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F

e d e r a l

R

e s e r v e

B

a n k

OF DALLAS

Dallas, Texas, September 27, 1954

ELECTION O F DIRECTORS

To the Member Banks in 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, 1954:
Class A director — Mr. P. P. Butler
President, First National Bank in Houston
Houston, Texas
Class B director — Mr. D. A. Hulcy
Chairman of the Board and President, Lone Star Gas Company
President, Lone Star Producing Company
Dallas, Texas
The Class A director will be elected by banks In Group 1, and the Class B director, by banks in Group 2.
The banks in Group 3 do not elect a director this year. In accordance with the announcement contained in
my circular letter of July 21, 1954, Group 1 consists of banks with capital and surplus of $1,200,000 and
over; Group 2 consists of banks with capital and surplus of over $200,000 and less than $1,200,000; and
Group 3 consists of banks with capital and surplus of $200,000 and less. Lists of banks comprising Groups
1 and 2 are given on the following pages.
Each bank in Group 1 is permitted to nominate a candidate for Class A director, and each bank in
Group 2, a candidate for Class B director. The nomination must be made by resolution of the member bank’s
Board of Directors, and a certified copy of the resolution must be forwarded in time to reach me on or
before October 29, 1954. A form for this purpose is enclosed. On or about November 5, 1954, a list of the
candidates, with the names of the nominating banks, and a preferential ballot will be mailed to each bank
in the voting groups. The polls will open on November 8, 1954, and close at 2:00 P.M. on November 23,
1954. 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 member
bank’s Board of Directors to cast the vote for that 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 author­
ization should do so by resolution of its Board olF 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 3 will not vote in this election, this circular is sent to them, without forms, for
their information.
Yours very truly.
J. R. PARTEN
Chairman of 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 A Directorship of 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 v/hich 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

1

Consists of all member banks with a combined capital and surplus of $1,200,000 and over

Banks in this group elect one Class A director
ARIZONA
Location

Officers Authorized to Cast Vote

Name of Bank or Trust Company
Southern Arizona Bank & Trust Company....................................

Tucson

Cashier

LOUISIANA
Location

Monroe
Monroe
Shreveport
Shreveport
Shreveport

Name of Bank or Trust Company

Central Savings Bank & Trust Compony.......................................
The Ouachita National Bank in Manroe................... ..................
Commercial National Bank in Shreveport.....................................
ContinentaUAmerican Bank and Trust Company......... ...............
The First Nationol Bank of Shreveport...................................... .

Officers Authorized to Cast Vote

President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier

TEXAS
Location

Abilene
Abilene
Amarillo
Amarillo
Austin
Austin
Austin
Beaumont
Beaumont
Corpus Christi
Corpus Christi
Dallas
Dallas
Dallas
Dallas
Dallas
E Paso
l

Name of Bank or Trust Company

The Citizens National Bonk in Abilene........................................
The Formers & Merchants National Bonk of Abilene.......... .........
Amarillo National Bank................................................... ............
The First National Bank of Amarillo ............................................
The American Notional Bank....... ................................................
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........................................
First Notional Bank in Dallas.......................................................
Mercantile National Bank at Dallas..............................................
National City Bank of Dallas........................................................
Republic National Bank of Dallas................................................
Texas Bank & Trust Company of Dallas........................................
E Paso National Bank.................................................................
l

Officers Authorized to Cast Vote

President, Vice President, Cashier
Chairman, President, Vice President,
Chairman, President, Vice President,
Cashier
President
President
President
Chairman, President, Vice President,
Chairman, President, Vice President,
Chairman, President, Vice President,
President, Vice President, Cashier
Chairman, President, Vice President,
Chairman, President, Vice President,
President, Vice President, Cashier
Chairman, President, Vice President,
Chairman, President
Chairman, President, Vice President,

Cashier
Cashier

Cashier
Cashier
Cashier
Cashier
Cashier
Cashier
Cashier

TEXAS — C o n tin u e d

Locolion
E Paso
l
Fort Worth
Fort Worth
Fort Worth
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Lubbock
Lubbock
Lubbock
Midland
Midland
Odessa
Port Arthur
San Antonio
San Antonio
San Antonio
San Antonio
Sherman
Temple
Texarkana
Tyler
Tyler
Victoria
Victoria
Waco
Waco
Wichita Falls
Wichita Falls

