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FEDERAL RESERVE B A N K OF D ALLAS

September 30, 1949

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, 1949:
Class A director-M r. J. Edd McLaughlin, Vice President,
Security State Bank and Trust Company, Ralls, Texas
Class B director - Mr. George L. MacGregor, Chairman of the Board, President and
General Manager, Dallas Power and Light Company, Dallas, Texas
The Class A director will be elected by banks in Group 3, and the Class B director by banks in
Group 1. The banks in Group 2 do not elect a director this year. In accordance with the announce­
ment contained in my circular letter of September 13, 1949, Group 1 consists o f banks with capital and
surplus of $650,000 and over; Group 2 consists o f 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 hanks comprising Groups 1 and 3 are given on the following pages.
Each bank in Group 1 is permitted to nominate a candidate for Class B director and each bank
in Group 3 a candidate for Class A director. The nomination must be made by resolution of the Board
of Directors and a certified copy of the resolution must be forwarded in time to reach me on or before
October 31, 1949. A form for this purpose is enclosed. On or about November 4, 1949, a list of
candidates (indicating by whom nominated) and a preferential ballot will be mailed to each bank in
the voting groups. The polls will open on November 7, 1949, and close at 2:00 p.m. on November 22,
1949, 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 author­
ization, should do so by resolution of its Board of Directors and certify the appointments to me before
the polls close. A form is enclosed which may be used for either purpose. When an authorization is
made, it is preferable that designations should be by title.
While the banks in Group 2 will not vote in this election, this circular is sent to them, without
forms, for their information.
Yours very truly,
J. R. P a rte 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)

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, or of any state, territory, county, district,
political subdivision, or municipality thereof, or acting as members of political party committees, can­
not, consistently with the spirit and underlying principles of the Federal Reserve Act, serve as direc­
tors or officers of Federal Reserve banks.
The Federal Reserve Board also passed a resolution, December 28, 1915, that “ national bank
examiners shall not hereafter be elected. . . to directorships in Federal Reserve banks.”
Under date of July 2, 1925, the Federal Reserve Board advised it had “ reached the conclusion
that a person whose sole occupation is that of officer of an insurance company is not eligible for elec­
tion as a Class B director of a Federal Reserve bank.”

GROUP 1
Consists of all member banks with a combined capital and surplus of $650,000 and over

Banks in this group elect one Class B director

ARIZONA
L o c a tio n

Tucson

Nam e o f Bank o r T ru st C om pa n y

Southern Arizona Bank & Trust Company

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

Vice President

LOUISIANA
L o c a tio n

Monroe
Shreveport
Shreveport
Shreveport

N am e o f B a n k 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, Vice President, Cashier
The Ouachita National Bank in Monroe.................... ............. 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
Corpus Christi
Corpus Christi
Corsicana

N am e o f B ank o r T r u jt C om pa n y

The Citizens National Bank in Abilene..... ....... — ----- --------Amarillo National Bank___________________ _______________
The First National Bank of Amarillo------------------- ----- -........
The American National 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 National Bank of Corsicana--------------------------------------

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

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

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

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

Dallas
Dallas
Dallas
Dallas
Dallas
Dallas

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......_.......... ......... ..... ... .......

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

Dallas
El Paso
El Paso
Fort Worth
Fort Worth
Fort Worth
Galveston
Galveston
Galveston
Greenville
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Houston
Longview
Longview
Lubbock
Lubbock
Lubbock
Midland
Port Arthur
San Angelo
San Angelo
San Antonio
San Antonio
San Antonio
San Antonio
San Antonio
Sherman
Texarkana
Tyler
Tyler
Tyler
Victoria
Waco
Waco
Wichita Falls
Wichita Falls
Wichita Falls

Texas Bank & Trust Company of Dallas ____ ___________
El Paso National Bank............................. ..................................
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________ _______ _____
Hutchings-Sealy National Bank of Galveston______ ______ _
The United States National Bank of Galveston______ ______
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 Texas National Bank of Houston..................................
The Union National Bank of Houston_____________________
First National Bank of Longview____________________ _____
Longview National Bank........................ ......... ....... ........ .... —
The Citizens National Bank of Lubbock.......................... ........
First National Bank at Lubbock............................ ..................
The Lubbock National Bank______________ ______ ________
The First National Bank of Midland...... ......... ......... ...... ...... .
The First National Bank of Port Arthur......................_ ........ _
The Central National Bank of San Angelo................................
San Angelo National Bank of San Angelo____ ______ ______
The Alamo National Bank of San Antonio_____ ____ __ ____
Bexar County National Bank______ _____________________
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______
The Texarkana National Bank_________ ___ _______________
The Citizens National Bank of Tyler______ _______________
The Peoples National Bank of Tyler______________________
Tyler State 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.................. .............. ......
Wichita National Bank of Wichita Falls.............. ..... ........... .

