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F ederal reserve O F Ba n k D A LLA S Dallas, Texas, September 28, 1955 ELECTION OF DIRECTORS To the M em ber 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, 1955: Class A director — Mr. J. Edd McLaughlin President, Security State Bank & Trust Company Ralls, Texas Class B director — Mr. J. B. Thomas President and General M an age r and Director Texas Electric Service Company, Fort Worth, Texas Vice President and Director, Texas Utilities Company Dallas and Fort Worth, 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 announcement contained in the 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 $ 2 00 ,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 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 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 28, 1955. A form for this purpose is enclosed. O n or about November 4, 1955, 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 7, 1955, and close at 2:00 P.M. on November 22, 1955. The ballots must be executed during that period and be mailed so as to reach me before the closing of the polls. O n 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. O n 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. W hen an authorization is made, it is preferable that designations should be by title. W hile the banks in Group 2 will not participate in this election, this circular is sent to them, without forms, for their information. Yours very truly, ROBERT J. SMITH 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 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. N o 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 1 Consists o f all member banks with a combined capital a n d surplus o f $1,200,000 a n d over Banks in this group elect one Class B director A R IZ O N A Location Southern Arizona Bank & Trust C om pany............................... Tucson Officers Authorized to Cast Vote Name of Bank or Trust Company Cashier L O U ISIA N A Location Name of Bank or Trust Company Officers Authorized to Cast Vote M onroe Central Savings Bank and Trust C om pany............................... President, Vice President, Cashier M onroe The Ouachita National Bank in M o n roe .................................. Chairman, President, Vice President, Cashier Shreveport Commercial National Bank in Shreveport................................. President, Vice President, Cashier President, Vice President, Cashier Shreveport TEXAS Location Officers Authorized to Cast Vote Name of Bank or Trust Company Abilene The Citizens National Bank in A b ile n e .................................... President, Vice President, Cashier Abilene The Farmers and Merchants N ational Bank of A bilene ............ Chairman, President, Vice President, Cashier Am arillo Am arillo National Bank......................................................... Chairman, President, Vice President, Cashier Am arillo The Am erican N ational Bank of Am arillo................................. President, Executive Vice President Am arillo The First N ational Bank of Am arillo....................................... President Austin The American N ational Bank of A u stin.................................... President Austin The Austin National Bank...................................................... President, Vice President Austin The Capital N ational Bank in A ustin....................................... President Beaumont The Am erican National Bonk of Beaum ont.............................. Chairman, President, Vice President, Cashier Beaumont The First National Bank of Beaumont...................................... Chairm an, President, Vice President, Cashier Corpus Christ! The Corpus Christ! National Bank........................................... Corpus Christl State National Bank of Corpus Christi.................................... President, Vice President Dallas First N ational Bank in D allas.................................................. Chairman, President, Vice President, Cashier Dallas Mercantile N ational Bank at D allas......................................... Chairman, President, Vice President, Cashier Dallas Republic National Bank of D allas............................................ Chairman, President, Vice President, Cashier Dallas Texas Bank & Trust Com pany of D a lla s ................................... Chairman, President El Paso El Paso N ational B ank............................................................ President, Vice President El Paso The State N ational Bank of El Paso......................................... President TEXAS — Continued Location Officers Authorized to Cost Vote Name of Bank or Trust Company Fort Worth Continental N ational Bank of Fort W orth................................. President Fort Worth The First N ational Bank of Fort W o rth .................................... President Fort Worth The Fort W orth N ational Bank............................................... President, Vice President, Cashier Houston Citizens State Bank............................................................... President Houston The City N ational Bank of Houston......................................... Chairman, President, Vice President, Cashier Houston First National Bank in Houston................................................ Chairman, President, Vice President, Cashier Houston Houston Bank & Trust Com pany.............................................. Cashier Houston Houston National Bank.......................................................... Chairman, President, Vice President, Cashier Houston The N ational Bank of Commerce of Houston............................. President, Vice President, Cashier Houston The Second National Bank o f Houston..................................... Chairman, President, Vice President Houston Texas National Bank of Houston............................................. Chairman, President, Vice President, Cashier Lubbock The Citizens N ational Bank of Lubbock.................................... President Lubbock First N ational Bank at Lubbock............................................... President, Vice President, Cashier Lubbock The Lubbock National Bank.................................................... President M idland The First National Bank of M id la n d ......................................... President M id land The M idland National Bank.................................................... President O dessa The First National Bank of O d e ssa ......................................... Chairman, President, Vice President, Cashier Port Arthur The First N ational Bank of Port Arthur..................................... President, Vice President, Cashier Port Arthur The Merchants N ational Bank of Port Arthur......................... . Chairman, President, Vice President, Cashier San Antonio The Alam o National Bank of San A ntonio................................. Vice President San Antonio San Antonio Bexar County National Bank of San A ntonio............................. President, Cashier The Frost N ational Bank o f San A ntonio................................... Cashier San Antonio The G roos National Bank of San A ntonio................................. San Antonio National Bank of Commerce of San A ntonio............................. President, Vice President Sherman The Merchants and Planters National Bank of Sherm an............. Chairman, President, Vice President, Cashier Temple First N ational Bank of Temple................................................ President Texarkana The Texarkana National Bank.................................................. Cashier Ernest M. Groos, President Tyler The Citizens National Bank of Tyler........................................ President, Vice President, Cashier Tyler The Peoples National Bank of Tyler......................................... Chairman, President, Vice President, Cashier Tyler Tyler Bank and Trust Com pany.............................................. President, Vice President, Cashier Victoria Victoria Bank and Trust Com pany........................................... President Victoria The Victoria National Bank..................................................... Chairman, President, Vice President, Cashier W aco The Citizens National Bank of W a co ........................................ President W aco The First National Bank of W a co ............................................. President, Vice President W ichita Falls City National Bank in W ichita Falls........................................ Vice President W ichita Falls The First National Bank of W ichita Falls.................................. President 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. N o 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 $200,000 and less Banks in this group elect one C lass A director L O U ISIA N A Location Officers Authorized to Cast Vote Name of Bank or Trust Company Arcadia First National Bank in A rcadia.............................................. Delhi The First National Bank of D elhi............................................. T. F. Hardy, President President Lake Providence The First National Bank of Lake Providence............................. President O a k Grove W est Carroll N ational Bank of O a k G rove............................... President Rayvilie First N ational Bonk of Rayvilie............................................... President Tallulah Southern National Bank at Tallulah........................................ N E W M E X IC O Location Officers Authorized to Cast Vole Name of Bank or Trust Company Artesia The Grant County State B ank.................................................. Active Vice President, Cashier Chairman, President, Vice President, Cashier Bayard Dem ing Hagerm an Vice President Hatch President Logan Chairman, President, Vice President, Cashier Lordsburg Chairman, President, Vice President, Cashier Melrose N o ra Visa Cashier Portales President, Vice President, Cashier Porta les President, Cashier Roswell Cashier Santa Rosa O KLAHO M A Location Officers Authorized to Cast Vote Name of Bank or Trust Company Antlers Vice President and Cashier Atoka President Boswell President, Vice President, Cashier Broken Bow President O K LA H O M A — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company Coalgate First N ational Bank in C o a lg a te ............................................. Cashier Colbert The First National Bank of Colbert......................................... C. B. Carter, Vice President Hugo The Citizens State Bank........................................................ Chairman, President, Vice President H ugo Security First National Bank of H u go ...................................... Vice President Idabel The Idabel National Bank...................................................... Chairman, President, Vice President, Cashier M adill The First National Bank in M a d ill............................................ Roy Lockhart, Executive Vice President M adid The M adill National B a n k ...................................................... Chairman, President, Vice President, Cashier TEXAS Location Officers Authorized to Cast Voto Name of Bank or Trust Company A lpine President Alto President Alvord Amherst The First N ational Bank of Am herst........................................ President Anderson A nna Anson Anthony Anton President, Vice President, Cashier A ransas Pass Aspermont Athens Atlanta The Atlanta N ational Bank..................................................... Executive Vice President Atlanta A vinge r Baird Chairman, President, Vice President Ballinger Bandera Cashier Bandera Bangs Bartlett Bastrop Beeville The Commercial N ational Bank of Beeville............................... Beeville The First N ational Bank of Beeville................................... ,.... Beeville President Bells Bellville Belton President, Vice President, Cashier Blanco Bogota Bonham Booker The First State Bank.............................................................. President, Vice President, Cashier Brackettviile The First State Bank.............................................................. Cashier Brady Bremond The First State Bank of Bremond............................................. Chairman, President, Vice President, Cashier Bridgeport Bryan Bryan Bryan First State Bank and Trust Company, Bryan, Texas................... Byers The First National Bank of Byers............................................. Vice President Bynum Canton Chairman, President, Vice President, Cashier Canyon President, Vice President, Cashier TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company Carrizo Sprin gs Union State Bank .................................................. Celeste The First National Bank of Celeste............................ Chillicothe The First National Bank of Chillicothe....................... President Cisco First N ational Bank in Cisco..................................... Chairman, President, Vice President, Cashier, Assistant Clarendon The Farmers State Bank of Clarendon....................... President Clarendon The First National Bank of Clarendon....................... President, Vice President, Cashier Clarksville First National Bank in Clarksville............................. President Clarksville Red River National Bank in Clarksville...................... Cashier Claude The First National Bank of Claude........................... Chairman, President, Vice President, Cashier Cleveland Farmers State B ank................................................ Chairman, Vice President, Cashier Cleveland The First National Bank of Cleveland........................ Chairman, President, Vice President, Cashier Clifton Farmers State Bank................................................ Chairman, President, Vice President, Cashier Coleman First Coleman N ational Bank of Colem an.................. Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier College Station College Station State B ank...................................... Comanche The Comanche National Bank................................. President Comanche State National Bank in Comanche............................ Vice President and Cashier Commerce The First National Bank of Commerce........................ Cashier Coolidge The First National Bank o f C o olidge .......................... Chairman, President, Vice President, Cashier Cooper The Delta N ational Bank of Cooper........................... Chairman, President, Vice President, Cashier Cooper The First National Bank in Cooper............................. President, Vice President, Cashier Cotuila Stockmens National Bank in Cotuila......................... Active Vice President Crosby Crosby State B a n k ................................................. President Crosbyton Citizens National Bank of Crosbyton......................... President, Vice President Crowell Crowell State B ank................................................. Chairman, President, Vice President, Cashier Cuero Farmers State Bank & Trust Com pany........................ . Cushing The First N ational Bank of C u sh in g........................... Vice President Daingerfield The National Bank of Daingerfield............................ Chairman, President, Vice President, Cashier Daihart Citizens State Bank of Daihart.................................. President, Vice President, Cashier Darrouzett The First N ational Bank of Darrouzett....................... President, Cashier Dawson The First National Bank of Daw son........................... Chairman, President, Vice President, Cashier Decatur The First National Bank in Decatur........................... Chairman, President, Vice President, Cashier DeKalb State Bank of D eKalb............................................. President De Leon The Farmers and Merchants National Bank of De Leon Del Rio Del Rio Bank & Trust Com pany................................ Vice President Deport The First National Bank of Deport............................ Cashier Dodson The First State B ank................................................ Vice President Dublin The Dublin N ational B ank....................................... President Eagle Lake The First National Bank of Eagle Lake...................... Chairman, President, Vice President, Cashier East Bernard Union State Bank................................................... Chairman, President, Vice President, Cashier Eastland Eastland National Bank.......................................... President, Cashier Eden Eden State Bank.................................................... Chairman, President, Vice President, Cashier Edgewood The First National Bank of Edgew ood....................... Chairman, President, Vice President, Cashier Eldorado The First National Bank of Eldorado......................... President, Vice President, Cashier Elgin The Elgin National Bank......................................... Vice President Emory The First National Bank of Emory............................ Vice President, Cashier Event The First National Bank of Evant.............................. Chairman, President, Vice President, Cashier Fabens The First National Bank of Fabens............................ Chairman, President, Vice President, Cashier Falfurrias The First National Bank in Falfurrias........................ President Falls City The Falls City National Bank................................... Farmersville First National Bank at Farmersville.......................... Chairman, President, Vice President, Cashier Fayetteville The Farmers National Bank of Fayetteville................ Chairman, President, Vice President Ferris Farmers and Merchants State Bank of Ferris, T e x a s ... D. H. Moyers, President Floresville First City National Bank of Floresville..................... Chairman, President, Vice President, Honorary Vice Foiled The Follett National Bank....................................... Vice President, Cashier Forney The Farmers National Bank of Forney....................... President, Cashier Forney Forney State B a n k .................................. .............. President, Cashier President, Vice President, Cashier Fort Worth The First National Bank of H andley.......................... Franklin The First National Bank of Franklin......................... President, Vice President, Cashier Fredericksburg Security State B a n k ............................................... Chairman TEXAS — Continued locotion Officers Authorized to Cast Vote Name of Bank or Trust Company Chairman, President, Vice President, Cashier Gatesville Guaranty Bank & Trust Com pany.... Gatesville The N ational Bank of Gatesville............................................. Chairman, President, Vice President, Cashier The First National Bank of G eorgetow n................................... Chairman, President, Vice President, Cashier Georgetown Cashier G eorge West First National Bank in G eorge W e st........................................ G id d in gs The First National Bank of G id d in g s ....................................... President Gilmer The Farmers and Merchants National Bank of Gilm er................ Vice President Gilmer The First National Bank of Gilm er........................................... Chairman, President, Vice President, Cashier Gladewater The First State Bank............................................................... President Glen Rose The First National Bank in G len Rose..................................... President, Vice President G oliad The First N ational Bank of G o lia d ........................................... Vice President, Cashier G ordon The First N ational Bank of G o rd o n .......................................... Chairman, President, Vice President, Cashier Gorm an The First N ational Bank of G orm an.......................................... President G raford First N ational Bank, G ra fo rd.................................................. Chairman, President, Vice President, Cashier Graham The Graham N ational Bank.................................................... Cashier G ranbury The First N ational Bank of G ranbury....................................... Vice President G rand Saline First National Bank of G rand Salin e ....................................... Chairman, President, Vice President, Cashier Grandview The First National Bank of G randview .................................... Executive Vice President G ranger The First Stale Bank.............................................................. Chairman, President, Vice President, Cashier G ranger The G ran ge r National Bank................................................... Chairman, President, Vice President, Cashier G rapevine First National Bank of G rapevine........................................... Chairman, President, Vice President, Cashier Greggton First State Bank of G re g gto n .................................................. Vice President and Cashier Chairman, President, Vice President, Cashier Groom The State National Bank of G room ......................................... Groveton First N ational Bank in Groveton............................................. President Gruver Hale Center The First N ational Bank of Hale Center.................................... President Halleltsville First N ational Bank of Halleltsville........................................ Chairman, President, Vice President, Cashier Hamilton The Hamilton National Bank.................................................. President, Vice President, Cashier Hamilton The Perry N ational Bank of Ham ilton....................................... President, Cashier Hamlin The Farmers & Merchants National Bank o f Ham lin................... President Haskell Haskell N ational Bank............................................................ President, Cashier Hawkins Hebbronville The First National Bank of Hebbronville.................................. Chairman, President, Vice President, Cashier Hempstead Citizens Slate B a n k .............................................................. Vice President Henrietta The First National Bank of Henrietta........ ............................... President Hereford Hereford State Bank............................................................. Vice President, Cashier First N ational Bank in H ig g in s................................................ Executive Vice President Honey Grove First N ational Bank in H oney G rove........................................ President Houston First State Bank of G reen’s B ayou........................................... President, Cashier Hughes Sprin gs The First National Bank of Hughes S p rin g s............................. Chairman, President, Vice President, Cashier Huntsville lola First N ational Bank of Huntsville............................................ Chairman, President, Vice President, Cashier Hico H iggins Holland Iowa Park The State N ational Bank o f Iow a Park...................................... Chairman, President, Vice President, Cashier Italy The First National Bank of Italy.............................................. President, Vice President Itasca The First National Bank o f Itasca............................................. Executive Vice President The First N ational Bank of Jacksboro........................................ Chairman, President, Vice President, Cashier Jacksboro Jacksboro Jefferson The Jacksboro National B ank.................................................. Chairman, Vice President, Cashier The First National Bank of Jefferson........................................ President Junction Junction Junction N ational Bank.......................................................... Chairman, President, Vice President, Cashier Karnes City The Karnes County National Bank of Karnes City....................... Chairman, President, Vice President, Vice President and Katy Katy N ational B ank............................................................... Kaufman The Farmers & Merchants N ational Bank of Kaufm an................ Cashier Chairman, President, Vice President, Cashier Kemp Kerens First N ational Bank of Kerens.................................................. Chairman, President, Vice President, Cashier Knox City The Citizens State Bank......................................................... President Kosse The First State Bank............................................................. Chairman, President, Vice President, Cashier Kountze Peoples State Bank of Kountze................................................ Executive Vice President TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company Cashier La Coste The La Caste National Bank.................................................. Ladonia Farmers & Merchants State Bank........................................... Vice President and Cashier La Feria The First National Bank of La Feria......................................... Chairman, President, Vice President La G range The First National Bank of La G ra n ge ..................................... Chairman, President, Vice President, Cashier Lakeview The First National Bank o f Lakeview........................................ Vice President and Cashier First State Bank....... ............................................................ Chairman, President, Yice President, Cashier LaMarque Lampasas The First National Bank of Lam pasas....................................... President, Vice President Lampasas The Peoples N ational Bank of Lam pasas.................................. Chairman, President, Vice President, Cashier Lancaster The First National Bank of Lancaster........................................ Chairman, President, Vice President, Cashier La Porte The First National Bank of La Porte......................................... President, Vice President, Cashier Leonard The Leonard National Bank.................................................... President Linden The First National Bank of Linden........................................... Cashier L!pan The First N ational Bank of Lipan............................................. Cashier Littlefield The First N ational Bank of Littlefield........................................ Chairman, President, Vice President, Cashier Livingston The First National Bank of Livingston........................................ President, Vice President, Cashier, Assistant Cashier Llano Moore State Bank.................................................................. President, Vice President Lockney First N ational Bank in Lockney................................................ Loraine First State Bank.............................................................. ...... President, Cashier Lorenzo State B ank............................................................... President, Vice President, Cashier Lorenzo Lovelady The State National Bank of Lovelady....................................... I. J. Young, Cashier Luling The First National Bank in Luling............................................ Chairman, President, Vice President, Cashier Madisonville The First N ational Bank of M adisonville.................................. Cashier The M arfa National Bank........................................................ Chairman, President, Vice President, Cashier, Assistant M arfa Cashier M arion Mart The First National Bank of M a rlin ............................................ President M arlin National B ank............................................................ Chairman, President, Vice President, Cashier The Farmers and Merchants National Bank o f M a rt................... President, Vice President, Cashier Mart The First N ational Bank of M art............................................. President, Vice President, Cashier Mason The M ason National Bank....................................................... President, Vice President M atador The First State Bank of M atador............................................. . Vice President Mathis First State Bank of M a th is....................................................... President, Cashier Maypearl First State Bank.................................................................... President, Cashier McKinney Central National Bank of M cKinney........................................ Chairman, President, Vice President, Cashier Marlin Marlin McLean Melvin The First N ational Bank of M e lv in ........................................... President, Cashier M enard The M enard N ational Bank..................................................... Cashier Mercedes Merkel The First National Bank of Mercedes........................................ H. G. George, Executive Vice President The Farmers and Merchants National Bank o f M erkel................ President Mertzon The First National Bank of Mertzon......................................... Cashier Mesquite The First National Bank of M esquite....................................... Midlothian First National Bank in M idlothian........................................... President Chairman, President, Vice President, Cashier Milford The First National Bank of M ilford.......................................... Cashier M ineola The First National Bank of M in e o la........................................ Cashier Mineral W ells The City National Bank of Mineral W e lls.................................. President Moody The First National Bank of M o o d y ............... ........................... Vice President, Cashier M oran Morton First State Bank.................................................................... President M ount Calm The First National Bank in Mount C alm .................................... Chairman, President, Vice President, Cashier Mount Pleasant G uaranty Bond State Bank..................................................... Mount Vernon The First National Bank of Mount Vernon................................. President J. A. Banister, Vice President M und ay Navasota First National Bank in M u n d a y............................................... President, Vice President, Cashier The Morris County National Bank of N ap le s............................. Chairman, President, Vice President, Cashier The First National Bank of N avasota....................................... President, Cashier Naples New Boston The First National Bank of New Boston.................................... Vice President Newcastle Farmers National Bank of