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November 18, 1932


To the Member Banks in the
Eleventh Federal Reserve District:
You are advised that the election of Class A and Class B directors of
the Federal Reserve Bank of Dallas by the member banks in Group 2 and
Group 3, respectively, has been duly held, in accordance with the provi­
sions of Section 4 of the Federal *
Reserve Act, and my circular dated
September 21, 1932, the election beginning on November 2, 1932, and clos­
ing at 3:00 P. M., November 17, 1932.
The balloting by the member banks in Group 2 resulted in the election
of Alf Morris, president, First National Bank, Winnsboro, Texas, as Class
A Director, and in Group 3 in the election of John D. Middleton, president,
Texas Refining Company, Greenville, Texas, as Class B Director. Each was
chosen for a term of three years, beginning January 1, 1933.

Yours very truly,

Chairman of the Board.

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (

Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102