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466 al At an adjourned meeting of the Feder Governor Reserve Board held in the office of the 17, of the Board at 3:00 p. m., on Monday, April PRESENT: Mr. Hamlin, presiding Mr. Williams Mr. Delano Mr. Harding Mr. Miller Mr. Allen, Secretary. The election of a Class "C" director at Dallas, made a special order for the meeting was taken up and Mr. H. 0. Wooten of Ab- the ilene, Texas, unanimously elected to fill deceased, unexpired term of Mr. Felix Martinez, said term expiring on December 31, 1916. the The resolution of the directors of its Federal Reserve Bank of Richmond increasing exrate an commodity paper from 3% to 3e, and on tending the time of the present rate of 35 effectrade acceptances from 60 to 90 days, both tive on April 20, was approved. A letter from Mr. J. B. Porgnn, president of the Federal Advisory Council, stating that a meeting of that body would be held on May 16, and asking the early submission by the Board of questions for the consideration of the Council, was read and referred to Mr. Delano. Attention was directed to the action of the Board on March 23, relative to the method of transferring title to gold order certificates held' in the Gold Settlement Fund, and it was agreed that it should not at present be submitted to the meeting of the Governors. The Committee on Operation of the Richmond Bank was authorized to take up with the bank the question of improving its quarters. Applications for stock in Federal reserve banks, duly recommended by Mr. Harding as Chairman of the Committee on Member and State Banks, were approved as follows: DISTRICT No. 3. First National Bank Shares. Absecon, N. J. 17 DISTRICT No. 5. Commonwealth Nat'l Reedville, Va. 17 Gonvick, Minn. 15 DISTRICT No. 9. First National Bank Applications for additional stock in Federal reserve banks, duly recommended by Mr. Harding as Chairman of the Committee on Member and State Banks, were approved as follows: DISTRICT No. 6. First National Bank Houston Nat'l Bank Farmers National Bank First National Bank Florida Nat'l Bank Nat'l Bank of Commerce First National Bank First National Bank Georgia National Bank First National Bank Erwin National Bank Shares. 3 La Pine, Ala. 9 Dothan, Ala. 9 Opelika, Ala. St. Cloud, Fla. 1 Gainesville,Fla.35 Pensacola, Fla. 6 1 Vienna, Ga. 2 Reynolds, Ga. 10 Albany, Ga. 3 Biloxi, Miss. Erwin, Tenn. 469 DISTRICT No. 7. Shares. Commercial German National Bank Farmers & Merchants National Bank Farmers National Bark First National Bank First National Bank Peoria, Ill. 46 Morris, Ill. 3 Westervelt, Ina Boone, Iowa 9 Sheldon, Iowa 3 DISTRICT No. 9. First National Bank First National Bank First National Bank Farmers National Bank First National Bank National Bank of First National Bank First National Bank First National Bank First National Bank United States National Bank First National Bank Clark County National Bank First National Bank Lake County Nat'l Bank First National Bank First National Bank First National Bank Commercial Nat'l Bank First First First First National Natianal National National Bank Bank Bank Bank Lakeville, Minn.1 Lamberton, Minn.3 Litchfield,Minn.2 Luverne, Minn. 1 Laverne, Minn. 3 Luverne, Minn 3 Minnosota Lake, Minna Manistique,Mich.3 Norway, Mich. 1 Sidney, Mont. 6 Red Lodge, Mant.2 Arlington, S.D.18 Clark, S. Dak. 1 Hecla, S. Dak. 1 Madison, S. D. 1 Miller, S. Dak. 9 White Lake, S.D.1 Columbus, Mont. 3 Great Falls, Mont.1 Turtle Lake,N.D.1 Streeter, N. D. 2 Sharon, N. Dak. 1 Rock Lake, N.D. 1 471) 3 Minot, N. D. McVille, N. D. 2 Langdon, N. D. 3 LaMoure, N. D. 3 Jamestown, N.D. 6 Hebron, N. Dak. 1 Ellendale, N.D. 1 Edgoley, N. D. 3 Dickinson, N.D. 3 Crosby, N. Dak. 1 Buffalo, N. D. 3 Bismarck, N. D. 6 Beach, N. Dak. 4 Anamoose, N. D. 1 Winthrop, Minn. 1 3 Windon, Minn. 3 Wells, Minn. 3 Waseca, Minn. Sauk Centre,Minn2 St. Paul, Minn.30 Plainview,Minn. 1 Pipestone,Minn. 6 1 °Bakis, Minn. Beaver Credc, Minna Blooming Praire, First National Bank Minn.1 1 National Citizens Bank Canby, Minn. 1 Ceylon, Minn. First National Bank Cottonwood,Minna First National Bank Dodge Center, First National Bank Minn.1 Fairmont National Bank Fairmont, Minn. 1 Fergus Falls Nat'l Bank Fergus Falls, Minn18 2 Foley, Minn. First National Bank 3 Fulda, Minn. First National Bank Hendricks, Minn.2 First National Bank Jackson, Minn. 1 Brown National Bank Union National Baak First National Bank First National Bank First National Bank James River Nat'l Bank First National Bank Farmers National Bank First National Bank Dakota National Bank First National Bank First National Bank City National Bank First Natiolul Bank Anamoose Nat'l Bank First National Bank Windon National Bank Wells National Bank First National Bank Merchants National Bank Capital National Bank First National Bank First National Bank First National Bank First National Bank Shares,I, ;DISTRICT No. 11. Morris County Nat'l Bank Naples, Tex. 9 At 3:45 p. in., the Board adjourned to meet on Wednesday, April 19, at 1 a. in. Secretary., APPROVED: Chairman.
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