Full text of Federal Reserve Bank of New York Circulars : 2364. Nomination and Election of Class B Director, Term Ending December 31, 1942

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FEDERAL RESERVE BANK
OF NEW YORK

No. 23641
January 16, 1942J
CCircular

Nomination and Election of Class B Director
Term Ending December 31, 1942

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 fill the vacancy, caused by the resignation of ROBERT T. STEVENS, in the office
of class B director of this bank for the term ending December 31, 1942.
Mr. Stevens was elected a class B director of the Federal Reserve Bank of New York by
member banks in Group 3 and his successor will be chosen by this group. The member banks
in Groups 1 and 2 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 $10,000,000 and over;
Group 2, of banks with capital and surplus of more than $300,000 and less than $10,000,000; and
Group 3, of banks with capital and surplus of $300,000 and less (listed on pages 3-12).
Except in the case of two or more banks affiliated with the same holding company affiliate*,

•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.

each bank in Group 3 is permitted to nominate a candidate for class B director. ** The nomination should be made by resolution of the board of directors of the nominating bank and a
certified copy of such resolution should be sent to me so as to reach me on or before February
17, 1942. The printed form, two copies of which are enclosed, shows the appropriate form of
resolution and one copy should be used in sending a certified copy of the resolution to me.
On February 18, 1942, 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 February 19, 1942. The law provides that the ballot shall
be cast within 15 days after receipt of this list. The polls will open on February 19, 1942, and
will close at 12 o'clock noon on Friday, March 6, 1942. 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 the result 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 Friday, March 6,1942). 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.
BEAEDSLEY RUML,

Chairman of the Board.

** Section 4 of the Federal Reserve Act, as amended, reads in part as follows:
"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."
"No Senator or ^Representative 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", and on October 18, 1939, the
Board advised "that a person whose sole occupation is that of president of a Federal savings and loan association
and who has been serving as a class A director is not now eligible for election and service as a class B director".

1942 Election of Class B Director
Term Ending December 31, 1942

List of 504 Member Banks in Group 3
Revised to January 14, 1942
Group 3 consists of member banks with capital and surplus of $300,000 and less
CONNECTICUT

Bethel
East Port
Chester
New Canaan
Eidgefield
South Norwalk
Springdale

Officers Authorized to Cast Vote

Name of Bank or Trust Company

Place

The Bethel National Bank
The Byram National Bank of East Port Chester (P. 0.,
Port Chester, N. Y.)
The First National Bank & Trust Company of New
Canaan
The First National Bank and Trust Company of Ridgefield
.
.
.
.
The City National Bank of South Norwalk
. . . .
The Springdale Bank and Trust Company
. . . .

President, any Vice President, or Cashier
President
President, any Vice President, or Cashier
Cashier
President, any Vice President, or Cashier

NEW JERSEY
Allendale
Allenhurst
Allentown
Atlantic
Highlands
Bayonne
Belleville
Belmar
Belvidere
Bergenfield
Bernardsville
Blairstown
Bloomfield
Bloomingdale
Bloomsbury
Bogota
Bogota
Boonton
Boonton
Bound Brook
Bradley Beach
Branehville
Butler

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
Bound Brook Trust Company
The First National Bank of Bradley Beach
The Branehville National Bank
The First National Bank of Butler

Caldwell
Carteret
Carteret
Cedar Grove
Cliffside Park
Clifton
Clinton
Clinton
Cranbury
Cranford
Dumont
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

The First National Bank of Allendale
Allenhurst National Bank and Trust Company .
The Farmers National Bank of Allentown .

President, Vice President, or Cashier
President, 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, 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 Cashier
President, any Vice President, or Treasurer
President, any Vice President, or Cashier
President, or Cashier

NEW JEESEY (Continued)
Place
Dunellen

Name of Bank or Trust Company
People's Trust Company

Officers Authorized to Cast Vote
President, any Vice President, Treasurer, or
Assistant Treasurer

