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F E D E R A L OF R E S E R V E B A N K DALLAS May 25, 1925. SP E C IA L EL E C T IO N O F C L A S S B D IR ECTOR To Member Banks in Group 1: Mr. Marion Sansom, a Class B Director of this bank, who was elected by banks in Group 1, has tendered his resignation on account of continued ill health. The resignation was accepted at the meeting of the Board of Directors of this bank held on the 5th instant, with much regret. Section 4 of the Federal Reserve Act provides that: “ Vacancies that may occur in the several classes of directors of Federal reserve banks may be filled in the manner provided for the original selection of such directors, such appointees to hold office for the unexpired terms of their predecessors.” Section 4 also provides that Class B Directors, at the time of their election, shall be actively engaged in commerce, agriculture or some other industrial pursuit. Mr. Sansom’s term would have expired December 31, 1925, and in accordance with the provisions of the Act quoted above the Federal Reserve Board has approved the holding of a special election for the selection of Mr. Sansom’s successor. The polls will open on Tuesday, June 16th, and remain open for fifteen days, or up to and including June 30th. Only banks in Group 1 (those with combined capital and surplus in excess of $399,000) will vote in this special election. Forms of resolutions are enclosed, upon which the Board of Directors of your bank may nominate a director and, unless a previous designation of an active officer to cast the ballot has been made, authorize one of your officers (by title only) to do so. These resolutions, duly certified, with seal affixed, should be returned to the undersigned as soon as possible after your Board of Directors has taken action. The officer of your bank who has been previously designated to cast your vote, and whose authority has been certified to the Chairman of this bank, is indicated in the attached list. Where an officer has been designated by name and title, and no change in the name or title of such officer has occurred since the designation was made, no further action is necessary. However, if any person listed no longer holds the title indicated then a new designation should be made by title only. The designation by title is continuous and remains in effect until re voked. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) The period within which these certifications may be made will terminate on June 10th, and nominations received thereafter cannot be listed. On June 11th, or as soon as the list of nominations can be tabulated, there will be mailed to you, for your information, a list of nominees with the names of the nominating banks. At the same time you will be furnished a preferential ballot providing for the recording of the first, second and third choices of director. Within fifteen days after receipt of said list and ballot every bank should forward its vote to the undersigned. The result of the election will be announced on or about July 1st. In returning the enclosed forms please observe the following: Write plainly or typewrite the information requested. Affix the seal of your bank to the certificates. Return the Certificates promptly in the self-addressed envelope enclosed. Only banks in Group 1 will participate in the nomination and election, and this circular is sent to banks in Groups 2 and 3 merely for their information. Yours very truly, LIST OF BANKS COMPOSING GROUP 1 (Banks with Combined Capital and Surplus Exceeding $399,000) (To Elect a Class “B” Director) Louisiana Monroe......................Ouachita National Bank.............................. .T. E. Flournoy, President Shreveport.............. Commercial National Bank .................Val H. Murrell, Cashier Shreveport............ ...Continental Bank & Trust Co...................... Chas. B. Foster, Vice President Shreveport—............ First National Bank........ ........ ...................Andrew Querbes, President New Mexico Albuquerque.......... ..First National Bank.... .................... ......... .C. S. White, Cashier Texas Austin...... Austin...... . Beaumont... Beaumont... Brownsville. Clarksville... Corsicana.— Corsicana.— Dallas......... Dallas......... Dallas......... Dallas......... Dallas......... Dallas.......... Dallas......... Eagle Pass.. El Paso....... El Paso...... Fort Worth. Fort Worth. Fort Worth. Fort Worth. Fort Worth. Gainesville... Galveston.... Galveston.... Galveston.... Galveston.... Greenville.... Houston...... Houston___ Houston...... Houston.... . .American National Bank................... .Austin National Bank......................... .American National Bank................... .First National Bank.......................... .Merchants National Bank................... .Red River National Bank...... ............ ..Corsicana National Bank................... ..First National Bank.......................... American Exchange National BankCentral National Bank....................... .City National Bank............................. .Dallas National Bank......................... .Mercantile National Bank................. .Republic National Bank..................... North Texas National Bank......... ..... .First National Bank.......................... First National Bank.......... ................ State National Bank........ .................. .Continental National Bank................. .Farmers & Mechanics National Bank First National Bank........... ............... Fort Worth National Bank............. . Texas National Bank........................... Lindsay National Bank........................ City National Bank.... ......................... First National Bank................ .......... South Texas National Bank................ United States National Bank............ .Greenville National Exchange Bank. .First National Bank.......................... Houston National Bank...................... National Bank of Commerce....... ...... Second National Bank.......................... ,.Wm. H. Folts J3. R. Norvell, President „P. B. Doty, President -E. J. Tucker, Cashier ..A. M. Graves, President ..J. B. Fortson, President ..Isaac Levy, Asst. Cashier .J. A. Pondrom, President J. C. Tenison, Cashier F. F. Florence, 1st Vice Pres’t E. H. Schmidt, President _R. W. McAfee, Cashier _J. G. Wilkinson, President J. T. Pemberton, Vice Pres’t _R. C. Martin, Cashier ,W. D. Reynolds ,W. L. Smallwood, President .0. E. Powers, Cashier .A. A. Horne, Vice President .Fred W. Catterall, Cashier ,C. G. Sweet, President -J. W. Butler, Vice President -C. B. Jones, Vice President -Cashier Vice President .Jesse H. Jones, President .Guy M. Bryan, Vice President Texas (Continued) Houston......... Houston......... Houston......... Laredo............ Paris...... ....... San Angelo.—. San Antonio... San Antonio... San Antonio... San Antonio... San Antonio... San Antonio... Sherman........ Sherman........ Terrell....... . Terrell______ Texarkana..... Tyler......... . Victoria......... ' Waco........ ..... Waco..... —..... Waxahachie... Wichita Falls. Wichita Falls. ..South Texas Commercial National Bank.—S. M. McAshan, 1st Vice Pres’t ..State National Bank............ ............. .......,..iL M. Wilkins, Vice President ..Union National Bank...................................R. M. Farrar, President ..Laredo National Bank.......... ..... .................. B. M. Alexander, President ..First National Bank............. .....................JF. D. Mallory, Vice President ..Central National Bank............. ............... , -J. W. Johnson, Vice President ...Alamo National Bank.................. .............. ..Ernest Steves, Vice President ..City National Bank.......... ............. ........ .-W. R. King, President ...Frost National Bank....... ................. .......... J. H. Frost, Vice President ..Lockwood National Bank....... ..................... ..National Bank of Commerce......................J. K. Beretta, President ..San Antonio National Bank...................... .President ..Commercial National Bank..................... ... W. R. Brentz, President ..Merchants & Planters National Bank........ P. R. Markham, Cashier ..American National Bank..... ........... ..... ..... W. P. Allen, President ..First National Bank........ ....... .................... M. H. Pace, Cashier -Texarkana National Bank...................... ....Jno. W. Wheeler, President ..Citizens National B a n k .............................. ...Victoria National Bank...............................Vice President and Cashier ..First National Bank..... ........... .................. .W. W. Woodson, President ..Provident National Bank..... ..... .................J. K. Rose, President ..Waxahachie National Bank...................— .E. D. Miller, Cashier ..City National Bank.................................... I j. T. Harrell, Vice President ..First National Bank.................................... W. M. McGregor, President Designation of Officer Authorized to Cast Vote of Member Bank FEDERAL RESERVE BANK OF DALLAS District 11. Group. A t a meeting of the Board of Directors of the............................................................ (Name o f bank) duly called and held on the......................... day of..................................................................., 19........ on motion duly made and seconded, it was.......................................................................................... “RESOLVED, T h a t...................................................................................................................................... (Insert title o f officer) of this bank be and he is hereby authorized, empowered, and directed to cast the vote of this Bank for Class A and Class B Directors of the Federal Reserve Bank of Dallas, in accordance with the provisions of section 4 of the Act of Congress approved December 23 1913, known as the Federal Reserve Act, as amended by the Act of September 26,’ 1918. RESOLVED FURTHER, That the authority hereby granted shall continue in force until revoked by the directors of this bank. (Signature o f Officer authorized to cast vote of bank) I hereby certify that the foregoing is a true and correct copy of the resolution of the board of directors of this Association, duly adopted on the date specified. I fur ther certify that the foregoing signature is the signature of the officer named therein, who is authorized to cast the vote of this bank. Cashier or Secretary. (S E A L ) To L Y N N P. TA LLE Y, Chairman, Board of Directors, Federal Reserve Bank of Dallas. Certificate of Nomination for Class “ B” Director FEDERAL RESERVE BANK OF DALLAS District No. 11 Group No. 1 A t a meeting of the Board of Directors of the. (Name and location o f Bank) duly called and held on the.....................day of....................................................................... , 19 on motion duly made and seconded, it was “RESOLVED, That Mr. of.................................................................. whose occupation is................................................................ be, and he is hereby nominated as a candidate for Director of Class B of the Federal Reserve Bank of Dallas, and the Cashier is hereby authorized, empowered and directed to certify his name to the Chairman of the Board of the Federal Reserve Bank of Dallas as the nominee of this Association in accordance with the provisions of Section 4 of the Act of Congress approved December 23, 1913, known as the Federal Reserve Act, as amended Sept. 26, 1918.” I hereby certify that the foregoing is a true and correct copy of a resolution of the Board of Directors of this Association, duly adopted, on the date specified, and pursuant thereto I hereby certify that the person named above is the duly accredited nominee of this Association for a Class B Director of the Federal Reserve Bank of Dallas in Group No. 1. (SE A L ) .Cashier. To Lynn P. Talley, Chairman, Board of Directors, Federal Reserve Bank of Dallas.
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