Name of Bank or Trust Company

The State National Bank of E Paso..............................................
l
Continental National Bank of Fort Worth.....................................
The First National Bank of Fort Worth..........................................
The Fort Worth National Bank......................................................
Citizens State Bank.......................................................................
The City National Bank of Houston..............................................
First National Bank in Houston....................................................
Houston Bank & Trust Company....................................................
Houston National Bank.................................................................
The National Bank of Commerce of Houston...............................
The Second National Bank of Houston.........................................
Texas National Bank of Houston..................................................
The Citizens Notional Bank of Lubbock.........................................
First National Bank at Lubbock....................................................
The Lubbock National Bank..........................................................
The First National Bank of Midland..............................................
Midland National Bank...............................................................
The First National Bank of Odessa................................................
The First National Bank of Port Arthur.........................................
The Alamo National Bank of San Antonio.....................................
The Frost National Bank of San Antonio.......................................
The Groos National Bank of San Antonio.....................................
National Bank of Commerce of San Antonio.................................
The Merchants & Planters National Bank of Sherman....................
First National Bank of Temple......................................................
The Texarkana National Bank......................................................
The Citizens National Bank of Tyler............................................
The Peoples National Bank of Tyler..............................................
Victoria Bank & Trust Company....................................................
The Victoria National Bank of Victoria.........................................
The Citizens National Bank of Waco............................................
The First National Bank of Waco..................................................
City National Bank in Wichita Falls............................................
First National Bank of Wichita Falls............................................

Officers Authorized to Cast Vote

President
President, Vice President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Chairman, President, Vice President
Chairman, President, First Vice President, Cashier
John Hughes, Executive Vice President
President, Vice President, Cashier
President
President
Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Vice President
Cashier
Ernest M. Groos, President
President, Vice President
Chairman, President, Vice President, Cashier
President
President, Vice President, Cashier
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President
Chairman, President, Vice President, Cashier
President
President, Vice President
Vice President
President

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 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
election as a Class B director of a Federal Reserve bank."

GROUP 2
Consists of oil member bonks with a combined capital and surplus of over $200,000 and less than $1,200,000

Banks in this group elect one Class B director
LOUISIANA
locotton
Bastrop
Bossier City
Homer
Mansfield
Minden
West Monroe

Nome of Bank or Trust Company

Bastrop National Bank.................................................................
The National Bank of Bossier City................................................
Homer National Bank...................................................................
First National Bank in Mansfield..................................................
Minden Bank & Trust Company....................................................
First National Bank of West Monroe............................................

Officers Authorized to Cast Vote

President
President
Chairman, President, Vice President, Cashier
Cashier
President
Executive Vice President

NEW MEXICO
location

Artesia
Carlsbad
Carlsbad
Clovis
Hobbs
Las Cruces
Lovington
Roswell
Silver City
Truth or Consequences
Tucumcari

Name of Bank or Trust Company

The First National Bank of Artesia................................................
American Bank of Carlsbad.........................................................
The Carlsbad National Bank........................................................
The Clovis National Bank.............................................................
First National Bank of Hobbs........................................................
The First National Bank of las Cruces...........................................
Lovington National Bank.............................................................
The First National Bank of Roswell..............................................
The American National Bank of Silver City...................................
Hot Springs National Bank............................................................
The First National Bank in Tucumcari..........................................

Officers Authorized to Cost Vote
Chairman, President, Vice President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Vice President
President
Chairman, President, Vice President, Cashier
President
President, Vice President, Cashier
Cashier
President, Cashier
Chairman, President, Vice President

OKLAHOMA
Locotlon

Durant
Duran)

Name of Bank or Trust Company

The Durant National Bank in Durant............................................
The First National Bank in Durant................................................

Officers Authorized to Cast Vote

President, Vice President, Cashier
President, Vice President, Cashier

TEX A S
Location

Abilene
Albany
Amarillo
Angleton
Arlington
Austin
Bay City
Bay City
Baytown
Baytown
Beaumont
Bellaire
Big Spring
Big Spring
Borger
Borger
Bowie
Brady
Breckenridge
Brenham
Brenham
Brownfield
Brownfield
Brownsville
Brownwood
Brownwood
Cameron
Carthage
Childress
Cleburne
Cleburne
Colorado City
Conroe
Conroe
Corpus Christi
Corsicana
Corsicana
Crockett
Dalhart
Dallas
Dallas
Dallas
Dallas
Dallas
Del Rio
Denison
Denison
Denton
Dumas
Eagle Pass
Edinburg
Edna
E Campo
l
E Campo
l
E Paso
l
Ennis
Fredericksburg
Gainesville
Galveston
Galveston
Galveston

