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52 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Wednesday, January PRESEET: Mr. Mr. Mr. Mr. Mr. 9, 1952. Martin, Chairman zymczak Evans Norton Powell Mr. Carpenter, Secretary Mr. Kenyon, Assistant recretary Minutes of actions taken by the Board of Governors of the Federal Reserve 'ystem on January Memorandum dated January 8, 1972, were approved unanimously. 7, 19!)2, from Mx. Bethea, Director, Division of Administrative Services, recommending the appointment of Mary 1. McRae as a Page in that Division, en a temporary indefinite basis, with basic salary at the rate of *2,500 per annum, effective O. of the date upon which she enters upon the performance of her duties after having paused the usual physical examination and subject to the completion of a satisfactory employment investigation. Approved unanimously. Letter to Mr. Williams, President, Federal Reserve Bank of Phi3aclelPhia reading as follows: "The Board of Governors has considered the request in your letter of December 27, 1971, and will inter-pose no objection to your Bunk's awarding a contract to John McShain, Inc., to carry out the building changes and modernization program as outlined. "It is understood that the contract does not include construction to enlarge a balcony into a mezzanine on the 53 1/9/52 first floor of Building ,No 1-A, which was authorized in the Board's letter of November 16, 19)1. Assuming that this construction is carried out, the Board authorizes your Bonk to expend approx-Trutely $2,100,000, including . ees,, in carrying out the proengineers' aad(Irchitects' f gram." 'QEproved unanimously.
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