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F ederal

Reserve

Bank

OF DALLAS

Dallas, Texas, June 15,1945

To the Member Bank Addressed:

I am pleased to announce that at a recent meeting o f our
Board o f Directors, Dr. Watrous H. Irons was appointed Direc­
tor of Research for the year beginning July 1, 1945. Dr. Irons
is Professor o f Banking and Finance at the University o f Texas
and has been granted a leave of absence for one year by the
University in order to accept this appointment. As Director o f
Research, he succeeds Dr. James C. Dolley, who resigned on
May 15 to become Vice President o f the University o f Texas.
I am also pleased to announce that our Board of Directors
has elected Mr. E. H. Berg Cashier o f our El Paso Branch,
effective June 16, 1945. As Cashier o f the El Paso Branch Mr.
Berg succeeds Mr. Grover C. Page, who is being transferred
to the head office.
Yours very truly,
R. R. GILBERT
President

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