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FED ER AL RESERVE BANK
O F NEW YORK

Circular No. 7778* 1

[ December \9, 1975

J

BUFFALO BRANCH DIRECTORS
Appointment of Directors and Designation of Chairman

To the Member Banks of the Second Federal Reserve D istrict:

The Board of Directors of this Bank has appointed A v e r y H. F o n d a a director of the
Buffalo Branch for a three-year term beginning January 1, 1976. Mr. Fonda is President
of Liberty National Bank and Trust Company, Buffalo, N. Y. On the Branch Board,
he succeeds C l a u d e F. S h u c h t e r , Chairman of Manufacturers and Traders Trust Company,
Buffalo, N. Y., who has been a Branch director since January 1973.

The Board of this Bank has also appointed C h a r l e s A. M a rk s a director of the B u f­
falo Branch for the unexpired portion of a term ending December 31, 1977. Mr. Marks is
President of Alden State Bank, Alden, N. Y. On the Branch Board, he succeeds S te p h e n T.
C h r is tia n , Chairm an of M arine Midland B ank-C hautauqua, National Association, Jam es­
town, N. Y., who has resigned from the B ranch Board, effective December 31, 1975, in view
of his retirem ent from an active role in the day-to-day management of M arine Midland B ankChautauqua.
The Board of this Bank has designated R u p e r t W a r r e n as Chairman of the Branch
Board for the year 1976. Mr. W arren, form er President of Trico Products Corporation,
Buffalo, N. Y., has been a director of the Branch since January 1971 and was Chairman of
the Branch Board in 1973.
The Board of Governors of the Federal Reserve System has reappointed D o n a l d R.
a director of the Buffalo Branch of this Bank for a three-year term beginning
January 1, 1976. Mr. Nesbitt, who is the owner and operator of Silver Creek Farms, Albion,
N. Y., has been a director of the Branch since January 1973, serving as Chairman of the
Branch Board in 1975.
N e sb itt




P aul A. V

olcker,

President.