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FED ER AL RESERVE BANK OF DALLAS DALLAS, TEX A S 75222 C i r c u l a r No. 77-1 J a n u a r y 3 , 1977 T O A L L M EM BER BANKS IN T H E E L E V E N T H FE D E R A L RESERVE D IS T R IC T : T h e Board of C o v e rn o rs of the F e d e ra l R e s e rv e System has anno unced the fo llo w in g appointm ents and d e sig na tions : C h a irm a n of th e Board and F e d era l R e s e rv e A g e n t, Federal R e s e rv e B a n k of Dallas IR V IN G A . MATHEWS C h a irm a n of the B oard a n d C h ie f E x e c u tiv e O f f i c e r , F ro s t B r o s . , I n c . , San A n to n io , T e x a s . D e sig n a te d C h a irm a n of the Board and F e d era l R e s e rv e A g e n t fo r the y e a r 1977, succeedin g John L a w r e n c e , P r e s id e n t, J . L a w re n c e , I n c . , M anagem ent C o n s u l ta n ts , D a lla s , T e x a s , whose te rm e x p i r e d D ecem ber 31, 1976. D e p u ty C h a ir m a n , Federal R e s e rv e B ank of Dallas C HA RLE S T . BEAIRD P u b lis h e r , S h r e v e p o r t J o u r n a l , S h r e v e p o r t , L o u is ia n a . R e d e sig n a te d D e p u ty C h a irm a n of the B oard fo r th e y e a r 1977. D ire c to r, F e d era l R e s e rv e B ank of Dallas M A R G A R E T SCARBROUGH WILSON C h a ir m a n of th e B oard and C h ie f E x e c u tiv e O f f ic e r , S c a rb ro u g h s S to re s , A u s t i n , T e x a s . A p p o in te d a Class C D ir e c to r fo r a t h r e e - y e a r te rm b e g in n in g J a n u a r y 1, 1977, s u cceeding John L a w re n c e . This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) - 2 - D ir e c to rs of El Paso B ra n c h A . J . LOSEE J O S E F IN A A . S A L A S -P O R R A S P r e s id e n t, Losee & C a rs o n , P . A . (a la w y e rs ' pro fe s sio n a l c o r p o r a t io n ) , A r t e s ia , New M e x ic o . A p p o in te d fo r a t h r e e - y e a r term b e g in n in g J a n u a r y 1, 1977, succeeding H e r b e r t M . S c h w a r tz , P r e s id e n t, P o p u la r D r y Goods C o . , I n c . , El Paso, T e x a s , whose te rm e x p i r e d Decem ber 31, 1976. E x e c u tiv e D i r e c t o r , Bl L a ngua ge S e r v ic e s , El Paso, T e x a s . A p p o in te d to f i l l the u n e x p i r e d p o rtio n of a t h r e e - y e a r te rm w h ich b e g an J a n u a r y 1, 1976, succeeding J . L u th e r D a v is , C h a irm a n of the B o a rd , Tu c so n Gas & E le c tr ic C o m p a n y , T u c s o n , A r i z o n a , who is no lo n g e r e li g i b l e to s e r v e since th e portion o f A r iz o n a fo r m e r ly assig ned to the E lev en th F e d e ra l R e s e rv e D is tr ic t was t r a n s f e r r e d to the T w e lf t h D i s t r i c t , e ffe c tiv e J a n u a r y 1, 1977. D ir e c to r of Houston B ra n c h JEROME L . HOWARD C h a irm a n of th e Board and C h ie f E x e c u tiv e O f f ic e r , M o rtg a g e and T r u s t , I n c . , Houston, T e x a s . A p p o in te d fo r a t h r e e - y e a r te rm b e g in n in g J a n u a r y 1, 1977, succeeding T . J . B a r l o w , C h a irm a n o f the B oard and C h ie f E x e c u tiv e O f f i c e r , A n d e r s o n , C layton & C o . , H o us to n, T e x a s , whose te rm e x p ir e d Decem b e r 31, 1976. D ir e c to r