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FEDERAL RESERVE BANK OF NEW YORK r Circular No. 5 2 0 4 1 L November 30, 1962 J Results of Election of Directors To the Member Banks o f the Second Federal Reserve D istrict: The election of directors to succeed and K enneth H. H annan , C esar J. B ertheau, class A director, class B director, whose terms expire December 31, 1962, has been duly held in accordance with the requirements of section 4 of the Federal Reserve Act, as amended, and the provisions of Circular No. 5237, dated October 8, 1962. The results of the election are as follows: R alph H. R ue, President, The Schenectady Trust Company, Schenectady, N. Y., was elected by member banks in Group 2 as a class A director of this Bank; and K enneth H. H annan , Executive Vice President, Union Carbide Corporation, New York, N. Y., was re-elected by member banks in Group 2 as a class B director of this Bank. Each was chosen for a term of three years beginning January 1, 1963. P h il ip D. R eed, Chairman of the Board.