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F E D E R A L R E S E R V E BANK O F N E W YORK T C ircular No. 7 8 7 1 1 M ay 11, 1976 L J A ppointm ent of Buffalo B ranch D irector For Unexpired Portion of Term Ending December 31, 1978 To <?/ f%<? The Board of Directors of this Bank has appointed KENT O. PA R M iN G TO N a director of the Buffalo Branch for the unexpired portion of a three-year term ending December 31, 1978. Mr. Parmington is Regional President, Western Region, of The Bank of New York, Butfalo, N. Y. On the Branch Board, he succeeds AvERY H. FoNDA, who has retired as President of Liberty National Bank and Trust Company, Buffalo, N. Y., and has resigned as a director of the Buffalo Branch. PAUL A. VOLCKER,