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F

ed er a l

r e s e r v e

Ba

DALLAS, TEXAS

n k

o f

D

a lla s

75222
Circular No. 72-292
December 19» 1972

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

CHAS. F. JONES

Dean, College of Business Administration,
University of Houston, Houston, Texas.
Redesignated Chairman of the Board and
Federal Reserve Agent for the year 1973.

Deputy Chairman,
Federal Reserve Bank of Dallas

JOHN LAWRENCE

Chairman of the Board, Dresser Industries,
Inc., Dallas, Texas. Designated Deputy
Chairman of the Board for the year 1973»
succeeding Philip G. Hoffman, President,
University of Houston, Houston, Texas,
whose term expires December 31 * 1972.

Director,
Federal Reserve Bank of Dallas

CHARLES T. BEAIRD

President, Beaird-Poulan Inc., Shreveport,
Louisiana. Appointed a Class C director
for a three-year term beginning January 1,
1973, succeeding Philip G. Hoffman.

Director of El Paso Branch

ALLAN B. BOWMAN

President and General Manager, Banner
Mining Company, Tucson, Arizona. Reap­
pointed for a three-year term beginning
January 1, 1973.

Director of Houston Branch

ALVIN I. THOMAS

President, Prairie View A & M College,
Prairie View, Texas. Appointed for a
three-year term beginning January 1, 1973,
succeeding Geo. T. Morse, Jr., Vice Chair­
man of the Board and Chief Operating Officer,
Peden Industries, Inc., Houston, Texas,
whose term expires December 31 * 1972.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

- 2 -

Director of San Antonio Branch

PETE MORALES, JR.

Vice President and General Manager,
Morales Feed Lots, Inc., Devine, Texas.
Appointed for a three-year term be­
ginning January 1, 1973» succeeding
W. A. Belcher, Veterinarian and Rancher,
Brackettville, Texas, whose term expires
December 31, 1972.

The Board of Directors of the Federal Reserve Bank of Dallas has made
the following appointments:
Directors of El Paso Branch

REED H. CHITTIM

President, First National Bank of Lea
County, Hobbs, New Mexico. Appointed
for a three-year term beginning Janu­
ary 1, 1973» succeeding Archie B. Scott,
President, The Security State Bank of
Pecos, Texas, whose term expires Decem­
ber 31, 1972.

SAM D. YOUNG, JR.

President, El Paso National Bank, El
Paso, Texas. Reappointed for a threeyear term beginning January 1, 1973.

Directors of Houston Branch

BOOKMAN PETERS

NAT S. ROGERS

President, The City National Bank of Bryan,
Bryan, Texas. Appointed for a three-year
term beginning January 1, 1973, succeeding
W. G. Thornell, Chairman of the Board and
President, The First National Bank of Port
Arthur, Port Arthur, Texas, whose term ex­
pires December 31, 1972.
President, First City National Bank of
Houston, Houston, Texas. Appointed for
a three-year term beginning January 1,
1973, succeeding John E. Whitmore, Chair­
man of the Board and Chief Executive Officer,
Texas Commerce Bank National Association,
Houston, Texas, whose term expires Decem­
ber 31, 1972.

- 3 -

Directors of San Antonio Branch

RICHARD W. CALVERT

W. 0. ROBERSON

President, National Bank of Commerce of
San Antonio, San Antonio, Texas. Ap­
pointed for a three-year term beginning
January 1, 1973, succeeding Tom C. Frost,
Jr., Chairman of the Board, The Frost
National Bank of San Antonio, San Antonio
Texas, whose term expires December 31,
1972.
President, First National Bank at Browns­
ville, Brownsville, Texas. Reappointed
for a three-year term beginning January 1
1973.

Member of Federal Advisory Council

LEWIS H. BOND

Chairman of the Board and Chief Executive
Officer, The Fort Worth National Bank,
Fort Worth, Texas. Reappointed for the
year 1973.
Very truly yours,

Chairman of the Board

D irectors o f th e F e d e ra l Reserve B a n k o f D a lla s

Effective January 1, 1973
Elected
by banks
in Group

Class

Term
Expires
Dec. 31

Chairman of the Board and Chief Executive Officer,
First National Bank in Dallas, Dallas, Texas

1

A

1975

A. W. Riter, Jr.................................

President, The Peoples National Bank of Tyler,
Tyler, Texas

2

A

1974

J. V. K e ll y .......................................

President, The Peoples National Bank
of Belton, Belton, Texas

3

A

1973

Carl D. N e w t o n ..........................

Chairman of the Board, Fox-Stanley Photo
Products, Inc., San Antonio, Texas

1

B

1973

Thomas W . Herrick

President, Mesa Agro Inc.,
Amarillo, Texas

2

B

1975

Hugh F. S t e e n .................................

President, El Paso Natural G as Company,
El Paso, Texas

3

B

1974

Chas. F. J o n e s .................................
Chairman

Dean, College of Business
Administration, University
of Houston, Houston, Texas

A ppointed by the
Board of Governors of the
Federal Reserve System

C

1974

John L aw ren c e.................................
D eputy Chairman

Chairman of the Board,
Dresser Industries, Inc.,
Dallas, Texas

Appointed by the
Board of Governors of the
Federal Reserve System

C

1973

Charles T. B e a i r d ..........................

President, Beaird-Poulan Inc.,
Shreveport, Louisiana

A ppointed by the
Board of Governors of the
Federal Reserve System

C

1975

Occupation

N am e

Robert H. Stewart, III .

.

.

.

.

. . .