Full text of Federal Reserve Bank of New York Circulars : 2143. Results of Election of Directors

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FEDERAL RESERVE BANK
OF NEW YORK
Circular No. 2143
November 15, 1940

Results of Election of Directors

To Member Banks in the Second Federal Reserve District:

The election of directors to succeed WILLIAM C. POTTER, class A director,
and THOMAS J. WATSON, class B director, whose terms expire December 31, 1940,
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. 2127, dated
October 1, 1940.
The results of the election are as follows:
President, The First National Bank of the City of New York,
New York, N. Y., was elected by member banks in Group 1 as a class A director
of this bank; and DONALDSON BROWN, Vice Chairman of the Board and Vice
President of General Motors Corporation, New York, N. Y., was 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, 1941.
LEON FEASER,




OWEN D. YOUNG,

Chairman of the Board.