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FEDERAL RESERVE BANK OF N EW YORK r Circular No. 9 2 2 0 h Decem ber 2 9 , 1981 ~l -* Election of Class A Director (By member banks classified in Group 3 on December 1,1981, that is, member banks with capital and surplus of less than $6,500,000, on that date) To the Member Banks of the Second Federal Reserve District: In accordance with the provisions of section 4 of the Federal Reserve Act, as amended, and Circular No. 9199, dated December 1, 1981, on the nomination of a class A director of this Bank for the term ending December 31, 1984, there is shown on the following pages the names of the candidates nominated for such office, and by whom nominated. To each member bank classified in Group 3 on December 1, 1981, except those member banks that are subsidiaries of multibank holding companies and have not been designated to participate in this election,® the following are being sent with this circular: (a) Ballot for use in voting for candidate for class A director. (b) Pink ballot envelope in which the ballot is to be sealed. (c) Certificate envelope bearing on its face the certificate in regard to the vote. (d) Addressed envelope in which all of the foregoing should be returned to me. The ballot and the certificate on the certificate envelope must be executed by an officer who has been authorized to cast the vote. A list of the officers designated for this purpose by the member banks in Group 3 was contained in the above-mentioned circular dated December 1, 1981, and a similar list revised to date is contained herein. In order that the ballot may be secret, the name of the bank and the name and title of the voting officer should not be written on the ballot, but should be written only on the certificate envelope. ( 1) The ballot should be marked. (2) The marked ballot should be placed in the pink ballot envelope and that envelope sealed. (3) Then the sealed pink ballot envelope should be placed within the certificate envelope, and the certificate envelope should be sealed and the certificate thereon executed. (4) Then the certificate envelope containing the sealed pink ballot envelope should be returned to me in the enclosed addressed envelope. The law provides that the ballot shall be cast within 15 days after receipt of the list of candidates transmitted herewith. The polls will open at 10 a.m., December 30, 1981, and will close at 12 noon on Thursday, January 14, 1982, and in order to be counted as valid the ballot must be received by me at or before the latter time. Upon the closing of the polls 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 checked by tellers, and the result of the election announced. The candidates may, if they so desire, be present or repre sented on this occasion. Because banks in Groups 1 and 2 will not vote in this election, this circular is sent to them without forms and for their information only. R obert H. Knight, Chairman of the Board. ° As indicated in Circular No. 9194, dated December 1, 1981, section 4 of the Federal Reserve Act, as amended, pro vides that whenever any member banks within the same Federal Reserve District are subsidiaries of the same bank holding company within the meaning of the Bank Holding Company Act of 1956, participation in the nomination or election of directors of Federal Reserve Banks by such member banks, including such bank holding company if it is also a member bank, shall be confined to one of such banks, which may be designated for the purpose by such holding company. Consequently, the bahot of any Group 3 bank that is a subsidiary of a multibank holding company cannot be counted as valid unless there is on file with me evidence that such bank has been so designated. Candidates for Class A Director JOSEPH P. JORDAN President The Fishkill National Bank, Beacon, N. Y. Joseph P. Jordan was born in Greenville, South Carolina, on May 19, 1937. He received a bachelors degree from Columbia University in 1959 and attended the New York University Graduate School of Busi ness Administration. From 1963 to 1969, Mr. Jordan was an assistant vice president with Chemical Bank. He joined First Merchants National Bank in Neptune, New Jersey, in 1969 and served as senior vice president there until 1978. He became president and chief executive officer of The Fishkill National Bank in 1979. Nominated by the following member banks in Group 3 NEW YORK Place Beacon Name of Bank or Trust Company The Fishkill National Bank 2 Candidates for Class A Director (Continued) ROBERT A. ROUGH President The National Bank of Sussex County, Branchville, N. J. R obert A. R ough was born in New York City on May 9, 1939. He received a B.S. degree in economics from Villanova University in 1961. Mr. Rough began his banking career as a bank examiner with the Federal Reserve Bank of New York. In 1965 he joined the National Bank of New Jersey as an auditor. He was employed as vice president of The National Bank of Sussex County in 1969. He was appointed chief executive officer, executive vice president in charge of the investment and loan portfolios and the bank’s money position, and a director in April 1972. He became president