Ampere Bank and Trust Company (P. O., Ampere, N. J.)
Chairman of the Board, President, any Vice
The First National Bank of Eatontown
President, or Cashier
The Edgewater National Bank
President, any Vice President, or Cashier
Edgewater
The First National Bank of Englishtown .
Englishtown
President, any Vice President, or Cashier
Fair Lawn-Badburn Trust Company
Fair Lawn
President, any Vice President, or Cashier
The First National Bank of Farmingdale .
Farmin gdale
President, any Vice President, or Cashier
The Flemington National Bank and Trust Company
Flemington
President, any Vice President, or Cashier
The Fords National Bank
Fords
President, any Vice President, or Cashier
First National Bank in Fort Lee
Fort Lee
President, any Vice President, Cashier, or
Fort Lee
Fort Lee Trust Company
the Secretary and Treasurer
Sussex County Trust Company
Franklin
President, any Vice President, or Treasurer
The Central National Bank of Freehold .
Freehold
President, any Vice President, or Cashier
The First National Bank of Freehold
Freehold
President, any Vice President, or Cashier
The Union National Bank of Frenchtown . . . . President, or Cashier
Frenchtown
First National Bank in Garfield
Garfield
President, or Cashier
The First National Bank of Garwood
Garwood
T. E. Hoffman, Cashier
Glen Eidge Trust Company
Glen Eidge
President, any Vice President, or Secretary
Glen Eock Bank
Glen Eock
President, any Vice President, or Cashier
Liberty National Bank in Guttenberg
President, any Vice President, or Cashier
Guttenberg
The Hackettstown National Bank
President, any Vice President, or Cashier
Hackettstown
The Peoples National Bank of Hackettstown .
President, any Vice President, or Cashier
Hackettstown
Haledon National Bank
President, any Vice President, or Cashier
Haledon
The Hardyston National Bank of Hamburg
President, any Vice President, or Cashier
Hamburg
The First National Bank of High Bridge .
President, or any Vice President
High Bridge
President, any Vice President, or Cashier
Highland Park The First National Bank of Highland Park
The Hillsdale National Bank
President, any Vice President, or Cashier
Hillsdale
The Hillside National Bank (P.O., Elizabeth, N. J.) . President, any Vice President, or Cashier
Hillside
President, any Vice President, or Cashier
The First National Bank of Hope
Hope
The Peoples National Bank & Trust Company of
Irvington
Irvington
President, any Vice President, Cashier, or
any Assistant Cashier
The First National Bank of Jamesburg .
Jamesburg
President, any Vice President, or Cashier
The Franklin National Bank of Jersey City
Jersey City
President, any Vice President, or Cashier
The Keansburg National Bank
Keansburg
President, any Vice President, or Cashier
The Keyport Banking Company
Keyport
The People's National Bank of Keyport .
President, any Vice President, Cashier, or
Keyport
the Secretary
The Amwell National Bank of Lambertville
Lambertville
President, any Vice President, Cashier, or
any Assistant Cashier
The Lambertville National Bank
Lambertville
President, any Vice President, or Cashier
The
Little
Falls
National
Bank
Little Falls
President, any Vice President, or Cashier
Livingston National Bank
Livingston
President, any Vice President, or Cashier
Long
Branch
Trust
Company
Long Branch
The First National Bank of Madison
President, any Vice President, or Cashier
Madison
Manasquan National Bank
President, any Vice President, or Cashier
Manasquan
The Manville National Bank
Manville
The Farmers and Merchants National Bank of Matawan President, any Vice President, or Cashier
Matawan
Metuchen National Bank
President, any Vice President, or Cashier
Metuchen
The First National Bank of Milford
President, W. Egbert Thomas
Milford
The First National Bank of Milltown
Chairman of the Board
Milltown
The Citizens National Bank of Netcong .
Netcong
North Arlington The North Arlington National Bank
President, any Vice President, or Cashier
The First National Bank of North Bergen .
North Bergen
President, any Vice President, or Cashier
Bank of Nutley
Nutley
President, any Vice President, or Cashier
The First National Bank of Nutley . . . .
Nutley
Chairman of the Board, President, any Vice
President, or Cashier
Oradell
The First National Bank of Oradell
President, any Vice President, or Cashier
East Orange
Eatontown

NEW JERSEY (Continued)
Place

Name of Bank or Trust Company

Palisades Park
Park Ridge
Phillipsburg
Plainfield
Plainfield
Pompton Lakes
Red Bank
Ridgefield
Ridgefield Park
Ridgewood
Rochelle Park
Sayreville
Sea Bright
Secaucus
Somerville
South Amboy
South Orange
South Plainfield
Springfield
Spring Lake
Summit
Sussex
Tenafly
Tenafly

The National Bank of Palisades Park
The First National Bank of Park Ridge . . . .
Fhillipsburg Trust Company
Mid-City Trust Company
The State Trust Company at Plainfield, New Jersey
North Jersey National Bank of Pompton Lakes .
The Merchants Trust Company of Red Bank, N. J. .
The Ridgefield National Bank
Ridgefleld Park Trust Company
The North Jersey Trust Company, Ridgewood, New Jersey
Rochelle Park Bank, of Roehelle Park, N. J.
The First National Bank of Sayreville
The Sea Bright National Bank
Peoples National Bank of Secaucus
The Second National Bank of Somerville
. . . .
The First National Bank of South Amboy
. . . .
South Orange Trust Company
The First National Bank of South Plainfield .
The First National Bank of Springfield
. . . .
First National Bank of Spring Lake
Citizens Trust Company of Summit, New Jersey
The Farmers National Bank of Sussex
The Northern Valley National Bank of Tenafly
Tenafly Trust Company

