Mr. Jenner. Did you organize the company?
Mr. Stovall. No; this is the second generation of the company. The original founders disposed of their holdings about 3½ years ago.
Mr. Jenner. Disposed of them to you and your family?
Mr. Stovall. And several of our employees.
Mr. Jenner. And you have been with the company how long?
Mr. Stovall. Twenty-five years.
Mr. Jenner. That has been, I gather then, considering your age—your entire business career has been spent with Jaggars-Chiles-Stovall?
Mr. Stovall. Well, except while I was in the Navy and I worked summers while I was going to college.
Mr. Jenner. Where did you attend the university, by the way?
Mr. Stovall. I went to Texas Tech and SMU. I attended SMU at night and worked in the day.