Full text of Records of the Federal Reserve System, Record Group 82 : Boundaries of FR Districts: Texas Appeal, Box 274, Folder 2

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Federal Reserve Bank of St. Louis

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Federal Reserve Bank of St. Louis

Aprt1 21, 1916.

The First National Bank,
Canadian, Texar.
-)ear Sirs:Your letter of April 17th, asking that
the Federal Reserve Bonrd reconsider its decision
not to transfer you from District Vb. 11 to District
1;o. 10, was lnsid before the Board at its meeting
this morning.
Aftor careful consideration of your request
It was voted that the Board adhere to its decision
already communicated to you.
Very respectfully,

Governor.

D.J.YOU NG, PRESIDENT.
ROBERT MOODY,vicEpacst,
C.W. ALLEN, CASHIER.
THOS. F. MOODY,VICE pREST.
K.M.YOU NG, ASST. CASHIER.

6826

THE FIRSTNATIONALB
CAPITAL $100.000.00

2 0 1(316
OR'S orrY,73

SURPLUS $ 20.000.00

CANADIAN.TEXAS

April 17, 1916.

"r 2 Chas, S. Hamlin, Governor
Federal Reserve Board
4:ashington D. C.
3ir:Dedr
I have your favor of the 10th, inst, advising
me that the transfer of the banks of this section from the
Dallas to the Kansas City district WS not advisable.
The banks of this section interest d in this matter are very
much disappointed as it is much to their interest and convenience
to be in the Kansas City district,.
T

hwv- receivmd a number of letters from banks outside of the

counties asked to be transfered wanting us to stay in the
Dallas district, their principle argument being " State Pride."
You will of course agree with me when I say that " sentiment
cannot be considered in a business proposition ",
I trust you will reconsider your present decission.
Should the check col1ecti'Dn system be madecompulsory, so that
all checks on member banks be cleared through the Fedreal "eserve
Banks of their districts, it will m'ke it very hard on us as it
will be practically impossible for us to clear through lianas.
We are heartily in sympathy with the Federal Reserve Bank system and want to work in it but sentiment and everything else
of that nature needs to be laid aside when it comes to considering the best interests of the banks concerned.

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Federal Reserve Bank of St. Louis

Yours very truly

B3T„vo

•

fEctOM...

(Or l'ittit National
W II

FUQUA

PRESIDENT

FORD BRANDENBURG VICE PRES
R H

COLLIER

AMARILLOYEXAS

VICE P.

CHAS J E LOWNDES
J S CHESNUT T

CASHIER

RZCEIVED

CASHIER

pril 14, 1916.

APR 1 7 1916

oovhfoitows OFFICE

Gentlewen:

We are in receipt of your valued courtesy of
the eleventh instant, with reference to one of the banks in
this section desiring to be transferred from the Dallas to
the Kansas City district, and wish to thank you for the information, as well as to state that we heartily and unreservedly
indorse the action of the Board in declaring the chanre inadvisable.

FEDERAL RESERVE BOARD,
WASHINGTON,

D. C.

Honorable Charles S. Hamlin, Governor.

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Federal Reserve Bank of St. Louis

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Federal Reserve Bank of St. Louis

'
April 14, 1916.

The Pirst Vational Bank,
Ochiltreo, Texns.
Dear Sirs:Your letter of ;,pril 13th, stating that you
wish to withdraw your petition to be transferred from
the Federal. Reserve Bank of Dallas to the Federal
serve Bank of Kansas City, is received.
Mere is enclosed herewith copy of a letter
which was =lied to you on April 11th from which you will
note that after consideration of the matter the Board
determined not to mate any changer; at this time.
Very respectfully,

Assistant Secretary.

N-4 ILE

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Federal Reserve Bank of St. Louis

UOARD

FEDERAL RESERVE BANK

2
.
/02

OF DALLAS

RECEIVED

1 ri'67-6
GovurtNows
APR

OFFICE

APRIL 14, 1916.

Hon. C. S. Hamlin, Governor,
Federal Reserve Board,
Washington, D. C.
Dear Ur. Hamlin:
Receipt is acknowledged of your
instant, advising that the
the
11th
letter of
one of the banks in the Panhandle
from
recent request
section of Texas to be transferred to the Federal
Reserve Bank of Kansas City had been duly considered
by the Federal Reserve Board, and the decision reached
that no action would be taken at this time.
It is a source of much pleasure and
satisfaction to all of us to know that the Board has
taken this action, and I thank you for your advice.
Very truly yours,

Chairman of the Board.

