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FEDERAL RESERVE BANK OF DALLAS

September 30,1948

ELECTION OF DIRECTORS

T o the M em ber Banks o f 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, 1948:
Class A director-Mr. Walter P. Napier, Chairman of Board,
Alamo National Bank, San Antonio, Texas
Class B director - Mr. J. R. Milam, President,
The Cooper Company, Inc., Waco, 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. Group 1 consists of 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 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 Board
of Directors and a certified copy of the resolution must be forwarded in time to reach me on or before
November 1, 1948. A form for this purpose is enclosed. On or about November 5, 1948, 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 8, 1948 and close at 2:00 p.m. on November 23, 1948
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 authoriza­
tion 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. P

arten

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 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 1
Consisting of all member banks with a combined capital and surplus in excess of $499,000

Banks in this group elect one Class A director

ARIZONA

L oeaU oit

O fficers A u th o ris e d to Cast V o te

N am e o f B ank o r T ru st C o m p a n y

Vice President

Tucson

LOUISIANA
L o c a tio n

Monroe
Monroe
Shreveport
Shreveport
Shreveport

N am e o f B a n k o r T ru st C om pa n y

Commercial National Bank in 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
Austin
Austin
Beaumont
Beaumont
Beaumont
Corpus Christi
Corpus Christi

N am e o f B ank o r T rust C o m p a n y

O fficers A u th o riz e d to Cast V o te

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

State National Bank of Corpus Christi-—
.......... ........... .......

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

TEXAS— Continued
Location
Corsicana
Dallas
Dallas
Dallas
Dallas
Dallas
Dallas
Dallas
El Paso
El Paso
El Paso
Fort Worth
Fort Worth
Fort Worth
Galveston
Galveston
Galveston
Galveston
Greenville
Greenville
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Laredo
Longview
Longview
Lubbock
Lubbock
Lubbock
Marshall
Midland
Orange
Paris
Port Arthur
San Angelo
San Angelo
San Angelo
San Antonio
San Antonio
San Antonio
San Antonio
San Antonio
San Antonio
Sherman
Temple
Texarkana
Tyler
Tyler
Tyler
Victoria
Waco
Waco
Wichita Falls
Wichita Falls
Wichita Falls

Name of Bank or Trust Company

Officers Authorized to Cast Vote

The First National Bank of Corsicana....
Dallas National Bank_________
Empire State Bank of Dallas
First National Bank in Dallas....... _
Mercantile National Bank at Dallas_______________________
National City Bank of Dallas__ __
Republic National Bank of Dallas_
Texas Bank & Trust Company of DallasEl Paso National Bank___
.

.

Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
...............
._............. .. ,4
Chairman, President, Vice President, Cashier
___________ _____ ______
President, Vice President and Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier

The State National Bank of El Paso...
Continental National Bank of Fort Worth. ______
The First National Bank of Fort Worth.........
The Fort Worth National Bank_____ .
The City National Bank of Galveston....
The First National Bank of Galveston___
Hutchings-Sealy National Bank of Galveston_
The United States National Bank of Galveston.
.
The Citizens National Bank of Greenville...
Greenville National Exchange 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.............
South Main State Bank________ ... .
..
South Texas Commercial National Bank of Houston..
The Union National Bank of Houston________ ______
The Laredo National Bank___________
First National Bank of Longview
Longview National Bank.
.........
The Citizens National Bank of Lubbock..
First National Bank at Lubbock____ ___
The Lubbock National Bank... ...........
The Marshall National Bank__________ .
. .
The First National Bank of Midland__
.
First National Bank in Orange_________________ ________
First National Bank..........................
The First National Bank of Port Arthur
The Centred National Bank of San Angelo____
. . __
First National Bank____________________ _
.
San Angelo National Bank of San Angelo_____ ..
_.
The Alamo National Bank of San Antonio_________________
Bexar County National Bank...... .... .... ......
First 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______
__ ..
__
Tyler State Bank & Trust Co___________
..
.
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
Wichita National Bank of Wichita Falls

President, Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Vice President
President, Vice President, Cashier
Chairman, President, Vice President and Cashier
A. J. Peterson, Vice President
President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
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
President
Chairman, President, First Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President
C. A. Loftis, President
Vice President, Cashier
President
Vice President, Cashier
Chairman, President
President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President
President, Cashier
President, Vice President
President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President
Chairman, President, Vice President, Cashier
President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Executive Vice President
President
President, Vice President, Assistant Cashier
Vice President
'
President
Chairman, President, Vice President, Cashier

Information Concerning Eligibility for
Class B Directorship 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, of 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 of officer of an insurance company is not eligible for elec­
tion as a Class B director of a Federal Reserve bank.”