of the bank in April 1978. His civic and professional activities include membership on the executive committees of the New Jersey Bankers Association, the Commercial Bankers Association of New Jersey, and the Branchville Businessmens Club. He served on the executive committee of the Community Bankers Division of the American Bankers Association for four years. Mr. Rough was a member of the Sussex County Economic Development Com mission and has served as president of the Sussex County Bankers Association and chairman of the DirectorManagement Conference of the New Jersey Bankers Association. In addition, he taught at the American Institute of Banking. Nominated by the following member banks in Group 3 NEW JERSEY Place Blairstown Kearny Name of Bank or Trust Company The First National Bank of Blairstown The First National Bank and Trust Company of Kearny NEW YORK Addison Ballston Spa Canojoharie East Hampton Gloversville Hermon Kinderhook Middletown Oneida Scotia Spencer Tupper Lake Willsboro Yonkers Community National Bank Ballston Spa National Bank Central National Bank, Canojoharie The Bank of the Hamptons, N.A. The Fulton County National Bank and Trust Company The First National Bank of Hermon The National Union Bank of Kinderhook Orange County Trust Company The Oneida Valley National Bank of Oneida First National Bank of Scotia Tioga State Bank The Tupper Lake National Bank Essex County-Champlain National Bank, Willsboro Hudson Valley National Bank 3 Candidates for Class A Director (Continued) SPENCER B. WITTY Chairman of the Board The Merchants Bank of New York, New York, N. Y. Spencer B. W itty was born in New York City on March 23, 1914. He was graduated from the Columbia Grammar Preparatory School in 1932 and has attended the New York University School of Retailing and Marketing and the State Institute of Applied Agriculture of Long Island. Mr. Witty worked in his family’s business in the clothing industry (Witty Brothers) until it was sold in 1960. During that period of time he joined The Merchants Bank of New York, assisting in its new business and marketing efforts. In 1967 he became a director of the bank. He was appointed vice chairman of the board in 1972 and chairman in 1976. His outside interests include the serious study of horticulture. He was park Village of Woodsburgh, N.Y., and served as mayor of the village for 11 years. (He local elected public office since 1969.) In addition, Mr. Witty has served on the the United Fund (Red Feather) of The Five Towns, Nassau County, and was a treasurer of the National Epilepsy Foundation. commissioner for the has been retired from board of directors of founder and the first Nominated by the following member banks in Group 3 NEW YORK Place Name of Bank or Trust Company New York City The Merchants Bank of New York Election of Class A Director For Term of Office Ending December 31, 1984 List of 155 Member Banks in Group 3 (G roup 3 consists o f m em ber banks with capital and surplus o f less than $ 6 ,5 0 0 ,0 0 0 , on Decem ber 1, 1 9 8 1 .) CONNECTICUT Place Fairfield Name of Bank or Trust Company Officers Authorized to Cast Vote Citizen’s National Bank of F a irfie ld ...............................President, any Vice President, or Cashier NEW JERSEY Annandale Hunterdon County Trust C om pany..................................... Bayonne The Broadway National Bank of Bayonne . . . . President, any Vice President, or Cashier Belleville Peoples Bank, N.A................................................................. President, any Vice President, or Cashier Belvidere The F irst National Bank of B elvidere.............................. President, any Vice President, or Cashier Blairstown The F irst National Bank of B la irsto w n ........................ President, any Vice President, or Cashier Branch ville The National Bank of Sussex C o u n ty .............................. President, any Vice President, or Cashier Colonia F irst Bank of C o lo n ia ....................................................... President, any Vice President, or Secretary President, any Vice President, Treasurer, or Assistant Treasurer Cranbury Midlantic National B a n k /C r a n b u r y .............................. President, any Vice President, or Cashier Denville Township Peoples National Bank of North J e r s e y ........................ President, any Vice President, or Cashier Elizabeth City Trust Services, National Association Chairman of the Board, President, any Vice President, or Cashier . . . . Englewood Cliffs The Edgewater National B a n k ........................................... President, any Vice President, or Cashier Flemington The Flemington National Bank and Trust Company . F ort Lee F irst National Bank in F ort L e e ..................................... President, any Vice President, or Cashier Franklin Lakes Urban National Bank . . . . ......................... President, any Vice President, or Cashier Gladstone Peapack-Gladstone B a n k ....................................................... President, any Vice President, or Cashier Hillsborough The Hillsborough National B a n k ..................................... President, any Vice President, or