F. P. ROGERS.

PRESIDENT
VICE PREs.-1-

JNO. N. STUMP.

JAMES D. WAN. CASHIER
CARRIE E. WHIPPO.Ass-r

CASHIER

No. 8769

THE FIRST NATIONAL BANK
CAPITAL & SURPLUS. $40.000.00

OCHILTREE, TEXAS

April 13, 1916.

Federal Reserve board,
Washington,

D. C.

Gentlemen:—
On the 30th. Ult. we send ru a letter with
reference to our transfer to the Kansas City district
from the Dallas District.
We would respectfully withdraw pup7petition,
for, after a thorough investigation of the matter, with
our Directors, and other bankers in this vicinity, we
believe it will be to our advantage to remain in the
District where now located.
We would, therefore, ask that you kindly
not transfer us to the Kansas City District, as ire.
would perfer to remain in the District where we are
now located.
We are very proud of the record of the
iederal Reserve Bank at Dallas, and our our business
transactions have been more than satisfactory.

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Federal Reserve Bank of St. Louis

Very respectfully yours,

RECEMOD
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FEDERAL RESERVE BANK OF KANSAS aiTY'

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Federal Reserve Bank of St. Louis

- -

TENTH DISTRICT

iriec• ED
A
'60V

April 13th, 1916.

Hon. Chas. S. Hamlin,
Governor, FEDERAL RESERVE BOARD,
7ashington, D. C.
My dear Gov. Hamlin:--

I have your advice of April 11th that one
of the banks in the Panhandle District of Texas
has made application to be transferred to the
Federal Reserve Bank of Kansas City, and that
careful consideration of the desires of all banks
in that particular section has been made, but
that the Board has decided to take no action in
the matter at this time.

Very truly yours,

MAT—B

Federal Reserve Agent.

EDMIL;Zt.'16-701i

r
ITS

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Federal Reserve Bank of St. Louis

j3
.

April 11, 1916.

Nationnl Badc,
Dalhart, Texas.
Der Sirs:
As you have been infor:Iod, a request wav rew,
contly rocolved from onc of the banks in yoar section
to ho tranzferrad from the Yeaeral Resarve ink of
Dallas to th6 Peaoral licserve Bank of Zancas City.
nis mt..t'cor rat-. Investientod by a mambor of
the !im,rd who made a ca-roful mr..rn.r.13 of the (.ores of
Vat; bral;ts in yclar cection.

mc u.;.b,joct

to, the T'oderal ner:crve r3o.rct at itc
morninc of
of ti

10,

•tpon

7.-ar)

.t..,•,mn up

or. the

ror.ort of th

r rvalt

iirIvE,ntation, it was agrcbd to be inadvisablo

to mIke ay okungo•

Sovornor.

FILE/

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Federal Reserve Bank of St. Louis

Apri.1 U, 1916.

•

Nationta Bali< of Come rce
Amari llo, Texas.
Dear 3ir 81
you Inve Soon inforrne.,:,, a request wt.ts re—
cently received from one of tho banks in your section
to be transferred from the Feleral Reeorve Bank of
Dallas to the 2oderal rteHervo Jkzik of l'fireas City
This ratter was invosti z!ated by a mariber of
the Board who made a earful c*.vaso of tho desires of
t:aoba3 11.1 yot,ir suctiun.

Tho abject was tat:or up

by tho Pedoz.ti liesfa-vo Joard at its ianotiag on the
no.calak; ot April 10, a.ixl upon a rcport of tio result
of tAis invosti;ation, it 7/ao agreed to be inadvisable
to n10.403 any sho.nuos
Res Qeottally

Goya*no r•

BOARD FTITI
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Federal Reserve Bank of St. Louis

I
April 11,

—7-fil;LiT17;;;;;;TID FILE/

1916.

Liar illo National 3anko
Amarillo, 2ox3s.
Dear Sirs:
As you have been "Informed, a requost was recontly received from one of the bani:s in your section
to be transfrred from tho Federal Resarve aank of
Dallas to tr.° 2odera1 'Reserve Dank of Yansas
ni
the Beezd

zittor was investigated by a number of

no made a carcful colvaes or th.13 deircs of

r:ari%o in your z;ootion.
by

subjoct wal) taimn up

17,eservo Leard at its rloeting on the

mornlk; of 4r1l 10, .-;nd upon a report of tho

of this invesidation, it was agroed to be inadvinable
to maiile any diani;o4,
Respect1't,12,y,

Governor.

