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F ederal Reserve Bank o f Dallas DALLAS, TEXAS 7S222 Circular January No. 23, 79 -17 1979 SPECIAL ELECTION OF CLASS B DIRECTOR NOMINATION PROCEDURES T O A L L M E M B E R B A N K S IN T H E E L E V E N T H F E D E R A L R E S E R V E D IS T R IC T : A special election w ill be held under the provisions o f Section 4 o f the Federal Reserve A c t, as amended by the Federal Reserve Reform A ct o f 1977, to choose a successor to Gerald D. Hines who resigned as a Class B Director to accept appoint ment as a Class C Director of this Bank effective January 1, 1979. Mr. Hines' successor w ill be elected to fill the unexpired portion o f a three-year term ending December 31, 1980. M r. Hines was elected by the banks in Group 3 (consisting o f banks having capital and surplus of under $ 1 ,0 0 0 ,0 0 0 ), and his successor will be chosen by the banks in this group. The banks comprising Group 3 are listed on the follow ing pages. The group in which a member bank w ill be entitled to vote w ill be determined by its classification as o f the date o f this letter, even though its capital and surplus may subsequently change prior to the date o f the election. Except in the case o f any member banks th at are subsidiaries o f the same bank holding com pany,* each bank in Group 3 is perm itted to nom inate one candidate fo r Class B D irector. When several banks are subsidiaries o f a bank holding company, the nom ination form is being sent only to the bank designated to participate in this election; therefore, banks in Group 3 th at w ill not participate in this election are being sent this circular, w ith o u t forms, fo r th eir inform ation. T he nom i nations must be made by resolution o f th e Board o f Directors, certified to me and received in m y office on or before Feb ruary 2 3 , 19 79 . A form and return envelope for this purpose are enclosed. On March 2, 1979, a list o f the candidates (in dicating by whom nom inated) and a preferential ballot will be mailed to each bank in the voting group. The ballot must be cast w ith in 15 days after receipt. The polls w ill open at 9 a.m. on March 7 , 1 9 7 9 , and close at 2 p.m . on March 2 2 ,1 9 7 9 . A t th at tim e, the ballot box w ill be opened at this Bank, the votes counted, and the results o f the election announced. The candidates are invited to be present or represented on th at occasion. In order to be counted, the ballot must be executed by an o fficer authorized to cast the vote. Officers so authorized are listed on the follow ing pages. Inasmuch as the authority conferred on these officers continues until revoked, they need not be redesignated. Each member bank which has not designated an officer, or officers, fo r the purpose o f signing the ballot, or any bank th at desires to change its designation, should do so by resolution o f its Board o f Directors and certify the desig nation to me before the polls close. A form fo r this purpose will be furnished upon request. If the o fficial signature o f the o fficer, or officers, authorized to cast the ballot has not been filed w ith this Federal Reserve Bank, such official signature should be filed before the polls close. ‘ Section 4 o f the Federal Reserve A ct, as amended, reads in part as follows: . .Th at whenever any member banks w ith in the same Federal Reserve district are subsidiaries of the same bank holding company w ith in the meaning o f the Bank Holding Company A c t o f 1956, participation in any such nom i nation or election by such m ember banks, including such bank holding com pany if it is also a m ember bank, shall be confined to one o f such banks, which may be designated fo r the purpose by such holding com pany." In this connection, the Board o f Governors of the Federal Reserve System has ruled th at a holding company affiliate, having one or more subsidiary banks in each o f the three groups into which member banks o f a Federal Reserve district are divided fo r the purpose o f electing directors, may designate one such bank in each group to participate in the nom ination and elec tion o f each Class A Director and each Class B D irecto r chosen by the group o f which such bank is a member, and such mem ber bank so designated may validly participate in such nom ination and election. Accordingly, banks in G roup 3 affected by the foregoing provision of law are requested to take p ro m p t action to have the appropriate bank holding company designate, if it has not already designated, one o f such banks to participate in this election. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) W hile th e banks in G roup 1 (consisting o f banks having capital and surplus o f $ 6 ,0 0 0 ,0 0 0 and over) and G roup 2 (consisting o f banks having capital and surplus o f $ 1 ,0 0 0 ,0 0 0 and over, but under $ 6 ,0 0 0 ,0 0 0 ) w ill not vote in this election, this circular is sent to them , w ith o u t form s, fo r th eir inform ation. Sincerely yours, Chairman o f the Board Enclosures (2) ★ ★ ★ ★ ★ ★ ★ ★ ★ Information Concerning Eligibility for Class B Directorship of a Federal Reserve Bank Section 4 o f the Federal Reserve A ct, as amended by the Federal Reserve Reform A c t o f 1977, contains the follow ing provisions: "Class B shall consist o f three members, who shall represent the public and shall be elected w ith o u t discrim ination on the basis o f race, creed, color, sex, or national origin, and w ith due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labor, and consumers." " N o director o f Class B shall be an officer, director, or employee o f any b an k." " N o Senator or Representative in Congress shall be a m ember o f the Board o f Governors o f the Federal Reserve System or an officer or a direc to r o f a Federal Reserve Bank." T he Board o f Governors o f the Federal Reserve System has expressed the opinion ". . . th at, to be consis tent w ith the spirit and underlying principles o f the Federal Reserve A c t, it is inappropriate, as a general rule, fo r officers and directors o f Federal Reserve Banks and Branches to hold partisan political or public office in the service o f the U nited States, or o f any state, territo ry, county, district, political subdivision, or m unicipality thereof, or to act as members o f political party com m ittees." 2 GROUP 3 C onsists o f all m e m ber banks having ca p ita l and surplus o f u n der $ 1 ,0 0 0 ,0 0 0 . Banks in this group elect one Class B D irector. L O U IS IA N A L o c a tio n A rca d ia D e lh i H om e r La ke P rovidence O ak G rove Nam e o f B ank o r T ru s t C o m p a n y O ffic e rs A u th o riz e d to Cast V o te F irs t N a tio n a l B ank in A r c a d ia ...........................................................................................................................................................................President T h e F irs t N a tio n a l B ank o f D e lh i................................................................... P resident, E x e c u tiv e V ic e President, V ic e P resident, Cashier The H om e r N a tio n a l B ank ........................................................................................................... C hairm an, President, V ic e P resident, Cashier The F irs t N a tio n a l B ank o f Lake P r o v id e n c e ................................................................................................................................................President West C a rro ll N a tio n a l B ank o f O ak G r o v e .......................................................................................................................................................President NEW M E X IC O L o c a tio n C lovis Logan L o rdsbu rg Santa Rosa S ocorro T r u th o r Consequences Nam e