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federal R e s e r v e B a n k o f Da l l a s DALLAS. TEXAS September 11, 1959 T o A ll B a n k s E le v e n t h o f t h e F e d e r a l R e s e r v e D is t r ic t : This is to advise that the First National Bank of Kermit, Kermit, Texas, 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 member of the Federal Reserve System. The new member bank has capital of $100,000, surplus of $100,000, and undivided profits of $50,000. Its officers and directors, are as follows: OFFICERS J. M. Waddell, President W. R. (Bob) Gamer, Executive Vice President and Cashier Fayne A. Mullen, Vice President DIRECTORS L. R. Nutt W. R. Garner H. H. Simmons J. A. Garza G. E. Smead John R. Graves J. M Waddell . P. C. Harbour R. T. Waddell E. E. Hixson Calvin W. Wesch Fayne A. Mullen The combined A.B.A. transit and routing symbol number of the new bank is 88-2342. 1123 Yours very truly. Watrous H. Irons President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)