The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F ederal Reserve Ba n k OF DALLAS D a lla s , T e x a s , S e p te m b e r 2 1 , 1 9 6 0 ELECTION OF DIRECTORS To the M em b e r Banks in the Eleventh Federal Reserve District: A n e le c tio n w ill b e h e ld u n d e r th e p ro v is io n s o f S e c tio n 4 o f th e F e d e ra l R eserve A c t to c h o o s e suc cessors to th e fo llo w in g d ir e c to rs o f th is B a n k , w h o s e te rm s e x p ir e D e c e m b e r 3 1 , 1 9 6 0 : C lass A C lass D ire c to r — M r. Sam D . Y o u n g P re s id e n t, El Paso N a t io n a l B a n k El P aso, T e xa s B D ire c to r — M r , D. A . H u lc y C h a irm a n o f th e B o a rd Lone S ta r G a s C o m p a n y D a lla s , T e xa s M r . Y o u n g , th e C lass A D ire c to r, w a s e le c te d b y b a n k s in G r o u p 1 a n d his su cce sso r w ill b e ch o se n b y th e b a n k s in th is g r o u p . A t th e c o n c lu s io n o f his p re s e n t te rm , M r . Y o u n g w ill h a v e s e rv e d tw o te rm s o f th re e y e a rs e a c h . G r o u p 1 co nsists o f b a n k s h a v in g c a p ita l a n d su rp lu s o f $ 2 , 0 0 0 , 0 0 0 a n d o v e r. M r . H u lc y , th e C lass B D ire c to r, w a s e le c te d b y b a n k s in G r o u p 2 a n d his su cce sso r w ill b e ch o se n b y th e b a n k s in th is g r o u p . A t th e c o n c lu s io n o f his p re s e n t te rm , M r . H u lc y w ill h a v e s e rv e d tw o f u ll th r e e - y e a r te rm s p lu s a p o r tio n o f a n u n e x p ir e d te rm . G r o u p 2 co nsists o f b a n k s h a v in g c a p ita l a n d su rp lu s o f $ 3 0 0 , 0 0 0 a n d o v e r, b u t u n d e r $ 2 , 0 0 0 , 0 0 0 . The b a n k s c o m p ris in g G ro u p s 1 a n d 2 a re lis te d o n th e f o llo w in g p a g e s . T h e g ro u p in w h ic h a m e m b e r b a n k w ill b e e n title d to v o te w ill b e d e te r m in e d b y its c la s s ific a tio n as o f th e d a te o f th is le tte r , e ve n th o u g h its c a p ita l a n d su rp lu s m a y s u b s e q u e n tly c h a n g e p r io r to th e d a te o f th e e le c tio n . Each b a n k in G r o u p 1 is p e rm itte d to n o m in a te o n e c a n d id a t e f o r C lass A D ire c to r a n d e a c h b a n k in G r o u p 2 is p e rm itte d to n o m in a te o n e c a n d id a t e f o r C lass B D ire c to r. T h e n o m in a tio n s m ust b e m a d e b y re s o lu tio n o f th e B o a rd o f D ire c to rs a n d c e r tifie d to m e o n o r b e fo r e O c to b e r 2 1 , 1 9 6 0 . A fo r m f o r th is p u rp o s e is e n c lo s e d . O n O c to b e r 2 7 , 1 9 6 0 , a lis t o f th e c a n d id a te s ( in d ic a tin g b y w h o m n o m in a te d ) a n d a p r e f e r e n tia l b a llo t w ill b e m a ile d to e a c h b a n k in th e v o tin g g ro u p s . T h e b a llo t m ust b e c a st w ith in fifte e n d a y s a ft e r re c e ip t. The p o lls w ill o p e n a t 9 a .m ., on O c to b e r 3 1 , 1 9 6 0 , a n d clo se a t 2 p .m . o n N o v e m b e r 1 5 , 1 9 6 0 . A t th a t tim e th e b a llo t b o x w ill b e o p e n e d a t th is B a n k, th e v o te s c o u n te d a n d re su lts o f th e e le c tio n a n n o u n c e d . T h e c a n d id a te s a re in v ite d to b e p re s e n t o r re p re s e n te d o n t h a t o c c a s io n . In o r d e r to b e c o u n te d , th e b a llo t m ust b e e x e c u te d b y a n o ffic e r a u th o r iz e d to ca s t th e v o te . I f th e o ffic ia l s ig n a tu re o f th e o ffic e r , o r o ffic e rs , a u th o r iz e d to c a s t th e b a llo t has n o t b e e n file d w ith th is F e d e ra l R eserve B a n k , such o ffic ia l s ig n a tu re s h o u ld b e file d b e fo r e th e p o lls c lo s e . In a sm u ch as th e a u th o r ity c o n fe r re d on th e s e o ffic e rs c o n tin u e s u n til re v o k e d , th e y n e e d n o t b e r e a p p o in te d . E ach m e m b e r b a n k w h ic h has n o t d e s ig n a te d a n o ffic e r , o r o ffic e rs , f o r th e p u rp o s e o f s ig n in g th e b a llo t, o r a n y b a n k t h a t d e s ire s to c h a n g e its a u th o r iz a tio n , s h o u ld d o so b y re s o lu tio n o f its B o a rd o f D ire c to rs a n d c e r t if y th e a p p o in tm e n t to m e b e fo r e th e p o lls c lo s e . A fo rm f o r th is p u rp o s e w ill b e fu r n is h e d u p o n re q u e s t. th e ir W h ile th e b a n k s in G r o u p 3 w ill n o t v o te in th is e le c tio n , th is c ir c u la r is s e n t to th e m w ith o u t fo rm s f o r in fo r m a tio n . V e r y tr u ly y o u rs . This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) Inform ation C oncerning Eligibility for C lass A D irectorship of a Federal R eserve B ank S e c tio n 4 o f th e F e d e ra l R eserve A c t c o n ta in s th e fo llo w in g p ro v is io n s : “ C lass A s h a ll c o n s is t o f th r e e m e m b e rs , w h o s h a ll b e ch o se n b y a n d b e re p re s e n ta tiv e o f th e s to c k h o ld in g b a n k s .” “ N o o ffic e r o r d ir e c to r o f a m e m b e r b a n k s h a ll b e e lig ib le to se rve as a C lass A d ir e c to r unless n o m in a te d a n d e le c te d b y b a n k s w h ic h a re m e m b e rs o f th e s a m e g r o u p as th e m e m b e r b a n k o f w h ic h h e is a n o ffic e r o r d ir