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Fe d e r a l R e s e r v e bank of Da l l a s D A L L A S 13. T E X A S September 18, 1946 To All Banks of the Eleventh Federal Reserve District: This is to advise that the East End State Bank, Houston, Texas, a newly organized institution located in the territory served by our Houston Branch, was admitted to membership in the Federal Reserve System today. The new member bank has paid-in capital funds of $225,000 comprised of capital $150,000, surplus $50,000, and undivided profits of $25,000. Its officers and directors are as follows: OFFICERS Tom Tellepsen, President Louis I. Dietz, Vice President Ralph E. Pierce, Vice President and Cashier DIRECTORS E. A. Moody Louis I. Dietz Elliott A . Johnson Ralph E. Pierce Charles Markle Knipe Floyd L. Senter Robert D. Straus E. A. Kruse J. C. Suttles S. S. McClendon Tom Tellepsen Checks drawn on the new institution are collectible by mail and, accordingly, cash items received for collection by the Fed eral Reserve Bank Branch of Houston will be handled on a deferred basis under the terms of our current bulletin on Transit Operations. Yours very truly, R. R. GILBERT President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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