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F ederal reserve bank O F DALLAS Dallas, Texas, September 20, 1961 ELECTION O F DIRECTORS To the Member 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 suc cessors to the following directors of this Bank, whose terms expire December 31, 1961: Class A Director — Mr. J. Edd McLaughlin, President Security State Bank & Trust Company Ralls, Texas Class B Director — Mr. H. B. Zachry, President H. B. Zachry Company San Antonio, Texas Mr. McLaughlin, the Class A Director, was elected by banks in Group 3 and his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. McLaughlin will have served five terms of three years each. Group 3 consists of banks having capital and surplus of under $300,000. Mr. Zachry, the Class B Director, was elected by banks in Group 1 and his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. Zachry will have served one full three-year term. Group 1 consists of banks having capital and surplus of $2,000,000 and over. The banks comprising Groups 1 and 3 are listed on the following pages. The group in which a member bank will be entitled to vote will be determined by its classification as of the date of this letter, even though its capital and surplus may subsequently change prior to the date of the election. Each bank in Group 1 is permitted to nominate one candidate for Class B Director and each bank in Group 3 is permitted to nominate one candidate for Class A Director. The nominations must be made by resolution of the Board of Directors and certified to me on or before October 20, 1961. A form for this purpose is enclosed. On October 26, 1961, a list of the candidates (indicating by whom nominated) and a preferential ballot will be mailed to each bank in the voting groups. The ballot must be cast within fifteen days after receipt. The polls will open at 9 a.m. on October 30, 1961, and close at 2 p.m. on November 14, 1961. At that time the ballot box will be opened at this Bank, the votes counted, and results of the election announced. The candidates are invited to be present or represented on that occasion. In order to be counted, the ballot must be executed by an officer authorized to cast the vote. If the official signature of the officer, or officers, authorized to cast the ballot has not been filed with this Federal Reserve Bank, such official signature should be filed before the polls close. Inasmuch as the authority con ferred on these officers continues until revoked, they need not be reappointed. Each member bank which has not designated an officer, or officers, for the purpose of signing the ballot, or any bank that desires to change its authorization, should do so by resolution of its Board of Directors and certify the appointment to me before the polls close. A form for this purpose will be furnished upon request. While the banks in Group 2 will not vote In this election, this circular is sent to them without forms for their information. Very truly yours. Chairman of the Board This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) In f o r m a t io n C la s s C o n c e rn in g B D ire c to rs h ip of a E lig ib ilit y fo r F e d e r a l R e s e rv e B ank Section 4 of the Federal Reserve Act contains the following provisions: “Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit.” “No director of Class B shall be an officer, director, or employee of any bank.” “No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank.” In a resolution adopted December 23, 1915, the Federal Reserve Board expressed the opinion “that 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, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks.” G R O U P 1 Consists of all member bonks having capital and surplus of $2,000,000 and over. Banks in this group elect one Class B Director. ARIZONA lotolion Tucson Name of Bank or Trust Company Southern Arizona Bonk & Trust Company...................................... Officers Authorized to Cast Vote President LOUISIANA Location Monroe Monroe Shreveport Shreveport Name of Bank or Trust Company Officers Authorized to Cast Vote Central Savings Bank and Trust Company........................................ President, Vice President and Cashier The Ouachita National Bank in Monroe.......................................... President, Vice President, Cashier Commercial National Bank in Shreveport........................................ Chairman, President, Vice President, Cashier The First National Bank of Shreveport.............................................. President, Vice President, Cashier TEXAS Location Abilene Abilene Amarillo Amarillo Amarillo Austin Austin Austin Beaumont Beaumont Corpus Christi Dallas Dallas Dallas Dallas El Paso El Paso El Paso Name of Bank or Trust Company The Citizens National Bank in A bilene........................................... First National Bank of Abilene........................................................... Amarillo National Bank........................................................................ The American National Bank of Amarillo........................................ 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 D allas............................................................ Mercantile National Bank at Dallas.................................................. Republic National Bank of Dallas....................................................... Texas Bank & Trust Company of D allas......................................... El Paso National Bank.......................................................................... Southwest National Bank of El Paso................................................ The State National Bank of El Paso ............................................... Officers Authorized to Cast Vote President, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President, President, Executive Vice President President, Cashier President President, Vice President Chairman, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, W. W. Overton, Jr., Chairman Chairman, President, Vice President President President Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier TEXAS — Continued Location Fort Worth Fort Worth Fort Worth Galveston Galveston Houston Houston Houston Houston Houston Houston Houston Houston Longviev/ Lubbock Lubbock Lubbock Midland Midland Port Arthur Port Arthur San Angelo San Antonio San Antonio San Antonio San Antonio San Antonio Texarkana Tyler Tyler Tyler Victoria Victoria Waco Waco Wichita Falls Wichita Falls Name of Bank or Trust Company Continental National Bank of Fort Worth ....... ....................... The First National Bank of Fort Worth........................................ The Fort Worth National Bank......................................................... First Hutchings-Sealy National Bank of G alveston..................... The Moody National Bank of Galveston....................................... Bank of the Southwest National Association, Houston............... Citizens State Bank............................................................................... East End 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.................................. San Angelo National Bank of San Angelo..................................... The Alamo National Bank of San A ntonio...................................... Bexar County National Bank of San Antonio................................... The Frost National Bank of San Antonio.......................................... The Groos National Bank of San Antonio...................................... National Bank of Commerce of San Antonio................................... The 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.......................... Officers Authorized to Cast Vote Chairman, President, Executive Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President Chairman, President, Vice President President President, Vice President Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier President President, Vice President, Cashier President President President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Cashier President President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier 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, President, Vice President In f o r m a t io n C la s s A C o n c e rn in g D ire c to rs h ip of a E lig ib ilit y fo r F e d e r a l R e s e rv e B ank Section 4 of the Federal Reserve Act contains the following provisions: “Class A shall consist of three members, who shall be chosen by and be representative of the stockholding banks." “No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director.” “Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest aggregate resources of any of those of which such person is an officer or director." “No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal reserve bank." In a resolution adopted December 23, 1915, the Federal Reserve Board expressed the opinion “that 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, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks." G R O U P 3 Consists of all member bonks having capital and surplus of under $300,000. Banks in this group elect one Class A Director. LOUISIANA Location Arcadia Delhi Oak Grove Rayville Ruston Name of Bank or Trust Company First National Bank in Arcadia........................... ............................. The First National Bank of Delhi...................................................... West Carroll National Bank of Oak Grove..................................... First National Bank of Rayville ......................................................... The First National Bank of Ruston ....................... ............................ Officers Authorized to Cast Vote President T. F. Hardy, President President President NEW MEXICO Location Anthony Bayard Hatch Logan Lordsburg Melrose Portales Santa Rosa Name of Bank or Trust Company The First Notional Bank of Anthony................................................. The Grant County State Bank........ The First National Bank of Hatch . McFarland Brothers Bank .................................................................. The First National Bank of Lordsburg.............................................. The First National Bank of Melrose.................................................. The Portales National Bank................................................................. The First National Bank of Santa Rosa........................................... Officers Authorized to Cast Vote Chairman, President, Vice President, Cashier Active Vice President, Cashier President, Vice President Sim McFarland, President; Robert B. McFarland, Cashier Executive Vice President Executive Vice President President, Cashier Cashier OKLAHOMA Location Antlers Atoka Boswell Broken Bow Coalgate Colbert Hugo Hugo Idabel Idabel Madill Madill Name of Bank or Trust Company First National Bank at A ntlers............................................................ The Atoka State Bank........................................................................... Boswell State Bank............................................................................... Citizens State Bank................................................................................ First National Bank in C oalgate........................................................ The First National Bank of Colbert.................................................... The Citizens State Bank........................................................................ Security First National Bank of H ugo............................................... First State Bank of Idabel................................................................... The Idabel National Bank.................................................................. The First National Bank in M adill...................................................... The Madill National Bank................................................................... Officers Authorized to Cast Vote Vice President and Cashier President President, Vice President, Cashier President Carolyn E. Watson, President President Chairman, President, Vice President Cashier Chairman, President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier TEXAS Officers Authorized to Cast Vote Name of Bank or Trust Company Location Gulf Coast National Bank of Almeda.............................................. Continental State Bank.......................................................................... Alvord National Bank....................................................................... The First National Bank of Amherst ................................................ Almeda Alto Alvord Amherst Anderson Anno Anson Aspermont Atlanta Atlanta Avinger Baird Ballinger Bandera Bandera Bangs Bartlett Bastrop Beeville Bells Bellville Belton Blanco Bogota Bonham Booker Bovina Brackettville Brady Brody Bremond Brenhom Bridgeport Bronte Byers Bynum Caddo Mills Caldwell Canton Carthage Celeste The First State Bank............................................................................ The First National Bank of Baird....................................................... The First National Bank of Ballinger.................................................. The First National Bank of Bandera.................................................. First State Bank ..................................................................................... First State Bank....................................................................................... The First National Bank of Bartlett.................................................. The First National Bank of Bastrop.................................................. State Bank & Trust Company............................................................... The First National Bank of Bells..................................................... The First National Bank of Bellville................................................. The First National Bank in Belton.................................................... The Blanco National Bank.................................................................. First National Bank in Bogata............................................................. The First National Bank of Bonham.................................................. The First State Bank.............................................................................. First National Bank of Bovina............................................................ The First State Bank.............................................................................. The Brady National Bank...................................................................... The Commercial National Bank of Brady.......................................... The First State Bank of Bremond...................................................... The Farmers National Bank in Brenham.......................................... The First National Bank of Bridgeport.............................................. First National Bank in Bronte............................................................ The First National Bank of Byers...................................................... The First National Bank of Bynum .................................................. The State National Bank of Caddo Mills......................................... Caldwell National Bank....................................................................... The First National Bank of Canton.................................................... The First National Bank of Carthage................................................ The First National Bank of Celeste.................................................... Chiillcothe Cisco Clarendon Clarksville Claude Cleveland Cleveland Clifton Comanche Comanche Commerce Cooper Cooper Cotulla Crosbyton Crowell Cuero Cushing Dalngerfield The First National Bank of Chillicothe.............................................. First National Bank in Cisco.............................................................. The Farmers State Bank of Clarendon.............................................. First National Bank in Clarksville....................................................... The First National Bank of Claude.................................................... Farmers State Bank................................................................................ The First National Bank of Cleveland.............................................. Farmers State Bank of Clifton ........................................................... The Comanche National Bank............................................................ State National Bank in Comanche.................................................... The First National Bank of Commerce.............................................. The Delta National Bank of Cooper.................................................. The First National Bank in Cooper.................................................. Stockmens National Bank in Cotulla.................................................. Citizens National Bank of Crosbyton................................................ Crowell State Bank................................................................................ Farmers State Bank & Trust Company.............................................. The First National Bank of Cushing.................................................. The National Bank of Dalngerfield.................................................... The The The The President President President First National Bank of A nna...................................................... President, Cashier First National Bank of Anson....................................................... President, Vice President, Cashier First National Bank of Aspermont.............................................. President, Vice President, Cashier Atlanta National Bank.................................................................. Executive Vice President President Chairman, President, Vice President, Cashier Chairman, President, Vice President Cashier Vice President and Cashier Chairman, President, Vice President, Cashier Earl C. Erhard, President Vice President and Cashier President Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Vice President President, Vice President, President Cashier Vice President Chairman, President, Vice Chairman, President, Vice Cashier Cashier President President Chairman, President, Vice Cashier President, Vice President, Chairman, President, Vice Chairman, President, Vice