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FEDERAL RESERVE B AN K OF D ALLAS DALLAS 13, T E X A S June 25, 1949 To All Banks of the Eleventh Federal Reserve District This is to advise that the First National Bank of Hobbs, Hobbs, New Mexico, a newly organized institution located in the territory served by the El Paso Branch of the Federal Reserve Bank of Dallas, opened for business today as a mem ber bank of the Federal Reserve System. The new bank has paid-in capital funds of $250,000, com prised of capital stock $150,000, surplus $50,000, and undi vided profits $50,000. Its officers and directors are as follows: O F F IC E R S Carl R. Landrum, President A . C. K im brough, Chairman o f the Board D r. C. S. Stone, Inactive V ice President W . H. Bailey, V ice President B. L. M itchell, Cashier D IREC TO R S A . C. K im brough Carl R. Landrum G eorge M ansur B. H. Nolen Dr. C. S. Stone Checks drawn on this institution, when received for collec tion by the Federal Reserve Bank Branch, El Paso, will be col lected by mail on a deferred basis under the terms of our current bulletin on Collection of Cash Items. The combined A.B.A. transit number and routing symbol of the new bank is 95-199 1122 Yours very truly, R. R. GILBERT President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
@FedFRASER