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L F E D E R A L R E S E R V E B A N K O F S T . L O U IS ST. L O U I S 2 , M IS S O U R I December 30, 1957 To a l l B a n k s in t h e E ig h th F e d e r a l R e s e r v e D is tr ic t: The Board of Governors of the Federal Reserve System has announced the following appoint ment s and designations: Federal Reserve Bank of St. Louis M r . P i e r r e B . M c B r i d e , President Porcelain M etals Corporation Louisville, K entucky Redesignated Chairman of the Board and Federal Reserve Agent for the year 1958. M r. Appointed D eputy Chairm an of the Board for the year 1958. M r. J e s s e D. W o o t e n , Executive Vice President Mid-South Chemical Corporation Memphis, Tennessee Appointed Class C director for a three-year term beginning January 1, 1958. J. H. L o n g w e l l , Director Division of Agricultural Sciences U niversity of Missouri Columbia, Missouri Little Rock Branch M r . R o b e r t 11. A l e x a n d e r Scott, A r k a n s a s E. T i l l e r , President Tiller Tie & Lum ber Company Little Rock, Arkansas M r . W a ld o Louisville Branch M r . P h i l i p D a v i d s o n , President University of Louisville Louisville, K entucky Appointed director for a three-year term begin ning January 1, 1958. Appointed director, effective January 1, 1958, for the unexpired portion of a term ending December 31, 1958. Reappointed director for a three-year term beginning January 1, 1958. The Board of Directors of the Federal Reserve Bank of St. Louis has made the following appointments: Little Rock Branch M r . E. C. B e n t o n , President Fordyce B a n k and T ru st Company Fordyce, Arkansas M r . J. \Y . B e l l a m y , J r ., P r e s id e n t N ational Bank of Commerce of Pine Bluff Pine Bluff, Arkansas Reappointed director for a three-year term beginning January 1, 1958. Appointed director for a beginning January 1, 1958. three-year term Louisville Branch President State Bank of H ardinsburg H ardinsburg, Indiana Reappointed director for a three-year term beginning January 1, 1958. G. R u s s e l l , President The Peoples l'irst National Bank & T ru st Com pany of Paducah Paducah, K entucky Appointed director for a beginning January 1, 1958. M r . \Y . S c o t t M c I n t o s h , M r. John Memphis Branch 3VIr. J o h n E. B r o w n , President Union Planters National Bank of Memphis Memphis, Tennessee M r . S im p s o n R u s s e l l , President The N ational Bank of Commerce of Jackson Jackson, Tennessee Member of Federal Advisory Council M r . W i l l i a m A. M c D o n n e l l Chairm an of the Board F irst N ational Bank in St. Louis St. Louis, Missouri three-year term Reappointed director for a three-year term beginning January 1, 1958. Appointed director for a beginning January 1, 1958. three-year term Appointed member of the Federal Advisory Council to represent the Eighth Federal Reserve District for the year 1958. DELOS C. JO H N S President P r e s s R e le a s e from: F e d e r a l R e s e r v e Ba nk o f St. L o u i s St. L o u i s , M i s s o u r i \ F O R R E L E A S E - M OR N IN G P A P E R S , M O N D A Y , D E C E M B E R 30, 1957 T he B o a r d of G o v e r n o r s of the F e d e r a l R e s e r v e S y s t e m h a s r e d e s i g n a t e d M r . P i e r r e B. M c B r i d e , L o u i s v i l l e , Ky. , C h a i r m a n of the B o a r d of the F e d e r a l R e s e r v e Bank of St. L o u i s and F e d e r a l R e s e r v e A g e n t at the bank f o r the y e a r 1958. M r . M c B r i d e i s P r e s i d e n t o f P o r c e l a i n M e t a l s C o r p o r a t i o n , L o u i s v i l l e , Ky. He w a s a p p o i n t e d a C l a s s C d i r e c t o r of the bank in J a n u a r y 1957 and d e s i g n a t e d C h a i r m a n and F e d e r a l R e s e r v e A g e n t f o r that y e a r . D u r i n g the s i x y e a r s i m m e d i a t e l y p r e c e d i n g h is a p p o i n t m e n t to the St. L o u i s B o a r d , M r . M c B r i d e s e r v e d a s a d i r e c t o r of the L o u i s v i l l e B r a n c h of the F e d e r a l R e s e r v e Bank of St . L o u i s . M r . J. H. L o n g w e l l , C o l u m b i a , M o . , h a s b e e n a p p o i n t e d by the B o a r d of G o v e r n o r s a s D e p u t y C h a i r m a n o f the B o a r d of D i r e c t o r s of the F e d e r a l R e s e r v e Bank of St. L o u i s f o r the y e a r 1 9 5 8 . M r . L o n g w e l l , a C l a s s C d i r e c t o r of the bank s i n c e J a n u a r y 1957, i s D i r e c t o r o f the D i v i s i o n of A g r i c u l t u r a l S c i e n c e s at the U n i v e r s i t y of M i s s o u r i . T h e B o a r d of G o v e r n o r s h a s a l s o a p p o i n t e d M r , J e s s e D. W o o te n , o f M e m p h i s , T e n n . , a C