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F E D E R A L R E SE R V E BANK
O F NEW YORK
("Circular No. 4 0 4 3 1
LNovember 13, 1953 J
Results of Election of Directors
T o M e m b e r B a n k s in th e S ec o n d F e d e r a l R e s e r v e D i s t r i c t :
The election o f directors to succeed
and
L a n s in g
P.
S h ie ld ,
class
B
B u rr
P.
C le v e la n d ,
class A director,
director, whose terms expire December 31, 1953,
has been duly held in accordance with the requirements of section 4 of the
Federal Reserve Act, as amended, and the provisions o f Circular No. 4020, dated
September 24, 1953.
The results o f the election are as follow s:
John
R.
E van s,
President, The First National Bank o f Poughkeepsie,
Poughkeepsie, N. Y., was elected by member banks in Group 2 as a class A
director o f this Bank; and
L a n s in g
Company, East Paterson, N.
J .,
P.
S h ie ld ,
President, The Grand Union
was reelected by member banks in Group 2 as a
class B director of this Bank. Each was chosen fo r a term o f three years
beginning January 1,1954.
J ay E . C rane,
Chairman o f the Board.
@FedFRASER