To All Depository Institutions and Others
Concerned in the Second Federal Reserve District:
An election will be held under the provisions of section 4 of the Federal Reserve Act, as amended, to choose a successor, to serve for a three-year term, to the following director of this Bank whose term expired on December 31, 2004: class B director, Ronay Menschel, Chairman, Phipps Houses, New York, NY.