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FEDERAL RESERVE BANK
OF NEW YORK

r Circular No. 820 T
LNovember 12, 1927J

Nominations for Directors
To the Member Banks in District No. 2:
In accordance with the provisions of Section 4 of the Federal Reserve Act and my Circular No. 811
dated October 8, 1927, in regard to election of directors of this bank to succeed DELMEB RUNKLE, Class A
director, and SAMUEL W. REYBURN, Class B director, whose terms expire December 31, 1927, there is
given on the following pages the names of the candidates nominated for such directors, indicating by
whom nominated.
There is sent herewith to each bank in Group 3 a preferential ballot for use in voting on the candidates for Class A director and Class B director. There is also enclosed an envelope bearing on its face
the certificate in regard to the vote; also a red colored envelope marked "Ballot", in which the ballot
is to be sealed.
The ballot and certificate on the envelope must be executed by the officer who has been authorized
to cast the vote. A list of the designated officers was attached to my circular above mentioned. In order
that the ballot may be secret, the name of the bank and of the voting officer should not be written on
the ballot, but only on the certificate envelope.
(1) After the preferential ballot has been marked,
(2) It should be placed in the colored envelope marked "Ballot" and the envelope sealed.
(3) Then after the certificate on the certificate envelope is executed the colored sealed envelope should be placed within and the certificate envelope sealed.
(4) Then this certificate envelope containing the sealed ballot envelope should be returned to
me in the enclosed self-addressed envelope.
Under the law, the ballot must be returned so as to reach me within 15 days after its receipt. The
polls will open on November 15 and close at 3 p. m. on December 1, 1927. At that time the ballot box
will be opened in the Board Room of this bank, the sealed envelopes containing the ballots will be
opened, the votes counted and results of the election announced. Any of the candidates is invited to
be present or represented on this occasion.
While the banks in Groups 1 and 2 will not vote in this election, this circular is sent to them without forms for their information.




Respectfully,
GATES W. MCGARRAH,

Chairman of the Board.

Nominee for Class A Director
DELMER RUNKLE, OF HOOSICK FALLS, N. Y.
President, Peoples National Bank of Hoosick Falls, N. Y.
Mr. Runkle was born in Albany County, New York, in 1856 and began his banking career as a
young man with the National State Bank of Troy. Later he had charge of the collection department of
the Walter A. Wood Mowing and Reaping Machine Company of Hoosick Falls. In 1901 he organized
the Peoples National Bank and served as cashier until 1912 when he became president.
Mr. Runkle is a trustee of the Troy Savings Bank of Troy, director of the Noble & Wood Machine
Company. Hoosick Falls, N. Y., director of the Dinkel & Jewell Company of Tarrytown. N. Y., trustee of the
Samaritan Hospital of Troy, and trustee of the Cheney Free Public Library & Historical Rooms, Hoosick
Falls, N. Y. In 1918 he was president of the New York State Bankers Association, and from 1915 to
1920 Treasurer of Rensselaer County for two terms. From 1925 to 1927 director of the Federal Reserve
Bank of New York.

Nominated by the following member banks in Group 3
NEW JERSEY
Place

Bank or Trust Company

Place

Bank or Trust Company

Allenhurst
Boonton
Cliffsidc Park
Clifton
Fort Lee
Fort Lee
Freehold
Highland Park

Allenhurst National Bank
Boonton Trust Company
Cliffside Park National Bank
Clifton National Bank
First National Bank
Fort Lee Trust Company
Central National Bank
First National Bank

Lambertville
Madison
Rahway
Ridgefield Park
Ridgefield Park
Sussex
Weehawken
Woodbridge

Amweil National Bank
First National Bank
Citizens National Bank
Overpeck Trust Company
Ridgefield Park Trust Company
Farmers National Bank
Hamilton National Bank
Woodbridge National Bank

Anienia
Avoca
Babylon
Ballston Spa
Bellmore
Belmont
Brasher Falls
Bridgehampton
Camden
Canajoharie
Canastota
Carthage
Cato
Cazenovia
Cherry Creek
Cooperstown
Corinth
Endicott
Endicott
Fairport
Fleischmanns
Hamilton
Hcosick Falls
Huntington

First National Bank
Bank of Avoca
Babylon National Bank and Trust Co.
First National Bank
First National Bank
State Bank of Belmont
Brasher Falls National Bank
Bridgehampton National Bank
First National Bank & Trust Company
Canajoharie National Bank
First National Bank
National Exchange Bank
First National Bank
Cazenovia National Bank
Cherry Creek National Bank
Cooperstown National Bank
Corinth National Bank
State Bank of Endicott
Fanners National Bank of Union
Fairport National Bank & Trust Co.
First National Bank of Griffin Corners
National Hamilton Bank
Peoples National Bank
First National Bank

Ilion
Ilion
Lackav.anna
Long Beach
Mechanicville
Merrick
Middleport
Milford
Morrisville
New Berlin
New Paltz
Norfolk
Pelham
Port Jefferson
Roscoe
Silver Creek
Stony Brook
Trumansburg
Tully
Unadilla
Vernon
Walden
Watervliet

Ilion National Bank & Trust Co.
Manufacturers National Bank
American Bank
National City Bank
First National Bank
First National Bank
Community Trust Company
Milford National Bank
First National Bank
National Bank of New Berlin
Huguenot National Bank
First National Bank
Pelham National Bank
First National Bank
First National Bank
Silver Creek National Bank
Bank of Suffolk County
First National Bank
First National Bank
Unadilla National Bank
National Bank of Vernon
Third National Bank
National Bank of Watervliet