L o c a tio n

Chairman, President, Vice President, Cashier
President, Vice President
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Vice President
Chairman, President, Vice President and Cashier
President, Chairman of Executive Committee
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
Chairman, President, Vice President, Cashier
Chairman, President, First Vice President, Cashier
Chairman, President, Vice President, Cashier
C. A. Loftis, President
Vice President, Cashier
President
Chairman, President, Vice President, Cashier
Chairman, President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Cashier
President, Vice President
President, Cashier
Cashier
President
President
Chairman, President, Vice 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
Oral Jones, Vice President
President
Chairman, President, Vice President, Cashier

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 3
Consists of all member banks with a combined capital and surplus of $150,000 and less

Banks in this group elect one Class A director

LOUISIANA
L o c a tio n

Arcadia
Delhi
Lake Providence
Oak Grove
Ruston

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

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

The First National Bank of Lake Providence_________ _____
West Carroll National Rank of Oalc ftrnve
..

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

NEW MEXICO
L o c a t io n

Bayard
Deming
Hagerman
Hot Springs
Logan
Lordsburg
Lovington

Portales
Portales
Roswell
Santa Rosa

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

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

President, Vice President, Cashier, Secretary
Vice President, Cashier
President
Hot Springs National Bank of Hot Springs____ ___________ Chairman, President, Cashier
Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Vice President, Cashier
Chairman, President, Vice President, Cashier,
Assistant Cashier
James M. Bums, Cashier
First National Bank..... .................................. ....... .............. — President, Cashier
The Portales National Bank--------- ---- ------- ------------- —....... - President
Cashier

OKLAHOMA
L o c a tio n

Antlers
Atoka
Boswell
Broken Bow
Coal gate
Colbert
Hugo
Idabel
Madill
Madill

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

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

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

President, Vice President, Cashier
Vice President, Cashier

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

TEXAS
L o c a tio n

Alpine
Alto
Alvord
Amherst
Anderson
Anna
Anson
Anton
Aransas Pass
Aspermont
Atlanta
Atlanta
Avinger
Bailey
Baird
Bandera
Bandera
Bangs
Bartlett
Bastrop
Beeville
Bells
Belton
Belton
Blanco
Bogata
Booker
Brackettville
Brady
Brenham
Bridgeport
Burkburnett
Byers
Bynum
Caddo Mills
Cameron
Canton
Canyon
Carrizo Springs
Celeste
Celina
Chillicothe

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 o m p a n y

Continental State Bank____ __ ___________ _____ _____ ____

President

First National Bank
First National Bank
President, Vice President
The First National Bank of Anson________________________ President, Vice President, Cashier
Citizens State Bank.................. ....... ........ .......... „.... ................. Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Tho First National Bank of Aspermont
Atlanta National Bank..................... ......................................
Chairman, President, Vice President, Cashier
The First State Bank_ ____________ ___ __________________ President
_
First National Bank of Bailey
Chairman, President, Vice President, Cashier
First State Bank
.
First State Bank____________________________________ ____
First National Bank____...... .... ........... ...................................... Chairman, President, Vice President, Cashier
First National Bank
State Bank & Trust Company
President, Cashier
First. National Bank
. . . . . . .
_
The First National Bank in Belton...... ...... ....................... ...... President
Peoples National Bank_______________ ________ _______ ___ President, Vice President, Cashier
The Blanco National Bank__________ _____________________ President, Vice President, Cashier
First National Bank in Bogata___ ________________________
The First State Bank ....... ............................. ............. ....... ...... President, Vice President, Cashier
The First State Bank .
.
................
. Cashier
Brady National Bank_____ ________________________ ____ __ Vice President
The First State Bank of Bremond
Chairman, President, Vice President, Cashier
The Farmers National Bank in Brenham.................................. Chairman, President, Vice President, Cashier
The First National Bank of Bridgeport.................................. ... Cashier
First National Bank in Bronte
First National Bank in Burkburnett________________ _____
First National Bank____________ __ ______ ______________ Chairman, President, Vice President, Cashier
First National Bank................... ................................................. Chairman, President, Vice President, Cashier
The State National Rank of Caddo Mills
First National Rank in Cameron
President, Cashier
First National Bank____________ __ ________________ __ ___ Chairman, President, Vice President, Cashier
The First National Bank in Canyon........................................... President, Vice President, Cashier
Union State Bank
The First National Bank of Celeste___________________
. Chairman, President, Vice President, Cashier
Chairman, President, Vice President, Cashier
First National Rank
President

