Microsoft Word 2003 textbox customization

I am using Microsoft Word 2003. This is the screen caption of my document. Notice the “text” inside Image 1 and 2 on how they differ from each other. On Image#1, I am using only one text box and inserted text inside. While on Image #2, I am using one text box for the border line and another text box for my text (content).
My question is, is it possible to come up with the same figure using only one text box in the same output with Image #2?

