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FEDERAL RESERVE BANK OF NEW Y O R K r Circular No. 4 0 2 0 1 L September 24, 1953 J Nomination and Election of Directors T o M em ber Banks in the Second Federal R eserve D istrict: A n election w ill be held under the provisions o f section 4 o f the F ederal R eserve A ct, as amended, to choose successors to the follow in g directors o f this Bank whose term s w ill expire Decem ber 31, 1953: class A director, B u r r P . C l e v e l a n d , P resident, F irst N ational Bank o f Cortland, Cortland, N. Y ., and class B director, L a n s i n g P . S h i e l d , President, The Grand U nion Com pany, E ast P aterson, N. J. B oth d irectors w ere elected by m em ber banks in G roup 2 and tlieir su ccessors will be chosen b y this group. T he m em ber banks in G roups 1 and 3 will not participate in this election. The classification o f m em ber banks fo r the purpose o f nom ination and election o f class A and B directors o f the F ederal R eserve Bank o f New Y ork is as fo llo w s : Group 1 consists o f banks having capital and surplus o f $10,000,000 or o v e r ; Group 2, o f banks with capital and surplus over $400,000 but less than $10,000,000 (listed on pages 3 - 8 ) ; and Group 3, o f banks having capital and surplus o f $400,000 and less. E xcep t in the case o f two o r m ore banks affiliated with the same holding com pany affiliate,* each bank in G roup 2 is perm itted to nominate a candidate fo r class A director and a candidate *Section 4 of the Federal Reserve A ct, as amended, reads in part as follows: . . . That whenever any two or more member banks within the same Federal reserve district are affiliated with the same holding company affiliate, participation by such member banks in any such nomination or election shall be confined to one of such banks, which may be designated for the purpose by such holding company affiliate.” Accordingly, banks in Group 2 affected by the foregoing provision of the law are requested to take prompt action to have the appropriate holding company affiliate designate, if it has not already designated, one o f its affili ated banks to participate in this nomination and election. fo r class B director.** The nom inations should be m ade by resolution o f the boards o f directors o f the nom inating banks and certified copies o f such resolutions should be sent to me so as to reach me on 01* before October 26, 1953. The enclosed printed form s show the appropriate form s o f resolution and one cop y o f each form should be used in sending certified copies o f the resolutions to me. On O ctober 28, 1953, copies o f the list o f candidates (indicating by whom nom inated) and preferential ballots w ill be m ailed so that, in the norm al course o f the m ails, they w ill be received b y all banks in G roup 2 on O ctober 29, 1953. The law provides that the ballot shall be cast within 15 days a fter receipt o f this list. The polls w ill open on O ctober 29, 1953, and w ill close at 12 o ’clock noon on F rid a y, N ovem ber 13, 1953. U pon the closing o f the polls the ballot b ox w ill be opened in the board room o f this Bank, the votes counted and checked by tellers, and results o f the election announced. The candidates w ill be im ated to be present or represented on that occasion. In ord er to be counted as valid, the ballot m ust be executed by an officer authorized to cast the vote and must be received b y me at or before the time thus fixed fo r the closing o f the polls (i.e., at o r b efore 12 o ’clock noon on F riday, N ovem ber 13, 1953). The list on the follow in g pages shows the officers heretofore designated fo r this purpose by the respective banks in G roup 2. B eca u se banks in G roups 1 and 3 will not participate in this election, this circular is sent to them w ithout fo rm s fo r their inform ation only. E. C r a n e , Chairman o f the Board. Jay ♦♦Section 4 of the Federal Reserve A ct, as amended, reads in part as follow s: “ Class A shall consist of three members, who shall be chosen by and be representative of the stock-holding banks. . . . No officer or director of a member bank shall be eligible to serve as a class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director. “ Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director.” ‘ ‘ Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. . . . No director of class B shall be an officer, director, or employee of any bank.” “ No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank.” In a resolution adopted December 23, 1915, the Board of Governors of the Federal Reserve System expressed the opinion “ that persons holding political or public office in the service of the United States, or of any State, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying principles of the Federal Reserve A ct, serve as directors or officers of Federal Reserve Banks.” O n December 28, 1915, the Board of Governors of the Federal Reserve System resolved that “national bank examiners shall not hereafter be elected * * * to directorships in Federal Reserve Banks.” Under date of July 2, 1925, the Board of Governors of the Federal Reserve System advised it had “ reached the conclusion that a person whose sole occupation is that of officer of an insurance com pany is not eligible for election as a class B director of a Federal Reserve Bank,” and on October 18, 1939, the Board advised “ that a person whose sole occupation is that of president of a Federal savings and loan association and who has been serving as a class A director is not now eligible for election and service as a class B director.” 