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F ed er al R eser ve Ba n k DALLAS, TEXAS of D allas 75222 Circular No. 81-13 January 19, 1981 TO ALL MEMBER BANKS IN THE ELEVENTH FEDERAL RESERVE DISTRICT: The Board of Governors of the Federal Reserve System has announced the following appointments and designations: Chairman of the Board and Federal Reserve Agent, Federal Reserve Bank of Dallas GERALD D. HINES Owner, Gerald D. Hines Interests, Houston, Texas, and formerly Deputy Chairman of this Bank. Designated Chairman of the Board and Federal Reserve Agent for the year 1981, succeeding Irving A. Mathews, Chairman of the Board and Chief Executive Officer, Frost Bros., Inc., San Antonio, Texas, whose term as Chairman of the Board and Federal Reserve Agent expired December 31, 1980. Director and Deputy Chairman, Federal Reserve Bank of Dallas JOHN V. JAMES Chairman of the Board, Dresser Industries, Inc., Dallas, Texas. Appointed a Class C Director for a three-year term which began January 1, 1981, succeeding Irving A. Mathews whose term as a Class C Director expired December 31, 1980. Designated Deputy Chairman of the Board for the year 1981, succeeding Gerald D. Hines. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) Director of El Paso Branch CHESTER J. KESEY C. J. Kesey Enterprises, Pecos, Texas. Reappointed for a three-year term which began January 1, 1981. Director of Houston Branch PAUL N. HOWELL Chairman and President, Howell Corporation, Houston, Texas. Appointed for a three-year term which began January 1, 1981, succeeding Gene M. Woodfin, Chairman of the Board and Chief Executive Officer, Marathon Manufacturing Company, Houston, Texas, whose term expired December 31, 1980. Director of San Antonio Branch LAWRENCE L. CRUM The Board of Directors of made the following appointments: Professor of Banking and Finance, The University of Texas at Austin, Austin, Texas. Reappointed for a three-year term which began January 1, 1981. Federal Reserve Bank of Dallas has Director of El Paso Branch CLAUDE E. LEYENDECKER President, Mimbres Valley Bank, Deming, New Mexico. Reappointed for a three-year term which began January 1, 1981. Director of Houston Branch RAYMOND L. BRITTON Labor Arbitrator and Professor of Law, University of Houston, Houston, Texas. Reappointed for a three-year term which began January 1, 1981. Director of San Antonio Branch JOHN H. GARNER President and Chief Executive Officer, Corpus Christi National Bank, Corpus Christi, Texas. Reappointed for a three-year term which began January 1, 1981. Member of Federal Advisory Council T. C. FROST, JR. Chairman of the Board, Cullen/Frost Bankers, Inc., San Antonio, Texas. Appointed for the year 1981, succeeding James D. Berry, Chairman of the Board and Chief Executive Officer, Republic of Texas Corporation, Dallas, Texas, whose term expired December 31, 1980. Sincerely yours, Chairman of the Board Directors of the Federal Reserve Bank of Dallas Effective January 1,1981 Name O ccupation Elected by ban k s in G roup Class Term Expires Dec. 31 Lewis H. B ond................ .. Chairman of the Board and Chief Executive Officer, Texas American Bancshares Inc., Fort Worth, Texas 1 A 1981 Miles D. W ils o n .............. Chairman of the Board and President, The First National Bank of Bellville, Bellville, Texas 2 A 1983 John P. G illia m ................ President and Chief Executive Officer, First National Bank in Valley Mills, Valley Mills, Texas 3 A 1982 Robert D. Rogers........... President, Texas Industries, Inc., Dallas, Texas 1 B 1982 J. Wayland B en n ett........., . . . Charles C. Thompson Professor of Agricultural Finance and Associate Dean, College of Agricultural Sciences, Texas Tech University, Lubbock, Texas 2 B 1981 Kent G ilbreath.................. Professor of Economics, Department of Economics and Finance, Baylor University, Waco, Texas 3 B 1983 Gerald D. H in e s ................ Chairman Owner, Gerald D. Hines Interests, Houston, Texas Appointed by the Board of Governors of the Federal Reserve System C 1981 John V. J a m e s .................. . . . Chairman of the Board, Deputy Chairman Dresser Industries, Inc., Dallas, Texas Appointed by the Board of Governors of the Federal Reserve System C 1983 Margaret S. W ils o n ......... . . . Appointed by the Board of Governors of the Federal Reserve System C 1982 Chairman of the Board and Chief Executive Officer, Scarbroughs Stores, Austin, Texas