l a s s C d i r e c t o r of the bank f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 19 58. M r . Wo ote n i s E x e c u t i v e V i c e P r e s i d e n t of the M i d - S o u t h C h e m i c a l C o r p o r a t io n in M e m p h i s . A s a d i r e c t o r of the bank h e s u c c e e d s M r . J o s e p h H. M o o r e , C h a r l e s t o n , M o . , w h o s e t e r m e x p i r e s the e n d of t h i s y e a r . T he f o l l o w i n g a p p o i n t m e n t s to the B o a r d s of D i r e c t o r s of th e b r a n c h e s of the F e d e r a l R e s e r v e B a n k of St . L o u i s h a v e b e e n m a d e : A p p o i n t e d by the B o a r d of G o v e r n o r s , W a s h i n g t o n , D. C. : M r . R o b e r t H. A l e x a n d e r , F a r m e r , S c o t t , A r k . , a p p o i n t e d a s a m e m b e r of the L i t t l e R o c k B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 195 8. M r . Waldo E . T i l l e r , P r e s i d e n t , T i l l e r T i e & L u m b e r C o m p a n y , L i t t l e R o c k , A r k . , a p p o i n t e d a s a m e m b e r of the L i t t l e R o c k B r a n c h B o a r d e f f e c t i v e J a n u a r y 1, 1958 f o r th e u n e x p i r e d p o r t i o n of a t e r m e n d i n g D e c e m b e r 31, 1 95 8. M r . P h i l i p D a v i d s o n , P r e s i d e n t , U n i v e r s i t y o f L o u i s v i l l e , L o u i s v i l l e , Ky. , r e a p p o i n t e d a s a m e m b e r of th e L o u i s v i l l e B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 9 5 8 . -m ore- L P ?,f,R \’ C f T i l l i t S - R M - P r e s s R e le a s e from: j F e d e r a l R e s e r v e Bank of St. L o u i s (For r ele a se-m o rn in g papers 12/30/57) t't f W BWK Of CliftWW Page 2, A p p o i n t e d by th e B o a r d o f D i r e c t o r s o f the F e d e r a l R e s e r v e Ba nk of S t . L o u i s : M r . E. C. B e n t o n , P r e s i d e n t , F o r d y c e B an k and T r u s t C o m p a n y , F o r d y c e , A r k . , r e a p p o i n t e d a s a m e m b e r of the L i t t l e R o c k B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 958. M r . J . W. B e l l a m y , J r . , P r e s i d e n t , N a t i o n a l Bank of C o m m e r c e of P i n e Bl uff , P i n e B lu ff , A r k . , a p p o i n t e d a s a m e m b e r of the L i t t l e R o c k B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 9 5 8 . M r . W. S c o t t M c I n t o s h , P r e s i d e n t , S t a t e Bank of H a r d i n s b u r g , H a r d i n s b u r g , Ind. , r e a p p o i n t e d a s a m e m b e r of the L o u i s v i l l e B r a n c h B o a r d f o r a t h r e e y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 9 5 8 . M r . J o h n G. R u s s e l l , P r e s i d e n t , The P e o p l e s F i r s t N a t i o n a l B an k & T r u s t C o m p a n y of P a d u c a h , P a d u c a h , Ky. , a p p o i n t e d a s a m e m b e r o f the L o u i s v i l l e B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 9 5 8 . M r . J o h n E . B r o w n , P r e s i d e n t , Uni on P l a n t e r s N a t i o n a l Bank o f M e m p h i s , M e m p h i s , T e n n . , r e a p p o i n t e d a s a m e m b e r of t h e M e m p h i s B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 1 95 8. M r . S i m p s o n R u s s e l l , P r e s i d e n t , T he N a t i o n a l Bank of C o m m e r c e of J a c k s o n , J a c k s o n , T e n n . , a p p o i n t e d a s a m e m b e r o f the M e m p h i s B r a n c h B o a r d f o r a t h r e e - y e a r t e r m b e g i n n i n g J a n u a r y 1, 19 58. T h e B o a r d o f D i r e c t o r s of the F e d e r a l R e s e r v e Bank c o n s i s t s o f n i n e m e m b e r s , s i x o f w h o m ( C l a s s e s A and B) a r e c h o s e n by the m e m b e r b a n k s an d t h r e e ( C l a s s C) by th e B o a r d of G o v e r n o r s i n W a s h i n g t o n . E a c h b r a n c h h a s s e v e n d i r e c t o r s , f o u r o f w h o m a r e a p p o i n t e d by t h e B o a r d of D i r e c t o r s of t h e F e d e r a l R e s e r v e B a nk and t h r e e by t h e B o a r d o f G o v e r n o r s . M r . W i l l i a m A . M c D o n n e l l , C h a i r m a n of the B o a r d , F i r s t N a t i o n a l B ank i n St. L o u i s , St. L o u i s , M o . , w a s a p p o i n t e d a m e m b e r of t h e F e d e r a l A d v i s o r y C o u n c i l to r e p r e s e n t t h e E i g h t h F e d e r a l R e s e r v e D i s t r i c t f o r the y e a r 1 9 5 8 . M r . M c D o n n e l l s e r v e d a s a d i r e c t o r of th e F e d e r a l R e s e r v e Bank o f St. L o u i s f r o m 1951 t h r o u g h 1956, and a s a d i r e c t o r of the L i t t l e R o c k B r a n c h f r o m 194 4 t h r o u g h 1 9 4 6 . -end-
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