GROUP 2
Consisting of all member banks with a combined capital and surplus not exceeding (499,000 and not less thgn (100,000.

Banks in this group elect one Class B director
LOUISIANA
L o c a tio n

Arcadia
Bastrop
Homer
Lake Providence
Mansfield
Minden
Ruston

N am e o f B ank o r T ru st C om pa n y

O fficers A u th o ris e d to Cast V o te

President
President
Chairman, President, Vice President, Cashier
Chairman, President
Vice President and Cashier
Minden Bank & Trust Company__________________________ President
The First National Bank of Ruston_________________
___

NEW MEXICO
L o c a tio n

Artesia
Artesia
Carlsbad
Carlsbad
Clovis
Deming
Las Cruces
Lordsburg
Lovington
Portales
Portales
Roswell
Roswell
Santa Rosa
Silver City
Tucumcari

N am e o f Bank o r T rust C om pany

The First National Bank of Artesia------------------------------------Peoples State Bank_____ _________________________________
American Bank of Carlsbad------------ --------- -----------------------The Carlsbad National Bank_____________________________
The Clovis National Bank________________________________
Mimbres Valley Bank______ ______________________ , „ ----—
The First National Bank of Las Cruces___________________
The First National Bank of Lordsburg-------- ---------------------Lovington National Bank ------- ----------- ------------------------------First National Bank .... —.......................... ...............................
The Portales National Bank......................................................
The First National Bank of Roswell____ ___________________
Roswell State Bank---------- -----------------------------------------------The First National Bank of Santa Rosa-----------------------------The American National Bank of Silver City_______________
[The First National Bank in Tucumcari-------- ---------------------

O fficers A u th o riz e d to Cast V o te

Ross Sears, President
Chairman, President, Vice President, Cashier
President
Vice President
President, Vice President, Cashier, Secretary
Chairman, President* Vice President, Cashier
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Cashier
President, Cashier
President, Vice President, Cashier
Cashier
Cashier
Chairman, President, Vice President

OKLAHOMA
L o e a tio n

N am e o f B a n k o r T ru st C o m p a n y

Antlers

First National Bank at Antlers_______

Durant

The Durant National Banlc in Durant
The First National Bank in Durant.
The Citizens State Bank
Security First National Bank of Hugo
Tdahel National Bank of Tdahel
The First National Bank in Madill
The Madill National Bank

O fficers A u th o riz e d to Cast V o te

Hugo
Hugo
Idabel
Madill
Madill

Chairman, President, Vice President, Cashier

President, Vice President

‘

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 Bank o r T ru st C om p a n y

Angleton
The First National Bank of Anson

Brenham
Bridgeport
Brownfield
Brownsville
Brownsville
Brownwood
Bryan
Bryan
Bryan

Cameron
Cameron

O fficers A u th o riz e d to Cast V o te

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

Albany
Alpine

Athens
Atlanta
Atlanta
Ballinger
Bartlett
Bay City
Bay City
Baytown
Baytown
Beeville
Beeville
Bellville
Belton
Belton
Big Spring
Big Spring
Bonham
Borger
Borger
Bowie
Brady
Brady
Breckenridge

.

