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FE D E R A L R E S E R V E BANK
O F NEW YORK

r Circular No. 4 4 5 8 1
L May 10. 1957
J

Result o f Election o f Class B Director
Term Ending Decem ber 31, 1957

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

The election o f a director o f this Bank fo r the term o f office ending December
31,1957, to fill the vacancy caused b y the resignation o f

Joh n

E.

B ie r w ir th

as a

class B director, to accept appointm ent b y the B oa rd o f G overnors o f the F ederal
R eserve System as a class C director o f this Bank, and designation as Chairman
o f the B oa rd o f D irectors and F ederal R eserve A gent, has been duly held in acĀ­
cordance with the requirem ents o f section 4 o f the F ederal R eserve A ct, as
amended, and the provisions o f Circular No. 4439, dated M arch 20, 1957.
The result o f the election is as fo llo w s :
A u g u stu s

C.

Long,

Chairman, B oa rd o f D irectors, The T exas Company,

N ew Y ork, N. Y ., was elected by m ember banks in G roup 3 as a class B director
o f this Bank to hold office fo r the unexpired term ending Decem ber 31, 1957.




Joh n

E.

B ie r w ir th ,

Chairman of the Board.