J. P. Stevens & Co., Inc., New York, N. Y., was reflected by member banks in Group 3 as a class B director of this bank. Each was chosen for a term of three years beginning January 1,1940. OWEN D. YOUNG, Chairman of the Board.