The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FEDERAL RESERVE BANK OF DALLAS September 29,1950 ELECTION OF DIRECTORS To the Member 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 of this bank whose terms expire December 31, 1950: Class A director - Mr. W. L. Peterson, President State National Bank of Denison Denison, Texas Class B director - Mr. W. F. Beall, President and General Manager 3 Beall Brothers 3, Department Stores Jacksonville, Texas The Class A director will be elected by banks in Group 2, and the Class B director by banks in Group 3. The banks in Group 1 do not elect a director this year. In accordance with the announcement contained in my circular letter of September 13, 1949, Group 1 consists of banks with capital and surplus of $650,000 and over; Group 2 consists of banks with capital and surplus of over $150,000 and less than $650,000; and Group 3 consists of banks with capital and surplus of $150,000 and less. Lists of banks comprising Groups 2 and 3 are given on the following pages. Each bank in Group 2 is permitted to nominate a candidate for Class A director and each bank in Group 3 a candidate for Class B director. The nomination must be made by resolution of the Board of Directors and a certified copy of the resolution must be forwarded in time to reach me on or before October 30, 1950. A form for this purpose is enclosed. On or about November 3, 1950, a list of candi dates (indicating by whom nominated) and a preferential ballot will be mailed to each bank in the voting groups. The polls will open on November 6, 1950, and close at 2:00 p.m. on November 21, 1950, 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 candidates will be invited to be present or represented on that occasion. In order to be counted, a ballot must be executed by an officer authorized by resolution of the Board of Directors to cast the vote for the bank. On the following pages are shown the titles of officers heretofore designated for that purpose. The authority 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 author ization is made, it is preferable that designations should be by title. While the banks in Group 1 will not vote in this election, this circular is sent to them, without forms, for their information. Yours very truly, J. R. P a r t e n Chairman of the Board This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) In form ation C oncerning Eligibility fo r Class A D irectorship o f a Federal Reserve Bank Section 4 of 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 of 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 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 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 2 Consists of all member banks with a combined capital and surplus of over $150,000 and less than $650,000 Banks in this group elect one Class A director LOUISIANA L o c a tio n Bastrop Homer Mansfield Minden Ruston O ffic e rs A u t h o r i s e d to C a s t V o t e N am e o f B an k o r T ru st C om pany Bastrop National Bank___________ __________ Homer National Bank______ .. ________ __ First National Bank in Mansfield........................................ Minden Bank & Trust Company........ ........................ The First National Bank of Ruston____________ . President Chairman, President, Vice President, Cashier Cashier President — NEW MEXICO N am e o f B an k or T ru st C o m p an y L o c a tio n Artesia Artesia Carlsbad Carlsbad Clovis Hobbs Las Cruces Lovington Portales Roswell Silver City Tucumcari O ffic e rs A u t h o r i s e d to C a s t V o t e T h e F i r s t N a tio n a l R a n k o f A rte s ia Ross Sears, President A m e ric a n R a n k o f C a r ls b a d Chairman, President, Vice President, Cashier President Vice President The C a r ls b a d N a tio n a l R a n k T h e C lo v is N a tio n a l R a n k F i r s t N a tio n a l R a n k o f H o h h s Chairman, President, Vice President, Cashier Vice President, Cashier F i r s t N a tio n a l R a n k President, Cashier The First National Bank of Roswell..... ....................... . .. _ President, Vice President, Cashier T h e A m e ric a n N a tio n a l R a n k o f S ilv e r C ity Cashier ' T h e F i r s t N a tio n a l R a n k in T n c m -n ca ri Chairman, President, Vice President T h e F i r s t N a tio n a l R a n k o f F a s ririir.es F o v in g to n N a tio n a l R a n k OKLAHOMA L o c a ti o n Durant Durant Hugo N am e o f B an k o r T ru st C om pany The Durant National Rank in Durant The First National Rank in Durant Security First National Rank of Hugo O ffic e rs A u t h o r i z e d t o C a s t V o te President, Vice President, Cashier President, Vice President Vice President ' TEXAS L o c a tio n N am e o f B an k o r T ru st C om pany Chairman, President J. H. Paul, President; Grady Oldham, Vice President Chairman, President, Vice President, Cashier Chairman Albany Angleton Chairman, President, Vice President Chairman, President, Vice President, Cashier President President President, Vice President, Cashier Ballinger Bay City Bay City Baytown Baytown Beaumont Beeville O ffic e rs A u t h o r i z e d to C a s t V o t e Security State Bank and Trust Company of Beaumont____ The Commercial National Bank of Beeville__________ Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President C. R. Stahl, President President President Chairman, President, Vice