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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.