Full text of District Notices (Federal Reserve Bank of Dallas) : [Hampton Oaks State Bank, Houston, Texas, Opened for Business 2-11-47 as a Member of the Federal Reserve System]

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F e d e r a l Re s e r v e B a n k

of

Da l la s

D A L L A S 13. T E X A S

February 14, 1947

To All Banks of the
Eleventh Federal Reserve District
This is to advise that the Hampton Oaks State Bank, Hous­
ton, Texas, a newly organized institution located in the territory
served by our Houston Branch, opened for business today as a
member bank of the Federal Reserve System.
The new bank has paid-in capital funds of $195,000, com­
prised of capital $150,000, surplus $25,000 and undivided profits
of $20,000.
Its officers and directors are as follows:
OFFICERS
J. D. Kirkpatrick, President
W. U. MeCutchen, Executive Vice President
S. N. Adams, Vice President
G. W. Derby, Vice President and Cashier
DIRECTORS
S. N. Adams
A. D. Cobb, Jr.
G. W. Derby
Frank E. Hargis

J. D. Kirkpatrick
W. Albert Lee
W. U. MeCutchen
R. W. Peckham
A. J. Riedel

The new institution is located in an outlying section of
Houston; accordingly, checks drawn on it which are received
for collection by the Federal Reserve Bank Branch, Houston,
will be collected by mail on a deferred basis under the terms of
our current bulletin on Transit Operations.
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)