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Fay was born in [[New Orleans]], [[Louisiana]], to Charles Spencer Fay and the former Marie Dorothy Bel, hence his middle name. His father was an officer of the Southern Pacific Railroad. The family relocated to [[Houston, Texas|Houston]], where Fay graduated from San Jacinto High School. In 1935, he married the former Homoiselle Randall Haden (August 26, 1908 &ndash; February 6, 1990). They were the parents of three children, including Albert Bel Fay, Jr. (born 1945), of Houston, an active Republican  donor.​<ref name=bio/>
 
Fay was born in [[New Orleans]], [[Louisiana]], to Charles Spencer Fay and the former Marie Dorothy Bel, hence his middle name. His father was an officer of the Southern Pacific Railroad. The family relocated to [[Houston, Texas|Houston]], where Fay graduated from San Jacinto High School. In 1935, he married the former Homoiselle Randall Haden (August 26, 1908 &ndash; February 6, 1990). They were the parents of three children, including Albert Bel Fay, Jr. (born 1945), of Houston, an active Republican  donor.​<ref name=bio/>
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In 1936, Fay obtained a bachelor's degree in geology from [[Yale University]] in [[New Haven]], [[Connecticut]]. At Yale, he was commissioned an ensign in the U.S. Naval Reserve. During [[World War II]], he commanded a submarine chaser in the [[Gulf of Mexico]] and the [[Atlantic Ocean]].  Later in the war, he was advanced to the rank of first lieutenant while serving in [[Okinawa]].<ref name=bio/>​
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In 1936, Fay obtained a bachelor's degree in geology from [[Yale University]] in [[New Haven, Connecticut|New Haven]], [[Connecticut]]. At Yale, he was commissioned an ensign in the U.S. Naval Reserve. During [[World War II]], he commanded a submarine chaser in the [[Gulf of Mexico]] and the [[Atlantic Ocean]].  Later in the war, he was advanced to the rank of first lieutenant while serving in [[Okinawa]].<ref name=bio/>​
    
==Extensive business interests==​
 
==Extensive business interests==​
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==Running for Texas land commissioner==​
 
==Running for Texas land commissioner==​
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In 1962 and 1966, Fay was the unsuccessful Republican nominee for Texas land commissioner. In the latter race he won the endorsement of the [[AFL-CIO]] executive board. He lost both races to popular [[Democratic Party|Democrat]] Gerald Anthony "Jerry" Sadler (1907-1982), who once had [[Governor|gubernatorial]] ambition. In the 1962 campaign, Fay hailed [[U.S. President]] [[John F. Kennedy]] for signing into law the establishment of the Padre Island National Seashore north of [[Brownsville]].<ref name=bio/>
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In 1962 and 1966, Fay was the unsuccessful Republican nominee for Texas land commissioner. In the latter race he won the endorsement of the [[AFL-CIO]] executive board. He lost both races to popular [[Democratic Party|Democrat]] Gerald Anthony "Jerry" Sadler (1907-1982), who once had [[Governor|gubernatorial]] ambitions. In the 1962 campaign, Fay hailed [[U.S. President]] [[John F. Kennedy]] for signing into law the establishment of the Padre Island National Seashore north of [[Brownsville]].<ref name=bio/>
 
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In 1966, Fay supported President [[Lyndon B. Johnson]] in the establishment of the [[Guadalupe Mountains National Park]] in West Texas near the [[New Mexico]] border. Both acquisitions had long been strongly promoted by Democratic [[U. S. Senator]] [[Ralph Yarborough]]. Previously, Texas had only one national park: [[Big Bend National Park|Big Bend]] along the [[Rio Grande]] in the southwestern part of the state. Fay found himself allying with [[liberal]] Democrat Yarborough, whereas his opponent, Sadler, and the Texas Republican U. S. Senator [[John Tower]] were opposed to the additional park lands. Sadler took the view that the acquisition of lands from private individuals would mean less [[property tax]] revenues needed to provide the local share of financing of public schools as well as declining funds to the Texas Permanent School Fund.​
 
In 1966, Fay supported President [[Lyndon B. Johnson]] in the establishment of the [[Guadalupe Mountains National Park]] in West Texas near the [[New Mexico]] border. Both acquisitions had long been strongly promoted by Democratic [[U. S. Senator]] [[Ralph Yarborough]]. Previously, Texas had only one national park: [[Big Bend National Park|Big Bend]] along the [[Rio Grande]] in the southwestern part of the state. Fay found himself allying with [[liberal]] Democrat Yarborough, whereas his opponent, Sadler, and the Texas Republican U. S. Senator [[John Tower]] were opposed to the additional park lands. Sadler took the view that the acquisition of lands from private individuals would mean less [[property tax]] revenues needed to provide the local share of financing of public schools as well as declining funds to the Texas Permanent School Fund.​
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No Republican was elected land commissioner until 1998, when  David Dewhurst, later the lieutenant governor,  won the position. Dewhurst succeeded long-time Land Commissioner Garry Mauro of  [[Bryan, Texas|Bryan]]  in Brazos County, who had first been elected in 1982.​
 
No Republican was elected land commissioner until 1998, when  David Dewhurst, later the lieutenant governor,  won the position. Dewhurst succeeded long-time Land Commissioner Garry Mauro of  [[Bryan, Texas|Bryan]]  in Brazos County, who had first been elected in 1982.​
 
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