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Federal Reserve Bank of St. Louis

FEDEKAL I-3EZ-tRVE
[tOARD F)LEI

April 11, 1916.

First :National Bank,
Texas.
Dear L,irs:
As you have been infornlod., a rocpost was ro—
ccaltly ecelvod from one of' the banks in your section
to he trartsferred from the Federal Reserve 3arkk of
Dallas to the Federal :eserve Bank of ;C:ansas City.
hit tatter ikao invostir:Ated by a mernber of

!Ioard 1414) made a ec.reful c,....Irriass of the desires
of tho bimite in your

bOCtiOn•

.21x
r

subject vic,s taken

up by the Fedora? Ileserve hoard at its nientin-, on the
c.iorr.ing of :4)/11 10, :Ind upon a report of the result
of this investigation, it was agreed to be inadvisable
to make am change.
Respectfully,

lovernor.

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Federal Reserve Bank of St. Louis

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4
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V:LtrOAL VIAL,t'lE NOD
\
11
12:

April 11, 1916.

Dear Sir:
As you have been infanmecl, a request vas
re-

cently received by the 7cderal Eeserve

Tcard from one

Of tao banks in the Panhandle district of
Texas to
bo transferred to Ulo Federal Roerve
3:szk of Kansas
City.
Consiiieration has been given to this request,
and a careful investigation of the desIros
of all 1:.0
banks in that particular section made
.

Upon a report

made to tho Board yesterday, it vas decided
that AD
action vJould at this time bu tdoin in the
matter.
decision is sent to you for your tnfarmti
oa.

The

banks have bean informed.
ospectnally,

:3-ovornor.
?. Ransey,
Chairman, Board of Diroctorsic
Federal ileservo an'Arz of Dallas.

Thls

Rf,-.:tilVE
-11-'
0-ARD
-)

11S

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Federal Reserve Bank of St. Louis

•

April 11, 1916.

First rational Bank,
Texline, Texas.
De-as ;1•Its:
As you have bean informed, a request was recently received from one of the banks in your section
to be transferred from the Federal Reserve Bank of
Dallas to the Federal Reserve Bark of Kansas city.
This matter vas investigated by a member of
the Board who made a careful canvaEs of the des5re6 of the
bas in your Llection.
Federal losarve

The subject wat; tat up by the

3clard at its Lieetin6' on thk, mornin6

of April IU, and upon a report of tZic result of this investigation, it was agreed to be inadvisable to mace any
change.
RooFectfully,

Governor•

FILE

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Federal Reserve Bank of St. Louis

EVEN L

11pri1

11,

Li:at-41171/E 30ARD
FILE

1916.

C1tize2:3 ltationol Bank,
:an•
'.:e:,
1:11
Dear ..J.rs;
As you h..ave zoen inform:U., a request was re-,
oently re.leivocl. from one of the .ban;ce in your section
'ue tr:alsferred from the Fnricral 2eserve
Da11a6 to tie ?i...cieral I:eserve 13anIc of

XaM15a 3

City.

his matter was inyostigt,tted by a rn(trwer of
tho 1.3o6ril wrorata° a carefal canvass of t e desires of
btal4s in your soctiot.
by the Pederal

tr V0

The rbject was tp:ezen up

Oar(1 at

its rieetinc: on the

morning of April 10, ar.t upon a report of th9
of this investiF.71,tion, it zan ap,Teel to be inadvisable
to make any ch an cps
Respectf,...11y,

GOV0rt101"•

Pf.:".fRVE DOARD FILE
/

113

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Federal Reserve Bank of St. Louis

April 11, 1916.

First National Bank,
Pampa, Terns.
Dear '61rs:
As you have been informed, a request v:as recently rcceived from one of tile banks in your section
to be transforrod fm tho Federal :':oservtl Barik of
Dallas to the Feeral Roaerve iianiik of Mamas City.
This matter was irvestic,ated by a munbor of
the Board who made a careful e:mvass of the desires
of the banks in your section.

The aubjet was takon

up by /the Federal Recerve Board at its mectinc on the
mornint7 of April 10, and upon a rcpert of the result
of this tavcstif7Ltion, it was agreed to be inadvisaidle
to make aay change.
Rasp eatful

Governor•

•
/%;414

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Federal Reserve Bank of St. Louis

L-LE:11tAL • ri47*-'11

L',.3ARD
I•

-tpril 11, 1916.