President and Cashier Big Spring Big Spring Borger Borger Brady Breckenridge Chairman, President, Vice President, Cashier Chairman, President Brownsville First National Bank at Brownsville____ ______ Bryan Bryan Bryan First State Bank and Trust Company, Bryan, Texas...... C a ld w e ll N a tio n a l "Rank T h e F i r s t N a tio n a l B a n k o f C a n a d ia n Carthage Clarksville Cleburne Cleburne Cleveland Coleman Colorado City Conroe Corpus Christ! Corsicana Dalhart Dalhart Dallas Dallas Dallas Dallas Decatur Denison Red River National Bank in Clarksville_____ ___ ____ F ir s t N a tio n a l B a n k in C o n ro e Chairman, President, Vice President, Cashier President, Vice President, Cashier, Assistant Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President Chairman, President, Vice President, Cashier Vice President President, Vice President, Cashier President, Vice President and Cashier Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier J. E. Standley or W. E. Abbas, Vice Presidents Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice Presidents, Cashier President, Vice President President, Vice President, Cashier President President, Vice President, Cashier American National Bank of Oak Cliff, Dallas, Texas____ Fair Park National Bank of Dallas ______________ National Bank of Commerce.-............................................... President Oak Lawn National Bank of Dallas...................................... Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier T h e F i r s t N a tio n a l B a n k in D e c a tu r Vice President President, Vice President, Cashier TEXAS— Continued L o c a tio n Denison Denton Dublin Dumas Eagle Pass Edinburg Edna El Campo Ennis Fabens Floydada Fredericksburg Gainesville Galveston Garland Gatesville Gilmer Gladewater Goliad Gonzales Graham Graham O ffic e rs A u t h o r i z e d t o C a s t V o t e N am e o f B an k o r T ru st C om pany The State National Bank of Denison...__ ______________ The Denton Gonnty National Rank of Denton The Dublin National Rank First State Bank The First National Rank of F.agle Pass First National Rank in Fdinhnrg First National Rank of F.Hpa Commercial State Bank nf F.l Campn Citizens National Rank in fmnis First National Bank The First National Rank of Floydada Fredericksburg National Bank of Fredericksburg_____ ____ The Gainesville National Bank in Gainesville . The State National Rank of Garland The National Bank of Gatesville First National Bank The First State Bank The First National Bank of Goliad___ ____ Gonzales State Bank.._____ ________ _ Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Cashier Vice President The Graham National Bank President, Vice President, Cashier ' President, Vice President, Cashier Chairman, President, Vice President, Cashier President President President, Vice President, Cashier Vice President, Cashier D. F. Ford, Vice President Greenville Hamilton Hamlin Harlingen Harlingen Henderson The Citizens National Rank of Greenville Hamilton National flank The Farmers &Merchants National Rank The First National Bank nf Harlingen Harlingen State Rank Citizens National Rank nf Henderson President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President, Cashier President, Vice President, Cashier Cashier Hereford Hillsboro Hondo The First National Rank of Hereford The Citizens National Bank of Hillshnrn ...... The Hondo National Bank Almeda State flank Fast Fnd State Rank Fidelity Bank and Trust Company The Harrisburg National Bank of Houston Heights State Rank The Industrial State Bank of Houston, Tevaa River Oaks State Rank South Main State Bank University State Rank The Huntsville National Bank. ______________ _ The First National Bank of Jacksonville............... ........ .. The Karnes County National Bank of Karnes City First-Nir.hnls National Rank of Kenedy President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Houston Houston Houston Houston Houston Huntsville Jacksonville Karnes City Kenedy Kilgore Kilgore Killeen Kingsville Lampasas Lampasas Llano _ The Kilgore National Bank________ ___________ First National Bank of Killeen Kleberg First National Rank nf Kingsville The First National Rank of T.amesa The T.amesa National Rank First National Rank The Peoples National Rank of Lampasas The Laredo National Rank Union National Rank of Laredo The First National Rank of Levelland The First National Rank of Littlefield Moore State Bank_ .____ ____________ _______ Executive Vice President Vice President, Cashier President, Vice President, Cashier President, Vice President President, Vice President and Cashier President President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier, Assistant Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President President President, Vice President, Cashier Chairman, President, Vice President, Cashier . President, Vice President TEXAS— Continued L o c a ti o n Lockhart Lubbock Lufkin Lufkin Marlin Marshall Marshall McAllen McAllen McGregor McKinney McKinney Memphis Mercedes Midland Mineral Wells Mineral Wells Mission Monahans Mount Pleasant Nacogdoches Nacogdoches Navasota New Braunfels Nocona Odessa Olney . Orange Orange Ozona Palestine Palestine Pampa Paris Paris Pecos Pecos Perryton Plainview Port Arthur Port Neches Post Quanah Quitman Raymondville Refugio Robstown Rotan San Angelo San Antonio San Antonio San