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FED ER AL RESERVE BANK
O F N EW YORK

[

Circular No. 8 3 2
April 19, 1978

3*1

J

Result of Election of Class A Director
For Unexpired Portion of Term Ending December 31, 1978

To the Member Banks of the Second Federal Reserve District:

The election of a class A director of this Bank for the unexpired portion
of the term ending December 31, 1978, to fill the vacancy caused by the resigna­
tion from that office of H arry J. T aw , has been duly held in accordance with
the requirements of section 4 of the Federal Reserve Act, as amended, and the
provisions of Circular No. 8282, dated February 23, 1978.
The result of the election is as follows:
James W helden , President, Balls ton Spa National Bank, Ballston Spa,

N. Y., was elected by member banks in Group 3 as a class A director of this
Bank to hold office for the unexpired portion of the term ending December
31, 1978.




R obert H. K night ,

Chairman of the Board.