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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.