Chairman, President, Vice Cashier President, Cashier President, Cashier President, Cashier Cashier President, Cashier President, Cashier President, Cashier President Chairman, President, Vice President President President Chairman, President, Vice President, Chairman, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President, President Vice President and Cashier Cashier Quentin Miller, President Vice President Chairman, President, Vice President President, Vice President Chairman, President, Vice President, Chairman, President, Vice President, Vice President President Cashier Cashier Cashier Cashier Cashier TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company Darrouzetf Dawson DeKalb De Leon Deport Dodson Eagle Lake East Bernard Eastland Eden Edgewood Eldorado Emory Evant Fabens Falls City Farmersville Fayetteville Ferris Floresville The First National Bank of Darrouzett.................................. The First National Bank of Dawson...................................... State Bank of DeKalb .............................................................. The Farmers and Merchants National Bank of De Leon. The First National Bank of Deport........................................ The First State 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 First National Bank of Emory........................................... The First Notional Bank of Evant........................................... The First National Bank of Fabens......................................... The Falls City Notional Bank.................................................. 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.................................. Follett Forney Forney Fort Stockton Franklin Gatesville Gatesville Georgetown George West Giddings Gilmer Glen Rose Gonzales Gordon Gorman Graford Granbury Grand Saline Grandview Granger Granger Groom Groveton Gruver Hallettsville Hamilton Hamilton Hamlin Haskell Hawkins Hebbronville Hempstead Henrietta Hico Higgins Hillsboro Holland Honey Grove Houston The Follett National Bank................................................. The Farmers National Bank of Forney............................. Forney State Bank.............................................................. First National Bank of Fort Stockton .............................. The First National Bank of Franklin................................. 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............................ Gonzales National Bank....... ............................................. The First National Bank of Gordon................................ The First National Bank of Gorman................................. First National Bank, Graford ......................................... 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............................................... The State National Bank of Groom................................ First National Bank in Groveton.................................... Gruver State Bank ..... . .................................................... 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 ..................................................... The First State Bank ........................................................ The First National Bank of Hebbronville...................... Citizens State Bank ............................................................ The First National Bank of Henrietta.............................. The First National Bank of Hico...................................... First National Bank in Higgins........................................... The Citizens National Bank of Hillsboro.......................... The First National Bank of Holland................................ First National Bank in Honey G rove............................... Northeast National Bank of Houston....... .................. President, Cashier Chairman, President, Vice President President Vice President, Cashier Cashier Vice President President Chairman, President, Vice President, Cashier President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Vice President, Cashier President, Vice President President Chairman, President, Vice President, Cashier Chairman, President, Vice President President, Vice President Chairman, President, Vice President, Honorary Vice President, Cashier Vice President, Cashier President, Cashier Vice President Chairman, President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President Vice President President, Vice President Robert M. Barton, President President Chairman, President, Vice President, Vice President and Cashier Chairman, President, Vice President, Executive Vice President Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, President Cashier Cashier Cashier Cashier Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President W. T. Johnson, Vice President Chairman, President, Vice President President President Vice President President Executive Vice President Chairman, President, Vice President, Cashier President President TEXAS — Continued Location Name of Bank or Trust Company Hughes Springs lola Iowa Park Itasca Jacksboro Jacksboro Jefferson junction junction Karnes City Katy Kaufman Kemp Kerens Kermit Kosse Kountze La Coste Ladonia La Feria La Grange Lakeview Lampasas Lancaster Leonard Linden Lipan Longview Loraine Lovelady Luling Madisonville Marfa The Firs) National Bonk of Hughes Springs..................... lola State Bank...................................................................... The State National Bank of Iowa Park ............................ The First National Bank of Itasca..................................... The First National Bank of Jacksboro .......................... The Jacksboro National Bank.......................................... The First National Bank of Jefferson............................... First State Bank................................................................... Junction National Bank....................................................... The Karnes County National Bank of Karnes City........ Katy National Bank .......................................................... The Farmers & Merchants National Bank of Kaufman The First National Bank of Kemp...................................... First National Bank of Kerens.............................................. First National Bank of Kermit.......................................... The First State Bank........................................................... Peoples State Bank of Kountze......................................... The La Coste National Bank............................................... Farmers & Merchants State Bank....................................... The First National Bank of La F eria................................. The First National Bank of La G ran g e............................. The First National Bank of Lakeview.............................. The Peoples National Bank of Lampasas........................ The First National Bank of Lancaster............................... The Leonard National Bank................................................. The First National Bank of Linden.................................... The First National Bank of Lipan...................................... East Texas Bank & Trust Company.................................... First 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 Marlin Mart Mart Mason Matador Mathis McLean Melvin Memphis Menard Mercedes Merkel Mertzon Mexia Midlothian Milford Mineola Mineral Wells Moody Moran Morton Mount Calm Mount Vernon Naples Marion State Bank................................................................. The First National Bank of M arlin.................................... First State 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 M atador......................................... First State Bank of M athis................................................... American National Bank in McLean.................................. The First National Bank of Melvin ................................. The First National Bank of Memphis................................ The Menard National Bank.................................................. The First National Bank of M ercedes....... ....... ......... . The Farmers and Merchants National Bank of Merkel. The First National Bank of Mertzon.................................. First National Bank of Mexia............................................. First National Bank in Midlothian................................... The First National Bank of Milford ................................ The First National Bank of Mineola..................................... The City National Bank of Mineral W ells...................... The First National Bank of M oody................................... The Moran National Bank ................................................. First State Bank...................................................................... The First National Bank in Mount Calm............................ The First National Bank of Mount Vernon................... The Morris County National Bank of Naples ............... Officers Authorized to Cast Vote Executive Vice President Chairman, President, Vice President, Executive Vice President Chairman, President, Vice President, Chairman, Vice President, Cashier President President President, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President, Chairman, President, Vice President, Cashier Chairman, President, Vice President, President, Vice President Chairman, President, Vice President, President, Cashier Cashier Vice President and Cashier Chairman, President, Vice President Chairman, President, Vice President, Vice President, Cashier Chairman, President, Vice President, Chairman, President, Vice President, President Cashier President Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier Cashier President, Cashier I. J. Young, Cashier Chairman, President, Vice President, Cashier Cashier Chairman, President, Vice President, Cashier, Assistant Cashier President President P. J. Windsor, Vice President President, Cashier E. K. Folley, President President, Vice President, Cashier President, Vice President Vice President President, Cashier Vice President President, Cashier President, Vice President Cashier H. G. George, Executive Vice President President President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier Cashier President President Vice President Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier TEX A S — C o n t i n u e d Location Officers Authorized to Cast Vote Name of Bank or Trust Company Navasota Newcastle Newton Nocona Nocona Nordheim Normangee The First National Bank of Navasota.............................................. Farmers National Bank of Newcastle............................................. The First National Bank of Newton................................................. The Farmers and Merchants National Bank of N ocona............... The Peoples National Bank of Nocona.............................................. The First National Bank of Nordheim.............................................. The First National Bank of N orm angee......................................... Executive Vice President President, Vice President Vice President President, Cashier President, Vice President, Cashier Cashier President, Vice President O ’Donnell Oglesby OIney Ozono Palestine Pilot Point Pittsburg Pittsburg Plano Port Lavaca Poth Premont Quanah Quitaque Ralls Rankin Rhome Richland Richmond Robert Lee Robstown Rocksprings Rockwall Roscoe Rosebud Rosebud Rosenberg Rotan Rowena Roxton Royse City Rule Saint Jo San Augustine Sanger San Marcos San Marcos San Saba San Saba Santa Anna Santo Schertz Schulenberg Schwertner Seagraves Seguin Seymour Seymour Shamrock Shiro Strawn Streetman Sudan The First National Bank of O’Donnell............................................ The First National Bank of Oglesby.................................................. The First National Bank of OIney .................................................... The Ozona National Bank ............................................................... The First National Bank of Palestine............................................... The Pilot Point National Bank........................................................... First State Bank .................................................................................... The Pittsburg National Bank ............................................................. The First National Bank of Plano....................................................... President President, Vice President, Cashier Vice President President, Vice President, Cashier President, Cashier President, Vice President President President The First National Bank of Poth...................................................... First State Bank.................................................................................... The Security National Bank of Quanah............................................ The First National Bank of Q uitaque................................................. Security State Bank & Trust Company............................................. The First State Bank of Rankin........................................................... The First National Bank in Rhome.................................................... Executive Vice President Vice President, Cashier President, Executive Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier Cashier The First National Bank of Richmond.............................................. President, Vice President, Cashier The Robstown National Bank.............................................................. 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.................................................. The First National Bank of San Augustine..................................... The First National Bank of Sanger.................................................. Chairman, President, Vice President 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.................................................... Schertz State Bank................................................................................ The First National Bank of Schulenberg.......................................... The First National Bank of Schwertner.............................................. The First National Bank in Seagraves.............................................. The Nolte National Bank of Seguin.................................................. The Farmers National Bank of Seymour.......................................... The First National Bank of Seymour.................................................. The First National Bank of Shamrock.............................................. Farmers State Bank of Shiro, Texas.................................................. First Strawn National Bank................................................................. The First National Bank of Streetm an............................................. The First National Bank of Sudan.................................................... President, Executive Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President, Cashier Cashier Chairman President Chairman, President, Vice President, Vice President, Chairman, President, Vice R. L. Springer, President Cashier President President, Vice President Cashier President, Cashier Chairman, President, Vice Cashier President, Cashier Cashier President, Cashier President, Cashier President President Chairman Vice President Chairman, President, Vice Chairman, President, Vice W. S. Davis, Jr., President President, Vice President, President, Vice President, Chairman, President, Vice President, Cashier President, Cashier Cashier Cashier President, Cashier TEXAS — Continued Location Name of Bank or Trust Company Officers Authorized to Cost Vote Taft Taft Teague Thorndale Throckmorton Tom Bean Trent Trenton Trinity Troup Valley Mills Valley View Van Alstyne Van Horn The First National Bank of Taft......................................................... The First State Bank of T aft...................................................... ....... First National Bank of Teague........................................................... Thorndale State Bank............................................................................ The First National Bank of Throckmorton........................................ The First National Bank of Tom Bean.............................................. 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........................................ President, Vice President President, Vice President, Cashier President Chairman, President, Vice President, Cashier President, Vice President, Cashier President President, Cashier Henry Donaghey, Cashier President, Vice President President Chairman, President, Vice President, Cashier West West The State National Bank in West...................................................... The West National Bank..................................................................... President President, Vice President White Deer Whitesboro Whitewright Whitney Wills Point Windom Winnsboro Winters Wolfe City Woodsboro Wortham Yoakum Yorktown 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................................................ 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 President Executive Vice President D ire c to rs o f th e F e d e r a l R e s e rv e B ank o f D a lla s Elected by banks in Group Class Term expires Dec. 31 Name Occupation Roy Riddel................................ President, First National Bank at Lubbock, Lubbock, Texas 1 A 1963 John M. G riffith ..................... President, The City National Bank of Taylor, Taylor, Texas 2 A 1962 J. Edd McLaughlin..................... President, Security State Bank & Trust Company, Ralls, Texas 3 A 1961 H. B. Z a c h ry .......................... President, H. B. Zachry Company, San Antonio, Texas 1 B 1961 D, A. Hulcy................................ Chairman of the Board, Lone Star Gas Company, Dallas, Texas 2 B 1963 J. B. Perry, Jr............................. President and General Manager, Perry Brothers, Inc., Lufkin, Texas 3 B 1962 Robert O. Anderson . . . . Chairman President, Hondo Oil & Gas Company, Roswell, New Mexico C 1962 Lamar Fleming, Jr..................... Deputy Chairman Member, Board of Directors, Anderson, Clayton and Company, Inc., Houston, Texas C 1961 Morgan J. D a v is ..................... Chairman of the Board, Humble Oil & Refining Company, Houston, Texas C 1963 Appointed by the Board of Governors of the Federal Reserve Systerh 11 If