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i400

?eclertia

Minutes of actions taken by the Board of Governors of the
Reserve System on Monday, August 30, 1948.
PRESENT:

Mr.
Mr.
Mr.
Mr.

Szymozak, Chairman pro tem.
Draper
Vardaman
Clayton
Mr. Sherman, Assistant Secretary
Mr. Morrill, Special Adviser
Mr. Thurston, Assistant to the Board

Mizutes of
actions taken by the Board of Governors of the
4. Reserve

System on August 26, 1948, were approved unanimously.
Mitlutes Of
actions taken by the Board of Governors of the
1 Reserve

System on August 27, 1948, were approved and the

recorded therein were ratified unanimously.
krector14e1110randum dated August 25, 1948, from Mr. Young, Associate

Of the Division of Research and Statistics, recommending

h

nation of Alfred Sherrard, an economist in that Divi-

be
Atth

e'eeePted to be effective, in accordance with his request,

.te clos

e °f business August 27, 1948, with the understanding
1114 slira Payment would be made for annual leave remaining
114:
Isecilt as of that date.
Approved unanimously.
Metlior
--9"111-um dated August 27, 1948, from Mr. Bethea, Direct
"e Divi si
---on of Administrative Services, recommending that
c 14%rary
appointment of Glenn B. Hopkins, a painter in that
toil, be
extended




on a temporary indefinite basis, without

1401

1948.