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F e d e r a l r eser v e Bank OF DALLAS Dallas, Texas, September 22, 1964 ELECTION OF DIRECTORS To the M e m b e r Banks of the Eleventh Federal Reserve District: An election will be held under the provisions of Section 4 of the Federal Reserve Act to choose successors to the following directors of this Bank, whose terms expire December 31, 1964: 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 a n d his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. McLaughlin will have served six full terms of three years each. Group 3 consists of banks having capital and surplus of under $ 4 0 0 ,0 0 0 . Mr. Zachry, the Class B Director, was elected by banks in Group 1 an d his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. Zachry will have served two full terms of three years each. Group 1 consists of banks having capital and surplus of $ 2 , 0 0 0 ,0 0 0 a n d 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 d a t e of this letter, even though its capital and surplus may subsequently ch a n g e prior to the d a te of the election. Each bank in Group 1 is permitted to nominate one ca n d id a te for Class B Director a n d each bank in Group 3 is permitted to nominate one ca n d id a te for Class A Director. The nominations must b e m a d e by resolution of the Board of Directors and certified to me on or b efore O ctober 22, 1964. A form for this purpose is enclosed. On O ctob er 28, 1964, a list of the ca ndid a tes (indicating by whom nominated) a n d a preferential ballot will be mailed to each bank in the voting groups. The ballot must be cast within 15 days after receipt. The polls will open at 9 a.m. on November 2, 1964, and close a t 2 p.m. on N ovember 17, 1964. At that time the ballot box will be o p e n e d a t this Bank, the votes counted, an d the results of the election announced. The ca ndid a tes a re invited to be present or represented on that occasion. In order to be counted, the ballot must b e executed by an officer authorized to cast the vote. Officers so authorized are listed on the following p age s. Inasmuch as the authority conferred on these officers continues until revoked, they need not b e redesign ated. Each member bank which has not design ated an officer, or officers, for the purpose of signing the ballot, or any bank that desires to c ha nge its designation, should do so by resolution of its Board of Directors an d certify the designation to me before the polls close. A form for this purpose will be furnished upon request. 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. W h ile the banks in Group 2 w ill not vote in this election, this circular is sent to them without forms for their inform ation. Group 2 consists of member banks with combined capital a n d surplus of $ 4 0 0 , 0 0 0 a n d over, but under $ 2 , 0 0 0 ,0 0 0 . 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) Information Concerning Eligibility for Class B Directorship of a Federal Reserve Bank 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 b e actively e n g a g e d 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 b a n k .” “ 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 a d o p t e d 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 an d underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks.” Under interpretations of the Board of Governors of the Federal Reserve System, a person whose sole occupation is that of officer of an insurance com pany or of a savings a n d loan association is not eligible for election as a Class B director of a Federal Reserve Bank. GROUP 1 Consists o f all m em b er ban ks h av in g ca p ita l a n d surplus o f $ 2 , 0 0 0 , 0 0 0 a n d over. Banks in this group elect one Class B Director. A R IZ O N A Location Officers A u th o rized to Cast V o te N a m e o f Bank or Trust Com pany S outh ern A r i z o n a Bank & Trust C o m p a n y ..................................................... Tucson President LOUISIANA Location Officers A uthorized to Cast V o te N a m e o f Bank or Trust Com pany P residen t, V ice P resident, C a sh ier M onroe C e n tral Savin gs Bank a n d Trust C o m p a n y ..................................................... M onroe The O u a c h it a N a t i o n a l Bank in M o n r o e ......................................................... President, V ice President, Ca shier S h re vep o rt Co m m ercial N a t i o n a l Bank in S h re v e p o r t...................................................... C h a ir m a n , President, V ice President, C a s h ie r S h re vep o rt The First N a t i o n a l Bank o f S h re v e p o r t............................................................. P residen t, V ic e President, C a shier NEW M EXIC O The First N a ti o n a l Bank o f Roswell................................................................... Roswell Officers A u th o riz e d to Cast V o te N a m e o f Bank or Trust C o m p a n y Location President, V ice President, C a shier TEXAS Location Officers A uthorized to Cast V o te N a m e of Bank or Trust Com pany A b il e n e The C itizen s N a t i o n a l Bank in A b i l e n e ........................................................... President, Vice P residen t, C a shier A b il e n e First N a t i o n a l Bank o f A b i l e n e ............................................................................ C h a ir m a n , President, Vice President, C a sh ier C h a ir m a n , President, Vice President, C a sh ier A m a r illo A m a r illo N a t i o n a l B a n k............................................................................................ A m a r illo The A m e r ic a n N a t i o n a l Bank o f A m a r i ll o ...................................................... President, Executive V ic e President A m a r illo The First N a t i o n a l Bank o f A m a r i ll o .................................................................. President, Ca shier C h a ir m a n , President, V ice President Au stin The A m e r ic a n N a t i o n a l Bank o f A u s tin ........................................................... Austin The Austin N a t i o n a l B a n k ...................................................................................... President, V ice President Au stin The C a p it a l N a t i o n a l Bank in A u s tin ............................................................... C h a ir m a n , V ice P resident, C a sh ier Beaum ont The A m e ric a n N a t i o n a l Bank o f B e aum ont.................................................... C h a ir m a n , President, V ice President, C a sh ier Beaum ont First Security N a t i o n a l Bank o f B e a u m o n t ..................................................... C h a ir m a n , President, S e n io r V ice President, Brownsville First Brow nsville .............................................................. President Corpus Christi Corpus Christi Bank a n d Trust C o m p a n y ......................................................... President V ice President, C a sh ier N a ti o n a l Bank at 3 GROUP 1 — Continued TEXAS — Continued Location Officers A uthorized to Cast V o te N a m e of Bank or Trust Com pany C h a ir m a n , President, V ice P resident, Ca shier Corpus Christi Co rpus Christi S tate N a t i o n a l B a n k................................................................... Dallas First N a t i o n a l Bank in D a ll a s ............................................................................... C h a ir m a n , P resident, V ic e P resident, Ca shier Dallas M e r c a n tile N a t i o n a l Bank a t D a lla s .................................................................. C h a ir m a n , C h a ir m a n o f Executive C o m m itte e , D allas The N a t i o n a l Bank o f C o m m erce o f D