Union
Washington
Weehawken
West Englewood
Westfield
West New York
Westwood
Whippany
Woodbridge
Wood Ridge
Wyckoff

The Union Center National Bank
Washington Trust Company of Washington, N. J. .
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

Officers Authorized to Cast Vote
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,
President,
President,
President,
President,
President,
President,
President,

any Vice President, or Cashier
any Vice President, or Cashier
Cashier, or Assistant Cashier
any Vice President, or Cashier
any Vice President, or Cashier
any Vice President, or Cashier
any Vice President, or Treasurer
any Vice President, or Cashier

Vice President
President, any Vice President, or Cashier
President, or any Vice President
President, any Vice President, or
Secretary-Treasurer
President, any Vice President, or Cashier
President,
President,
President,
President,
President,

any
any
any
any
any

Vice
Vice
Vice
Vice
Vice

President,
President,
President,
President,
President,

or
or
or
or
or

Cashier
Cashier
Cashier
Cashier
Cashier

President, any Vice President, or Cashier
President, any Vice President, or Cashier

NEW YORK
Adams
Addison
Afton
Allegany
Amenia
Amityville
Amityville
Andes
Andover
Angola
A rcade
Ardsley
Argyle
Arlington
Athens
Atlanta
Attica
Aurora
Avoca
Babylon

Citizens and Farmers Trust Company, Adams, New York President, any Vice President, or
Secretary & Treasurer
The First National Bank of Addison
President, any Vice President, or Cashier
First National Bank of Afton
President, any Vice President, or Cashier
The First National Bank of Allegany
President, any Vice President, or Cashier
The First National Bank of Amenia
President, any Vice President, or Cashier
The Bank of Amityville
President, any Vice President, or Cashier
First National Bank and Trust Company of Amityville . President, any Vice President, or Cashier
The National Bank of Andes
J. Alex Stott, Assistant Cashier
The Andover National Bank
Chairman of the Board, President, or Cashier
The Evans National Bank of Angola
President, any Vice President, or Cashier
The Citizens Bank of Arcade
President, any Vice President, or Cashier
The First National Bank of Ardsley
President
The National Bank of Argyle
President, any Vice President, or Cashier
Vassar Bank (P. O., Poughkeepsie, N. Y.) .
The Athens National Bank
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Atlanta National Bank
The Bank of Attica
President, any Vice President, or Cashier
The First National Bank of Aurora
President, any Vice President, or Cashier
Bank of Avoca
President, any Vice President, or Cashier
The Babylon National Bank & Trust Company .

NEW YORK (Continued)
Name of Bank or Trust Company

Place
Babylon
Baldwin
Baldwins vi lie
Barker
Batavia
Batavia
Bath
Bay Shore
Bay Shore
Beacon
Beacon
Belfast
Bellerose
Bellmore
Bellport
Bclmont
Blasdell
Bliss
Bolivar
Boonville
Boonville
Brewster
Biidgehampton
Bronxville
Buffalo
Cairo
Caledonia
Callicoon
Cambridge
Camden
Camillus
Canajoharie
Canaseraga
Canastota
Candor
Canisteo
Canton
Canton
Carmel
Castleton on
Hudson
Cato
Catskill
Catskill
Cattaraugus
Cazenovia
Center Moriches
Central Islip
Central Square
Central Valley
Chappaqua
Chateaugay
Chatham
Cherry Creek