Dear LUr:
As you have been informed, a request was re—
cently received. Dy Lao :,ederal Reserve Board from one
of the baniu.;

tIleP

iin4le iistz.ict of Texas to

be transferred to the l''ederal

eve Bank of '";:a-I.S.J.13

City.
6cn..ilderat ion has been ;Tiven to this request,
and a careful ii.,vestiTitir,n of ,-..t1c do!iirol of all the
bani:
, s in that pz-Articular section made.
made to the fioard

Upon a report

esterciay, it was decided that no

action would. at taij time be taken in the matter.
decision is sent tGz;oil for z'our iLformation.

"2ho

barks have boon Informed.
Respectfully,

t.lovorncr.

I. 3awyor•
Chairman, 'loard of Directors,

ii'. C.

Pederal Reserve Bank of Kansas City.

'2his

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Federal Reserve Bank of St. Louis

April 10, 1316.

3ank,
Oitizan
RifTtns, Texas.
Dear sirs:
An you have been inormed, a request was re—
cently

ceivod from on

of 1:hi ban::s in yolx section

to be transferred from the Federal Reserve Bank of
Dallas to the Yedoral Reserve BanX of ?:lasas Oitv.
This molter waz inveetiod by a inelaber of the
Board via°

Maria

a careful canvass of the desires of the

.uanks in you section.

The slbject was taken up by

the 1,edera1 loserve nerd at its moetint; tnis morning,
and upon a report of ti result of this investigation,
it was agreed to be inadvisable to m:,e any change.
Respectfully,

Govemor.

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Federal Reserve Bank of St. Louis

L't4- AL

April 10, 1916.

First National Bank,
Oanudinn, Toxar.I.
Dear Sirs:
Your lettor of ':,.:firch

requesting that, for reason/3

stated, :70121.- momb;n*Wlip in the ‘2odera1 Reserve .*Tlf.3.n•l: of
Dallas 'je transferl.od to t.11-3 foderal aoservo Banir. of Kansas
City, which v..as acknowlodged on :ch 25, wt:.,s today given
consideration bT the 5oar, and the decision reached that to
t- 'ant your request was at this time not exlvisnhle.
Your letter viann received was referred to a member
of the Board who has rvt.de a careful investigation of your requoat, and a csnvass of other banim. in yo..:t'r innecliato vicinity
to learn their wishes.

The action today ta1:en I.ras based

upon, thin inventigations
Very respectfully,

Governor.

•
•11), FIL

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Federal Reserve Bank of St. Louis

IffEt.i7iVE

22 5_13
e

April 10, 1916.

Dear '-3
. ire;
As you have been infcrmed,a request was receLtly received from one of the bats in your section
to ue transferred from tae Federea Reserve Barx of
Dallas to tile Federal lieserve Bank of Zansas Cilty•
This matter .was investir
:ated by a member of the
Board

A.,tio

made a careful canvass of +kir, desires of the

banks in your oection.

The subject was takan up by

t'a) Federal :.- Loserve 13.(1 at its meetini7 this morning,
3id upon a report of the result of this investifsation,
it was a(.7ood to be inadvisable to make any chance.

nespec

Governor.

First National 3unkl,
Och iltree, '2exas.

aoRiio FiLE

4110

1,t1

FILE

FEDERAL RESERVE BOARD -I
WASHINGTON
April 8, 1916.

TO THE. FEDERAL RESERVE BOARD:
In the matter of the suggested transfer of certain banks
in the Texas panhandle from Federal Reserve district Number 11
to district Number 10, I submit herewith replies that have been,4
received from nine of the ten member banks in that section. Four
of the banks express a desire to be transferred.
remain with the Dallas district.

Five wish to

One bank has not replied.

The wishes of the four banks desiring to be affiliated with
the Federal Reserve Bank of Kansas City could be met by a transfer
of four counties, forming approximately a square in the extreme
northeastern part of the pantandle;

but, in view of the small

interests involved and for the reason that the banks do not appear
to be greatly inconvenienced by being obliged to carry reserve
accounts in Dallas, I recommend that no action be taken by the
Board.
State pride in Texas has developed to an unusual degree.
Foreign corporations doinp- business in Texas have been compelled
to become domesticated by securing charters under the laws of
Texas, and all movements to divide the State politically into
three or more states, have been overwhelmed by public opinion.
The transfer to another district of even a single county in Texas
would cause resentment throughout the State and would, in my opinion,
arouse sentiment against the Federal Reserve System which could

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Federal Reserve Bank of St. Louis

_2_

not be offset by the convenience that might accrue to the particular bank or banks transferred.

