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Federal

Reserve

Bank

OF DALLAS

Dallas, Texas, November 6,1944

NOMINATIONS FOR DIRECTORS

To the Member Banks of the
Eleventh Federal Reserve District:

In accordance with the provisions of section 4 of the Federal Reserve Act and my circular
dated September 29, 1944, in regard to election of directors of this bank to succeed J. E. Woods,
Class A director, and E. L. Kurth, Class B director, there is given herewith a list of candidates
nominated for such directorships, together with lists of the nominating banks.
There is being sent to each bank in Group 2 a ballot form for use in voting on the candidate
to represent that group as a Class A director, and to each bank in Group .3 a ballot form for use
in voting on the candidate to represent that group as a Class B director. There is also enclosed an
envelope bearing on its face the certificate in regard to the vote and an envelope marked “ Ballot,”
in which the ballot is to be sealed.
The ballot and certificate on the envelope must be executed by an officer who has been author­
ized to cast the vote. All duly designated voting officers were shown in the circular above mentioned
except a few who have been designated since the circular was issued. AFTER THE BALLOT HAS
BEEN PROPERLY MARKED,
(1) It should be sealed in the envelope marked “ Ballot— Directors’ Election” ;
(2) Then the sealed ballot envelope should be sealed within the certificate envelope;
(3) The latter, bearing a properly executed certificate, should be returned to me in the enclosed
self-addressed envelope, so as to reach me not later than the closing of the polls at 3:00
P. M. on November 24, 1944. At that time the ballot box will be opened, the votes counted
and the results of the election announced. The candidates are invited to be present or rep­
resented on that occasion.
BANKS IN GROUP 1 WILL NOT VOTE IN THIS ELECTION. A copy of this circular, how­
ever, is being sent to each of them without forms for their information.

Respectfully,
J. R. PARTEN
Deputy Chairman of the Board.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

C A N D ID A T E FO R C L A S S A D IR ECTOR O F G R O U P 2
N am e o f Candidate

J. E. WOODS, Chairman of the Board
Temple National Bank
Temple, Texas
Mr. Woods was born at Headsville, Robertson County, Texas, December 24, 1885. He received his
early education in the public schools and attended Sam Houston State Teachers College at Huntsville.
He moved to Teague, Texas, in 1907, where he was active in the practice of law for several years,
serving two terms as County Attorney.
He entered the banking field in 1925, when he organized the Teague National Bank, Teague,
Texas. He is now president of that institution, president of the First National Bank, Teague, Texas,
chairman of the Board of the Ennis State Bank, Ennis, Texas, and chairman of the Board of the
Temple National Bank, Temple, Texas.
Mr. Woods has served as president of the Texas Bankers Association, president of the Temple
Chamber of Commerce, Temple, Texas, and director of the Federal Reserve bank of Dallas.

Nominated by Following Banks in Group 2 :

New Mexico

Roswell............. ............The First National Bank of Roswell
Oklahoma
Durant......................The Durant National Bank in Durant
Durant..... ...... ..... ................ First National Bank in Durant
Texas

.
:
;

A bilene.................... The Citizens National Bank in Abilene
Atlanta—................ ......... ...................Atlanta National Bank
Bay City.............. .............Bay City Bank & Trust Company
Beaumont........... Security State Bk. & Tr. Co. of Beaumont
Beeville......................................... Commercial National Bank
Bonham............... ........ The First National Bank of Bonham
Bowie............... ........................................First National Bank
Brenham.................. The First National Bank of Brenham
Bryan—
............................First National Bank of Bryan
Cameron.............. ..The Citizens National Bank of Cameron
Cleburne.............
...City National Bank
Dawson......................
First National Bank
Decatur____ ______________ First National Bank in Decatur
Denison___________The Citizens National Bank of Denison
Denison................... ... The State National Bank of Denison
Eagle Lake................................. .............First National Bank
Eagle Pass......................First National Bank of Eagle Pass
Galveston.............. .The First National Bank of Galveston
Georgetown....... ...........................
First National Bank
Granbury.....................................
First National Bank
Hamilton........................
Hamilton National Bank
Harlingen.............................................. .First National Bank
Hillsboro.....
.....
Citizens National Bank of Hillsboro
Hubbard.........................................
..First National Bank
Itasca...............
...First National Bank
Kerens........ .......................... First National Bank of Kerens
Laredo......................................................Union National Bank
Marlin................ ....................... First State Bank of Marlin
Mart..................
First National Bank
Midland............. ........................ The Midland National Bank
Mineral Wells..... .............
City National Bank
Nacogdoches....... Stone Fort Nat’l Bank of Nacogdoches
. - Rosebud—
................................Planters National Bank
-Sofiora. ........... ...... ....... .......................... First National Bank
\ Taylor.,—.............. .............................The City National Bank
Vernon.;................. .........................Waggoner National Bank
Waxahachie............ Citizens National Bank in Waxahachie
Weatherford...................................... ..Citizens National Bank
Weatherford................ First National Bank of Weatherford
Winnsboro........................First National Bank of Winnsboro
Winters....................................................Winters State Rank

C A N D ID A T E FO R C L A S S B DIR ECTOR O F G R O U P 3
N am e o f Candidate

E. L. KURTH, President
and General Manager
Angelina County Lumber Company
Keltys, Angelina County, Texas
Mr. Kurth was bom at Kurth Station, Polk County, Texas, July 25, 1885. He attended Southwest­
ern University at Georgetown, Texas, and after receiving a B.S. Degree in 1905, he was employed by
the Lufkin National Bank, Lufkin, Texas. He secured a position as bookkeeper with the Angelina
County Lumber Company, Keltys, Texas, in 1907, later serving as sales manager of the institution.
In 1916 he was elevated to the position of vice president and general manager of the company, and in
1941, he was elected president, which position he now holds.
He is affiliated with and an officer of several large lumber companies, including the Clay Building
Material Company of Stephenville, the Farmers-Merchants Lumber Company of Brenham, the Sloan
Lumber Company of Fort Worth, the Texas Long Leaf Lumber Company of Trinity, the Sabine
Lumber Company of Houston, and the Angelina Hardwood Company of Keltys. He also organized the
Southland Paper Mills of Lufkin, and is now serving as its president. Mr. Kurth is vice president of
the Angelina & Neches River Railroad and has served as a director of the Lufkin Foundry & Ma­
chine Company of Lufkin for more than twenty years.
Mr. Kurth is president of East Texas Theatres, Beaumont, a trustee of Southwestern University,
and has served as president of the Southern Pine Association, president of the East Texas Chamber of
Commerce, and director of the Federal Reserve Bank of Dallas.

Nominated by Following Banks in Group 3 :

Oklahoma

Hugo................................. The Citizens State Bank of Hugo
Texas
Aransas Pass.........................................The First State Bank
Bailey. ........................................... ..... ...First National Bank
Baird...... ..... ........ .................. First National Bank of Baird
Brenham.............. The Farmers National Bank in Brenham
Bridgeport.......................................
First National Bank
Caddo Mills................ ....... ........ ...State National Bank
Eastland............ .............................. Eastland National Bank
Gorman........ ...... ...... .........First National Bank of Gorman
Handley..............................First National Bank of Handley
Knox City......... .................... ..........The Citizens State Bank
Newton.................. .............................. . ..First National Bank
Panhandle.......... ...................... ...........First National Bank
Seguin______ ____________ Nolte National Bank of Seguin
Shamrock......................Farmers and Merchants State Bank
Trinity................. ....................... ...........First National Bank
Yorktown.......... ............. ... ..First State Bank of Yorktown


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