o f B ank o r T ru s t C om pany O ffic e rs A u th o riz e d t o Cast V o te F irs t N a tio n a l B ank o f C lo v is ..............................................................................................................................................................................President M cF arlan d B ro th e rs B a n k .............. R o b e rt B. M c F a rla n d , P resident; E. O. M cF arlan d, V ic e P resident; O . O. O sborn, Jr., President T he F irs t N a tio n a l B ank o f L o r d s b u r g ............................................................................................................................................................. President T he F irs t N a tio n a l B ank o f Santa R o s a ...................................................... P resident, E x e c u tiv e V ic e P resident, V ic e President, Cashier F irs t N a tio n a l B ank o f S o c o r r o ............................................................................................................................................................................................... F irs t S ierra N a tio n a l B ank , OKLAHOM A Location A n tle rs Bosw ell Caddo Coalgate C o lb e rt Hugo Hugo Name o f Bank o r T ru s t C om p any O ffic e rs A u th o riz e d to Cast V o te F irs t N a tio n a l B ank at A n t l e r s .............................................................................................. P resident, E x e c u tiv e V ic e President, Cashier Bosw ell S tate B a n k ................................................................................................................................................... P resident, V ic e President, Cashier B ryan C o u n ty N ation al B a n k .........................................................................................................................C hairm an, President, V ic e President F irs t N a tio n a l Bank in C oalgate ................................................................................................. C hairm an , P resident, V ic e P resident, Cashier The F irs t N a tio n a l Bank o f C o lb e rt .................................................................................................................................................................President The C itizens S tate B a n k ...................................................................................................................................C hairm an, President, V ic e President S e cu rity F irs t N a tio n a l B ank o f H u g o ................................................................................................................................................................... Cashier TEXAS L o c a tio n A la m o Heights A lb a n y A lp in e A lv in A lv o rd A m he rst A nahuac A nderson A ndrew s A nna A nson A rlin g to n A rlin g to n A rlin g to n A s p e rm o n t A then s A tla n ta A tla n ta A u s tin A u s tin A u s tin A u s tin A u s tin Baird B allinge r Bandera Bandera B astrop B a y to w n B eau m ont Beaum ont B ellaire Bells Name o f Bank o r T ru s t C om p any The First N ation al B ank o f A lb a n y O ffic e r A u th o riz e d to Cast V o te ............. F irs t N a tio n a l B ank o f A l v i n ........................... A lv o rd N ation al B a n k ........................................ A nahuac N a tio n a l B a n k ..................................... The First N a tio n a l B ank o f A nde rson . . . . F irs t N a tio n a l Bank o f A n d r e w s .................... T h e F irs t N a tio n a l B ank o f A n s o n ................. T h e M e tro p le x N a tio n a l B ank in A rlin g to n , Firs t C ity B ank—C entral A rlin g to n , N a tio n a l A s s o c ia tio n . . . The F irs t N a tio n a l B ank o f A s p e rm o n t . . . T h e F irs t N a tio n a l B ank o f A th e n s ................. T h e A tla n ta N a tio n a l B a n k .............................. R e p u b lic N a tio n a l B ank o f A u s t i n ................. U n io n N a tio n a l B ank ........................................ W estern N a tio n a l B ank ..................................... The F irs t N ation al B ank o f B a ir d .................... T h e F irs t N a tio n a l B ank o f B a llin g e r.............. F irs t S tate B a n k ................................................... T he F irs t N a tio n a l B ank o f B a s t r o p ............. Texas N a tio n a l Bank o f B a y to w n ................. C itizens N a tio n a l B ank o f B eau m ont . . . . G atew ay N a tio n a l B ank o f B eau m ont . . . . 3 GROUP 3 —Continued T E X A S — Continued L o c a tio n B e lto n B elton B lanco Bogata Bonham B ow ie B ra c k e ttv ille B rady B rady B reckenridge B reckenridge Brenham B rid g e p o rt B ro n te B row nsville B row nsville B ro w n w o o d B u rk b u rn e tt Byers B ynum Caddo M ills C aldw ell Cameron C anton Celeste C enter Childress C h illic o th e Cisco Clarendon C larksville C larksville Claude C lute Colem an College S tation C o lle y v ille C olorado C ity Com anche Com m erce Cooper C orpus C hristi Corsicana C otu lla C rosb yton C row ell Cushing D aingerfield D alhart Dallas Dallas Dallas Dallas D a rro u z e tt Dawson D ecatur Del Rio D enton D eport D u b lin Dumas Eagle Lake Eastland Edgewood E dinbu rg El C am po El Paso E| Paso El Paso E| Paso E ldora do E m o ry E vant Fabens F a irfie ld F a lfu rria s N am e o f B ank o r T ru s t C om p any O ffic e rs A u th o riz e d to Cast V o te T h e F irs t N a tio n a l B ank in B e l t o n ................................................................ T h e peoples N a tio n a l B ank o f B e l t o n ......................................................... T h e B lanco N a tio n a l B ank ............................................................................. F irs t N a tio n a l B ank in Bogata ...................................................................... T h e F irst N a tio n a l B ank o f B o n h a m ............................................................ B ow ie N a tio n a l B ank ....................................................................................... The F irs t State B a n k .......................................................................................... T h e B rad y N a tio n a l B a n k ................................................................................ T h e C om m ercial N a tio n a l B ank o f B r a d y .................................................. C itizens N a tio n a l B ank o f B re c k e n rid g e ...................................................... F irs t N a tio n a l B ank in B re c k e n rid g e ............................................................ T h e B renham N a tio n a l B a n k .......................................................................... T h e F irs t N a tio n a l B ank o f B rid g e p o rt ...................................................... F irs t N a tio n a l B ank in B ro n te ...................................................................... B ro w n sville N a tio n a l B ank ............................................................................. N a tio n a l B ank o f C om m erce o f B ro w n sville ............................................ F irs t N a tio n a l B ank in B u r k b u r n e t t ............................................................ The F irst N a tio n a l B ank o f Byers ................................................................ The F irst N a tio n a l B ank o f B ynum ............................................................ The State N a tio n a l B ank o f C addo M ills ...................................................... C aldw ell N a tio n a l B a n k .................................................................................... F irs t N a tio n a l B ank in C a m e r o n ................................................................... The F irs t N a tio n a l Bank o f C anton ............................................................ The F irs t N a tio n a l Bank o f C e le s te ................................................................ F irs t N a tio n a l B ank In C e n te r .......................................................................... The F irst N a tio n a l Bank In C h ild re s s ............................................................ F irs t N a tio n a l B ank in Cisco .......................................................................... The Farm ers S tate B ank and T ru s t C om p any o f C lare ndo n, C lare ndo n, Texas F irs t N a tio n a l B ank in C la rk s v ille ................................................................ Red R iver N a tio n a l B ank In C larksville ...................................................... The F irst N a tio n a l B ank o f C la u d e ................................................................ C hem ical N a tio n a l B a n k .................................................................................... U n iv e rs ity N a tio n a l Bank o f C ollege S t a t i o n ............................................ F irs t S e c u rity B ank o f C o lle y v ille , N .A ......................................................... The C ity N a tio n a l Bank o f C olo ra d o C i t y .................................................. T h e C om anche N ation al B a n k ...................................................................... The F irs t N a tio n a l B ank in C o o p e r................................................................ Nueces N a tio n a l B a n k ....................................................................................... Corsicana N a tio n a l Bank ................................................................................ S tockm ens N a tio n a l B ank In C o t u lla ............................................................ C itizens N a tio n a l B ank o f C ro s b y to n ......................................................... C ro w e ll S tate B a n k .............................................................................................. T h e N ation al Bank o f D a in g e r fie ld ................................................................ F irs t N a tio n a l B ank in D a l h a r t ...................................................................... Love F ie ld N a tio n a l B a n k ................................................................................ Pan A m erica n N a tio n a l B ank o f Dallas ...................................................... Texas C om m erce B ank — Casa L in d a , N a tio n a l A ssociation .............. Texas C om m erce B ank — Park C entral, N ation al A s s o c ia tio n .............. The F irs t N a tio n a l B ank o f D a rro u z e tt ...................................................... F irs t B ank & T ru s t C o m p a n y .......................................................................... T h e F irs t N a tio n a l B ank in D e c a t u r ............................................................ Del R io N a tio n a l B a n k ....................................................................................... C itizens N a tio n a l B ank .................................................................................... T h e F irs t N a tio n a l B ank o f D e p o r t ................................................................ T h e D u b lin N a tio n a l B ank ............................................................................. F irs t N a tio n a l B ank o f Dumas ...................................................................... T he F irs t N a tio n a l B ank o f Eagle L a k e ...................................................... Eastland N a tio n a l B a n k .................................................................................... T he F irs t N a tio n a l B ank o f E d g e w o o d ......................................................... N a tio n a l B ank o f C o m m e r c e .......................................................................... T h e F irs t N a tio n a l B ank o f El C a m p o ......................................................... C ham izal N a tio n a l B a n k .................................................................................... F irs t In te rn a tio n a l B ank In El Paso, N a tio n a l A s s o c ia tio n .................... F ra n k lin N a tio n a l B a n k .................................................................................... M o n tw o o d N a tio n a l B a n k ................................................................................ T h e First N a tio n a l B ank o f E ldora do ......................................................... T h e First N a tio n a l B ank o f E m o r y ................................................................ T h e First N a tio n a l B ank o f E vant ................................................................ T h e First N a tio n a l B ank o f F a b e n s ................................................................ F irs t N a tio n a l B a n k .......................................................................................... T h e First N a tio n a l B ank in F a l f u r r ia s ......................................................... 4 GROUP 3 —Continued T E X A S - Continued L o c a tio n Falls C ity F a rm e rsville F e rris F lo re sville F lo yd a d a F o lle tt F o rn e y F o rt Bend C o u n ty F o rt S to c k to n F o rt W o rth F o rt W o rth F ra n k lin G alveston G alveston G arland G atesvllle G eorge West G e o rg e to w n G ilm e r G len Rose G o lia d G onzales G o rd o n G o rm a n G ra fo rd G raham G ra n b u ry G ra nd P rairie G ra nd S aline G ranger G ranger G ro o m Hale C enter H a lle tts v ille H a m ilto n H a m ilto n H a m lin H arlingen H arris C o u n ty H arris C o u n ty H askell H e b b ro n v ille H e n rie tta H ico H iggins H ills b o ro H o lla n d H ond o H ouston H ouston H ouston H ouston H o uston H o uston Hughes Springs H um b le H um b le Ingleside Iow a Park Irvin g Itasca Jacksboro Jacksboro Jasper J efferson Joshua J u n c tio n J u n c tio n Karnes C ity K a ty K a ufm an Kem p K ene dy K e rm it K in g s v ille K o u n tz e O ffic e rs A u th o riz e d t o Cast V o te N am e o f B ank o r T ru s t C om p any T h e Falls C ity N a tio n a l B a n k ......................................................................................................... C hairm an , P resident, V ic e P resident, Cashier F irs t N a tio n a l B ank at F a rm e rsville ............................................................................................ C hairm an , P resident, V ic e P resident, Cashier Farm ers & M e rchan ts S tate B a n k ........................................................................................................................................... P resident, V ic e President F irs t C ity N a tio n a l B a n k o f F lo re s v ille ..................................C hairm an , P resident, V ic e P resident, H o n o ra ry V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f F l o y d a d a ...............................................................................................................................................................President T h e F o lle tt N a tio n a l B a n k ........................................................................................................................................................... V ic e P resident, Cashier T h e Farm ers N a tio n a l B ank o f F o rn e y ..................................................................................................................................................... V ic e President Sugar Creek N a tio n a l B a n k ............................................................................................................................................................ C h a irm a n , President F irs t N a tio n a l B ank o f F o rt S t o c k t o n ....................................................................................................................... C hairm an , P resident, Cashier Everm an N a tio n a l B ank o f F o rt W o rth ............................................................................................................................................................President M e a d o w b ro o k N a tio n a l B a n k ................................................................................................................................................................................President T h e F irs t N a tio n a l B ank o f F r a n k lin ...................................................................................................................P resident, V ic e P resident, Cashier B ank o f G alveston, N a tio n a l A s s o c ia t io n .................................................................................. C hairm an , P resident, V ic e P resident, Cashier U n iv e rs ity N a tio n a l B a n k ............................................................................................................................................................... C hairm an , President A m e ric a n N a tio n a l B ank o f G a r la n d .................................................................................................................................................................. President T h e N a tio n a l B ank o f G a t e s v ille ...................................................................................................C hairm an , P resident, V ic e P resident, Cashier F irs t N a tio n a l B ank In G eorge W e s t ..........................................................................................................................................................................Cashier T h e F irs t N a tio n a l B ank o f G e o rg e to w n ..................................................................................... C hairm an , P resident, V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f G i l m e r ............................................................................................... C hairm an , P resident, V ice P resident, Cashier T h e F irs t N a tio n a l B ank in G len R o s e .................................................................................................................................P resident, V ic e President T h e F irs t N a tio n a l B ank o f G o l i a d ..............................................................................................................................................V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f Gonzales .....................................................................................................P resident, F irs t V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f G o r d o n ...................................................................................................................P resident, V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f G o r m a n .................................................................................................................................................................. President F irs t N a tio n a l B ank, G r a f o r d ................................................................................................................................................................................President F irs t N a tio n a l B ank In G r a h a m ................................................................................................................................................................................... Cashier The F irs t N a tio n a l B ank o f G r a n b u r y ............................................................................................................................ V ic e President and Cashier N a tio n a l B ank o f G ra nd P r a ir ie ............................................................................................................................................................................ President F irs t N a tio n a l B ank o f G rand S a lin e ............................................................................................ C hairm an , P resident, V ic e P resident, Cashier T h e F irs t S tate B a n k .......................................................................................................................... C hairm an , P resident, V ic e P resident, Cashier T h e Granger N a tio n a l B a n k .............................................................................................................C hairm an , P resident, V ic e P resident, Cashier T h e S tate N a tio n a l B ank o f G ro o m ............................................................................................ C hairm an , P resident, V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f H ale C e n t e r ............................................................................................................................. P resident, V ic e President F irs t N a tio n a l B ank o f H a lle tts v ille ............................................................................................ C hairm an , P resident, V ic e P resident, Cashier F irs t N a tio n a l B ank o f H a m i l t o n .................................................................................................................................................. C h a irm a n , President T h e H a m ilto n N a tio n a l B a n k ................................................................................................................................ P resident, V ic e P resident, Cashier The Farm ers & M e rchan ts N a tio n a l B ank o f H a m lin .............................................................. C hairm an, President, V ic e P resident, Cashier Plaza N a tio n a l B a n k .................................................................................................................................................................. President, V ic e President C o lo n ia l N a tio n a l B a n k ....................................................................................................................C hairm an, President, V ic e P resident, Cashier F irs t N a tio n a l Bank o f S ta ffo rd ....................................................................................................................................................... P resident, Cashier Haskell N a tio n a l B a n k ............................................................................................................................................C hairm an, President, V ic e President The F irs t N a tio n a l B ank o f H e b b r o n v llle ........................................................................................................................................................ President The F irs t N a tio n a l B ank o f H e n r i e t t a ...............................................................................................................................................................President The F irs t N a tio n a l B ank o f H i c o .................................................................................................................................................................. V