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ISLAND AIR FERRIES,INC. Officers and Directors Directors Frederick H.Smith (Chairman) Murray Hawley John Cochrane Clarence A. Hammond, Jr. Frank E. B. McGilvery Officers President........................Murray Hawley Vice-President...................John Cochrane Secretary........................Clarence A. Hammond, Jr. Treasurer........................Robert C. Hofmann General Counsel....Horace G.Pender Transfer Agent The Corporation Trust Company 120 Broadway New York 5, N.Y. [ Picture of ISLAND AIR FERRIES,INC.] MAC ARTHIR AIRPORT