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Fe d e r a l R e s e r v e bank of Da l l a s October 1,1946 ELECTION OF DIRECTORS To the M em ber Banks of the Eleventh Federal Reserve District: An election will be held under the provisions of Section 4 of the Federal Reserve Act to choose successors to the following directors o f this bank whose terms expire December 31, 1946. Class A director - Mr. Frank Turner, President First National Bank in Decatur, Decatur, Texas Class B director - Mr. Geo. A. Hill, Jr., President Houston Oil Company of Texas, Houston, Texas The Class A director will be elected by banks in Group 3, and the Class B director by banks in Group 1. The banks in Group 2 do not elect a director this year. Group 1 consists o f banks, having capital and surplus in excess of $499,000; Group 2 consists of banks with capital and surplus not exceeding $499,000 and not less than $100,000; and Group 3 consists of banks having capital and surplus of less than $100,000. Lists of banks comprising Groups 1 and 3 are given on the following pages. Each bank in Group 1 is permitted to nominate a candidate for Class B director and each bank in Group 3 a candidate for Class A director. The nomination must be made by resolution of the Board o f Directors and a certified copy of the resolution must be forwarded in time to reach me on or before November 1, 1946. A form for this purpose is enclosed. On or about November 8, 1946, a list of candidates (indicating by whom nominated) and a preferential ballot will be mailed to each bank in the voting groups. The polls will open on November 12, 1946 and close at 2:00 p.m. on November 27, 1946 and the ballots must be executed during that period and be mailed so as to reach me before the closing of the polls. On the last day of the voting period, the ballot box will be opened in the Board Room of this bank, the votes counted, and the results of the election announced. The can didates are invited to be present or represented on that occasion. In order to be counted, the ballot must be executed by an officer authorized to cast the vote. On the following pages are shown the titles of officers heretofore designated for that purpose. The author ity conferred on them continues until revoked. Each bank that has not designated such an officer, or officers, or any bank that desires to change its authorization, should do so by resolution of its Board of Directors and certify the appointments to me before the polls close. A form is enclosed which may be used for either purpose. When an authorization is made, it is preferable that designations should be by title. While the banks in Group 2 will not vote in this election, this circular is sent to them, without forms, for their information. Yours very truly, J. R. P arten Chairman o f the Board This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) Information Concerning Eligibility for Class B Directorship of a Federal Reserve Bank At the time of his election, a Class B director shall be actively engaged in this district in commerce, agriculture or some other industrial pursuit. No Class B director shall be an officer, director or employee o f any bank. Under a resolution of the Federal Reserve Board, adopted December 23, 1915, persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, can not, consistently with the spirit and underlying principles of the Federal Reserve Act, serve as direc tors or officers of Federal Reserve banks. The Federal Reserve Board also passed a resolution, December 28, 1915, that “ national bank examiners shall not hereafter be elected. . . to directorships in Federal Reserve banks.” Under date of July 2, 1925, the Federal Reserve Board advised it had “ reached the conclusion that a person whose sole occupation is that o f officer of an insurance company is not eligible for elec tion as a Class B director of a Federal Reserve bank.” GROUP 1 Consisting of all member banks with a combined capital and surplus in excess of $499,000 Banks in this group elect one Class B director ARIZONA L o c a tio n N am e o f B ank o r T ru st C om p a n y Southern Arizona Bank & Trust Company... ......... ........ Tucson O fficers A u th o riz e d to Cast V o te Vice President LOUISIANA L o c a t io n Monroe Monroe Shreveport Shreveport Shreveport N am e o f B ank o r T rust C om pa n y Central Savings Bank and Trust Company._____ .. ___ The Ouachita National Bank in Monroe______ Commercial National Bank in Shreveport______________ Continental-American Bank & Trust Company___ First National Bank of Shreveport __ O fficers A u th o riz e d to Cast V o te President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier TEXAS L o c a tio n Abilene Amarillo Amarillo Austin N am e o f Bank o r T ru st C om p a n y The Citizens National Bank in Abilene..... . .......... Amarillo National Bank....................................................... ....... The First National Bank of Amarillo__ ______ The American National Bank...