Full text of Federal Reserve Bank of New York Circulars : 3783. Results of Election of Directors

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FED ERAL RE SER VE BANK
OF NEW YORK
r Circular No. 3 7 8 3

L November 16. 1951 J

Results of Election of Directors

To Member Batiks in the Second Federal Reserve District:

The election o f directors to succeed
Jay

E.

C ran e,

R oger

B.

P re sco tt,

class A director, and

class B director, whose terms expire December 31, 1951, has been

duly held in accordance with the requirements of section 4 o.f the Federal Reserve
Act, as amended, and the provisions of Circular No. 3764, dated September 27,
1951.
The results of the election are as follow s:
F r e d e r ic

P.

A rm stro n g ,

President, The K eyport Banking Company, K ey­

port, N. J., was elected by member banks in Group 3 as a class
this Bank; and

Jay

E.

C ran e,

A

director of

Vice President, Standard Oil Company (New

Jersey), New York, N. Y., was reelected by member banks in Group 3 as a class B
director of this Bank. Each was chosen for a term of three years beginning
January 1, 1952.




R obert

T.

S tev en s,

Chairman o f the Board.