Officers Authorized to Cast Vote

Bank of Babylon
Peoples State Bank of Baldwin
The First National Bank and Trust Company of
President, any Vice President, or Cashier
Baldwinsville
President,
any Vice President, Cashier, or
The Somerset National Bank of Barker
Assistant Cashier
The First National Bank of Batavia
President, any Vice President, Cashier, or
the Assistant Cashier
Genesee Trust Company
President, any Vice President, or Secretary
The Bath National Bank
President, any Vice President, or Cashier
The First National Bank and Trust Company of Bay Shore Chairman of the Board, President, any Vice
President, or Cashier
South Side Bank of Bay Shore, N. Y
The Fishkill National Bank of Beacon
President, any Vice President, or Cashier
The Matteawan National Bank of Beacon .
President, any Vice President, or Cashier
President, any Vice President, or Cashier
The First National Bank of Belfast
President, any Vice President, or Cashier
The First National Bank of Bellerose
President, any Vice President, or Cashier
The First National Bank of Bellmore
President, any Vice President, or Cashier
The Bellport National Bank
President, any Vice President, or Cashier
The State Bank of Belmont, N. Y
President, any Vice President, or Cashier
Bank of Blasdell
President, any Vice President, or Cashier
The Bliss National Bank
President, any Vice President, or Cashier
The First National Bank of Bolivar
President, any Vice President, or Cashier
The First National Bank of Boonville
The National Exchange Bank of Boonville
. . . . President, any Vice President, or Cashier
President, any Vice President, or Cashier
The First National Bank of Brewsters
President, any Vice President, or Cashier
The Bridgehampton National Bank
The Gramatan National Bank and Trust Company of
President, Cashier, or any Assistant Cashier
Bronxville
President, any Vice President, or Cashier
The Lincoln-East Side National Bank of Buffalo
President, any Vice President, or Cashier
The First National Bank of Cairo
President, any Vice President, or Cashier
The First National Bank of Caledonia
President, any Vice President, or Cashier
First National Bank in Callicoon
President, any Vice President, or Cashier
The Cambridge Valley National Bank
The First National Bank and Trust Company of Camden Chairman of the Board, President, any Vice
President, or Cashier
Camillus Bank
National Spraker Bank in Canajoharie
President, any Vice President, or Cashier
Canaseraga State Bank
. . . .
The First National Bank of Canastota
President
The First National Bank of Candor
Wm. B. Smith, President
First State Bank, Canisteo, N. Y. .
President, any Vice President, Cashier, or
Assistant Cashier
The First National Bank of Canton
. . . .
President, any Vice President, or Cashier
The St. Lawrence County National Bank of Canton
President, any Vice President or Cashier
The Putnam County National Bank of Carmel .
President, any Vice President, or Cashier
The National Exchange Bank of Castleton on Hudson
The First National Bank of Cato
atskill National Bank and Trust Company
The Tanners National Bank of Catskill
Bank of Cattaraugus
The Cazenovia National Bank
enter 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

President,
President,
President,
President,
President,
President,
President
President,
President,
President,

any
any
any
any
any
any

Vice
Vice
Vice
Vice
Vice
Vice

President,
President,
President,
President,
President,
President,

or
or
or
or
or
or

Cashier
Cashier
Cashier
Cashier
Cashier
Cashier

any Vice President, or Cashier
any Vice President, or Cashier
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 (Continued)
Name of Bank or Trust Company

Place
Cherry Valley
Chester
Chestertown
Cicero
Clayton
Clifton Springs
Clinton
Clyde
Clyde
Clymer
Cohocton

Otsego County National Bank of Cherry Valley
The Chester National Bank
Chester-Schroon-Horicon Bank
Cicero State Bank
The First National Exchange Bank of Clayton .
The Ontario National Bank of Clifton Springs .
The Hayes National Bank of Clinton
Briggs National Bank of Clyde
Citizens Bank of Clyde
Clymer State Bank
The Cohocton State Bank

Cold Spring

The
The
The
The
The

Copenhagen

National Bank of Cold Spring on Hudson .
Copenhagen National Bank
Cornwall National Bank
National Bank of Coxsackie
Croghan National Bank

Cornwall
Coxsackie
Croghan
Croton on
Hudson
Cuba
Cuba
Cutchogue
Dansville
Delhi
Deposit
De Euyter
Dexter

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 Euyter State Bank
The First National Bank of Dexter

Dolgeville
Dover Plains
Downsville
Dryden
Dundee

The
The
The
The
The

East Aurora
East Islip
Eastport
East Rockaway
East Setauket
Edmeston
Edwards
Ellenburg Depot
Ellenville
Ellenville
Elmsford
Endicott
Endicott

Erie County Trust Company
The First National Bank of East Islip .
The Eastport National Bank
East Eockaway 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
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
Fanningdale
Fleischmanns
Floral Park
Florida
Fonda
Fort Edward

First National Bank of Dolgeville .
Dover Plains National Bank
First National Bank of Downsville
First National Bank of Dryden
Dundee National Bank
. . . .

Officers Authorized to Cast Vote
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President,
President,
President,
President,

any
any
any
any

Vice
Vice
Vice
Vice

President,
President,
President,
President,

or
or
or
or

Cashier
Cashier
Cashier
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. Reynolds, President
President, any Vice President, or Cashier
J. D. Boss, President
President, any Vice President, Cashier, or
an Assistant Cashier
President,
President,
President,
President
President,

or Cashier
any Vice President, or Cashier
any Vice President, or Cashier
any Vice President, or Cashier

President, any Vice President, or Cashier
Chairman of the Board, President, any Vice
President, or Cashier
The First National Bank of Falconer
President, any Vice President, or Cashier
The Bank of Farmingdale
President, any Vice President, or Cashier
The First National Bank of Farmingdale
. . . . President, any Vice President, or Cashier
The First National Bank of Fleischmanns
. . . . President, any Vice President, or Cashier
Floral Park Bank and Trust Company
. . . . President, any Vice President, or Cashier
The National Bank of Florida
The National Mohawk Biver Bank of Fonda .
President, any Vice President, or Cashier
The Fort Edward National Bank

