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federal reserve bank of Dallas D A L L A S 13. T E X A S August 1, 1946 To All Banks of the Eleventh Federal Reserve District This is to advise that the Oak Lawn National Bank of Dallas, Dallas, Texas, a newly organized institution located in the territory served by our Head Office, opened for business today as a member of the Federal Reserve System. The new member bank has paid in capital funds of $300,000 comprised of capital $200,000, surplus $50,000, and undivided profits of $50,000. Its officers and directors are as follows: OFFICERS Ben H. Wooten, Chairman of Board Will C. Jones, Jr., President Walter F. Johnson, Vice President and Cashier Harold F. Durr, Assistant Cashier F. G. Henry, Assistant Cashier DIRECTORS Clayton Ayers J. M. Bradshaw B. B. Brown George P. Cullum Delmer David Myron Everts Fred F. Florence Will C. Jones, Jr. Dr. W . G. Maddox Dr. R. B. McBride A . H. Meadows H. N. Pierce J. P. Rice L. J. Sharp Eugene B. Smith C. J. Tyson C. P. Van Winkle D. K. Woodward, Jr. Ben H. Wooten We are informed that checks drawn on the new institution are collectible through the Dallas Clearing House, and accord ingly, cash items received for collection by the Federal Reserve Bank of Dallas will be handled on an immediate credit 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)
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