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FEDERAL RESERVE BANK
OF NEW YORK

[

Circular No. 9977
December 27, 1985

1

J

Result of Election of Class B D irector

To the Member Banks of the
Second Federal Reserve District:
The election of a director to succeed W i l l i a m S. C o o k , class B director,
whose term expires on December 31, 1985, has been duly held in accordance with
the requirements of section 4 of the Federal Reserve Act, as amended, and the pro­
visions of Circular No. 9950, dated November 14, 1985.
The result of the election is as follows:
R i c h a r d L . G e l b , Chairman and Chief Executive Officer, Bristol-Myers
Company, New York, N.Y., was elected by member banks in Group 1 as a class B
director of this Bank for a term of three years beginning January 1, 1986.

Jo h n B r a d e m a s ,

Chairman o f the Board.