J. H. Paul, President; Grady Oldham, Vice President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
Chairman
Chairman, President, Vice President, Cashier

'
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President
The First National Bank
... ... President
Citizens National Bank & Trust Company of Baytown______ President, Vice President, Cashier
The Commercial National Bank of Beeville
The First National Bank of Beeville
First National Bank
Peoples National Bank

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

State National Bank of Big Spring_____________ _ .
The First National Bank of Bonham
First National Bank of Borger
Panhandle State Bank
President
The First National Bank of Bowie
President
Brady National Bank
The Commercial National Bank of Brady
Vice President and Cashier
First National Rank in Breckenridge
The Farmers National Bank in Brenham
Chairman, President, Vice President, Cashier
The First National Bank of Brenham.......... . .......... ............... Chairman, President, Vice President, Cashier
First National Bank
Brownfield Slate Bank & Trust Company
The First National Bank of Brownfield_______ ___________
First National Bank at Brownsville_____ ___
______ _____
Pan American State Bank________________________________
Citizens National Bank at Brnwnwnnd
First National Bank in Brownwood..........................................
City National Bank of Bryan......... ...................................... ....

Chairman, President, Vice President
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
First State Bank and Trust Company, Bryan, Texas________ Vice President
i
First National Bank in Burkburnett....................... ......... ....
Caldwell National Bank .
President, Vice President, Cashier
The Citizens National Bank of Cameron.......................... ....... President
First National Bank in Cameron........ .................... .................. President, Cashier

TEXAS— Continued
L o c a tio n

N am e o f B a n k o r T ru st C o m p a n y

Canadian
Canton
Canyon
Carthage
Childress
Cisco

The First National Bank of Canadian
First National Rank
The First National Bank in Canyon
First National Bank
The First National Bank in Childress
First National Bank in Cisco

Clarksville
Cleburne
Cleburne
Cleveland
Clifton
Coleman
Colorado City
Comanche
Comanche
Commerce
Conroe
Cooper
Corpus Christi
Corsicana
Cotulla
Crockett
Cuero
Dalhart
Dalhart
Dallas
Dallas
Dallas
Dallas
Dawson

O fficers A u th o ris e d to Cast V o te

Red River National Bank in Clarksville
Citv National Bank of Clehnme
Cleburne National Bank
First National Rank
Farmers State Bank
First-Coleman National Bank of Coleman
The Citv National Bank of Colorado City
The Comanche National Rank
State National Bank in Comanche
The First National Bank of Commerce
First National Bank in Conroe
Delta National Rank
First State Bank of Corpus Christi
State National Bank of Corsicana
Stockmen’s National Bank in Cotulla
First National Bank
Buchel National Bank in Cuero
Citizens State Bank of Dalhart
First National Bank in Dalhart.
American National Bank of Oak Cliff, Dallas, Texas
Fair Park National Bank of Dallas
National Bank of Commerce
Oak Lawn National Bank of Dallas
.
The First National Bank of Dawson _
The First National Bank in Decatur
Farmers & Merchants National Bank
Del Rio Bank & Trust Company...
....
Del Rio National Bank
The Citizens National Bank of Denison.........
The State National Bank of Denison
The Denton County National Bank of Denton
The Dublin National Bank
First State Bank
First National Rank
The First National Bank of Eagle Pass
Eastland National Bank
1
Eden State Bank_________
First National Rank in Fdinhurg
Commercial State Rank of F.l Campo
The First National Rank of F Campo
,1
The First National Rank
.
Elgin National Rank
Citizens National Rank in F.nnis
First National Rank
First-City National Rank of Floresville

DeLeon
Del Rio
Denison
Denton
Dublin
Dumas
Eagle Lake
Eagle Pass
Eastland
Eden
Edinburg
El Campo
El Campo
Eldorado
Elgin
Ennis
Fabens
Floresville
Floydada
Fredericksburg
Fredericksburg
Gainesville
Garland
Gatesville
Gatesville
Georgetown
Giddings

'

.

President, Vice President and Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Vice President, Cashier
President, Cashier
Chairman, President, Vice President, Cashier,
Assistant Cashier
Chairman, President, Vice President, Cashier
J. E. Standley or W. E. Abbas, Vice Presidents
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, Cashier
President, Cashier
Cashier
Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Active 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
Chas. J. Harris, Cashier
_ Chairman, President, Vice President, Cashier
Vice President
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President
President
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Cashier
President, Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President, Cashier
Chairman, President, Vice President, Cashier

t

The First National Bank of jnoydada_____ ________
FreHerir.kshiirg National Rank of FreHerirkshnrg

. .

