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F e d e r a l R eserve B a n k
OF DALLAS

Dallas, Texas, February 13, 1953

To the Member Banks in the
Eleventh Federal Reserve District:
I am pleased to advise that the Board of Governors of the Federal Reserve System
has announced the following appointments of directors of the Federal Reserve Bank of
Dallas and the El Paso Branch of the Bank:
Mr. Robert J. Smith, President, Pioneer Air Lines, Inc., Dallas, Texas, was
appointed a Class C director of the Federal Reserve Bank of Dallas for the remainder
of a three-year term ending December 31,1954, and was designated Deputy Chairman
for the year 1953. Mr. Smith succeeds Mr. Robert B. Anderson, Vernon, Texas, who
resigned to accept an appointment as Secretary of the Navy.
Mr. Dean F. Stahmann, farmer, Las Cruces, New Mexico, was appointed a direcĀ­
tor of the El Paso Branch of the Federal Reserve Bank of Dallas for the remainder
of the three-year term ending December 31, 1953. Mr. Stahmann succeeds Mr. Hal
Bogle, Dexter, New Mexico, who resigned to accept an appointment by the Board of
Governors as a director of the Federal Reserve Bank of Dallas.
Mr. Everly J. Workman, President, New Mexico School of Mines, Socorro, New
Mexico, was appointed a director of the El Paso Branch of the Federal Reserve Bank
of Dallas for a three-year term ending December 31, 1955. Mr. Workman succeeds
Mr. Hiram S. Corbett, Tucson, Arizona, whose term expired on December 31, 1952.
The Board of Directors of the Federal Reserve Bank of Dallas at its meeting on
February 11, 1953, appointed Mr. John P. Butler, President, The First National Bank of
Midland, Midland, Texas, a director of the El Paso Branch of the Federal Reserve Bank
of Dallas for the remainder of a three-year term ending December 31, 1954. Mr. Butler
succeeds Mr. John W. Cordts, El Paso, Texas, deceased.
Yours very truly,
J. R. PARTEN
Chairman

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)