1953 Election o f Directors List of 287 Member Banks in Group 2 Revised to Septem ber 22, 1953 G r o u p 2 c o n s is ts o f m e m b e r b a n k s w ith c a p i t a l a n d s u r p lu s o v e r $4 00 ,0 00 b u t le s s th a n $ 1 0 ,0 0 0 ,0 0 0 CONNECTICUT Place Bridgeport Bridgeport Bridgeport Bridgeport Danbury Danbury Greenwich New Canaan Norwalk South Norwalk Stamford Stamford Name of Bank or Trust Company The Black Rock Bank and Trust Company . . . . The Bridgeport-City Trust C o m p a n y .................................. The First National Bank and Trust Company of Bridgeport The West Side Bank City National Bank & Trust Company of Danbury Danbury National B a n k ............................................................. First National Bank in G r e e n w ic h ........................................ The First National Bank & Trust Company of New Canaan The National Bank of N o r w a l k ............................................... The City National Bank of South N orw alk........................... The First-Stamford National Bank and Trust Company The Springdale Bank and Trust Com pany........................... Officers Authorized to Cast Vote President, or Treasurer President, or any Vice President President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, or Treasurer N E W JERSEY Allenhurst Asbury Park Asbury Park Belleville Bergenfield Bernardsville Bloomfield Bloomingdale Bogota Boonton Bound Brook Bound Brook Bradley Beach Caldwell Cliffside Park Clifton Clifton Dover Dover Dunellen Elizabeth Elizabeth Elizabeth Elizabeth Englewood Fair Lawn Flemington Freehold Garfield Glen Ridge Hackensack Hackensack Allenhurst National Bank and Trust Company ........................................................................ Asbury Park and Ocean Grove B a n k ..................................President, any Vice President, or Cashier Asbury Park National Bank and Trust Company . . President, any Vice President , Cashier, or any Assistant Cashier Peoples National Bank & Trust Company of Belleville President, any Vice President, or Cashier The Bergenfield National Bank and Trust Company . . President, any Vice President, or Cashier Somerset Hills National Bank of Bernardsville . . . President, any Vice President, or Cashier Community Trust Company of B lo o m fie ld ........................... President, any Vice President, or Cashier The First National Bank of Bloomingdale . . . . President, any Vice President, or Cashier The Bogota National B a n k ......................................................President, any Vice President, or Cashier Boonton Trust C o m p a n y .............................................................President, any Vice President, or Treasurer Bound Brook Trust C o m p a n y ............................................... President, any Vice President, or Treasurer The First National Bank of Bound Brook . . . . President, any Vice President, or Cashier The First National Bank of Bradley B ea c h ...........................President, any Vice President, or Cashier The Citizens National Bank and Trust Company of Caldwell President, any Vice President, or Cashier The United National Bank of Cliffside Park . . . . President, any Vice President, or Cashier Bank of Allwood ........................................................................................................................................ Passaic-Clifton National Bank and Trust Company . President, any Vice President, or Cashier The Dover Trust C o m p a n y ...................................................... President, any Vice President, Treasurer, or Assistant Treasurer The National Union Bank of D o v e r ..................................President, any Vice President, or Cashier The First National Bank of D u nellen..................................President, or Cashier Central Home Trust Company of Elizabeth, N . J. . President, any Vice President, or Treasurer The Elizabethport Banking C o m p a n y ..................................President, any Vice President, or Cashier The National State Bank of E l iz a b e t h ..................................President, any Vice President, or Cashier Union County Trust C o m p a n y ............................................... President, any Vice President, or Treasurer Citizens Northern Valley National Bank of Englewood President, any Vice President, or Cashier Fair Lawn-Radbum Trust C o m p a n y ..................................President, any Vice President, or Treasurer The Hunterdon County National Bank of Flemington President, any Vice President, or Cashier The First National Bank of F r e e h o ld ..................................President, any Vice President, or Cashier First National Bank in Garfield............................................... President, or Cashier Glen Ridge Trust C o m p a n y ......................................................President, any Vice President, or