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F E D E R A L R E SE R V E B A N K
OF DALLAS

Dallas, Texas, October 29, 1930

N OM INATION S F O R

D IR E C T O R S

To the Member Bank Addressed:
In accordance with the provisions of Section 4 of the Federal Reserve Act and my circular dated
September 22, 1930, in regard to election of directors of this bank to succeed J. H. Frost, Class A director,
and J. R. Milam, Class B director, whose terms expire December 31, 1930, 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,” 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 “ Ballot” and the envelope sealed.
(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 1 and close at 3:00 P. M. on November 15, 1930. 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 rep­
resented 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

IMPORTANT
It is particularly important that you read carefully and follow exactly the instruc­
tions with regard to voting. Failure to do so will result in invalidation of your ballot.

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

Nominated by Following Banks in Group 1:

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 Pali 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.

Texas
Corpus Christi..... ................... State National Bank
Wichita Falls............................. City National Bank

Mr. Frost has no other affiliations of conse­
quence or honorary offices than his present con nection as Director of the Federal Reserve Bank
of Dallas.

R. E. HARDING, President
Fort Worth National Bank
Fort Worth, Texas
Mr. Harding was born March 7, 1883, in Paris,
Tennessee, son of the late Noah Harding, one of
the organizers of the Fort Worth National Bank.
Moved to Fort Worth, November, 1883. Received
his primary schooling at the old Fort Worth Uni­
versity. Attended the University of Texas 19001903. First entered the employ of the Fort Worth
National Bank in the summer of 1897 and worked
every vacation until 1903, when he came in per­
manently as a clerk. Occupied various positions in
the bank and in 1906 was made assistant cashier.
Was elected vice president in 1914, which position
he occupied until March 27, 1930, when he was
elected president, to succeed the late Major Van
Zandt.
Married Merle Reynolds,, daughter of Mr. and
Mrs. W. D. Reynolds, in January, 1911. Has two
children, Robert E., Jr. and Sue.

Texas

Amarillo...... ............................. First
NationalBa
Austin____....._______ ..... American National Bank
Beaumont................................... First
NationalBa
Corsicana...................
Corsicana
NationalBa
Dallas....................... First National Bank in Dallas
Dallas_______ Republic National Bank & Trust Co.
El Paso........................... ...... — First National Bank
Fort Worth.,....... ......... Continental
NationalBa
Fort Worth........ ...................... First
NationalBa
Fort Worth................... Fort Worth National Bank
Galveston.... ...,r.................... First
NationalBa
Galveston...................United States National Bank
Houston........... ......................... First
NationalBa
Houston.... ...... Public National Bank & Trust Co.
Houston............ ......................Second
NationalBa
Paris... ..............
First
NationalBa
Port Arthur............................... First
NationalBa
San Angelo................................ First
NationalBa
Tyler...................................... Citizens
NationalBa
Waco...................................... Citizens
NationalBa
Waco......... - ............................. First National Bank
Wichita Falls............................. First
NationalBa

CANDIDATES FOR CLASS A DIRECTOR

Names of Candidates

Nominated by Following Banks in Group 1:

BEN JOHNSON, President
Commercial National Bank
Shreveport, Louisiana
Mr. Johnson is president of the Commercial
National Bank, Shreveport, La., the Commercial
Bank and Trust Company, Springhill, La., Bank of
Commerce and Trust Company, Mansfield, La.,
vice president of the DeSoto Foundry and Machine
Company, Mansfield, La., director of the Mansfield
Hardwood Lumber Company, Shreveport, La.
Graduate of Louisiana State Normal College 1899;
taught school for four years after graduation,
when he entered the Bank of DeSoto, Mansfield,
La. in 1903. Effected consolidation of two small
banks and was active in the organization of the
Bank of Commerce and Trust Company in 1909.
His connections there have been continuous. He
came to Shreveport in 1921 as president of the
Commercial National Bank. Has served on various
commissions and committees, including the Ameri­
can Bankers Association for a number of years.
Has been active in the affairs of the Louisiana
Bankers Association; was president of that body
in 1921.

Louisiana
Shreveport............... Continental Bank & Trust Co.

Texas
Texarkana............. ......... Texarkana National Bank

W. R. KING, President

Texas

City-Central Bank and Trust Company
San Antonio, Texas
Mr. King has been identified with the banking
business in San Antonio since 1907, when he be­
came vice president of the City National Bank. In
December, 1921, the City National, the State Na­
tional and the Central Trust Company merged,
the City National taking over the commercial, and
the Central Trust Company the trust business of
the three institutions, of which banks Mr. King
became president.
In September, 1929 the Central Trust Com­
pany, affiliated with the City National Bank but
operating as an independent unit, and the Guar­
anty State Bank and the City National Bank con­
solidated, which consolidated institution is oper­
ating under the name of the City-Central Bank
and Trust Company, of which institution Mr. King
is president. He was president of the San Antonio
Clearing House Association 1922-1923.

Eagle Pass....

...................First National Bank

San Antonio..

................ Alamo National Bank

San Antonio..

City-Central Bank & Trust Co.

San Antonio..

................ .Frost National Bank

San Antonio..

................. Groos National Bank

San Antonio..

.—
National Bank of Commerce

San Antonio.

— San Antonio National Bank

CANDIDATE FOR CLASS B DIRECTOR

Name of Candidate

Nominated by Following Banks in Group 2:
New Mexico
Roswell...... ................................ First National Bank

Texas
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 Univer­
sity, 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, becoming in­
terested 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.
He has served as Class B Director of the Fed­
eral Reserve Bank of Dallas since January 1, 1928.

Albany.............................................. Albany NationalBa
Beaumont........... Security State Bank & Trust Co.
Brenham.........................................Farmers NationalBa
Brenham.............................................. First NationalBa
Corsicana.......................................... State NationalBa
Eagle Lake...................... .
First National Bank
Fort Worth................................ Stockyards NationalBa
Gatesville..............................................First NationalBa
Goliad................................................... First NationalBa
Gonzales..........................................Farmers NationalBa
Hillsboro..—.................................... Citizens NationalBa
Hillsboro.........................................Farmers NationalBa
Jacksonville— ..............................First State Bank
Kaufman....Farmers and Merchants National Bank
Laredo............. — ................... First National Bank
McKinney................... Collin County National Bank
Mineral Wells......................................First NationalBa
Mineral Wells......................................State NationalBa
Navasota...............................................First NationalBa
New Braunfels..................................... First NationalBa
Palestine.—........................................ Royall NationalBa
Snyder.............................................. Snyder NationalBa
Sonora..... ..................
First National Bank
Stamford..............................................First NationalBa
Taylor.....................................................City NationalBa
Taylor................................................... First NationalBa
Temple......... ......... First National Bank in Temple
Vernon......................
Waggoner National Bank
Waco.............
Liberty National Bank
Waco...........................................National City Bank
Weatherford................
Citizens National Bank
Weatherford........................................ First NationalBa
Winnsboro............................................First NationalBa


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