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1725 Minutes of actions taken by the Board of Governors of the Federal Reserve System on Wednesday, October 1, 1952. PRESENT: Mr. Martin, Chairman Mr. Evans Mr. Vardaman Mr. Sherman, Assistant Secretary Mr. Kenyon, Assistant Secretary Memorandum dated September 29, 1952, from Mr. Leonard, the resigDirector, Division of Bank Operations, recommending that Division, be nation of Betty P. Nails, Clerk-Stenographer in that , at the accepted to be effective, in accordance with her request .close of business October 17, 1952. Approved unanimously. Telegram to Mr. Hal Bogle, Box 116, Dexter, Neg Mexico, reading as follows: "Board of Governors has appointed you Class C director of Federal Reserve Bank of Dallas for unexpired portion of term ending December 31, 1953, and will be pleased to have your acceptance by collect telegram." Approved unanimously. Trust Letter to the Board of Directors, Elmira Bank & Company, Elmira, New York, reading as follows: "Pursuant to your request submitted through the Federal Reserve Bank of New York, the Board of Governors approves the establishment and operation of a branch 1726 -2- 10/1/52 "office at 125-127 Lake Street, Elmira, New York, by the Elmira Bank & Trust Company provided that the branch is established within six months from the date of this letter." Approved, Governor Vardaman not voting, for transmittal through the Federal Reserve Bank of New York. Letter to the Board of Directors, The Merchants and Mechanics Bank of Columbus, Georgia, Columbus, Georgia, reading as follows: "Pursuant to your request submitted through the Federal Reserve Bank of Atlanta, the Board of Governors approves the establishment and operation of a branch at 2406 Gussets. Road, Columbus, Georgia, by The Merchants and Mechanics Bank of Columbus, Georgia, provided such branch is established within six months from the date of this letter." Approved unanimously, for transmittal through the Federal Reserve Bank of Atlanta. Assi an ecretary.
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