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115 A meeting of the Board of Governors of the Federal Reserve SYsteaLwas held in Washington on Wednesday, January 24, 1945, at 10:30 PRESENT: Mr. Mr. Mr. Mr. Mr. Mr. Eccles, Chairman Ransom, Vice Chairman Szymczak McKee Draper Evans Mr. Morrill, Secretary Mr. Carpenter, Assistant Secretary Mr. Clayton, Assistant to the Chairman The action stated with respect to each of the matters herein— after referred to was taken by the Board: The minutes of the meeting of the Board of Governors of the Psde Reserve System held on January 23, 1945, were approved unani— tiously. Memorandum dated January 22, 1945, from Mr. Bethea, Director q the Division of Administrative Services, recommending that the temr1517. aPpointment of Mrs. Elizabeth Chumbris, as a cafeteria helper that Division, be extended for an additional period of not to ex— cerAA 30 days from January 30, 1945, with no change in her present ".° salary at the rate of $1,080 per annum. that fle The memorandum stated 'rs. Chumbris would not become a member of the Board's retire— systern. Approved unanimously. 116 114/45 -2Memorandum dated January 24, 1945, from Mr. Bethea, Director Of the Division of Administrati ve Services, submitting the resignationof Miss Ruby Brooks as a cafeteria helper in that Division, to become effective as of the close of business on January 24, 1945, and recommending that the resignation be accepted as of that date with the 141derstanding that appropriate deduction will be made from her salary foroverdrawn annual leave of 5 hours and 8 minutes. The resignation was accepted as recommended. Letter to Mr. Rounds, First Vice President of the Federal Re" -e Bank of New York, reading as follows: "The Board of Governors approves the changes in the Personnel classification plan of the Federal Reserve 104ak of New York as indicated in the certificates enclosed with your letter of January 17, 1945. t "It will be appreciated if you will forward to the ?ard personnel classification plan pages reflecting these changes which will be placed in the Board's copy of the Personnel classification plan of your Bank." Approved unanimously, together with letters to the Commissioner, Bureau of Internal Revenue, and to the Wage Stabilization Division, National War Labor Board, transmitting certificates of the Federal Reserve Bank of New York with respect to personnel changes at the Bank. Letter to Mr. Day, President of the Federal Reserve Bank of San Fratiej SC, reading as follows: "In accordance with the request contained in your 119 1/24/45 -3- "letter of January 17, 1945, the Board approves the apPolntment of William A. Nigro as an assistant examiner for the Federal Reserve Bank of San Francisco. Please advise us of the date upon which the appointment becomes effective and also as to the salary rate." Approved unanimously. Letter to the board of directors of the "Bank of Berkeley", BerkeleY, California, stating that, subject to conditions of member8114 numbered 1 to 3 contained in the Board's Regulation H and the tO1l ""411g special condition, the Board approves the bank's application for m embership in the Federal Reserve System and for the appropriate al4c)lint of stock in the Federal Reserve Bank of San Francisco: "4. Prior to admission of such bank to membership, the Fidelity Acceptance and Thrift Company shall have been placed in formal liquidation, and thereafter the company shall transact no business except such as 'nay be incidental to the liquidation of its affairs," . Approved unanimously, for transmission through the Federal Reserve Bank of San Francisco. Memorandum dated January 22, 1945, from Mr. Dreibelbis, General IttleY, recommendin g, for the reasons stated in the memorandum, that the cul"rent compilation of State laws relating to bank reserves prepared 14 the T ''egal Division be published as a separate pamphlet instead of 484 Part of the Federal Reserve Bulletin, and that an amount equal to the cost of Printing 500 copies of the compilation be added to the 1945 11°11Per8onal budget of the Division. Approved unanimously. 1/24/45 Thereupon the meeting adjourned. Secretary. Chairman.
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