The Gainesville National Bknk in Gainesville_____________
The State National Rank of Garlanr!
Guaranty Rank & Trust Company
.
Th* National Rank of Gatepville
Th* First National Rank of Georgetown
First National Bank:------------------------------.

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

TEXAS— Continued

L o c a tio n

Gilmer
Gilmer
Gladewater
Goliad
Gonzales
Graham
Graham
Granbury
Grand Prairie
Grapevine
Groveton
Hallettsville
Hamilton
Hamilton
Hamlin
Harlingen
Harlingen
Haskell
Hebbronville
Hempstead
Henderson
Henderson
Henrietta
Hereford
Hereford
Hico
Hillsboro
Hondo
Honey Grove
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Hughes Springs
Huntsville
Huntsville
Iowa Park
Italy
Itasca
Jacksboro
Jacksonville
Jefferson
Junction
Karnes City
Kaufman
Kenedy
Kerens
Kilgore
Killeen
Kingsville
La Grange
Lamesa
Lamesa
Lampasas
Lampasas
Lancaster
La Porte
Laredo

O fficers 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 pa n y

Firs! National Rank

___

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

‘
The First National Rank of Cranhury
First National Rank of Grapevine

First National Bank in Groveton_______ ______
First National Rank
Hamilton National Rank
The Farmers R Merchants National Rank
i
The First National Rank of Harlingen
Haskell National Rank
First National Rank
Citizens National Rank of Henderson

D. F. Ford, Vice President
J. L. Lary,Vice President
Chairman, President, Vice President, Cashier
. President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Cashier
Vice President, Cashier
President, Cashier
President, Vice President, Cashier
............ President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President
Cashier

The Citizens National Rank of Hillshoro

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

Fidelity Blink and Trust Company

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

Hampton Oaks State Rank
The Harrisburg National Rank o f Houston

President, Vice President
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
The State National Rank of Towa Park
Chairman, President, Vice President, Cashier
President, Vice President
Chairman, President, Vice President, Cashier
The First National Rank of Jar.kshoro
Chairman, President, Vice President, Cashier
The First National Bank of Jacksonville__________________ Chairman, President, Vice President, Cashier
President, Vice President
The Rogers National Rank of Jefferson
Junction National Rank
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
Vice President, Cashier
President, Vice President
The First National Rank of Killeen
Chairman, 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
First National Bank of Lancaster________________ . _ ------ Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Cashier
University State Rank
First National Rank

’

TEXAS— Continued
Location

Officers Authorized to Cast Vote

Name of Bank or Trust Company

Levelland
Levelland
Liberty
Littlefield

The First National Bank of Levelland..
Levelland State Ranlc
First-Lihertv National Bank
The First National Bank of Littlefield..

Livingston
Llano
Lockhart
Lockney
Lufkin
Lufkin
Luling
Madisonville
Marfa

First National Bank
Moore State Rank
First-Lockhart National Bank__
First. National Rank in I.Orkney
.. .
Ameriean State Rank
The First State Bank & Trust Company of Lufkin__________
The Lufkin National Bank______ ____
.
The First National Bank in Luling......
First National Rank
Marfa National Bank__
.

Marlin

The Marfa State Rank
The First National Bank of Marlin__

Marlin
Marshall
Mart
Mart
Mason
McAllen
McAllen
McGregor
McKinney
McKinney
Memphis
Mercedes
Merkel
Mertzon
Mexia
Midland
Mineola
Mineral Wells
Mineral Wells
Mission
Monahans
Moody
Mount Pleasant
Mount Pleasant
Mount Vernon
Muleshoe
Munday
Nacogdoches
Nacogdoches
Naples
Navasota
New Boston
New Braunfels
Newton

