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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