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FEDERAL RESERVE OF BANK DALLAS December 6, 1926 E LE C TIO N O F D IR E C TO R S To the Member Bank Addressed: The election of directors to succeed Howell E. Smith, Class A Director, and J. J. Culbertson, Class B Director, whose terms expire December 31, 1926, has been duly held in accordance with the requirements of Section 4 of the Federal Reserve Act, and as outlined in circulars of October 8, and November 9, 1926. A tabulation of the vote shows that Howell E. Smith, President of the First National Bank of McKinney, Texas, was re-elected Class A Director, by the member banks in Group 2; that J. J. Culbertson, Vice-President of the Southland Cotton Oil Company of Paris, Texas, was re-elected Class B Director, by the member banks of Group 3, each to serve for a term of three years, beginning January 1, 1927. Yours very truly, Chairman of the Board This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)