Marlin National Bank_____ __ ______
_
The First National Bank of Marshall_______
. _
Farmers & Merchants National Bank.. .
_
First National Bank______ ________
„
.
..
The Mason National Bank_____ ... ..
City State Bank and Trust Company...
McAllen State Bank___________
The First National Bank of McGregor
.
Central National Bank of McKinney................
The Collin County National Bank of McKinney._
The First National Bank of Memphis................
_
The First National Bank of Mercedes. . . . . .
.
Farmers & Merchants National Bank.. ___________________
First National Bank_____ . __ ...
First National Bank of M exia.......................
Midland National Bank_______
The First National Bank of Mineola..
..
City National Bank______________ ..
___
The State National Bank of Mineral Wells..
First National Bank of Mission________
First State Bank
First National Bank......................................
The First National Bank in Mount Pleasant..
Guaranty Bond State Bank.__ ________ ____
...
The First National Bank of Mount Vernon______
__
Muleshoe State Bank________________ _____ __
.
First National Bank in Munday.____ _______ . _
Commercial National Bank in Nacogdoches__
.
The Stone Fort National Bank of Nacogdoches..
.
_ __
Morris County National Bank of Naples......... .....
_
The First National Bank of Navasota—............ .
.
_.
The First National Bank of New Boston__________
—
The First National Bank of New Braunfels.............
—
First National Bank------------------------------------------ ---------------

Nocona
Odessa
Odessa
Olney
Orange
Ozona
Paducah
Palestine
Palestine

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

.

.

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

H. J. Shands, Executive Vice President
Vice President
Chairman, President, Vice President, Cashier
Cashier
'
Chairman, President, Vice President, Cashier,
Assistant Cashier

_
_
_ President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
A. T. Stansell, Vice President
President, Vice President, Cashier
Chairman, President, Vice President
Chairman, President, Vice President, Cashier
A. W. Lewis, Vice President
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Cashier
President
President
Cashier
President, Vice President, Cashier
President
Cashier
President
President, Vice President
Chairman, President, Vice President, Cashier

Cashier
President, Vice President, Cashier
President
Chairman, President, Vice President, Cashier
Cashier
President, Vice President, Cashier
President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Cashier
J. P. Looney, Cashier
President Chairman; President; J. Roy Lawson, Vice President;
Cashier
The Farmers and Merchants National Bank of Nocona_____ C. McCall, President
The First National Bank of Odessa........................................
Chairman, President, Vice President, Cashier
First State Bank------------- -------- — ----- —.......................... President, Executive Vice President
The First National Bank of Olney.------------------------------------- President, Vice President, Cashier
Orange National Bank.............. .........
President, Vice President, Cashier
Ozona National Bank--------------.
President, Vice President, Cashier
First National Bank------------.
President
*
East Texas National Bank... — .
President, Vice President
First National Bank..........................
President, Vice President and Cashier

TEXAS— Continued

L o c a tio n

Palestine
Pampa
Panhandle
Paris
Pecos
Pecos
Perryton
Pilot Point
Pittsburg
Plainview
Port Arthur
Port Neches
Post
Quanah
Quanah
Quitman
Rankin
Raymondville
Refugio
Richmond
Robstown
Robstown
Rosebud
Rotan
Rusk
San Antonio
San Antonio
San Augustine
San Benito
San Marcos
San Marcos
San Saba
San Saba
Santa Anna
Seguin
Seguin
Seguin
Seymour
Seymour
Shamrock
Shamrock
Shiner
Silsbee
Snyder
Sonora
Spearman
Spur
Stamford
Stanton
Stephenville
Sterling City
Sulphur Springs
Sulphur Springs
Sweetwater
Tahoka
Taylor
Taylor
Teague
Temple
Terrell
Texas City
Throckmorton

