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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.