Save style of a text box MS Word 2007 or 2010
Create your text box, while the text box is selected, select the "insert" menu. click on the arrow below insert "text box" button. select "save to text box gallery". A box will come up, select your choices (i didn't change anything) and thats it.
When you want to insert your saved text box into a document, select the "insert" menu Click "Text box" Scroll down, you will find it at the very bottom.
Regards VJ