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Federal Reserve Bank of St. Louis

W. P. G. HARDING.

•

416- EDF:',*1

• `..",
1:f r
LJ;JiL.

0.J.YOU NG, PRESIDENT.
THOS. F. MOODY,vice.PREST.
K. M.YOU NG, ASST. .EASHIER.
ALLE N,cAstifER.
T.E.BUCHNER,AssT2cAsHtER.

0826

THE FIRSTNATIONAL IIIANFL
CAPITAL $100.000.00

SURPLUS $20.000.00

March 31, 1916.

CANADIAN,TEXAS

Mr, W. P. G. Harding
Federal Reserve Board
“ashinEton D. C.
ft
Dear Sir:have your letter of the 27th, inst, and note

contents.

We consider it to be to our material interest to

be placed in the Kansas City Federal Reserve Bank district in
place of Dallas.

Banks located on the Santa Fe rail road from

Pampa in Gray County Texas have no direct communication by rail
with Dallas.

Mail leaving Canadian at 3-25 P. M. reaches

Kansas City 1:0, the next morning at 7-50, practically twelve
hours.

_ail leaving here for Dallas cannot possibly reach

there for consideration until the second day.
A very large percentage of the business of this section of the
country is done through Kansas City and our principal balances
are kept there in order to meet eastern demands.
It is simply impossible for us to join

the clearing system

through the Dal]as Federal A serve Bank.

A large majority

of the checks on this bank sent us for collection or payment
by the banks in the state of Texas bear out of state endorsments,
therefore if these checks were cleared through Dallas we would
continually have to make transfers from Kansas City in order
to keep our reserve deposit intact.
For the same reason it is impractical for us to rediscount with
the Dallas bank on account of our having to transfer this money

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Federal Reserve Bank of St. Louis

D. J.YOU NG, PRESIDENT.
TKOS, F. M000Y,viCEPRE5T.
KM YOU MG, ASST. CASHIER.
C.W. ALLE N, CASHIER
T.E.BUCKNER,Ass', CASHIER.

0826

THEFIRSTNATIONALBANK.
CAPITAL $100.000.00

SURPLUS $ 20.00000

CANADIAN,TEXAS

to Kansas City or New York before we could get action on it and
the delay would cause us embarrassment at times beside the additional cost of making the transfer.
The transfer of this section of the Panhandle to the Kansas City
district would be of material benefit to the banks beside facilitating the prompt transaction of business with

the li ederal

Reserve Bank.
would suggest that the following counties he transfercd,
Hansford, Hutchison, Ochlltree, Roberts, Gray, Lipscomb,
Hemphill and Viheeler.
Trusting you may be able to give favorable consideration to
this, I am,

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Federal Reserve Bank of St. Louis

Yours w'ry truly

HENRY FRASS,PRESIDENT
A.R.K IN°, VICE PRESIDENT
T.H.BLAC K, CASHIER
L.C.KELLEY, ASST.CASHIER

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Federal Reserve Bank of St. Louis

NO.8249

ATIONAL
CAPITAL

Ii3e

SURPLUS $ 45 000 99

H I GG I N S,TEXAS

FED.7aAL N:a-:tRVE
BOARD FILE
- 7 es`t
0
---."...r......
`
---------

March 31, 1916.

Federal Reserve Board,
Washington, D. C.
Gentlemen:Replying to your letter of March_ 27thi/
relative to being transferred to the -Federal
Reserve District of Kansas City, wish to state
that it would be to our interest to be transferred
Being located, as we are,
to this district.
it would give us better mail facilities since
a greater amount of our products are shipped
At least fifty per cent. of our
north.
products are cattle, all of which are shipped
north, and at least four-fifths go to Kansas
City Markets.
Yours very truly,

THE

'.•

C. S. BINGHAM, PRES.

•

G. G.WRIGHT,JR. Vice PRES.

J. E. McAVOY, CAsH

10782

Wirt

narch 31,

Federal Reserve Board,
*Al,shington, D. C.
Gentlemen;I
In reply to your inquiry of the 27th T,%e wish
to state that we are very wellsatisfied v,ith the present arrangement as we get credit twenty four earlier that when we
send items to Kansas City. The time tables of the railroads
at present give us much faster service of the mails to Dallas
that Kansas City as statedabove there is about twenty four
hours difference in favor of Dallas.
Yours very truly,

(

Vice P

sid

w/w.