NEW YORK

(Continued)

Name of Bank or Trust Company

Place
Frankfort

Citizens First National Bank of Frankfort

Franklinville
Fredonia

The Union National Bank of Franklinville
Citizens Trust Company of Fredonia, NeAv York

Fredonia
Freeport

The National Bank of Fredonia
The Citizens National Bank of Freeport

Friendship
Fultonville
Gainesville
Glen Cove
Glen Head
Goshen
Gouverneur
Grand Gorge
Granville
Great Neck
Greene
Greenport
Greenport
Greenwich
Greenwood
Groton
Hamburg
Hamden
Hamilton

The Union National Bank of Friendship
The Fultonville National Bank
The Gainesville National Bank
The First National Bank of Glen Cove
. . . .
The First National Bank of Glen Head
. . . .
The Goshen National Bank
First National Bank in Gouverneur
. . . .
The First National Bank of Grand Gorge .
The Washington County National Bank of Granville
Bank of Great Neck
First National Bank in Greene
The First National Bank of Greenport
. . . .
The Peoples National Bank of Greenport .
The First National Bank of Greenwich
The First National Bank of Greenwood
The First National Bank of Groton
. . . .
The People's Bank of Hamburgh
The First National Bank of Hamden
. . . .
The National Hamilton Bank

Officers Authorized to Cast Vote
Chairman of the Board, 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
Chairman of the Board, President, any Vice
President, Cashier, or any Assistant 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
W. R. Wells, Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
D. D. Nelson, Cashier
President, or any Vice President
Cashier
G. 0. Adams, President
President, any Vice President, or Cashier
Judson Edie, President

President, any Vice President, or Cashier
President, or Cashier
President, any Vice President, or Cashier
Chairman of the Board, President, any Vice
President, or Cashier
Hammond
The Citizens National Bank of Hammond .
Robert 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
Hancock
The First National Bank of Hancock
President, any Vice President, or Cashier
The First National Bank of Harrisville
.
.
. . Fred E. Whipple, Cashier
Harrisville
Hartwick
The Hartwick National Bank
H. D. Bilderbeck, Cashier
Haverstraw
The National Bank of Haverstraw and Trust Company President, any Vice President, or Cashier
Hermon
The First National Bank of Hermon
President, any Vice President, or Cashier
Heuvelton
The First National Bank of Heuvelton
.
Hicks ville
The Long Island National Bank of Hicksville .
Cashier
Highland
The First National Bank of Highland
J. W. Feeter, a Director
Highland Falls First National Bank in Highland Falls
.
.
. . President, any Vice President, or Cashier
President, any Vice President, or Cashier
Hobart
The National Bank of Hobart
The Hamlin National Bank of Holeomb .
.
. . President, any Vice President, or Cashier
Holeomb
President, any Vice President, Cashier, or
Holland Patent The First National Bank of Holland Patent .
Assistant Cashier
Homer
The Homer National Bank
President, any Vice President, or Cashier
First National Bank and Trust Company of Huntington President, any Vice President, Cashier, or
Huntington
any Assistant Cashier
The Manufacturers National Bank of Ilion
Ilion
President, any Vice President, or Cashier
The Wheeler National Bank of Interlaken .
.
.
. President, any Vice President, or Cashier
Interlaken
The First National Bank of Inwood (P.O., Far Rockaway, N.Y.) President, any Vice President, or Cashier
Inwood
The Irvington National Bank and Trust Company .
Irvington
President, any Vice President, or Cashier
The First National Bank of Islip
Islip
President, any Vice President, or Cashier
Jefferson ville
The First National Bank of Jeffersonville .
.
.
. President, any Vice President, or Cashier
Jordan
The Jordan National Bank
President, or any Vice President
Northern Westchester Bank
Katonah
President, any Vice President, or Cashier
Keeseville
The Keeseville National Bank
President, any Vice President, Cashier, or
Assistant Cashier
The Kerhonkson National Bank
Kerhonkson
President, any Vice President, or Cashier
The National Union Bank of Kinderhook
Kiuderhook
President, any Vice President, or Cashier
The National Bank of Kings Park
Kings Park
President, any Vice President, or Cashier

NEW YORK {Continued)
Name of Bank or Trust Company

Place
Kingston
Lackawanna
Lacona
La Fargeville
Lake George
Lake
Bonkonkoma
Lancaster
Liberty
Liberty
Lindenhurst
Lindenhurst
Lisbon
Lisle
Liverpool
Livingston
Manor
Livonia
Locke
Locust Valley
Long Beacb
Lowville
Lowville
Lynbrook
Lyons
Lyons Falls
Mahopac
Malone
Malone
Marathon
Marcellus
Margaretville
Marion
Marlboro
Massena
Massena
Mattituck
Maybrook
Mayville
Merrick
Mexico
Middleburg
Middleville
Milford
Millbrook
Millerton
Milton
Mineola
Mineola
Minoa
Montgomery
Monticello
Montour Falls
Moravia
Morris
Morrisville
Mount Morris
Nanuet
Narrowsburg