e c t o r . ” “ A n y p e rs o n w h o is a n o ffic e r o r d ir e c to r o f m o re th a n o n e m e m b e r b a n k s h a ll n o t b e e lig ib le f o r n o m in a tio n as a C lass A d ir e c to r e x c e p t b y b a n k s in th e s a m e g r o u p as th e b a n k h a v in g th e la r g e s t a g g r e g a t e re s o u rc e s o f a n y o f th o s e o f w h ic h such p e rs o n is a n o ffic e r o r d ir e c t o r . ” “ N o S e n a to r o r R e p re s e n ta tiv e in C o n g re s s s h a ll b e a m e m b e r o f th e B o a rd o f G o v e rn o rs o f th e F e d e ra l R eserve S yste m o r a n o ffic e r o r a d ir e c to r o f a F e d e ra l re s e rv e b a n k . ” In a re s o lu tio n a d o p te d D e c e m b e r 2 3 , 1 9 1 5 , th e F e d e ra l R eserve B o a rd e x p re s s e d th e o p in io n “ th a t p e rs o n s h o ld in g p o litic a l o r p u b lic o ffic e in th e s e rv ic e o f th e U n ite d S ta te s , o r o f a n y S ta te , te r r ito r y , c o u n ty , d is tric t, p o litic a l s u b d iv is io n , o r m u n ic ip a lity th e r e o f, o r a c tin g as m e m b e rs o f p o litic a l p a r t y c o m m itte e s , c a n n o t c o n s is te n tly w ith th e s p ir it a n d u n d e rly in g p rin c ip le s o f th e F e d e ra l R eserve A c t, s e rv e as d ir e c to rs o r o ffic e rs o f F e d e ra l R eserve B a n k s .” GROUP 1 Consists of all member banks having capital and surplus of $2,000,000 and over. Banks in this group elect one Class A Director A R IZ O N A Location Tucson Officers Authorized to Cast Vote Na:r!c of Bank or Trust Com pany Southern Arizona Bank & Trust Company................................. President LOUISIANA Location Monroe Monroe Shreveport Shreveport N am e of Bank or Trust Com pany Central Savings Bank and Trust Company................................. The Ouachita National Bank in Monroe................................. Commercial National Bank in Shreveport............................... The First National Bank of Shreveport .................................... Officers A uthorized to Cast Vote President, Vice President and Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier TEXAS Location Abilene Abilene Amarillo Amarillo Austin Austin Austin Beaumont Beaumont Corpus Christi Dallas Dallas Dallas Dallas E Paso l E Paso l E Paso l Fort Worth Fort Worth Nam e of Bank or Trust Com pany The Citizens National Bank in Abilene.................................. First National Bank of Abilene .............................................. Amarillo National Bank........................................................ The First National Bank of Amarillo....................................... The American National Bank of Austin.................................. The Austin National Bank....................................................... The Capital National Bank in Austin....................................... The American National Bank of Beaumont............................... The First National Bank of Beaumont...................................... Corpus Christi State National Bank......................................... First National Bank in Dallas................................................. Mercantile National Bank at Dallas......................................... Republic National Bank of Dallas............................................ Texas Bank & Trust Company of Dallas.................................... E Paso National Bank........................................................ l Southwest National Bank of E Paso....................................... l The State National Bank of E Paso......................................... l Continental National Bank of Fort Worth................................. The First National Bank of Fort Worth...................................... Officers Authorized to Cast Vote President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier President President, Vice President Chairman, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier W W Overton, Jr., Chairman . . Chairman, President, Vice President President President Executive Vice President Chairman, President, Vice President, Cashier TEXAS — C o n tin u e d Location Fort Worth Galveston Houston Houston Houston Houston Houston Houston Houston Longview Lubbock Lubbock Lubbock Midland Midland Port Arthur Port Arthur San Antonio San Antonio San Antonio San Antonio Texarkana Tyler Tyler Tyler Victoria Victoria Waco Waco Wichita Falls Wichita Falls N am e of Bank or Trust Company Officers A uthorized to Cast Vote The Fort Worth National Bank................................................ First Hutchings-Sealy National Bank of Galveston..................... Bank of the Southwest National Association, Houston.............. Citizens State Bank ............................................................. First City National Bank of Houston....................................... Houston Bank & Trust Company............................................ Houston National Bank ........................................................ The National Bank of Commerce of Houston............................. Texas National Bank of Houston ........................................... Longview National Bank........................................................ The Citizens National Bank of Lubbock.................................. First National Bank at Lubbock.............................................. The Lubbock National Bank................................................... The First National Bank of Midland....................................... The Midland National Bank................................................... The First National Bank of Port Arthur.................................... The Merchants National Bank of Port Arthur............................. The Alamo National Bank of San Antonio............................... The Frost National Bank of San Antonio.................................. President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President President Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President President, Vice President, Cashier President President President President, Vice President, Cashier Chairman, President, Vice President, Cashier President Cashier National Bank of Commerce of San Antonio............................. The Texarkana National Bank................................................ Citizens First National Bank of Tyler....................................... The Peoples National Bank of Tyler....................................... Tyler Bank and Trust Company................................................ Victoria Bank and Trust Company........................................... The Victoria National Bank................................................... The Citizens National Bank of Waco...................................... The First National Bank of Waco............................................ City National Bank in Wichita Falls....................................... The First-Wichita National Bank of Wichita Falls...................... President, Vice President Cashier President, Vice President, Cashier President, Vice President President, Vice President, Cashier President Chairman, President, Vice President, Cashier Walter G. Lacy, Jr., President President President, Vice President Chairman Inform ation C oncerning Eligibility for C lass B D irectorship of a Federal R eserve B ank S e c tio n o f th e F e d e ra l R eserve A c t c o n ta in s th e fo llo w in g p ro v is io n s : “ C lass B s h a ll c o n s is t o f th re e m e m b e fs , w h o a t th e tim e o f th e ir e le c tio n s h a ll b e a c tiv e ly e n g a g e d in th e ir d is tr ic t in c o m m e rc e , a g r ic u ltu r e o r so m e o th e r in d u s tria l p u rs u it.” “ N o d ir e c to r o f C lass B s h a ll b e a n o ffic e r , d ir e c to r , o r e m p lo y e e o f a n y b a n k . ” “ N o S e n a to r o r R e p re s e n ta tiv e in C o n g re s s s h a ll b e a m e m b e r o f th e B o a rd o f G o v e rn o rs o f th e F e d e ra l R eserve S ystem o r a n o ffic e r o r a d ir e c to r o f a F e d e ra l re s e rv e b a n k . ” \ 4 In a re s o lu tio n a d o p te d D e c e m b e r 2 3 , 1 9 1 5 , th e F e d e ra l R eserve B o a rd e x p re s s e d th e o p in io n “ th a t p e rso n s h o ld in g p o litic a l o r p u b lic o ffic e in th e s e rv ic e o f th e U n ite d S ta te s, o r o f a n y S ta te , t e r r ito r y , c o u n ty , d is tric t, p o litic a l s u b d iv is io n , o r m u n ic ip a lity th e r e o f, o r a c tin g as m e m b e rs o f p o litic a l p a r ty c o m m itte e s , c a n n o t c o n s is te n tly w ith th e s p ir it a n d u n d e rly in g p rin c ip le s o f th e F e d e ra l R eserve A c t, s e rv e as d ir e c to rs o r o ffic e rs o f F e d e ra l R eserve B a n k s .” GROUP 2 Consists of all member bonks having capital and surplus of $300,000 and over, but under $2,000,000. Banks in this group elect one Class B Director. LOUISIANA Location Bastrop Bossier City Homer Lake Providence Mansfield Minden Tallulah West Monroe N am e of Bank or Trust Com pany Officers A uthorized to Cast Vote Bastrop National Bank.......................................................... The National Bank of Bossier City........................................... The Homer National Bank..................................................... The First National Bank of Lake Providence............................. First National Bank in Mansfield............................................. Minden Bank & Trust Company.............................................. Southern National Bank at Tallulah....................................... President President Chairman, President, Vice President, Cashier President Cashier President President, Executive Vice President and Cashier, Vice President First National Bank of West Monroe....................................... President, Vice President, Cashier NEW M EXICO Location Alamogordo Artesia Carlsbad Carlsbad Clovis Deming Hobbs Las Cruces Lovington Roswell Rosw ell Silver City Truth or Consequences Tucumcari Nam e of Bank or Trust Com pany Officers A uthorized to Cast Vote First National Bank in Alamogordo....................................... Chairman, President, Executive Vice President, Vice President The First National Bank of Artesia........................................... Chairman, President, Vice President, Cashier Atmerican Bank of Carlsbad................................................. Chairman, President, Vice