TEXAS— Continued
L o c a tio n

Cisco
Clarendon
Clarendon
Clarksville
Clarksville
Claude
Cleveland
Cleveland
Clifton
College Station
Comanche
Comanche
Commerce
Coolidge
Cooper
Cooper
Cotulla
Crandall
Crosby
Crosbyton
Crowell
Cuero
Cuero
Cushing
Daingerfield
Darrouzett
Dawson
Decatur
DeKalb
DeLeon
Del Rio
Deport
Dodson
Dublin
Eagle Lake
East Bernard
Eastland
Eden
Edgewood
El Campo
El Campo
Eldorado
Elgin
Emory
Ennis
Evant
Falfurrias
Falls City
F armersville
Fayetteville
Ferris
Floresville
Follett
Forney
Forney
Fort Worth
Franklin

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 C sst V o t e

Chairman, President, Vice President, Cashier,
Assistant Cashier
The Farmers State Bank of Clarendon................... .................. President
First National Bank.................. ...... ............ .............................. President, Vice President, Cashier
First. National Rank in Clarksvillo
Red River National Bank in Clarksville...........:_____________ Chairman, President, Vice President, Cashier
First National Bank..................................................... ________ Chairman, President, Vice President, Cashier
Farmers State Bank ............................. ......... ............. ............... Chairman, Vice President, Cashier
First National Bank
Chairman, President, Vice President, Cashier
Farmers State Bank________________ ____ ______ __________ Chairman, President, Vice President, Cashier
First National Bank in Cisco

...

...

The Comanche National Bank
State National Bank in Comanche______ ________ _____ ____
The First National Bank of Commerce
The First National Bank of Coolidge______________________
Delta National Rank ..
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.... ......... ..... _.____ ______
..
First National Bank of Cushing_______________ __ _____
The National Bank of Daingerfield...... ....................... .............
The First National Bank of Darrouzett...... ...........................
The First National Bank of Dawson.....................................
The First National Bank in Decatur........... ................ ..... ....
State Bank of DeKalb........ ... ......... ............. ...........................
Farmers & Merchants National Rank
Del Rio Bank & Trust Company_________ __ _____
First National Rank
The First State Bank, Dodson, Texas..................................
The Dublin National Bank
First National Bank ............. ,_____ ________ _________ _____
Union State Bank.................................................................... ...
Eastland National Bank..............................................................
Eden State Bank.......................................................................
The First National Bank of Edgewood_____ ______________
Commercial State Bank of El Campo........................ ..... ...........
The First National Bank of El Campo.................. ...................
The First National Bank__________ ________________ ______
Elgin National Bank____ __________ ___________ ________
First National Bank___ ______________ _______________ _
Citizens National Bank in Ennis...„..........................................
The First National Bank of Evant__ ______ ______ _________
The First National Bank in Falfurrias
Falls City National Bank_________________ ____ __________
First National Bank at Farmersville.........................................
Farmers National Bank.......................... ....................................
Farmers and Merchants State Bank of Ferris, Texas_______
First-City National Bank of Floresville............................