N am e o f B a n k o r T ru st C om pa n y

Royall National Bank____________________________________
First National Bank in Pampa____________________________
First National Bank of Panhandle_______________ _______ _
The Liberty National Bank in Paris_______________________
First National Bank of Pecos_____________________________
The Security State Bank of Pecos, Texas____ _______ _____
The First National Bank of Perryton___________________ __
Pilot Point National Bank________________________________
The Pittsburg National Bank_____________________________
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 Post___________________________
First National Bank__________________ ___________________
Security National Bank__________________________________
The First National Bank of Quitman_____________________
The First State Bank of Rankin__________________________
The First National Bank of Raymondville_________________
The First National Bank of Refugio_______________________
First National Bank_____________________________________
The Robstown National Bank . ____________________________
State National Bank_____________________________________
Planters National Bank__________________________________
The First National Bank of Rotan_________________________
Farmers and Merchants State Bank_______________________
Broadway National Bank of Alamo Heights._______________
The National Bank of Fort Sam Houston at San Antonio____
The First National Bank of San Augustine________________
The San Benito Bank & Trust Company___________________
The First National Bank of San Marcos__________________
State Bank and Trust Company__________ ________________
City National Bank___________________________ ___________
San Saba National Bank_________________________________
The Santa Anna National Bank___________________________
The First National Bank of Seguin________________________
The Nolte National Bank of Seguin________________________
Seguin State Bank & Trust Company______________________
The Farmers National Bank of Seymour__________________
The First National Bank of Seymour_____________________
Farmers & Merchants State Bank of Shamrock_____________
The First National Bank of Shamrock____________________
First National Bank of Shiner_____________________________
Silsbee State Bank-___ __________________________________
Snyder National Bank— ___________ ____________________
__
First National Bank_____________________________________
First State Bank_____ ___________________________________
Spur Security Bank----------------------------------------------------------The First National Bank in Stamford_____________________
The First National Bank of Stanton.___ _________________
Farmers-First National Bank_____________________________
First National Bank_____________________________________
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 JJank.—__ ______________________________
The American National Bank of Terrell___________________
The Texas City National Bank of Texas City.______________
The First National Bank of Throckmorton_________________

O fficers A u th o ris e d to Cast V o te

President, Vice President, Cashier
President
Vice President and Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President
President, Cashier
President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Cashier
'
Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President
Cashier
President, Vice President, Cashier
President
President, Vice President
President, Jeff Austin
President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Executive Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Vice President, Cashier
Chairman, President, Cashier
Chairman, President
President, Vice President
President, Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Cashier
Chairman, President, Vice President, Cashier
Vice President, Cashier
Vice President
President, Cashier
•
Chairman, President, Vice President, Cashier
President, Cashier
W. L. Foster, President
President, Vice President, Cashier
President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President
Executive Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier

TEXAS— Continued

L o ta tlo B

Trent
Troup
Uvalde
Van Alstyne
Vernon
Vernon
Waco
Waxahachie
Waxahachie
Weatherford
Weatherford
Weatherford
Wellington
Weslaco
West
Wharton
Wharton
Whitewright
Wills Point
Winnsboro
Winters
Yoakum
Yorktown

N am e o f B a n k o r T r a a l C om pa n y

Guaranty Bond State Bank
Home State Hank
The First National Hank of Troup
The First National Bank nf Tulia
The First State Bank nf TTvalde, Texas
First National Bank
Herring National Bank
The Waggoner National Bank nf Vernon
National flity Rank

O fficers A u th o ris e d to Cast V o te

.

President
President, Cashier
Chairman, President, Cashier

President
Cashier
President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
Citizens National Bank in Waxaliflcliie
. Chairman, President, Vice President, Cashier
J. Scott Rutherford, Executive Vice President
President
The First National Bank of Weatherford__________________ Cashier
The Merchants and Farmers State Bank of Weatherford____ President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President
President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Cashier
First National Bank...............

Directors o f the Federal Reserve Bank o f Dallas

Name

Elected by
Banks in
Group

Occupation

C lan

Term
Expiree
Dec. 31

Walter P. N a p ier..................

Chairman of the Board, Alamo National Bank,
San Antonio, Texas

1

A

1948

W. L. Peterson

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

1949

George L. MacGregor............

Chairman of the Board, President and General
Manager, Dallas Power and Light Company,
Dallas, Texas

1

B

1949

J. R. M ila m ........................ ...

President, The Cooper Company, Inc.,
Waco, Texas

2

B

1948

W. F. Beall..............................

President and General Manager,
3 Beall Brothers 3, Department Stores,
Jacksonville, Texas

3

B

1950

C

1949

C

1948

C

1950

.....................

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. Frierson........................

G. A. Frierson &Son,
Shreveport, Louisiana

Appointed by the
Board of Governors of the
Federal Reserve System
99

99

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