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F ederal Reserve Bank of Dallas DALLAS, TEXAS 75222 Circular No. 78-1 January U, 1978 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 IRVING A. MATHEWS Chairman of the Board and Chief Executive Officer, Frost Bros., Inc., San Antonio, Texas. Reappointed a Class C Director for a three-year term beginning January 1, 1978. Redesignated Chairman of the Board and Federal Reserve Agent for the year 1978. Deputy Chairman, Federal Reserve Bank of Dallas CHARLES T. BEAIRD Publisher, Shreveport Journal, Shreveport, Louisiana. Redesignated Deputy Chairman of the Board for the year 1978. Director of El Paso Branch CHESTER J. KESEY Partner, Kesey Brothers Enterprises, Pecos, Texas. Appointed for a three-year term beginning January 1, 1978, succeeding Gage Holland, Owner, Gage Holland Ranch, Alpine, Texas, whose term expired December 31, 1977- This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 Director of Houston Branch GENE M. WOODFIN Chairman of the Board and Chief Executive Officer, Marathon Manufacturing Company, Houston, Texas. Reappointed for a threeyear term beginning January 1, 1978. Director of San Antonio Branch JOHN J. McKETTA, JR. E. P. Schoch Professor of Chemical Engineering, The University of Texas, Austin, Texas. Appointed for a three-year term beginning January 1, 1978, succeeding Marshall Boykin III, Senior Partner, Wood, Boykin & Wolter, Lawyers, Corpus Christi, Texas, whose term expired December 31, 1977. The Board of Directors of the Federal Reserve Bank of Dallas has made the following appointments: Director of El Paso Branch CLAUDE E. LEYENDECKER President, Mimbres Valley Bank, Deming, New Mexico. Appointed for a three-year term beginning January 1, 1978, succeeding Wayne Stewart, President, First National Bank in Alamogordo, Alamogordo, New Mexico, whose term expired December 31, 1977. Director of Houston Branch J. EARL WILLIAMS Director, Institute of Labor and Industrial Relations, University of Houston, Houston, Texas. Appointed for a three-year term beginning January 1, 1978, succeeding Seth W. Dorbandt, Chairman of the Board, First National Bank in Conroe, Conroe, Texas, whose term expired December 31, 1977* Director of San Antonio Branch JO HN H . GARNER President and Chief Executive Officer, Corpus Christi National Bank, Corpus Christi, Texas. Appointed for a threeyear term beginning January 1, 1978, succeeding Leon Stone, President, The Austin National Bank, Austin, Texas, whose term expired December 31, 1977* - 3 Member of Federal Advisory Council JAMES D. BERRY Chairman of the Board and Chief Executive Officer, Republic of Texas Corporation, Dallas, Texas. Appointed for the year 1978, succeeding Ben F. Love, Chairman of the Board and Chief Executive Officer, Texas Commerce Bank, National Association, Houston, Texas, whose term expired December 31, 1977* Sincerely yours, Chairman of the Board Directors of the Federal Reserve Bank of Dallas Effective January 1, 1978 Nam* Robert H. Stewart, III . . . . Class T«rm Expires D*c. 31 l A 1 9 78 2 A 1980 3 A 1 979 1 B 1 9 79 2 B 19 78 3 B 1980 C 1980 C 1978 C 1 9 79 El«ct«d by banks in Group Occupation Chairman o f the Board, First International Bancshares, Inc., Dallas, Texas Frank Ju n ell........................................ Chairman o f the Board, The Central National Bank o f San Angelo, San Angelo, Texas G ene D. A d a m s ........................... President, The First National Bank o f Seymour, Seymour, Texas Stewart O r t o n ................................. President, Foley's, Division o f Federated Department Stores, Inc., Houston, Texas Thomas W . Herrick . . . . Cattle and Investments, Am arillo, Texas G erald D. H i n e s ........................... O w ner, G erald D. Hines Interests, Houston, Texas Irving A. M a th e w s ........................... Chairman Chairman of the Board and A ppointed by the Chief Executive Officer, Board o f Governors o f the Frost Bros., Inc., Federal Reserve System San Antonio, Texas Charles T. B e a i r d ........................... Deputy Chairman M arg a re t S. Wilson . . . . Publisher, Shreveport Appointed by the Journal, Shreveport, Board o f Governors o f the Louisiana Federal Reserve System Chairman o f the Board Appointed by the and Chief Executive Board o f Governors o f the Officer, Scarbroughs Federal Reserve System Stores, Austin, Texas