-------- -------- O fficers A u th o riz e d to Cast V o te Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier TE XA S— Continued L o c a tio n Austin Austin Beaumont Beaumont Corpus Christi Corpus Christi Corsicana Dallas Dallas Dallas Dallas Dallas El Paso El Paso Fort Worth Fort Worth Fort Worth Galveston Galveston Galveston Galveston Greenville Houston Houston Houston Houston Houston Houston Houston Houston Houston Laredo Longview Longview Lubbock Lubbock Midland Orange Port Arthur San Angelo San Angelo San Angelo San Antonio San Antonio San Antonio San Antonio San Antonio San Antonio Sherman Texarkana Tyler Tyler Tyler Victoria Waco Waco Wichita Falls Wichita Falls Wichita Falls N am e o f B a n k o r T ru st C om pa n y The Austin National Bank__________________ ____ The Capital National Bank in Austin___ ____ _ _ The American National Bank of Beaumont____ ___ The First National Bank of Beaumont______ .. The Corpus Christi National Bank______ _ State National Bank of Corpus Christi_____ The First National Bank of Corsicana____ Dallas National Bank________________ .. First National Bank in Dallas__________________ The Liberty State Bank....................... ................ Mercantile National Bank at Dallas........................ . Republic National Bank of Dallas________ Officers A u th o riz e d to Cast V o te President, Vice President President, Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President and Cashier Chairman, President, Vice President Chairman, President, Chairman Executive Committee, Vice President, Cashier El Paso National Bank-___________ ______ ._____ Chairman, President, Vice President, Cashier The State National Bank of El Paso _. ... __ President, Vice President Continental Bank of Fort Worth_____ ___________ . Chairman, President, Vice Presidents, Cashier The First National Bank of Fort Worth___ ____ Chairman, President, Vice President, Cashier The Fort Worth National Bank... ................... Chairman, President, Vice President, Cashier The City National Bank of Galveston___ Vice Presidents The First National Bank of Galveston______ Chairman, President, Vice President, Cashier Hutchings-Sealy National Bank of Galveston. .. Chairman, President, Vice President and Cashier The United States National’ Bank of Galveston ... Chairman, President, Vice President, Cashier Greenville National Exchange Bank............... President, Vice President, Cashier Citizens State Bank____________ ____________ .. President, Vice President, Cashier The City National Bank of Houston........ President, Vice President, Cashier First National Bank in Houston___ _____ ___________ ___ Chairman, President, Vice President, Cashier Houston Bank & Trust Company_______ ______ Chairman, President, Vice President, Cashier Houston National Bank____________.'__________ . .. President, Vice President, Cashier The National Bank of Commerce of Houston _ __ President, Vice Presidents, Cashier The Second National Bank of Houston .... ____ Chairman, President, Vice President, Cashier South Texas Commercial National Bank of Houston________ Chairman, President, First Vice President, Cashier The Union National Bank of Houston Chairman, President, Vice President, Cashier The Laredo National Bank______ ________ President, Vice President First National Bank_____ _______ _____ _____ _ Chairman, President, Vice President, Cashier Longview National Bank_________ _ Vice President, Cashier The Citizens National Bank of Luhhock President The Lubbock National Bank____ Chairman, President The First National Bank of Midland . . ... Chairman, President, Vice President, Cashier First National Bank in Orange__________ President, Vice President, Cashier First National Bank._____________________ President, Vice President, Cashier The Central National Bank of San Angelo Chairman, President, Vice President, Cashier First National Bank ___________ President San Angelo National Bank of San Angelo____ _ President, Vice President, Cashier The Alamo National Bank of San Antonio........... President, Vice President Bexar County National Bank____ President, Vice President, Cashier First National Bank of San Antonio Chairman, President, Vice President, Cashier The Frost National Bank of San Antonio___ Chairman, President, Vice President, Cashier The Groos National Bank of San Antonio __ _ Chairman, President, Vice President, Cashier National Bank of Commerce of San