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F ederal Reserve Bank DALLAS, T E X A S of Dallas 75222 September 9, 1 9 6 6 ELECTION OF DIRECTORS To the M e m b e r B a n k s of the Eleventh Fed e ra l R e se rve District; A n 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 Decem ber 31, 1966: Class A Director — Mr. M urra y Kyger Chairm an of the Board The First N ational Bank of Fort W orth Fort W orth, Texas Class B Director — M r. D. A. Hulcy Chairm an o f the Board Lone Star G a s C om p any Dallas, Texas Mr. Kyger, the Class A Director, was elected by banks in G roup 1, consisting of banks having capital and surplus of $ 3 ,0 0 0 ,0 0 0 and over, and his successor will be chosen by the banks in this group. Since Septem ber 15, 1964, Mr. Kyger has filled the unexpired portion of a three-year term which expires December 31, 1966. He is eligible for re-election. Mr. Hulcy, the Class B Director, w as elected by banks in G roup 2, consisting o f banks having capital and surplus of $ 5 0 0 ,0 0 0 and over, but under $ 3 ,0 0 0 ,0 0 0 , and his successor will be chosen by the banks in this group. Mr. Hulcy, w ho has served as a director of this Bank since 1952, has requested that his name not be placed in nomination for re-election. The banks com prising G roups 1 and 2 are listed on the follow ing 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 m ay subsequently change prior to the date of the election. Each bank in G roup 1 is permitted to nominate one candidate for C lass A Director and each bank in G roup 2 is permitted to nominate one candidate for Class B Director. The nominations must be m ade by resolution of the Board of Directors, certified to me and received in my office on or before O ctober 10, 1966. A form and return envelope for this purpose are enclosed. O n O ctober 14, 1966, 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 15 days after receipt. The polls will open at 9 a.m. on O ctober 18, 1966, and close at 2 p.m. on N ovem ber 2, 1966. A t that time the ballot b o x will be opened at this Bank, the votes counted, and the 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. Officers so authorized are listed on the following pages. Inasmuch as the authority conferred on these officers con tinues until revoked, they need not be redesignated. 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 designation, should do so by resolution of its Board o f Directors and 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 b a n k s in G ro u p 3 w ill not vo te in this election, this circular is se n t to them , w ith o u t form s, fo r their in fo rm a tio n . G roup 3 consists of member banks with combined capital and surplus of under $ 5 0 0 ,0 0 0 . V ery truly yours, Enclosures (2) This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) Information Concerning Eligibility for Class A Directorship of a Federal Reserve Bank Section 4 of the Federal Reserve Act contains the follow ing provisions: “ Class A shall consist of three members, w ho shall be chosen by and be representative of the stockholding banks.” “ N o officer or director of a member bank shall be eligible to serve as a C lass A director unless nominated and elected by banks which are members of the sam e group as the member bank o f which he is an officer or director." “A n y person w ho is an officer or director o f more than one member bank shall not be eligible for nomination as a C lass A director except b y banks in the same group as the bank having the largest a gg re ga te resources of any of those of which such person is an officer or director.” " N o Senator or Representative in C ongress shall be a member o f the Board of G overnors of the Federal Reserve System or an officer or a director of a Federal Reserve Bank.” In a resolution adopted Decem ber 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 a n y State, territory, county, district, political subdivison, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying principles o f the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks.” GROUP 1 C on sists o f all m em ber b a n k s h a v in g capital a n d surplus o f $ 3 ,0 0 0 ,0 0 0 a n d over. Banks in this group elect one Class A Director. ARIZO N A L o c a tio n Tucson N a m e o f B a n k o r Tru st C o m p a n y O ffice rs A u th o riz e d to C a s t V o t e Southern A riz o n a Ban k & Trust C o m p a n y ................................... President LOUISIANA Location Name of Bank or Trust Company Officers Authorized to Cast Vote M o n ro e C entral S a v in g s B ank a n d Trust C o m p a n y .................................. President, V ice President, C a sh ie r M o n ro e The O u a c h ita N a tio n a l B ank in M o n r o e .................................... President, V ice President, C a sh ie r The First N a tio n a l Ban k o f S h r e v e p o rt ...................................... President, Vice President, C a sh ie r Sh re v e p o rt Shreve p o rt TEXAS Location N a m e o f B a n k o r T ru st C o m p a n y O ffice rs A u t h o riz e d to C a s t V o t e A b ile n e The C itizens N a tio n a l B a n k in A b ile n e ....................................... President, V ice President, C a sh ie r A b ile n e First N a tio n a l B an k o f A b ile n e ................................................. C h a irm a n , President, V ice President, C a sh ie r C h a irm a n , President, V ice President, C a sh ie r A m a rillo A m a rillo N a tio n a l B a n k ............................................................ A m a rillo The First N a tio n a l B an k o f A m a r illo .......................................... President, C a sh ie r A ustin The A m e rican N a tio n a l B an k o f A u s t in ....................................... C h a irm a n , President, V ic e President A u stin The A ustin N a tio n a l B a n k ......................................................... President, V ice President A ustin The C ap ita l N a tio n a l B an k in A u s t in .......................................... C h a irm a n , V ice President, C a sh ie r Beaum ont The A m e rican N a tio n a l Ban k of B eau m on t................................. C ha irm a n, President, V ice President, C a sh ie r Beaum ont First Security N a tio n a l B an k of B eau m on t................................. C h a irm a n , President, S e n io r Vice President, C o rp u s C hristi C o rp u s C hristi Ban k a n d Trust................................................... President C o rp u s C hristi C o rp u s C hristi State N a tio n a l B a n k ...... ..................................... C ha irm a n, President, V ice President, C a sh ie r D a lla s First N a tio n a l B an k in D a l l a s .................................................. C h a irm a n , President, V ice President, C a sh ie r D a lla s M e rc antile N a tio n a l B an k at D a lla s ............................................ C h a irm a n , C h a irm a n of Executive Com mittee, D a lla s The N a tio n a l B ank o f Com m erce o f D a lla s ............................... President, C a sh ie r D a lla s R ep ub lic N a tio n a l Ban k o f D a lla s.............................................. C h a irm a n , President, V ic e President, C a sh ie r V ice President, C a sh ie r President, V ice President, C a sh ie r 3 GROUP 1 — Continued TEXAS — Continued Officers Authorized to Cast Vote Name of Bank or Trust Company Location D a lla s T exas B an k & Trust C o m p a n y o f D a lla s ..................................... W . W . O verto n, Jr., C h a irm a n El Paso El Paso N a tio n a l B a n k ................................................................ C ha irm a n, President, Vice President El P a so The State N a tio n a l B an k o f El P a so ............................................ President Fort W o rth C ontinental N a tio n a l B an k o f Fort W o rt h ................................... C h a irm a n , President, Executive V ice President, Fort W o rth The First N a tio n a l B an k o f Fort W o rt h ....................................... C h a irm a n , President, V ic e President, C a sh ie r Fort W o rth The Fort W o rth N a tio n a l B a n k ................................................. President, V ice President, C a sh ie r H ouston B an k of the Southw est N a tio n a l A sso c ia tio n , H ou ston ............... C ha irm a n, President, V ice President H ouston C a p ita l N a tio n a l B a n k ................................................................ President, V ice President, C a sh ie r H ouston C itizen s President H ouston First C ity N a tio n a l B an k o f H ou ston ......................................... C h a irm a n , President, V ice President, C a sh ie r C a sh ie r State B a n k .................................................................. H ouston H ouston B an k & Trust C o m p a n y ................................................. President, V ice President H ouston H ouston N a tio n a l B a n k .............................................................. C hairm an, President, V ice President, C a sh ie r H ouston Southern N a tio n a l B ank o f H o u sto n .......................................... President, V ice President H ouston Texas N a tio n a l Ban k o f Com m erce of H o u sto n ............................ C ha irm a n, President, V ice President, C a sh ie r Lub b ock The C itizen s N a tio n a l B a n k of Lu b b o c k ............................ .......... President L u b b ock First N a tio n a l B an k at Lub b ock.................................................. President, V ice President, C a sh ie r Lub b ock The Lub b ock N a tio n a l B a n k ....................................................... President M id la n d The First N a tio n a l B an k o f M id la n d .......................................... President M id la n d The M id la n d N a tio n a l B a n k ....................................................... President Port A rth u r The First N a tio n a l B a n k o f Port A rth u r....................................... President, V ice President, C a sh ie r S a n A n to n io The A la m o N a tio n a l B ank o f S a n A n t o n io ................................... President S a n A n to n io B exa r C o u n ty N a tio n a l B ank o f S a n A n t o n io .............................. President, V ice President, C a sh ie r S a n A n to n io The Frost N a tio n a l Bank of S a n A n t o n io ................................... President, V ic e President, C a sh ie r S a n A n t o n io The G ro o s N a tio n a l B a n k o f S a n A n t o n io ................................. C h a irm a n , President, V ice President, C a sh ie r S a n A n t o n io N a tio n a l Ban k o f C om m erce o f S a n A n t o n io .............................. President, V ic e President T yler C itizen s First N a tio n a l B an k of Tyler......................................... President, V ice President, C a sh ie r V ictoria First V ictoria N a tio n a l B a n k ..................................................... C h a irm a n , President, V ic e President, C a sh ie r V ictoria Victoria Ban k a n d Trust C o m p a n y ............................................ President W aco The C itize n s N a tio n a l B an k of W a c o ......................................... W a lte r G . Lacy, Jr., President W aco The First N a tio n a l Ban k of W a c o .............................................. President W ic h ita Falls C ity N a tio n a l B an k in W ic h ita Falls.......................................... President, V ice President W ic h ita Falls The First-W ichita N a tio n a l B an k o f W ic h ita F a lls...................... C h a irm a n , President, V ice President 4 Information Concerning Eligibility for Class B Directorship of a Federal Reserve Bank Section 4 of the Federal Reserve Act contains the following provisions: “ C lass B shall consist of three members, who at the time o f their election shall be actively e n g a g e d in their district in commerce, agriculture or some other industrial pursuit.” " N o director of C lass B shall be an officer, director, or em ployee of any bank.” “ N o Senator or Representative in C ongress shall be a member of the Board of G overnors of the Federal Reserve System or an officer or a director o f a Federal Reserve Bank.” In a resolution adopted Decem ber 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 o f the Federal Reserve Act, serve as directors or officers of Federal Reserve B a nks." Under interpretations of the Board of G overnors of the Federal Reserve System, a person whose sole occupation is that of officer of an insurance com pany or of a savings and loan association is not eligible for election as a C lass B director of a Federal Reserve Bank. GROUP 2 C on sists o f all m em ber b a n k s h a v in g capital a n d surp lu s o f $ 5 0 0 ,0 0 0 a n d over, but u n d e r $ 3,000,000. Banks in this group elect one Class B Director. LOUISIANA Location Officers Authorized to Cast Vote Name of Bank or Trust Company Bastrop Bastrop N a tio n a l B a n k ................................................................ President B ossier C ity The N a tio n a l B an k o f B ossier C ity ............................................ President Hom er The H om er N a tio n a l B a n k .......................................................... C h a irm a n , President, V ice President, C a sh ie r M a n sfie ld First N a tio n a l B ank in M a n sfie ld ................................................ C a sh ie r M in d e n M in d e n Ban k & Trust C o m p a n y .................................................. President W e st M o n ro e First N a tio n a l B ank o f W e st M o n r o e .......................................... President, V ice President, C a sh ie r NEW M EXICO Location A la m o g o rd o Officers Authorized to Cast Vote Name of Bank or Trust Company First N a tio n a l B an k in A la m o g o rd o .......................................... C ha irm a n President, Executive V ice President, Vice President A rtesia The First N a tio n a l B an k of A rt e s ia ............................................ C h a irm a n President, V ice President, C a sh ie r C a rlsb a d A m e rican Ban k of C a rls b a d ....................................................... C h a irm a n President, V ice President, C a sh ie r C a rlsb a d The C a rlsb a d N a tio n a l B a n k ....................................................... President, Vice President, C a sh ie r C lo vis The C lo vis N a tio n a l B a n k .......................................................... C ha irm a n, President, Vice President, C a sh ie r C lo vis First N a tio n a l B ank o f C u rry C o u n ty.......................................... President H obbs First N a tio n a l B an k of H o b b s ..................................................... President Las Cruces First N a tio n a l B ank o f D o n a A n a C o u n ty................................... President, Vice President, C a sh ie r Lovington Lovin gton N a tio n a l B a n k ............................................................ President Roswell The First N a tio n a l Bank of Rosw ell............................................ President, V ice President, C a sh ie r Roswell Roswell State B a n k .................................. ................................... President, C a sh ie r Roswell Security N a tio n a l Ban k of Rosw ell.............................................. President S ilv e r City The A m e rican N a tio n a l B an k of S ilv e r C ity................................. C a sh ie r Tucum cari The First N a tio n a l B a n k in T ucum cari.......................................... C ha irm a n, President, Vice President O KLAH O M A Location D urant Name of Bank or Trust Company Officers Authorized to Cast Vote The First N a tio n a l B ank in D u ra n t.............................................. 5 President, V ice President, C a sh ie r GROUP 2 — Continued TEXAS Location Officers Authorized to Cast Vote Name of Bank or Trust Company A b ile n e The First State B a n k ................................................................... President A lb a n y The First N a tio n a l Ban k of A lb a n y .............................................. C h a irm a n , President, V ice President A lic e A lic e N a tio n a l B a n k ................................................................... C h a irm a n , President, V ice President, C a sh ie r A lp in e First N a tio n a l Bank in A l p i n e .................................................... President A m a rillo The A m e rican N a tio n a l B ank o f A m a r illo ................................... President, Executive V ic e President A m a rillo G re a t P lains N a tio n a l B a n k ....................................................... President, V ic e President, C a sh ie r A m a rillo T ascosa N a tio n a l Ban k of A m a r illo ............................................ President, V ic e President, C a sh ie r A n g le to n The First N a tio n a l Ban k of A n g le t o n .......................................... C h a irm a n a n d President A rlin g to n A rlin g to n N a tio n a l B a n k ............................................................ H a ro ld E. Patterson, President A rlin g to n First N a tio n a l Ban k in A rlin g to n ................................................ President, V ice President, C a sh ie r A u stin C itize n s N a tio n a l Ban k of A u s t in ................................................ President A u stin C ity N a tio n a l Ban k o f A u s t in ..................................................... President B a y C ity The First N a tio n a l B an k o f B a y C ity .......................................... C h a irm a n , President, Vice President, C a sh ie r Baytow n C itizens N a tio n a l B a n k & Trust C o m p a n y of B aytow n ................. President, V ice President, C a sh ie r Baytow n The First N a tio n a l B ank of Baytow n............................................ President B eaum ont C itize n s N a tio n a l B an k of B eau m on t.......................................... C h a irm a n , President, V ice President, C a sh ie r B eeville The Com m ercial N a tio n a l B a n k of Beeville................................. C h a irm a n , President, V ice President, C a sh ie r B eeville The First N a tio n a l B an k o f B ee ville............................................ C h a irm a n , President, V ice President, C a sh ie r Bellaire First State B an k of B e llaire ......................................................... President, Executive V ice President Bellville The First N a tio n a l B a n k o f Bellville............................................ President, V ic e President, C a sh ie r B ig S p rin g The First N a tio n a l B a n k in B ig S p r i n g ...................................... C h a irm a n , President, V ice President, C a sh ie r B ig S p rin g The State N a tio n a l B a n k o f B ig S p r i n g ...................................... C h a irm a n , President, V ice President, C a sh ie r B orge r First N a tio n a l B ank o f B o rg e r..................................................... C h a irm a n , President, V ice President Bow ie The First N a tio n a l B an k o f B o w ie .............................................. President B renham The First N a tio n a l B a n k o f B ren ham ............................................ C h a irm a n , President, V ice President, C a sh ie r B renham W a s h in g t o n C ou nty State B a n k ................................................. President Brow nfieid The First N a tio n a l B a n k o f Brow nfieid......................................... C h a irm a n , President, V ice President, C a sh ie r Brow nsville First N a tio n a l B an k at B ro w n sv ille ............................................ President Brow nsville Pan A m e rican B a n k ................................................................... C h a irm a n , President, V ice President, C a sh ie r B row nw ood C itizen s N a tio n a l B an k at B ro w n w o o d ......................................... P resident Brow nw ood First N a tio n a l B an k in B ro w n w o o d ............................................ President, V ice President, C a sh ie r B ryan The C ity N a tio n a l B a n k o f B ry a n ................................................ P resident B ryan First B an k & Trust, Bryan, T e x a s................................................. H e n ry B. C la y, President Burkburnett First N a tio n a l B a n k in Burkburnett............................................ P resident C am e ron The C itizen s N a tio n a l B ank o f C a m e ro n ..................................... President, A ctive V ic e President, C a sh ie r C am e ron First N a tio n a l Bank in C a m e ro n ................................................. President, C a sh ie r Canyon The First N a tio n a l B a n k in C a n y o n ............................................ President, V ic e President, C a sh ie r C h ild re ss The First N a tio n a l B an k in C h ild re ss.......................................... C h a irm a n , President, C a sh ie r C le b u rn e C le b u rn e N a tio n a l B a n k ............................................................ C h a irm a n , President, V ic e President, C a sh ie r C le b u rn e The First N a tio n a l Ban k in C le b u rn e .......................................... President, V ice President C o lo ra d o C ity The C ity N a tio n a l B ank o f C o lo ra d o C ity ................................. C h a irm a n , President, V ic e President, C a sh ie r C o n ro e C o n ro e N a tio n a l B a n k ................................................................ President, V ice President C o n ro e First N a tio n a l B an k in C o n ro e ................................................... P resident C o rp u s Christi G u a ra n ty N a tio n a l Ban k a n d Trust of C o rp u s C h risti................. President, V ice President, C a sh ie r C o rp u s Christi The M e rc an tile N a tio n a l B an k o f C o rp u s C h risti........................ C h a irm a n , President C o rsica n a The First N a tio n a l B a n k o f C o r sic a n a ..... ................................. C h a irm a n , President, V ice President, C a sh ie r C o rsica n a The State N a tio n a l B an k o f C o rsic a n a ....................................... President, V ic e President D a lla s C itizen s N a tio n a l Ban k o f D a lla s .............................................. C h a irm a n , President, V ice President, C a sh ie r D a lla s C om m onw ealth N a tio n a l Ban k of D a lla s ..................................... President, V ice President, C a sh ie r D a lla s Em pire State B an k o f D a lla s ....................................................... President, V ice President, C a sh ie r D a lla s Fair Park N a tio n a l B an k o f D a lla s .............................................. President, V ic e President D a lla s H illsid e N a tio n a l Ban k of D a lla s .............................................. President, V ice President D a lla s In w o o d N a tio n a l Bank o f D a lla s .............................................. P resident D a lla s N o rth p a rk N a tio n a l B an k o f D a lla s .......................................... C h a irm a n , President D a lla s T exas N a tio n a l B an k o f D a lla s ................................................. C a sh ie r D el Rio Del Rio N a tio n a l B a n k ................................................................ President D en iso n The C itize n s N a tio n a l Ban k o f D e n iso n ....................................... President, V ic e President, C a sh ie r D e n iso n The Stale N a tio n a l B a n k o f D e n iso n .......................................... C h a irm a n , President, V ice President, C a sh ie r D enton The D enton C ou n ty N a tio n a l Ban k of D e n to n ............................ Executive V ice President, C a sh ie r El P aso Bassett N a tio n a l B a n k o f El P a so ................................................ President, V ice President, C a sh ie r El Paso N o rth g a te N a tio n a l B an k o f El P a so .......................................... President 6 GROUP 2 — Continued TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company El Paso Sou thw est N a tio n a l Ban k o f El P a so .......................................... President Ennis C itizen s N a tio n a l B a n k in E n n is................................................. C h a irm a n , President, Vice President, C a sh ie r F lo yd a d a The First N a tio n a l B an k of F lo y d a d a .......................................... President Fort W orth C ity N a tio n a l B a n k ................................................................... President, V ice President, C a sh ie r Fort W o rth G a te w a y N a tio n a l B an k o f Fort W o rt h ....................................... C h a irm a n , President, V ice President, C a sh ie r Fort W o rth N orth east N a tio n a l B an k o f Fort W o rt h ....................................... V ice President a n d C a sh ie r Fort W o rth Southw est N a tio n a l B ank o f Fort W o rt h ....................................... C h a irm a n , President Fred ericksb urg Fred ericksb urg N a tio n a l B a n k ..................................................... C a sh ie r Freeport The First Freeport N a tio n a l B a n k .............................................. C h a irm a n , President, V ice President, C a sh ie r G a lve sto n First H u tch in g s-S e a ly N a tio n a l B a n k of G a lv e sto n ..................... C h a irm a n , President, V ice President, C a sh ie r G a lve sto n The M o o d y N a tio n a l Ban k o f G a lv e st o n ..................................... V ic e President G a lve sto n The U nited States N a tio n a l Ban k o f G a lv e sto n ............................ C h a irm a n , President, V ice President, C a sh ie r G a rla n d C o lo n ia l N a tio n a l Bank o f G a r la n d .......................................... President, V ic e President a n d C a sh ie r G a rla n d First N a tio n a l B a n k in G a r la n d ................................................. President G r a n d P rairie First N a tio n a l B a n k in G r a n d P ra irie .......................................... P resident G ra p e v in e First N a tio n a l Ban k o f G r a p e v in e .............................................. C h a irm a n , President, V ice President, C a sh ie r G re e n v ille The C itizen s N a tio n a l Bank o f G re e n v ille ............................... President, V ice President, C a sh ie r G re e n v ille First G re e n v ille N a tio n a l B a n k ................................................. President, Executive V ice President H a rlin g e n The First N a tio n a l B a n k o f H a rlin g e n ........................................ President, C a sh ie r H a rlin g e n The H a rlin g e n N a tio n a l B a n k ................................................... President, V ice President, C a sh ie r H en de rson C itize n s N a tio n a l Ban k o f H e n d e rso n ....................................... C a sh ie r H en de rson The First N a tio n a l B an k o f H e n d e rso n ....................................... V ice President H ereford The First N a tio n a l B a n k o f H e re fo rd ........................................ C a sh ie r Hondo The H o n d o N a tio n a l B a n k ......................................................... C a sh ie r H ouston A irlin e N a tio n a l Ban k o f H o u sto n .............................................. W . S. Pebworth, Jr., C h a irm a n a n d President H ouston Ban k o f H o u sto n ......................................................................... President, C a sh ie r H ouston Central N a tio n a l B a n k of H ou ston ............................................ President H ouston East End State B a n k .................................................................. President, V ice President H ouston H e igh ts State Bank. .................................................................... President, V ice President, C a sh ie r H ouston The In d ustrial State B ank o f H ouston, T e xa s............................... President, V ic e President H ouston Lockw ood N a tio n a l B a n k of H o u sto n .......................................... President H ouston Long Point N a tio n a l B ank o f H o u sto n ......................................... C a sh ie r H ouston The Lum berm en’s N a tio n a l Ban k o f H ou ston .............................. President, V ice President, A ssista n t V ice President, C a sh ie r H ouston M a c G r e g o r Park N a tio n a l B a n k o f H ou ston ............................... C h a irm a n , President, V ice President, C a sh ie r H ouston M e d ic a l Center N a tio n a l Bank, H o u sto n ..................................... C h a irm a n , President, V ice President, C a sh ie r H ouston R epublic N a tio n a l Ban k o f H o u sto n .......................................... President H ouston U n io n N a tio n a l B a n k in H ou ston ................................................ President, Vice President, C a sh ie r H ouston U nive rsity State B a n k ................................................................ President, C a sh ie r H ouston W estern N a tio n a l B an k of H ou ston .......................................... President H untsville First N a tio n a l Ban k o f H un tsville.............................................. C h a irm a n , President, V ic e President, C a sh ie r H untsville The H untsville N a tio n a l B a n k ..................................................... C h a irm a n , President, V ice President, C a sh ie r Hurst First N o tio n a l B a n k o f H urst..................................................... President, V ice President Jackson ville The First N a tio n a l B an k o f Ja c kso n ville ....................................... C h a irm a n , President, V ice President, C a sh ie r Kerrville First N a tio n a l B a n k o f Kerrville.................................................. C h a irm a n , President, V ice President, C a sh ie r K ilg o re The K ilg o re N a tio n a l B a n k ......................................................... V ice President, C a sh ie r Killeen The First N a tio n a l Ban k o f Kille en ............................................ C h a irm a n , President, V ice President, C a sh ie r K in g sville K le b e rg First N a tio n a l B a n k o f K in g sv ille ................................. C h a irm a n , President, Vice President, C a sh ie r Lam esa The First N a tio n a l Ban k o f Lam e sa.......................................... C h a irm a n , President, Vice President, C a sh ie r Lam esa The Lam esa N a tio n a l B a n k ....................................................... C h a irm a n , President, Vice President, C a sh ie r Lancaster The First N a tio n a l B a n k o f Lancaster.......................................... C h a irm a n , President, V ice President, C a sh ie r Laredo The Lare d o N a tio n a l B a n k ......................................................... President, V ice President Laredo U n io n N a tio n a l B a n k o f Lare d o................................................. C a sh ie r Level land The First N a tio n a l B an k o f Levellan d .......................................... President, V ice President, C a sh ie r Liberty The First Liberty N a tio n a l B a n k .................................................. C h a irm a n , President, V ice President Llano M o o r e State B a n k ..................................................................... President, V ice President Lockhart First-Lockhart N a tio n a l B a n k ....................................................... President Lon gv ie w The First N a tio n a l Ban k o f L o n gv ie w .......................................... President, V ice President Lon gview L on gvie w N a tio n a l B a n k ............................................................ V ice President, C a sh ie r Lubbock A m e rican C a sh ie r Lubbock The Plain s N a tio n a l B a n k o f L u b b ock.......................................... President, Executive V ice President Lufkin The Lufkin N a tio n a l B a n k .......................................................... Executive V ice President, C a sh ie r State B a n k ................................................................ 7 GROUP 2 — Continued TEXAS — Continued Location Officers Authorized to Cast Vote Name of Bank or Trust Company C ha irm a n, President, V ice President, C a sh ie r M c A lle n First N a tio n a l Ban k o f M c A lle n ................................................. M c G re g o r The First N a tio n a l B an k of M c G r e g o r ........................................ President, V ice President, C a sh ie r M c K in n e y The C ollin C o u n ty N a tio n a l Ban k o f M c K in n e y ............................ Cha irm a n M a rsh a ll The First N a tio n a l Bank o f M a r s h a ll............................................ President, Vice President a n d C a sh ie r M a rsh a ll The M a rsh a ll N a tio n a l B a n k ....................................................... President, C a sh ie r M in e ra l W e lls The First N a tio n a l B an k in M in e ra l W e lls ................................... President, First V ice President, V ice President, C a sh ie r M o u n t Pleasant The First N a tio n a l Ban k in M o u n t Ple asan t................................. President, V ice President M o u n t Pleasant G u a ra n ty B on d State B a n k ........................................................ President N acogdoches C om m ercial N a tio n a l B an k in N a c o g d o c h e s ............................... President N acogdoches The Stone Fort N a tio n a l Ban k o f N a c o g d o c h e s .......................... C ha irm a n, President, V ice President, C a sh ie r N a s s a u B ay N a ss a u B ay N a tio n a l B ank o f C le a r L a k e .................................. President, V ice President, C a sh ie r N e w Braunfels The First N a tio n a l B a n k o f N e w B r a u n fe ls .............................. President O d e ssa The First N a tio n a l Ban k o f O d e s s a ............................................ President, Executive V ice President O d e ssa First Slate B a n k ......................................................................... President, Executive V ic e President O d e ssa N a tio n a l Ban k o f O d e s s a .......................................................... President, V ice President O ra n ge First N a tio n a l Ban k in O r a n g e ................................................... C h a irm a n , President, V ic e President, C a sh ie r O ra n ge The O r a n g e N a tio n a l B a n k ........................................................ President, V ice President, C a sh ie r P alestine The East T exas N a tio n a l B an k o f P alestine................................. President Palestine The Royall N a tio n a l B a n k o f P alestine....................................... President, V ice President, C a sh ie r Pam pa First N a tio n a l Ban k in P a m p a ................................................... President Paris The First N a tio n a l B an k o f P a ris................................................. President Paris The Liberty N a tio n a l B an k in P a ris............................................ C h a irm a n , President, V ic e President, C a sh ie r Pecos The First N a tio n a l B ank o f Pecos.............................................. Executive V ice President Pecos The Security State B an k o f Pecos, T e xa s................................... President, V ice President, C a sh ie r Perryton The First N a tio n a l B an k o f Perryton.......................................... President P lainvie w The C ity N a tio n a l Bank o f P la in v ie w .......................................... C h a irm a n , President, V ice President, C a sh ie r P lainview First N a tio n a l B an k of P la in v ie w .............................................. President, C a sh ie r Port A rth ur The M e rchan ts N a tio n a l Bank of Port A rth u r............................ C h a irm a n , President, V ice President, C a sh ie r Port A rth ur S a b in e N a tio n a l Ban k o f Port A rth u r.......................................... President Port N e ch e s The First N a tio n a l B a n k of Port N e c h e s..................................... C h a irm a n , President, C a sh ie r R efugio The First N a tio n a l Bank o f R e fu g io .......................................... C a sh ie r Richardson Richardson H e igh ts N a tio n a l B a n k .............................................. President Robstow n The State N a tio n a l B a n k o f R obstow n....................................... C h a irm a n , President, V ice President, C a sh ie r S a n A n g e lo The Central N a tio n a l Bank o f S a n A n g e lo ............................... President, V ice President, C a sh ie r S a n A n g e lo The First N a tio n a l B an k o f S a n A n g e lo ....................................... President S a n A n g e lo S a n A n g e lo N a tio n a l Ban k o f S a n A n g e lo ................................. President, C a sh ie r S a n A n g e lo W e st S id e N a tio n a l Ban k o f S a n A n g e lo ................................... C ha irm a n, President, V ice President, C a sh ie r S a n A n to n io B ro a d w a y N a tio n a l B a n k ............................................................ C ha irm a n, President, V ice President, C a sh ie r S a n A n to n io The Brooks Field N a tio n a l B an k of S a n A n t o n io ........................ President S a n A n to n io C itizen s N a tio n a l Ban k o f S a n A n t o n io ..................................... President S a n A n to n io First N a tio n a l B an k o f S a n A n t o n io .......................................... C h a irm a n , President, V ice President, C a sh ie r S a n A n to n io Kelly Field N a tio n a l B an k o f S a n A n t o n io ............................... President, Vice President S a n A n to n io Lackland N a tio n a l Ban k o f S a n A n t o n io ...... .............................. President, V ice President, C a sh ie r S a n A n to n io M a in Ban k a n d Trust.................................................................. President, Vice President S a n A n to n io The N a tio n a l Ban k o f Fort S am H ouston at S a n A n t o n io ............. C h a irm a n , President, V ice President, C a sh ie r S a n A n to n io Security N a tio n a l Ban k o f S a n A n t o n io ....................................... President S e g u in The First N a tio n a l B an k o f S e g u in .............................................. C ha irm a n, President, C a sh ie r S e g u in Se g u in State Ban k & Trust C o m p a n y ........................................ President, V ice President She rm an The M e rc h an ts a n d Planters N a tio n a l B a n k o f S h e rm a n ............... President, C a sh ie r S h in e r The First N a tio n a l B an k o f S h in e r .............................................. C ha irm a n, President, C a sh ie r Snyder S n y d e r N a tio n a l B a n k ................................................................ C h a irm a n , President, Executive Vice President, S o n o ra The First N a tio n a l B an k of S o n o r a ............................................ President, C a sh ie r Sta m fo rd The First N a tio n a l Ban k in S ta m fo rd .......................................... President, C a sh ie r S u lp h u r S p rin g s Su lp h u r S p rin g s State B a n k ......................................................... President, C a sh ie r Sw eetw ater N a tio n a l B ank of Sw eetw ater..................................................... President T a h o ka The First N a tio n a l Ban k o f T a h o k a ............................................ C h a irm a n , President, V ic e President, C a sh ie r T aylor The C ity N a tio n a l Ban k of T a ylo r.............................................. C h a irm a n , President, V ic e President, C a sh ie r T aylor First-Taylor N a tio n a l B a n k ......................................................... President Tem ple First N a tio n a l Bank o f T em p le ................................................... President V ice President 8 GROUP 2 — Continued TEXAS — Continued Location Officers Authorized to Cast Vole Name of Bank or Trust Company Tem ple Tem ple N a tio n a l B a n k .................................................. C h a irm a n , V ice C h a irm a n , President, V ice President, Tem ple T exas N a tio n a l B an k o f T em ple.................................. President Terrell The A m e rican N a tio n a l Ban k o f Terrell...................... C h a irm a n , President, V ice President, C a sh ie r T e xa rka n a The T e xarkan a N a tio n a l B a n k ....................................... C a sh ie r T exa s C ity The T exas C ity N a tio n a l B a n k ........................................ C ha irm a n, President, V ice President Tom ball G u a ra n ty B on d State B a n k ........................................... C h a irm a n Tulia The First N a tio n a l B an k o f T u lia.................................. C a sh ie r Tyler The P eop les N a tio n a l B an k o f Tyler............................. President, V ice President Tyler Tyler Ban k a n d Trust C o m p a n y .................................... President, V ice President, C a sh ie r V e rno n The H e rrin g N a tio n a l B ank o f V e r n o n ......................... President, V ice President, C a sh ie r Ve rno n The W a g g o n e r N a tio n a l B an k o f V e rn o n ...................... President, V ice President W aco Lake A ir N a tio n a l B a n k of W a c o ................................ President W aco The N a tio n a l C ity B an k o f W a c o .................................. C h a irm a n , President, V ice President, C a sh ie r W e a th e rfo rd The M e rc h an ts a n d Farm ers State B ank o f W e ath erfo rd . President W h a rto n Security B a n k a n d Trust C o m p a n y ................................ C h a irm a n , President, V ice President, C a sh ie r C a sh ie r 9 Directors of the Federal Reserve Bank of Dallas A s of September 9, 1966 Elected by banks in Group Occupation Name Class Term Expires Dec. 31 M urray K y g e r ........................ Chairm an of the Board, The First National Bank of Fort W orth, Fort W orth, Texas 1 A 1966 Ralph A . P o r t e r ................... President, The State National Bank of Denison, Denison, Texas 2 A 196 8 J. Edd M cLaughlin President, Security State Bank & Trust Company, Ralls, Texas 3 A 1967 H. B. Z a c h r y ........................ Chairm an of the Board, H. B. Zachry Com pany, San Antonio, Texas 1 B 1967 D. A. H u l c y ........................ Chairm an of the Board, Lone Star G a s Com pany, Dallas, Texas 2 B 1966 J. B. Perry, Jr.......................... President and G eneral M a n a ge r, Perry Brothers, Inc., Lufkin, Texas 3 B 1968 Carl J. T h o m s e n ................... Chairman Senior Vice President, Texas Instruments Incorporated, Dallas, Texas Appointed by the Board of G overnors of the Federal Reserve System C 1967 M a x L e v i n e ........................ Deputy Chairman Retired Chairm an of the Board, Foley’s, Houston, Texas Appointed by the Board of G overnors of the Federal Reserve System C 1966 Appointed by the Board of G overnors o f the Federal Reserve System C 1968 . . . . Kenneth S. P itz e r................... President and Professor of Chemistry, Rice University, Houston, Texas