Full text of District Notices (Federal Reserve Bank of Dallas) : Results of Election

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F ederal Reserve Bank
OF DALLAS

Dallas, Texas, November 23, 1948

RESU LTS OF ELECTION

To the Member Banks of the
Eleventh Federal Reserve D istrict:
—The election of directors to succeed Mr. W alter P. Napier, Class A di­
rector, and Mr. J . R. Milam, Class B director, whose terms will expire
December 31, 1948, has been held in accordance with the provisions of
Section 4 of the Federal Reserve Act, as amended, and my circulars of
September 30 and November 5, 1948.
The results of*this election are as follows:
Mr. P. P. Butler, President of the F irs t National Bank in Houston,
Houston, Texas, has been elected by member banks in Group 1 as a Class
A director of this bank.
Mr. J . R. Milam, President of the Cooper Company, Inc., Waco, Texas,
has been re-elected by member banks in Group 2 as a Class B director of
this bank.
Each was chosen for a term of three years beginning January 1, 1949.

J . R. PARTEN,
Chairman of the Board

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)