President, Cashier The Carlsbad National Bank................................................... President, Vice President, Cashier The Clovis National Bank..................................................... Chairman, President, Vice President, Cashier Mimbres Valley Bank........................................................... Chairman, President, Vice President, Cashier First National Bank of Hobbs................................................. President The First National Bank of Las Cruces...................................... Chairman, President, Vice President, Cashier Lovington National Bank....................................................... President The First National Bank of Roswell......................................... President, Vice President, Cashier Roswell State Bank............................................................... President, Cashier The American National Bank of Silver City............................... Cashier Hot Springs National Bank................................................... President, Cashier The First National Bank in Tucumcari....................................... Chairman, President, Vice President O K LA H O M A Location Durant Durant Nam e of Bank or Trust Com pany Officers A uthorized to Cast Vote The Durant National Bank in Durant...................................... President, Vice President, Cashier The First National Bank in Durant........................................... President, Vice President, Cashier TEXAS — Continued Location Abilene Albany Alice Alice Alpine Alvin Amarillo Andrews Angleton Arlington Austin Austin Bay City Bay City Baytown Baytown Beaumont Beaumont Beeville Beeville Bellaire Belton B Spring ig Big Spring Borger Borger Bowie Breckenridge Brenham Brenham Brownfield Brownfield Brownsville Brownsville Brownwood Brownwood Bryan Bryan Bryan Cameron Cameron Canadian Canyon Childress Clarksville Cleburne Cleburne Coleman College Station Colorado City Conroe Conroe Corpus Christ! Corpus Christ! Corsicana Corsicana Crockett Cuero Dalhart Dalhart Dallas Dallas Dallas N e of B or Trust Com am ank pany O fficers A uthorized to Cast V ote The First State Bank............................................................. President The First National Bank of Albany......................................... Vice President First National Bank of Alice................................................... Vice President, Cashier First National Bank in Alpine................................................. President The American National Bank of Amarillo................................. 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 Co...................................................... The First National Bank of Bay City....................................... Citizens National Bank & Trust Company of Baytown................ The First National Bank of Baytown....................................... Gateway National Bank of Beaumont.................................... Security State Bank and Trust Company of Beaumont................. The Commercial National Bank of Beeville............................. The First National Bank of Beeville....................................... First State Bank of Bellaire..................................................... The Peoples National Bank of Belton...................................... The First National Bank in Big Spring.................................... The State National Bank of B Spring.................................. ig First National Bank of Borger.................................................. Panhandle State Bank............................................................ The First National Bank of Bowie............................................ First National Bank in Breckenridge....................................... The First National Bank of Brenham....................................... Washington County State Bank.............................................. Brownfield State Bank & Trust Co., Brownfield, Texas................ The First National Bank of Brownfield...................................... First National Bank at Brownsville........................................... Pan American State Bank....................................................... Citizens National Bank at Brownwood.................................... First National Bank in Brownwood........................................... The City National Bank of Bryan............................................ The First National Bank of Bryan............................................ First State Bank and Trust Company, Bryan, Texas..................... The Citizens National Bank of Cameron.................................. First National Bank in Cameron............................................ The First National Bank of Canadian....................................... The First National Bank in Canyon........................................... The First National Bank in Childress....................................... Red River National Bank in Clarksville.................................... Cleburne National Bank........................................................ The First National Bank in Cleburne....................................... First Coleman National Bank of Coleman................................. College Station State Bank................................................... The City National Bank of Colorado City.................................. Conroe National Bank.......................................................... First National Bank in Conroe................................................ First State Bank of Corpus Christi......................................... The Mercantile National Bank of Corpus Christi........................ The First National Bank of Corsicana...................................... The State National Bank of Corsicana.................................... The First National Bank of Crockett......................................... Buchel National Bank in Cuero.............................................. Citizens State Bank of Dalhart................................................ First National Bank in Dalhart................................................ Empire State Bank of Dallas................................................. Fair Park National Bank of Dallas........................................... Industrial National Bank of Dallas......................................... President, Executive Vice President Executive Vice President Chairman and President President, Vice President, Cashier President President President Chairman, President, Vice President, Cashier President, Vice President, Cashier Executive Vice President President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Executive Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President Ralph Rittenhouse, Cashier President Chairman, President, Vice President, Cashier President President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President President, Vice President, Cashier President Chairman, President, Vice President, Cashier Vice President President, Active Vice President, Cashier President, Cashier President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Cashier Cashier Chairman, President, Vice President, Cashier President, Vice President J. P. LeM Cashier ay, Harold Sullivan, President Chairman, President, Vice President, Cashier President, Vice President President Chairman, President Chairman, President, Vice President, Cashier President, Vice President Chairman, President Chairman, President, Vice President, Cashier President, Vice President, Cashier President President, Vice President, Cashier President, Vice President Chairman, Vice Chairman, President, Vice President, Cashier TEXAS — Continued Location Dallas Dallas Decatur Deer Park D R el io Denison Denison Denton Dublin Durnus Dumas Eagle Pass Edinburg E Campo l Elgin E Paso l E Paso l Floydada Fort Worth Fredericksburg Freeport Gainesville Galveston Galveston Garland Goliad Gonzales Graham Graham Grand Prairie Grapevine Greenville Greenville Hale Center Harlingen Harlingen Henderson Henderson Hereford Hondo Houston Houston Houston Houston Houston Houston Houston Houston Houston Houston Houston Houston Houston Houston Houston Huntsville Jacksonville Jasper Kenedy Kerrville Kilgore Killeen Kingsville Nam of B or Trust Com e ank pany O fficers A uthorized to Cast V ote The National Bank of Commerce of Dallas............................... President, Cashier Northwest National Bank of Dallas......................................... President, Vice President The First National Bank in Decatur......................................... Chairman, President, Vice President, Cashier D R National Bank.......................................................... el io The Citizens National Bank of Denison.................................... The State National Bank of Denison....................................... The Denton County National Bank of Denton.......................... The Dublin National Bank..................................................... First National Bonk of Dumas................................................ First State Bank.................................................................... The First National Bank of Eagle Pass...................................... First National Bank in Edinburg.............................................. The First National Bank of E Campo....................................... l The Elgin National Bank........................................................ Citizens State Bank of Ysleta................................................. Northgate National Bank of E Paso....................................... l The First National Bank of Floydada....................................... The First National Bank of Handley......................................... Fredericksburg National Bank................................................ The Freeport National Bank................................................... The Gainesville National Bank in Gainesville.......................... The Moody National Bank of Galveston.................................. The United States National Bank of Galveston.......................... First National Bank in Garland.............................................. The First National Bank of Goliad........................................... The Citizens National Bank of Gonzales................................. First National Bank in Graham................................................ The Groham National Bank................................................. . First National Bank in Grand Prairie....................................... First National Bank of Grapevine........................................... The Citizens National Bank of Greenville............................... The Greenville National Exchange Bank.................................. The First National Bank of Hale Center.................................. 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 Hondo National Bank..................................................... Almeda State Bank............................................................... Chimney R National Bank of Houston.................................. ock 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............................ Lockwood National Bank of Houston...................................... Long Point National Bank of Houston...................................... MacGregor Park National Bank of Houston............................ Medical Center National Bank, Houston.................................. Montrose National Bank of Houston....................................... South Park National Bank of Houston...................................... University State Bank............................................................ The Huntsville National Bank................................................ The First National Bank of Jacksonville.................................. First National Bank of Jasper................................................ First-Nichols National Bank of Kenedy.................................... First National Bank of Kerrville............................................ The Kilgore National Bank..................................................... The First National Bank of Killeen......................................... Kleberg First National Bank of Kingsville................................. President President, Vice President, Cashier Chairman, President, Vice President, Cashier Executive Vice President, Cashier President Chairman, President, Vice President President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President, Cashier Vice President President President President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier President, Vice President Vice President Chairman, President, Vice President, Cashier President Vice President, Cashier President, Vice President, Cashier Cashier Vice President and Cashier President Chairman, President, Vice President, Cashier President, Vice President, Cashier Executive Vice President President, Vice President President, Cashier President, Vice President, Cashier Cashier Vice President Cashier Cashier President, Cashier President President, Vice President President President, Cashier President, Vice President, Cashier President, Vice President, Cashier President, Vice President President Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Executive Vice President President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier TEXAS — C o n tin u e d Location L Marque a Lamesa Lamesa Laredo Laredo Levelland Levelland Liberty Littlefield Livingston Llano Lockhart Lockney Longview Lubbock Lubbock Lufkin Marshall Marshall M cAllen McGregor M cKinney Mesquite Mineral Wells M ission Monahans Monahans Mount Pleasant Muleshoe Munday Nacogdoches Nacogdoches New Boston New Braunfels Odessa Odessa Odessa Orange Orange Orange Paducah Palestine Palestine Pampa Panhandle Paris Paris Pasadena Pecos Pecos Perryton Plainview Port Arthur Port Neches Post Quitman Refugio Robstown Rockport San Angelo San Angelo San Angelo San Antonio Nam e of Bank or Trust Com pany Officers A uthorized to Cast Vote Bank of the Mainland.............................................. ........... Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier The First National Bank of Lamesa...................................... The Lamesa National Bank. . . .1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .". . . . .Chairman, President, Vice President, Cashier ...... The Laredo National Bank..................................................... President, Vice President Union National Bank of Laredo.............................................. Cashier The First National Bank of Levelland............................... ....... President, Vice President, Cashier Levelland State Bank........................................................... Chairman, President The First Liberty National Bank!............................................. Chairman, President, Vice President The First National Bank of Littlefield....................................... Chairman, President, Vice President, Cashier The First National Bank of Livingston...................................... Chairman, President, Vice President, Cashier Moore State Bank................................................................. President, Vice President First-Lockhart National Bank................................................. President First National Bank in Lockney;............................................. The First National Bank of Longview....................................... President, Vice President American State