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F ederal reserve Ba nk OF DALLAS D a lla s , T e x a s , J a n u a ry 4 , 1960 To the M e m b e r Banks in the Eleventh Federal Reserve District: The B o a rd o f G o v e rn o rs o f th e F e d e ra l K e se rve S ystem has a n n o u n c e d th e fo llo w in g a p p o in tm e n ts a n d d e s ig n a tio n s : Chairman of the Board and Federal Reserve Agent, Federal Reserve Bank of Dallas Robert J. Smith P re s id e n t, P io n e e r H y d r o t e x In d u s trie s , In c ., D a lla s , T e x a s . R e d e s ig n a t e d C h a ir m a n o f t h e B o a r d a n d F e d e ra l R eserve A g e n t f o r th e y e a r 1 9 6 0 . Deputy Chairman, Federal Reserve Bank of Dallas Lamar Fleming, Jr. C h a irm a n o f th e B o a rd , A n d e rs o n , C la y to n a n d C o m p a n y , In c ., H o u s to n , T e x a s . D e s ig n a te d D e p u ty C h a ir m a n o f th e B o a rd f o r th e y e a r 1 9 6 0 . Director, Federal Reserve Bank of Dallas Robert O. Anderson P re s id e n t, H o n d o O il & G a s C o m p a n y , R o sw e ll, N e w M e x ic o . A p p o in t e d f o r a th r e e - y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 , s u c c e e d in g H a l B o g le , R a n c h e r a n d F e e d e r, D e x t e r , N e w M e x ic o , w h o s e te r m e x p ir e d D ecem ber 31, 1 9 5 9 . Director of El Paso Branch Roger B. Corbett P re s id e n t, N e w M e x ic o S t a t e U n iv e r s it y , U n iv e rs ity P a rk, N e w M e x ic o . A p p o in t e d f o r a th r e e - y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 , s u c c e e d in g D. F. S ta h m a n n . C h a irm a n o f th e B o a rd a n d T re a s u re r, S ta h m a n n F a rm s, In c ., Las C r u c e s , N e w M e x ic o , w h o s e te r m e x p ir e d D e c e m b e r 3 1 , 1 9 5 9 . Director of Houston Branch A. E. Cudlipp V ic e P re s id e n t a n d D ire c to r, L u fk in F o u n d ry & M a c h in e C o m p a n y , L u fk in , T e x a s . R e a p p o in te d f o r a th r e e - y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 . This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) Director of San Antonio Branch John R. Stockton P ro fe s s o r o f B u s in e s s S t a t is t ic s a n d D ire c to r o f th e B u re a u o f Business R e se a rch , T h e U n iv e rs ity o f T e xa s , A u s tin , T e x a s . A p p o in te d f o r a th r e e -y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 , s u c c e e d in g C la re n c e E. A y re s , P ro fe s s o r o f E co n o m ics, T he U n iv e rs ity o f T e xa s, A u s tin , T e x a s , v /h o s e te rm e x p ir e d D e c e m b e r 3 1 , 1 9 5 9 . The B o a rd o f D ire c to rs o f th e F e d e ra l R eserve B a n k o f D a lla s h a s m a d e th e fo llo w in g a p p o in tm e n ts : Director of El Paso Branch Charles B. Perry P re s id e n t, F irst S ta te B a n k, O d e s s a , T e x a s . A p p o in te d f o r a th r e e - y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 , su c c e e d in g F. W . B a rto n , P re s id e n t, The M a r fa N a tio n a l B a n k, M a r fa , T e x a s , w h o s e te rm e x p ir e d D e c e m b e r 31, 1959. Director of Houston Branch M. M . Galloway P re s id e n t, First C a p ito l B a n k, W e s t C o lu m b ia , T e xa s . A p p o in te d f o r a th r e e -y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 , s u c c e e d in g I. F. B etts, P re s id e n t, The A m e ric a n N a t io n a l B a n k o f B e a u m o n t, B e a u m o n t, T e xa s, w h o s e te rm e x p ir e d D e c e m b e r 3 1 , 1 9 5 9 . Director of San Antonio Branch Dwight D. Taylor P re s id e n t, Pan A m e ric a n S ta te B a n k, B ro w n s v ille , T e xa s . A p p o in te d f o r a th r e e - y e a r te rm b e g in n in g J a n u a ry 1, 1 9 6 0 , s u c c e e d in g E. C. B re e d lo v e , P re s id e n t, The First N a tio n a l B a n k o f H a r lin g e n , H a r lin g e n , T e x a s , w h o s e te rm e x p ir e d D e c e m b e r 3 1 , 1 9 5 9 . Member of Federal Advisory Council I. F. Betts P re s id e n t, The A m e ric a n N a t io n a l B a n k o f B e a u m o n t, B e a u m o n t, T e xa s. A p p o in te d f o r th e y e a r 1 9 6 0 , s u c c e e d in g W a it e r B. J a c o b s , C h a irm a n o f th e B o a rd , The First N a t io n a l B a n k o f S h re v e p o rt, S h re v e p o rt, L o u is i a n a , w h o s e te rm e x p ir e d D e c e m b e r 3 1 , 1 9 5 9 . Y o u rs v e ry tr u ly . ROBERT J. SM ITH C h a irm a n o f th e B o a rd