Officers Authorized to Cast Vote

The Eondout 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 National Bank of Lake Eonkonkoma .
The Citizens National Bank of Lancaster .
The National Bank of Liberty
The Sullivan County National Bank of Liberty
The First National Bank of Lindenhurst .
The Lindenhurst Bank
The First National Bank of Lisbon
The First National Bank of Lisle
. . . .
Liverpool Bank

President, any Vice President,
President, any Vice President,
President, any Vice President,
President, any Vice President,
George Pebler, Cashier

The Livingston Manor National Bank
The Stewart National Bank of Livonia
. . . .
The Citizens Bank of Locke, N. Y
Matinecock Bank of Locust Valley
The National City Bank of Long Beach .
The Black Eiver National Bank of Lowville
Lewis County Trust Company
The Peoples National Bank and Trust Company of Lynbrook
The Lyons National Bank
The Lyons Falls National Bank
The Mahopac National Bank
The Citizens National Bank of Malone
.
The Farmers National Bank of Malone .
The First National Bank of Marathon
The First National Bank of Marcellus
The Peoples National Bank of Margaretville .
The First National Bank of Marion
. . . .

or Cashier
or Cashier
or Cashier
or Cashier
or
or
or
or

Cashier
Cashier
Cashier
Cashier

President, any Vice President, or Cashier
President, any Vice President, or Cashier
President, any Vice President, or Cashier
Edward S. Agor, President
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President
President, any Vice President, or Cashier
Frank Kettle, Cashier
President, any Vice President, Cashier, or
Assistant Cashier
The First National Bank of Marlboro
J. F. Wygant, President
The First National Bank and Trust Company of Massena President
The Massena Banking and Trust Company .
President, any Vice President, or Treasurer
The Mattituck National Bank and Trust Company .
President, any Vice President, or Cashier
The Maybrook National Bank
President, any Vice President, or Cashier
The State Bank of Mayville, Mayville, New York .
President, any Vice President, or Cashier
The First National Bank of Merrick
President, any Vice President, or Cashier
The First National Bank of Mexico
President, or any Vice President
The First National Bank of Middleburgh .
W. G. Beekman, Cashier
The Middleville National Bank
President, any Vice President, or Cashier
The Milford National Bank
President, any Vice President, or Cashier
Bank of Millbrook
President, Vice President, or Cashier
The Millerton National Bank
President, any Vice President, or Cashier
The First National Bank of Milton
Arthur B. Merritt, Cashier
The Central National Bank of Mineola
President, any Vice President, or Cashier
The First National Bank of Mineola
President, any Vice President, or Cashier
First National Bank of Minoa
President, Vice President, or Cashier
First National Bank in Montgomery
President, any Vice President, or Cashier
The Sullivan County Trust Company
Montour National Bank in Montour Falls .
The First National Bank of Moravia
President, or Vice President
The First National Bank of Morris
President, any Vice President, or Cashier
The First National Bank of Morrisville .
President
enesee Eiver National Bank of Mt. Morris
President, any Vice President, or Cashier
Nanuet National Bank
President, any Vice President, or Cashier
The First National Bank of Narrowsbuig .
President, any Vice President, or Cashier

NEW YORK (Continued)
Name of Bank or Trust Company

Place
Newark Valley
New Berlin
New Hartford
New Paltz
New Rochelle
Nichols
Norfolk
North Collins
North Creek
Northport
North
Tarrytown
Northville
Norwood
Oceanside
Odessa
Old Forge
Olean
Oneida
Ontario
Orchard Park
Oriskany Falls
Ovid
Owego
Owego
Oxford
Painted Post
Parish
Patchogue
Pawling
Pearl River
Pearl River
Peekskill
Perry
Perry
Phelps
Philmont
Pine Bush
Pine Plains
Pittsford
Plattsburg
Poland
Port Byron
Port Henry
Port Jefferson
Port Jefferson
Port Jervis
Port Leyden
Potsdam
Red Creek
Red Hook
Redwood
Remsen
Rhinebeck
Richfield
Springs

The
The
The
The
The
The
The
The
The
The

First National Bank of Newark Valley
National Bank of New Berlin
First National Bank of New Hartford
Huguenot National Bank of New Paltz
Central National Bank of New Rochelle
Nichols National Bank
First National Bank of Norfolk
Bank of North Collins
North Creek National Bank
First National Bank and Trust Company of Northport