Bank,............!.............................................. President, Vice President, Cashier The Plains National Bank of Lubbock....................................... President, Executive Vice President The Lufkin National Bank..................................................... Vice President The First National Bank of Marshall....................................... President, Vice President and Cashier The Marshall National Bank................................................... President, Cashier First National Bank of M cAllen;............................................. Chairman, President, Vice President, Cashier The First National Bank of McGregor...................................... President, Vice President, Cashier The Collin County National Bank of M cKinney................. ....... Chairman The First National Bank of Mesd|uite.................................. ..... President The First National Bank in Mineral Wells................. ............ President, First 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 First State Bank........................................................ ........... President The First National Bank in Mount Pleasant............................... President, Vice President First National Bank of Muleshoe............................................ President First National Bank in Mundayj.......................................... President, Vice President, Cashier Commercial National Bank in Nacogdoches............................. President The Stone Fort National Bank of Nacogdoches.......................... Chairman, President, Vice President, Cashier The First National Bank of N Boston.................................. Vice President ev^ The First National Bank of Nev/ Braunfels............................... President The First National Bank of Odessa.................................... .... President, Executive Vice President First State Bank......................i............................................. President, Executive Vice President National Bank of Odessa. . . . . . j.............................................. Executive Vice President . County National Bank of Orange............................................ First National Bank in Orange...!. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chairman, . President, Vice President, Cashier .......... ......... . The Orange National Bank. . . .1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .President, . Vice President, Cashier The First National Bank. . . . . . . .'.. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .President . . ........ The East Texas National Bank of Palestine. . . . . . . . . . . . . . . . . . . . . . . . .President ...... The Royall National Bank of Palestine. . . . . . . . . . . . . . . . . . . . . . . . . . . . President, Vice President, Cashier ........ First National Bank in Pampa. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . President. . . . ........ ........ The First National Bank of Panhandle. . . . . . . . . . . . . . . . . . . . . . . . . . . . President The First National Bank of Paris. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . President. . . ........ The Liberty Notional Bank in Paris. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Chairman,. President, Vice President, Cashier ......... First National Bank of Pasadena. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .President,. .Executive Vice President ........ The First National Bank of Pecos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Executive. .Vice President ........ The Security State Bank of Pecos> Texas. . . . . . . . . . . . . . . . . . . . . . . . . . . . President, Vice President, Cashier ........ The First National Bank of Perryton. . . . . . . . . . . . . . . . . . . . .. .. .. ......... .. . .President The City National Bank of Plainview. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Chairman, President, Vice President, Cashier ......... Sabine National Bank of Port Arthur. . . . . . . . . . . . . . . . . . . . . . . . . . . . . President. ........ The First National Bank of Port Neches.................................. Chairman, President, Cashier The First National Bank of Post........................................ President The First National Bank of Quitman....................................... President The First National Bank of Refugio....................... ...... Cashier The State National Bank of Robstown................... Chairman The First National Bank of Rockport....................................... The Central National Bank of San Angelo............................... President, Vice President, Cashier The First National Bank of San Angelo....................... .... President San Angelo National Bank of San Angelo.............. President, Cashier Bexar County National Bank of San Antonio...... ...... President, Vice President, Cashier TEXAS — C o n tin u e d Location N am e of Bank or Trust Com pany Officers Authorized to Cast Vote San Antonio Son Antonio Son Antonio Son Antonio San Antonio San Benito Seguin Seguin Seminole Sherman Shiner Silsbee Snyder Broadway National Bank of Alamo Heights............................. The Brooks Field National Bank of San Antonio....................... First National Bank of San Antonio....................................... K Field National Bank of San Antonio............................... elly The National Bank of Fort Sam Houston at San Antonio........... The San Benito Bank & Trust Company.................................... The First National Bank of Seguin........................................... Seguin State Bank & Trust Company....................................... Seminole State Bank............................................................. The Merchants and Planters National Bank of Sherman............ The First National Bank of Shiner........................................... Silsbee State Bank............................................................... Snyder National Bank.......................................................... Snyder Sonora Spur Stafford Stamford Stanton Stephenville Sterling City Sulphur Springs Sweetwater Tahoka Taylor Taylor Temple Temple West Texas State Bank.......................................................... The First National Bank of Sonora........................................... Spur Security Bank............................................................... First National Bank of Stafford.............................................. The First National Bank in Stamford....................................... The First National Bank of Stanton......................................... Farmers-First National Bank of Stephenville............................. The First National Bank of Sterling City.................................. The City National Bank of Sulphur Springs............................... National Bank of Sweetwater................................................ The First National Bank of Tahoka......................................... The City National Bank of Taylor............................................. First-Taylor National Bank..................................................... First National Bank of Temple................................................ Temple National Bank.......................................................... Terrell Texas City Tomball Tulia Uvalde Vernon Vernon Waco Waco Weatherford Weatherford Weatherford Weslaco West Columbia Wharton Wharton 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........................................... Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Executive Vice President Chairman, President, Cashier President, Vice President Vice President, Cashier President, Cashier Chairman, President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Executive Vice President, Vice President Vice President President, Cashier Chairman, President, Vice President President, Cashier President, Cashier President President, Cashier President, Vice President President, Vice President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President President Chairman, Vice Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President Chairman Cashier President President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier The Citizens National Bank of Weatherford............................. The First National Bank of Weatherford.................................. The Merchants and Farmers State Bank of Weatherford........... The First National Bank of Weslaco......................................... First Capitol Bank................................................................. Security Bank and Trust Company......................................... Wharton Bank & Trust Company............................................ President Cashier President President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Directors of the Federal Reserve Bank of Dallas Name Elected by banks in Group Occupation Class Term expires Dec. 31 Sam D . Y o u n g ............................. P re s id e n t, El Paso N a tio n a l B a n k, El P aso, T e xa s 1 A 1960 J o h n M . G r i f f i t h ............................. P re s id e n t, The C ity N a tio n a l B a n k o f T a y lo r, T a y lo r, T e xa s 2 A 1962 J. Edd M c L a u g h lin P re s id e n t, S e c u rity S ta te B a n k & T rust C o m p a n y , R alls, T e xa s 3 A 1961 H . B. Z a c h r y .................................... P re s id e n t, H . B. Z a c h ry C o m p a n y , S an A n to n io , T e xa s 1 B 1961 D . A . H u l c y .................................... C h a irm a n o f th e B o a rd , Lone S ta r G a s C o m p a n y , D a lla s , T e xa s 2 B 1960 J. B. P e rry , J r ...................................... P re s id e n t a n d G e n e r a l M a n a g e r , P e rry B ro th e rs , In c ., L u fk in , T e xa s 3 B 1962 R o b e rt J. S m i t h ............................. P re s id e n t, P io n e e r H y d r o te x In d u s trie s , In c ., D a lla s , T e xa s C 1960 C 19 6 1 C 1962 . . . . C h airm a n L a m a r F le m in g , J r ............................. D epu ty C h airm a n R o b e rt O . A n d e rs o n . . . . C h a irm a n o f th e B o a rd , A n d e rs o n , C la y to n a n d C o m p a n y , In c., H o u s to n , T e xa s P re s id e n t, H o n d o O il & G a s C o m p a n y , R o sw e ll, N e w M e x ic o A p p o in te d b y th e B o a rd o f G o v e rn o rs o f th e F e d e ra l R eserve System ”
@FedFRASER