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November 19, 1935


To the Member Bank Addressed:

The election o f directors to succeed Mr. A lf Morris, Class A director, and
Mr. John D. M iddleton, Class B director, whose terms expire December 31, 1935,
has been duly held in accordance with the requirements o f Section 4 o f the Federal
Reserve Act and the provisions o f my circulars, dated September 25 and October
31, 1935.
The results o f the election are as follow s:
Mr. A lf M orris, President, First National Bank, W innsboro, Texas, was reelected
by member banks in Group 2 as Class A director o f this bank.
Mr. John D. Middleton, President o f the Texas Refining Company, Greenville,
Texas, was reelected by member banks in Group 3 as Class B director of this bank.
Each was chosen for a term o f three years, beginning January 1, 1936.
Very truly yours,

Chairman o f the Board

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