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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, October 31, 1932 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 September 21, 1932, in regard to election of directors of this bank to succeed J. P. Williams, Class A director, and J. J. Culbertson (deceased), Class B director, whose terms expire December 31, 1932, there is given herewith a list of the candidates nominated for such directors, indicating by whom nominated. There is sent herewith to each bank in Group 2 a preferential ballot for use in voting on the candi dates for Class A director and to each bank in Group 3 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 voters 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 2 and close at 3:00 P. M. on November 17, 1932. At that time the ballot box will be opened in the board room of this bank. All of the sealed colored envelopes containing the bal lots will first be removed and segregated from the certificate envelopes before any of the colored en velopes 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 1 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 ALF MORRIS, President First National Bank Winnsboro, Texas Mr. Morris was born in Denton County, Texas, in 1884, and reared on a farm in Wise County, near Decatur, receiving his early education in the public schools of Wise County and later attend ing the North Texas College at Denton. Following his election as Principal of the De catur City Schools in 1905, he resigned that office to accept employment as an individual bookkeeper in the First National Bank of Winnsboro, in which institution he was successively advanced, being elected Vice President and Cashier in 1916, and President in 1928. He has served as President of the Board of Trustees of the Winnsboro High School, Chairman of the Board of Stewards of the First Methodist Church, President of the North Texas Bankers Association, Chairman of the Fifth District Bank ers Association, and a member of various com mittees of the Texas Bankers Association. At present Mr. Morris is Vice President of the Winnsboro Building and Loan Association, a member of the Advisory Board of the Farmers Cotton Oil Company and a member and Secretary of the Stockholders Advisory Committee of the Federal Reserve Bank of Dallas. Mr. Morris is actively interested in farming and stock raising, and is a frequent contributor to publications devoted to farming, banking, and kindred subjects. Nominated by Following Banks in Group 2: New Mexico Roswell____________________ First National Bank Texas Abilene__________________ Citizens National Bank Ballinger____________________ First National Bank Cameron_________________ Citizens National Bank Childress___________________ First National Bank Clarksville.... Red River Natl. Bank in Clarksville DeKalb_____________________First National Bank Denison_________________ Citizens National Bank Ennis_____ ._____________Citizens National Bank Greenville_________________ Citizens State Bank Jacksonville_______ ___________ First State Bank Longview___________ ...Rembert National Bank McKinney_________ Collin County National Bank Mexia..________ Prendergast-Smith National Bank Mineola_____________________First National Bank Nacogdoches__________ Stone Fort National Bank Palestine------------------------------First National Bank Palestine__________________ Royall National Bank Spur National Bank Spur_________ Sulphur Springs_____________ City National Bank Taylor.---------------City National Bank Waggoner National Bank Vernon_______ Wills Point_________________ State National Bank Winnsboro_________________ First National Bank Yoakum_________________ Yoakum National Bank EWING NORWOOD, Vice President First National Bank Navasota, Texas Mr. Norwood was born near Washington, Wash ington County, Texas, but has lived in Navasota since boyhood. He has been connected with the First National Bank of Navasota for thirty-five years. Mr. Norwood has served on various committees of the Texas Bankers Association and as a mem ber of the Executive Council of the American Bankers Association. Texas Bryan-------------------------------- First National Bank W. H. ROACH, President State National Bank Mineral Wells, Texas Mr. Roach is a native Texan, having been reared in Hood County, Texas. lie is fifty-four years of age. He graduated in 1903 from the North Texas Teachers College, of Denton, Texas —taught school for four years, and has been ac tively engaged in the banking business for the past twenty-six years. He was Cashier of the First National Bank of Lipan, from 1907 to 1925. He has been President of the State National Bank of Mineral Wells, Texas, since 1925. Texas Mineral Wells________________ City National Bank Weatherford____________ Citizens National Bank Weatherford_______________First National Bank CANDIDATES FOR CLASS B DIRECTOR Names of Candidates FRANK D. LEE, President Lee Hardware Company, Ltd., Shreveport, Louisiana Mr. Lee is a native of Missouri, having been born in St. Louis, to which city his parents moved from South Carolina at the close of the Civil War. At the age of fifteen he entered the employ of the Simmons Hardware Company of St. Louis, being advanced from a minor clerkship through the dif ferent departments. By the time Mr. Lee reached his majority he had become a traveling represent ative for the company in the State of Missouri, l'n 1896 he was transferred to Louisiana and rep resented the Simmons Hardware Company in that territory until 1899. In the latter year Mr. Lee organized the Lee Hardware Company and has served as its President since organization. During his business career of forty-seven years he has worked for but two firms. Nominated by Following Banks in Group 3: Louisiana Gibsland______ .—First National Bank in Gibsland Mansfield______________ American National Bank New Mexico Carrizozo___________________ First National Bank Texas Jefferson________________ Rogers National Bank Wellington_________________First National Bank Whitney____________________ First National Bank Mr. Lee has many important interests, the suc cess of which is due to his leadership, and he is regarded as one of the outstanding business men of the Southwest. JOHN D. MIDDLETON Cotton Seed Products Greenville, Texas John D. Middleton, native of Mississippi, has been a resident of Greenville, Texas, for thirtyeight years. In 1900 he was active in the organ ization of the Texas Refining Company, refiners and manufacturers of cotton seed oil shortening, which company he now serves as President and General Manager, the cotton seed products in dustry, in all its phases, being his chief business interest. For a long period he has been an active member of the Board of Directors of the Greenville Na tional Exchange Bank, pioneer banking institu tion of Hunt County and for a like period a Direc tor of the Greenville Mill & Elevator Company. He is a Director of the Louisiana, Arkansas & Texas Railway Company; a past President of the East Texas Chamber of Commerce and now serves this organization as regional Chairman. He is a past President of the Greenville Chamber of Com merce ; past President of the Rotary Club and has long been recognized as a civic leader in his com munity and State. A few years ago he served as Chairman of the All-Texas Goodwill Tour, which focused the Nation’s attention on Texas. He is now a member of the Advisory Committee of the Reconstruction Finance C o r p o r a t i o n , Dallas Agency. He has extensive farming interests and is conversant with the needs of agriculture. In all undertakings he has proven to be a tireless and resourceful worker. Texas Bogata___________________________First NationalBank Brady________ Farmers & Merchants State Bank Bridgeport________________ First National Bank Bronte___________ First National Bank in Bronte Caddo Mills____________ — State National Bank Canyon________________________ First State Bank Celeste__________ _______ __First National Bank Clarendon_________________ First National Bank Clarksville_________________First National Bank Commerce_________________ First National Bank Cooper____________________ First National Bank Decatur_________ First National Bank in Decatur Graford___________________ First National Bank Grapevine________ Tarrant County National Bank Handley___________________ First National Bank Hughes Springs___________First National Bank Huntsville_____ ___________ First National Bank Jaeksboro___________________ Jacksboro NationalBank Lamesa___________________ First National Bank Lamesa_________________ Lamesa National Bank Llano---------------------------Moore State Bank Lockney____________________ First National Bank Lorenzo------------------------------------ First State Bank Mt. Pleasant____First Natl. Bank in Mt. Pleasant Mt. Pleasant-------------- Guaranty Bond State Bank Perrin----------------------------------------- First NationalBank Pittsburg_________ Pittsburg National Bank Royce City--------------------------------First State Bank Saint Jo______ Citizens National Bank in Saint Jo Santo_____________________ First National Bank Strawn------------------------------ First National Bank Trenton----------------------------- First National Bank Troup------------------------------- First National Bank Valley View----------------------- First National Bank Wolfe City__Wolfe City Natl. Bank in Wolfe City