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7345845
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President announces the appointment of Dorothy Duke and Walter B. Williams as members of the Board of Directors of the Federal National Mortgage Association [Position Appointments and Resignations]
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doc
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document
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1
Source metadata
id
7345845
sourceUrl
contentType
document
title
President announces the appointment of Dorothy Duke and Walter B. Williams as members of the Board of Directors of the Federal National Mortgage Association [Position Appointments and Resignations]
citationUrl
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White House Press Releases (Ford Administration)
Press Releases
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7345845
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item
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day
24
logicalDate
1976-09-24
month
9
year
1976
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nara-archive
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1
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document
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c622ea788968cd3b
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Digitized from Box 31 of the White House Press Releases at the Gerald R. Ford Presidential Library
FOR IMMEDIATE RELEASE
SEPTEMBER 24, 1976
Office of the White House Press Secretary
THE WHITE HOUSE
The President today announced the appointment of two persons as members of
the Board of Directors of the Federal National Mortgage Association for terms
ending on the date of the annual meeting of the stockholders in 1977. They
are:
Dorothy Duke, of Northfield, Ohio, Consultant on Consumer
Affairs, National Forest Products Association, Washington, D.C.
She succeeds Jack Franklin Bennett whose term has expired.
Walter B. Williams, of Seattle, Washington, President,
Continental, Inc. He succeeds Elmer E. Rasmuson who
has resigned. Mr. Williams represents the Mortgage
Lending Industry.
All 15 members serve a term of one year and any of the members may be
removed from office by the President for good cause.
Public Law 90-448 of August 1, 1968, provided for the establishment of this
Association and provided for the orderly transfer from the Government to
private control which went into effect in May 1970.
The President and Vice President of the Association are selected and appointed
by the Board of Directors.
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