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F E D E R A L R E SE R V E BANK
O F NEW YORK

r Circular No. 5072 1
August 18. 19<S1 J

I

Result of Election of Class B Director
For Unexpired Portion o f Term Ending December 31, 1963

To M em ber Banks o f the Second Federal R eserve D istrict:

The election o f a class B director o f this Bank for the unexpired portion of
the term ending December 31, 1963, to fill the vacancy caused by the resignation
from that office o f

A u g u stu s

C.

Long,

has been duly held in accordance with the

requirements o f section 4 o f the Federal Reserve Act, as amended, and the proviĀ­
sions o f Circular No. 5051, dated June 27,1961.
The result of the election is as follow s:
A lb e r t L . N ic k e r s o n ,

President and Chairman, Executive Committee, Socony

Mobil Oil Company, Inc., New York,

N.

Y., was elected by member banks in

Group 3 as a class B director o f this Bank to hold office for the unexpired portion
o f the term ending December 31, 1963.




P h ilip

D.

R eed ,

C h a ir m a n o f th e B o a rd .