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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