Name of Bank or Trust Company

Officers Authorized to Cost Vote

First State Bank............................................................................
The First National Bank of Albany................................................
The American National Bank of Amarillo.....................................
The First National Bank of Angleton............................................
First National Bank In Arlington..................................................
Texas State Bank...........................................................................
Bay City Bank & Trust Company....................................................
The First National Bank...............................................................
Citizens National Bank & Trust Company of Baytown....................
First National Bank of Baytown....................................................
Security State Bank & Trust Company..........................................
First State Bank of Bellaire...........................................................
First National Bank in Big Spring..................................................
State National Bank of Big Spring................................................
First National Bank of Borger........................................................
Panhandle State Bank...................................................................
The First National Bank of Bowie................................................
The Commercial National Bank of Brady.......................................
First National Bank in Breckenridge............................................
The First National Bank of Brenham..............................................
Washington County State Bank...................................................
Brownfield State Bank & Trust Company.......................................
The First National Bank of Brownfield.........................................
First National Bank at Brownsville................................................
Pan American State Bank.............................................................
Citizens National Bank at Brownwood...........................................
First National Bank in Brownwood................................................
The Citizens National Bank of Cameron.......................................
First National Bank.......................................................................
The First National Bank in Childress............................................

President
Vice President
President, Executive Vice President
Chairman, President, Vice President,
President, Vice President, Cashier
President
President
Chairman, President, Vice President,
President, Vice President, Cashier
......................................
Chairman, President, Vice President,
President, Executive Vice President
Chairman, President, Vice President,
Chairman, President, Vice President,
Chairman, President, Vice President
Ralph Rittenhouse, Cashier
President
Chairman, President, Vice President,
......................................
Chairman, President, Vice President,
F. J. Kubitza, President
President
Chairman, President, Vice President,

The First National Bank in Cleburne............................................
The City National Bank of Colorado City.......................................
Conroe National Bank.................................................................
First National Bank in Conroe......................................................
First State Bank of Corpus Christi................................................
First National Bank of Corsicana..................................................
State National Bank of Corsicana................................................
First National Bank.......................................................................
First National Bank in Dalhart......................................................
Empire State Bank of Dallas........................................................

Executive Vice President, Vice President
Chairman, President, Vice President, Cashier
President, Vice President
President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Chairman, President
President
President, Vice President, Cashier

National Bank of Commerce........................................................
Oak Lawn National Bank of Dallas..............................................
Del Rio National Bank.................................................................
The Citizens National Bank of Denison.........................................
The State National Bank of Denison............................................
The Denton County National Bank of Denton...............................
First State Bank............................................................................
The First National Bank of Eagle Pass..........................................
First National Bank in Edinburg....................................................
First National Bank of Edna........................................................
Commercial State Bank of E Campo............................................
l
The First National Bank of E Campo............................................
l
Southwest National Bank of E Paso............................................
l
Citizens National Bank in Ennis....................................................
Fredericksburg National Bank of Fredericksburg.........................
The Gainesville National Bank in Gainesville.............................
The First National Bank of Galveston..........................................
Hutchings-Sealy National Bank of Galveston...............................
The Moody National Bank of Galveston.......................................

President, Cashier
Chairman, President, Vice President,
Vice President
President
Chairman, President, Vice President,
President, Vice President
President, Vice President, Cashier
Vice President and Cashier
Chairman, President, Vice President,
Chairman, President
Chairman, President, Vice President
President, Cashier
President
Chairman, President, Vice President,
Cashier
Vice President
President
President, Vice President, Cashier
Vice President

Cashier

Cashier

Cashier
Cashier
Cashier

Cashier
Cashier

Cashier

Chairman, President, Vice President, Cashier
President
President, Vice President, Cashier
President, Active Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Executive Vice President, Cashier

Cashier

Cashier

Cashier

Cashier

TEXAS — C o n tin u e d

Location

Name of Bank or Trust Company

Officers Authorized to Cast Vote

Galveston
Garland
Gonzales
Graham
Greenville
Greenville
Harlingen
Harlingen
Henderson
Henderson
Hereford
Hillsboro
Hondo
Houston
Houston

United States National Bank........................................................
The State National Bank of Garland............................................
Gonzales State Bank.....................................................................
First National Bank in Graham....................................................
Citizens National Bank of Greenville..........................................
Greenville National Exchange Bank............................................
The First National Bank of Harlingen..........................................
Harlingen State Bank...................................................................
Citizens National Bank of Henderson..........................................
The First National Bank of Henderson..........................................
The First National Bank of Hereford............................................
The Citizens National Bank of Hillsboro.......................................
The Hondo National Bank...........................................................