Nominee for Class B Director
SAMUEL W. REYBURN, OF NEW YORK, N. Y.
President, Associated Dry Goods Corporation of New York
Mr. Reyburn was born in Hot Springs County, Arkansas, in 1872, and graduated from the law
department of the University of Arkansas in 1894. After engaging in law practice and in various business and financial enterprises, he -became president of the Union Trust Company of Little Rock, Arkansas.
He held the office of City Treasurer of Little Rock for a time, Avas a member of the school board, and
was also president of the Arkansas Bankers Association.
Mr. Reyburn moved to New York City in 1914 and became president of the Associated Dry Goods
Corporation. He is president of Lord & Taylor, director of the Home Life Insurance Company, the
Interborough Rapid Transit Company, the Rapid Transit Subway Construction Company, and of the
various subsidiaries of the Associated Dry Goods Corporation. From 192:") to 1927 director of the Federal
Reserve Bank of New York.

Nominated by the following member banks in Group 3
NEW JERSEY
Place
Allenhurst
Boonton
Cliffside Park
Clifton
Fort Lee
Fort Lee
Freehold
Highland Park

Place

Bank or Trust Companv

Lambertville
Madison
Rahway
Ridgefield Park
Ridgefield Park
Sussex
Weehawken
Woodbridge

Allenhurst National Bank
Boonton Trust Company
Cliffside Park National Bank
Clifton National Bank
First National Bank
Fort Lee Trust Company
Central National Bank
First National Bank

Bank or Trust Company
Amwell National Bank
First National Bank
Citizens National Bank
Overpeck Trust Company
Ridgefield Park Trust Company
Farmers National Bank
Hamilton National Bank
Woodbridge National Bank

NEW YORK

Amenia
Avoca
Babylon
Ballston Spa
Bellmore
Belmont
Brasher Falls
Bridgehampton
Camden
Canajoharie
Canastota
Carthage
Cato
Cazenovia
Cherry Creek
Cooperstown
Corinth
Endicott
Endicott
Fairport
Fleischmanns
Hamilton
Hoosick Falls
Huntington




First National Bank
Bank of Avoca
Babylon National Bank and Trust Co.
First National Bank
First National Bank
State Bank of Belmont
Brasher Falls National Bank
Bridgehampton National Bank
First National Bank & Trust Company
Canajoharie National Bank
First National Bank
National Exchange Bank
First National Bank
Cazenovia National Bank
Cherry Creek National Bank
Cooperstown National Bank
Corinth National Bank
State Bank of Endicott
Farmers National Bank of Union
Fairport National Bank & Trust Co.
First National Bank of Griffin Corners
National Hamilton Bank
Peoples National Bank
First National Bank

Ilion
llion
Lackawanna
Long Beach
Mechanicville
Merrick
Middleport
Milford
Morris ville
New Berlin
New Paltz
Norfolk
Pelham
Port Jefferson
Roscoe
Silver Creek
Stony Brook
Trumansburg
Tully
Unadilla
Vernon
Walden
Watervliet

Ilion National Bank & Trust Co.
Manufacturers National Bank
American Bank
National City Bank
First National Bank
First National Bank
Community Trust Company
Milford National Bank
First National Bank
National Bank of New Berlin
Huguenot National Bank
First National Bank
Pelham National Bank
First National Bank
First National Bank
Silver Creek National Bank
Bank of Suffolk County
First National Bank
First National Bank
Unadilla National Bank
National Bank of Vernon
Third National Bank
National Bank of Watervliet

FEDERAL RESERVE BANK
OF NEW YORK

Preferential Ballot
November 12, 1927.
Group No. 3

This ballot and the certificate on the envelope must be executed by the officer who has
been authorized to cast the vote and whose appointment and signature have been certified
to me.
This ballot must be returned so as to reach me within fifteen days after its receipt.
The polls will open on November 15 and close at 3 p. m. on December 1, 1927.
Failure to observe above instructions will invalidate this ballot.
GATES W. MCGARBAH,

Chairman of the Board.

VOTE FOR CLASS A DIRECTOR
(Indicate choice by X
below)

CANDIDATE

~.
-r,
. , m ,, I T TT
TT
DELMER KUNKLE, HoOSlck i a l l s , N. Y.

President, Jreoplea
Peoples .National
National
President,
B a n k o f Hooskk Falls, N. Y.

VOTE FOR CLASS B DIRECTOR
(Indicate choice by X
below)

CANDIDATE

SAMUEL, V\ . Jt-EYBUBN, .New Y o r k , N . Y .

President, Associated Dry
Goods Corporation of New
York

Note—After execution, please place this ballot in colored envelope, then seal and place the sealed colored envelope in
envelope bearing certificate, seal same and return it in self-addressed envelope.




ALLOT
DIRECTOR'S ELECTION

This Envelope Should Contain Only Ballot in Sealed Colored Envelope
It Will Not Be Opened Until Polls Close
November

, 1927.

Irrtmp Mo. 3

To MR. GATES W. MCGARRAH.

Chairman of the Board,
Federal Reserve Bank of New York.
In accordance with Section 4 of the Federal Reserve Act, 1 hereby certify that my choices
for a Class A director and a Class B director of the Federal Reserve Bank of New York are as
indicated thus (X) in the columns of the ballol scaled herein.
For




(Name of Bank)
Signature of officer designated to vote
(Location of Bank)
Title of Voting Officer




MR. GATES W.

MCGARRAH,

Chairman, Board of Directors,

Federal Reserve Bank of New York
New York, N. Y.