Antonio San Benito Seguin Seguin Seguin Shiner Snyder Snyder N am e o f B an k o r T ru st C om pany O ffic e rs A u t h o r i s e d t o C a s t V o te First-Lockhart National Bank_____ __________________ President American State Bank______________________________ Cashier The First State Bank & Trust Company of Lufkin________ Chairman, President, Executive Vice President, Vice President, Cashier The Lufkin National Bank__________________________ Vice President First State Bank of Marlin__________________________ The First National Bank of Marshall__________________ Cashier The Marshall National Bank_________________________ President, Cashier First National Bank_______________________________ Chairman, President, Vice President, Cashier McAllen State Bank_______________________________ President, Vice President The First National Bank of McGregor________________ President, Vice President, Cashier Central National Bank of McKinney___________________ Chairman, President, Vice President, Cashier The Collin County National Bank of McKinney_________ Chairman, President, Vice President, Cashier The First National Bank of Memphis__________________ President, Cashier The First National Bank of Mercedes_________________ Cashier Midland National Bank____________________________ President City National Bank_______________________ _______ President The State National Bank of Mineral Wells_____________ President, Vice President First National Bank of Mission.______________ ,______ Chairman, President, Vice President, Cashier First National Bank of Monahans_____________________ The First National Bank in Mount Pleasant_____________ President, Vice President, Cashier Commercial National Bank in Nacogdoches_____________ President The Stone Fort National Bank of Nacogdoches__________ Chairman, President, Vice President, Cashier The First National Bank of Navasota__________________ President, Cashier The First National Bank of New Braunfels_____________ President The Farmers and Merchants National Bank of Nocona........ C. McCall, President First State Bank__________________________________ President, Executive Vice President The First National Bank of Olney._____________ ______ President, Vice President, Cashier First National Bank in Orange_______ ___________ ___ President, Vice President, Cashier Orange National Bank_____________________________ President, Vice President, Cashier Ozona National Bank______________________________ President, Vice President, Cashier East Texas National Bank_______________ __________ President, Vice President Royall National Bank_____________________________ President, Vice President, Cashier First National Bank in Pampa_______________________ President First National Bank of Paris________________________ President The Liberty National Bank in Paris__________________ Chairman, President, Vice President, Cashier First National Bank of Pecos......................... ...................... Chairman, President, Vice President, Cashier The Security State Bank of Pecos, Texas______________ The First National Bank of Perryton.... ............... ............... President The City National Bank of Plainview._________________ Chairman, President, Vice President, Cashier The Merchants National Bank of Port Arthur___________ Chairman, President, Vice President, Cashier The First National Bank of Port Neches_______________ President, Cashier The First National Bank of Post............... ............................ Cashier First National Bank_______________________________ Chairman, President, Vice President, Cashier The First National Bank of Quitman__________________ Chairman, President, Vice President, Cashier The First National Bank of Raymondville_____________ President The First National Bank of Refugio___________________ Cashier State National Bank_______________________________ President The First National Bank of Rotan_______ ____ ________ First National Bank________________________ _______ President Broadway National Bank of Alamo Heights_____________ Chairman, President, Vice President, Cashier First National Bank of San Antonio__________________ Chairman, President, Vice President, Cashier The National Bank of Fort Sam Houston at San Antonio....... Chairman, President, Vice President, Cashier The San Benito Bank & Trust Company..__ ____________ Executive Vice President The First National Bank of Seguin____________________ Chairman, President, Cashier The Nolte National Bank of Seguin.___ ______________ Chairman, President Seguin State Bank & Trust Company._________________ First National Bank of Shiner_______________________ Chairman, President, Cashier Snyder National Bank._____________________________ West Texas State Bank__ __________ _______________ TEXAS— Continued L o c a tio n Sonora Spearman Spur Stamford Stephenville Sterling City Sulphur Springs Tahoka Taylor Taylor Terrell Texas City Tulia Uvalde Vernon Vernon Waco Waxahachie Waxahachie Weatherford Weatherford Weatherford Wellington Weslaco Wharton Winnsboro Yoakum N am e o f B an k o r T ru st C om pany First National Bank________________________ _______ _ First State Bank__________________________________ Spur Security Bank_____________________________ __ The First National Bank in Stamford_________________ Farmers-First National Bank________________________ First National Bank_______________________________ City National Bank_______________________________ First National Bank of Tahoka______________________ The City National Bank____________________________ First-Taylor National Bank_________________________ The American National Bank of Terrell_______________ The Texas City National Bank of Texas City____________ The First National Bank of Tulia_____________________ The First State Bank of Uvalde, Texas________________ Herring National Bank_____________________________ The Waggoner National Bank of Vernon______________ National City Bank_______________________________ Citizens National Bank in Waxahachie................................. Waxahachie Bank and Trust Company________________ The Citizens National Bank of Weatherford_____________ The First National Bank of Weatherford______________ The Merchants and Farmers State Bank of Weatherford___ The First National Bank in Wellington________________ The First National Bank of Weslaco__________________ Wharton Bank and Trust Company____________________ The First National Bank of Winnsboro________________ The Yoakum National Bank..... ............................................ O ffic e rs A u t h o r i s e d t o C a s t V o t e Vice President, Cashier Vice President Vice President, Cashier President, Cashier President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President President, Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President Cashier President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Inform ation,.C oncerning Eligibility fo r Class B D irectorship o f 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 of 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 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.” Under date of July 2, 1925, the Federal Reserve Board advised it had “reached the conclusion that a person whose sole occupation is that of officer of an insurance company is not eligible for elec tion as a Class B director of a Federal Reserve bank.” GROUP 3 Consists of all member banks with a combined capital and surplus of $150,000 and less Banks in this group elect one Class B director LOUISIANA L o c a tio n N am e o f B ank o r T ru st C om pany O ffic e rs A u t h o r i z e d to C a s t V o te President Chairman, President, Vice President, Cashier Chairman, President Arcadia Delhi Lake Providence Oak Grove NEW MEXICO L o c a tio n Bayard Deming Hagerman Hatch Logan Lordsburg Melrose Nara Visa Portales Roswell Santa Rosa Truth or Consequences N am e o f B an k o r T ru st C om pany O ffic e rs A u t h o r i z e d t o C a s t V o te The Grant County State Bank_ ___ .............................. Mimbres Valley Bank__ ___________________________ First National Bank........... . ......... ........................ First National Bank____________________ ___ McFarland Brothers Bank___________________ _ _ The First National Bank of Lordsburg_______________ The First National Bank of Melrose_________________ Active Vice President, Cashier President, Vice President, Cashier, Secretary Vice President President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier, Assistant Cashier First National Bank........ ............................ .............. James M. Bums, Cashier The Portales National Bank................... ........... ......... ....... President, Cashier Roswell State Bank- __ — ........ _ ___ __ __ . The First National Bank of Santa Rosa... ............ ...... . Cashier Hot Springs National Bank__ ________________ President, Cashier ' OKLAHOMA L o c a tio n Antlers Atoka Boswell Broken Bow Coalgate Colbert Hugo Idabel Madill Madill O ffic e rs A u t h o r i z e d t o C a s t V o te N am e o f B an k o r T ru st C om pany First National Bank at Antlers______ _ . _ The Atoka State Bank____________________________ Boswell State Bank___________________ _______ Citizens State Bank_______________________ First National Bank in Coalgate_________ ._ First National Bank____ __ ______________________ _ The Citizens State Bank___________________ _ Idabel National Bank of Idabel_______________ _ The First National Bank in Madill______ ___ _________ The Madill National Bank. _ __________ ____ _ Chairman, President, Vice President, Cashier President President, Vice President, Cashier President Cashier Cashier Chairman, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier TEXAS L o c a tio n N am e o f B an k o r T ru st C om pany Alpine Alto Alvord Amherst Anderson Anna Anson Anton Aransas Pass Aspermont Atlanta Atlanta Avinger Bailey Baird Bandera Bandera Bangs Bastrop Beeville Bells Bellville Belton Blanco Bogata Booker Brackettville Brady Bremond Brenham Bridgeport Bronte Burkburnett Byers Bynum Caddo Mills Cameron Canton Canyon Carrizo Springs Celeste Celina Chillicothe Cisco The First National Bank of Alpine________ Continental State Bank________________ Alvord National Bank____ ____________ First National Bank___________________ First National Bank____ _______________ First National Bank___________________ The First National Bank of Anson________ Citizens State Bank___________________ The First State Bank, Aransas Pass, Texas.The First National Bank of Aspermont_____ Atlanta National Bank_________________ First National Bank__________ ________ The First State Bank__________________ First National Bank of Bailey__ ________ 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_______ ___________ First National Bank___________________ Peoples National Bank_______ _________ The Blanco National Bank -....