Secretary The Bergen County National Bank of Hackensack ............................................................................................. The City National Bank and Trust Company of Hackensack President, any Vice President, or Cashier 3 GROU P 2 NEW JE RSEY ( Continued) Place Hackensack Hackensack Hackettstown Harrison Highland Park Hillside Irvington Jersey City Jersey City Jersey City Jersey City Kearny Linden Long Branch Madison Manville Maplewood Millburn Montclair Montclair Morristown Morristown Newark Newark Newark Newark Newark Newark New Brunswick New Brunswick Newton North Bergen Nutley Oradell Orange Passaic Paterson Paterson Perth Amboy Perth Amboy Phillipsburg Phillipsburg Plainfield Plainfield Plainfield Plainfield Prospect Park Rahway Ramsey Red Bank Red Bank Ridgefield Ridgefield Park Name of Bank or Trust Company Officers Authorized to Cast Vote The Hackensack Trust C o m p a n y ................................... Peoples Trust Company of Bergen County . . . . President, any Vice President, or Secretary President, any Vice President, Cashier, Secretary, or Treasurer The Peoples National Bank of Hackettstown . . . . President, any Vice President, or Cashier West Hudson National Bank of H a r r i s o n ............................ President, any Vice President, or Cashier The First National Bank of Highland Park . . . . President, any Vice President, or Cashier The Hillside National Bank (P. O., Elizabeth, N. J .) . . President, any Vice President, or Cashier The Peoples National Bank & Trust Company of Irvington President, any Vice President, Cashier, or any Assistant Cashier Commercial Trust Company of New Jersey . . . . President, any Vice President, or Treasurer The First National Bank of Jersey C i t y ............................ President, any Vice President, or Cashier Hudson County National B a n k .................................................President, any Vice President, or Cashier The Trust Company of New J e r s e y ................................... President, any Vice President, or Treasurer The First National Bank and Trust Company of Kearny President, any Vice President, or Cashier Linden Trust C o m p a n y ..............................................................President, any Vice President, or Secretary and Treasurer Long Branch Trust C o m p a n y ................................................ President The First National Bank of M a d i s o n ................................... President, any Vice President, or Cashier The Manville National B a n k .................................................................................................................................................. The Maplewood Bank and Trust C o m p a n y ............................ President, any Vice President, Cashier, Treasurer, or Secretary The First National Bank of M i l l b u r n ................................... President, any Vice President, or Cashier First National Bank of Montclair (P. O., Upper Mont- President, any Vice President, any Assistant clair, N . J . ) ................................................................................. Vice President, or Cashier Montclair Trust C o m p a n y ....................................................... President, or any Vice President The First National Iron Bank of Morristown . . . . President, any Vice President, or Cashier The Morristown Trust C o m p a n y .......................................... President, or any Vice President Bank of C o m m e r c e ..................................................................... President, any Vice President, or Cashier Federal Trust C o m p a n y .............................................................. President, or any Vice President Franklin Washington Trust C o m p a n y ................................... President, or any Vice President Lincoln National Bank of N e w a r k ..........................................President, any Vice President, or Cashier Union National Bank in N e w a r k ..........................................President, any Vice President, Cashier, or Assistant Cashier West Side Trust C o m p a n y ....................................................... President, any Vice President, or Secretary The National Bank of New J e r s e y ................................... President, any Vice President, or Cashier The Peoples National Bank of New Brunswick . President, any Vice President, or Cashier The Sussex and Merchants National Bank of Newton . President, any Vice President, or Cashier The First National Bank of North Bergen . . . . President, any Vice President, or Cashier Bank of N u t l e y ............................................................................President, any Vice President, or Cashier The First National Bank of O r a d e l l ................................... President, any Vice President, or Cashier The Second National Bank of O r a n g e ................................... President, any Vice President, or Cashier Bank of Passaic and Trust C o m p a n y ................................... President, any Vice President, or Treasurer Broadway Bank & Trust C o m p a n y ..........................................President, any Vice President, or Treasurer First National Bank and Trust