Full text of Federal Reserve Bank of New York Circulars : 6266. Appointment of Directors

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FEDERAL R ESERVE BANK
OF N EW YORK
r Circular No. 6 2 6 6 * 1
L December 27, 1968 J

Appointment of Directors
To the Member Banks of the Second Federal Reserve District:

The Board of Governors of the Federal Reserve System has appointed A l b e r t L.
a class C director of this Bank for the unexpired portion of a term ending
December 31, 1969 and has designated him Chairman of the Board and Federal Reserve
Agent for the year 1969. Mr. Nickerson is Chairman of the Board of the Mobil Oil Corpo­
ration, New York, N . Y., and formerly served as a class B director of this Bank from
August 1961 to the end of 1966. He succeeds E v e r e t t N . C a s e , who has resigned as a
class C director. Mr. Case has served as a class C director since January 1961; he was
Deputy Chairman in 1965 and Chairman for the years 1966 through 1968.
N ic k e r s o n

The Board of Governors has appointed J a m e s M. H e s t e r as Deputy Chairman for
the year 1969. Dr. Hester, who is President of New York University, has been serving as
a class C director since January 1965. As Deputy Chairman, he succeeds K e n n e t h H.
H a n n a n , Executive Vice President, Union Carbide Corporation, New York, N. Y., whose
term as Deputy Chairman and as a class C director expires December 31,1968; Mr. Hannan
has served as a director of the Bank since January 1960.
The Board of Governors has also appointed R o s w e l l L. G i l p a t r i c a class C director
of this Bank for the three-year term beginning January 1, 1969. Mr. Gilpatric, who is a
partner in the New York law firm of Cravath, Swaine & Moore, succeeds Mr. Hannan as a
class C director.
The Board of Governors has reappointed N o r m a n F. B e a c h a director of the Buffalo
Branch of this Bank for the three-year term beginning January 1, 1969. Mr. Beach, who
is Vice President of Eastman Kodak Company, Rochester, N. Y., has been serving as a
director of the Branch since January 1968.
The Board of Directors of this Bank has appointed J a m e s I. W y c k o f f a director
of the Buffalo Branch for a three-year term beginning January 1, 1969. Mr. Wyckoff is
President of The National Bank of Geneva, Geneva, N. Y .; on the Branch Board, he suc­
ceeds A r t h u r S. H a m l i n , President of The Canandaigua National Bank and Trust Com­
pany, Canandaigua, N. Y.
The Board of this Bank has designated G e r a l d F. B r i t t as Chairman of the Branch
Board for the year 1969. Mr. Britt, who is President of L-Brooke Farms, Inc., Byron,
N. Y., has been a director of the Branch since January 1967.




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