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FED ER A L RESERVE BANK O F NEW YORK Circular No. 8497 January 16,1979 Buffalo Branch Directors To the Member Banks o f the Second Federal Reserve District: The Board o f Directors o f this Bank has designated F r e d e r i c k D. B e r k e l e y as Chairman o f the Board o f this Bank’s Buffalo Branch for the year 1979. Mr. Berkeley, who is Chairman o f the Board and President o f Graham M anufacturing Co., Inc., Batavia, N .Y., has been a director o f the Branch since February 1977. The Board o f this Bank has reappointed R o b e r t J. D o n o u g h a director o f the Buffalo Branch for a three-year term beginning January 1, 1979. Mr. D onough, who is President o f Liberty National Bank and Trust Com pany, Buffalo, N .Y., has been serving as a director o f the Branch since September 1978 for the unexpired portion o f a term ending D ecem ber 31, 1978. The Board o f Governors o f the Federal Reserve System has appointed J o h n R o l l in s B u r w e l l a director o f the Buffalo Branch for the unexpired portion o f a three-year term ending D ecem ber 31, 1980. Mr. Burwell is President Rochester, N.Y. On the Branch President o f Rochester Institute a director o f the Branch. Mr. Branch since January 1975 and 1977. of Rollins Container Corp., Board, he succeeds P a u l A. M i l l e r , o f Technology, who has resigned as M iller has been a director o f the served as Chairman o f the Board in The Board o f Governors has also appointed G e o r g e L. W e s s e l a director o f the Buffalo Branch for a three-year term beginning January 1, 1979. Mr. Wessel is President o f the Buffalo A F L-C IO Council. On the Branch Board, he succeeds D o n a l d R. N e s b i t t , Sr., owner and operator o f Silver Creek Farms, A lbion, N .Y., who has been a director o f the Branch since January 1973 and served as Chairman o f the Branch Board in 1975 and 1978. Paul A. Volcker, President.