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Federal Reserve Bank of St. Louis

6
Aeli

,:;16

N. DUNCAN. VICE-PRESIDENT
J. R. HENRY. VICE•PRESIDENT

•

T. D. HOBART. PRESIDENT

•

B. E. FINLEY, CASHIER
DELEA VICARS, ASST CASHIER

- e. •

No. 9142

TH E

VTR ST NAT I0NAL BAN K
CAPITAL, $25,000.00

SURPLUS. $25,000.00

PAM PA,TEXAS

March 31st, 1916.
Federal ileserve Board,
'ashington, D.C.
Gentlemen:Replying to your inquiry of the 27th,
inst, wherein you ask if we wouldprefer to be
changeu from the Eleventh Federal Reserve District,
Dallas, Texas to some other one, we wish to say
that we would like very much to be transferred to
the Tenth District, Kansas City for the following
reasons:
Te can transact business here up until
2 o'clock P.M. and forward to Kansas City and the
following morning, that business is taken up and handled
immediately. Our train service has been just about like
this for the past ten years.
By sending to Dallas, our transactions
leave here at 9 P.M. and do not reach Dallas until the
second day following. For example, we forwarded business
to Dallas larch 27th end received returns to-day, March
31st.
Further, Kansas City is our naturdU outlet.
All our business goes that way, cattle and hogs go to
Kansas City and our people have always dealt with Kansas
City ilerchants on account of the quick service and satisfactory settlements.
Our business relations with the Federal Reserve Bank of Dallas have been most satisfactory and pleasant and we are very sure that we get the quickest service
they can render, but railroad connections are unfavorable.
In going to Dall3s several changes are necessary. In going
to Kansas City no changes in railroad traffic as we are
on the main line of the 1—T & S. F southwest.

St/
44/

•

If we can be transferred to Kansas City, we
would be much pleased to ma,
:e the transfer for the reasons
stated above, bu t we have no complaints whatever to offer
_ 1-\'"3 against the Dallas Bank.
Yours truly,
!
The First National Bank

ps'KW
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APR 3 idi6

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Federal Reserve Bank of St. Louis

W e x
46A1

8.4/

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Federal Reserve Bank of St. Louis

111
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FUQUA

FO RD BR

ifif4 Nationalt
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Pncsioihs,

DANENBURG VICE PR.

ilVE 150AD iTd.

AmmtimollaAs March

R H COLLIER VoccPREs
CHAS J E LOWNDES CASHIER
J $ CHESNUTT

ASST CASHIER

Federal Reserve Board,
Washington, D. C.

For Attention of Mr. W.P.G.Harding.

Dear Sir:Replying to your letter of the 27th, asking if we
are satisfied to remain attached to the Federal Reserve Bank
at Dallas, or if we prefer to be transferred, beg to say,
that we are so well satisfied and pleased with the trend of
our business at Dallas, that we prefer to remain in the Dallas
district.
Very respectfully,

Vice President.

FB/k

/31

•

w.N.STONE, orrEstocNT

E.T. ADAIR. CASHIER

6762

CAPITAL $75,000.00

,W T S K RETZ, VICE PpEsT

SURPLUS $25,000.00

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Federal Reserve Bank of St. Louis

Dalliarl,Texas
March 50th, 1916.

Hon. W. P. G. Harding,
Member Federal Reserve Board,
Washington, D. C.
Dear Sir:
In answering yours of the 27th inst., will say
that the location of our membership in the Eleventh District
at Dallas is highly satisfactory and, in fact, we feel that
we would be at a slight disadvantage if we wwre in any other
District. We cite below a few of the advantages and disad—
vantages that we would be subjected to, if changed:
In the transaction of our business, it becomes
necessary to ship quite a large amount of currency by in-,
sured registered mail within the course of a year, the rte
to Dallas on insurance of currency is .150 per M, while the
rate to Kansas City is twenty cel:ts, thereby making a difference of .050. per M.
The paper that we have to offer for rediscount
is made up solely of cattle—paper and me feel that the Board
of Directots of the 11th District, which is made up of men
rho are thoroughly conversant with conditions in this terri—
tory, are better qualified to judge our offerings than a
Board residing outside of the State.
The Eleventh District Bank has been able to meet
all expenses and pay a dividend, even tho' their accomodations
in the way of shipping currency and parring items have been
very liberal, which is very much of an asset in their favor,
With reference to mail facilities, will say
that we can mail remittances, and other matter, from this
point on afternoon train, same reaching Dallas the next morn—
ing, equal mail service in opposite direction being available.

