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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 P . O . B O X 442 ST. LO U IS , M IS S O U R I 631 6 6 December 30, 1964 To all Banks in the E ighth F ederal R eserve D istrict : The Board of Governors of the Federal Reserve System has announced the following appoint ments and designations at this Bank and its Branches: Federal Reserve Bank of St. Louis M r . R aymond R ebsamen Chairman of the Board Rebsamen & East, Inc. Little Rock, Arkansas M r . Smith D. B roadbent , Jr. Broadbent Hybrid Seed Co. Cadiz, Kentucky Redesignated Chairman of the Board and Federal Reserve Agent at the bank for the year 1965. Appointed a Class C director of the bank for a three-year term beginning January 1, 1965 and Deputy Chairman of the Board for the year 1965. Little Rock Branch M r . R eeves E. R itchie President Arkansas Power & Light Company Little Rock, Arkansas Appointed a director for a three-year term beginning January 1, 1965. Louisville Branch M r . R ichard T. Smith Farmer Madisonville, Kentucky Reappointed a director for a three-year term beginning January 1, 1965. Memphis Branch M r . James S. W illiams Plant Manager American Greetings Corporation Osceola, Arkansas Appointed a director for a three-year term beginning January 1, 1965. The Board of Directors of the Federal Reserve Bank of St. Louis has made the following appoint ments and selection: Little Rock Branch M r . R oss E. A nderson Chairman of the Board The Commercial National Bank of Little Rock Little Rock, Arkansas Reappointed a director for a three-year term beginning January 1, 1965. Louisville Branch M r . J. E. M iller Executive Vice President Sellersburg State Bank Sellersburg, Indiana Appointed a director for a three-year term beginning January 1, 1965. Memphis Branch M r . L eon C. Castling President First National Bank at Marianna Marianna, Arkansas Reappointed a director for a three-vear term beginning January 1, 1965. Member of Federal Advisory Council M r . James P. H ickok Chairman of the Board First National Bank in St. Louis St. Louis, Missouri Reselected a member of the Federal Advisory Council to represent the Eighth Federal Reserve District for the year 1965. Yours very truly, Llarry A. Shuford President P r e s s R e le a s e fr o m : F e d e r a l R e s e r v e Bank o f St. L ou is St. L ou is, M is so u ri FOR R E L E A SE IN A F T E R N O O N P A P E R S , W EDNESDAY, D E C EM BE R 30, 1964 The B oard o f G o v e rn o rs of the F e d e ra l R e s e r v e S ystem has red esig n a ted M r. R aym ond R eb sa m en , L ittle R o ck , A rk a n sa s, as C hairm an of the B oard o f D ir 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 ou is and F e d e ra l R e s e r v e A gent at the bank fo r the y e a r 1965. M r. R eb sa m en has se rv e d in this ca p a city sin ce O cto b e r 1963 and as a D ir e c to r o f the F e d e r a l R e s e r v e Bank o f St. L o u is sin ce January 1962. He is C hairm an o f the B oard, R e b sa m en & E ast, Inc. , L ittle R o ck , A rk a n sa s. M r. Sm ith D. B roadbent, J r . , C adiz, Kentucky, has been appointed by the B oard of G o v e rn o rs as a D ir e c to r o f the F e d e ra l R e s e r v e Bank o f St. L ou is fo r the t h r e e -y e a r te r m beginning January 1, 1965 and as Deputy C hairm an o f the B oard of D ir e c t o r s of the bank fo r the y e a r 1965. M r. B roadbent se rv e d as a D ir e c to r o f the L o u is v ille B ranch o f the F e d e ra l R e s e r v e Bank of St. L ou is fr o m June 1948 through D e ce m b e r 1955 and as C hairm an o f the L o u is v ille B oard fr o m 1953 through 1955. He is ow ner of the B roadbent H ybrid Seed C o . , C adiz, K entucky. The fo llo w in g appointm ents to the B oard s o f D ir e c t o r s of the B ra n ch es o f the F e d e r a l R e s e r v e Bank o f St. L ou is have been m a d e: A ppointed by the B oard o f G o v e rn o rs , W ashington, D. C, : M r. R e e v e s E. R itch ie , P re s id e n t, A rk a n sa s P o w e r & Light C om pany, L ittle R o ck , A rk a n sa s, appointed as a m e m b e r o f the L ittle R o ck B ranch B oard fo r a t h r e e -y e a r te rm beginning January 1, 1965. M r. R ich a rd T. Smith, F a r m e r , M a d iso n v ille , Kentucky, rea p poin ted a s a m e m b e r of the L o u is v ille B ran ch B oard fo r a th r e e -y e a r te r m beginning January 1, 1965. M r. J a m es S. W illia m s, P lant M anager, A m e r ica n G reetin gs C o rp o ra tio n , O s ce o la , A rk a n sa s, appointed a s a m e m b e r o f the M em phis B ranch B oard fo r a t h r e e -y e a r te r m beginning January 1, 1965. - m ore - Page 2 P r e s s R e le a s e fro m : F e d e r a l R e s e r v e Bank of St. L ou is (F o r r e le a s e in a ftern oon p a p e rs, W ednesday, D e ce m b e r 30, 1964) A pp oin ted by the B o a rd o f D ir e c t o r s o f the F e d e r a l R e s e r v e Bank o f St. L ou is M r. R o s s E . A n d e rso n , C hairm an o f the B o a rd , The C o m m e r c ia l N ational Bank o f L ittle R o ck , L ittle R o ck , A rk a n s a s , rea p p oin ted as a m e m b e r o f the L ittle R o ck B ra n ch B o a rd fo r a t h r e e -y e a r te rm beginning January 1, 1965. M r. J. E. M ille r , E xecu tiv e V ice P r e s id e n t, S e lle r s b u r g State Bank, S e lle r s b u r g , Indiana, appointed as a m e m b e r o f the L o u is v ille B ra n ch B o a r d fo r a t h r e e -y e a r te rm beginning January 1, 1965. M r. L eon C . C astlin g, P re s id e n t, F ir s t N ational Bank at M arianna, M arianna, A rk a n s a s , rea p p oin ted as a m e m b e r of the M em phis B ra n ch B o a r d fo r a t h r e e -y e a r te rm beginning January 1, 1965. The B o a rd of D ir e c t o r s o f the F e d e r a l R e s e r v e Bank c o n s is ts of nine m e m b e r s , six o f w hom a re ch o s e n by the m e m b e r banks and th ree by the B o a r d o f G o v e rn o rs in W ashington. E ach B ra n ch has se v e n D ir e c t o r s , fou r o f w hom a re appointed b y the B o a r d o f D ir e c t o r s o f the F e d e r a l R e s e r v e Bank and th ree by the B o a r d of G o v e r n o r s . - end -