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F ederal R eserv 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 14, 1967
RESULTS O F ELECTION
To the M em ber Banks of the
Eighth F e d e r a l R e se r v e D istrict:
The ele c tio 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 ou is to su cceed M r. B radford B rett, C la ss A d irecto r,
and M r. M ark T ow nsend, C la ss B d irecto r, w h o se te r m s end
D ecem b er 31, 1967, h as b een duly held in acco rd a n ce w ith the
req u irem en ts of S ection 4 of the F e d e r a l R e se r v e A ct and the
p ro v isio n s of the cir c u la r issu e d by th is o ffice under date of
Septem ber 22, 1967.
The r e su lts of the e lectio n a re a s fo llo w s:
M r. M ark T ow nsend, C hairm an of the B oard,
T ow nsend L um ber C om pany, I n c ., Stuttgart, A rk an sa s, w as
r e -e le c te d by m em b er banks in Group 2 a s a C la ss B d irecto r.
M r. B radford B rett, P r esid e n t, The F ir s t N ational
Bank of M exico, M exico, M isso u ri, w as r e -e le c te d by m em b er
banks in Group 3 a s a C la ss A d ir e cto r .
E ach d irecto r w as ch o sen for a term of th ree y e a r s to
b egin January 1, 1968.




FREDERIC M. PEIR C E
C hairm an of the B oard

Press Inform ation

Federal Reserve Bank

,

of

St. Louis

St. Louis Missouri 63166

N ovem b er 14, 1967

FOR IM M EDIATE R EL E A SE

The C hairm an of the B oard, M r. F r e d e r ic 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 ou is:
M ark T ow nsend, C hairm an of the B oard, T ow nsend L um ber
C om pany, Inc. , Stuttgart, A rk an sa s, w as r e -e le c te d by m em b er banks in
Group 2 a s a C la ss B d irecto r of the F e d e r a l R e se r v e Bank of St. L ou is for
a th r e e -y e a r term beginning January 1, 1968.
B radford B rett, P r esid e n t, The F ir s t N ational Bank of M exico,
M exico, M isso u ri, w as r e -e le c te d by m em b er banks in Group 3 a s a
C la ss A d irecto r of the F e d e r a l R e se r v e Bank of St. L ou is for a th r e e -y e a r
term beginning January 1, 1968.
The B oard of D ir e cto r s of the F e d e r a l R e se 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 osen by the m em b er
banks and th ree (C la ss C) by the B oard of G overn ors in W ashington.




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