ic e President F irs t N a tio n a l Bank in H ig g in s ........................................................................................................................... C hairm an, President, V ic e President The C itizens N a tio n a l B ank o f H ills b o ro .................................................................................. C hairm an , President, V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f H o l l a n d ....................................................................................................................................................................................... The H o n d o N a tio n a l B ank .......................................................................................................................................................................................... Cashier Braes B ayou N a tio n a l B a n k ...................................................................................................................................................................................................... F irs t C ity B a n k — In w o o d Fo rest, N a tio n a l A s s o c ia tio n ........................................................................................................ C hairm an, President In w o o d C om m erce B a n k, N .A ......................................................................................................................................................... C hairm an , President M a dison-S outhern N a tio n a l B ank ........................................................................................................................................................................................... R iverside N a tio n a l B ank o f H o u s t o n ........................................................................................................................................................................................ S outh L o o p N a tio n a l B a n k ................................................................................................................................................................................... President The F irs t N a tio n a l B ank o f Hughes S p r in g s ....................................................................................................................................................... C hairm an A llie d H u m b le B ank, N .A ........................................................................................................................................................................Presldeht, Cashier K ln g w o o d C om m erce B ank, N .A ........................................................................................................................................................................... P resident F irs t N a tio n a l B ank o f I n g le s ld e ......................................................... C hairm an, President, V ic e President, Cashier, o r an y o th e r o ffic e r The S tate N a tio n a l B ank o f Iow a P a r k .........................................................................................C hairm an, P resident, V ic e President, Cashier F irs t N a tio n a l B ank o f I r v i n g ................................................................................................................................................................................... President The F irs t N a tio n a l B ank o f Itasca ........................................................................................................................................P resident, V ic e P resident The F irst N a tio n a l B ank o f J a c k s b o r o .........................................................................................C hairm an , P resident, V ic e President, Cashier The Jacksboro N a tio n a l B a n k ............................................................................................................................. C hairm an, V ic e President, Cashier F irs t N a tio n a l B ank o f J a s p e r................................................................................................................................................................................... President T h e F irs t N a tio n a l B ank o f Jefferson .................................................................................................................................................................. President The F irst N a tio n a l B ank in J o s h u a ................................................................................................................................W . D on S ta n d le y, President F irs t S tate B a n k ...........................................................................................................................................................................................................President J u n c tio n N a tio n a l B a n k ........................................................................................................................................... P resident, V ic e President, Cashier The Karnes C o u n ty N a tio n a l B ank o f Karnes C i t y ..................................................................C hairm an , P resident, V ic e President, Cashier K a ty N a tio n a l B a n k ........................................................................................................................... C hairm an, P resident, V ic e P resident, Cashier F irs t N a tio n a l B ank In K a u f m a n ...................................................................................................................................... E ddie G arrison, President The F irs t N a tio n a l B ank o f K e m p ......................................................................................................................................................................... President F irs t-N ic h o ls N a tio n a l B ank o f K e n e d y ......................................................................................C hairm an , P resident, V ic e President, Cashier F irs t N a tio n a l B ank o f K e r m l t ...............................................................................................................................................P resident, V ic e P resident M e rc a n tile N a tio n a l B ank o f K i n g s v i l l e ............................................................................................................................................................... President F irs t S e c u rity B ank o f K o u n tz e .........................................................................................................................................................P resident, Cashier 5 GROUP 3 —Continued T E X A S — Continued L o c a tio n Kress La Coste La Ferla La Grange La M arque La Porte Ladonia Lake Jackson Lampasas Leonard Linden LI pan L ittle fie ld L o c k h a rt Lockney L u fk in L u lin g M arfa M a rlin M art M art Mason M a tado r M athis M c A lle n M c A lle n M cG regor M c K in n e y M cLean M elvin M em phis M enard Mercedes M erkel M e rtzo n M esquite M exia M id lo th ia n M ineola M ineral W ells M onahans M o n tg o m e ry C o u n ty M oody M oran M o u n t Calm M o u n t Pleasant M o u n t V e rn o n M unday Naples Navasota New B oston N ew B raunfels N ew castle N ew ton N ocona N ocona N o rd h e lm O ’ D o n n e ll O ak H ill O lne y Paducah Palestine Palestine Palestine Panhandle Pasadena Pearland P e rryto n P e rryto n P ilo t P oint P ittsburg Post Poth Quanah Quanah Q uita q u e N am e o f B ank o r T ru s t C om p any O ffic e rs A u th o riz e d to Cast V o te Kress N a tio n a l B a n k .................................................................................... T h e La Coste N a tio n a l B a n k ................................................................... T h e F irs t N a tio n a l B ank o f La F e r i a ...................................................... T h e F irs t N a tio n a l B ank o f La G ra n g e .................................................. F irs t N a tio n a l B ank o f La M a r q u e ......................................................... B ayshore N a tio n a l B ank o f La P o r t e ...................................................... Farm ers & M erchants State B a n k ............................................................ F irs t N a tio n a l B ank o f Lake Jackson .................................................. T h e Peoples N a tio n a l B ank o f Lampasas ............................................ T h e Le onard N a tio n a l B a n k ...................................................................... T he F irs t N a tio n a l Bank o f L in d e n ......................................................... T he F irs t N a tio n a l B ank o f Llpa n ......................................................... T h e F irs t N a tio n a l B ank o f L i t t l e f i e l d .................................................. F lrs t-L o c k h a rt N a tio n a l B a n k ................................................................... F irs t N a tio n a l B ank in L o c k n e y ............................................................ Texas N a tio n a l B ank o f L u f k i n ................................................................ T he F irs t N a tio n a l B ank in L u l i n g ......................................................... T he M arfa N a tio n a l B a n k .......................................................................... . C hairm an, P resident, V ic e President, Cashier, Assistant Cashier T he Farm ers and M erchants N a tio n a l B ank o f M a r t ........................ T he F irs t N a tio n a l B ank o f M a r t ............................................................ T he Mason N a tio n a l B a n k .......................................................................... M e tro p o lita n N a tio n a l B ank ................................................................... T he V a lle y N a tio n a l B a n k .......................................................................... T he F irs t N a tio n a l B ank o f M c G r e g o r .................................................. C entral N a tio n a l B ank o f M c K in n e y ...................................................... ..................................C hairm an , P resident, V ic e P resident, Cashier A m e rica n N a tio n a l B ank in M c L e a n ...................................................... R anchlander N a tio n a l B a n k ...................................................................... T he F irs t N a tio n a l Bank o f M em phis .................................................. T he M enard N a tio n a l B a n k ...................................................................... T h e F irs t N a tio n a l B ank o f M e r c e d e s .................................................. T he Farmers and M erchants N a tio n a l B ank o f M e r k e l.................... T h e F irs t N a tio n a l B ank o f M e r t z o n ...................................................... T h e F irs t N a tio n a l B ank o f M esquite .................................................. F irs t N a tio n a l B ank o f M e x ia ................................................................... F irs t N a tio n a l B ank in M i d l o t h i a n ......................................................... T he F irs t N a tio n a l B ank o f M in e o la ...................................................... T he C ity N a tio n a l Bank o f M ineral W e l l s ............................................ F irs t N a tio n a l B ank o f M onahans ......................................................... M o n tg o m e ry C o u n ty B ank, N a tio n a l A s sociation ........................... T he F irs t N a tio n a l B ank o f M o o d y ......................................................... T he M oran N a tio n a l B a n k .......................................................................... T he First N a tio n a l B ank in M o u n t C a lm ............................................... The First N a tio n a l B ank in M o u n t P le a s a n t........................................ F irs t N a tio n a l B ank in M u n d a y ................................................................ T h e M o rris C o u n ty N a tio n a l B ank o f N a p le s ..................................... The F irs t N a tio n a l B ank o f Navasota .................................................. The F irs t N a tio n a l B ank o f New B o s to n ............................................... N ew B raunfels N a tio n a l B a n k ................................................................... Farm ers N a tio n a l B ank o f N ew castle .................................................. A llie d F irs t N a tio n a l B ank ...................................................................... The Farmers and M erchants N a tio n a l B ank o f N o c o n a ................. F irs t N a tio n a l B ank o f N o c o n a ................................................................ T h e F irs t N a tio n a l B ank o f N o r d h e lm .................................................. T h e F irs t N a tio n a l B ank o f O 'D o n n e ll.................................................. O ak H ill N a tio n a l B a n k ............................................................................. T h e F irs t N a tio n a l B ank o f O l n e y ......................................................... T he F irs t N a tio n a l B a n k ............................................................................. T he East Texas N a tio n a l B ank o f P a le s tin e ........................................ T h e F irs t N a tio n a l B ank o f P a le s tin e ...................................................... T h e R o y a ll N a tio n a l B ank o f Palestine ............................................... T h e First N a tio n a l B ank o f P a n h a n d le .................................................. Pasadena N a tio n a l B a n k ............................................................................. F irs t N a tio n a l B ank o f Pearland ............................................................ The First N a tio n a l B ank o f P e r r y to n ...................................................... The P erryto n N a tio n a l B a n k ................................................................... The P ilo t P o in t N a tio n a l B a n k ................................................................ The P ittsburg N a tio n a l B a n k ................................................................... The First N a tio n a l B ank o f P o s t ............................................................ The F irs t N a tio n a l B ank o f P o t h ............................................................ F irs t N a tio n a l B ank in Q u a n a h ................................................................ The S e c u rity N a tio n a l B ank o f Q u a n a h ............................................... The F irs t N a tio n a l B ank o f Q ultague .................................................. 