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FE D E RA L RESER VE BANK
O F NEW YORK

/"Circular No. 4 1 8 3 1
LNovember 1 6 ,1964J

Results of Election of Directors

T o M em ber Banks in th e Second F ederal R eserve D istrict:

The election o f directors to succeed F. P almer A rmstrong, class A director,
and J ohn E. B ierwirth , class B director, whose terms expire December 31, 1954,
has been duly held in accordance with the requirements o f section 4 o f the
Federal Reserve Act, as amended, and the provisions of Circular No. 4148, dated
September 24,1954.
The results o f the election are as follow s:
F erd. I. C ollins, President and Trust Officer, Bound Brook Trust Company,

Bound Brook, N. J., was elected by member banks in Group 3 as a class A
director o f this Bank; and J ohn E. B ierwirth , President, National Distillers
Products Corporation, New York, N. Y., was reelected by member banks in
Group 3 as a class B director o f this Bank.

Each was chosen fo r a term o f

three years beginning January 1, 1955.




Jay E. C rane ,
Chairman o f the Board.