President, Cashier
President, 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
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
Chairman, President, Vice President, Cashier
Vice President and Cashier
Cashier
President, Vice 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, 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
J. R. Scott, Jr., President
...............................................
Chairman, President, Vice President, Cashier
Chairman, President, Vice President
D. H. Moyers, President
Chairman, President, Vice President,
Honorary Vice President, Cashier
Vice President, Cashier
The Follett National Bank.. .
___ . .
The Farmers National Bank of Forney.................................... President, Cashier
Forney State Bank....................................
.........
... Vice President and Cashier
President, Vice President, Cashier
First National Bank of Handley.................. .................
First National Bank................ _-----------------------_ j Chairman, President, Vice President, Cashier

TEXAS— Continued
Location

•

Officers Authorized to Cast Vote

Name of Bank or Trust Company

Fredericksburg
Freeport
Gatesville
Georgetown
George West
Giddings
Gilmer
Glen Rose
Goliad
Gordon
Gorman
Graford

Security State Bank
.............
.. .........
............Freeport National Bank--- ----------------------------------------------Guaranty Bank & Trust Company..----------- ----------------------The First National Bank of Georgetown— .................. ...........
First National Bank in George West__________________ ____
First National Bank........ ........... _--------------------------------------Farmers & Merchants National Bank...............— ---------------First National Bank in Glen Rose------------------ -------------------The First National Bank of Goliad______________________ __
First National Bank------- ------------------------------------------------First National Bank--------- -------------------------------------- ----- —
First National Bank___________________________ _________

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

Grand Saline
Grandview
Granger
Granger
Grapevine

First National Bank of Grand Saline............ ............................
The First National Bank of Grandview
. ..
The First State Bank...-------- ---------- -------------------------------Granger National Bank____ :----------First National Bank of Grapevine__________________________

Chairman,
Chairman,
Chairman,
Chairman,
Chairman,

Groom
Groveton

State National Bank of Groom..................... ............................ - Chairman, President, Vice President, Cashier
First National Bank in Groveton_________________________ President

Hale Center
Hallettsville
Hamilton
Hamlin
Haskell

First National Bank of Hale Center...................... .......... ........
First National Bank............................ ......... ....... ................ ......
Perry National Bank____________________________________
The Farmers & Merchants National Bank..............................
Haskell National Bank_____ ;......... ..... ........... ........... —............

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

Hebbronville
Hempstead
Henrietta
Hereford

First National Bank_______ 1
______________________ ______
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..............,.... .......... ... ...... ...........................
The Hondo 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 .Tackshoro
The Jacksboro National Bank .......... ............... ......................
The Rogers National Bank of Jefferson
First State Bank_______________ ________ _____
Junction National Bank______ ____ ____ ___
The Karnes Countv National Bank of Karnes City
Farmers & Merchants National Rank of Kaufman
First National Bank .......
First National Bank of Kerens
First State Bank ..........
.
The First National Bank of Killeen
The Citizens State Bank________
The First State Bank..... .......... .............
Lacoste National Bank .... ...... ....... ...........
Farmers & Merchants State Bank____

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

Higgins
Holland
Hondo
Honey Grove
Hughes Springs
Huntsville
Iowa Park
Italy
Itasca
Jacksboro
Jacksboro
Jefferson
Junction
Junction
Karnes City
Kaufman
Kerens
Kerrville
Killeen
Knox City
Kosse
Lacoste
Ladonia

Cashier
President
Vice President
President, Vice President
Vice President
Chairman, President, Vice President, Cashier
0. P. Newberry, President
Chairman, President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier
President, Vice President, Cashier

Executive Vice President
L. B. Mewhinney, President
Chairman, President, Vice President, Cashier
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
Chairman, President, Vice President, Cashier
A. J. Lochte, Cashier
President, Vice President, Cashier
B. B. Campbell, President
Chairman, President, Vice President, Cashier
Cashier
Vice President and Cashier

TEXAS— Continued
Location
La Feria
La Grange
Lakeview
LaMarque
Lampasas
Lancaster
La Porte
Leonard
Levelland
Lewisville
Liberty
Linden
Lipan
Littlefield
Livingston
Llano
Lockney
Loraine
Lorenzo
Lovelady
Luling
Madisonville
Madisonville
Marfa
Marfa
Marion
Marlin
Marlin
Mart
Mart
Mason
Matador
Mathis
Maypearl
McLean
Melvin
Menard
Merkel
Mertzon
Mesquite
Mexia
Midlothian
Milford
Mineola
Moody
Moran
Morton
Mount Calm
Mount Pleasant
Mount Vernon
Muleshoe
Munday
Naples
New Boston
Newcastle
Newton