Cashier Hillsdale Liberty National B a n k ....................................................... President, any Vice President, or Cashier Hope The F irst National Bank of H o p e ..................................... President, any Vice President, or Cashier Kearny The F irst National Bank and Trust Company of Kearny Chairman of the Board, President, any Vice President, or Cashier Livingston Livingston National B a n k ...........................................: Man ville The Man ville National B a n k ........................................... President, any Vice President, or Cashier Maplewood The Maplewood Bank and Trust Company . . . . President, any Vice President, or Cashier President, any Vice President, or Cashier President, any Vice President, Cashier, Treasurer, or Secretary GROUP 3 NEW JERSEY ( Continued) Place Name of Bank or Trust Company Officers Authorized to Cast Vote Maywood Community Bank of Bergen County, N. J ...................... President, any Vice President, or Cashier Montgomery Township The Montgomery National B a n k .....................................President, any Vice President, or Cashier Morristown Fidelity Union Trust Company, National Association Chairman of the Board, President, any Vice President, or Cashier Newark Broad National B a n k ....................................................... President, any Vice President, Cashier, or Assistant Cashier Newark City National Bank of New J e r s e y ...............................Chairman of the Board, President, or Cashier Newark Security National Bank of New J e r s e y .........................Chairman of the Board, President, any Vice President, or Cashier Newton Midlantic National Bank/Sussex & Merchants . . . President, any Vice President, or Cashier North Bergen Meadowlands National B a n k ........................................... President, any Vice President, or Cashier Passaic Jefferson National B a n k ................................................................................................................................... Perth Amboy The F irst Jersey National B a n k /C e n tra l................President, Phillipsburg The Phillipsburg National Bank and any Vice President, or Cashier Trust Company President, any Vice President, or Cashier Piscataway The Peoples National Bank of Central Jersey . . . President, any Vice President, or Cashier Succasunna F irst National State Bank of Northwest Jersey . . . Cashier Union The Union Center National B a n k ............................ President, any Vice President, or Cashier Union City Pan American National B a n k .................................. President, any Vice President, or Cashier Wood Ridge The Wood Ridge National B a n k ............................President, any Vice President, or Cashier NEW YORK Addison Community National B a n k ................................................. President, any Vice President, or Cashier Albany Union National B a n k ....................................................... President, any Vice President, or Cashier Alden Alden State B a n k ................................................................... President, any Vice President, or Cashier Arnenia The F irst National- Bank of A m e n ia ............................... President, any Vice President, or Cashier Angola The Evans National Bank of A n g o la ............................... President, any Vice President, or Cashier Atlanta A tlanta National B a n k ....................................................... President, any Vice President, or Cashier Avoca Bank of A v o c a ............................................................. ..... President, any Vice President, or Cashier Ballston Spa Ballston Spa National B a n k ........................................... President, any Vice President, or Cashier Bath The Bath National B a n k ................................................. President, any Vice President, or Cashier Beacon The Fishkill National B a n k ................................................. President, any Vice President, or Cashier Bridgehampton The Bridgehampton National B a n k ............................... President, any Vice President, or Cashier Callicoon United National B a n k ....................................................... President, any Vice President, or Cashier President, any Vice President, or Cashier Canajoharie Central National Bank, C a n a jo h a rie ............................... Canandaigua The Canandaigua National Bank and Trust Company . President, any Vice President, or Cashier Canisteo F irst State Bank, Canisteo, N. Y......................................... President, any Vice President, Cashier, or Assistant Cashier 6 GKOUP 3 NEW YORK ( Continued) P la c e Canton Name of Bank or Trust Company Officers Authorized to Cast Vote The St. Lawrence National B a n k ..................................... President, any Vice President, or Cashier Carmel The Putnam County National Bank of Carmel . President, any Vice President, or Cashier Cattaraugus Bank of C a tta ra u g u s............................................................. President, any Vice President, or Cashier Chester Key Bank of