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Federal R eserve Bank of S t. Louis P. O. Box 442 S t . Louis, Mis s o u r i 6 3 1 6 6 N ovem b er 10, 1971 RESULTS OF ELECTIO N To the M em ber Banks of the E ighth F ed era l R ese r v e D istrict: The e le c tio n of d ir e cto r s of the F e d e r a l R e se r v e Bank of St. L ouis to su cceed M r. Jam es P . H ickok, C la ss A d ir e c to r , and M r. Sherw ood J. Sm ith, C la ss B d ir e c to r , w hose te r m s end D ecem b er 31, 1971, h as b een duly h eld in acco rd a n ce w ith the req u irem en ts of S ection 4 of the F ed era l R ese r v e A ct and the p ro v isio n s of the c ir c u la r issu e d by th is o ffice under date of S ep tem b er 17, 1971. The r e su lts of the electio n a re as fo llo w s: M r. Edwin S. J o n es, C hairm an and C hief E x ecu tiv e O fficer, F ir s t N ational Bank in St. L ou is, St. L ou is, M isso u ri, w as e lected by m em b er banks in Group 1 as a C la ss A d ir e cto r . D r. J am es M. T uholski, P resid e n t, M ead Johnson & C om pany, E v a n sv ille , Indiana, w as ele c te d by m em b er banks in Group 3 as a C la ss B d ir e cto r . E ach d ir e cto r w as ch osen for a te r m of th ree y ea rs to b eg in January 1, 1972. FREDERIC M. PEIRCE C hairm an of the B oard Press Inform ation Federal Reserve Bank o f St. Louis St. Louis, Missouri 63166 FOR IM M EDIATE R ELEA SE N ovem b er 10, 1971 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 ed era l R ese r v e Bank of St. L ou is: Edwin S. J o n es, C hairm an and C hief E x ecu tiv e O fficer, F ir s t N ational Bank in St. L o u is, St. L ou is, M isso u ri, w as e le c te d by m em b er banks in Group 1 as a C la ss A d ir e cto r of the F ed era l R e se r v e Bank of St. L ou is for a th r e e -y e a r te r m beginning January 1, 1972. In addition to being a ffilia ted w ith num erou s state and lo c a l c iv ic and trade o rg a n iza tio n s, M r. Jon es is P r e sid e n t and C hief O perating O fficer of F ir s t Union, Inc. , St. L ou is, and a D irecto r of A n g elica C orporation, A lton Box B oard C om pany, G en eral A m erica n L ife In su ran ce C om pany, G en eral S teel In d u stries, Inc. , In terco , Inc. , M cD onnell D ouglas C orp. , P et, Inc. , and V ico, Inc. B orn in St. L o u is, M isso u ri, M r. Jon es attended Y ale U n iv ersity and the U n iv ersity of W iscon sin School of B anking. J am es M . T uh olsk i, P r esid e n t, M ead Johnson & C om pany, E v a n sv ille , Indiana, w as e le c te d by m em b er banks in Group 3 as a C la ss B d ir e cto r of the F ed era l R ese r v e Bank of St. L ouis for a th r e e y ea r te r m beginning January 1, 1972. m o re - 2 - D r. T uholski is a T ru stee of the U n iv ersity of E v a n sv ille , a M em ber of the D evelop m en t C ouncil, U n iversity of T e n n essee , A m erica n M ed ical A sso c ia tio n , A m erica n A cad em y of P e d ia tr ic s, and A m erica n Board of P e d ia tr ic s, and an A sso c ia te Staff M em ber of St. M ary's H osp ital, E v a n sv ille , Indiana. A n ative of H enning, T e n n e sse e , he r e ce iv e d h is M. D. fro m the U n iv ersity of T en n essee . The B oard of D ir e cto r s of the F ed era 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 o sen by the m em b er banks and th ree (C lass C) by the B oard of G overn ors in W ashington. - end -