of San A ntonio B ra n c h P A T LEGAN In v e s tm e n ts , San A n to n io , T e x a s . A p p o in te d fo r a t h r e e - y e a r te rm b e g in n in g J a n u a r y 1, 1977, succeeding M a r g a r e t S c a rb ro u g h Wilson whose te rm e x p i r e d D ecem ber 31, 1976, and w ho was a p p o in te d a Class C D ir e c to r of the F e d e ra l R e s e rv e B ank of D a lla s , e ffe ctive J a n u a r y 1, 1977. T h e B oard o f D ir e c to rs of the F e d e ra l R e s e rv e Bank of D allas has made the fo llo w in g ap pointm ents: - 3 - D ir e c to r of El Paso B ra n ch GEORGE V . JANZEN P r e s id e n t, F i r s t C ity National B an k of El Paso, T e x a s . A p p o in te d fo r a t h r e e - y e a r te rm be g in n in g J a n u a r y 1, 1977, succeeding C . J . K e l ly , C h a irm a n of th e B oard and C h ie f E x e c u t iv e O f f i c e r , T h e F i r s t National B ank of M id la n d , M id la n d , T e x a s , whose term e x p i r e d D e ce m b e r 31, 1976. D ir e c to r of Houston B ra n c h P. K . S T U B B L E F IE L D P r e s id e n t, V ic t o r ia B a n k S T r u s t C o m p a n y , V i c t o r i a , T e x a s . R e ap p o in te d fo r a t h r e e - y e a r te rm b e g in n in g J a n u a r y 1, 1977. D ir e c to r of San A n to n io B ra n c h BEN R . LOW C h a irm a n of the B o a r d , F i r s t National B a n k of K e r r v i l l e , K e r r v i l l e , T e x a s . R e ap po inte d fo r a t h r e e - y e a r te rm b e g in n in g J a n u a r y 1, 1977. M em ber of F e d era l A d v is o r y C ouncil BEN F . LOVE C h a irm a n of th e B oard and C h ie f E x e c u tiv e O f f i c e r , T e x a s Com m erce B a n k , National A s s o c ia tio n , H ouston, T e x a s . R e ap pointe d fo r the y e a r 1977. S in c e r e ly y o u r s , C h a irm a n of the Board Directors of the Federal Reserve Bank of Dallas Effective January 1, 1977 Nam e Robert H. Stewart, III . . . C la ss Term Expiros Dec. 31 i A 1978 El a d e d by b a n k s in G ro u p O c c u p a t io n . Chairman of the Board, First International Bancshares, Inc., Dallas, Texas Frank Ju nell..................................... Chairman of the Board, The Central National Bank of San Angelo, San Angelo, Texas 2 A 19 77 G ene D. A d a m s ......................... President, The First National Bank of Seymour, Seymour, Texas 3 A 1979 Stewart O r t o n ............................... President, Foley's, Division of Federated Department Stores, Inc., Houston, Texas 1 B 1979 Thomas W. Herrick Cattle and Investments, Amarillo, Texas 2 B 1978 Gerald D. H i n e s ......................... Owner, Gerald D. Hines Interests, Houston, Texas 3 B 19 77 Irving A. M ath ew s......................... Chairman Chairman of the Board and Chief Executive Officer, Frost Bros., Inc., San Antonio, Texas Appointed by the Board of Governors of the Federal Reserve System C 19 77 Charles T. B e a i r d ......................... Deputy Chairman Publisher, Shreveport Journal, Shreveport, Louisiana Appointed by the Board of Governors of the Federal Reserve System c 1978 . Chairman of the Board and Chief Executive Officer, Scarbroughs Stores, Austin, Texas Appointed by the Board of Governors of the Federal Reserve System c 1979 . . . . M argaret Scarbrough Wilson