—____ ____ First National Bank in Bogata__________ The First State Bank.......................... .......... The First State Bank_____ _____________ Brady National Bank—__ ______________ The First State Bank of Bremond________ The Farmers National Bank in Brenham__ The First National Bank of Bridgeport____ First National Bank in Bronte___________ First National Bank in Burkburnett..... ........ First National Bank__________________ First National Bank...................................... The State National Bank of Caddo Mills__ First National Bank in Cameron....... ......... First National Bank__________________ The First National Bank in Canyon_______ Union State Bank-------------------------------The First National Bank of Celeste............... The First State Bank________ _________ First National Bank___________________ First National Bank in Cisco____________ Clarendon The Farmers State Bank of Clarendon__ __ O ffic e rs A u t h o r i z e d t o C a s t V o t e Vice President President President President, Vice President President, Vice President, Cashier Vice President, Cashier President, Vice President, Cashier Chairman, 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 President, Vice President, Cashier Cashier Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier 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 Chairman, President, Vice President, Cashier, Assistant Cashier President TEXAS— Continued L o c a tio n Clarendon Clarksville Claude Cleveland Clifton College Station Comanche Comanche Commerce Coolidge Cooper Cooper Cotulla Crandall Crosby Crosbyton Crowell Cuero Cuero Cushing Daingerfield Darrouzett Dawson DeKalb DeLeon Del Rio Deport Dodson Eagle Lake East Bernard Eastland Eden Edgewood El Campo Eldorado Elgin Emory Evant Falfurrias Falls City FarmersviUe Fayetteville Ferris Floresville Follett Forney Forney Fort Worth Franklin Fredericksburg Freeport Gatesville Georgetown George West Giddings Gilmer Glen Rose Gordon Gorman N am e o f B an k o r T ru st C om pany First National Bank______________________ / — First National Bank in Clarksville........................ First National Bank______________________ . . Farmers State Bank__________________________ _ Farmers State Bank-. ____________ _____________ College Station State Bank_______ _________ .— - . . The Comanche National Bank______ ____ ___ __ . . State National Bank in Comanche-___ ______ _ The First National Bank of Commerce_________ - .. The First National Bank of Coolidge__ ________ . . Delta National Bank___ __ _____ _______ ~ . First National Bank in Cooper___ _______ .. Stockmen’s National Bank in Cotulla__________________ The Citizens National Bank of Crandall______ .. .. Crosby State Bank.............. ................. ....... - . _ Citizens National Bank of Crosbyton.......................... _ Crowell State Bank_ _________________ ____ Buchel National Bank in Cuero______ __________ _ . Farmers State Bank & Trust Company______ „ First National Bank of Cushing_________ ____ The National Bank of Daingerfield________________ . The First National Bank of Darrouzett...... ........... ............ The First National Bank of Dawson____ __ _....... State Bank of DeKalb_________________ _______ . . Farmers & Merchants National Bank............. .................. Del Rio Bank & Trust Company______ ____ _______ First National Bank. . ___ ______ ___ . The First State Bank, Dodson, Texas................. ......... First National Bank_ __________ _ ___ Union State Bank__ ___ _____ _____________ _ _ Eastland National Bank................................... . _ _ Eden State Bank______ ____ _____ _________ The First National Bank of Edgewood____ ___ _ The First National Bank of El Campo __ ___ The First National Bank............................. _ ........... Elgin National Bank_________________ First National Bank............................................. The First National Bank of Evant___ . . Falls City National Bank.. _ . _ __ ____ First National Bank at FarmersviUe...... Farmers National Bank__ . __ _ . . Farmers and Merchants State Bank of Ferris, Texas______ First-City National Bank of Floresville— — O ffic e rs A u t h o r i z e d t o C a s t V o t e President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, Vice Presidents, Cashier Chairman, President, Vice President, Cashier President, Cashier Vice President and Cashier Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Active Vice President Chairman, President, Vice President, Cashier President President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier Vice President and Cashier Vice President and Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President D. H. Moyers, President Chairman, President, Vice President, Honorary Vice President, Cashier The Follett National Bank........................................ Vice President, Cashier President, Cashier The Farmers National Bank of Forney ... Forney State Bank................................................... Vice President and Cashier First National Bank of Handley.___ ___ President, Vice President, Cashier First National Bank_________ _______ ____ _ Chairman, President, Vice President, Cashier Security State Bank_____________ __________ . Chairman Freeport National Bank....... .......................... ........ . Chairman, President, Vice President, Cashier Guaranty Bank & Trust Company. ...... ............ Vice President The First National Bank of Georgetown..... ............. Chairman, President, Vice President, Cashier First National Bank in George West........ ................ Cashier First National Bank................... ........ ................. President Farmers & Merchants National Bank______ ___ __ Vice President First National Bank in Glen Rose.................................. President, Vice President First National Bank __ ____ ________ _____________ Chairman, President, Vice President, Cashier First National Bank_______ __________ ____ __ __ . 0. P. Newberry, President TEXAS— Continued , L o c a tio n Graford Granbury Grand Saline Grandview Granger Granger Grapevine Greggton Groom Groveton Gruver Hale Center Hallettsville Hamilton Haskell Hawkins Hebbronville Hempstead Henrietta Hereford Hico Higgins Holland Honey Grove Houston Hughes Springs Huntsville Iola Iowa Park Italy Itasca Jacksboro Jacksboro Jefferson Junction Junction Kaufman Kemp Kerens Kerrville Knox City Kosse Lacoste Ladonia La Feria La Grange Lakeview LaMarque Lancaster La Porte Leonard Levelland Lewisville Liberty Linden Lipan Littlefield Livingston Lockney Loraine N am e o f B an k o r T ru st C om pany First National Bank_______________________________ . The First National Bank of Granbury_________________ First National Bank of Grand Saline__________________ The First National Bank of Grandview________________ The First State Bank_________________ ______________ Granger National Bank J_______ ___________________ First National Bank of Grapevine____________________ First State Bank of Greggton _____ ___________________ State National Bank of Groom______________________ First National Bank in Groveton_____________________ Gruver State Bank________________________ ________ First National Bank of Hale Center___________________ First National Bank__ ____________________________ Perry National Bank____ ___ ______________ __ _____ Haskell National Bank____________________________ First State Bank_________________________________ _ First National Bank__ ____________________________ Citizens State Bank________________________________ The First National Bank of Henrietta_________________ Hereford State Bank______________________________ The First National Bank of Hico_____________________ First National Bank in Higgins______________________ First National Bank....._____________________________ First National Bank in Honey Grove__________________ First State Bank of Green’s Bayou____________________ First National Bank in Hughes Springs________________ First National Bank of Huntsville_____________________ Iola State Bank__________________________________ _ The State National Bank of Iowa Park.________________ First National Bank___ __ _________________________ First National Bank_______________________________ First National Bank of Jacksboro_____________________ The Jacksboro National Bank_______________________ The First National Bank of Jefferson__________________ First State Bank__________________________ ,_______ Junction National Bank____________________________ Farmers & Merchants National Bank of Kaufman________ First National Bank_______________________________ First National Bank of Kerens______________________ _ First State Bank__________________________________ The Citizens State Bank___________________________ The First State Bank______________________________ Lacoste National Bank_____,______________________ _ Farmers & Merchants State Bank_____________________ First National Bank of La Feria_____________________ The First National Bank of La Grange________________ First National Bank of Lakeview.____________________ First State Bank__________________________________ First National Bank of Lancaster__ The First National Bank of La Porte The Leonard National Bank__ ____ Levelland State Bank____________ First National Bank.......................... First-Liberty National Bank_______ First National Bank_____________ First National Bank....................... . Security State Bank................... ....... First National Bank__ __________ First National Bank in Lockney......... First State Bank________________ O ffic e rs A u t h o r i s e d to C a s t V o t e Chairman, President, Vice President, Cashier President, Vice 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 and Cashier Chairman, President, Vice President, Cashier President Vice President Chairman, President, Vice President, Cashier President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President President President, Cashier Executive Vice President L. B. Mewhinney, President Chairman, President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President Cashier Chairman, President, Vice President, Cashier Chairman, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President Chairman, President, Vice President, Cashier Cashier Vice President and Cashier Chairman, President, Vice President Chairman, President, Vice President, Cashier Vice President and Cashier, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President Chairman, President Chairman, President, Vice President, Cashier Chairman, President, Vice President Cashier Cashier President, Vice President, Cashier, Assistant