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F E D E R A L R E S E R V E B A N K OF ST
St

Lo u is

2

LOUIS

M issouri

O c t o b e r 3,

1957

T o A l l B an k s i n the
Eighth F e d e r a l R e s e r v e D is tr ic t:

T he B o a r d o f G o v e r n o r s of th e F e d e r a l R e s e r v e
S y s t e m h a s a n n o u n c e d the a p p o i n t m e n t of M r . F r a n k L e e
W e s s o n , V i c t o r i a , A r k a n s a s , a s a d i r e c t o r of th e M e m p h i s
B r a n c h of t h i s ba nk . H i s a p p o i n t m e n t f o r the u n e x p i r e d
p o r t i o n o f a t e r m e n d i n g D e c e m b e r 3 1, 1 958, f i l l s a v a c a n c y
on th e B r a n c h B o a r d c r e a t e d by th e d e a t h of M r . H e n r y B a n k s ,
C larkedale, A rk a n sa s.
M r. W e s s o n is P r e s i d e n t of W e ss o n F a r m s , Inc. ,
V i c t o r i a , A r k a n s a s , an d P r e s i d e n t of M i s s c o , I n c . , w h i c h
o p e r a t e s f a r m m a c h i n e r y a g e n c i e s in O s c e o l a a n d B l y t h e v i l l e ,
A r k a n s a s . In a d d i t i o n to h i s e x t e n s i v e f a r m i n g i n t e r e s t s ,
M r . W e s s o n i s a d i r e c t o r of S m i t h a n d W e s s o n A r m s C o m p a n y .

D E L O S C . JO H N S
P r e s id e n t

LIBRARY

BOARD o f g o v e r n o r s
OF THE
FEDERAL RESERVE SYSTEM
Statement for the Press
For immediate release

October 3, 1957

The Board of Governors of the Federal Reserve System todayannounced the appointment of Mr. Frank Lee Wesson, of Victoria,
Arkansas, a s a director of the Memphis Branch of the Federal Reserve
Bank of St. Louis for the remainder of a term expiring December 31,
1958.

Mr. Wesson is president of Wesson Farms, Inc., Victoria,

Arkansas.

As a director of the Memphis Branch he succeeds Mr. Henry

Banks, farmer, of Clarkedale, Arkansas, who died recently.