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Federal reserve bank OF DALLAS Dallas, Texas, Sepfember 26, 1956 ELECTION OF DIRECTORS To the M em b e r 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, 1956: Class A director — Mr. W. L. Peterson President, The State National Bank of Denison Denison, Texas Class B director Mr. John R. Alford Industrialist and Farmer Henderson, Texas The Class A director will be elected by banks in Group 2, and the Class B director, by banks in Group 3. The banks in Group 1 do not elect a director this year. In accordance with the announcement contained in 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 $200,000 and less than $1,200,000; and Group 3 consists of banks with capital and surplus of $200,000 and less. Lists of banks comprising Groups 2 and 3 are given on the following pages. Each bank in Group 2 is permitted to nominate a candidate for Class A director, and each bank in Group 3, a candidate for Class B director. The nomination must be made by resolution of the 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 26, 1956. A form for this purpose is enclosed. On or about November 2, 1956, 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 5, 1956, and close at 2:00 P.M. on November 20, 1956. The ballots must be executed during that period and be mailed so as to reach me before the closing of the polls. On the last day of the voting period, the ballot box will be opened in the Board Room of this bank, the votes counted, and the results of the election announced. The candidates will be Invited to be present or represented on that occasion. In order to be counted, a ballot must be executed by an officer authorized by resolution of the member bank’s Board of Directors to cast the vote for that bank. On the following pages are shown the titles of officers heretofore designated for that purpose. The authority conferred on them continues until revoked. Each bank that has not designated such an officer, or officers, or any bank that desires to change its 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 authorization is made, it is preferable that designations should be by title. While the banks in Group 1 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 A Directorship of a Federal Reserve Bank Section 4 of the Federal Reserve Act provides that Class A directors shall be chosen by and be representative of the member banks. No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks v/hich are members of the same group as the member bank of which he is an officer or director. Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director. Under a resolution of the Federal Reserve Board, adopted December 23, 1915, persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, can not, consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve banks. The Federal Reserve Board also passed a resolution December 28, 1915, that “national bank examiners shall not hereafter be elected . . . to directorships in Federal Reserve banks." GROUP 2 Consists of all member banks with a combined capital and surplus of over $200,000 and less than $1,200,000 Banks in this group elect one Class A director LOUISIANA Location Bastrop Bossier City Homer Mansfield Minden West Monroe Name of Bank or Trust Company Bastrop National Bank................................................................. The National Bank of Bossier City.............................................. The Homer National Bank........................................................... First National Bank in Mansfield.................................................. Minden Bank & Trust Company.................................................... First National Bank of West Monroe............................................ Officers Authorized to Cast Vote President President Chairman, President, Vice President, Cashier Cashier President Executive Vice President N EW M E X IC O Location Alamogordo Artesia Carlsbad Carlsbad Clovis Hobbs Las Cruces Lovington Roswell Silver City Truth or Consequences Tucumcari Nome of Bank or Trust Company First National Bank in Alamogordo............................................ The First National Bank of Artesia.............................................. American Bank of Carlsbad......................................................... The Carlsbad National Bank........................................................ The Clovis National Bank............................................................ First National Bank of Hobbs...................................................... The First National Bank of Las Cruces........................................ Lovington National Bank............................................................. The First National Bank of Roswell.............................................. The American National Bank of Silver City................................. Hot Springs National Bank.......................................................... The First National Bank in Tucumcari........................................ Officers Authorized to Cast Vote Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Vice President President Chairman, President, Vice President, Cashier President President, Vice President, Cashier Cashier President, Cashier Chairman, President, Vice President OKLAHO M A Location Durant Durant Name of Bank or Trust Company Officers Authorized to Cast Vote The Durant National Bank in Durant............................................ President, Vice President, Cashier The First National Bank in Durant................................................ President, Vice President, Cashier TEXAS Location Abilene Albany Andrews Angleton Arlington Austin Austin Bay City Bay City Baytown Baytown Beaumont Bellaire Belton Big Spring Big Spring Borger Borger Bowie Brady Breckenridge Brenham Brenham Brownfield Brownfield Brownsville Brownsville Brownwood Brownwood Cameron Carthage Childress Cleburne Cleburne Colorado City Conroe Conroe Corpus Christ! Corpus Christ! Corsicana Corsicana Crockett Cuero Dalhart Dalias Dallas Dallas Dallas Del Rio Denison Denison Denton Dumas Dumas Eagle Pass Edinburg Edna El Campo El Campo El Paso Ennis Officers Authorized to Cast Vote Name of Bank or Trust Company The First State Bank.................................................... The First National Bank of Albany............................. First National Bank of Andrews................................. The First National Bank of Angleton........................ First National Bank in Arlington................................ City National Bank of Austin...................................... Texas State Bank....................................................... Bay City Bank & Trust Company................................. The First National Bank of Bay City.......................... Citizens National Bank & Trust Company of Baytown. The First National Bank of Baytown.......................... Security State Bank and Trust Company of Beaumont. First State Bank of Bellaire........................................ The First Nationai Bank in Beiton.............................. The First Nationai Bank in Big Spring...................... The State National Bank of Big Spring..................... First Nationai Bank of Borger..................................... Panhandle State Bank............................................... The First Nationai Bank of Bowie............................... The Commerciai Nationai Bank of Brady................... First National Bank in Breckenridge........................... The First National Bank of Brenham........................... Washington County State Bank................................... Brownfieid State Bank & Trust Co., Brownfield, Texas. The First National Bank of Brownfield....................... First National Bank of Brownsville............................. Pan American State Bank......................................... Citizens National Bank at Brownwood....................... First Notional Bank in Brownwood............................. The Citizens National Bank of Cameron................... The First National Bank of Carthage......................... The First National Bank in Childress......................... Cleburne National Bank............................................ The First Nationai Bank in Cleburne......................... The City National Bank of Colorado City.................... Conroe Nationai Bank................................................ First Nationai Bank in Conroe.................................... First State Bank of Corpus Christ!.............................. The Mercantile National Bank of Corpus Christ!........ The First National Bank of Corsicana......................... The State National Bank of Corsicana....................... The First National Bank of Crockett........................... Buchel National Bank in Cuero.................................. First National Bank in Daihart.................................. Empire State Bank of Dallas...................................... Fair Park National Bank of Dallas............................ Industrial National Bank of Dallas............................ The National Bank of Commerce of Dallas............... Del Rio National Bank............................................... The Citizens National Bank of Denison..................... The State National Bank of Denison........................ The Denton County National Bank of Denton........... First National Bank of Dumas.................................... First State Bank......................................................... The First National Bank of Eagle Pass...................... First National Bank in Edinburg................................ First National Bank of Edna....................................... Commercial State Bank of El Campo.......................... The First National Bank of El Campo...................... Southwest National Bank of El Paso.......................... Citizens National Bank in Ennis................................ President Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Executive Vice President President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President Ralph Rittenhouse, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President President, Vice President, Cashier President, Active Vice President, Cashier Chairman, President, Vice President, Cashier Executive Vice President, Cashier President, Vice President Executive Vice President, Vice President Chairman, President, Vice President, Cashier President, Vice President President Chairman, President, Vice President, Cashier President, Vice President Chairman, President Chairman, President, Vice President, Cashier President President, Vice President, Cashier Chairman, President, Vice President and Cashier President, Cashier Vice President President Chairman, President, Vice President, Cashier Executive Vice President, Cashier President, Vice President, Cashier Vice President and Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President President, Cashier President Chairman, President, Vice President, Cashier TEXAS Location Floydada Fredericksburg Freeport Gainesville Galveston Galveston Galveston Garland Gilmer Gladev/ater Goliad Gonzales Graham Grand Prairie Greenville Greenville Harlingen Harlingen Henderson Henderson Hereford Hillsboro Hondo Houston Houston Houston Houston Houston Houston Houston Houston Continued Name of Bank or Trust Company Officers Authorized to Cast Vote The First National Bank of Floydada......................................... Fredericksburg National Bank...................................................... The Freeport National Bank........................................................ The Gainesville National Bank in Gainesville............................. The First National Bank of Galveston.......................................... The Moody National Bank of Galveston..................................... The United States National Bank of Galveston........................... First National Bank in Garland.................................................. The First National Bank of Gilmer.............................................. The First State Bank..................................................................... The First National Bank of Goliad.............................................. The Citizens National Bank of Gonzales..................................... President Cashier Chairman, President, Vice President, Cashier Vice President President Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President Vice President, Cashier President, Vice President, Cashier First National Bank in Grand Prairie.......................................... The Citizens National Bank of Greenville................................... The Greenville National Exchange Bank..................................... The First National Bank of Harlingen.......................................... The Harlingen National Bank...................................................... Citizens National Bank of Henderson........................................ The First National Bank of Henderson........................................ The First National Bank of Hereford.......................................... The Citizens National Bank of Hillsboro..................................... The Hondo National Bank........................................................... President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier President, Vice President, Cashier John Wright, Cashier Vice President President Chairman, President, Vice President, Cashier Cashier American National Bank of Houston.......................................... East End State Bank..................................................................... Fidelity Bank and Trust Company................................................ First State Bank of Green's Bayou.............................................. The Harrisburg National Bank of Houston................................... Heights State Bank....................................................................... The Industrial State Bank of Houston, Texas............................... President President, Vice President President, Executive Vice President President, Cashier Vice President, Cashier President, Vice President, Cashier President, Vice President Houston MacGregor Park National Bank of Houston............................... Chairman, President, Vice President, Cashier Houston Houston Houston Huntsville Huntsville Jacksonville Kenedy Kilgore Kilgore Killeen Kingsville LaMarque Lamesa Lamesa Laredo Laredo Levelland Levelland Liberty Littlefield Lockhart Longview Lubbock River Oaks State Bank................................................................. South Main State Bank................................................................. University State Bank................................................................... First National Bank of Huntsville.................................................. The Huntsville National Bank...................................................... The First National Bank of Jacksonville....................................... First-Nichols National Bank of Kenedy........................................ Citizens State Bank & Trust Company.......................................... The Kilgore National Bank.......................................................... The First National Bank of Killeen.............................................. Kleberg First National Bank of Kingsville................................... First State Bank........................................................................... The First Natianal Bank of Lamesa............................................ The Lamesa National Bank.......................................................... The Laredo National Bank........................................................... Union National Bank of Laredo.................................................... The First National Bank of Levelland.......................................... Levelland State Bank................................................................... The First-Liberty National Bank.................................................... Security State Bank..................................................................... First-Lockhart National Bank........................................................ The First National Bank of Longview.......................................... American State Bank................................................................... Lufkin Lufkin Marlin The First State Bank & Trust Company of Lufkin, Texas.............. H. J. Shands, Executive Vice President The Lufkin National Bank............................................................ Vice President First State Bank of Marlin........................................................... P. J. Windsor, Vice President President, Vice President and Cashier President President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President President President, Vice President, Cashier Chairman, President Chairman, President, Vice President President President, Vice President Chairman, President, Vice President, Cashier TEXAS — Continued Location Marshall Marshall McAllen McAllen McGregor McKinney Memphis Mexia Mineral Wells Mission Monahans Monahans Mount Pleasant Muleshoe Nacogdoches Nacogdoches New Boston New Braunfels Nocona Odessa OIney Orange Orange Paducah Palestine Palestine Pampa Panhandle Paris Paris Pasadena Pecos Pecos Perryton Plainview Port Neches Post Quitman Rankin Raymondville Refugio Robstown Rockport San Angelo San Angelo San Angelo San Antonio San Antonio San Antonio San Benito San Marcos Seguin Seguin Seymour Snyder Snyder Sonora Stamford Stephenville Name of Bank or Trust Company Officers Authorized to Cast Vote The First National Bank of Marshall............................................ The Marshall National Bank........................................................ First National Bank of McAllen.................................................... McAllen State Bank..................................................................... The First National Bank of McGregor.......................................... The Collin County National Bank of McKinney........................... The First National Bank of Memphis............................................ First National Bank of Mexia...................................................... The First National Bank in Mineral Wells................................... Cashier President, Cashier Chairman, President, Vice President, Cashier President, Vice President President, Vice President, Cashier Vice President, Cashier President, Vice President President, Vice President, Cashier President, Executive Vice President, Vice President, Cashier First National Bank of Mission.................................................... Chairman, President, Vice President, Cashier First National Bank of Monahans................................................ Executive Vice President, Vice President The First National Bank in Mount Pleasant................................. President, Vice President Commercial National Bank in Nacogdoches................................. The Stone Fort National Bank of Nacogdoches......................... The First National Bank of New Boston......................................... The First National Bank of New Braunfels................................. The Farmers and Merchants National Bank of Nocona.............. First State Bank........................................................................... The First National Bank of OIney............................................... First National Bank in Orange.................................................... The Orange National Bank......................................................... The First National Bank............................................................... The East Texas National Bank of Palestine................................... The Royall National Bank of Palestine........................................ First National Bank in Pampa...................................................... The First National Bank of Panhandle........................................ The First National Bank of Paris.................................................. The Liberty National Bank in Paris.............................................. First National Bank of Pasadena.................................................. The First National Bank of Pecos................................................ The Security State Bank of Pecos, Texas....................................... The First National Bank of Perryton............................................ The City National Bank of Plainview.......................................... The First National Bank of Port Neches....................................... The First National Bank of Post.................................................... The First National Bank of Quitman............................................ The First State Bank of Rankin...................................................... The First National Bank of Raymondville..................................... The First National Bank of Refugio.............................................. The State National Bank of Robstown.......................................... The First National Bank of Rockport............................................ The Central National Bank of San Angelo................................... The First National Bank of San Angelo..................................... San Angelo National Bank of San Angelo................................... Broadway National Bank of Alamo Heights................................. First National Bank of San Antonio.............................................. The National Bank of Fort Sam Houston at San Antonio............ The San Benito Bank & Trust Company........................................ President Chairman, President, Vice President, Cashier Vice President President President, Cashier President, Executive Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President President, Vice President President, Vice President, Cashier President Vice President and Cashier President Chairman, President, Vice President, Cashier President, Executive Vice President, Vice President and Cashier President, Executive Vice President President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Cashier Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President Cashier Chairman A. C. Glass, Vice President President, Vice President, Cashier President President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Executive Vice President The First National Bank of Seguin................................................ Seguin State Bank & Trust Co....................................................... The Farmers National Bank of Seymour....................................... Snyder National Bank................................................................. West Texas State Bank............................................................... The First National Bank of Sonora.............................................. The First National Bank in Stamford............................................ Farmers-First National Bank of Stephenville................................. Chairman, President, Cashier Vice President Vice President Chairman, President, Vice President, Cashier Vice President President, Vice President, Cashier President, Cashier President, Cashier TEXAS — Continued Location Sterling City Sulphur Springs Sulphur Springs Sweetwater Tahoka Taylor Taylor Teague Temple Terrell Texas City Tomball Tulia Uvalde Vernon Vernon Waco Waxahachie Waxahachie Weatherford Weatherford Weatherford Wharton Wharton Wichita Falls Name of Bank or Trust Company The First National Bank of Sterling City....................................... The City Notional Bank of Sulphur Springs................................. Sulphur Springs State Bank........................................................ National Bank of Sweetwater...................................................... The First National Bank of Tahoka.............................................. The City National Bank of Taylor................................................ First-Taylor National Bank............................................................ First National Bank of Teague...................................................... Temple National Bank................................................................. The American National Bank of Terrell....................................... The Texas City National Bank.................................................... Guaranty Bond State Bank.......................................................... The First National Bank of Tulia................................................ First State Bank, of Uvalde, Texas................................................ The Herring National Bank of Vernon........................................ The Waggoner National Bank of Vernon..................................... The National City Bank of Waco................................................ Citizens National Bank in Waxahachie....................................... Waxahachie Bank and Trust Company........................................ The Citizens National Bank of Weatherford............................... The First National Bank of Weatherford..................................... The Merchants and Farmers State Bank of Weatherford.............. Security Bank and Trust Company................................................ Wharton Bank & Trust Company.................................................. Wichita National Bank of Wichita Falls....................................... Officers Authorized to Cast Vote President, Vice President, Cashier President, Cashier President, Vice President Chairman, President, Vice President, Cashier President President, Vice President Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President President Cashier President President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Vice President President President Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Inform ation Concerning Eligibility for Class B Directorship of a Federal Reserve Bank At the time of his election, a Class B director shall be actively engaged in this District in commerce, agriculture or some other industrial pursuit. No Class B director shall be an officer, director, or employee of any bank. Under a resolution of the Federal Reserve Board, adopted December 23, 1915, persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, can not, consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve banks. The Federal Reserve Board also passed a resolution December 28, 1915, that “national bank examiners shall not hereafter be elected . . . to directorships in Federal Reserve banks.” Under date of July 2, 1925, the Federal Reserve Board advised it had “reached the conclusion that a person whose sole occupation is that of officer of an insurance company is not eligible for election as a Class B director of a Federal Reserve bank.” GROUP 3 Consists of all member bonks with a combined capital and surplus of $200,000 and less Banks in this group elect one Class B director LOUISIANA Location Arcadia Delhi Lake Providence Oak Grove Rayville Ruston Tallulah Name of Bank or Trust Company First National Bank in Arcadia.................................................... The First National Bank of Delhi.................................................. The First National Bank of Lake Providence............................... West Carroll National Bank of Oak Grove................................... First National Bank of Rayville.................................................... The First National Bank of Ruston................................................ Southern National Bank at Tallulah............................................ Officers Authorized to Cast Vote President President President President President President N EW M EXIC O Location Artesia Bayard Deming Hagerman Hatch Logan Lordsburg Melrose Portales Portales Roswell Santa Rosa Officers Authorized to Cast Vole Name of Bank or Trust Company The Grant County State Bank...................................................... Mimbres Valley Bank................................................................... The First National Bank of Hagerman........................................ The First National Bank of Hatch................................................ McFarland Brothers Bank............................................................. The First National Bank of Lordsburg.......................................... The First National Bank of Melrose............................................ The First National Bank of Portales............................................ The Portales National Bank.......................................................... Active Vice President, Cashier Chairman, President, Vice President, Cashier Vice President President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Geo. C. Carver, Vice President and Cashier President, Vice President, Cashier President, Cashier The First National Bank of Santa Rosa......................................... Cashier O KLAHO M A Location Antlers Atoka Boswell Broken Bow Name of Bank or Trust Company First National Bank at Antlers.................................................... The Atoka State Bank................................................................. Boswell State Bank....................................................................... Citizens State Bank..................................................................... Officers Authorized to Cast Vote Vice President and Cashier President President, Vice President, Cashier President O K L A H O M A — Continued Location Coalgate Colbert Hugo Hugo Idobel Madill Modill Name of Bank or Trust Company Officers Authorized to Cast Vote First National Bank in Coalgate.................................................. The First National Bank of Colbert.............................................. The Citizens State Bank............................................................... Security First National Bank of Hugo.......................................... The Idabel National Bank........................................................... The First National Bank in Madill................................................ The Madill National Bank........................................................... Cashier Chairman; President; C. B. Carter, Vice President; Cashier Chairman, President, Vice President Vice President Chairman, President, Vice President, Cashier Roy Lockhart, Executive Vice President Chairman, President, Vice President, Cashier TEXAS Location Officers Authorized to Cast Vote Name of Bank or Trust Company Alpine Alto First National Bank in Alpine...................................................... President Continental State Bank................................................................. President Amherst The First National Bank of Amherst............................................ President Anna Anson Anthony Anton Aransas Pass Aspermont Athens Atlanta The First National Bank of Anna................................................ The First National Bank of Anson................................................ Anthony State Bank..................................................................... Citizens State Bank..................................................................... The First State Bank, Aransas Pass, Texas..................................... The First National Bank of Aspermont........................................ The First National Bank of Athens................................................ The Atlanta National Bank.......................................................... President, Cashier President, Vice President, Cashier President Vice President President, Vice President, Cashier Avinger Baird Ballinger The First State Bank..................................................................... President The First National Bank of Baird.................................................. Chairman, President, Vice President, Cashier The First National Bank of Ballinger............................................ Chairman, President, Vice President Bandera First State Bank............................................................................ Cashier Bartlett Bastrop Beeville Beeville Beeville Bells The First National Bank of Bartlett.............................................. The First National Bank of Bastrop.............................................. The Commercial National Bank of Beeville................................ The First National Bank of Beeville............................................ State Bank & Trust Company........................................................ The First National Bank of Bells.................................................... Chairman, President, Vice President, Cashier Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President Belton Blanco The Peoples National Bank of Belton............................................ The Blanco National Bank........................................................... President, Vice President, Cashier President, Vice President, Cashier Bonham Booker The First National Bank of Bonham............................................ President, Vice President The First State Bank..................................................................... President, Vice President, Cashier Brackettville Brady Bremond Brenham Bridgeport Bronte Bryan Bryan Bryan The First State Bank..................................................................... The Brady National Bank............................................................. The First State Bank of Bremond.................................................. The Farmers National Bank in Brenham....................................... The First National Bank of Bridgeport........................................ First National Bank in Bronte...................................................... The City National Bank of Bryan.................................................. The First National Bank of Bryan................................................ First State Bank and Trust Company, Bryan, Texas...................... Cashier Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier L. T. Youngblood, President President Chairman, President, Vice President, Cashier Vice President Byers Bynum Caddo Mills Caldwell Cameron Canadian Canton The First National Bank of Byers................................................ The First National Bank of Bynum.............................................. The State National Bank of Caddo Mills..................................... The Caldwell Notional Bank........................................................ First National Bank in Cameron.................................................. The First National Bank of Canadian.......................................... The First National Bank of Canton.............................................. Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President, Vice President, Cashier President, Cashier President, Vice President and Cashier Chairman, President, Vice President, Cashier President Executive Vice President TEXAS — Continued Location Canyon Carrizo Springs Celeste Center Chillicothe Cisco Clarendon Clarksville Clarksville Claude Cleveland Cleveland Clifton Coleman College Station Comanche Comanche Commerce Coolidge Cooper Cooper Cotulla Crosby Crosbyton Crowell Cuero Cushing Daingerfield Dalhart Darrouzett Dawson Decatur DeKalb De Leon Deport Dodson Dublin Eagle Lake East Bernard Eastland Eden Edgewood Eldorado Elgin Emory Evant Fabens Falfurrias Falls City Farmersville Fayetteville Ferris Floresville Follett Forney Forney Fort Worth Franklin Fredericksburg Name of Bank or Trust Company Officers Authorized to Cast Vote The First National Bank in Canyon.............................................. President, Vice President, Cashier The First National Bank of Celeste.............................................. Chairman, President, Vice President, Cashier The First National Bank of Chillicothe....................................... President First National Bank in Cisco........................................................ Chairman, President, Vice President, Cashier, Assistant Cashier The Farmers State Bank of Clarendon........................................ President First National Bank in Clarksville................................................ President Red River National Bank in Clarksville......................................... Cashier The First National Bank of Claude............................................ Chairman, President, Vice President, Cashier Farmers State Bank....................................................................... Chairman, Vice President, Cashier The First National Bank of Cleveland........................................ Chairman, President, Vice President, Cashier Farmers State Bank..................................................................... Chairman, President, Vice President, Cashier First Coleman National Bank of Coleman..................................... Cashier The Comanche National Bank...................................................... State National Bank in Comanche.............................................. The First National Bank of Commerce......................................... The First National Bank of Coolidge.......................................... The Delta National Bank of Cooper............................................ The First National Bank in Cooper............................................ Stockmens National Bank in Cotulla............................................ Crosby State Bank....................................................................... Citizens National Bank of Crosbyton........................................... Crowell State Bank....................................................................... President Vice President and Cashier Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President Chairman, President, Vice President President President, Vice President Chairman, President, Vice President, Cashier The First National Bank of Cushing............................................ The National Bank of Daingerfield............................................ Citizens State Bank of Dalhart.................................................... The First National Bank of Darrouzett........................................ The First National Bank of Dawson............................................ The First National Bank in Decatur............................................ State Bank of DeKalb................................................................... The Farmers and Merchants National Bank of De Leon.............. The First National Bank of Deport............................................ The First State Bank..................................................................... The Dublin National Bank........................................................... The First National Bank of Eagle Lake........................................ Union State Bank......................................................................... Eastland National Bank............................................................... Eden State Bank........................................................................... The First National Bank of Edgewood........................................ The First National Bank of Eldorado............................................ The Elgin National Bank.......................................................... The First National Bank of Emory................................................ The First National Bank of Evant.................................................. The First National Bank of Fabens.............................................. The First National Bank in Falfurrias.......................................... Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Vice President, Cashier Cashier Vice President President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Vice President Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President President, Vice President Chairman, President, Vice President, Honorary Vice President, Cashier The Follett National Bank........................................................... Vice President, Cashier The Farmers National Bank of Forney......................................... President, Cashier Forney State Bank....................................................................... The First National Bank of Handley............................................ President, Vice President, Cashier The First National Bank of Franklin............................................ President, Vice President, Cashier Security State Bank..................................................................... Chairman First National Bank at Farmersville............................................ The Farmers National Bank of Fayetteville................................. Farmers and Merchants State Bank of Ferris, Texas...................... First City National Bank of Floresville........................................ TEXAS — Continued Location Gafesville Gatesville Georgetown George West Giddings Gilmer Glen Rose Gonzales Gordon Gorman Graford Graham Granbury Grand Saline Grandview Granger Granger Grapevine Greggton Groom Groveton Gruver Hale Center Hallettsville Hamilton Hamilton Hamlin Haskell Hawkins Hebbronville Hempstead Henrietta Hereford Hico Higgins Holland Honey Grove Hughes Springs lola Iowa Park Italy Itasca Jacksboro Jacksboro Jefferson Junction Karnes City Katy Kaufman Kemp Kerens Kerrville Knox City Kosse Kountze La Coste Ladonia La Feria La Grange Lakeview Nome of Bonk or Trust Company Guaranty Bank & Trust Company................................................ The National Bank of Gatesville.................................................. The First National Bank of Georgetown..................................... First National Bank in George West............................................ The First National Bank of Giddings............................................ The Farmers and Merchants National Bank of Gilmer.................. The First National Bank in Glen Rose........................................ Officers Authorized to Cost Vote Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President Vice President President, Vice President The First National Bank of Gordon.............................................. Chairman, President, Vice President, Cashier The First National Bank of Gorman............................................ President The Graham National Bank......................................................... The First National Bank of Granbury........................................ First National Bank of Grand Saline............................................ The First National Bank of Grandview......................................... The First State Bank..................................................................... The Granger National Bank........................................................ First National Bank of Grapevine............................................... First State Bank of Greggton...................................................... The State National Bank of Groom............................................ First Notional Bank in Groveton................................................ Vice President, Vice President and Cashier Vice President Chairman, President, Vice President, Cashier Executive Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President and Cashier Chairman, President, Vice President, Cashier President The First National Bank of Hale Center..................................... First National Bank of Hallettsville................................................ The Hamilton National Bank....................................................... The Perry National Bank of Hamilton........................................ The Farmers & Merchants National Bank of Hamlin.................... Haskell National Bank................................................................. President, Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Cashier Vice President and Cashier President, Vice President, Cashier The First National Bank of Hebbronville..................................... Citizens State Bank..................................................................... The First National Bank of Henrietta............................................ Hereford State Bank..................................................................... Chairman, President, Vice President, Cashier Vice President President President First National Bank in Higgins.................................................... Executive Vice President First National Bank in Honey Grove............................................ President The First National Bank of Hughes Springs................................. Chairman, President, Vice President, Cashier The The The The The The State National Bank of Iowa Park........................................ First National Bank of Italy.................................................. First National Bank of Itasca................................................ First National Bank of Jacksboro.......................................... Jacksboro National Bank...................................................... First National Bank of Jefferson............................................ Chairman, President, Vice President, Cashier President, Vice President Executive Vice President Chairman, President, Vice President, Cashier Chairman, Vice President, Cashier President Junction National Bank............................................................... Chairman, President, Vice President, Cashier The Karnes County National Bank of Karnes City....................... Chairman, President, Vice President, Vice President and Cashier Katy National Bank..................................................................... The Farmers & Merchants National Bank of Kaufman.................. Chairman, President, Vice President, Cashier First National Bank of Kerens.................................................... First State Bank........................................................................... The Citizens State Bank............................................................... The First State Bank................................................................... Peoples State Bank of Kountze.................................................... The La Coste National Bank........................................................ Farmers & Merchants State Bank................................................ The First National Bank of La Feria............................................ The First National Bank of La Grange........................................ The First National Bank of Lakeview............................................ Chairman, President, Vice President, Cashier President, Vice President, Cashier President Chairman, President, Vice President, Cashier Executive Vice President Cashier Vice President and Cashier Chairman, President, Vice President Chairman, President, Vice President, Cashier Vice President and Cashier TEXAS — Continued Location Officers Authorized to Cast Vole Name of Bank or Trust Company Lampasas Lampasas Lancaster La Porte Leonard Linden Lipan Littlefield Livingston Llano Lockney Loraine Lorenzo Lovelady Luling Madisonville Marfa The First National Bank of Lampasas...... The Peoples National Bank of Lampasas.. The First National Bank of Lancaster..... The First National Bank of La Porte....... . The Leonard National Bank..................... The First National Bank of Linden......... The First National Bank of Lipan............ The First National Bank of Littlefield....... The First National Bank of Livingston...... Moore State Bank.................................... First National Bank in Lockney............... First State Bank...................................... Lorenzo State Bank................................ The State National Bank of Lovelady...... The First National Bank in Luling........... The First National Bank of Madisonville. The Marfa National Bank......................... Marion Marlin Marlin Mart Mart Mason Matador Mathis Maypearl McKinney McLean Melvin Menard Mercedes Merkel Mertzon Mesquite Midlothian Milford Mineola Mineral Wells Moody Moran Morton Mount Calm Mount Pleasant Mount Vernon Munday Naples Navasota Newcastle Newton Nocona Nordheim Normangee Odem O'Donnell Oglesby Ozona Palestine Pearsall Perryton Pilot Point Marion State Bank..................................................... The First National Bank of Marlin............................... Marlin National Bank................................................. . The Farmers and Merchants National Bank of Mart.... The First National Bank of Mart................................. The Mason National Bank.......................................... The First State Bank of Matador................................. First State Bank of Mathis.......................................... First State Bank......................................................... Central National Bank of McKinney........................... American National Bank in McLean.......................... The First National Bank of Melvin.............................. The Menard National Bank........................................ The First National Bank of Mercedes......................... The Farmers and Merchants National Bank of Merkel. The First National Bank of Mertzon.......................... The First National Bank of Mesquite.......................... First National Bank in Midlothian............................ The First National Bank of Milford.......................... The First National Bank of Mineola.......................... The City National Bank of Mineral Wells................... The First National Bank of Moody............................ The Moran National Bank.......................................... First State Bank......................................................... The First National Bank In Mount Calm..................... Guaranty Bond State Bank........................................ The First National Bank of Mount Vernon................. First National Bank in Munday.................................. The Morris County National Bank of Naples............. The First National Bank of Navasota......................... Farmers National Bank of Newcastle......................... The First National Bank of Newton.......................... The Peoples National Bank of Nocona....................... The First National Bank of Nordheim....................... The First National Bank of Normangee..................... First State Bank of Odem.......................................... The First National Bank of O'Donnell....................... The First National Bank of Oglesby.......................... The Ozona National Bank.......................................... The First National Bank of Palestine.......................... Security State Bank................................................... The Perryton National Bank...................................... The Pilot Point National Bank.................................. President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President Cashier Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier, Assistant Cashier President, Vice President President, Cashier President, Vice President, Cashier I. J. Young, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier, Assistant Cashier President Chairman, President, Vice President, Cashier E. K. Folley, President President, Vice President, Cashier President, Vice President Vice President President, Cashier President, Cashier Chairman, President, Vice President, Cashier Vice President President, Cashier Cashier H. G. George, Executive Vice President President Cashier President Chairman, President, Vice President, Cashier Cashier Cashier President Vice President, Cashier Chairman; W. W, Williamson, President Chairman, President, Vice President, Cashier President J. A. Banister, Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier Chairman, President, Vice President Vice President President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President Vice President President, Vice President, Cashier Executive Vice President President, Cashier TEXAS — Continued Location Pittsburg Pittsburg Plano Pleasanton Poth Premont Quanah Quanah Quitaque Ralls Rhome Richardson Richland Richmond Richmond Name of Bank or Trust Company Officers Authorized to Cast Vote The Pittsburg National Bank........................................................ The First National Bank of Plano................................................ First National Bank in Pleasanton.............................................. The First National Bank of Poth.................................................... First State Bank........................................................................... First National Bank in Quanah.................................................... The Security National Bank of Quanah..................................... The First National Bank of Quitaque.......................................... Security State Bank & Trust Company.......................................... The First National Bank in Rhome................................................ President President, Cashier T. S. Dean, President Executive Vice President Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier The First National Bank of Richmond.......................................... President, Vice President, Cashier Robstown Rocksprings Rockwall Roscoe Rosebud Rosebud Rosenberg Roton Rowena Roxton Royse City Rule Saint Jo Peoples State Bank....................................................................... The First State Bank..................................................................... The Roscoe State Bank............................................................... The First National Bank of Rosebud............................................ The Planters National Bank of Rosebud...................................... The First National Bank of Rosenberg........................................ The First National Bank of Rotan................................................ The First National Bank of Rowena............................................ The First National Bank of Roxton.............................................. Citizens State Bank..................................................................... The Farmers National Bank of Rule, Texas................................... The First National Bank of Saint Jo............................................ San Augustine Sanger San Marcos San Saba San Saba Santa Anna Santo The First National Bank of San Augustine................................... The First National Bank of Sanger.............................................. State Bank and Trust Company.................................................... The City National Bank of San Saba.......................................... The San Saba National Bank....................................................... The Santa Anna National Bank.................................................... The First National Bank of Santo................................................ Schulenberg Schwertner Seagraves Seguin Seminole Seymour Shamrock Shiner Shiro Silsbee Spearman Spur Stafford Stanton Strawn Streetman Sudan Sunray Taft Taft Thorndale Throckmorton Tom Bean The First National Bank of Schulenberg....................................... Chairman Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President Cashier President Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier, Assistant Cashier Chairman, President, Vice President, Cashier Cashier President, Executive Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President The First National Bank in Seagraves.......................................... The Nolte National Bank of Seguin............................................ Seminole State Bank................................................................... The First National Bank of Seymour............................................ The First National Bank of Shamrock........................................ The First National Bank of Shiner................................................ Farmers State Bank of Shiro, Texas............................................ Silsbee State Bank....................................................................... First State Bank........................................................................... Spur Security Bank....................................................................... President, Executive Vice President Chairman Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Cashier W. S. Davis, Jr., President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President The First National Bank of Stanton............................................ First Strawn National Bank.......................................................... The First National Bank of Streetman.......................................... The First National Bank of Sudan.............................................. Sunray State Bank....................................................................... The First National Bank of Taft.................................................... The First State Bank of Taft......................................................... Thorndale State Bank................................................................... The First National Bank of Throckmorton..................................... The First National Bank of Tom Bean.......................................... President President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President TEXAS — Continued Location Trent Trenton Trinity Troup Valley Mills Valley View Van Alstyne Van Horn Wellington Wellington Weslaco West West West Columbia Wheeler White Deer Whitesboro Whitewright Whitney Wills Point Windom Winnsboro Winters Wolfe City Woodsboro Wortham Yoakum Yorktown Yorktown Ysleta Officers Authorized to Cast Vote Name of Bank or Trust Company Home State Bank......................................................................... The First National Bank of Trenton............................................ The First National Bank of Trinity................................................ The First National Bank of Troup................................................ First National Bank in Valley Mills............................................ The Valley View National Bank.................................................... The First National Bank of Van Alstyne....................................... Van Horn State Bank of Van Horn, Texas..................................... The First National Bank in Wellington......................................... Wellington State Bank................................................................. The First National Bank of Weslaco............................................ The State National Bank in West................................................ The West National Bank........................................................... The First Capitol State Bank........................................................ First National Bank in Wheeler.................................................... 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......................................... The First National Bank of Windom............................................ The First National Bank of Winnsboro......................................... The Winters State Bank............................................................... The Wolfe City National Bank in Wolfe City............................... The First National Bank of Woodsboro........................................ The First National Bank of Wortham............................................ The Yoakum National Bank........................................................ The First National Bank of Yorktown............................................ First State Bank of Yorktown........................................................ Citizens State Bank..................................................................... President, Cashier Henry Donaghey, Cashier President, Vice President President Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President President, Vice President Chairman, President, Vice President, Cashier President, Cashier President Cashier Chairman, President, Vice President, Cashier President President, Cashier Chairman, President, Vice President, Cashier President Chairman, President, Vice President Cashier President President, Vice President, Cashier Cashier Chairman, President, Vice President President Directors of the Federal Reserve Bank of Dallas Occupation Name Elected by banks in Group Class Term expires Dec. 31 Sam D. Young.......................... 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 1958 J. B. T hom as.......................... President and General Manager and Director, Texas Electric Service Company, Fort Worth, Texas 1 B 1958 D. A. H u l c y .......................... Chairman of the Board and President, Lone Star Gas Company, Dallas, Texas 2 B 1957 John R. Alford.......................... Industrialist and Farmer, Henderson, Texas 3 B 1956 Robert J. S m i t h ..................... Chairman President, Slick Airways, Inc., Dallas, Texas C 1957 Hal B o g le................................ Deputy Chairman Rancher and Feeder, Dexter, New Mexico If C 1956 Henry P. Drought..................... Attorney at Law, San Antonio, Texas If C 1958 . . . . Appointed by the Board of Governors of the Federal Reserve System
@FedFRASER