Antonio______________ Chairman, President The Merchants & Planters National Bank of Sherman_______ Chairman, President, Vice President, Cashier The Texarkana National B a n k _____ ..... President, Vice President, Cashier The Citizens National Bank of Tyler ____ ____ President, Vice President, Cashier __ The Peoples National Bank of Tyler Chairman, President, Vice President, Cashier Tyler State Bank & Trust Co____ Chairman, President, Vice President, Cashier Victoria National Bank . — Executive Vice President The Citizens National Bank of Waco Chairman, President, Vice President, Cashier The First National Bank of Waco _. Chairman, President City National Bank in Wichita Falls . Vice President First. National Bank of Wichita Falls ..... President Wichita National Bank of Wichita Falls Chairman, President, Vice President, Cashier Information Concerning Eligibility for Class A Directorship of a Federal Reserve Bank Section 4 o f the Federal Reserve Act provides that Class A directors shall be chosen by and be representative of the member banks. No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member bank o f which he is an officer or director. Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director. Under a resolution o f the Federal Reserve Board, adopted December 23, 1915, persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members o f political party committees, can not, consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve banks. The Federal Reserve Board also passed a resolution, December 28, 1915, that “ national bank examiners shall not hereafter be elected . . . to directorships in Federal Reserve banks.” GROUP 3 Consisting of all member banks with a combined capital and surplus of less than $100,000 Banks in this group elect one Class A director LOUISIANA N am e o f B ank o r T rust C om p a n y L o c a tio n Delhi Officers A u th o riz e d to Cast V o te Chairman, President, Vice President, Cashier NEW M EXICO N am e o f Bank o r T ru st C om pa n y L o c a tio n Deming Hagerman Hatch Hot Springs Logan Melrose Mimbres Valley Bank..—----------- -------- ------------- --------------First National Bank-----------..--------------------------------------------First National Bank------------;— ------------------------- --------------Hot Springs National Bank...... :----------------- -------------------- — McFarland Brothers Bank.----------------------------------------- The First National Bank of Melrose.......... ........................... Nara Visa Portales Santa Rosa First National Bank______________________ The Portales National Bank..__________ _____________ The First National Bank of Santa Rosa.—.............................. Officers A u th o riz e d to Cast V o te President, Vice President, Cashier, Secretary Chairman, President, Vice President, Cashier President Chairman, President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier, Assistant Cashier James M. Burns, Cashier President Cashier OKLAHOM A N am e o f Bank o r T ru st C om p a n y L o c a tio n Antlers Atoka Broken Bow Coalgate Colbert Hugo O fficers A u th o riz e d to Cast V o te Chairman, President, Vice President, Cashier President , Vice President First National Bank_______________________ ___________ - Cashier The Citizens State Bank----- -----------------------------— . President T E XA S L o c a tio n Officers A u th o riz e d to Cast V o te N am e o f B ank o r T ru st C om p a n y Alto Amherst Anderson Anna Aransas Pass Aspermont A.vinger Bailey Baird Bandera Bandera Bangs Bastrop Beeville Bells Belton Blanco Bogata Booker Brackettville Bremond Bridgeport Bronte Continental State Bank___ _______________ First National Bank_____________________ First National Bank_____________________ First National Bank_____________________ The First State Bank, Aransas Pass, Texas. First National Bank of Aspermont________ The First State Bank_____________________ First National Bank___________ __________ The First National Bank of Baird_________ First National Bank_____________________ First State Bank________________________ First State Bank______ __________________ First National Bank_____________________ State Bank & Trust Company_____________ First National Bank_____________________ Peoples National Bank..._________________ The Blanco National Bank________________ First National Bank in Bogata____________ The First State Bank____________________ The First State Bank____________________ The First State Bank of Bremond________ The First National Bank of Bridgeport____ First National Bank in Bronte_____________ Byers Bynum Caddo Mills Cameron Canton Canyon Celeste Celina Chillicothe Clarendon Clarendon Clarksville Claude Cleveland Cleveland