Officers Authorized to Cast Vote
President,
President,
President,
President,
President,
President^
President,
President,
President,
President,

any Vice
any Vice
any Vice
any Vice
any Vice
any Vice
any Vice
any Vice
any Vice
any Vice

President,
President,
President,
President,
President,
President,
President,
President,
President,
President,

or
or
or
or
or
or
or
or
or
or

Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier

The First National Bank of North Tarrytown .
President
The Northville Bank
State Bank of Norwood
The Oceanside National Bank (P. O., Eockville Centre,
N. Y.)
President, any Vice President, or Cashier
President, any Vice President, or Cashier
The First National Bank of Odessa
President, any Vice President, or Cashier
The First National Bank of Old Forge
President, any Vice President, Secretary,
Olean Trust Company
. . . .
or Treasurer
President
Madison County Trust and Deposit Co
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,
President, any Vice President, or Treasurer
N. Y
Patrick Savage, Cashier
The First National Bank of Ovid .
President, any Vice President, or Cashier
The First National Bank of Owego
President, any Vice President, or Cashier
The Owego National Bank
. . . .
President, any Vice President, or Cashier
The National Bank of Oxford .
President, any Vice President, or Cashier
The First National Bank of Painted Post
The State Bank of Parish
. . . .
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
State Bank of Pearl River, New York
President, any Vice President, or Cashier
The Peekskill National Bank and Trust Company .
President, any Vice President, or Cashier
The Citizens Bank of Perry, N. Y
President, any Vice President, or Cashier
The First National Bank of Perry
President, any Vice President, or Cashier
The National Bank of Phelps
President, any Vice President, or Cashier
Philmont National Bank
President, any Vice President, or Cashier
The National Bank of Pine Bush
President, or Cashier
The Stissing National Bank of Pine Plains
President, any Vice President, or Cashier
The Pittsford National Bank
President, any Vice President, or Cashier
Merchants National Bank in Plattaburg .
President, any Vice President, or Cashier
The Citizens National Bank of Poland
President, any Vice President, or Cashier
The National Bank of Port Byron
President, any Vice President, or Cashier
The Citizens' National Bank of Port Henry .
The Bank of Port Jefferson
The First National Bank of Port Jefferson
President, any Vice President, or Cashier
The National Bank and Trust Company of Port Jervis . President
The Port Leyden National Bank
President, any Vice President, or Cashier
The Citizens National Bank of Potsdam .
President, any Vice President, or Cashier
President, any Vice President, or Cashier
The Red Creek National Bank
President, any Vice President, or Cashier
The First National Bank of Red Hook .
President, any Vice President, or Cashier
The Redwood National Bank
The First National Bank of Remsen
. . . . . President, any Vice President, or Cashier
The First National Bank of Rhinebeck
. . . . President, any Vice President, or Cashier
The First National Bank of Richfield Springs .

President, any Vice President, Cashier, or
any Assistant Cashier

NEW YORK (Continued)
Name of Bank or Trust Company

Place
Roscoe
Boslyn
Roxbury
Rye
Sag Harbor
St. Johnsville
Salamanca
Salem
Saugerties
Savannah
Sayville
Schenevus
Schoharie
Schuylerville
Scotia
Sea Cliff
Seaford
Sharon Springs
Sherrill
Sidney
Silver Creek
Silver Creek
Silver Springs
Skaneateles
Smithtown
Branch
Solvay
South Fallsburg
South Otselic
Sparkill
Spring Valley
Springville
Stamford
Stony Brook
Tarrytown
Theresa
Ticonderoga
Tuckahoe
Tully
Tupper Lake
Tuxedo
Unadilla
Vernon
Walden
Wallkill
Walton
Wappingers
Falls
Warrensburg
Warwick
Washingtonville
Waterford
Waterloo
Waterville
Watervliet
Watkins Glen
Waverly
Wayland
Weedsport

The
The
The
Rye
The
The
The
The
The
The
The

First National Bank & Trust Company of Roscoe
Roslyn National Bank & Trust Company .
National Bank of Roxbury
Trust Company
Peconic Bank
First National Bank of St. Johnsville .
First National Bank of Salamanca
Salem National Bank
Saugerties National Bank and Trust Company .
National Bank of Savannah
Oystermen's Bank and Trust Company

The Schenevus National Bank
The Schoharie County Bank
The National Bank of Schuylerville
Glenville Bank
The State Bank of Sea Cliff, N. Y.
The Seaford National Bank
The First National Bank of Sharon Springs .
The First National Bank of Sherrill
First National Bank in Sidney
The First National Bank of Silver Creek .
The Silver Creek National Bank
. . . .
The Silver Springs National Bank
. . . .
National Bank and Trust Company of Skaneateles
Bank of Smithtown
Solvay 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 .
The Farmers National Bank of Theresa .
The Ticonderoga National Bank
The Crestwood National Bank in Tuckahoe .
The First National Bank of Tully
The Tupper Lake National Bank
The National Bank of Tuxedo (P. O., Tuxedo Park, N. Y.)
The Unadilla National Bank
The National Bank of Vernon
The First National Bank and Trust Company of Walden
The Wallkill National Bank
The First National Bank and Trust Company of Walton