a lla s ................................................... President, C a shier D allas Republic N a t i o n a l Bank o f D a ll a s ...................................................................... C h a ir m a n , President, V ice President, C a shier D allas Texas Bank & Trust C o m p a n y o f D a lla s .......................................................... W . W . O v e r to n , Jr., C h a ir m a n C h a ir m a n , President, V ice President President, V ice P resident, C a sh ier El Paso El Paso N a t i o n a l B a n k .............................................................................................. El Paso South west N a t i o n a l Bank o f El Paso................................................................. Presiden t El Paso The S tate N a t i o n a l Bank o f El Paso.................................................................. President Fort W o r th C o n tin e n ta l N a t i o n a l Bank o f Fort W o r t h ...................................................... C h a ir m a n , President, Executive V ice President, C a s h ie r Fort W o r th The First N a t i o n a l Bank o f Fort W o r t h ......................................................... C h a ir m a n , President, V ice President, C a shier Fort W o r th The Fort W o r th N a t i o n a l B a n k............................................................................. President, Vice President, C a sh ier G alve sto n First H u tch in g s-S ealy N a t i o n a l Bank o f G a lv e s to n ................................... C h a ir m a n , President, V ic e President, C a shier G alve sto n The M o o d y N a t i o n a l Bank o f G a lv e s to n ......................................................... Vice President G alve sto n The U n ite d States N a t i o n a l Bank o f G a lv e s to n .......................................... C h a ir m a n , President, V ic e President, C a shier Houston Bank o f th e South west N a t i o n a l As sociation, H o uston............................ C h a ir m a n , President, V ice President Houston C itizen s State B a n k..................................................................................................... Presiden t Houston East End State B a n k................................................................................................... President, V ice Presiden t Houston First C ity N a t i o n a l Bank o f Ho u sto n .................................................................. C h a ir m a n , President, V ic e President, C a shier Houston Ho uston Bank & Trust C o m p a n y .......................................................................... President, V ice Presiden t Houston Houston N a t i o n a l B a n k ............................................................................................. C h a ir m a n , President, V ice President, C a shier Houston South ern N a t i o n a l Bank o f H o u sto n ................................................................. President, V ice Presiden t Houston Tennessee Bank a n d Trust C o m p a n y .............................................................. C h a ir m a n , President, Vice President, C o m p tro lle r Houston Texas N a t i o n a l Bank o f Co m m erce o f H o u s to n .......................................... C h a ir m a n , P resident, V ic e P resident, Ca shier Longview Lon gview N a t i o n a l B a n k .......................................................................................... V ice President, Ca shier Lubbock The C itizen s N a t i o n a l Bank o f Lub bock.......................................................... President Lubbock First N a t i o n a l Bank a t Lub bock......................................................................... President, V ice President, C a shier Lubbock The Lubbock N a t i o n a l B a n k.................................................................................. Presiden t M id l a n d The First N a t i o n a l Bank o f M i d l a n d .................................................................. President M id l a n d The M i d l a n d N a t i o n a l B a n k.................................................................................. President Port A r th u r The First N a t i o n a l Bank o f Port A r t h u r ............................................................. President, V ice President, C a shier Port A rth u r The M erch an ts N a t i o n a l Bank o f Port A r t h u r ................................................ C h a ir m a n , P resident, V ice P resident, C a shier San A n g e lo San A n g e l o N a t i o n a l Bank o f San A n g e l o .................................................... President, C a sh ier San A n to n io The A l a m o N a t i o n a l Bank o f San A n t o n io ..................................................... President San A n to n io Bexar Co unty N a t i o n a l Bank o f San A n t o n io ............................................... President, V ice P resident, C a s h ie r San A n to n io The Frost N a t i o n a l Bank o f San A n t o n io ......................................................... President, V ice President, C a s h ie r San A n to n io The G ro os N a t i o n a l Bank o f San A n t o n io ..................................................... C h a ir m a n , President, V ice President, C a shier San A n to n io N a t i o n a l Bank o f C o m m erce o f San A n t o n io ............................................... President, V ice President San A n to n io The N a t i o n a l Bank o f Fort Sam Houston a t San A n t o n io ...................... C h a ir m a n , President, V ice President, C a shier C a shier T e x a rk a n a The T e x a r k a n a N a ti o n a l B a n k .............................................................................. T yler C itizen s First N a t i o n a l Bank o f T y le r ............................................................... President, V ice P resident, C a shier Ty ler The Pe oples N a t i o n a l Bank o f T y le r .................................................................. President, Vice President Ty ler Tyler Bank a n d Trust C o m p a n y ............................................................................. President, V ice President, C a s h ie r V ic to ria First V ic to r ia N a t i o n a l B a n k .................................................................................. C h a ir m a n , President, V ice President, C a shier V ic to ria V ic to ria Bank a n d Trust C o m p a n y ...................................................................... President W aco The C itizen s N a t i o n a l Bank o f W a c o ............................................................... W a l t e r G . Lacy, Jr., President President W aco The First N a t i o n a l Bank o f W a c o ........................................................................ W ic h it a Falls C ity N a t i o n a l Bank in W ic h it a F alls.................................................................. President, V ice President W ic h it a Falls The F irst-W ic h ita N a t i o n a l Bank o f W ic h it a Falls..................................... C h a ir m a n , President, V ice President 4 Information Concerning Eligibility for Class A Directorship of a Federal Reserve Bank 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 a re members of the sam e 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 a g g r e g a t e 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 a d o p te d 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, country, district, political subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit a n d underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks.” GROUP 3 Consists o f all m e m b e r banks h av in g c a p ita l a n d surplus o f u n d e r $ 4 0 0 ,0 0 0 . Banks in this group elect one Class A Director. LOUISIANA Location N a m e of Bank or Trust Com pany Officers A uthorized to Cast V o te A r c a d ia First N a t i o n a l Bank in A r c a d i a ............................................................................ President Delh i The First N a t i o n a l Bank o f D e lh i......................................................................... T. F. H a rd y , Presiden t O a k G ro v e W e s t C arroll N a t i o n a l Bank o f O a k G r o v e .................................................. President Rayville First N a ti o n a l Bank o f R a y v ille ........................................................................... President Ruston The First N a t i o n a l Bank o f Ruston..................................................................... Tallu lah South ern N a t i o n a l Bank a t T a llu la h .................................................................. P resident, Executive Vice President a n d C a shier, V ice President N EW M E X IC O Location N a m e of Bank or Trust Com pany Officers A uthorized to Cast V o te A rtesia Peoples State Ba nk...................................................................................................... President, Executive V ice President, V ice President Bayard The G r a n t Co unty State Bank................................................................................ Active V ice P resident, C a shier D e m ing D e m in g N a ti o n a l B a n k ............................................................................................. President, C a shier D e m in g M im b r e s V a ll e y B a n k ................................................................................................ C h a ir m a n , President, V ice President, C ashier Hatch The First N a t i o n a l Bank o f H a tc h ....................................................................... President, V ice President Logan M c F a r la n d Brothers B a n k......................................................................................... Sim M c F a r la n d , President, Robert B. M c F a r la n d , C a shier President Lordsburg The First N a t i o n a l Bank o f Lordsburg.............................................................. Portales The Portales N a t i o n a l B a n k................................................................................... President, C a s h ie r S a nta Rosa The First N a ti o n a l Bank o f S a n ta Rosa............................................................ C a sh ier OKLAHOMA Location N a m e of Bank or Trust Com pany Officers A uthorized to Cast V o te Antlers First N a t i o n a l Bank a t A n tle r s .............................................................................. Vice President a n d C a shier Atoka The A t o k a State B a n k............................................................................................... President Boswell Boswell State B a n k ...................................................................................................... President, V ice President, C ashier Broken Bow First N a t i o n a l Bank, Broken B ow......................................................................... President C o a lg a te First N a t i o n a l Bank in C o a l g a t e .......................................................................... C a ro ly n E. W a t s o n , President C o lb e rt The First N a t i o n a l Bank o f C o lb e rt.................................................................... President Atoka Caddo 5 GROUP 3 — Continued O K L A H O M A — Continued Location Officers A uthorized to Cast V o te N a m e of Bank or Trust Com pany Hugo The C itizen s State B a n k ........................................................................................... C h a ir m a n , President, V ice President H u go Security First N a ti o n a l Bank o f H u g o ............................................................. C a s h ie r Id a b e l The I d a b e l N a ti o n a l B a n k ...................................................................................... C h a ir m a n , President, V ice President, Ca shier M a d i ll The First N a t i o n a l Bank in M a d i l l ..................................................................... C h a ir m a n , President, V ice President, C ashier M a d i ll The M a d i ll N a t i o n a l Ba nk...................................................................................... President, V ic e President, C a shier TEXAS lo c a tio n Officers Authorized to Cast V o te N a m e of Bank or Trust Com pany A lvin First N a t i o n a l Bank o f A l v i n .................................................................................. President, Executive Vice Presiden t A m h e rs t The First N a t i o n a l Bank o f A m h e rs t.................................................................. President A A Anna The First N a t i o n a l Bank o f A n n a ......................................................................... President, C a shier An son The First N a t i o n a l Bank o f A n s o n ...................................................................... President, V ice President, C ashier A s p erm o n t The First N a ti o n a l Bank o f A s p e r m o n t............................................................. President, V ice President, C ashier A t la n t a The A t la n t a N a t i o n a l B a n k ..................................................................................... Executive V ice President A ll A v in g e r The First State B a n k................................................................................................... President Baird The First N a t i o n a l Bank o f B a ir d ......................................................................... C h a ir m a n , President, Vice President, C a shier B a llin g e r The First N a ti o n a l Bank o f B a llin g e r................................................................. C h a ir m a n , President, V ice President B a n d era First State B a n k ............................................................................................................. C a shier Bangs First State B a n k ............................................................................................................ Bartlett The First N a t i o n a l Bank o f B artlett..................................................................... Bastrop The First N a t i o n a l Bank o f Bastrop.................................................................... Earl C. Erha rd , President B e eville State Bank & Trust C o m p a n y ................................................................................. Vice President a n d Ca shier Presiden t D J C h a ir m a n , President, V ice President, Ca shier Bells The First N a t i o n a l Bank o f B e ll s ......................................................................... Bellville The First N a t i o n a l Bank o f B e l l v i l l e ................................................................. President, V ice President, C a sh ier Belton The First N a t i o n a l Bank in B elton...................................................................... C h a ir m a n , President, V ice President, C a shier Belton The Peoples N a ti o n a l Bank o f B elton.............................................................. President, V ice President, C ashier Blanco The Blanco N a t i o n a l B a n k ...................................................................................... President, V ice President, C a shier Bogota First N a t i o n a l Bank in B o g a t a .............................................................................. President Bonham The First N a t i o n a l Bank o f Bo nham .................................................................. President, Vice President Bovina First N a t i o n a l Bank o f B o vin a.............................................................................. Presiden t B rackettville The First State B a n k......................... .......................................................................... Ca shier B ra d y The Brady N a ti o n a l B a n k ....................................................................................... Vice Presiden t B rad y The C o m m ercial N a t i o n a l Bank o f B r a d y ....................................................... C h a ir m a n , President, V ice President, C ashier Brec ken rid g e Citiz ens N a tio n l Bank o f B r e c k e n r id g e ............................................................ President, V ice President, C a sh ier B renham The Farmers N a t i o n a l Bank in B r e n h a m .......................................................... Ca shier B r id g e p o r t The First N a t i o n a l Bank o f B r id g e p o r t ............................................................. Ca shier Bronte First N a t i o n a l Bank in Bronte ............................................................................... President Byers The First N a t i o n a l Bank o f B y e r s ....................................................................... Presiden t Bynum The First N a t i o n a l Bank o f B y n u m ................................................................... C h a ir m a n , President, V ice President, C ashier C a d d o M ills The State N a ti o n a l Bank o f C a d d o M il ls ....................................................... C a shier C a ld w e ll C a ld w e ll N a ti o n a l Ba nk ........................................................................................... President, V ice President, Ca shier C a n to n The First N a t i o n a l Bank o f C a n to n ..................................................................... C h a ir m a n , President, Vice President, C a shier C a rt h a g e The First N a ti o n a l Bank o f C a r t h a g e ............................................................... C h a ir m a n , President, V ice President, C a shier Cele ste The First N a t i o n a l Bank o f C e le s te .................................................................... C h a ir m a n , President, V ice President, C ashier C h illicothe The First N a t i o n a l Bank o f C h illic o th e............................................................. President Cisco First N a t i o n a l Bank in C i s c o ................................................................................. C h a ir m a n , President, V ice President C la r e n d o n The Farmers State Bank o f C la re n d o n ............................................................ President Clarksville First N a t i o n a l Bank in C la r k s v ille ....................................................................... Presiden t Clarksville Red River N a t i o n a l Bank in C la r k s v ille ........................................................... C ashier C la u d e The First N a t i o n a l Bank o f C l a u d e ................................................................... C h a ir m a n , President, V ice P resident, Ca shier C le v e la n d The First N a t i o n a l Bank o f C l e v e l a n d ............................................................. C h a ir m a n , President, V ice President, C a s h ie r C lifton Farmers State Bank of C lift o n .............................................................................. C h a ir m a n , President, V ice President, C a sh ier President, V ice Presiden t C o lle g e S tatio n Un ive rsity N a t i o n a l Bank o f C o lle g e S ta tio n ............................................... C o m a n ch e The C o m a n ch e N a t i o n a l B a n k ............................................................................. President Comanche State N a t i o n a l Bank in C o m a n c h e ..................................................................... Vice President a n d C a shier 6 GROUP 3 — Continued TEXAS — Continued Officers A uthorized to Cast V o te N a m e of Bank or Trust Com pany C o m m erce The First N a ti o n a l Bank o f C o m m e r c e ................................. C a s h ie r Cooper The Delta N a ti o n a l Bank o f C o o p e r ...................................... Q u e n t in M il le r , President Cooper The First N a ti o n a l Bank in C o o p e r ........................................ V ice President Co rpus Christi Stone w all N a t i o n a l Bank o f Co rp us C h r i s t i ...................... President, Ex ecutive V ice Presiden t Corsic ana Co rs icana N a t i o n a l B a n k .............................................................. C otu lla Stockmen's N a t i o n a l Bank in C o t u l l a ................................... Crosbyton Citiz en s N a t i o n a l Bank o f C ro s b yto n.................................... C h a ir m a n , President, V ice Presiden t President, V ice President C row ell Crow ell State B a n k ......................................................................... C h a ir m a n , President, V ice President, C a shier C h a ir m a n , President, V ice President, C a s h ie r Cuero Buchel N a ti o n a l Bank in C u e r o ................................................ C ushing The First N a ti o n a l Bank o f C u s h i n g ...................................... D a in g e r fie ld The N a ti o n a l Bank o f D a in g e r fi e ld ......................................... D allas C o m m u n ity N a ti o n a l Bank o f O a k C l i ff .............................. D a rro u z e tt The First N a ti o n a l Bank o f D a r r o u z e t t .................................. President, C a shier Dawso n The First N a t i o n a l Bank o f D a w s o n ......................................... C h a ir m a n , President, V ice President Decatur The First N a ti o n a l Bank in D e c a tu r ......................................... C h a ir m a n , President, V ice President, C ashier D e e r Park D e e r Park N a ti o n a l B a n k ............................................................. D e K alb State Bank o f D e K a l b ................................................................... Dento n First N a t i o n a l Bank o f D e n t o n ................................................. President D e p o rt The First N a t i o n a l Bank o f D e p o r t ......................................... C a shier Dodson The First State B a n k ....................................................................... V ice President D u blin The D u blin N a ti o n a l B a n k........................................................... President East Bernard Unio n State B a n k ............................................................................. C h a ir m a n , President, V ice President, Ca shier President President Eastland Eastland N a ti o n a l B a n k .............................................................. President, C a shier Eden Eden State B a n k ............................................................................... C h a ir m a n , President, V ice President, C a s h ie r Edgewood The First N a ti o n a l Bank of E d g e w o o d ................................. C h a ir m a n , P resident, V ice President, C a shier Edna First N a t i o n a l Bank o f E d n a ..................................................... Vice President a n d C a sh ier Elgin The Elgin N a t i o n a l B a n k .............................................................. V ice President Emory The First N a t i o n a l Bank o f E m o r y .......................................... V ice President, C a shier Ennis C itiz en s N a t i o n a l Bank in E n n is ............................................. C h a ir m a n , President, V ice President, C a shier Evant The First N a ti o n a l Bank o f Evant............................................ President, V ice President Fabens The First N a t i o n a l Bank o f Fab ens......................................... President Falls City The Falls City N a t i o n a l B a n k .................................................... C h a ir m a n , President, V ice President, C a sh ier Farm ersville First N a ti o n a l Bank a t F a r m e r s v i ll e ...................................... C h a ir m a n , President, Vice President, Ca shier Fay etteville The Farmers N a t i o n a l Bank o f F a y e t t e v i l l e ...................... C h a ir m a n , President, V ice President Ferris Farmers a n d M erchants State Bank o f Ferris, Texas ... President, V ice President Floresville First C ity N a ti o n a l Bank o f Floresville................................. C h a ir m a n , P resident, V ice President, H o n o r a r y Flour Bluff First N a ti o n a l Bank o f Flour Bluff........................................... Follett The Follett N a ti o n a l B a n k .......................................................... V ice President, C ashier Forney The Farmers N a t i o n a l Bank o f F o r n e y ................................ V ice President Forney Forney State B a n k .......................................................................... V ice President Fort Stockton First N a tio n a l Bank o f Fort Stockton ..................................... C h a ir m a n , President, Ca shier Fort W o r th Everm an N a ti o n a l Bank o f Fort W o r t h .............................. President Franklin The First N a ti o n a l Bank o f F ra n k lin ...................................... P resident, V ice President, C a shier G a te s v ille The N a t i o n a l Bank o f G a te s v il l e ............................................. C h a ir m a n , President, Vice President, C a shier G eorgetow n The First N a ti o n a l Bank o f G e o r g e t o w n ............................. C h a ir m a n , President, V ice President, C a shier G eorge W est First N a ti o n a l Bank in G e o r g e W e s t .................................... C a sh ier G id d in g s The First N a t i o n a l Bank o f G i d d in g s .................................... President G ilm e r The Farmers a n d M erchants N a t i o n a l Bank o f G il m e r V ice President G lim e r The First N a tio n a l Bank of G il m e r ......................................... C h a ir m a n , President, G le n Rose The First N a ti o n a l Bank in G le n R o s e ................................. President, V ice President G o li a d The First N a ti o n a l Bank o f G o l i a d ....................................... V ice President, C ashier G o n z a le s G o n z a le s N a ti o n a l B a n k ............................................................. P resident, V ice President G ordon The First N a ti o n a l Bank of G o r d o n ...................................... Robert M . Ba rton, President G o rm a n The First N a t i o n a l Bank o f G o r m a n .................................... Presiden t G r a fo r d First N a t i o n a l Bank, G r a f o r d .................................................. President G ra n b u ry The First N a ti o n a l Bank o f G r a n b u r y .................................. Vice President a n d C a shier G r a n d S a lin e First N a tio n a l Bank o f G r a n d S a li n e .................................... C h a ir m a n , President, V ice President, C a shier G ra nger The First State B a n k ..................................................................... C h a ir m a n , P resident, V ice President, C a sh ier G ra n g e r The G r a n g e r N a t i o n a l Ba nk...................................................... C h a ir m a n , President, V ic e President, Ca shier G ro o m The State N a t i o n a l Bank of G ro o m ..................................... C h a ir m a n , President, V ice President, Ca shier G ro veton First N a ti o n a l Bank in G ro v e to n .......................................... President V ice President, C a shier 7 V ice President, Ca shier GROUP 3 — Continued TEXAS — Continued Location N a m e of Bank or Trust Com pany Officers A uthorized to Cast V o te H a llettsville First N a ti o n a l Bank o f H a lle tts v ille ...................................... C h a ir m a n , President, V ice President. Cashi H a m ilto n The H a m ilto n N a ti o n a l B a n k.................................................... President, V ice President, C a s h ie r H a m ilto n The Perry N a t i o n a l Bank o f H a m i l to n ................................. President H a m lin The Farmers & M erchants N a t i o n a l Bank o f H a m lin ... W . T. Johnson, V ice President Haskell Haskell N a t i o n a l B a n k ................................................................. C h a ir m a n , President, V ice President H a w kin s The First State Ba nk ...................................................................... President H e b b r o n v ille The First N a t i o n a l Bank o f H e b b r o n v i l l e ..................... President H e n r ie tta The First N a t i o n a l Bank o f H e n r ie t t a ................................... President Hico The First N a t i o n a l Bank o f H ic o ............................................. H ig g in s First N a t i o n a l Bank in H i g g i n s ............................................... H o lla n d The First N a t i o n a l Bank o f H o ll a n d ...................................... C h a ir m a n , President, V ice President H o n e y G ro v e First N a t i o n a l Bank in H o n e y G r o v e .................................... Presiden t Houston G u lf Co ast N a t i o n a l B a n k.......................................................... President Houston N o rth e a s t N a t i o n a l Bank o f H o uston .................................. President H u ghes Springs The First N a t i o n a l Bank o f H u ghes S p rin g s ..................... Ex ecutive Vice President In g le s id e First N a ti o n a l Bank o f In g le s id e ............................................ lola lo la State B a n k................................................................................. W . A . Boney, President Io w a Park The State N a t i o n a l Bank o f Io w a P a rk ................................ C h a ir m a n , President, V ice President, C ashier Itasca The First N a t i o n a l Bank o f Itas ca.......................................... Executive V ice Presiden t Jacksboro The First N a t i o n a l Bank o f Jack sboro................................. C h a ir m a n , President, V ice President, Ca shier Jacksboro The Jacksboro N a t i o n a l B a nk.................................................. C h a ir m a n , V ic e President, C a shier Jefferson The First N a t i o n a l Bank o f Jefferson.................................... President Junction First S tate B a n k ............................................................................... President Junction Junction N a t i o n a l B a n k............................................................... President, V ice President, C a sh ier Ka rn es City The Karnes Co unty N a t i o n a l Bank o f Karnes C i t y ........ C h a ir m a n , President, V ice President, C ashier Katy Katy N a t i o n a l B a n k ........................................................................ C h a ir m a n , President, V ice President, C a shier K a ufm an The Farmers & M erchants N a t i o n a l Bank o f K a u fm a n C h a ir m a n , P resident, V ice President, C a shier Kemp The First N a t i o n a l Bank o f K e m p .......................................... President Kerens First N a t i o n a l Bank o f Kerens.................................................. C h a ir m a n , P resident, V ice President, C a shier Kerm it First N a t i o n a l Bank o f K e rm it.................................................. President, Vice President Kingsla n d H ig h la n d Lakes N a t i o n a l Bank, K in g s la n d ...................... Vice President, C ashier Kingsville M e r c a n tile N a t i o n a l Bank o f K in g s v ille ............................. Kosse The First State Ba nk ...................................................................... C h a ir m a n , President, V ice President, C a shier Kountze Peoples State Bank o f K o u n tze ................................................ President, C a shier Kress Kress N a t i o n a l B a n k...................................................................... D. M . G r a n b e r y , President La Coste The La Coste N a ti o n a l Bank..................................................... Ca shier L ad o n ia Farmers & M erch an ts S ta te B a n k............................................ Vice President a n d C a shier La Feria The First N a t i o n a l Bank o f La F e r ia ..................................... C h a ir m a n , President, V ic e President Lake Jackson First N a ti n o a l Bank o f Lake Jackson.................................... Lak e v ie w The First N a t i o n a l Bank o f L a k e v ie w .................................... Lampasas The First N a t i o n a l Bank o f L a m p a s a s ................................... Lam pasas The Peoples N a t i o n a l Bank o f L a m p a s a s ......................... V ice President, C a sh ier President, V ice President C h a ir m a n , P resident, V ice President C ashier Leonard The Leonard N a ti o n a l Ba nk ...................................................... President Lewisville Lewisville N a t i o n a l Ba nk ............................................................ C h a ir m a n , P resident, V ice President, C a shier C a shier Linden The First N a ti o n a l Bank o f L in d e n ......................................... Lipan The First N a t i o n a l Bank o f L ip a n ............................................ Presiden t Littlefield The First N a t i o n a l Bank o f L ittlefield .................................... C h a ir m a n , President, Vice P resident, C a shier Lockney First N a t i o n a l Bank in Lockney................................................ Lone Star Lone S tar N a t i o n a l Ba nk............................................................. Lov elad y The State N a t i o n a l Bank o f L o v e la d y ................................. Lufkin C itiz ens N a t i o n a l Bank o f L u fkin.......................................... President, Vice President, C a sh ier Luling The First N a t i o n a l Bank in L uling............................................ C h a ir m a n , President, V ice President, C ashier M a d is o n v ille The First N a t i o n a l Bank o f M a d i s o n v i ll e ............................. M a rfa The M a r f a N a t i o n a l Ba nk.......................................................... C h a ir m a n , President, Vice President, C a shier M a r io n M a r io n State B a n k .......................................................................... Presiden t M a r lin M a r lin N a t i o n a l B a n k................................................................... President, C a shier M art The Farmers a n d M erchants N a t i o n a l Bank o f M a r t .... E. K. Folley, President M art The First N a t i o n a l Bank o f M a r t ............................................ President, V ice President, C ashier M aso n The M a s o n N a t i o n a l B a n k.......................................................... President, V ice President M a ta d o r The First State Bank o f M a t a d o r ............................................. Vice President M a th is First State Bank o f M a t h is .......................................................... President, C a shier President I. J. Y o u n g , C ashier President, V ice President Assistant C a shier 8 GROUP 3 — Continued TEXAS — Continued Location Name o f Bank or Trust C om pany Officers Authorized to Cast V o te M cLean A m e r ic a n N a t i o n a l Bank in M c L e a n .................................................................. V ice President M e lv in The First N a ti o n a l Bank o f M e lv in ...................................................................... President, C ashier M e m p h is The First N a ti o n a l Bank o f M e m p h i s ................................................................. P residen t, Vice President M enard The M e n a r d N a t i o n a l B a n k.................................................................................... Ca s h ie r M erced es The First N a t i o n a l Bank o f M e r c e d e s ............................................................... H. G . G e o r g e , Executive V ice President M erkel The Farmers a n d M erchants N a ti o n a l Bank o f M e r k e l ............................ President M e r tz o n The First N a t i o n a l Bank o f M e r t z o n .................................................................. President, C a shier M exia First N a t i o n a l Bank o f M e x i a ............................................................................... President, Vice President, C a shier M id lo t h ia n First N a ti o n a l Bank in M i d l o t h i a n ...................................................................... C h a ir m a n , President, V ice President, C a sh ier M il f o r d The First N a ti o n a l Bank o f M i l f o r d ................................................................... V ice President M in e o la The First N a t i o n a l Bank o f M i n e o l a .................................................................. C a shier Moody The First N a t i o n a l Bank o f M o o d y ..................................................................... President M oran The M o r a n N a t i o n a l B a n k....................................................................................... President M orto n First State B a n k............................................................................................................ V ice President M o u n t Calm The First N a ti o n a l Bank in M o u n t C a lm .......................................................... C h a ir m a n , P resident, V ic e President, C a sh ier M o u n t V e rn on The First N a t i o n a l Bank o f M o u n t V e r n o n ..................................................... President, V ice President Munday First N a t i o n a l Bank in M u n d a y ........................................................................... President, V ice President, C a shier N a p le s The M orris C o unty N a t i o n a l Bank o f N a p le s ................................................ C h a ir m a n , President, V ic e President, C a shier Navasota The First N a t i o n a l Bank o f N a v a s o t a ............................................................... Executive V ice President N e w cas tle Farmers N a t i o n a l Bank o f N e w c a s tle ............................................................... President, V ice President N e w to n The First N a t i o n a l Bank o f N e w t o n ................................................................... Vice President Nocona The Farmers a n d M erch an ts N a t i o n a l Bank o f N o c o n a ......................... President, C a sh ier Nocona The Peoples N a t i o n a l Bank o f N o c o n a ........................................................... P residen t, V ic e President, C a shier N o r d h e im The First N a ti o n a l Bank o f N o r d h e i m .............................................................. C a s h ie r O 'D o n n e ll The First N a t i o n a l Bank o f O ’D o n n e ll.............................................................. President O g le s b y The First N a t i o n a l Bank o f O g le s b y ................................................................. Ozona The O z o n a N a t i o n a l B a n k...................................................................................... V ice President P alestine The First N a t i o n a l Bank o f Pa lestine ............................................................... President, V ice P resident, C a shier Pilot Point The Pilot Point N a t i o n a l Ba nk............................................................................... President, C a shier Pittsburg First State B a nk............................................................................................................. President, V ice President Pittsburg The Pittsburg N a t i o n a l B a n k.................................................................................. President Plano The First N a t i o n a l Bank o f P la n o ........................................................................ President Plano Plano N a t i o n a l B a n k.................................................................................................. President, V ice President, C a shier Pleasanto n First N a t i o n a l Bank in P leasa n to n ...................................................................... W . S. D e a n , President Port Lavaca First N a t i o n a l Bank in Port Lav aca..................................................................... Poth The First N a t i o n a l Bank o f Poth.......................................................................... C h a ir m a n , President, Vice P resident, C a shier Quanah First N a ti o n a l Bank in Q u a n a h ........................................................................... Q uanah The Security N a t i o n a l Bank o f Q u a n a h .......................................................... President, Executive V ic e President Q u it a q u e The First N a t i o n a l Bank o f Q u i t a q u e ............................................................... P resident, V ice President, C a shier Ralls Se curity State Bank & Trust C o m p a n y .............................................................. C h a ir m a n , President, V ic e President, C a shier Rankin The First State Bank o f R a n kin ............................................................................. President, V ice President, C a shier Raym ondville The First N a ti o n a l Bank o f R a y m o n d v ille ...................................................... C h a ir m a n , President, Vice P resident, C a sh ier Rhome The First N a t i o n a l Bank in Rhom e..................................................................... C a s h ie r Richmond The First N a t i o n a l Bank o f Richm ond.............................................................. President, V ice President, C a shier Richmond The Fort Bend N a t i o n a l Bank o f R ichm on d................................................... President, Executive V ic e President Robstown The Robstown N a t i o n a l Bank................................................................................. C h a ir m a n , President, V ice President Rocksprings Peoples State B a n k...................................................................................................... Rockwall The First State B a n k ................................................................................................... Roscoe The Roscoe State B a n k .............................................................................................. President Rosebud The First N a ti o n a l Bank o f Rosebud................................................................. C h a ir m a n , President, V ice President, C a shier Rosebud The Planters N a t i o n a l Bank o f Ro sebud......................................................... President, V ice President, C a sh ier Rosenberg The First N a t i o n a l Bank o f Ro sen b e rg ............................................................. C h a ir m a n , President, V ice President, C a s h ie r C h a ir m a n Rotan The First N a t i o n a l Bank o f R o tan ....................................................................... R. L. S p rin g e r, President Ro wena The First N a t i o n a l Bank o f R o w e n a ................................................................... C a s h ie r Roxton The First N a t i o n a l Bank o f Roxto n..................................................................... President Royse C ity C itizen s State B a n k ..................................................................................................... President, V ice President Rule The Farmers N a t i o n a l Bank o f Rule, T e x a s .................................................... C a sh ier Sa int Jo The First N a t i o n a l Bank o f Sa int Jo .................................................................. P resident, C a shier San Au g u stin e The First N a ti o n a l Bank o f San A u g u s t in e ..................................................... C h a ir m a n , President, V ice President, C a sh ier Sanger The First N a t i o n a l Bank o f S a n g e r ..................................................................... C a shier San M arcos The First N a t i o n a l Bank o f San M a r c o s .......................................................... Ex ecutive V ice President San Marcos State Bank a n d Trust C o m p a n y ........................................................................... President, Ex ecutive V ice President 9 GROUP 3 — Continued TEXAS — Continued Location Officers A uthorized to Cast V o te N a m e o f Bank or Trust Com pany San S a b a The C ity N a t i o n a l Bank o f San S a b a ............................................................... President, V ice President, C a sh ier San S a b a The San S a b a N a ti o n a l B a nk............................................................................... C h a ir m a n , President, V ice President, C a shier S a n ta A n n a The S a n ta A n n a N a t i o n a l B a n k........................................................................... V ice President, Ca shier Santo The First N a t i o n a l Bank o f S a n to ....................................................................... C a s h ie r Schulenburg The First N a t i o n a l Bank o f S c h u le n b u r g ......................................................... President S e ag raves The First N a t i o n a l Bank in S e a g r a v e s ............................................................. Seguin The N o lt e N a t i o n a l Bank o f S e g u in .................................................................. C h a irm a n S e m in o le Se m inole State B a n k.................................................................................................. V ice President, C ashier S e ym o ur The Farmers N a t i o n a l Bank o f S e ym o u r......................................................... Vice President S e ym o ur The First N a t i o n a l Bank o f S e y m o u r ............................................................... C h a ir m a n , President, V ice President, C a shier S h am ro ck The First N a t i o n a l Bank o f S h a m ro c k .............................................................. C h a ir m a n , President, V ice President, C a shier S h erm an T ex om a N a t i o n a l Bank o f S h e r m a n .................................................................. C