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Fe d e r a l R e s e r v e B a n k o f S t. Lo u is P. O. BOX 4 4 2 S t . L o u i s , Mi s s o u r i 6 3 1 6 6 E L E C T IO N O F D IR E C TO R S NO M INATIO N P R O C E D U R E S September 15, 1972 To th e M e m b e r B a n k s o f the E ig h th F e d e ra l R e s e rv e D is t r ic t : An election will be held under the provisions of Section 4 of the Federal Reserve Act to choose successors to the following directors of this bank, whose terms expire December 31, 1972: Class A Director, Cecil W. Cupp, Jr. President Arkansas Bank and Trust Company Hot Springs, Arkansas Class B Director, Edward J. Schnuck Chairman of the Board Schnuck Markets, Inc. Bridgeton, Missouri Mr. Cecil W. Cupp, Jr., Class A Director, was elected by banks in Group 2, and his successor w ill be chosen by the banks in this group. Group 2 consists of banks having capital and surplus of $700,000 and over, but under $2,500,000. Mr. Cupp, who has served as a Class A Director since January 1, 1967, has respect fully requested that his name not be placed in nomination for reelection. Mr. Edward J. Schnuck, who has served as a Class B Director since January 1, 1970, was elected by banks in Group 1, and his successor w ill be chosen by the banks in this group. Group 1 consists of banks having capital and surplus of $2,500,000 and over. The banks comprising Groups 1 and 2 are listed on the following pages. The group in which a member bank will be entitled to vote will be determined by its classification as of the date of this letter, even though its capital and surplus may subse quently change prior to the date of the election. Each bank in Group 1 is permitted to nominate one candidate for Class B Director and each bank in Group 2 is permitted to nominate one candidate for Class A Director.* Th e nominations must be made by resolution of the Board of Directors and certified to me on or before October 13, 1972. A form for this purpose is enclosed. On October 20, 1972, a list of the candidates (indicating by whom nominated) and a preferential ballot w ill be mailed to each bank in the voting groups. The ballot must be cast within fifteen days after re ceipt. Th e polls w ill open at 9 a.m. on October 24, 1972, and close at 2 p.m. on November 8, 1972. At that time the ballot box w ill be opened in the Board Room of this bank, the votes counted and results of the election announced. Th e candidates are invited to be present or represented on that occasion. In order to be counted, the ballot must be executed by an officer authorized to cast the vote. If the official signature of the officer, or officers, authorized to cast the ballot has not been filed with this Federal Reserve Bank, such official signature should be filed before the polls close. Inasmuch as the authority conferred on these officers continues until revoked, they need not be reappointed. Each member bank which has not designated an officer, or officers, for the purpose of signing the ballot, or any bank that desires to change its authorization, should do so by resolution of its Board of Directors and certify the appointment to me before the polls close. A form for this purpose w ill be furnished upon request. While the banks in Group 3 w ill not vote in this election, this circular is sent to them without forms for their information. Very truly yours F R E D E R IC M. P E IR C E Chairman of the Board * Section 4 of the Federal Reserve Act contains the following provisions: "C la s s A shall consist of three members, who shall be chosen by and be rep resentative of the stockholding banks." "N o officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director." "A n y person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director." "C la s s B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit." "N o director of Class B shall be an officer, director, or employee of any bank." "N o Senator or Rep resentative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or adirec*or of a Federal reserve bank." In a resolution adopted December 23, 1915, the Federal Reserve Board expressed the opinion "that persons holding political or public office in the service of the United States, or of any State, territory, county, district, politi cal subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying prin ciples of the Federal Reserve Act, serve as directors or officers of Federal Reserve B a n ks." Under interpretations of the Board of Governors of the Federal Reserve System, a person whose sole occupation is that of officer of an insurance company or of a savings and loan association is not eligible for election as a Class B director of a Federal Reserve Bank. —2 — GROUP 1 Consisting of member banks having capital and surplus of $2,500,000 and over. Banks in this group elect one Class B Director CITY NAME OF BANK AR KANSAS VOTINGOFFICER B lyth e ville ..............................The Farmers Bank & Trust C o ....................................................................Chairman, President, Vice President or Cashier El Dorado................................ The First National Bank of E l D orado................................................... Chairman, President, Vice President or Cashier Fort S m ith ..............................The First National Bank of Fort S m ith ................................................... Chairman, President, Vice President or Cashier Fort S m ith ............................. The Merchants National Bank of Fort Smith............................................President, Vice President or Cashier Hot Springs..............................Arkansas Bank and Trust C o m p a n y ..........................................................President, Vice President or Cashier Little R o c k ........................... The Commercial National Bank of Little Rock.......................................President, Executive Vice President, Vice President or Cashier Little R o c k ........................... The First National Bank in Little R o c k ................................................. Chairman, President, Vice President or Cashier Little Rock..............................Union National Bank of Little R o c k ......................................................... Chairman, President, Vice President, Cashier or Secretary Little Rock..............................Worthen Bank & Trust Com pany................................................................. Chairman, President or Vice President North Little R o c k ................ First American National B a n k .................................................................... Chairman, President, Vice President or Cashier Pine Bluff................................ National Bank of Commerce of Pine B lu ff...............................................Chairman, President or Vice President Pine Bluff................................ Simmons First National Bank of Pine B lu ff............................................Chairman, President, Vice President or Cashier T e x a rk a n a ..............................The State First National Bank of Texarkan a ......................................... President, Vice President or Cashier IL L IN O IS A lto n ........................................ First National Bank & Trust Company in A lt o n ..................... B elleville................................ Belleville National Savings Bank................................................ B elleville................................ The First National Bank of B e lle v ille ..................................... East St. L o u i s ......................The Southern Illinois National Bank of East St. L o u is . - . National Stock Yards........... The National Stock Yards National Bank of National City. Chairman, President, Vice President or Cashier Chairman, President, First Vice President or Cashier Chairman, President, Vice President, Cashier or Assistant Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier IN D IA N A Evansville Evansville Evansville Vincennes The The Old The Citizens National Bank of Evansville.............................................Chairman, National C ity Bank of E v a n s v ille .................................................. Chairman, National Bank in E v a n s v ille .............................................................Chairman, American National Bank of Vincennes.......................................... Chairman, President, President, President, President, Vice Vice Vice Vice President President President President orCashier orCashier orCashier orCashier K EN TU C K Y Elizabethtown, Hopkinsville. Louisville . . . Louisvilie . . Louisville ■ • Louisville . . , Louisville • • Owensboro. . Paducah. President orCashier The First-Hardin National Bank of Elizabethtow n............................. Chairman, President, Vice Planters Bank & Trust C o .......................................................................... Chairman, President, Vice President orCashier Citizens Fidelity Bank and Trust Company........................................ Chairman First National Bank of L o u is v ille ...........................................................Chairman, President, Vice President orCashier The Kentucky Trust Com pany.................................................................. Chairman, President, Vice President orCashier Liberty National Bank and Trust Company ofL o u is v ille ................Chairman, President, Vice President orCashier The Louisville Trust C o m p a n y................................................................Chairman, President, Vice Presidentor T reasurer •The Owensboro National Bank................................................................ Chairman, President, Vice President or Cashier .The Peoples First National Bank & Trust Company of Paducah. . President or Vice President MISSISSIPPI Tupelo First Citizens National Bank. Chairman, President, Vice President or Cashier MISSOURI C ITY NAME O F BANK V O TIN G O F F IC E R Clayton . . Columbia • Lem ay. . . St. Louis . St. Louis • St. Louis County National B a n k .............................. Th e Boone County National Bank of Columbia* • • Lemay Bank and Trust C o m p a n y .............................. American National Bank in St. L o u is ...................... Th e Boatmen’s National Bank of St. L o u is ........... St. Louis • First National Bank in St. L o u is .............................. St. Louis . St. Louis . St. Louis . St. Louis • St. Louis . St. Louis . St. Louis . Springfield Lindell Trust Company................................................ Manchester Bank of St. L o u i s ................................... Manufacturers Bank & Trust Company of St. Louis Mercantile Trust Company National Association South Side National Bank in St. L o u is .................... Southwest Bank of St. L o u is ...................................... Tower Grove Bank and Trust Com pany................... Th e Union National Bank of Spring field ................ Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, Vice Chairman, President, Vice President or Cashier Chairman, Vice Chairman, President, v ic e President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President or Vice President Chairman, President or Senior V ice President Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier TE N N E S S E E Memphis................................... The First National Bank of M em phis....................................................... Chairman, President, Vice President or Cashier Memphis................................... National Bank of Commerce................................ President, Vice President or Cashier Memphis................................... Union Planters National Bank of Memphis................................................Chairman, President, Vice President or Cashier -4 - GROUP 2 Consisting of member banks having capital and surplus of $700,000 and over, but under $2,500,000. Banks in this group elect one Class A Director CITY Arkadelphia . Batesville . . Batesville . . Berryvilie . . Blytheville. . Camden . . . . Conway . . . . Crossett. . . . E l Dorado. . . E l Dorado. . . Fayetteville . Fa ye tte ville . Forrest C i t y . Fort Smith . . Harrison. . . . Helena........... Helena........... H o p e .............. H o p e .............. Hot Springs. . Jonesboro.. . Little Rock . Magnolia . . . Malvern . . . . Marianna . . . Newport. . . . Paragould . . R u sse llville . R u sse llville . Searcy........... Stuttgart- •• • West Memphis Wynne ........... NAME OF BANK ARKANSAS E lk Horn Bank and Trust Company........... Th e Citizens Bank........................................ First National B a n k ...................................... The First National Bank of Berryville . . Th e First National Bank in Blytheville . First National Bank of C am den................ The First National Bank of Conway First National Bank of Crossett................ Th e Exchange Bank & Trust Company. . . National Bank of Commerce of E l Dorado The First National Bank of Fayetteville. Mcllroy B ank................................................... First National Bank of Eastern Arkansas The City National Bank of Fort Smith. . . Th e First National Bank in Harrisoa . . . Helena National Bank................................... Phillips National Bank................................ The Citizens National Bank of Hope . - • The First National Bank of Hope.............. First National Bank of Hot Springs........... First National Bank of Jonesboro.............. Metropolitan National B ank........................ First National Bank of M a g n o lia .............. The Malvern National B ank........................ First National Bank at M arianna.............. The First National Bank of Newport. . . . First National Bank of Commerce.............. The Bank of R u s s e llv ille ........................... Peoples Bank and Trust C o m pany........... First National Bank ................................... First National Bank in Stuttgart................ Fidelity National Bank of West Memphis. The First National Bank of W ynne........... VOTINGOFFICER Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President President or Cashier Chairman, President, Vice President or Cashier Vice President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President IL L IN O IS Carbondale. . . Central ia Central ia C h e ste r........... Columbia . . . . DuQuoin East St. Louis East St. Louis Edwardsvillei . Edwardsville . Effingham . . . First National Bank in Carbondale........................ First National Bank and Trust Com pany.............. The Old National Bank of C entralia ..................... Buena Vista National Bank of C h ester................ Monroe National Bank of Columbia........................ DuQuoin State Bank................................................... First National Bank at East St. L o u is ................ Union National Bank of East St. L o u is ................ The Bank of Edwardsville........................................ Edwardsville National Bank and Trust Company Effingham State Bank................................................ Effingham . . . Fairfield Granite C i t y . . Harrisburg • • • The First National Bank of Effingham ................ The Fairfield National B a n k ................................... First-Granite C ity National Bank........................... The Harrisburg National B a n k ................................ - 5- Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier President Chairman, President, Vice President, Cashier or Assistant Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President or Cashier Chairman, President, Vice President or Cashier IL L IN O IS (C ontinued) C ITY NAME OF BANK V O TIN G O F F IC E R Highland................................... The First National Bank of Highland. . Hillsboro...................................Th e Hillsboro National Bank.................... Ja c k s o n v ille ........................... Elliott State B a n k ....................................... Murphysboro...............................The C ity National Bank of Murphysboro Newton.......................................The First National Bank in Newton . . . O ’ F a llo n .................................... Th e First National Bank of O ’ F a l.o n . . P itts fie ld ................................. The First National Bank of Pittsfield . R o b in s o n ................................. The Second National Bank of Robinson Salem ........................................ Th e Salem National B a n k ......................... Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Cashier Chairman, President, Vice President, Vice President, or Assistant Cashier Chairman, President, Vice Chairman, President, Vice S te e le v ille ..............................First National Bank of Steeleville. . . . Wood R iv e r ..............................The First National Bank of Wood River President President President President President President or or or or or or Cashier Cashier Cashier Cashier Cashier Cashier President or Cashier Cashier President or Cashier President or Cashier IN D IA N A Bedford. Bedford. Bedford. . . . Bloomfield. . Boonville . . Charlestown , French Lick HuntingburgMadison Mount Vernon, New Albany. Orleans........... Petersburg • Princeton . . , Seymour. T e ll C ity . . , T e ll C ity . •. Washington . . The Bedford National Bank...................................................................... Chairman, President, Vice President or Th e Citizens National Bank of B edford............................................. President or Cashier The Stone C ity National Bank of Bedford........................................... Chairman, President, Vice President or Bloomfield State B a n k ............................................................................. Chairman, President, Vice President or Warrick National Bank of B oon ville...................................................... Chairman, President, Vice President or First Bank of Charlestown...................................................................... Chairman, President, Vice President or Th e Springs Valley National Bank................... ..................................... Chairman, President, Vice President or The First National Bank of Huntingburg............................................. Chairman, President, Vice President or The First National Bank of M adiso a................................................... President, Vice President or Cashier Th e Posey County National Bank, Mount Vernon.............................. Chairman, President, Vice President or Th e Union National Bank of New A lb a n y ........................................... Chairman, President, Vice President or The Bank of O rle a n s................................................................................ President or Cashier Th e Citizens State Bank of Petersburg................................................ President, Vice President or Cashier The Farmers National Bank of Princeton........................................... President or Cashier The Seymour National B a n k ................................................................... Chairman, President, Vice President or The Citizens National Bank of T e ll C i t y ........................................... Cashier The T e ll C ity National B a n k ................................................................. Chairman, President, Vice President or Th e Peoples National Bank and Trust Company of Washington. . President or Cashier Cashier Cashier Cashier Cashier Cashier Cashier CaBhier Cashier Cashier Cashier Cashier K EN TU CK Y Bardstown................................ Farmers Bank & Trust C o ............................................ Bowling Green........................ The American National Bank and Trust Company of Bowling Green................................................... Bowling Green........................ The Citizens National Bank of Bowling Green . . D a n v ille ................................... The Citizens National Bank of Danville................. D a n v ille ................................... The Farmers National Bank of D a n ville ................. Fort Knox................................ Fort Knox National B a n k ............................................ G la sg o w ................................... The New Farmers National Bank of Glasgow . . . Harrodsburg.............................. Mercer County National Bank of Harrodsburg . . . Henderson................................. Ohio Valley National Bank of Henderson............... Hodgenville.............................. The Lincoln National Bank of Hodgenville............ H o p k in sv ille ...........................First C ity Bank and Trust Company.......................... Le banon...................................The Farmers National Bank of Lebanon.................. Le ba non................................... The Marion National Bank of Lebanon.................... M a yfie ld................................... The First National Bank of M ayfield....................... Russell Sp rings......................Th e First National Bank of Russell Springs. . . . President, Vice President or Cashier Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or President, Vice President or Cashier Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or Chairman, President, Vice President or President, Vice President or Cashier President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Chairman, President, Vice President or Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier MISSISSIPPI Aberdeen . Clarksdale Clarksdale Columbus . First National Bank of Monroe County.............................................................................................................................................. Coahoma National Bank........................................................................... First National Bank of C la rk s d a le ................................ .................... First-Columbus National B a n k .............................................................. —6— President or Vice President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier M ISSISSIPPI (Continued) C ITY V O TIN G O F F IC E R NAME OF BANK President Chairman, Chairman, President, Chairman, Chairman, Chairman, Chairman, Chairman, Chairman, Chairman, Columbus................................ Merchants & Farmers B a n k ................................... Columbus................................ Th e National Bank of Commerce of Columbus C o r in th ...................................National Bank of Commerce of C o rin th .............. G re e n v ille ............................. The First National Bank of G reen ville .............. Greenwood..............................First National Bank of Greenwood.................... luka...........................................First National Bank of luka.................................. Lexington................................ First National Bank of Lexington....................... New A lb a n y............................First National B a n k ............................................... Oxford..................................... The First National Bank of Oxford...................... Pontotoc — ...........................The First National Bank of Pontotoc................. West P o in t..............................The First National Bank of West Point.............. President, Vice President or President, Vice President or Vice President or Cashier President, Vice President or President, Vice President or President, Vice President or President, Vice President or President, Vice President or President, Vice President or President, Vice President or Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier MISSOURI A ffto n ..................................... Gravois Bank......................................................................... A ffto n ..................................... The National Bank of A ffto n ........................................... Cape Girardeau......................Th e First National Bank of Cape G ira rd e a u .............. C la y to n ...................................The First National Bank of C la y to n .............................. Colum bia................................ Columbia National B a n k .........................A ...................... Colum bia................................ First National Bank and Trust Company...................... Farmington..............................United Bank of Farm ington.............................................. Fenton..................................... Commerce Bank of Fenton............................................... F u lto n ..................................... The Callaway B a n k ........................................................... H a n n ib a l................................ The Hannibal National B a n k ........................................... Jefferson C ity ........................ Th e Exchange National Bank of Jefferson C ity . . . Kirksville................................ Commerce Bank of Kirksville National Association Kirksville................................ First National B a n k ........................................................... Kirkwood................................ Commerce Bank of Kirkwood........................................... Lebanon...................................State Bank of Le banon...................................................... Maplewood..............................Citizens National Bank of Greater St. L o u is .............. Mexico......................................Commerce Bank of Mexico............................................... M oberly...................................C ity Bank and Trust Company of M oberly................... M oberly...................................Commerce Bank of M oberly............................................ Pine L a w n .............................. Pine Lawn Bank and Trust C o m p a n y........................ Poplar B lu ff........................... First National Bank of Poplar B lu ff.............................. Richmond Heights................ Continental Bank & Trust Com pany.............................. St. Charles............................. Commerce Bank of St. Charles........................................ St. Charles............................. The First National Bank of Saint Ch arle s................... St. L o u is ................................ Central West End Bank...................................................... St. L o u is ................................ North St. Louis Trust Com pany...................................... S ik e s to n ................................ The First National Bank of S ik e sto n ........................... Springfield..............................American National Bank in Springfield......................... Springfield............................. The Southern Missouri Trust C om pany......................... V a n d a lia ................................ Vandalia State Bank........................................................... Washington..............................Franklin County Bank and Trust Company.................... Wellston........................ .. The First National Bank of W e llsto n ........................ West P la in s ...........................The First National Bank of West P la in s ...................... Chairman, President, Vice President or Cashier Chairmah, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Cashier or Assistant Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Executive Vice President Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier President President or Secretary Chairman, President or Treasurer Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Secretary Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier Chairman, President, Vice President or Cashier TEN N ESSEE D ye rsb u rg.............................. Humboldt................................ Jackson................................... Jackson................................... Jackson................................... M em phis................................ Union C ity .............................. Chairman, Chairman, Chairman, Chairman, Chairman, Chairman, Chairman, First-C itizens National Bank of Dyersburg. Th e First National Bank of Gibson County. The First National Bank of J a c k s o n ............ Th e National Bank of Commerce of Jackson The Second National Bank of Jackson . . . . First American B a n k ........................................ Old & Third National Bank of Union C i t y . . — 7 — President, President, President, President, President, President, President, Vice Vice Vice Vice Vice Vice Vice President President President President President President President or Cashier or Cashier or Cashier or Cashier or Cashier or Cashier or Cashier
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