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 successors, to serve for three-year terms, to the following directors of this Bank whose terms will expire December 31, 2005: class A director, Charles V. Wait, President, Chief Executive Officer, and Chairman, The Adirondack Trust Company, Saratoga Springs, NY; and class B director, Marta Tienda, The Maurice P. During ’22 Professor in Demographic Studies, Professor of Sociology and Public Affairs, Princeton University, Princeton, NJ.