"RESIDENT

•

E.T. ADAIR, CASHIER

.W.T S KRETZ, vicc PREST.

•
676 2

,1;1"101111111MMINIM

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Federal Reserve Bank of St. Louis

CAPITAL S73,000.00

SURPLUS S25,000.00

Dalhart,Texas
W. P. G. H. - 2

With reference to keeping balances in Kansas City,
will say, it is also necessary for us to keep balances in
New York, Chicago, Kansas City, and Ft. Worth all of which
accounts we deem necessary and would continue to maintain
the balances with these points, regardless of where Sur
Reserve Membership might be.
In closing, will say, that we are In Texas, with
Texas and for Texas first, last and all the time and would
so like to remain.
Very truly y

ce-Prosiaent.

F. P. ROGERS'. PRESIDENT
JNO. N. STUMP. VICE PRES'T

JAMES D. WAN. CASHIER
CARRIE E. WHIPPO,ASS'T CASHIER

No. 8769

THE FIRST NATIONAL BANK
CAPITAL Be SURPLUS, $40.000.00

OCHILTREE, TEXAS

March 30, 191G.

Federal Reserve Board,
Washington, D. C.
Gentlemen:-We are in receipt of your communication of the
27th. inst. relative to our being located in the Dallas
District.
We would very much perfer to be transferred
to the Kansas City District.

Kansas City is our clearing

point, mail service is better, and are funds are kept in
Kansas City and none in Dallas, except with the Federal
Reserve Bank.
We have always considered Kansas City a logical
center for our finincial transactions, and we very much hope
that a transfer to this District can be made eserve bank

Our relations with the Federal

at Dallas have been very satisfactory, however, we feel
that a change will be a big advantage to

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Federal Reserve Bank of St. Louis

us.

Very truly yours,

iLl

if(

C
,

AP tt

2-- 1016

FEDERAL E.

jOARO FILE'

NO. 6565

THE NATIONAL BANK OF COMMEME
R. F. SULLEN BERG ER, PRES.
M. C. NOBLES, VwK-Pitn...
E. W. ITAR DIN, Ywic-PnEs.

CAPITAL AND SURPLUS $150,000,00

A. J. MOTINNON. CA slum:
J MTN W IIEATIILEY, Ass.r.
F. W. 110111F.IITROV,""AssT. CA sir

AMARILLO, TEXAS

March 30th. 1916.

Hon. Federal Reserve Board,
Washington, D. C.
Dear Sirs:Replying to your letter of
March 27th asking whether we are satisfied to mmain attached to the Federal
Reserve Bank at Dallas, .or if we would
prefer to be attached to the Kansas City
Bank, we beg to say:
We would prefer to remain attached to the Dallas Bank, and trust that
no change will be made, so far as we are
concerned. *
Very sincerely yours,

SFS/MC

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Federal Reserve Bank of St. Louis

President.

La-

AVii 3 103

•

B. T. WARE. PAcsion,

W. M. LAY, VICE PRESIDENT

W. H.CH it-C. -EPS, A.CASIIIF R

'
C. L.WARE,VicE PRES/DEN,

FRANK B. SALTER,

No. 4710.

CHAS. T. WARE, CASHIER

R. C . WARE , ASST.CASHIL
.0..........•••

TARA
CAPITAL S 100,000°9 SURPLUS & PROFITS S 100.000°9

AMARILL0, EX*S
1
04
0,gosi
-TO

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Federal Reserve Bank of St. Louis

March 30th., 1916.

Federal Reserve Board,
Washington, 1).0.
Gentlemen :

Replying to your letter of March 27th., File 593,
beg to advise that we prefer to remain attached to the
Federal Reserve Bank, of Dallas, Texas.

-,() feel that the

Dallas branch is in closer touch with the affairs in this
section, and being closer than the Kansas City Bank, we
have better mail facilities.
Yours very truly,

Cashier.
CTU:CG

.......f,

)

FiL

•

EX-OFFICIO MEMBERS
WILLIAM G. McADOO
SECRETARY OF THE TREASURY
CHAIRMAN
JOHN SKELTON WILLIAMS
COMPTROLLER OF THE CURRENCY

FEDERAL RESERVE BOARD

2
/
CHARLES S. HAMLIN, GOVERNOR
FREDERIC A. DELANO, VICE GOVERNOR
PAUL M.WARBURG
W. P. G. HARDING
ADOLPH C. MILLER
H. PARKER WILLIS, SECR:TARY
SHERMAN P. ALLEN. ASST. SECRETARY
ADDRESS REPLY TO

WASHINGTON

FEDERAL_RESIERVIE BOARD

March 27, 1916.