Clifton College Station Commerce Coolidge Cooper Crandall Crosby Crosbyton Crowell Cuero Cushing Daingerfield Darrouzett DeKalb Deport Dodson East Bernard Eastland First National Bank_____________________ First National Bank_____________________ State National Bank_____________________ First National Bank in Cameron_________ First National Bank_____________________ The First National Bank in Canyon_______ The First National Bank of Celeste_______ The First State Bank____________________ First National Bank______ ______________ The Farmers State Bank of Clarendon____ First National Bank _____ ________________ First National Bank in Clarksville________ First National Bank_____________________ Farmers State Bank_____________________ First National Bank______ _______________ Farmers State Bank...................................... College Station State Bank_______________ The First National Bank of Commerce____ The First National Bank of Coolidge______ The First National Bank in Cooper_______ The Citizens National Bank of Crandall___ Crosby State Bank_______________________ Citizens National Bank of Crosbyton______ Crowell State Bank______________________ Farmers State Bank & Trust Company____ First National Bank of Cushing---------------The National Bank of Daingerfield_________ The First National Bank of Darrouzett____ State Bank of DeKalb____________________ First National Bank_____ _______________ The First State Bank._____ ______________ Union State Bank_______________________ Eastland National Bank__________________ President Cashier President, Vice President, Cashier President Vice President and Cashier Chairman, President, Vice President, Cashier Vice President Vice President and Cashier President, Cashier President, Vice President, Cashier President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier Cashier L. T. Youngblood, Chairman of the Board and President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier President President, Vice President, Cashier H. I. Jones, Vice President Chairman, President, Vice President, Cashier Chairman, Vice Presidents, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier, Director D. E. Bickley Vice President, President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President President, Cashier Chairman, President, Vice President, Cashier Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier T E X A S——Continued Location Edgewood Emory Evant Falfurrias Falls City Farmersville Fayetteville F erris Follett Forney Forney Franklin Franklin Fredericksburg Freeport Gatesville George West Glen Rose Gordon Gorman Graford Grand Saline Grandview Granger Granger Groom Groveton Hale Center Handley Haskell Hempstead Higgins Holland Iola Iowa Park Italy Jacksboro Jacksboro Jefferson Kemp Kerrville Killeen Kingsville Knox City Kosse Lacoste Ladonia La Feria Lakeview Lancaster La Porte Leonard Levelland Lewisville Linden Lipan Loraine Lorenzo Name of Bank or Trust Company The First National Bank of Edgewood-...................... ............ First National Bank First National Bank__________ _______________________ — The First National Bank in Falfurrias_________________ Falls City National Rank First National Bank at Farmersville..________________ Farmers National Bank ____________ Farmers and Merchants State Bank of Ferris, Texas________ Follett National Bank............... ........... ............................... ..... The Farmers National Bank of Forney._________ ___ _______ Forney State Bank....... ............................................................... First National Bank___________________ __________________ __ The First State Bank Security State Bank____ ___ ______________ ___________ _ Freeport National Bank.......................................... ........ ..... Guaranty Bank & Trust Company.____ __ _______ First National Bank in George West..................... First National Bank in Glen Rose_________ _______ ______ First National Bank_______________ _________ First National Bank____ First National Bank ...... First National Bank of Grand Saline_____________ The First National Bank of Grandview ... ______ The First State Bank____________________ ____ Granger National Bank___________ ___ _______ ___ ___ State National Bank__________________________ .. ......... First National Bank in Groveton__________________________ First National Bank_______________________ _______ ___ . First National Bank of Handley___________________________ Haskell National Bank____ ______________________ . __ . Citizens State Bank... First National Bank in Higgins______ First National Bank............. ................................................ Iola State Bank..... ............................. ............................ The State National Bank of Iowa Park_________ First National Bank_____________ ________ ________ The First National Bank of Jacksboro...................... The Jacksboro National Bank..................... ....... Rogers National Bank__________________________ Officers Authorized to Cast Vote Chairman, President, Vice President, Cashier Vice President and Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President D. H. Moyers, President Vice President, Cashier President, Cashier Vice President and Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman Chairman, President, Vice President, Cashier President, Vice President Cashier President, Vice President Chairman, President, Vice President, Cashier 0. P. Newberry, President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Vice President President, Vice President, Cashier Vice President, Cashier President, Vice President L. B. Mewhinney, President _______________________ Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, Vice President, Cashier Chairman, President, Vice President, Cashier First National Rank First State Bank___ _______ ___________________ __________ First National Bank___________________ _________________ First National Bank of Kingsville............................. , __ The Citizens State Bank............................................................ The First State Bank—....................... ....................... ............... Lacoste National Bank_______ _____ _ .. _________ _________ Farmers & Merchants State Bank........................................ — First National Bank of La Feria__________ ___________ ____ Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier Cashier Director, J. C. Thompson Chairman, President, Vice President, Cashier, Assistant Cashier Cashier First National Bank ................................................... First National Bank_____________________________________ Chairman, President, Vice President, Cashier The First National Bank of La Porte_______________________ President, Vice President, Cashier The Leonard National Bank_______________ ______________ President Levelland State Rank First National Bank —__ _____________ _________ Chairman, President, Vice President, Cashier First National Bank.................................. . .. Cashier First National Bank_________________ Cashier First State Bank—------------ — ......................... .... ........... Vice President and Cashier Lorezno State Bank................................. ..................................... Chairman, President, Vice President, Cashier TEXA S— Continued L o c a tio n Lovelady Madisonville MadisonviUe Mansfield Marfa Marion Marlin Matador Mathis Maypearl McLean Melvin Menard Mesquite Midlothian Milford Moody Moran Morton Mount Calm Mount Pleasant Muleshoe Naples New Boston Newcastle Newton Nocona Nordheim Normangee O’Donnell Oglesby Pearsall Perryton Pittsburg Plano Pleasanton Poth Quitaque Ralls Rankin Reagan Rhome Richardson Richland Richmond Robert Lee Robstown Roby Rockport Rocksprings Rockwall Roscoe Rosebud Rosenberg Rowena Roxton Royse City O fficers A u th o riz e d to Cast V o te N am e o f B a n k o r T ru st C om p a n y First National Rqnk Cashier Tho Marfa Statp Rank Marion State Rank Marlin National Rank The First State Rank of Matador First State Rank of Mathis First. State Rank Ameriean National Rank in Me.T.ean First National Rank The Menard National Rank The First National Rank of Mesquite First. National Rank in Midlothian First. National Rank First National Rank Moran National Bank First State Rank First National Rank in Mount. Calm Guaranty Rond State Rank Muleshoe State Rank Morris County National Rank The First National Rank of New Roston Farmers National Rank of Newcastle ... First National Rank Peoples National Rank First National Rank First National Rank President Chairman, President, Vice President, Cashier President Cashier Chairman, President, Vice President, Cashier J. P. Looney, Cashier Cashier Vice President Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier The First National Rank of O’Dnnnell Chairman, President, Vice President, Cashier The Pittsburg National Rank The. First National Rank of Plano First National Rank in Pleasanton The First National Rank at Poth First National Rank Security State Rank Ri Trust Company The First State Rank of Rankin First National Rank First National Rank in Rhome Citizens State Rank of Richardson, Texas President President, President Chairman, Chairman, Chairman, Chairman, Cashier Cashier President Chairman, President, Vice President, Cashier Cashier President, Cashier President, Cashier