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300 A meeting of the Board of Governors of the Federal Reserve Systeztras held in Washington on Thursday, February 25, 1943, at 11:00 a.m. PRESENT: Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman Szymczak McKee Evans Mr. Mr. Mr. Mr. Morrill, Secretary Bethea, Assistant Secretary Carpenter, Assistant Secretary Clayton, Assistant to the Chairman The action stated with respect to each of the matters hereinafter '-eferred to was taken by the Board: The minutes of the meeting of the Board of Governors of the Fed- isal " erVe Systen held on February 24, 1 9430 were approved unanimously. liemoranda dated today from Mr. Morrill, recomaending (1) that 41'4' Leakel a kitchen helper in the Secretary's Office, be sep- 41'aled service as of the close of business on February 22, 1943, 41d (2) that Mrs. Ray Schwartz be appointed as a kitchen helper in the Se e l'etarYis Office on a temporary basis for a period of not to exceed with salary at the rate of S1,080 per annum, effective Feb1'441'1125) 1943. Approved unanimously. klIk or Letter to Mr. Mulroney, Vice President of the Federal Reserve Chleago, reading as follows: ter ;In accordance with the request contained in your letillent°,,pFbruarY 19, 1943, the Board approves the appointred J. McCune, at present an assistant examiner, 301 2/25/43 as„ an examiner for the Federal Reserve Bank of Chicago. please advise us of the date uoon which this appointment becomes effective.” Approved unanimously. Letter to Mr. 'Woolley, Vice ?resident of the Federal Reserve a.nk 04, ICallsas City, reading as follows: te "In accordance with the reauest contained in your let0, ' 1 of February 17, 1943, the Board approves the appointment George Rerick Wilkinson as an assistant examiner for the th eral Reserve Bank of Kansas City. Please advise us of e date upon which the appointment becomes effective." Approved unanimously. Letter balaas to Mr. Gilbert, president of the Federal Reserve Bank of reading as follows: run,,, "This is to acknowledge receipt of your letters of Febto„Y 13 and February 15, 1943, with enclosures, with respect brA,,ecent amendments to the by-laws of your Bank and of the -Le h.es of your Bank. 194 'It is noted that your board of directors on February 11, diet 31 amended the by-laws of the Head Office, effective imrneexciel?, so as to provide for an Executive Committee composed ChailL elvelY of members of the board of directors including the Sari 2 11, and that the by-laws of your El Paso, Houston, and trio branches were also amended, effective immediately, to for certain organizational changes, including the 11n:continuance of the office of Managing Director. It is eaucherstood that the by-laws of the FederalReserve Bank and of laoar:f Your branches as thus amended will be forwarded to the ' Itfor its files as soon as they are printed. tion Irl accordance with the provisions of the Board's regula'elating to branches of Federal Reserve Banks, the Board of Gclil, btana,":ernors approves the discontinuance of the office of Of Director at each of your branches and the designation e tt:rficer in charge of each branch as 'Manager'. Jamee :,r°111 Your letter of February 13, it is noted that Mr. TexasElkins, President of the City National Bank, Houston, Bank r, 2 oand Mr. Robert D. Barclay, President of the National or th'Commerce, San Antonio, Texas, were appointed directors e Houston and San Antonio branches, respectively, for the trig 302 2125/43 -3- Plred portions of terms ending December 31, 1945, and tIlat it is expected that a new director of the El Paso branch : 111 be appointed to succeed Mr. Joe L. Hermann, at the next eeting of your board of directors." Approved unanimously. Thereupon the meeting adjourned. PPro
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