THE VIRGINIAN-PILOT  
              Copyright (c) 1994, Landmark Communications, Inc.

DATE: Friday, July 15, 1994                  TAG: 9407150541
SECTION: BUSINESS                 PAGE: D1   EDITION: FINAL 
                                             LENGTH: Short :   24 lines

DOMINION RESOURCES BOARD MEMBER RESIGNS:

One of the five directors of Dominion Resources Inc. who accused the utility-holding company of misstating a split among board members resigned Thursday as Dominion's vice chairman. In a letter to Dominion chairman and chief executive officer Thomas E. Capps, James F. Betts said he had accepted the post of vice chairman last April only to try to resolve a long-running dispute between Capps and James T. Rhodes, president and CEO of Virginia Power, Dominion's principal subsidiary. ``My motives have been impugned, misinterpreted and deliberately distorted,'' Betts said in his letter, referring to the way Dominion characterized the dispute among directors to state regulators. Betts, a retired insurance executive who joined Dominion's board in 1978, told Capps that he will continue to serve as a director. Dominion's 15-member board is to meet this afternoon in Richmond. by CNB