Dear Sirs:
One of the banks in your section of the Federal
Reserve District of Dallas has written to the Federal Reserve Board stating its desire to be transferred to the Federal Reserve District of Kansas City, urging as the reasons
for such transfer; geographical location, better mail facilities, and the necessity for carrying balances in Kansas City,
Will you please advise me whether you are satisfied
to remain attached to the Federal Reserve Bank of Dallas or
if you would prefer to be transferred, if this can be done?

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Federal Reserve Bank of St. Louis

Very truly yours,

RE.317.1?...v't1 8€14
s. ,11. ..0

Ex-Orpecto Mementos
WILLIAM G. McADOO
SECRETARY OF THE Tekeesu
CHAIRMAN

FREDERIC A. DELANO. VICE GOVERNOR
PAUL M. WARBURG
G. NARDI G

c...

JOHN SKELTON WILLIAIr
'
.
COMPTROLLER OF THE U Rene

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Federal Reserve Bank of St. Louis

FEDEIRA I_ RESEIRV E BOA D

_
sat RYAN ALLEN. ASST. SECR

ART

ADDRESS REPLY To

WASHINGTON

FEDERAL.RESERVE BOARD

:larch 27, 1916.

Dear Sirs:One of the banks in your section of the Federal
Reserve District of Dallas has written to the Federal Reserve
Board stating its desire to be transferred to the Federal
Reserve District of Kansas City, urging as the reasons for
such transfer; geographical location, better mail facilities,
and the necessity for carrying balances in Kansas City.
Will you please advise me whether you are satisfied to remain attached to the Federal Reserve Bank of Dallas
or if you would prefer to be transferred, if this can be done?
Very truly yours,

s'N

First National Bank of Texline,
' Texline, Dallam Co., Texas.
First National Bank,
Dalhart, Dallam Co., Texas.
Amarillo National Bank,
Amarillo, Potter Co., Texas
First National Bank,
Ochiltree, Ochiltree Co., Texas
First National Bank,
Pampa, Gray Co., Texas.
Citizens National Bank,
Higgins, Lipscomb Co., Texas.
First National Bank,
Higgins, Lipscomb Co., Texas.
First Nationa-1 Bank,
Canadian, Hemphill Co., Texas.
1st National Bank,
Amarillo, Potter Co., Texas.
National Bank of Ccamerce,
Amarillo, Potter Co., Texas.

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Federal Reserve Bank of St. Louis

Yarch 25, 1916.

The 'first national Bank,
Canadian, Texas.
Dear Sirs:Your letter of Maroh 22nd, asking if it
is not possible for your Bank to be transferred
from the iederal Reserve District of Dallas to the
Federal Reserve District of ;ansas City, is received.
Your letter will be promptly brought to
the attention of the Yederal Reserve Board.
Ver,y respectfully,

Assistant Secretary.

FED.L5AL

NAD FILE .

D.J.YOU NG, PRESIDENT.
THOS. F. MOO DY,vicE PREsr.
M.Y0 U NIG. ASST. CASHIER.
C.W. ALLE N,CASH,ER
T.E.BUCKNER,ASST. CASHIER,'

'2
THEfiRS'TNATIONALBANK_
0826

/410
/

CAPITAL $100.000.00

SURPLUS $20.000.00

CANADIAN,TEXAS march 29, 1916.

Federal qeserve Board
Washinrton
D. C.
Gentlemen:Our geographical location practically prohibits
our doing business through the Federal Reserve Bank of Dallas
Texas, the district in which we are located.
Practically all our business is done in or through Kansas City
0.

Our mail f-cilities are twenty four to forty eight hours
quicker with Kansas City than it is with :Dallas.

Our princi-

pal checking point is Kansas City, which necessarily demands
that we carry our balances there.
All our cattle and hog shipments go east
If you will notice we are located in the extreme north eastern
part of the Panhandle of Texas, entirely out of touch with
Dallas.
Could some arrangement be made so we could be put in the Kansas
City district, it would be of material assistance to us and
would not detract in the least from the efficiency
Dallas Federal Reserve Bank.
Kindly

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Federal Reserve Bank of St. Louis

leq, us hear from you regnrding the matter.
Yours very truly

htis

s,13

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Federal Reserve Bank of St. Louis

Full text of Records of the Federal Reserve System, Record Group 82 : Boundaries of FR Districts: Texas Appeal, Box 274, Folder 2

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