Name of Bank or Tract Company

Officers Authorised to Cast Vote

First National Bank of La Feria............ ..... .......... ...............— Chairman, President, Vice President, Cashier,
Assistant Cashier
The First National Bank of La Grange......................... ........... Chairman, President, Vice President, Cashier
First National Bank of Lakeview............ ... .........................— Cashier
First State Bank..................._............. ............. .......................... Chairman, President, Vice President, Cashier
The Peoples National Bank of Lampasas................. ............... Chairman, President, Vice President, Cashier
First National Bank of Lancaster................................... ......... Chairman, President, Vice President, Cashier
The First National Bank of La Porte.... ................................ - President, Vice President, Cashier
The Leonard National Bank ................................ .................... President
Levelland State Bank...................................... ...... ....... ........... Chairman, President
First National Bank............ ........ ....... ....................... ............. - Chairman, President, Vice President, Cashier
First-Liberty National Bank---------------------------- ---------- -...... Chairman, President, Vice President
First National Bank.......... ..................................—...... ...... ...... Cashier
First National Bank......................................... .......................— Cashier
Security State Bank---- ----- ---- _..
....................
- ________________________ _
First National Bank.......... —.... ......... .......... .... ...................— President, Vice President, Cashier, Assistant Cashier
Moore State Bank------------------------------------------------------------ President, Vice President
— — .....-

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

The First National Bank in Luling............................................

Chairman, President, Vice President, Cashier

First State Bank----------------------- --------- —
Lorenzo State Bank..................................... .... .

First National Bank.... .................................... — ...................... Cashier
Marfa National Bank................................... ....... ....... ............... Chairman, President, Vice President, Cashier,
Assistant Cashier

The First National Bank of Marlin.......................... ..............
Marlin National Bank------------------ ---------------------------------Farmers & Merchants National Bank------------------------ .. _.
First National Bank............. — ---------- ------------- ----- ---------The Mason National Bank................................. ........................
The First State Bank of Matador........................................
First State Bank of Mathis— ................. —..............................
First State Bank. --------- --------------------------------- ------------

President
Chairman, President, Vice President, Cashier
A. T. Stansell, Vice President
President, Vice President, Cashier
Chairman, President, Vice President
Cashier
President, Cashier
President, Cashier

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

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

First National Bank............................. ......................................

Vice President and Cashier

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..... ...... ....... _ ...................................... ..... .

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
Chairman; President; J. Roy Lawson, Vice President;
Cashier

Cashier

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

TEXAS— Continued
L o c a t io n

•

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

Peoples National Rank
Normangee

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

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

First. National Rank
First State Rank of OHem

.
Cashier

Oglesby

Perryton
Pittsburg
Plano
Pleasanton
Post
Poth
Premont
Quanah
Quitaque
Quitman
Ralls
Rankin
Raymondville

Richland
Richmond
Robert Lee
Roby
Rockport
Rocksprings

First
First
First
First

National
National
National
National

Rank
Rank
Rank
Rank of Panhandlo

President
President, Vice President, Cashier
Vice President and Cashier

Pfirryton National Rank
President, Cashier
President
The First National Bank of Plano...........................................
President, Cashier
First National Bank in Pleasanton________________________ President
The First National Bank of Post__ _____ ___ ___ __ ________ Cashier
Thp First National Rank of Potb
Cashier
First State Bank---------------------- ------------------------- -------------- Vice President, Cashier
Chairman, President, Vice President,
Chairman, President, Vice President,
Chairman, President, Vice President,
Security State Bank & Trust Company___________________ Chairman, President, Vice President,
The First State Bank of Rankin___________ _______________ President, Vice President, Cashier
The First National Bank of Raymondville_____ __________ President
Cashier
President
First National Rank
......
President, Vice President, Cashier
Fort Bend National Bank.............. _...........................................
Robert Lee State Bank ..............................................................
The Robstown National Bank...................................................
Vice President

Cashier
Cashier
Cashier
Cashier

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

Rosenberg
The First National Bank of Rotan_______________________

Cashier
Royse City

Saint Jo

San Augustine
Sanger

Jeff Austin, President
The First National Bank of Saint Jo..—......................... ........... Chairman, President, Vice President, Cashier,
Assistant Cashier
President, Cashier
The First National Bank of San Augustine.............................. Chairman, President, Vice President, Cashier
Cashier
TW First National Rank of San Marcos

San Saba

San Saba National Bank...... .............. .......................................

