G.H. King Jr. became a member of the Board of Governors of the Federal Reserve System on March 25, 1959. He was reappointed in 1960 and resigned on September 18, 1963.
Born in Oakdale, Louisiana, in 1920, King earned a bachelor’s degree from Louisiana State University in 1941. The following year, he entered active duty in the US Naval Reserve. In 1946, he was released to inactive duty, having risen to the rank of lieutenant.
That same year, King became treasurer of King Lumber Industries in Mississippi. In 1950, he was promoted to executive vice president, and in 1958 he became the company’s president. King’s service to the Federal Reserve System began a couple of years earlier, in 1956, when he was appointed director of the New Orleans branch of the Federal Reserve Bank of Atlanta. He served as the branch board’s chairman in 1958.
Although he worked in the business sector, King was heavily involved in farming. He started his own herd of purebred Hereford cattle in 1948, which were known as King Herefords. His cattle were exhibited at livestock shows, and in 1956, King was commended by the Mississippi legislature for his accomplishments in cattle breeding.
King and his wife had three children. His date of death is unknown.
Written by the Board of Governors of the Federal Reserve System. See disclaimer.