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Federal R eserve Bank P, 0 B o x 4 4 2 S t. Louis 6 6 , Misso S t. Lo u is of uri D e c e m b e r 16, 1959 T o A l l B a n k s in th e E ig 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 : M r . N o r f l e e t T u r n e r , P r e s i d e n t , T h e F i r s t N a t io n a l B a n k o f M e m p h i s , M e m p h i s , T e n n e s s e e , h a s b e e n s e l e c t e d by th e B o a r d o f D i r e c t o r s o f th e 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 i s to s e r v e a s a m e m b e r o f the F e d e r a l A d v i s o r y C o u n c il o f th e F e d e r a l R e s e r v e S y s t e m f o r th e y e a r I 9 6 0 . DELOS C. JOHNS P resid en t