Santo

First National Bank

Schulenberg
Schwertner
Seguin

First National Bank-------------------------- . ....................
The Nolte National Bank of Seguin_
.
......

.........

....

.

.

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

Chairman, President

TEXAS— Continued
L o c a tio n

Seminole
Seymour
Seymour
Shamrock
Shamrock
Shiner
Shiro
Silsbee
Spearman
Spur
Stanton
Strawn
Strawn
Streetman
Sudan
Sulphur Springs
Sweetwater
Taft
Taft
Teague
Thorndale
Throckmorton
Tomball
Tom Bean
Trent
Trenton
Trinity
Troup
Valley Mills
Valley View
Van Alstyne
Van Horn
Waxahachie
Wellington
Wellington
West
West
West Columbia
Wharton
White Deer
Whitesboro
Whitewright
Whitney
Wills Point
Windom
Winters
Wolfe City
Woodsboro
Wortham
Yorktown
Yorktown
Ysleta

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

Seminole State Bank............. ..... ... ............................................
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____________________________
Farmers State Bank of Shiro, Texas_______________________
Silsbee State Bank______________________________________
First State Bank..._____ _________________________________
Spur Security Bank_____________________________________
The First National Bank of Stanton_______________________
First National Bank.—
................................................................
The Strawn National Bank_______________________________
First National Bank_____________________________________
First National Bank_____________________________________
Sulphur Springs State Bank______:_______ __ _____________
National Bank of Sweetwater_____________________________
The First National Bank of Taft_________________________
The First State Bank of Taft_____________________________
First National Bank of Teague_________________ ___ ______
Thorndale State Bank___________ __ _____________________
The First National Bank of Throckmorton________________
Guaranty Bond State Bank_______ ________________________
First National Bank________ ___ _________________________
Home State Bank________________________________________
First National Bank_____________________________________
The First National Bank of Trinity...........................................
The First National Bank of Troup_________________________
First National Bank in Valley Mills_______________________
The Valley View National Bank._________________________
First National Bank______________________________________
Van Horn State Bank of Van Horn, Texas....___ ___________
Waxahachie Bank and Trust Company.___________________
The First National Bank in Wellington___________________
Wellington State Bank_____________________________ _______
The State National Bank in West..__ _____________________
The West National Bank________________________________
The First Capitol State Bank________ __ ____ _____________
Security Bank and Trust Company..........................................
The Farmers National Bank of White Deer.____ __________
Security National Bank of Whitesboro_____________________
The First National Bank of Whitewright__ ________________
First National Bank in Whitney.___________________ __ ___
The First National Bank of Wills Point_____________ ______
First National Bank___ ____________ ______ ______________
The Winters State Bank__________________________________
Wolfe City National Bank in Wolfe City........................ .........
First National Bank___ ____ _______________ ______________
First National Bank------- --------- ---- ----------------------------------First National Bank------------------------------- ------------------------First State Bank of Yorktown___________________ _________
Citizens State Bank-------------------------------------------------------- -

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

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

Cashier
Cashier
Cashier

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

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

Directors o f the Federal Reserve Bank o f Dallas

Nam e

E lected b y
B anks in
G ro u p

O cc u p a tio n

Class

T erm
E xpires
D ee. 3 1

P. P. B utler................................

President, First National Bank in Houston,
Houston, Texas

l

A

1951

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

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

1

B

1949

J. R. M ilam ................................

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

2

B

1951

W. F. B eall................................

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

3

B

1950

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

President, Woodley
Petroleum Company,
Houston, Texas

C

1949

R. B. A n d e r s o n .....................
Deputy Chairman

General Manager,
W. T. Waggoner Estate,
Vernon, Texas

9>

C

1951

G. A. Frierson...........................

G. A. Frierson & Son,
Merchants and Planters,
Shreveport, Louisiana

»

C

1950

. . . .

George L. MacGregor

.

.

.

Appointed by the
Board o f Governors o f the
Federal Reserve System

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