Company of Paterson . . President, any Vice President, or Cashier First Bank and Trust C o m p a n y .......................................... President, any Vice President, Treasurer, or Assistant Treasurer The Perth Amboy National B a n k .......................................... President, any Vice President, or Cashier The Phillipsburg National Bank and Trust Company . President, any Vice President, or Cashier The Second National Bank of Phillipsburg . . . . President, any Vice President, or Cashier Mid-City Trust Com pany..............................................................President, any Vice President, or Treasurer The Plainfield National B a n k .................................................President, any Vice President, or Cashier The Plainfield Trust C o m p a n y .................................................President, or any Vice President The State Trust Company at Plainfield, New Jersey . President, or any Vice President The Prospect Park National Bank (P. O., Paterson, N .J.) President, any Vice President, or Cashier The Rahway National B a n k ........................................................President, any Vice President, or Cashier The First National Bank and Trust Company of Ramsey President, any Vice President, or Cashier The Merchants Trust Company of Red Bank, N . J . . . President, any Vice President, or Treasurer The Second National Bank of Red B a n k .............................President, any Vice President, or Cashier The Ridgefield National B a n k .................................................President, any Vice President, or Cashier Ridgefield Park Trust Com pany.................................................President, any Vice President, or Secretary 4 GROU P 2 NEW JE R SE Y ( Continued) Place Ridgewood Name of Bank or Trust Company Ridgewood Roselle Rutherford Citizens First National Bank and Trust Company of R i d g e w o o d ................................................................................. The North Jersey Trust Company, Ridgewood, New Jersey The First National Bank of R o s e l l e ................................. The Rutherford National B a n k ........................................ Rutherford Somerville South River Rutherford Trust C o m p a n y ...................................................... The Second National Bank of S o m e r v ille ........................... The First National Bank of South R i v e r ........................... Summit Summit Summit Teaneck Citizens Trust Company of Summit, New Jersey The First National Bank and Trust Company of Summit The Summit Trust C o m p a n y ............................................... The Garden State National Bank of Teaneck (P. 0 ., West Englewood, N . J . ) ................................................................... County Trust C o m p a n y ............................................................. The Union Center National B a n k ........................................ The First National Bank of W a s h in g t o n ........................... Peoples Bank & Trust Company, Westfield, New Jersey The First National Bank of West O r a n g e ........................... Woodbridge National B a n k ...................................................... The Wood Ridge National B a n k ........................................ Tenafly Union Washington Westfield West Orange Woodbridge Wood Ridge Officers Authorized to Cast Vote President, any Vice President, or Cashier President, any Vice President, or Secretary President, any Vice President, or Cashier President, any Vice President, Cashier, or any Assistant Cashier President, or any Vice President President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier President, or any Vice President President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier N E W YO RK Albany Albany Amityville Amsterdam Amsterdam Auburn Auburn Babylon Bath Bay Shore Binghamton Binghamton Binghamton Bronxville Buffalo Buffalo Buffalo Canajoharie Canandaigua Cedarhurst Cobleskill Cohoes Cooperstown Corning Cortland Dunkirk Dunkirk East Aurora Elmira First Trust Company of A l b a n y ........................................ Mechanics and Farmers’ Bank of Albany . First National Bank and Trust Company of Amityville . The First National Bank of A m s t e r d a m ........................... Montgomery County Trust C o m p a n y .................................. Auburn Trust C o m p a n y ............................................................ The National Bank of A u b u r n ............................................... The Babylon National Bank & Trust Company The Bath National B a n k ............................................................. The First National Bank and Trust Company of Bay Shore .............................................................................................. The City National Bank of B in g h a m to n ........................... President, or any Vice President President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier First National Bank of Binghamton, N. Y ........................... President, any Vice President, or Cashier President, any Vice President, or Treasurer Marine Midland Trust Company of Binghamton The Gramatan National Bank and Trust Company of B r o n x v i l l e ................................................................................. President, Cashier, or any Assistant Cashier First National Bank of B u f f a l o ............................................... President, any Vice President, or Cashier Liberty Bank of B u f f a l o ............................................................. President, any Vice President, or Cashier Lincoln National B a n k ............................................................. President, any Vice President, or Cashier First National Bank of C a n a jo h a r ie .................................. President, any Vice President, or Cashier The Canandaigua National Bank and Trust Company President, any Vice President, or Cashier The Peninsula National Bank of Cedarhurst . . . . Chairman of the Board, President, any Vice President, or Cashier The First National Bank of C o b le s k ill.................................. President, any Vice President, or Cashier The National Bank of C o h o e s ............................................... President, any Vice President, or Cashier The Second National Bank of Cooperstown . . . . President, any Vice President, or Cashier First National Bank and Trust Company of Corning President, any Vice President, or Cashier First National Bank of C o r t l a n d ........................................ Chairman of the Board, President, any Vice President, or Cashier Dunkirk Trust C o m p a n y ............................................................. President, or any Vice President President, any Vice President, or Cashier The Lake Shore National Bank of Dunkirk . . . . Erie County Trust Com pany...................................................... President, or Secretary Chemung Canal Trust Com pany............................................... President, any Vice President, Cashier, Secretary, or Treasurer 5 GROU P 2 NEW Y O R K ( Continued) Place Name of Bank or Trust Company Elmira Elmira Bank & Trust Company Endicott Endicott Farmingdale Franklin Square Fredonia The Endicott National B a n k ........................... Endicott Trust Com pany......................................... The First National Bank of Farmingdale The Franklin National Bank of Franklin Square Citizens Trust Company of Fredonia, New York Freeport Freeport Garden City Geneva Glen Cove Glens Falls Glens Falls Gloversville Gloversville The Freeport Bank, of Freeport, New York The Meadow Brook National Bank of Freeport Gloversville Gouverneur Great Neck Plaza Hamburg Hempstead Hempstead Herkimer Hicksville Hicksville Highland Falls Hoosick Falls Hudson Hudson Huntington Huntington Huntington Station Inwood Ithaca Ithaca Jamestown J amestown Jamestown Johnson City Long Island Trust Com pany.................................. The National Bank of G e n e v a ........................... Glen Cove Trust C o m p a n y .................................. The First National Bank of Glens Falls Glens Falls National Bank and Trust Company City National Bank and Trust Company of Gloversville The Fulton County National Bank and Trust Company of G lo v e r s v ille .......................................................................... Trust Company of Fulton C o u n t y ......................................... First National Bank in G o u v e rn e u r.................................. Great Neck Trust Company (P. O., Great Neck, N . Y .) The People’s Bank of H a m b u r g h ......................................... Hempstead B a n k .......................................................................... The Second National Bank and Trust Company of H e m p s t e a d ................................................................................. The First National Bank of H erkim er.................................. Bank of H icksville.......................................................................... The Long Island National Bank of Hicksville . . . . First National Bank in Highland F a l l s ........................... The Peoples-First National Bank of Hoosick Falls . The Farmers National Bank of H u d s o n ........................... The First National Bank and Trust Company of Hudson Bank of Huntington and Trust Company First Suffolk National Bank of Huntington Officers Authorized to Cast Vote Chairman of the Board, Chairman of the Executive Committee, President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or any Assistant Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, or any Vice President President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, or Assistant Cashier President, any Vice President, or Secretary President, any Vice President, or Cashier Huntington Station B a n k .............................................................President, any Vice President, or Cashier The First National Bank of I n w o o d ..................................President, any Vice President, or Cashier First National Bank of I t h a c a ............................................... President, any Vice President, or Cashier Tompkins County Trust C o m p a n y ........................................ President, any Vice President, or Cashier Bank of J a m e s t o w n ................................................................... President, any Vice President, or Cashier Chautauqua National Bank & Trust Company of Jamestown ......................................................................................................................................................................... The First National Bank of J a m e s to w n ........................... President, any Vice President, or Cashier Workers Trust C om p an y.............................................................President, any Vice President, Cashier, or Secretary J ohnstown Kenmore Kingston Kingston Kingston Liberty Liberty Lindenhurst The Johnstown B a n k ....................................................................President, any Vice President, or Cashier State Bank of K e n m o r e .............................................................President, any Vice President, or Cashier Eangston Trust C om p an y.............................................................President, any Vice President, or Treasurer The National Ulster County Bank of Kingston . . . F. J. R. Clarke, President The State of New York National B a n k ........................... President, any Vice President, or Cashier The National Bank of L i b e r t y ............................................... President, any Vice President, or Cashier The Sullivan County National Bank of Liberty . . President, any Vice President, or Cashier The First National Bank of L in d e n h u r st........................... Chairman of the Board, President, any Vice President, or Cashier Little Falls Long Beach Lynbrook The Herkimer County Trust C o m p a n y ........................... President, any Vice President, or Secretary The National City Bank of Long B e a c h ........................... President, any Vice President, or Cashier The Lynbrook National Bank & Trust Company . . . President, any Vice President, or Cashier 6 GROU P 2 NEW YORK ( Continued) Place Name of Bank or Trust Company Officers Authorized to Cast Vote Massena Middletown Middletown Mineola Mineola The Massena Banking and Trust Company . The National Bank of M id d le to w n ......................................... Orange County Trust C o m p a n y ............................................... The Central National Bank of M i n e o l a ........................... Nassau County Trust C o m p a n y ............................................... Mount Kisco Mount Vernon Newburgh Newburgh The Mount Kisco National Bank and Trust Company The First National Bank of Mount Vernon . . . . The Columbus Trust C o m p a n y ............................................... Highland-Quassaick National Bank and Trust Company of N ewburgh................................................................................. President, any Vice President, or Cashier Bank of New Hyde P a r k ...................................................... President, any Vice President, or Cashier First Westchester National Bank of New Rochelle (S ee page 8 ) New Hyde Park New Rochelle New York City North Tarrytown Norwich President, any Vice President, or Treasurer President, any Vice President, or Secretary President, any Vice President, or Cashier President, any Vice President, Secretary, or any Assistant Secretary President, any Vice President, or Cashier President, any Vice President, or Cashier President, or any Vice President The First National Bank of North Tarrytown President The Chenango County National Bank and Trust Com pany of N o r w i c h ................................................................... President, any Vice President, or Cashier Norwich The National Bank and Trust Company of Norwich Chairman of the Board of Directors, President, any Vice President, or Cashier Nyack Nyack Bank and Trust C o m p a n y ........................................ Ogdensburg Ogdensburg Trust C o m p a n y ............................................... President, any Vice President, or Treasurer Olean The Exchange National Bank of O l e a n ........................... President, any Vice President, or Cashier Olean The First National Bank of O l e a n ........................................ President, any Vice President, or Cashier Oneida The Oneida Valley National Bank of Oneida . . . . President, any Vice President, or Cashier Oneonta The Citizens National Bank and Trust Company of O n e o n t a ........................................................................................ President, any Vice President, or Cashier Oneonta Wilber National Bank of O n e o n t a ................................. President, any Vice President, or Cashier Peekskill The Westchester County National Bank of Peekskill President, any Vice President, or Cashier Plattsburg Merchants National Bank in P la t t s b u r g ........................... President, any Vice President, or Cashier Plattsburg Plattsburg National Bank & Trust Company . . . . President, any Vice President, or Cashier Port Jefferson The Bank of Northern Brookhaven........................................ President, or Cashier Potsdam Potsdam Bank and Trust C o m p a n y .................................. Poughkeepsie The Fallkill National Bank and Trust Company of Poughkeepsie .......................................................................... President, any Vice President, or Cashier Poughkeepsie The First National Bank of Poughkeepsie........................... President, any Vice President, or Cashier Poughkeepsie Merchants National Bank & Trust Company of Poughkeepsie .......................................................................... President, any Vice President, or Cashier Poughkeepsie Poughkeepsie Trust C o m p a n y ............................................... President, any Vice President, or Secretary Riverhead The Suffolk County National Bank of Riverhead President Riverhead The Suffolk County Trust C o m p a n y .................................. President, any Vice President, or Cashier Rochester Central Trust Company Rochester, N . Y ................................. President, any Vice President, or Secretary Rochester Security Trust Company of R o c h e s te r .................................. President, any Vice President, or Secretary Rockville Centre Bank of Rockville Centre Trust Company . . . . President, any Vice President, or Treasurer Rockville Centre The Nassau County National Bank of Rockville Centre President, any Vice President, or Cashier Rome The Farmers National Bank and Trust Company of Rome President, any Vice President, or Cashier Rome Rome Trust Com pany................................................................... President, any Vice President, Cashier, or Secretary Roslyn The Roslyn National Bank & Trust Company President, any Vice President, or Cashier Rye The Rye National B a n k ............................................................. President, any Vice President, or Cashier Salamanca Salamanca Trust C o m p a n y ...................................................... President, any Vice President, Cashier, or Secretary-Treasurer Saranac Lake Adirondack National Bank and Trust Company of Saranac Lake .......................................................................... President Saratoga Springs The Adirondack Trust C o m p a n y ........................... President, any Vice President, or Treasurer Sayville The Oystermen’ s Bank and Trust Company . . . . Chairman, President, any Vice President, or Secretary Searsdale Searsdale National Bank and Trust Company President Schenectady The Citizens ’ Trust Company of Schenectady, N . Y . . President, any Vice President, or Secretary and Treasurer Schenectady The Mohawk National Bank of Schenectady . . . . President, any Vice President, or Cashier 7 GROU P 2 N EW Y O R K ( Continued) Place Name of Bank or Trust Company Officers Authorized to Cast Vote Schenectady Scotia Seaford Southampton Spring Valley Spring Valley Suffem Syracuse Syracuse Syracuse The Schenectady Trust C o m p a n y ........................................ Glenville National Bank of S c o t i a ......................................... The Fort Neck National Bank of Seaford . . . . The First National Bank of Southampton . . . . The First National Bank of Spring Valley . . . . Ramapo Trust C o m p a n y ............................................................. The Suffem National Bank and Trust Company First Trust & Deposit C o m p a n y ........................................ Lincoln National Bank and Trust Company of Syracuse Marine Midland Trust Company of Central New York . . Syracuse The Merchants National Bank & Trust Company of Syracuse ....................................................................................... The Manufacturers National Bank of Troy . . . . The National City Bank of T r o y ........................................ The Union National Bank of T r o y ........................................ The First National Bank & Trust Company of Tuckahoe First Bank & Trust Company of U t i c a ........................... The Oneida National Bank and Trust Company of Utica Valley Stream National Bank and Trust Company First National Bank of W a t e r l o o ........................................ The Northern New York Trust Company . . . . Troy Troy Troy Tuckahoe Utica Utica Valley Stream Waterloo Watertown Watertown Westbury White Plains White Plains Yonkers Yonkers President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Treasurer President, any Vice President, or Cashier President, any Vice President, or Secretary President, any Vice President, or Cashier Chairman of the Board, President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President President, any Vice President, or Secretary President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, or Secretary and Treasurer The Watertown National B a n k ............................................... President, any Vice President, or Cashier Bank of Westbury Trust C o m p a n y ........................................ President, any Vice President, or Cashier The County Trust C om p an y...................................................... President, or any Vice President The Peoples National Bank and Trust Company of White P la in s ................................................................................. President, any Vice President, or Cashier Central National Bank of Y o n k e r s ........................................ Chairman of the Board of Directors, President, any Vice President, or Cashier First National Bank in Y o n k e r s ........................................ President, any Vice President, or Cashier N E W YO R K CITY Bronx Brooklyn Manhattan Queens Far Rockaway Forest Hills J amaica Springfield Gardens Richmond Port Richmond Bronx County Trust C o m p a n y ............................................... President, or any Vice President The Bensonhurst National Bank of Brooklyn in New York President, any Vice President, or Cashier Lafayette National Bank of Brooklyn in New York . President, or Cashier The Peoples National Bank of Brooklyn in New York Any Director, President, any Vice President, or Cashier The Amalgamated Bank of New Y o r k ...........................President, any Vice President, or Cashier American Trust C o m p a n y ...................................................... President, or any Vice President Clinton Trust C o m p a n y .............................................................President, any Vice President, or Treasurer Colonial Trust C o m p a n y .............................................................President, or any Vice President Federation Bank and Trust C o m p a n y ..................................President, or any Vice President Grace National Bank of New Y o r k ..................................President, any Vice President, or Cashier The Merchants Bank of New Y o r k .........................................President, any Vice President, Cashier, or Assistant Cashier The Pennsylvania Exchange B a n k .........................................President, any Vice President, or Cashier Schroder Trust Com pany.............................................................President, any Vice President, or Secretary Sterling National Bank & Trust Company of New York President, any Vice President, or Cashier Trade Bank and Trust Company . . . . . . . President, any Vice President, or Cashier The National Bank of Far R o c k a w a y ..................................President United National Bank of Long Island in New York . President, any Vice President, or Cashier The Jamaica National Bank of New York . . . . President, any Vice President, or Cashier The Springfield Gardens National Bank of New York . President, any Vice President, or Cashier The Richmond County National Bank of Port Richmond President, any Vice President, or Cashier Staten Island National Bank & Trust Company of New Y o r k ................................................................................. President, any Vice President, or Cashier FED ERAL RESERVE BANK O F NEW YORK Nomination for Class A Director, 1953 D is tr ic t N o. 2 G rou p N o. 2 A t a meeting o f the B oard o f Directors o f t h e ......................................................................... (Name of Bank) o f ................................................................................ duly called and held on the.........................day (C ity or T ow n and State) o f ............................................................ 1953, on motion duly made and seconded, it was “ R E S O L V E D , That..................................................................................... , o f ................................ whose occupation is......................................................... , be, and he is hereby, nominated by this bank as a candidate fo r class A director o f the Federal Reserve Bank o f New Y ork, and the cashier or other officer o f this bank is hereby authorized, empowered and directed to send a certified copy o f this resolution to the Chairman o f the Board o f Directors o f the Federal Reserve Bank o f New Y o rk .” I hereby certify that the foregoing is a true and correct cop y o f a resolution o f the Board o f Directors o f this bank duly adopted on the date specified. (S eal B of a n k ) (Official signature) To MR. J A Y E. C R A N E , C h a ir m a n F of t h e ederal R B ......................................" ~ oard eserve B of a n k D ir e c t o r s , of N e w Y o rk . FED ERAL RESERVE BANK O F NEW YORK Nomination for Class B Director, 1953 D is tr ic t N o. 2 G rou p N o. 2 A t a meeting o f the B oard o f Directors o f the ............................................... (N am e o f Bank) o f ................................................................................ duly called and held on the......................... day (C ity or T ow n and State) o f....................................................... ..... 1953, on motion duly made and seconded, it was “ R E S O L V E D , That..................................................................................... , o f................................ whose occupation is......................................................... , be, and he is hereby, nominated by this bank as a candidate fo r class B director o f the Federal Reserve Bank o f New Y ork, and the cashier or other officer o f this bank is hereby authorized, empowered and directed to send a certified copy o f this resolution to the Chairman o f the B oard o f Directors o f the Federal Reserve Bank o f New Y o rk .” I hereby certify that the foregoing is a true and correct cop y o f a resolution o f the Board o f Directors o f this bank duly adopted on the date specified. (S e a l B of a n k ) (Official signature) T o M R. J A Y E . C R AN E , C h a ir m a n F of th e ederal R B (T itle) oard eserve B of a n k D ir e c t o r s , of N e w Y o rk .
@FedFRASER