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F ederal R ese r v e Bank of S t . L ouis P. O. BOX 442 S t . L o u is , Mis s o u r i 6 3 1 6 6 N ovem ber 15, 1966 R ESU LTS OF ELECTIO N To the M em ber Banks of the E ighth F e d e r a l R e se r v e D istric t: The e lectio n of d ir e c to r s of the F ed era l R e se r v e Bank of St. L ou is to su cceed M r. H. L ee C ooper, C la ss A d ir e cto r , and M r. R oland W. R ich a rd s, C la ss B d ir e cto r , w h ose te r m s end D ecem b er 31, 1966, h as been duly h eld in a cco rd a n ce w ith the req u irem en ts of S ection 4 of the F ed era l R e se r v e A ct and the p r o v isio n s of the c ir c u la r issu e d by th is o ffice under date of Septem ber 23, 1966. The r e su lts of the e le c tio n a re a s fo llo w s: M r. Roland W. R ich a rd s, Senior V ice P resid e n t, L acled e S teel C om pany, St. L ou is, M isso u ri, w as r e -e le c te d by m em ber banks in Group 1 a s a C la ss B d ir e cto r . M r. C ecil W. Cupp, Jr. , P r esid e n t, A rk an sas Bank and T rust Com pany, Hot S prin gs, A rk an sa s, w as e le c te d by m em b er banks in Group 2 a s a C la ss A d ir e cto r . Each d irecto r w as ch osen for a term of th ree y e a r s to begin January 1, 1967. FREDERIC M . PEIR C E C hairm an of the Board Press Inform ation Federal Reserve Bank o f St. Louis St. Louis, Missouri 63166 FOR IM M EDIATE R ELEA SE N ovem ber 15, 1966 The C hairm an of the Board, M r. F r ed eric M. P e ir c e , m ade the follow in g announcem ents w ith r e sp e c t to the e lectio n of d ir e c to r s of the F e d e r a l R e se r v e Bank of St. L ouis: R oland W. R ich a rd s, Senior V ice P r esid e n t, L acled e S teel Com pany, St. L ou is, M isso u ri, w as r e -e le c te d by m em b er banks in Group 1 a s a C la ss B D irecto r of the F ed era l R ese r v e Bank of St. L ouis for a th r e e -y e a r te r m beginning January 1, 1967. C ecil W. Cupp, J r . , P resid e n t, A rk an sas Bank and T rust Com pany, Hot S prin gs, A rk an sa s, w as e le c te d by m em b er banks in Group 2 a s a C la ss A D irector of the F e d e r a l R e se r v e Bank of St. L ouis for a th r e e -y e a r term beginning January 1, 1967. The Board of D ir e cto r s of the F e d e r a l R ese r v e Bank c o n sists of nine m e m b e r s, six of w hom (C la sse s A and B) a re ch o sen by the m em b er banks and th ree (C la ss C) by the Board of G overn ors in W ashington. - end