Cashier
President, Vice President, Cashier
President, Vice President, Cashier
Blake Allison, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
President, Cashier
President, Vice President, Cashier
John Wright, Cashier
Vice President
President
Chairman, President, Vice President, Cashier
Cashier

American National Bank of Houston............................................

Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Huntsville
Jacksonville
Kenedy
Kilgore
Kilgore
Killeen
Kingsville
Lameso
Lamesa
Laredo
Laredo
Levelland
Levelland
Liberty
Littlefield
Lockhart
Longview
Longview
Lubbock
Lufkin
Lufkin
Marlin
Marshall
Marshall
McAllen
McAllen
McKinney
Memphis
Mexia
Mission
Monahans
Monahans
Mount Pleasant
Nacogdoches
Nacogdoches
New Braunfels
Nocona

East End State Bank.....................................................................
Fidelity Bank and Trust Company................................................
The Harrisburg National Bank......................................................
Heights State Bank......................................................................
The Industrial State Bank of Houston, Texas.................................

Damon Wells, President; E. J. Rhodes, Vice President;
G. A. Dahiberg, Cashier
Louis 1 Dietz, President
.
Marcus Thomas, Executive Vice President
Vice President, Cashier
President, Vice President
President, Vice President

River Oaks State Bank.................................................................
South Main State Bank.................................................................
University State Bank...................................................................
The Huntsville National Bank........................................................
The First National Bank of Jacksonville........................................
First-Nichols National Bank of Kenedy........................................
Citizens State Bank & Trust Company..........................................
The Kilgore National Bank...........................................................
First National Bank of Killeen.....................................................
Kleberg First National Bank of Kingsville.....................................
The First National Bank of Lamesa......................... ......................
The Lamesa National Bank...........................................................
The Laredo National Bank...........................................................
Union National Bank of Laredo....................................................
The First National Bank of Levelland............................................
Levelland State Bank.....................................................................
First-Liberty National Bank..........................................................
Security State Bank.......................................................................
First-Lockhart National Bank........................................................
The First National Bank of Longview............................................
Longview National Bank.............................................................
American State Bank...................................................................
The First State Bank & Trust Company of Lufkin...........................
The Lufkin National Bank.............................................................
First State Bank of Marlin.............................................................
The First National Bank of Marshall............................................
The Marshall National Bank.......................................................
First National Bank.......................................................................
McAllen State Bank.......................................................................
The Collin County National Bank of McKinney.............................
The First National Bank of Memphis............................................
First National Bank of Mexia........................................................
First National Bank of Mission......................................................
First National Bank of Monahans..................................................

President, Vice President and Cashier
President
President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
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
Cashier
President, Vice President, Cashier
Chairman, President
Chairman, President, Vice President

The First National Bank in Mount Pleasant...................................
Commercial National Bank in Nacogdoches.................................
The Stone Fort National Bank of Nacogdoches.............................
The First National Bank of New Braunfels.....................................
The Farmers and Merchants National Bank of Nocona..................

President, Vice President
President
Chairman, President, Vice President, Cashier
President
President, Cashier

President
Chairman, President, Vice President, Cashier
Vice President, Cashier
Chairman, President, Vice President, Cashier
H. J. Shands, Executive Vice President
Vice President
P. J, Windsor, Vice President
Chairman, President, Vice President, Cashier
President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President
Vice President, Cashier
President, Vice President
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Executive Vice President, Vice President

TEX A S — C o n t i n u e d

Location

Name of Bank or Trust Company

Officers Authorized to Cast Vote

Odessa
Orange
Orange
Paducah
Palestine
Palestine
Pampa
Paris
Paris
Pasadena

First State Bank............................................................................
First Notional Bank in Orange......................................................
Orange National Bank............................................. ...................
First National Bank.......................................................................
East Texas National Bank.............................................................
Royall National Bank...................................................................
First National Bank in Pampa........................................................
First National Bank of Paris..........................................................
The Liberty National Bank in Paris................................................
First National Bank of Pasadena..................................................