Cashier Vice President and Cashier TEXAS— Continued L o c a tio n O ffic e rs A u t h o r iz e d to C a s t V o te N am e o f B ank o r T ru st C om pany Lorenzo Lovelady Luling Madisonville Madisonville Maria Lorenzo State Bank____________ _____ The State National Bank of Lovelady.......... The First National Bank in Luling_______ Farmers State Bank of Madisonville, Texas. First National Bank__________ _______ Marfa National Bank_________________ Marfa Marion Marlin Marlin Mart The Marfa State Bank__ ________ ____________ Marion State Bank___________________________ The First National Bank of Marlin______________ Marlin National Bank________________________ Farmers & Merchants National Bank_____________ Mart Mason Matador Mathis Maypearl McLean Melvin Menard Merkel Mertzon Mesquite Mexia Midlothian Milford Mineola Monahans Moody Moran Morton Mount Calm Mount Pleasant Mount Vernon Muleshoe Munday Naples New Boston Newcastle Newton Nocona Nordheim Normangee Odem O’Donnell Oglesby Paducah Palestine Panhandle Pearsall Perryton Pilot Point Pittsburg Pittsburg Plano Pleasanton Poth Premont Quanah First National Bank__________________________ The Mason National Bank_____ _____ _________ The First State Bank of Matador_______________ First State Bank of Mathis____________________ First State Bank____________________________ American National Bank in McLean_____________ First National Bank of Melvin...... ............................. The Menard National Bank____________________ Farmers & Merchants National Bank_____________ First National Bank__________________________ The First National Bank of Mesquite____________ First National Bank of Mexia__________________ First National Bank in Midlothian______________ First National Bank of Milford_________________ The First National Bank of Mineola_____________ First State Bank________________________ ____ First National Bank__________________________ Moran National Bank________________________ First State Bank____________________________ First National Bank in Mount Calm_____________ Guaranty Bond State Bank____________________ The First National Bank of Mount Vernon________ Muleshoe State Bank______ ________________ First National Bank in Munday._______________ Morris County National Bank of Naples___________ The First National Bank of New Boston__________ Farmers National Bank of Newcastle........................ First National Bank............................... .................... Peoples National Bank___ _____ ______________ First National Bank__ ___ ____________________ First National Bank_________________________ First State Bank of Odem_____________________ The First National Bank of O’Donnell____________ First National Bank___ __________ ____________ First National Bank_________________________ First National Bank____ ___ _________________ First National Bank of Panhandle...___ __________ Security State Bank____ _____________________ Perryton National Bank______________________ Pilot Point National Bank_____________________ First State Bank.... .................................................... The Pittsburg National Bank__________________ The First National Bank of Plano______________ First National Bank in Pleasanton..____________ The First National Bank of Poth............................... First State Bank____________________________ Security National Bank..................... ......................... Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier, Assistant Cashier President Chairman, President, Vice President, Cashier Chairman; President; A. T. Stansell, Executive Vice President; Vice President; Cashier President, Vice President, Cashier Chairman, President, Vice President Vice President President, Cashier President, Cashier President, Cashier Cashier President Cashier President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Cashier Vice President and Cashier President Chairman, President, Vice President, Cashier President J. A. Banister, Vice President Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier J. P. Looney, Cashier Cashier Vice President President Cashier Chairman, President, Vice President, Cashier Cashier President President, Vice President, Cashier Vice President and Cashier President, Cashier President President, Cashier President Cashier Vice President, Cashier Chairman, President, Vice President, Cashier TEXAS— Continued L o c a ti o n Quitaque Ralls Rankin Rhome Richardson Richland Richmond Richmond Robert Lee Rohstown Roby Rockport Rocksprings Rockwall Roscoe Rosebud Rosebud Rosenberg Rowena Roxton Royse City Rule, Rusk Saint Jo San Augustine Sanger San Marcos San Marcos San Saba San Saba Santa Anna Santo Schertz Schulenberg Schwertner Seagraves Seminole Seymour Seymour Shamrock Shamrock Shiro Silsbee Stanton Strawn Strawn Streetman Sudan Sulphur Springs Sweetwater Taft Taft Teague Thorndale Throckmorton Tomhall Tom Bean Trent Trenton N am e o f B an k o r T ru st C om pany O ffic e rs A u t h o r i s e d t o C a s t V o te First National Rank . President, Vice President, Cashier Chairman, President, Vice President, Cashier The First State Rank of Rankin . . President, Vice President, Cashier First National Bank in Rhome______________________ Cashier President First National Rank First National Rank President, Vice President, Cashier Robert Lee State Rank The Rohstown National Rank . First National Rank Peoples State Bank___ _____ ___ ___________. . The First State Rank The Rnseoe State Rank The First National Rank of Rosehnrl Planters National Rank First National Rank First National Rank The First National Bank of Roxton............................ Citizens State Bank___ _______ __________ _ . The Farmers National Rank nf Ride, Texas Farmers and Merchants State Bank______ ____ _____ The First National Bank of Saint Jn The First National Rank of San Augustine The First National Rank of Sanger The First National Rank of San Marcos State Bank and Trust Company Citv National Bank San Saba National Bank The Santa Anna National Rank First. National Rank Schertz State Bank First National Rank First National Rank The First National Bank in Seagraves Seminole State Bank The Farmers National Rank of Seymour The First National Bank of Seymour Farmers & Merchants State Bank of Shamrock__________ The First National Bank of Shamrock................................ Farmers State Bank of Shiro, Texas_______ ___________ Silsbee State Bank__________________ The First National Rank of Stanton First National Bank......................... ..................... ............... The Strawn National Rank First National Rank First National Rank Sulphur Springs State Bank National Rank of Sweetwater The First National Rank of Taft The First State Bank of Taft First National Bank of Teague__________ ____ _ . . Thorndale State Rank The First National Bank of Throckmorton._____________ Guaranty RonH State Rank First National Bank... ................. ......................................... Home State Rank .. First National Bank ............. A. C. Glass, Vice President Chairman, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier A. L. Dunn, Cashier Chairman, President, Vice President, Cashier Jeff Austin, President Chairman, President, Vice President, Cashier, Assistant Cashier Chairman, President, Vice President, Cashier Cashier Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier W. S. Davis, Jr., President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President, Vice President, Cashier President, Vice President, Cashier President President, Cashier President Chairman, President, Vice President, Cashier President, Vice President Executive Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President Henry Donaghey, Cashier TEXAS—Continued L o c a ti o n Trinity Troup Valley Mills Valley View Van Alstyne Wellington West West Columbia Wharton Wheeler White Deer Whitesboro Whitewright Whitney Wills Point Windom Winters Wolfe City Woodsboro Wortham Yorktown Yorktown Ysleta N am e o f B ank o r T ru st C om pany O ffic e rs A u t h o r i s e d t o C a s t V o te The First National Bank of Trinity______________ —___ President, Vice President A. D. Jenkins, Vice President First National Rank in Valley Mills Chairman, President, Vice President, Cashier The Valley View National Rank First. National Rank Cashier Van Horn State Bank of Van Horn, Texas_____________ Wellington State Bank The State National Bank in West............. ................ ...... President The West National Rank President, Vice President The First Capitol State Bank............ ................. ............... Chairman, President, Vice President, Cashier Security Bank and Trust Company Chairman, President, Vice President, Cashier First National Rank The Farmers National Rank of White Deer Security National Rank of Whiteshoro President, Vice President The First National Rank of Whitewright President First National Bank in Whitney Chairman, President, Vice President, Cashier The First National Bank of Wills Point_______________ President First National Bank_____________________ ____ _ President, Cashier The. Winters State Rank Chairman, President, Vice President, Cashier Wolfe City National Rank in Wolfe flity Chairman, President, Vice President First National Rank Cashier First National Rank President First. National Rank First State Rank of Yorktown Chairman, President, Vice President Citizens State Rank President D irectors o f the Federal Reserve Bank o f Dallas Name E lected by B a n k s in G ro u p O c c u p a tio n C lass T e rm E x p ire s D ec. 3 1 P. P. B u t le r ................................. President, First National Bank in Houston, Houston, Texas l A 1951 W. L. P e t e r s o n ............................ President, The State National Bank, Denison, Texas 2 A 1950 J. Edd McLaughlin Vice President, Security State Bank and Trust Company, Ralls, Texas 3 A 1952 1 B 1952 2 B 1951 3 B 1950 C 1952 99 C 1951 99 C 1950 . . . . George L. MacGregor . . . . Chairman of the Board, President and General Manager, Dallas Power and Light Company, Dallas, Texas J. R. M ila m ................................. President, The Cooper Company, Inc., Waco, Texas W. F. B e a l l ................................. President and General Manager, 3 Beall Brothers 3, Department Stores, Jacksonville, Texas J. R. P a r t e n ................................. Chairman President, Woodley Petroleum Company, Houston, Texas R. B. A n d erson ............................ Deputy Chairman General Manager, W. T. Waggoner Estate, Vernon, Texas G. A. F r ie r s o n ............................ G. A. Frierson & Son, Merchants and Planters, Shreveport, Louisiana Appointed by the Board of Governors of the Federal Reserve System
@FedFRASER