Southeastern New York, N.A....................... President, any Vice President, or Cashier Clifton Springs The Ontario National Bank of Clifton Springs . President, any Vice President, or Cashier Clinton Hayes National B a n k ....................................................... President, any Vice President, or Cashier Cortland F irst National Bank of C o rtla n d ..................................... Chairman of the Board, President, any Vice President, or Cashier Coxsackie The National Bank of C oxsackie..................................... President, or any Vice President Delhi The Delaware National Bank of D e lh i............................... President, any Vice President, or Cashier Downsville The F irst National Bank of D ow nsville......................... President, any Vice President, or Cashier Dryden The F irst National Bank of D ry d e n ............................... President, any Vice President, or Cashier Dundee Dundee State B a n k ............................................................. President, or Cashier East Hampton The Bank of the Hamptons, N.A........................................ President, or Cashier East Islip Bank of Long Island, National Association . . . . President, or Cashier Ellenville !Ellenville National B a n k ................................................. President, any Vice President, or Cashier Endicott Endicott Trust C o m p a n y ................................................. President, any Vice President, or Treasurer Fleischmanns Deak National B a n k ............................................................. President, any Vice President, or Cashier Florida The National Bank of F lo r id a ........................................... President, any Vice President, or Cashier Geneva The National Bank of G en e v a..................................... Glen Head The F irst National Bank of Long I s la n d ......................... President, any Vice President, or Cashier Glens Falls Glens Falls National Bank and Trust Company . President, any Vice President, or Cashier Gloversville City National Bank and Trust Company of Gloversville President, any Vice President, or Cashier . President, any Vice President, or Cashier Gloversville The Fulton County National Bank and Trust Company Cashier Groton The F irst National Bank of G ro to n ............................... President, any Vice President, or Cashier Hammond The Citizens National Bank of H am m ond........................ President, any Vice President, or Cashier Hancock The F irst National Bank of H an c o ck ............................... President, any Vice President, or Cashier Hempstead Guardian Bank, N.A................................................................ Chairman of the Board, President, any Vice President, or Cashier Hermon The F irst National Bank of H e rm o n ............................... President, any Vice President, or Cashier Highland The F irst National Bank of H ig h la n d ............................... President, any Vice President, or Cashier Holland Bank of H o lla n d ................................................................... President, any Vice President, or Cashier Jeffersonville The F irst National Bank of Jeffersonville . . . . President, any Vice President, or Cashier Keeseville The Keeseville National B a n k ........................................... President, any Vice President, Cashier, or Assistant Cashier Kinderhook The National Union Bank of K inderhook........................ President, any Vice President, or Cashier Kingston The Rondout National B ank................................................. President, any Vice President, or Cashier La Fargeville Jefferson National B a n k ....................................................... President, any Vice President, or Cashier Liberty The Sullivan County National Bank of Liberty . President, any Vice President, or Cashier Lisbon The F irst National Bank of L i s b o n ............................... President, any Vice President, or Cashier 7 GKOUP 3 NEW YORK ( Continued) Name of Bank or Trust Company Place Officers Authorized to Cast Vote Lyons The Lyons National B a n k ......................... President, any Vice President, or Cashier Lyons Falls The Lyons Falls National Bank . . . . President, any Vice President, or Cashier Mahopac The Mahopac National Bank . . . . Chairman of the Board, President, any Vice President, or Cashier Malone The Citizens National Bank of Malone . President, any Vice President, or Cashier Malone Farmers National Bank of Malone . President, any Vice President, or Cashier Middletown Orange County Trust Company . . . . President, any Vice President, or Secretary Millbrook Bank of M il lb r o o k ..................................... President, any Vice President, or Cashier Moravia The F irst National Bank of Moravia . President, or any Vice President President, any Vice President, or Cashier Nanuet Nanuet National B a n k ............................... New York City (see page 7) Newburgh The Columbus Trust Company . . . . President, or any Vice President Newburgh Highland National Bank of Newburgh . President, any Vice President, or Cashier Nichols