President, Cashier Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Cashier Cashier President, President, President, President, Vice Vice Vice Vice President, President, President, President, Cashier Cashier Cashier Cashier Fort Rend National Rank The Rohst.own National Rank Citizens State Rank, Roby, Texas First National Rank . Peoples State Rank The First. State Bank________ The Roscoe State Rank The First National Bank of Rosebud . First National Bank_____________ First National Bank_______ The First National Bank of Roxton Citizens State Bank............. .... Vice President A. C. Glass, Cashier Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier TEXAS— Continued L o c a tio n The Farmers National Bank of Rule, Texas__ Farmers and Merchants State Bank_________ The First National Bank of Saint Jo__________ Rule Rusk Saint Jo San Antonio Sanger San Marcos Santo Schertz Schulenburg Schwertner Seminole Shamrock Shamrock Shiro Silsbee Strawn Strawn Slreetman Sudan Taft Taft Thorndale Tomball Tom Bean Trent Trenton Trinity Valley Mills Valley View Valley View Van Horn Wellington Wellington West West West Columbia White Deer Whitesboro Whitney Windom Wolfe City ; Woodsboro Wortham Yorktown Officers A u th o riz e d to Cast V o te N am e o f B ank o r T rust C om p a n y 4 Broadway National Bank of Alamo Heights___ The First National Bank of Sanger___________ The First National Bank of San Marcos______ First National Bank________________________ Schertz State Bank_________________________ First National Bank_________________________ First National Bank_________________________ Seminole State Bank_______________________ Farmers & Merchants State Bank of Shamrock. The First National Bank of Shamrock________ Farmers State Bank of Shiro, Texas_________ Silsbee State Bank___ _____________________ First National Bank________________________ The Strawn National Bank___________ ______ First National Bank__________ ___ __________ First National Bank_______ _________________ The First National Bank of Taft_______ _____ The First State Bank of T aft________________ Thorndale State Bank______________________ Guaranty Bond State Bank__._______________ First National Bank________________________ Home State Bank_________________ _________ First National Bank________________________ The First National Bank of Trinity__________ First National Bank in Valley Mills__________ First National Bank________________________ Valley View National Bank.... .............. ........ _.... Van Horn State Bank of Van Horn, Texas____ The First National Bank in Wellington_______ Wellington State Bank______________________ The State National Bank in West____________ West National Bank________________________ The First Capitol State Bank________________ The Farmers National Bank of White Deer.__ Security National Bank of Whitesboro_______ First National Bank in Whitney._____________ First National Bank________________________ Wolfe City National Bank in Wolfe City_____ First National Bank________ _______________ First National Bank________________________ First State Bank of Yorktown______ _________ Cashier President, Jeff Austin Chairman, President, Vice President, Cashier, Assistant Cashier Vice President Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier President President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President President, Vice President Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier President, Cashier Chairman, President Cashier President Chairman, President, Vice President * Directors of the Federal Reserve Bank o f Dallas O cc u p a tio n E lected b y banks in g r o u p Class T erm expires Decs 31 ................... President, Alamo National Bank, San Antonio, Texas 1 A 1948 ............................ Chairman of Board, Temple National Bank, Temple, Texas 2 A 1947 3 A 1946 N am e Walter P. Napier J.E . Woods Frank T u r n e r .......................... * President, First National Bank in Decatur, Decatur, Texas Geo. A. Hill, J r . ...................... President, Houston Oil Company of Texas, Houston, Texas 1 B 1946 J. R. M i l a m ............................. President, The Cooper Company, Inc., Waco, Texas 2 B 1948 W .F . B e a ll................................ President and General Manager 3 Beall Brothers 3 Jacksonville, Texas 3 B 1947 C 1946 C 1948 C 1947 J. R. Parten ............................. Chairman President, Woodley Petroleum Company, Houston, Texas R. B. Anderson ....................... Deputy Chairman General Manager, W. T. Waggoner Estate, Vernon, Texas G. A. F r ie r s o n .......................... G. A. Frierson & Son, Planters & Merchants, Shreveport, Louisiana Appointed by the Board of Governors o f the Federal Reserve System 99