h a ir m a n , President, V ice President, C a shier Shiro Farmers State Bank o f Sh iro , T e x a s .................................................................. W . S. Davis, Jr., President S taffo rd First N a t i o n a l Bank o f S t a f fo r d ........................................................................... President, C a sh ier S ta m fo rd The First N a t i o n a l Bank in S t a m f o r d ............................................................... President, C a sh ier Stinnett First N a t i o n a l Bank o f S tin n e tt........................................................................... President Straw n First Straw n N a t i o n a l B a n k................................................................................... P resident, V ic e President, C a shier S tre e tm a n The First N a t i o n a l Bank o f S t r e e t m a n ............................................................. President, V ic e P resident, C a shier S udan The First N a t i o n a l Bank o f S u d a n ..................................................................... C h a ir m a n , President, V ice President, Ca shier S u lp h u r Sp rings The City N a t i o n a l Bank o f S u lp h ur S p rin g s ................................................. President, V ice President, C a shier T a ft The First N a t i o n a l Bank o f T a f t .......................................................................... President, V ice President Ta ft The First State Bank o f T a f t ................................................................................... President, V ice President, C a shier Teague First N a t i o n a l Bank o f T e a g u e ............................................................................. President T h o rn d a le T h o rn d a le State Ba nk ............................................................................................... C h a ir m a n , President, V ice President, C a shier C le a r C r e e k N a ti o n a l Ba nk................................................................................... Q President n rl/su in Throckm orto n The First N a t i o n a l Bank o f T h ro c km o rto n ..................................................... President, V ice President, C a shier Tom Bean The First N a t i o n a l Bank o f Tom B e an .............................................................. President Trent H o m e State Ba nk......................................................................................................... President, C a shier Trenton The First N a t i o n a l Bank o f T r e n to n ................................................................... H e n ry D o n a g h e y , C a shier Trinity The First N a t i o n a l Bank o f T r in ity ...................................................................... President, V ice President Troup The First N a t i o n a l Bank o f T r o u p ....................................................................... President U n ive rsa l City Randolph Field N a t i o n a l B a n k ............................................................................. President, V ice President, Ca shier V a ll e y M ills First N a t i o n a l Bank in V a ll e y M ills ................................................................... C h a ir m a n , President, V ic e President, Ca shier V a ll e y V i e w The V a ll e y V i e w N a t i o n a l B a n k.......................................................................... President V a n A lystne The First N a t i o n a l Bank o f V a n A ls ty n e .......................................................... President W aco Lake A i r N a t i o n a l Bank o f W a c o ....................................................................... President W aco W e s t v ie w N a t i o n a l Bank, W a c o .......................................................................... President, V ice President, C ashier W a x a h a c h ie C itiz en s N a t i o n a l Bank in W a x a h a c h i e .......................................................... Executive V ice Presiden t W eath erfo rd The C itiz en s N a ti o n a l Bank o f W e a t h e r f o r d ................................................ President W e l li n g t o n W e l li n g t o n State B a n k .............................................................................................. W est The State N a t i o n a l Bank in W e s t ....................................................................... President W e s t C o lu m b ia First C a p ito l B a n k........................................................................................................ C h a ir m a n , President, V ice President, C ashier W h ite s b o r o Security N a t i o n a l Bank o f W h i t e s b o r o ........................................................... President W h i t e w r ig h t The First N a t i o n a l Bank o f W h i t e w r i g h t ......................................................... Ca shier W h itn e y First N a ti o n a l Bank in W h i t n e y ........................................................................... C h a ir m a n , President, V ice President, C a shier W ills Point The First N a t i o n a l Bank o f W il l s Poin t............................................................ Presiden t W in d o m Fannin N a t i o n a l Bank in W i n d o m ..................................................................... President, Vice President, C a shier W in n s b o r o The First N a t i o n a l Bank o f W in n s b o r o ........................................................... C h a ir m a n , President, V ice P resident, C a shier W o l f e City The W o l f e C ity N a t i o n a l Bank in W o l f e C i t y .............................................. C h a ir m a n , President, V ice President W oodsboro The First N a t i o n a l Bank o f W o o d s b o r o .......................................................... C a s h ie r W o rth am The First N a t i o n a l Bank of W o r t h a m ............................................................... President Y o rk tow n The First N a t i o n a l Bank o f Y o rk to w n ............................................................... C a shier Z a p a ta First N a t i o n a l Bank o f Z a p a t a ........................................................................... C h a ir m a n , President, C a sh ier 10 Directors of the Federal Reserve Bank of Dallas As of September 22, 1964 Nam e Elected by banks in Croup O ccupation Class Term Expires Dec. 31 Murray K y g e r ................................. Chairman of the Board, The First National Bank of Fort Worth, Fort Worth, Texas 1 A 1966 Ralph A. P o r t e r .......................... President, The State National Bank of Denison, Denison, Texas 2 A 1965 J. Edd McLaughlin President, Security State Bank & Trust Company, Ralls, Texas 3 A 1964 H. B. Z a c h r y ................................. President, H. B. Zachry Company, San Antonio, Texas 1 B 1964 D. A. H u l c y ................................. Chairman of the Board, Lone Star G as Company, Dallas, Texas 2 B 1966 J. B. Perry, Jr.................................... President and G eneral M anager, Perry Brothers, Inc., Lufkin, Texas 3 B 1965 Robert O. Anderson . . . Chairman Owner, Lincoln County Livestock Company, Roswell, New Mexico Appointed by the Board of Governors of the Federal Reserve System C 1965 Carl J. T h o m s e n .......................... Deputy Chairman Senior Vice President, Texas Instruments, Inc., Dallas, Texas Appointed by the Board of Governors of the Federal Reserve System C 1964 Max L e v i n e ................................. Chairman of the Board, Foley’s, Houston, Texas Appointed by the Board of Governors of the Federal Reserve System C 1966 . . . . .