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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)