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Federal

reserve bank of Dallas
D A L L A S 13. T E X A S

October 22,1947
To AH Banks of the
Eleventh Federal Reserve District
This is to advise that First State Bank of Green’s Bayou,
Houston, Texas, a newly organized institution located in the
territory served by the Houston 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 paid in capital of $50,000, sur­
plus $15,000, and undivided profits $10,000.
Its officers and directors are as follows:
OFFICERS
Richard R. Law, President
Gerald S. Gordon, Vice President and Secretary
William Hyland, Vice President
F. H. Low, Sr., Cashier
DIRECTORS
Richard R. Law
Russell B. Bowles, Jr.
V. L. Morrison
Gerald S. Gordon
William Hyland
Ralph Phillips
Mark Walker

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)