The Nichols National B a n k ......................... President, any Vice President, or Cashier Norfolk The F irst National Bank of Norfolk . President, any Vice President, or Cashier North Tarrytown The F irst National Bank of North Tarrytown . President, or Cashier Odessa Finger Lakes National Bank . ............................... President, any Vice President, or Cashier Olean Manufacturers Hanover Trust Company/Westem, National A s s o c ia tio n ....................................................... President, any Vice President, or Cashier Oneida The Oneida Valley National Bank of Oneida . Chairman of the Board, President, any Vice President, or Cashier . Oneonta Wilber National B a n k ....................................................... President, any Vice President, or Cashier Ovid The F irst National Bank of O v id ..................................... President, any Vice President, or Cashier Owego The Owego National B a n k ................................................. President, any Vice President, or Cashier Oxford The National Bank of O x fo rd ........................................... President, any Vice President, or Cashier Pawling The National Bank of P a w lin g ........................................... President, any Vice President, Cashier, or Assistant Cashier Pine Plains The Stissing National Bank of Pine Plains . President, any Vice President, or Cashier Poughkeepsie Dutchess Bank & Trust C o m p an y ..................................... President, any Vice President, or Secretary Ramapo Peoples National Bank of Rockland County . . . . President, any Vice President, or Cashier Bed Hook The F irst National Bank of Red H o o k ........................ President, any Vice President, or Cashier Redwood The Redwood National B a n k ........................................... President, any Vice President, or Cashier Rhinebeck The F irst National Bank of R h in eb e ck ........................ President, any Vice President, or Cashier Riverhead The Suffolk County National Bank of Riverhead President Rochester F irst National Bank of R o c h ester..................................... President, any Vice President, or Cashier Roxbury The National Bank of R o x b u ry ........................................... President, any Vice President, or Cashier Salamanca Salamanca Trust C o m p an y ................................................. President, any Vice President, Cashier, or Secretary-Treasurer Saratoga Springs The Adirondack Trust C o m p a n y .....................................President, any Vice President, or Treasurer Savannah The National Bank of S a v a n n a h ..................................... President, any Vice President, or Cashier 8 GROUP 3 NEW YORK (Continued) Name of Bank or Trust Company Place Officers Authorized to Cast Vote Schenectady The Mohawk National Bank of Schenectady . President, any Vice President, or Cashier Scotia F irst National Bank of Scotia President, any Vice President, or Cashier Smithtown Bank of Smithtown President, any Vice President, or Cashier Solvay Solvay Bank President, any Vice President, or Cashier Spencer Tioga State Bank President, any Vice President, Cashier, or Assistant Cashier Stamford The National Bank of Stamford . . . . President, any Vice President, or Cashier Tupper Lake The Tupper Lake National Bank . . . . President, any Vice President, or Cashier Union Springs Cayuga Lake National B a n k ........................ President, any Vice President, or Cashier Vernon The National Bank of V e rn o n ......................... President, any Vice President, or Cashier Walton The National Bank of Delaware County, Walton . President, any Vice President, or Cashier Waterloo F irst National Bank of W a te rlo o ............................... President, any Vice President, or Cashier Watertown Seaway National B a n k ................................................. President, any Vice President, or Cashier Wayland The F irst National Bank of W a y la n d ......................... President, any Vice President, or Cashier Wellsville Key Bank of Western New York, N.A...................... President, any Vice President, or Cashier Willsboro Essex County-Champlain National Bank, Willsboro . President, any Vice President, or Cashier Yonkers Hudson Valley National B a n k ..................................... President, any Vice President, or Cashier NEW YORK CITY M an h a tta n BankAmerica Securities Service Company of New York (A Limited Purpose Trust C o m p an y )......................... Bessemer Trust Company, N.A............................................ President, any Senior Vice President, any Vice President, or Secretary Bradford Trust C o m p a n y ................................................. Chairman of the Board, President, any Vice President, or Cashier Capital National Bank of New Y o r k ............................... Chairman of the Board, President, any Vice President, or Cashier Central National Bank of New Y o r k .............................. The Depository Trust C om pany........................................... Chairman of the Board Freedom National Bank of New Y o r k .............................. President, any Vice President, or Cashier Golden Pacific National B a n k ........................................... Chairman of the Board, President, any Vice President, or Cashier Gotham Bank of New Y o r k ................................................. H artford Trust Company of New York (A Limited Purpose Trust C o m p a n y )................................................. President, any Vice President, Treasurer, or Secretary The Merchants Bank of New Y o r k ..................................... President, any Vice President, Cashier, or Assistant Cashier Northwestern Trust Company (A Limited Purpose Trust C o m p a n y ) ......................................................................... President, any Vice President, Treasurer, or Cashier een s Flushing National B a n k ....................................................... President, any Vice President, or Cashier taten Gateway State B a n k ............................................................. Chairman of the Board, President, or any Vice President Qu S I sla n d 9 FEDERAL RESERVE BANK OF NEW YORK Ballot Group No. 3 December 29, 1981 This ballot and the certificate on the certificate envelope must be executed by an officer who has been authorized to cast the vote and whose designation has been duly certified to me. The polls will open at 10 a.m. on December 30, 1981, and will close at 12 noon on Thursday, January 14, 1982. This ballot must be returned so as to reach me before the latter time. Failure to observe instructions will invalidate this ballot. R o b e rt H. K n ig h t , Chairman of the Board V O T E F O R CLASS A D IR E C T O R O F F E D E R A L R E SE R V E BANK O F N E W YORK for te rm of office en d in g D ecem b er 31, 1984 (S ec tio n 4 of th e F e d e ra l Reserve A ct requires th e officer casting a m em ber b a n k ’s vote to in d ic a te “ first, second, a n d o th er choices.” W h ere th e re are th re e c andidates involved an d only first an d second choices are m ad e, th e m em b er b an k w ill b e d eem ed to have in d ic a ted the rem ain in g c an d id ate as its th ird ch o ice.) C a n d id a t e s P. J o r d a n President The Fishkill National Bank Beacon, N. Y. Jo seph A. R o u g h President The National Bank of Sussex County Branchville, N. J. Robert B. W i t t y Chairman of the Board The Merchants Bank of New York New York, N. Y. Spe n c e r (Indicate choices by X b elow ) Second F ir s t T h ird Choice Choice Choice o o o o o o o o o D IR E C T IO N S F O R R E T U R N O F B A LLO T D o not v ote m ore than on e ch oice for any one candidate. M ake second and third, as well as first, choices. 1. M ark this b a llo t to in d icate vote. 2. Place m ark ed b a llo t in th e p in k b allo t envelope a n d seal th a t envelope. 3. Place sealed p in k b a llo t envelope in certificate envelope a n d seal certificate envelope a nd execute certificate thereon. 4. R etu rn sealed an d executed certificate envelope (w ith sealed pink b allot envelope enclosed th e re in ) in envelope ad d ressed to M r . R o b e r t H . K n ig h t , C hairm an, B oard o f D irectors, F e d e ra l R eserve B ank of N ew York, F e d e ra l Reserve P. O . Station, N ew York, N . Y. 10045. for FRASER Digitized s Mr. Robert H. Knight, Chairman, Board of Directors, Federal Reserve Bank of N ew York, Federal Reserve P. O. Station, N ew York, N. Y. 10045 CERTIFIC A TE E N V ELO PE This Envelope Should Contain Only Ballot in Sealed Pink Envelope It Will Not Be Opened Until Polls Close ,1 9 .. Group No. 3 To r . R o b e r t H. K n i g h t , Chairman of the Board, Federal Reserve Bank of New York. In accordance with section 4 of the Federal Reserve Act, as amended, I hereby certify that my vote for a class A director of the Federal Reserve Bank of New York for the term ending December 31, 1984 is as indicated ( by X ) on the ballot sealed herein. M For (N am e of B ank) (Location of Bank) (S ignature of officer d esignated to vote. See list of m em ber banks in G roup 3 in accom panying circular.) ( TITLE of Voting Officer) BALLOT ENVELOPE E l e c t io n of D ir e c t o r s of Federal Reserve Bank of New York The marked preferential ballot should be placed in this envelope, and this envelope should then be sealed and placed in the certificate envelope. December 29, 1981 NOTICE Since your bank is a subsidiary of a bank holding company having more than one bank subsidiary and since this Bank has not yet received evidence that your bank has been designated by such holding company to participate in this year’s election of a class A director of this Bank, the enclosed circular is being sent to you without ballot forms. In order for your bank to so participate, we must receive evidence, before J a n u a r y 14, 1982, that the bank holding company of which your bank is a subsidiary has designated your bank to participate in the election. Such evidence should be in the form of a certified resolution of such action by the directors of the holding company. Upo receipt of such evidence, we will send you ballot forms for participa tion in this year’s election. Federal Reserve Bank of New York
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