Pecos
Pecos
Perryton
Plainview
Port Arthur
Port Neches
Quitman
Rankin
Raymondville
Refugio
Robstown
San Angelo
San Angelo
San Angelo
San Antonio
San Antonio
San Antonio
San Antonio
San Benito
Seguin
Seguin
Snyder
Snyder
Sonora
Spur
Stamford
Sterling City
Sulphur Springs
Sulphur Springs
Sweetwater
Tahoka
Taylor
Taylor
Teague
Temple
Terrell
Texas City
Tulia
Tyler
Uvalde
Vernon
Vernon
Waco
Waxahachie
Weatherford
Weatherford
Weatherford
Wharton
Wichita Falls

First National Bank of Pecos..........................................................
The Security State Bank of Pecos, Texas.......................................
The First National Bank of Perryton..............................................
The City National Bank of Plainview............................................
The Merchants National Bank of Port Arthur.................................
The First National Bank of Port Neches........................................
The First National Bank of Quitman............................................
The First State Bank of Rankin......................................................
The First National Bank of Raymondville.......................................
The First National Bank of Refugio..............................................
State National Bank.....................................................................
The Central National Bank of San Angelo...................................
First National Bank.......................................................................
San Angelo National Bank of San Angelo...................................
Bexar County National Bank........................................................
Broadway National Bank of Alamo Heights.................................
First National Bank of San Antonio..............................................
The Notional Bank of Fort Sam Houston at San Antonio..............
The San Benito Bank & Trust Company.........................................
The First National Bank of Seguin................................................
Seguin State Bank & Trust Company............................................
Snyder National Bank...................................................................
West Texas State Bank.................................................................
First National Bank.......................................................................
Spur Security Bank.......................................................................
The First National Bank in Stamford............................................

President, Executive Vice President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President
President, Vice President
President, Vice President, Cashier
President
President
Chairman, President, Vice President, Cashier
President, Executive Vice President, Vice President and
Cashier
President, Executive Vice President
President, Vice President, Cashier
President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President
Cashier
Chairman
President, Vice President, Cashier
Chairman
President, Cashier
President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Executive Vice President
Chairman, President, Cashier
President, Vice President
Chairman, President, Vice President, Cashier
Vice President
President, Executive Vice President, Cashier
Vice President, Cashier
President, Cashier

City National Bank.......................................................................
Sulphur Springs State Bank..........................................................
National Bank of Sweetwater........................................................
First National Bank of Tahoka......................................................
The City National Bank.................................................................
First-Taylor National Bank............................................................
First National Bank of Teague......................................................
Temple National Bank.................................................................
The American National Bank of Terrell........................................
The Texas City National Bank of Texas City.................................
The First National Bank of Tulia....................................................
Tyler Bank and Trust Company......................................................
The First State Bank of Uvalde, Texas..........................................
Herring National Bank.........................................
The Waggoner National Bank of Vernon.....................................
National City Bank.......................................................................
Citizens National Bank in Waxahachie.........................................
The Citizens National Bank of Weatherford.................................
The First Notional Bank of Weatherford.......................................
The Merchants and Farmers State Bank of Weatherford..............
Wharton Bank and Trust Company..............................................
Wichita National Bank of Wichita Falls.......................................

President, Vice President, Cashier
President, Cashier
President
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
President, Vice President, Cashier
President
President, Vice President, Cashier
President, Vice President
Chairman, President, Vice President, Cashier
Executive Vice President
President
Cashier
President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier

D irecto rs o f th e F e d e ra l Reserve B a n k o f D a lla s
Elected
by banks
in group

Occupation

Name

Class

Term
expires
Dec. 31

P. P. Butler................................

President, First National Bank in Houston,
Houston, Texas

1

A

1954

W. L. Peterson..........................

President, The State National Bank of Denison,
Denison, Texas

2

A

1956

J. Edd McLaughlin

President, Security State Bank &Trust Company,
Rails, Texas

3

A

1955

J. B. T h o m a s ..........................

President and General Manager and Director,
Texas Electric Service Company, Fort Worth,
Texas; Vice President and Director, Texas
Utilities Company, Dallas and Fort Worth,
Texas

1

B

1955

D. A. Hulcy...............................

Chairman of the Board and President, Lone Star
Gas Company; President, Lone Star Produc­
ing Company; Dallas, Texas

2

B

1954

John R. Alford..........................

industrialist and farmer, Henderson, Texas

3

B

1956

Appointed by the
Board of Governors of the
Federal Reserve System

C

1955

j.

. . . .

R. Parten................................
Chairman

President, Woodley Petro­
leum Company,
Houston, Texas

Robert J. S m i t h .....................
Deputy Chairman

President, Pioneer Air Lines,
Inc., and Business Manag­
ers, Inc., Dallas, Texas

••

C

1954

Hal B o g le ................................

Livestock feeding, farming,
and ranching,
Dexter, New Mexico

tt

C

1956


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102