Full text of Federal Reserve Bank of New York Circulars : 7062. Results of Election of Directors

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FEDERAL RESERVE BANK
OF NEW YORK

r Circular No. 7 0 6 2 ~t
December 20, 1972

Results of Election of Directors

To the Member B anks o f the Second Federal Reserve D istrict:

The election of directors (a) to fill the vacancy caused by the resignation,
effective December 31, 1972, of W i l l i a m S. R e n c h a r d , class A director; and
(b) to succeed A r t h u r S. H a m l i n , class A director, and M a u r i c e R . F o r m a n ,
class B director, whose term s expire December 31, 1972, has been duly held in
accordance with the requirem ents of section 4 of the F ederal Reserve Act, as
amended, and the provisions of Circular No. 7029, dated November 1, 1972.
The results of the election are as follow s:
D a v i d R o c k e f e l l e r , Chairman of the Board, The Chase M anhattan Bank
(N ational A ssociation), New York, N. Y., was elected by member banks in
Group 1 as a class A director of this Bank to hold office for the unexpired
portion of the term ending December 31, 1973.
N e w m a n E d w a r d W a i t , J r . , President, The Adirondack T ru st Company,
S aratoga Springs, N . Y., was elected by member banks in Group 3 as a class A
director of this Bank for a term of three years beginning Ja n u a ry 1, 1973.
J a c k B. J a c k s o n , President, J. C. Penney Co., Inc., New York, N. Y., was
elected by member banks in Group 3 as a class B director of this Bank for a
term of three years beginning Jan u a ry 1, 1973.




L. G i l p a t r i c ,
Chairman of the Board.

R o s w e ll