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1985

Minutes of actions taken by the Board of Governors of the
Pederal Reserve System on Tuesday, December 27, 1949.
PRESENT:

Mr. Szymczak, Chairman pro tem.
Mr. Evans
Mr. Vardaman
Mr. Carpenter, Secretary
Mr. Sherman, Assistant Secretary
Mr. Thurston, Assistant to the Board

Memorandum dated December 23, 1949, from Mr. Nelson, Director
the Division of Personnel Administration, recommending the ap1°I)1a1tment of Rodney H. Van Devanter as a Personnel Technician in
that

at the
Division to fill an existing vacancy, with basic salary

te Of $4,600 per annum, effective as of the date upon which he enthe usual
's upon the performance of his duties after having passed
ter
IkIrsical examination.

The memorandum also stated that Mr. Van Devanter

nt System and
i8 e contributing member of the Civil Service Retireme
//°111d remain a member of that System.
Approved unanimously.
at the Federal
Letter to Mr. McCormick, Federal Reserve Agent
Ileserve Bank of Richmond, reading as follows:
d
"In accordance with the request containe in Mr.
of GovBoard
the
1949,
Leach's letter of December 21,
payment
the
190,
1,
January
ernors approves, effective
Reserve
Federal
Keller,
W.
Of salary to Mr. Winfred
rate
Agent's Representative, Charlotte Branch, at the
Of $4,140 per annum."
Approved unanimously.
Telegram to Mr. Edgar F. Wendt




Buffalo Forge Company, Buffalo,

12/27/49
,ie

-2-

York, reading as follows:
"Board of Governors of the Federal Reserve System
has appointed you director of Buffalo Branch of Federal
Reserve Bank of New York for three-year term beginning
January 1, 1950 and will be pleased to have your acceptance by collect telegram."
Approved unanimously.
Telegram to Mr. D. Hayden Perry, Robstown, Texas, reading

a.8

f011OWS:

"Board of Governors of the Federal Reserve System
haS appointed you director of San Antonio Branch of Federal Reserve Bank of Dallas for three-year term beginning
January 1, 1950 and will be pleased to have your acceptance
by collect telegram."
Approved unanimously.
Telegram to Mr. Charles N. Shepardson, A. and M. College
"Te as, College Station, Texas, reading as follows:
"Board of Governors of the Federal Reserve System has
appointed you director of Houston Branch of Federal Reserve
Bank of Dallas for three-year term beginning January 1,
1950 and will be pleased to have your acceptance by collect
t
elegram."
Approved unanimously.
Telegram to Mr. Herbert G. Sutton, T. 0. Sutton and Sons,
--"eF:;neil, Texas, reading as follows:
"Board of Governors of the Federal Reserve System has
aPPointed you director of Houston Branch of Federal Reserve
Ilank of Dallas, effective January 1, 1950, for unexpired
Portion of term ending December 31, 1950, and will be pleased
tc have your acceptance by collect telegram."




Approved unanimously.

1-987
21/49