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F ederal Reserve Bank of Dallas DALLAS, TEXAS 75222 Circular No. 76-124 August 31, 1976 ELECTION OF DIRECTORS N O M IN A T IO N PROCEDURES To All M e m b e r Banks in th e 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, 1976: Class A Director — Gene D. Adams President The First National Bank of Seymour Seymour, Texas Class B Director — Stewart Orton President Foley’s Division of Federated Department Stores, Inc. Houston, Texas Mr. Adams, the Class A Director, was elected by banks in Group 3, consisting of banks having capital and surplus of under $1,000,000, and his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. Adams will have served one full three-year term. He is eligible for re-election. Mr. Orton, the Class B Director, was elected by banks in Group 1, consisting of banks having capital and surplus of $6,000,000 and over, and his successor will be chosen by the banks in this group. At the conclusion of his present term, Mr. Orton will have served one full three-year term. He is eligible for re-election. 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 te of this letter, even though its capital and surplus may subsequently change prior to the date of the election. Except in the case of any member banks that are subsidiaries of the same bank holding company,* each bank in Group 1 is permitted to nominate one candidate for Class B Director and each bank in Group 3 is permitted to nominate one candidate for Class A Director. The n om inations must b e m a d e by resolution of th e Board of Directors, certified to m e a n d received in my office on or b e fo re O ctober 1, 1976. A form and return envelope for this purpose are enclosed. On October 8, 1976, 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 October 13, 1976, and close at 2 p.m. on October 28, 1976. At that time the ballot box 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. ^Section 4 of th e Federal Reserve Act, a s a m e n d e d , re a d s in p a rt a s follows: “ . . . That whenever any member banks within the same Federal Reserve district are subsidiaries of the same bank holding company within the meaning of the Bank Holding Company Act of 1956, participation in any such nomination or election by such member banks, including such bank holding company if it is also a member bank, shall be confined to one of such banks, which may be designated for the purpose by such holding company." In this connection, the Board of Governors of the Federal Reserve System has ruled that a holding company affiliate, having one or more subsidiary banks in each of the three groups into which member banks of a Federal Reserve district are divided for the purpose of electing directors, may designate one such bank in each group to participate in the nomination and election of each Class A Director and each Class B Director chosen by the group of which such bank is a member, and such member bank so designated may validly participate in such nomination and election. Accordingly, b a n k s in G roups 1 a n d 3 affected by th e forego in g provision of la w a r e re q u e ste d to ta k e pro m pt action to h a v e the a p p r o p r ia te b a n k h olding c o m p a n y d e sig n a te , if it h a s not a lr e a d y d e s ig n a te d , o n e of such b a n k s to particip ate in this election. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) 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 pages. Inasmuch as the authority conferred on these officers continues 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 of 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 hile the b a n k s in G roup 2 will n ot vote in this election, this circular is se n t to them , w ith o u t forms, for their inform ation. Group 2 consists of member banks with combined capital and surplus of $1,000,000 and over, but under $6,000,000. Sincerely yours. Chairman of the Board Enclosures (2) Inform ation Concerning E ligibility 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 be actively engaged in their district in commerce, agriculture, or some other industrial pursuit.” “ No director of Class B shall be an officer, director, or employee of any bank." “ No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal Reserve Bank.” In a resolution adopted December 23, 1915, the Federal Reserve Board expressed the opinion . . that persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks.” Under interpretations of the Board of Governors of the Federal Reserve System, a person whose sole occupation is that of an officer of an insurance company or of a savings and loan association is not eligible for election as a Class B director of a Federal Reserve Bank. GROUP 1 Consists of all member banks having capital and surplus of $6,000,000 and over. B anks in this g ro u p elect o n e Class B Director. LOUISIANA Location Monroe Monroe Shreveport Shreveport Name of Bank or Trust Company Officers Authorized to Cast Vote Central Bank ........................................................................... The Ouachita National Bank in Monroe.............................. . Commercial National Bank in Shreveport............................ The First National Bank of Shreveport................................ ............ Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier TEXAS Location Abilene Abilene Amarillo Amarillo Austin Austin Austin Austin Beaumont Beaumont Corpus Christi Corpus Christi Dallas Dallas Name of Bank or Trust Company Officers Authorized to Cast Vote The Citizens National Bank in Abilene.................................... ........ First National Bank of Abilene.................................................. ........ Amarillo National Bank............................................................. ........ President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier The First National Bank of Amarillo.......................................... ........ President, Cashier The American National Bank of Austin.................................... ........ Chairman, President, Vice President The Austin National Bank........................................................... ........ President, Vice President The Capital National Bank in Austin........................................ ........ Chairman, Vice President, Cashier City National Bank of Austin..................................................... ........ President The American National Bank of Beaumont........................ ..... ........ Chairman, President, Vice President, Cashier First Security National Bank of Beaumont................................ ........ Chairman, President, Senior Vice President, Vice President, Cashier Corpus Christi Bank and Trust........................................................... President Corpus Christi National Bank.................................................... ........ Chairman, President, Vice President, Cashier First National Bank in Dallas............................................................. Chairman, President, Vice President, Cashier Mercantile National Bank at Dallas................................................... Chairman, Chairman of Executive Committee, President, Vice President, Cashier ... President, Cashier The National Bank of Commerce of Dallas............................ Dallas Dallas Dallas El Paso El Paso Fort Worth Republic National Bank of Dalfas.............................................. Texas Bank & Trust Company of Dallas.................................... El Paso National Bank................................................................. The State National Bank of El Paso................................................ . Continental National Bank of Fort Worth.......... ..................... ........ Fort Worth The First National Bank of Fort Worth...................................... ....... 3 Chairman, President, Vice President, Cashier Chairman, President, Vice President President Chairman, President, Executive Vice President, Cashier Chairman, President, Vice President, Cashier GROUP 1 — Continued TEXAS — Continued Location Name of Bank or Trust Company Officers Authorized to Cast Vote Fort Worth Houston Houston Houston Houston Houston Houston Houston Lubbock Lubbock The Fort Worth National Bank.......................................................... . Bank of the Southwest National Association, Houston................... . Capital National Bank........................................................................ . First City National Bank of Houston.................................................. . First International Bank in Houston ................................................ . Houston National Bank....................................................................... . Southern National Bank of Houston.................................................. . Texas Commerce Bank National Association................................... . First National Bank at Lubbock........................................................ . The Lubbock National Bank............................................................... . Lubbock Midland San Antonio San Antonio San Antonio San Antonio San Antonio Victoria Victoria Waco Waco Wichita Falls Wichita Falls Texas Commerce Bank National Association ................................. . The First National Bank of Midland.................................................. . The Alamo National Bank................................................................. . Bexar County National Bank of San Antonio.................................... . The Frost National Bank of San Antonio.......................................... . National Bank of Commerce of San Antonio................................. . The National Bank of Fort Sam Houston.......................................... . First Victoria National Bank............................................................... . Victoria Bank & Trust Company........................................................ . The Citizens National Bank of Waco................................................ . The First National Bank of Waco...................................................... . City National Bank in Wichita Falls.................................................. . The First-Wichita National Bank of Wichita Falls........................... 4 President, Vice President, Cashier Chairman, President, Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, Executive Vice President Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Executive Vice President, Senior Vice President, Vice President, Cashier President Chairman, President, Executive Vice President, Cashier President, Chairman of Executive Committee President, Vice President, Cashier President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President Chairman, President President President, Vice President Chairman, President, Vice President Inform ation Concerning Eligibility for Class A Directorship o f 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 are members of the same group as the member bank of which he is an officer or director.” “ Any person who is an officer or director of more than one member bank shall not be eligible for nomination as a Class A director except by banks in the same group as the bank having the largest ag g reg ate resources of any of those of which such person is an officer or director." “ No Senator or Representative in Congress shall be a member of the Board of Governors of the Federal Reserve System or an officer or a director of a Federal Reserve Bank." In a resolution adopted December 23, 1915, the Federal Reserve Board expressed the opinion “ . . . that persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors or officers of Federal Reserve Banks.” GROUP 3 Consists of all member banks having capital and surplus of under $1,000,000. Banks in this g ro u p elect o n e Class A Director. LOUISIANA Location Name of Bank or Trust Company Officers Authorized to Cast Vote Arcadia Bastrop Delhi First National Bank in Arcadia...... ..................................................... Bastrop National Bank ........................................................................ The First National Bank of Delhi....................................................... Homer Lake Providence Oak Grove Tallulah The Homer National Bank.................................................................... The First National Bank of Lake Providence.................................. West Carroll National Bank of Oak Grove.................................... Southern National Bank at Tallulah................................................. President President President, Executive Vice President, Vice President, Cashier Chairman, President, Vice President, Cashier President President President, Executive Vice President and Cashier, Vice President NEW MEXICO Location Name of Bank or Trust Company Officers Authorized to Cast Vote Clovis Las Cruces Logan First National Bank of Clovis............................................................. Bank of Las Cruces, National Association ...................................... McFarland Brothers Bank .................................................................... President Lordsburg Portales Santa Rosa The Portales National Bank ................................................................ The First National Bank of Santa Rosa ............................................. President, Cashier President, Executive Vice President, Vice President, Cashier Robert B. McFarland, President, E. O. McFarland, Vice President, O. O. Osborn, Jr., Cashier OKLAHOMA Location Antlers Boswell Caddo Coalgate Colbert Hugo Hugo Madill Officers Authorized to Cast Vote Name of Bank or Trust Company First National Bank at Antlers........................................................... Boswell State Bank ............................................................................ Bryan County National Bank ........................................................... . First National Bank in Coalgate......................................................... The First National Bank of Colbert................................................... The Citizens State Bank...................................................................... Security First Naitonal Bank of Hugo............................................... The First National Bank in Madill ..................................................... 5 President, Executive Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President Chairman, President, Vice President, Cashier President Chairman, President, Vice President Cashier Chairman, President, Vice President, Cashier GROUP 3 — Continued TEXAS Location Alamo Heights Albany Aldine Alpine Alvin Alvord Amherst Anderson Andrews Anna Anson Arlington Arlington Arlington Aspermont Athens Atlanta Atlanta Austin Austin Austin Austin Ballinger Bandera Bandera Bastrop Baytown Beaumont Beaumont Bellaire Bells Belton Belton Big Spring Blanco Bogota Bonham Bowie Brae kettvi He Brady Brady Breckenridge Breckenridge Brenham Bridgeport Bronte Brownfleld Brownsville Brownsville Brownwood Burkburnett Byers Bynum Caddo Mills Caldwell Cameron Canadian Canton Celeste Center Childress Chillicothe Cisco Clarendon Officers A u th o r iz e d l o C a s t V o l t N a m e o f B ank o r Trust C o m p a n y Alamo Heights National Bank ......................................................... The First National Bank of Albany.............................................. .... Bank of Harris County, National Association.............................. .... First National Bank in Alpine ..................................................... .... First National Bank of Alvin......................................................... .... Alvord National Bank ................................................................... .... The First National Bank of Amherst ............................................ .... The First National Bank of Anderson .......................................... .... First National Bank of Andrews .................................................. .... President Chairman, President, Vice President Chairman, President President President, Executive Vice President President, Vice President, Cashier President Chairman, President, Vice President, Cashier President The First National Bank of Anna ................................................ .... The First National Bank of Anson .............................................. .... Arlington National Bank ............................................................... .... Central National Bank ................................................................ .... The Metroplex National Bank in Arlington ............................... .... The First National Bank of Aspermont ........................................ The First National Bank of Athens ............................................. .... President, Cashier President, Vice President, Cashier Bob Stone, President President President President, Vice President, Cashier President Chairman, President, Vice President, Cashier President, Vice President The Atlanta National Bank .......................................................... The First National Bank of Atlanta .............................................. Chase National Bank ..................................................................... Community National Bank ............................................................ .... Union National Bank ..................................................................... .... Western National Bank ................................................................. The First National Bank of Baird ................................................ .... The First National Bank of Ballinger .......................................... . The First National Bank of Bandera ............................................ First State Bank ............................ ................................................. .... The First National Bank of Bastrop.............................................. Texas National Bank of Baytown ................................................ Citizens National Bank of Beaumont .......................................... Gateway National Bank of Beaumont ........................................ First National Bank of Bellaire .................................................... The First National Bank of Bells .................................................. The First National Bank in Belton .............................................. The Peoples National Bank of Belton .......................................... The State National Bank of Big Spring ..................................... The Blanco National Bank .......................................................... .... First National Bank in Bogota ................................ ..................... . The First National Bank of Bonham .......................................... .... Bowie National Bank ..................................................................... .... The First State Bank ....................................................................... .... The Brady National Bank ............................................................. .... The Commercial National Bank of Brady ................................. .... Citizens National Bank of Breckenridge ............................ ..... .... First National Bank in Breckenridge ......................................... .... The Brenham National Bank ........................................................ .... The First National Bank of Bridgeport ........................................ First National Bank in Bronte ...................................................... .... The First National Bank of Brownfield ........................................ .... Brownsville National Bank .......................................................... .... National Bank of Commerce of Brownsville ............................. .... Citizens National Bank at Brownwood ...................................... .... First National Bank in Burkburnett .............................................. .... The First National Bank of Byers ................................................ .... The First National Bank of Bynum .............................................. .... The State National Bank of Caddo Mills ................................... .... Caldwell National Bank ........................................... .................. .... First National Bank in Cameron .................................................. .... The First National Bank of Canadian .......................................... .... The First National Bank of Canton ................................................... The First National Bank of Celeste ................................................. First National Bank in Center ...................................................... ..... The First National Bank in Childress ......................................... ..... The First National Bank of Chillicothe ....................................... ..... First National Bank in Cisco ....................................................... .... The Farmers State Bank and Trust Company of Clarendon, Clarendon, Texas ............................................................................ 6 President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President President Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President, Cashier President, Vice President President, Vice President President, Vice President, Cashier Cashier Vice President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President Chairman, President, Vice President, Cashier Raymond E. Barr, President President President President President Chairman, President, Vice President, Cashier Cashier President, Vice President, Cashier President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Cashier President Chairman, President, Vice President President GROUP 3 — Continued TEXAS — Continued L ocation Clarksville Clarksville Claude Clute Coleman College Station Colleyville Colorado City Comanche Commerce Cooper Cooper Corpus Christi Corpus Christi Corsicana Cotulla Crosbyton Crowell Cushing Daingerfleld Dalhart Dallas Dallas Dallas Dallas Dallas Dallas Dallas Dallas Darrouzett Dawson Decatur Deer Park Del Rio Deport Dublin Dumas Dumas Duncanville Duncanville Eagle Lake Eastland Edgewood Edinburg Edna El Campo El Paso El Paso El Paso Eldorado Emory Evant Fabens Fairfield Falfurrias Falls City Farmersville Ferris Floresville Floydada Follett Forney Fort Hood Fort Stockton Name of Bank or Trust Company Officers A u t h o r iz e d t o C a s t V ote First National Bank in Clarksville .................................................. . Red River National Bank in Clarksville ............................................ . The First National Bank o f Claude ..................... ........................... . Chemical National Bank ................................................................... First Coleman National Bank of Coleman ...................................... . University National Bank of College Station ................................. . First National Bank of Colleyville .................................................... . The City National Bank of Colorado City....................................... . The Comanche National Bank .......................................................... . The First National Bank of Commerce ............................................ . The Delta National Bank of Cooper ................................................ . President Vice President Chairman, President, Vice President, Cashier Pan American National Bank of Dallas .......................................... . Royal Commerce Bank, National Association ............................... . Village Commerce Bank, National Association ............................. . Trinity National Bank of Dallas ................. .................................... . The First National Bank of Darrouzett ............................................ . The First National Bank of Dawson ................................................ . President Pat Martin, President President President President, Cashier Chairman, President, Vice President Chairman, President, Vice President, Cashier Executive Vice President President Cashier President Chairman, President, Vice President President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman President President, Cashier Chairman, President, Vice President, Cashier Cashier President, Vice President President Chairman, President, Vice President, Cashier President Cashier Quentin Miller, President The First National Bank in Cooper .................................................. Vice President Gulfway National Bank of Corpus Christi .......................... ........... Chairman, President, Executive Vice President, Vice President, Cashier Nueces National Bank ....................................................................... . President President, Vice President, Cashier Corsicana National Bank ................................................................ Stockmens National Bank in Cotulla ................................................ Chairman, President, Vice President Citizens National Bank of Crosbyton ............. ... .......................... . President, Vice President Crowell State Bank ........................................................................... . Chairman, President, Vice President, Cashier The First National Bank of Cushing ................................................ . President The National Bank of Daingerfleld .................................................. . President First National Bank in Dalhart ........................................................ . President Casa Linda Commerce Bank, National Association...................... . President Commercial National Bank of Dallas .............................................. . President Fidelity Commerce Bank, National Association ............................. . Rex Morris, President Chairman, President, Vice President, Cashier Love Field National Bank ................................................................ The First National Bank in Decatur .............................................. . First National Bank of Deer Park ....... ........................................... . ■ Del Rio National Bank .................................................................. The First National Bank of Deport .................. .............................. . The Dublin National Bank .............................................................. . First National Bank of Dumas .......................................................... . First State Bank ................................................................................. . First National Bank of Duncanville ..... ........... ............................. . Western National Bank ..................................................................... . The First National Bank of Eagle Lake .......................................... ■ Eastland National Bank ................................................................... . The First National Bank of Edgewood ........................................... . National Bank of Commerce ............................................................ First National Bank of Edna ............................................................ . The First National Bank of El Campo.............................................. First International Bank in El Paso, National Association.............. Franklin National Bank ..................................................................... . Montwood National Bank ................................................................. . The First National Bank of Eldorado ............. ................................ . The First National Bank of Emory .................................................. . The First National Bank of Evant .................................................... . The First National Bank of Fabens .................................................. . First National Bank ........................................................................... . The First National Bank in Falfurrias .............................................. . The Falls City National Bank .......................................................... . First National Bank at Farmersville .............................................. . Farmers & Merchants State Bank .................................................... . First City National Bank of Floresville ............................................ The First National Bank of Floydada .............................................. . The Follett National Bank ................................................................ . The Farmers National Bank of Forney ............................................ . Fort Hood National Bank ............ ...................................................... , First National Bank of Fort Stockton ................................................ , 7 Vice President, Cashier President, Cashier President President President, Vice President, Cashier Vice President, Cashier President, Vice President President Chairman, President, Vice President, President Chairman, President, Vice President, Chairman, President, Vice President, President, Vice President Chairman, President, Vice President, President, Cashier President Vice President, Cashier Vice President Chairman, President, Vice President, Chairman, President, Cashier Cashier Cashier Cashier Honorary Vice Cashier GROUP 3 — Continued TEXAS — C ontinued Location Fort Worth Fort Worth Fort Worth Franklin Galveston Galveston Garland Gatesville George West Georgetown Giddings Gilmer Gilmer Glen Rose Goliad Gonzales Gordon Gorman Graford Graham Graham Granbury Grand Prairie Grand Prairie Grand Saline Granger Granger Officers Authorized to Cast Vote Name of Bank or Trust Company Everman National Bank of Fort Worth ............................................ . Meadowbrook National Bank .......................................................... . The National Bank of Texas at Fort Worth ................................... . The First National Bank of Franklin ................................................ . Bank of Galveston, National Association ....................................... . University National Bank ................................................................ . American National Bank of Garland .............................................. The National Bank of Gatesville .................................................... First National Bank in George W e s t................................................ . The First National Bank of Georgetown ....................................... The First National Bank of Giddings .............................................. The Farmers and Merchants National Bank of Gilmer ................ . The First National Bank of Gilmer .................................................. . President President Chairman, President President, Vice President, Cashier Chairman, President, Vice President, Chairman, President President Chairman, President, Vice President, Cashier Chairman, President, Vice President, President Vice President Chairman, President, Vice President, The First National Bank in Glen Rose .... .... .............................. The First National Bank of Goliad .................................................. The First National Bank of Gonzales ............................................. The First National Bank of Gordon ........... .................................. The First National Bank of Gorman ................................................. First National Bank, Graford ............................................................ First National Bank in Graham ........................................................ The Graham National Bank ............................................... .............. The First National Bank of Granbury ............................................... Midway National Bank of Grand Prairie ........................................ National Bank of Grand Prairie ....................................................... First National Bank of Grand Saline .............................................. President, Vice President Vice President, Cashier President, First Vice President, Cashier President, Vice President, Cashier President President Cashier Vice President Vice President and Cashier President President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier Chairman, President President, Vice President, Cashier W. T. Johnson, Vice President President, Vice President Chairman, President, Vice President, Cashier President, Cashier Chairman, President, Vice President President President Vice President Chairman, President, Vice President Chairman, President, Vice President, Cashier Groom Hale Center Hallettsville Hamilton Hamilton Hamlin Harlingen Harris County Harris County Haskell Hebronville Henrietta Hico Higgins Hillsboro The First State Bank ........................................................................... The Granger National Bank ............................................................ The State National Bank of Groom ................................................... The First National Bank of Hale Center............................................ First National Bank of Hallettsville ................................................. First National Bank of Hamilton ........................................................ The Hamilton National Bank ........................................................... The Farmers & Merchants National Bank of Hamlin...................... Plaza National Bank .......................................................................... Colonial National Bank ................................................. .................... First National Bank of Stafford ....................................................... Haskell National Bank ......................................................................... The First National Bank of Hebronville .......................................... . The First National Bank of Henrietta ............................................... The First National Bank of Hico ....................................................... First National Bank in Higgins ........................................................ . The Citizens National Bank of Hillsboro ........................................ . Hondo Houston Houston Houston Houston Houston Houston Houston The Hondo National Bank ............................................................... . Bank of Woodlake, National Association ...................................... . First City Bank-lnwood Forest, National Association ................... . First City Bank-Executive Plaza, National Association ........ ........ . Gulf Coast National Bank ................................................................. . Gulf Southern National Bank .......................................................... . Heritage National Bank ................................................................... . Houston Intercontinental National Bank ....................................... Cashier Cashier Cashier Cashier Houston Houston Cashier President Chairman, President President President President President, Vice President, Cashier Chairman, President, Executive Vice President, Vice President, Cashier Houston State Bank ........................................................................... . President Inwood Commerce Bank, N. A ........................................................... . Chairman, President Houston Pan American National Bank .......................................................... President Houston Hughes Springs Humble Humble Hurst Ingleside The Village National Bank .............................................................. . The First National Bank of Hughes Springs ................................. . American National Bank ................................................................... . Kingwood Commerce Bank, N.A....................................................... . First National Bank of Hurst ............................................................. . First National Bank of Ingleside ..................................................... . Chairman, President, Vice President Chairman President, Cashier President Chairman, President, Vice President, Cashier Chairman, President, Vice President, Cashier, or any other officer 8 GROUP 3 — Continued TEXAS Location Iowa Park Irving Itasca Jacksboro Jacksboro Jasper Jefferson Joshua Junction Junction Karnes City Katy Kaufman Kemp Kenedy Kermit Kingsville Kountze Kress La Coste La Feria La Grange La Marque La Porte Ladonia Lake Jackson Lampasas Leonard Linden Lipan Littlefield Lockhart Lockney Lufkin Luling Madisonville Marfa Marlin Mart Mart Mason Matador Mathis McAllen McAllen McGregor McKinney McLean Melvin Memphis Menard Mercedes Merkel Mertzon Mesquite Mexia Midlothian Mineola Mineral Wells Mission Monahans Montgomery County Moody Moran Mount Calm — Continued Name of Bank or Trust Company Officers Authorized to Cast Vote The State National Bank of Iowa Park ............................................ First National Bank of Irving .......................................................... The First National Bank of Itasca ................................................ The First National Bank of Jacksboro ........................................... The Jacksboro National Bank ........ ...... .............. ..................... First National Bank of Jasper ..................................................... .. . The First National Bank of Jefferson ............................................. . The First National Bank in Joshua .................................................. First State Bank ................................................................................. . Junction National Bank ............................................................... . The Karnes County National Bank of Karnes City........................ Katy National Bank ........................................................................... First National Bank in Kaufman ................ .................................. The First National Bank of Kemp ........................................ First-Nicho!s National Bank of Kenedy .......................................... First National Bank of Kermit . . . .............................................. Mercantile National Bank of Kingsville ..... ................................. Peoples State Bank of Kountze ................................................... Kress National Bank ......................................... ................................ The La Coste National Bank . ................................................. The First National Bank of La Feria ................................................. The First National Bank of La Grange ............................................. First National Bank of La Marque .................................... ........... Bayshore National Bank of La Porte .............................................. Farmers & Merchants State Bank . .......................... ..................... First National Bank of Lake Jackson ............................................... The Peoples National Bonk of Lampasas ........................................ The Leonard National Bank ............................................................. The First National Bank of Linden ................................................... The First National Bank Lipan ......................................................... The First National Bank of Littlefield ............................................... First-Lockhart National Bank ............................................................. First National Bank in Lockney .......................................................... Texas National Bank of Lufkin ........................................................ .. The First National Bank in Luling ...................................................... The First National Bank of Madisonville ........................................ The Marfa National Bank ................................................................. Marlin National Bank ....................................................................... . The Farmers and Merchants National Bank of Mart ..................... . The First National Bank of Mart ........................................................ The Mason National Bank ........ ...................................................... . The First State Bank of Matador ........................................................ First State Bank of Mathis ................................................... ............. . Metropolitan National Bank ...................................... .................... The Valley National Bank ................................................................ . The First National Bank of McGregor .............................................. . Central National Bank of McKinney ............................................... American National Bank in McLean .............................................. Ranchlander National Bank ............................................................ . The First National Bank of Memphis .............................................. . The Menard National Bank .............................................................. . The First National Bank of Mercedes .............................................. . The Farmers and Merchants National Bank of Merkel.................. . The First National Bank of Mertzon ................. ............................ . The First National Bank of Mesquite .............................................. . First National Bank of Mexia ........................ .................................. . First National Bank in Midlothian ............. .................................... . The First National Bank in Mineola ............................... ................ . The City National Bank of Mineral Wells ..................................... . First National Bank of Mission ........................................................ . First National Bank of Monahans .................................................... . Montgomery County Bank, National Association ........................... . The First National Bank of Moody .................................................. . The Moran National Bank ................................................................ . The First National Bank in Mount Calm ....................................... 9 Chairman, President, Vice President, Cashier President President, Vice President Chairman, President, Vice President, Cashier Chairman, Vice President, Cashier President President President President, Vice President, Chairman, President, Vice Chairman, President, Vice Eddie Garrison, President President Chairman, President, Vice President, Vice President President President, Cashier President Cashier Chairman, President, Vice Chairman, President, Vice Cashier President, Cashier President, Cashier President, Cashier President President, Cashier President President, Vice President, Cashier President Chairman, President, Vice President, Cashier President Cashier President Chairman, President, Vice President, Cashier President President President, Vice President, Cashier Chairman, President, Vice President, Cashier President, Vice President Chairman, President, Vice President, Cashier, Assistant Cashier President, Cashier W. E. Beard, President President, Vice President, Cashier President, Vice President Vice President President, Cashier President Chairman, President, Vice President, Cashier President, Vice President, Cashier Chairman, President, Vice President, Cashier Vice President President President, Vice President President H. G. George, Executive Vice President President President, Cashier President President, Vice President, Cashier Chairman, President, Vice President, Cashier Cashier President Chairman, President, Vice President, Cashier Executive Vice President, Vice President President President President Chairman, President, Vice President, Cashier GROUP 3 — Continued TEXAS Location — C o n tin u e d Officers Authorized to Cast Vote Na me of Bank or Trust Company M o u n t P le a sa n t The First N a t i o n a l Ba nk in M o u n t P l e a s a n t ............................................. . Mo unt Vernon Th e First N a t i o n a l B a n k o f M o u n t V e r n o n ............................................... . P r e s i d e n t , Vi ce P r e s i d e n t P r e s id e n t , V ic e P r e s id e n t M u le s h o e First N a t i o n a l Ba nk o f M u le s h o e .................................................................... . President Munday First N a t i o n a l B an k in M u n d a y ....................................................................... . P r e s i d e n t , Vice P r e s i d e n t , C a s h i e r N aples The M or ri s C o u n l y N a t i o n a l B an k o f N a p l e s .......................................... . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Navasota The First N a t i o n a l B a n k o f N a v a s o t a .......................... ............................... . P r e s id e n t , V ic e P r e s id e n t , C a s h ie r N e w Boston The First N a t i o n a l Ba nk of N e w Bos ton ......................... ........................... . C h a i r m a n , P r e s id e n t , Vice P r e s id e n t , C a s h i e r N e w B raunfels N e w Br a un f e ls N a t i o n a l Ba nk .......................................................................... . P r e s id e n t N e w c a s tl e Fa r me r s N a t i o n a l Ba nk of N e w c a s tl e ....................................................... P r e s id e n t , V ic e P r e s id e n t N e w to n The First N a t i o n a l Ba nk of N e w to n ............................................................... . Vi ce P r e s i d e n t President, Cas hie r Nocona Th e F a r m e r s a n d M e r c h a n t s N a t i o n a l B a n k o f N o c o n a .................... . Nocona First N a t i o n a l B an k o f N o c o n a ..................................................................... . P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Nordheim Th e First N a t i o n a l B a n k o f N o r d h e i m .......................................................... . C as hie r O ’D on ne ll The First N a t i o n a l B a n k o f O ' D o n n e l l ....................................................... . President O a k Hill O a k Hill N a t i o n a l B a n k ................................................................................ O lney The First N a t i o n a l Ba nk of O l n e y ............................................................... ■ P r e s id e n t, C a s h ie r , A s s i s ta n t C a s h ie r Pr e s id e n t , V ic e P r e s id e n t , C a s h i e r Paducah The First N a t i o n a l Bank .................................................................................. Pr e s id e n t P a l e st in e The Ea st Te x a s N a t i o n a l B a nk o f P a l e s t in e .......................................... . President Pale stine The First N a t i o n a l B an k o f P a l e s t i n e .......................................................... . P r e s i d e n t , V i ce P r e s i d e n t , C a s h i e r Palestine T he Royal l N a t i o n a l B an k o f P a l e s t i n e ..................................................... . P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Panhandle Th e First N a t i o n a l B an k o f P a n h a n d l e ....................................................... . President Pasadena P a s a d e n a N a t i o n a l B a n k .................................................................................... C h a i r m a n , P r e s i d e n t , V ic e P r e s i d e n t Perryton The First N a t i o n a l B a n k o f P e r r y t o n ................................................................ . President Perryton The P e r r y t o n N a t i o n a l B a n k .................... Pilot P oint The Pilot Point N a t i o n a l Bank .................... ..... ............... ......... ....... ........ E x e c u tiv e V ic e P r e s id e n t ........ P r e s id e n t , C a s h i e r P i t tsbu rg The Pittsb ur g N a t i o n a l Ba nk ............................................................................. . P l a no The First N a t i o n a l Ba nk o f Pla no .......................................................... ........ ■ P r e s id e n t P ost The First N a t i o n a l Ba nk o f Post .................................................................... . President Poth Th e First N a t i o n a l B an k o f Poth ..................................................................... . President Quanah First N a t i o n a l B a n k o f Q u a n a h ....................................................................... . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r P r e s id e n t Quanah The S e c u r i t y N a t i o n a l B a n k o f Q u a n a h ..................................................... . P r e s i d e n t , E x e c u t i v e Vi ce P r e s i d e n t Q uitaque T he First N a t i o n a l B an k o f Q u i t a q u e .......................................................... P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Q uitm an The First N a t i o n a l B a n k o f Q u i t m a n ........................................................... Presid ent Ralls S e c u r i t y S t a t e Bank & Trust C o m p a n y .......................................................... . C h a i r m a n , P r e s i d e n t , V i ce P r e s i d e n t , C a s h i e r R an k i n T h e First S t a t e B a n k o f R an k i n ....................................................................... P r e s i d e n t , V i ce P e r s i d e n t , C a s h i e r Rhome The First N a t i o n a l B an k in R h o m e ............................................................... C as hie r Richardson C a n y o n C r e e k N a t i o n a l B a n k .......................................................................... Richardson First N a t i o n a l B an k o f R i c h a r d s o n ............................................................... . Richardson P rom enade National . P r e s id e n t , V ic e P r e s id e n t , C a s h i e r R i c hmond The First N a t i o n a l Ba nk of Ric hm on d ................................................. ....... . P r e s id e n t , V ic e P r e s id e n t , C a s h i e r R i c hmond The For t Be nd N a t i o n a l Ba nk o f R i c h mo n d .............................................. . P r e s id e n t , E x e c u tiv e Vice P r e s id e n t R o b s town S t a t e N a t i o n a l Ba nk of Rob sto wn .................................................................. . C h a i r m a n , P r e s id e n t, V ic e P r e s id e n t , C a s h i e r R o c ks pr ings Pe o pl e s S t a t e Ba nk ............................................................................................... Pr e s id e n t , V ic e P r e s id e n t Rockwall L a k e s id e N a t i o n a l Ba nk ........................................................................................ . P r e s id e n t B an k ..................................................................... . C h a i r m a n , P r e s i d e n t , V ic e P r e s i d e n t a n d C a s h i e r Rockwall Rockwall Ba nk , N a t i o n a l A ss o c i a t i o n ........................................................... . Presid ent Rosebud The First N a t i o n a l B a n k o f R o s e b u d .............................................................. C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Rosebud The P l a n t e r s N a t i o n a l B a n k o f R o s e b u d ................................................... President, V ice President, Cash ie r Rosenberg The First N a t i o n a l B a n k o f R o s e n b e r g ........................................................ C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Ro ta n Th e First N a t i o n a l B a n k o f R ot a n ................................................................... President R o u n d Rock First N a t i o n a l B a n k o f R o u n d Rock ............................................................. Ro we n a T h e First N a t i o n a l B a n k o f R o w e n a ............................................................. . C ashie r Roxt on Th e First N a t i o n a l B an k o f R o xt on ............................................................... . President Royse Cit y C i t i z e n s S t a t e B a n k ............................................................................................... . P r e s i d e n t , V i ce P r e s i d e n t Rule Th e F a r m e r s N a t i o n a l B a n k o f Rule, T e x a s ............................................. . Cashie r S a in t Jo Th e First N a t i o n a l B a n k o f S a i n t J o ............................................................. . President, Cashie r San A ngelo W e s t S i d e N a t i o n a l B an k o f S a n A n g e l o ................................................... . C h a i r m a n , P r e s i d e n t , V i ce P r e s i d e n t , C a s h i e r S an Anto nio Ch ur ch il l N a t i o n a l B an k ....................................................................................... . Presid ent S an Anto nio C i t i z e n s N a t i o n a l B an k o f S a n A n t o n i o ..................................................... . Presid ent S an A ntonio C o l o n i a l N a t i o n a l B a n k ................................................ ......................... .......... . C h a i r m a n , P r e s id e n t, V ic e P r e s id e n t , C a s h i e r S a n A n to n io E i se n h o w e r N a t i o n a l Ba nk ............................................................................... . P r e s id e n t , E x e c u tiv e Vice P r e s id e n t S a n A n to n io La c k la nd N a t i o n a l Bank of Sa n A n t o n i o ................................................... P r e s id e n t , V ic e P r e s id e n t, C a s h ie r San Antonio Libe rty N a t i o n a l Ba nk o f S a n A n t o n i o ...................................................... . C h a i r m a n , P r e s id e n t , V ic e P r e s id e n t , C a s h ie r San Antonio S e c ur it y N a t i o n a l Ba nk o f S a n A n t o n i o ..................................................... . P r e s id e n t S a n A nt on io Va lle y- Hi N a ti o n a l B a nk o f S a n A n to n io .................................................. . P r e s i d e n t , V i ce P r e s i d e n t San Augustine T h e First N a t i o n a l B a n k of S a n A u g u s t i n e ................................................ . C h a i r m a n , P r e s i d e n t , Vice P r e s i d e n t , C a s h i e r S an Marcos T h e First N a t i o n a l B an k o f S a n M a r c o s ..................................................... Ex e cu t i ve Vi ce P r e s i d e n t 10 GROUP 3 — Continued TEXAS — C o n t in u e d Location Na me of Bank or Trust Company Officers Authorized to Cast Vote San S aba The City N a t i o n a l Ba nk o f S a n S a b a .......................................................... . P r e s id e n t , Vice P r e s id e n t , C a s h i e r San S aba The Sa n S a b a N a t i o n a l Ba nk .......................................................................... . C h a i r m a n , P r e s id e n t , V ic e P r e s id e n t , C a s h i e r Sanger The First N a t i o n a l Ba nk o f S a n g e r ................................................................ . C a s h ie r Santa Anna The S a n t a A n n a N a t i o n a l Ba nk ....................................................................... . V i ce P r e s i d e n t , C a s h i e r Santo T h e First N a t i o n a l B a n k o f S a n t o .................................................................. . C ashie r Schulenburg T he First N a t i o n a l B a n k o f S c h u l e n b u r g ..................................................... . President S chwertner T h e First N a t i o n a l B an k o f S c h w e r t n e r ..................................................... . C ashie r S eguin T he First N a t i o n a l Bank o f S e g u i n ................................................................ . C h airm an , President, C as h ie r Seguin T h e N o l l e N a t i o n a l B a n k o f S e g u i n ............................................................. . Chairman Seymour The F a r m e r s N a t i o n a l B an k o f S e y m o u r ..................................................... . Vi ce P r e s i d e n t Seymour The First N a t i o n a l B a n k o f S e y m o u r .......................................................... . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r S hamro ck T he First N a t i o n a l B an k o f S h a m r o c k ........................................................ . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Sherman T e x o m a N a t i o n a l B a n k o f S h e r m a n ............................................................. . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Shiner T he First N a t i o n a l B a n k o f S h i n e r ............................................................... . C h a i r m a n , P r e s i d e n t , V ic e P r e s i d e n t , C a s h i e r Silsbee First N a t i o n a l B an k o f S i l s b e e , T e x a s ....................................................... . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Sonora T h e First N a t i o n a l B a n k o f S o n o r a ....................................... ..................... . P r e s id e n t , C a s h ie r S ta m fo rd The First N a t i o n a l Ba nk in S t a m f o r d .......................................................... . P r e s id e n t , C a s h ie r Stanton The First N a t i o n a l B a nk o f S t a n t o n ................................................................ . Fa r me r s- Fir st N a t i o n a l B a nk o f S te p h e n v il l e .............................................. . P r e s id e n t P r e s i d e n t , Vi ce P r e s i d e n t Stinnett The First N a t i o n a l Ba nk o f S te r li ng Ci ty ...................................................... , First N a t i o n a l B a n k o f S t i n n e t t .......... ............................................................ . Sudan T h e First N a t i o n a l B a n k o f S u d a n ................................................................ . C h a i r m a n , P r e s i d e n t , V ic e P r e s i d e n t , C a s h i e r S t e p h e n v il l e S t e r l i ng City P r e s id e n t , C a s h ie r President Sulphur Springs T h e Ci ty N a t i o n a l B a n k o f S u l p h u r S p r i n g s .............................................. . P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Sulphur Springs P e o p l e s N a t i o n a l B a n k o f S u l p h u r S p r i n g s .............................................. . P r e s i d e n t , Vice P r e s i d e n t , C a s h i e r Ta ft T he First N a t i o n a l B a n k o f T af t ....................................................................... P r e s i d e n t , Vi ce P r e s i d e n t Tahoka T he First N a t i o n a l B a n k o f T a h o k a .................................................................. , C h a i r m a n , P r e s i d e n t , V ic e P r e s i d e n t , C a s h i e r Teague First N a t i o n a l B an k o f T e a g u e ........................................................................ , Presid en t Temple , Presid en t Throckmorton T h e First N a t i o n a l B a n k o f T h r o c k m o r t o n ................................................... P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r Tom B ea n T h e First N a t i o n a l B a n k o f Tom B e a n .......................................................... . Presid ent T re nt . T r e n to n Pre sident, C ashie r . H e n r y D o n a g h e y , P r e s i d e n t , o r Lewis W . D o n a g h e y , C ashie r Tr ini ty Tyl er Tyl er T h e First N a t i o n a l B a n k o f Tr i ni t y ........ ...................................................... . H e r i t a g e N a t i o n a l Ba nk .................................................................................... . . P r e s id e n t , Vice P r e s id e n t Presid ent C h a i rm a n , President U n i v e r s a l Cit y . P r e s i d e n t , Vice P r e s i d e n t , C a s h i e r V a l l e y Mills . C h a i r m a n , P r e s i d e n t , V i ce P r e s i d e n t , C a s h i e r V a l l e y V ie w T h e V a l l e y V i e w N a t i o n a l B a n k .................................................................... . . P r e s id e n t V a n A lstyn e V a n Horn Va n Hor n S t a t e Ba nk of V a n Ho r n , T e x a s ................................................ . P r e s id e n t V e r n on The H e r r i ng N a t i o n a l Ba nk o f V e r n o n ....................................................... P r e s i d e n t , V i ce P r e s i d e n t , C a s h i e r W aco Presid en t P r e s id e n t W axahachie La ke Ai r N a t i o n a l B an k o f W a c o .................................................................. . C i t i z e n s N a t i o n a l B a n k i n W a x a h a c h i e .................................................... . W axahachie Ellis N a t i o n a l Ba nk ............................................................................................... W e atherford Th e Citiz e ns N a t i o n a l Bank o f W e a t h e r f o r d ............................................. . P r e s id e n t W est Th e S t a t e N a t i o n a l B a nk in W e s t .................................................................. . P r e s id e n t W e s t C o lu m b ia W e s t C o lu m b ia N a t i o n a l Ba nk ....................................................................... . C h a i r m a n , P r e s i d e n t , V i ce P r e s i d e n t , C a s h i e r W e s t U n i v er s i t y P l ac e First N a t i o n a l B an k o f W e s t U n i v e rs i t y P l a c e .......................................... W heeler First N a t i o n a l B a n k in W h e e l e r ..................................................................... . W hitehouse First N a t i o n a l B an k o f W h i t e h o u s e ............................................................. . P r e s i d e n t , Vice P r e s i d e n t a n d C a s h i e r W hitesboro President Whitewright S e c u r i t y N a t i o n a l B a n k o f W h i t e s b o r o ....................................................... . T he First N a t i o n a l B a n k o f W h i t e w r i g h t ..................................................... . W hitney First N a t i o n a l B an k i n W h i t n e y ..................................................................... . C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t , C a s h i e r W i c h i t a Falls S o u t h w e s t N a t i o n a l B a n k o f W i c h i t a Fall s ................................................ . C h a i r m a n , P r e s i d e n t , E x e c u ti v e Vice W i l l s Po in t President W innsboro Th e First N a t i o n a l B a n k o f Wi l l s Po in t ........................................................ . Th e First N a t i o n a l B a n k o f W i n n s b o r o ....................................................... . C h a i r m a n , P r e s i d e n t , Vice P r e s i d e n t , C a s h i e r W o l f e Ci ty The W o l f e Ci ty N a t i o n a l B a n k in W o l f e Ci ty ........................................ C h a i r m a n , P r e s i d e n t , Vi ce P r e s i d e n t W o o d s boro Th e First N a t i o n a l B a n k o f W o o d s b o r o ..................................................... . T h e First N a t i o n a l B an k o f W o r t h a m .......................................................... . C ashie r Wortham Yor kt own . C ashie r P r e s id e n t President President P r e s i d e n t , Vice P r e s i d e n t , C a s h i e r Zapata First N a t i o n a l B an k o f Z a p a t a ....................................................................... 11 President C h a i rm a n , President, C ashie r Directors of the Federal Reserve Bank of Dallas As of August 31, 1976 Elected by banks inGroup Class Term Expires Dec.31 Robert H. Stewart, III. . . . Chairman of the Board, First International Bancshares, Inc.,Dallas,Texas l A 1978 Frank Junell............ Chairman ofthe Board,The Central National Bank of San Angelo, San Angelo, Texas 2 A 1977 Gene D. Adams........ President,The FirstNational Bank ofSeymour, Seymour, Texas 3 A 1976 Stewart Orton.......... President, Foley's,DivisionofFederated Department Stores, Inc., Houston, Texas 1 B 1976 Thomas W. Herrick . . . . 2 B 1978 3 B 1977 Name Occupation Cattle and Investments, Amarillo, Texas Gerald D. Hines........ Owner, Gerald D. Hines Interests, Houston, Texas John Lawrence.......... President, J.Lawrence, Inc., Management Consultants, Chairman Dallas,Texas Appointed by the Board ofGovernors ofthe Federal ReserveSystem C 1976 Charles T. Beaird........ ExecutiveConsultantand Director, Deputy Chairman Beaird-Poulan Division, Emerson ElectricCo., Shreveport, Louisiana Appointed by the Board ofGovernors ofthe Federal ReserveSystem C 1978 Irving A. Mathews........ Chairman oftheBoard and ChiefExecutiveOfficer, Frost Bros., Inc., San Antonio,Texas Appointed by the Board ofGovernors ofthe Federal Reserve System C 1977