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FEDERAL Reserve ba n k o f D allas DALLAS. TEXAS April 29,1957 To All Banks of the Eleventh Federal Reserve District: This is to advise th at the Sabine National Bank of Port Arthur, Port Arthur, Texas, a newly organized institution located in the territory served by the Houston Branch of the Federal Reserve Bank of Dallas, opened for business April 27, 1957, as a member of the Federal Reserve System. The new member bank has capital of $300,000, surplus of $200,000, and undivided profits of $100,000. Its officers and directors are as follows: OFFICERS Walter E. Price, Chairman of the Board James A. Rector, President M. B. Williamson, Jr., Vice President and Cashier DIRECTORS L. J. Giblin Charles Kainer James L. Latimer Leslie Mclnnis Chas. S. Nacol Walter E. Price James A. Rector Harry Roche J. C. Rowland The combined A.B.A. transit and routing symbol number of the new bank is 88-2314. 1131 Yours very truly, Watrous H. Irons 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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