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FE D E R A L R E SE R V E B AN K OF DALLAS Dallas, Texas, November 12, 1927. NOMINATIONS FOR DIRECTORS To the Member Bank Addressed: In accordance with the provisions of Section 4 of the Federal Reserve Act and my circular dated October 8, 1927, in regard to election of directors of this bank to succeed J. H. Frost, Class A director, and Frank Kell, Class B director, whose terms expire December 31, 1927, there is given on the back hereof a list of the candidates nominated for such directors, indicating by whom nominated. There is sent herewith to each bank in Group 1 a preferential ballot for use in voting on the can didates for Class A director and to each bank in Group 2 a preferential ballot for use in voting on the candidates for Class B director. There is also enclosed an envelope bearing on its face the certificate in regard to the vote; also a colored envelope marked “ Ballot/5 in which the ballot is to be sealed. The ballot and certificate on the envelope must be executed by the officer who has been authorized to cast the vote. A list of the designated officers was attached to my circular above mentioned. In order that the ballot may be secret, the name of the bank and of the voting officer should not be written on the ballot, but only on the certificate envelope. (1) After the preferential ballot has been marked, (2) It should be placed in the colored envelope marked “ Ballot5 and the envelope sealed. 5 (3) Then after the certificate on the certificate envelope is executed, the colored sealed envelope should be placed within and the certificate envelope sealed. (4) Then this certificate envelope containing the sealed ballot envelope should be returned to me in the enclosed self-addressed envelope. Under the law, the ballot must be returned so as to reach me within 15 days after its receipt. The polls will open on November 15 and close at 3:00 P. M. on December 1, 1927- At that time the ballot box will be opened in the Board Room of this bank. All of the sealed colored envelopes containing the ballots will first be removed and segregated from the certificate envelopes before any of the colored envelopes are opened, thus insuring the secrecy of the ballot. Then the colored envelopes will be opened, the votes counted and results of the election announced. Any of the candidates are invited to be present or represented on this occasion. While the banks in Group 3 will not vote in this election, this circular is sent to them without forms for their information. Respectfully, Chairman of the Board. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) CANDIDATES FOR CLASS A DIRECTOR Names of Candidates J. H. FROST, President Frost National Bank San Antonio, Texas Mr. Frost was born in San Antonio, Texas, August 1, 1881, the son of Thomas C. Frost and Josephine Houston Frost. He attended the San Antonio Academy, graduating in 1898. He entered Princeton in the fall of 1899, graduating there with a Bachelor of Science degree in the spring of 1902. After graduating at Princeton, Mr. Frost began work for the Frost National Bank of San Antonio, and has continued with that institution since, being president of it at this time. Mr. Frost has no other affiliations of conse quence or honorary offices other than his present connection as Director of the Federal Reserve Bank of Dallas. Nominated by Following Banks in Group 1: Texas Austin_________________ American National Bank Austin____________________Austin National Bank Beaumont__________________ First National Bank Dallas_______American Exchange National Bank Fort Worth__________ Continental National Bank Fort Worth__________ Fort Worth National Bank Galveston___________________First National Bank Greenville___Greenville National Exchange Bank Houston____________________ First National Bank HoustonSouth Texas Commercial National Bank San Antonio______________ Alamo National Bank San Antonio________________ City National Bank San Antonio.________________Frost National Bank San Antonio______________ Guaranty State Bank San Antonio___________ Lockwood National Bank San Antonio_______ National Bank of Commerce San Antonio____ ,_-..._.San Antonio National Bank Texarkana____________ Texarkana National Bank Wichita Falls_______________ City National Bank Wichita Falls_______________ First National Bank Texas A. M. GRAVES, President Red River National Bank Clarksville, Texas Corsicana_______ ______Corsicana National Corsicana_______ __________ First National Dallas___________ ______Mercantile National Fort Worth_________________ First National Bank Bank Bank Bank P a r is F ir st, N a t i o n a l "Rank Terrell__________ ______ American National Bank CANDIDATES FOR CLASS B DIRECTOR Names of Candidates Nominated by Following Banks in Group 2: S. P. BRITT Ranchman Wheeler, Texas Texas Childress___________________ First National Bank A. BAKER DUNCAN Retail Automobile Dealer Waco, Texas New Mexico Mr. Duncan was born in Calvert, Texas, Sep tember 28, 1891, the son of Alexander Perry Dun can and Nettie Baker Duncan; the family moving to Waco in 1894. He attended Woodberry Forest School, Orange, Va., for four years. After grad uation there, he attended the University of Vir ginia for two years and received his LL.B. at the University of Texas in 1915. Mr. Duncan prac ticed law in Waco until 1917, when he entered the service, being honorably discharged in 1919 with the rank of Captain of Infantry. Upon his return he entered the retail automobile business, and is at present head of Duncan-Smith Company, Auth orized Ford Dealers of Waco. Mr. Duncan was elected City Commissioner of Waco under the City Manager form of govern ment in 1926, and appointed Mayor of Waco by the City Commission in the spring of 1927. Roswell___________________ First National Bank Texas Brenham_________________________ First NationalBan Clarksville_______________________ First NationalBan Itasca___________________________ First NationalBan Lubbock_________________________ First NationalBan Mercedes_________________________ First NationalBan Stamford_____________________ First State Bank Stephenville_______ Farmers First National Bank CANDIDATES FOR CLASS B DIRECTOR Names of Candidates FRANK KELL Flour Milling Wichita Falls, Texas Nominated by Following Banks in Group 2: Oklahoma Durant_______________ Commercial National Bank Durant------------------------------ Durant National Bank Durant--------------------------------First National Bank Texas Albany------------------------------ Albany National Bank Bartlett__________________Bartlett National Bank Del Rio________ Del Rio Bank & Trust Company Fort Worth___________ Stockyards National Bank Greenville__________________ Citizens State Bank M art_______________________ First National Bank Orange__ __________________ First National Bank Waxahachie_____________ Citizens National Bank J. R. MILAM Wholesale Grocer Waco, Texas Mr- Milam was born in Weatherford, Texas, September 20,1869, the son of Ben R. and Lula A. Milam. He attended Southwestern University at Georgetown, Texas. After leaving the University, he entered the General Merchandise business in Glen Rose, Texas, and was there for ten years. In 1900 he organized the First National Bank of Glen Rose, serving as president of that institution until 1907, when he moved to Waco, becominginterested in the Cooper Grocery Company, of which he has been vice-president since that time. Mr. Milam is a director in the Waco Chamber of Commerce, a trustee of Southwestern Univer sity, and a member of the Board of Stewards of Austin Avenue Methodist Church of Waco. Texas Brady________________Commercial National Bank Brenham________________ Farmers National Bank Cameron_________________Citizens National Bank Corpus Christi______________ City National Bank Dawson.:_________________ Liberty National Bank Gatesville___________________ First National Bank Hillsboro________________ Citizens National Bank Hillsboro________________ Farmers National Bank Lubbock_________________ Citizens National Bank Marlin______________________ First National Bank McGregor___________________First National Bank Mineral Wells_______________ First National Bank Mineral Wells_______________ State National Bank Stamford___________________First National Bank Temple______________________ City National Bank Waco_______ Liberty National Bank Waco_______________________ National City Bank