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FEDERAL RESERVE BANK OF ST. LOUIS KE8 ELTS OF HI.HrTION St. Louis, December 2, 1926. T O T H E M E M B E R BANKS IN D IS T R IC T Xo. 8: The election of directors to succeed John G. Lonsdale, Class A director, and LeRoy Percy. Class B director, whose terms expire December 31, 1926, has been duly held in accordance with the requirements of Section 4 of the Federal Reserve Act and the provisions of my circular dated September 28. 1926. The results of the election are as follows: John G. Lonsdale, President of the National Bank of Commerce in St. Louis, was reelected by member banks in Group 1 as a Class A director of this bank, and LeRoy Percy, planter, of Greenville, Mississippi, was reelected by member banks in Group 3 as a Class B director of this bank. Each was chosen for a term of three years beginning January 1, 1927. The Federal Reserve Board has appointed Paul Dillard, of Dillard & Coffin Co.. cotton factors, Memphis, Tennessee, as a Class C director of this bank for the unexpired term of C. P. J. Mooney, who died on Xovember 22, 1926. Respectfully, W IL L IA M McC. M A R T IN . Chairman of the Board.