Newcastle....................................... Newton The First National Bank of Newton........................................... President Vice President Nocona The Peoples N ational Bank of N o co na.................................... President, Vice President, Cashier Nordheim The First National Bank of N ordheim ....................................... Cashier Norm angee The First National Bank of N orm angee.................................... Chairman, President, Vice President, Cashier TEXAS — Continued Location Officers Authorised to Cast Vote Name of Bank or Trust Company Odem Presidenf O 'D onnell The First N ational Bank of O 'D o n n e ll...................................... O gle sb y The First N ational Bank of O gle sby O zona The O zo n a National B a n k ..................................................... Vice President Palestine The First National Bank of Palestine President, Vice President, Cashier Pearsall Security State Bank .............................................................. Perryton The Perryton National Bank Pilot Point The Pilot Point National Bank Pittsburg First State Bank.................................................................... Pittsburg The Pittsburg National B a n k .................................................. Plano The First National Bank of Plano Pleasanton First National Bank in Pleasanton ......................................... T. S. Dean, President Poth The First National Bank of P o th ............................... .............. Executive Vice President Premont First State Bank .................................... ................................................. ............................................... .......................................... President, Cashier President President, Cashier Q uanah .................................................................. Vice President, Cashier First National Bank in Q u an a h ............................................. Chairman, President, Vice President, Cashier The Security National Bank of Q u a n a h ................................... Chairman, President, Vice President, Cashier Q uitaque The First National Bank of Q u ita q u e ....................................... President Ralls Security State Bank & Trust C o m p a n y ..................................... Chairman, President, Vice President, Cashier Rhome The First National Bank in Rhome............................................ Cashier Richardson The Citizens State B a n k ................................ ........................ President Richmond The First National Bank o f Richmond....................................... Presidenf, Vice President, Cashier Rockport The First National Bank of Rockport........................................ A. C. Glass, Vice President Rocksprings Peoples Slate Bank............................................................... Q uanah Rockwall The First State Bank.............................................................. Chairm an Roscoe The Roscoe State Bank .......................................................... Chairman, President, Vice President, Cashier Rosebud The First N ational Bank o f Rosebud........................................ Chairman, President, Vice President, Cashier Rosebud The Planters National Bank of Rosebud.................................... President, Vice President, Cashier Rosenberg The First National B ark of R ose n b e rg..................................... Chairman, President, Vice President, Cashier Rowena The First National Bank of R o w e n a ......................................... Cashier Roxton The First N ational Bank of R ox to n .......................................... President Royse City Citizens State B ank................................................................ Rule The Farmers National Bank of Rule, Texas................................. Chairman, President, Vice President, Cashier Cashier Rusk Farmers and Merchants State Bank, Rusk, Texas........................ Jeff Austin, President Saint Jo The First National Bank of Saint Jo ....................................... Chairman, President, Vice President, Cashier, Assistant San Augustine The First National Bank of San A ugustine................................. Chairman, President, Vice President, Cashier Sanger The First National Bank of S an ge r........................................... Cashier President, Executive Vice President Cashier San Marcos State Bank and Trust C o m p a n y .............................................. San Saba The City N ational Bank of San S a b a ........................................ C lay Kuykendall, President San Saba The San Sab a National B a n k ................................................. Chairman, President, Vice President, Cashier Santa A nna The Santa A nna National B ank............................................... Vice President, Cashier Santo The First N ational Bank of Santo............................................. President Schulenberg The First N ational Bank of Schulenberg.................................... Seagraves The First National Bank in Sea grave s...................................... President Seguin The N olle National Bank of Se g u in .......................................... Chairman Seminole Seminole State Bank Seymour The First N ational Bank of Seym our............ ........................... Chairman, President, Vice President, Cashier Shamrock Farmers & Merchants State Bank of Sh a m ro ck .......................... Chairman, President, Vice President, Cashier Shamrock The First N ational Bank of Shamrock ...................................... Chairman, President, Vice President, Cashier Shiner The First N ational Bank of Shiner............................................ Chairman, President, Cashier Shiro Farmers State Bank of Shiro, T e x a s ....................................... W . S. Davis, Jr., President Silsbee Silsbee State Bank Chairman, President, Vice President, Cashier Spearm an First State Bank .................................................................. ........................................................... ............................................................. Vice President, Cashier President, Vice President, Cashier TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company Spur Spur Security B a n k ............................................................... Vice President, Cashier Stanton The First National Bank of Stanton ......................................... President Strawn First Strawn National Bank.......................... ........................... President, Vice President, Cashier Streetman The First N ational Bank of Streetm an................................ ..... President, Vice President, Cashier Sudan The First National Bank of S u d an ........................................... President, Vice President, Cashier Sunray Sunray State Bank................................................................. Taft The First National Bank of Taft ............................................. Tatt The First State Bank of T a ft.................................................... President, Vice President, Cashier Thorndale Thorndale State Bank............................................................ Chairman, President, Vice President, Cashier Throckmorton The First National Bank of Throckmorton................................. President, Vice President, Cashier Tomball Guaranty Bond State Bank......... ............................................ President Tom Bean The First National Bank of Tom Bean........................................ President Trent Home State Bank.................................................................. President, Cashier Chairman, President, Vice President, Cashier Trenton The First National Bank of Trenton ....................................... Henry Donaghey, Cashier Trinity The First National Bank of Trinity .......................................... President, Vice President Troup The First National Bank of Troup ........................................... President Valley Mills First National Bank in Valley M ills......................................... Chairman, President, Vice President, Cashier Valley View The Valley View National B a n k ............................................. Van Alstyne The First National Bank of Van Alstyne.................................... Cashier Van Horn W axahachie W axah achie Bank and Trust Com pany.................................... President W ellington The First National Bank in W ellington..................................... Chairman, President, Vice President, Cashier W ellington W ellington State Bank.......................................................... W eslaco W est The First National Bank of W e slaco........................................ President, Vice President, Cashier The State National Bank in W est............................................. President The W est National B ank........................................................ President, Vice President W est Colum bia The First Capitol State Bank............. ...................................... Chairman, President, Vice President, Cashier W hite Deer The Farmers National Bank of W hite Deer................................ President, Cashier W hitesboro Security National Bank of W hitesboro..................................... W est Wheeler Whitewright The First National Bank of W hitewright ................................. Vice President W hitney First National Bank in W hitney.............................................. Chairman, President, Vice President, Cashier W ills Point The First National Bank of W ills Point..................................... President, Cashier W indom The First National Bank of W in d o m ......................................... President, Cashier W innsboro The First National Bank of W in n sb o ro ...................................... Chairman, President, Vice President, Cashier Winters The W inters State Bank......................................................... President W olfe City The W o lfe City National Bank in W olfe City............................ President, Vice President W oodsboro The First National Bank of W o o d sb o ro .................................... Cashier Wortham The First National Bank of W ortham ........................................ President Yoakum The Yoakum National B a n k ............. ...................................... President, Vice President, Cashier Yorktown The First National Bank of Yorktown...................................... Cashier Yorktown First State Bank of Y o rktow n ................................................. Chairman, President, Vice President Ysleta Citizens Stale B a n k .............................................................. President Directors of the Federal Reserve Bank of Dallas N am e E luded b y b a n ks in G roup Occupation C lass Term expires Dec. 31 Sam D. Y o u n g ...................... President, El Paso National Bank, El Paso, Texas 1 A 1957 W . L. Peterson...................... President, The State National Bank of Denison, Denison, Texas 2 A 1956 J. Edd McLaughlin President, Security State Bank & Trust Company, Ralls, Texas 3 A 1955 J. B. T h o m a s ...................... President and General M anager and Director, Texas Electric Service Company, Fort Worth, Texas; V ice President and Director, Texas Utilities Company, D a lla s an d Fort W orth, Texas 1 B 1955 D. A. H u l c y ...................... Chairman of the Board and President, Lone Star G as Company; President, Lone Star Produc ing Company; Dallas, Texas 2 B 1957 John R. A lf o r d ...................... Industrialist and Farmer, Henderson, Texas 3 B 1956 Robert J. S m i t h .................. Chairman President, Pioneer Air Lines, Inc., and Business M a n a g ers, Inc., Dallas, Texas C 1957 Hal B o g l e ........................... Deputy Chairman Rancher and Feeder, Dexter, New Mexico C 1956 Henry P. D ro u g h t.................. Attorney at Law, San Antonio, Texas C 1955 . . . . Appointed by the Board of Governors of the Federal Reserve System il II
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