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According to the terms of adjournment the Board reassembled at
twelve o'clock on Saturday, April 28th, 1923, in the office of the Vice
Governor.
PRM-ENT:

Vice Governor Platt
Mr. Hamlin
Mr. Miller
Mr. Mitchell
Mr. Criss inger
Mr. Hoxton, Secretary.

The Vice Governor submitted a letter from Mr. Asa E. Ramsay, confirming his telegraphic resignation as Federal 7esprve Agent and Chairman
Of the Board of Directors of the Federal Reserve Bank of Kansas city as of
IlaY 1, 1923.
Upon nx)tion, Mr. M. L. McClure of Kansas City was elected
as Class "C" director to fill the unexpired term of Mr. Ramsay
ending December 31, 1923, and was designated as Chairman of the
Board of Directors and ?ederal Reserve Agent for the term expiring December 31, 1923, it being voted that Mr. McClure will
receive the sone salary as that now received by Mr. Ramsay,
namely,. :'-115,000 a ;year.

Upon recommendation of Mr. Miller, the Board voted to release to the
,Ilewepapers this afternoon for publication Monday morning, "The Review of the
IZonth" which will appear in the forthcoming issue of the Federal Reserve Bulletin.
11'.---4Z2.RT OF CO

ITT

1)"ed April 28th,

NO•1
Recommending approval of the application of Mr. Charlie's
S. Mott, to serve at the same time as director of the
National Bank of commerce, Detroit, Mich., and of the
Detroit Trust Company, and of the Industrial Savings
Bank, Flint, Mich.
Approved.
The meeting adjourned at 1:50 p.m.

413Proved:



Secretary.