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FEDERAL RESERVE OF NEW BANK YORK /-Circular No. 27251 LNovember 16. 1943J Results of Election of Directors To Member Banks in the Second Federal Reserve District: The election of directors to succeed DONAI.DSOX BROWN, class B LEON FRASER, class A director, and director, whose terms expire December 31, 1943, 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. 2696, dated September 27, 1943. The results of the election are as follows: S . SLOAN COLT, President, Bankers Trust Company, New York, N. Y., was elected by member banks in Group 1 as a class A director of this bank; and DONALDSON B R O W N , Vice Chairman of the Board, General Motors Corporation, New York, X. Y., was reelected 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, 1944. BEARDSLEY R U M L , Chairman of the Board.