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R E SE R V E B A N K O F ST. L O U IS
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S A I N T L O U I S 66 , M IS S O U R I

November 18, 1958

RESULTS OF ELECTION OF DIRECTORS

To the Member Banks in the
Eighth Federal Reserve D istrict:

The election of directors to succeed Mr. J. E. Etherton, Class A director,
and Mr. S. J. Beauchamp, Jr., Class B director, whose terms expire December
31, 1958, has been duly held in accordance with the requirements of Section 4
of the Federal Reserve Act and the provisions of m y circular dated September
19, 1958. The results of the election are as follows:
Mr. Arthur Werre, Jr., Executive Vice President, First National Bank of
Steeleville, Steeleville, 111., was elected by member banks in Group 3 as a Class A
director of this bank for a three-year term beginning January 1, 1959.
Mr. S. J. Beauchamp, Jr., President, Terminal Warehouse Company, Little
Rock, Ark., was re-elected by member banks in Group 2 as a Class B director
of this bank for a three-year term beginning January 1, 1959.

P I E R R E B. M c B R I D E
Chairman of the Board