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F E D E R A L R E S E R V E BAN K
O F N EW YO R K

f Circular N o. 3 5 1 3 1
I N ovem ber 18, 1949 I

Results of Election of Directors

To Member Banks in the Second Federal Reserve D istrict:

The election of directors to succeed
and

L e w is

H.

B row n,

class

B

W in th r o p

W.

A ld r ic h ,

class A director,

director, whose terms expire December 31, 1949,

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. 3500, dated
October 3,1949.
The results of the election are as follows:
John

C.

T raph agen ,

Chairman of the Board, Bank of New York and Fifth

Avenue Bank, New York, N. Y ., was elected by member banks in Group 1 as a
class A director of this bank; and

H.

L e w is

B row n,

Chairman of the Board,

Johns-Manville Corporation, New York, N. 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, 1950.




R

obert

T. S t e v e n s ,
Chairman of the Board.