Officers Authorized to Cast Vote
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, President, any Vice President, or
Secretary
President, any Vice President, or Cashier
President, any Vice President, or Cashier
President
President,
President,
President,
President,
President,
President,
President,
President,

or Cashier
or
or
or
or
or
or

Cashier
Cashier
Cashier
Cashier
Cashier
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 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, or Cashier
President, any Vice President, or Cashier

President,
The National Bank of Wappingers Falls .
President,
The Emerson National Bank of Warrensburgh .
President,
The First National Bank of Warwick
entral National Bank of Washingtonville .
Bank of Waterford
President,
The First National Bank of Waterloo
.The National Bank of Waterville
President,
The National Bank of Watervliet
Glen National Bank of Watkins Glen
The Citizens National Bank of Waverly
. . . . President,
The First National Bank of Wayland
The First National Bank of Weedsport
.
President,
11

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
any Vice President, or Cashier
any Vice President, or Cashier
any Vice President, or Cashier
any Vice President, or Cashier
any Vice President, or Cashier

any Vice President, or Cashier

NEW YORK
Place

(Continued)

Name of Bank or Trust Company

Wells
Wellsville
Westbury
Westbury

The Hamilton County National Bank of Wells .
The Citizens National Bank of Wellsville
. . .
Bank of Westbury Trust Company
The Wheatley Hills National Bank of Westbury .

Westhampton
Beach

Seaside Bank

Officers Authorized to Cast Vote
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

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
The Lake Champlain National Bank of Westport .
Westport
President, any Vice President, or Cashier
The West Winfield National Bank
President, any Vice President, Cashier, or
West Winfield
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
Williamson
The State Bank of Williamson
Williston Park The Williston National Bank of Williston Park
President, any Vice President, or Cashier
(P. 0., East Williston, N. Y.)
Willsboro
President, any Vice President, or Cashier
The Essex County National Bank of Willsboro .
Windham
President, any Vice President, or Cashier
The National Bank of Windham
Windsor
President, any Vice President, or Cashier
The Windsor National Bank
Winthrop
President, any Vice President, or Cashier
The First National Bank of Winthrop
Wolcott
The First National Bank of Wolcott
President, any Vice President, or Cashier
The First National Bank of Woodridge
. . . . President, any Vice President, or Cashier
Woodridge
The Bank of Worcester
Worcester
NEW YORK CITY
Brooklyn

The Flatbush National Bank of Brooklyn in New York . President, or any Vice President

Queens
College Point College Point National Bank of New York .
Elmhurst
The Fidelity National Bank in New York .
Forest Hills Boulevard Bank
Springfield
The Springfield Gardens National Bank of New York
Gardens
Richmond
Port Richmond The Mariner Harbor National Bank
West New
West New Brighton Bank
Brighton

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

FEDERAL RESERVE BANK
OF NEW YORK

Nomination for Class B Director, 1942
Term Ending December 31, 1942

DISTRICT NO. 2

GROUP NO. 3

At a meeting of the Board of Directors of the
(Name of Bank)

duly called and held on the

day

(City or Town and State)

1942, 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 for
the term ending December 31, 1942, 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. BEARDSLEY RUML.
CHAIRMAN OP THE BOARD OP DIRECTORS,
FEDERAL RESERVE BANK OP NEW YORK.

FEDERAL RESERVE BANK
OF NEW YORK

Nomination for Class B Director, 1942
Term Ending December 31, 1942

DISTRICT NO. 2

GROUP NO. 3

At a meeting of the Board of Directors of the
(Name of Bank)

duly called and held on the

day

(City or Town and State)

1942, on motion duly made and seconded, it was
"RESOLVED, That

, of

(SEAL OP BANK)

(Official signature)

To MR. BEARDSLEY RUML,
CHAIRMAN OF THE BOARD OF DIRECTORS,
FEDERAL RESERVE BANK OF NEW YORK.

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

, 194

, 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

day of

, 194.

(Official signature)

(SEAL OF BANK)
(Title)

CHAIRMAN OP THE BOARD OP DIRECTORS,
FEDERAL RESERVE BANK OP NEW YORK.

MR. BEARDSLEY RUML,
Chairman, Board of Directors,

Federal Reserve Bank of New York,
New York, N. Y.

Full text of Federal Reserve Bank of New York Circulars : 2364. Nomination and Election of Class B Director, Term Ending December 31, 1942

FRASER