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F

e d e r a l

r e s e r v e

B

a n k

OF DALLAS

Dallas, Texas, December 27, 1956

To the 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

Robert J. Smith

President, Slick Airways, Inc., Dallas, Texas. Redesignoted Chairman of the Board and Federal Reserve
Agent for the year 1957.

Deputy Chairman,
Federal Reserve Bank of Dallas

Hal Bogle

Rancher and Feeder, Dexter, New Mexico. Reappointed
a Class C director for a three-year term beginning
January 1, 1957, and redesignated Deputy Chairman
of the Board for the year 1957.

Director of El Paso Branch

D. F. Stahmann

President, Stahmann Farms, Inc., Las Cruces, New Mexico. Reappointed for a three-year term beginning Jan­
uary 1, 1957.

Director of Houston Branch

A. E. Cudlipp

Vice President and Director, Lufkin Foundry and Machine
Company, Lufkin, Texas. Appointed for a three-year
term beginning January 1, 1957.

Director of San Antonio Branch

Clarence E. Ayres

Professor of Economics, The University of Texas, Austin,
Texas. Reappointed for a three-year term beginning
January 1, 1957.

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

The Board of Directors of the Federal Reserve Bank of Dallas has made the following appointments:

Directors of El Paso Branch
F. W . Barton

President, The M arfa National Bank, Marfa, Texas. Re­
appointed for a three-year term beginning January
1, 1957.

Floyd Childress

Vice President, The First National Bank of Roswell, Ros­
well, New Mexico. Appointed for the unexpired portion
of a three-year term ending December 31, 1957.

Director of Houston Branch
1. F. Betts

President, The American National Bank of Beaumont,
Beaumont, Texas. Reappointed for a three-year term
beginning January 1, 1957.

Director of San Antonio Branch
E. C. Breedlove

President, The First National Bank of Harlingen, Harlin­
gen, Texas. Reappointed for a three-year term begin­
ning January 1, 1957.

Member of Federal Advisory Council
Walter B. Jacobs

President, The First National Bank of Shreveport, Shreve­
port, Louisiana. Appointed for the year 1957.

Yours very truly,
ROBERT J. SMITH
Chairman of the Board