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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