6 GROUP 3 —Continued T E X A S — Continued L o c a tio n Q u itm a n Ralls R a n kin R hom e R ichardson R ich m o n d R ich m o n d R ocksprings R o ckw a ll R o ckw a ll R osebud R osebud Rosenberg R otan R oun d R ock Row ena Royse C ity R ule S aint Jo San A n g e lo San A n to n io San A n to n io San A n to n io San A n to n io San A n to n io San A n to n io San A u g u stin e San M arcos San M arcos San Saba San Saba Sanger Santa A n n a S anto S chulen burg Seguin Seguin S e ym o u r S e ym o u r S h a m ro ck S hiner Snook S onora S ta m fo rd S te p h e n ville S te rlin g C ity S tin n e tt Sudan S u lp h u r S prings S u lp h u r S prings T a ft T a hoka Teague T h ro c k m o rto n T o m Bean T re n to n T r in ity T y le r T y le r V a lle y M ills V a lle y V ie w V an A ls ty n e V an H orn V e rn o n W aco Waco W axahachle W axahachle W e a th e rfo rd W e llin g to n w est West C o lu m b ia West U n iv e rs ity Place W heeler W hlteh ouse W h lte sb o ro N am e o f B ank o r T ru s t C o m p a n y O ffic e rs A u th o riz e d to Cast V o te T h e F irs t N a tio n a l B ank o f Q u itm a n .................................................................................................................................................................President S e c u rity S ta te B ank & T ru s t C o m p a n y ....................................................................................C hairm an , P resident, V ic e P resident, Cashier T h e F irs t S tate B ank o f R a n kin .........................................................................................................................P resident, V ic e P resident, Cashier T h e F irs t N a tio n a l B ank In R h o m e ........................................................................................................................................................................... Cashier C anyon C reek N a tio n a l B a n k .................................................................................................................................................................................................. T h e F irs t N a tio n a l B ank o f R ic h m o n d ...............................................................................................................P resident, V ic e P resident, Cashier T h e F o rt Bend N a tio n a l B ank o f R ic h m o n d ...................................................................... .......................P resident, E x ecutive V ic e President Peoples S tate B a n k .................................................................................................................................................................... President, V ic e President Lakeside N a tio n a l B a n k ........................................................................................................................................................................................ President R ockw all B ank, N a tio n a l A s s o c ia t io n ............................................................................................................................................................. President T h e F irs t N a tio n a l B ank o f R o s e b u d ..................................................................................... C hairm an , President, V ic e P resident, Cashier T h e Planters N a tio n a l B ank o f R o s e b u d ........................................................................................................... President, V ic e P resident, Cashier The F irs t N a tio n a l B ank o f R o se n b e rg ..................................................................................C hairm an, President, V ic e P resident, Cashier The F irs t N a tio n a l B ank o f R o t a n .................................................................................................................................................................... President F irs t N a tio n a l B ank o f R oun d R o c k .................................................................................................................................................................President The F irs t N a tio n a l B ank o f R o w e n a ........................................................................................................................................................................Cashier C itizens S tate B ank .................................................................................................................................................................President, V ic e President The Farm ers N a tio n a l B ank o f R ule, T e x a s .......................................................................................................................................................... Cashier T h e F irs t N a tio n a l B ank o f S aint J o .....................................................................................................................................P resident, Cashier West Side N a tio n a l B ank o f San A n g e lo ...............................................................................C hairm an, President, V ic e P resident, Cashier C itizens N a tio n a l B ank o f San A n t o n i o .......................................................................................................................................................... President C om m erce N o rth B ank N a tio n a l A s s o c ia tio n ................................................................................................................................................ President E isenhow er N a tio n a l B a n k ................................................................................................................................ P resident, E x ecutive V ic e President L a c k la n d N a tio n a l B ank o f San A n to n io ........................................................................................................ President, V ic e P resident, Cashier S e c u rity N a tio n a l B ank o f San A n t o n i o .......................................................................................................................................................... President V a lle y -H I N a tio n a l B ank o f San A n t o n i o .......................................................................................................................President, V ic e President The F irs t N a tio n a l B ank o f San A u g u s t i n e ....................................................................... C hairm an , President, V ic e P resident, Cashier The F irs t N a tio n a l B ank o f San M a r c o s ..........................................................................................................................E x ecutive V ic e President Hays C o u n ty N a tio n a l B ank .................................................................................................................................................................................................. T h e C ity N a tio n a l B ank o f San S a b a .................................................................................................................. President, V ic e P resident, Cashier The San Saba N a tio n a l B a n k ........................................................................................................ C hairm an, President, V ic e P resident, Cashier T h e F irs t N a tio n a l B ank o f S a n g e r........................................................................................................................................................................... Cashier T h e Santa A n n a N a tio n a l B a n k ................................................................................................................................................... V ic e P resident, Cashier The F irs t N a tio n a l B ank o f S a n t o ........................................................................................................................................................................... Cashier T h e F irs t N a tio n a l B ank o f S chulenburg .......................................................................................................................................................President The F irs t N a tio n a l B ank o f S e g u in ............................................................................................................................ C hairm an, P resident, Cashier The N o lte N ation al B ank o f Seguin .................................................................................................................................................................C hairm an The Farm ers N a tio n a l B ank o f S e y m o u r ................................................................................................................................................ V ic e President The F irs t N a tio n a l B ank o f S eym o ur ................................................................................. C hairm an , President, V ic e P resident, Cashier The F irs t N a tio n a l B ank o f S h a m r o c k ................................................................................. C hairm an, President, V ic e P resident, Cashier The F irs t N a tio n a l B ank o f S h in e r ........................................................................................C hairm an , President, V ic e P resident, Cashier F irs t B ank o f S n o o k ...............................................................................................................................................................................................President T h e F irs t N a tio n a l B ank o f S o n o ra ........................................................................................................................................ P resident, Cashier T he F irs t N a tio n a l B ank in S ta m fo rd ................................................................................................................................. P resident, Cashier F a rm e rs-F lrst N a tio n a l B ank o f S t e p h e n v lile ............................................................................................................................... President, Cashier T he F irs t N a tio n a l B a n k of S terling C ity ...............................................................................................President, V ic e President F irs t N a tio n a l B ank o f S t in n e t t .............................................................................................................................................................................. President T h e F irs t N a tio n a l B a n k o f S u d a n .............................................................................................. C hairm an, President, V ic e P resident, Cashier T h e C ity N a tio n a l B ank o f S u lp h u r S p r in g s .....................................................................................................President, V ic e President, Cashier Peoples N a tio n a l B ank o f S u lp h u r S prings .....................................................................................................President, V ic e President, Cashier T he F irs t N a tio n a l B ank of T a f t ............................................................................................................... P resident, V ic e President T h e F irs t N a tio n a l B ank o f T a h o k a .....................................................................................C hairm an , P resident, V ic e President, Cashier F irs t N a tio n a l Bank o f T e a g u e .............................................................................................................................................................................. President T he F irs t N a tio n a l B ank o f T h r o c k m o r t o n .....................................................................................................President, V ic e President, Cashier T he F irs t N a tio n a l B ank o f T o m B e a n .............................................................................................................................................................President T he F irs t N a tio n a l B ank o f T r e n t o n .............................................................................................................................................................. President T he F irs t N a tio n a l B ank of T r i n i t y ............................................................................................................President, V ic e President H eritage N a tio n a l B a n k ............................................................................................................................................................................................President N a tio n a l S e c u rity B a n k ................................................................................................................................................................. C hairm an, President F irs t N a tio n a l B ank In V a lle y M ills ..............................................................................................C hairm an, President, V ic e President, Cashier T he V a lle y V ie w N a tio n a l B a n k ........................................................................................................................................................................... President T he F irs t N a tio n a l B ank o f V an A ls ty n e ........................................................................................................................................................President V an H o rn S tate B ank o f V an H o rn , Texas ................................................................................................................................................... President T he H erring N a tio n a l B ank o f V e r n o n ...............................................................................................................P resident, V ic e President, Cashier C entral N a tio n a l B ank o f W o o d w a y - H e w itt....................................................................................................................................................................... Lake A ir N a tio n a l Bank o f W a c o ........................................................................................................................................................................... President C itizens N a tio n a l B ank in W a x a h a c h ie ................................................................................................................................................................. President E llis N a tio n a l B a n k ......................................................................................................................................................................................................President T he C itizens N a tio n a l B ank o f W e a th e rfo rd .......................................................................................................................................................President W e llin g to n s ta te B a n k ...............................................................................................................................................................................................President T he S tate N a tio n a l B ank In W e s t ........................................................................................................................................................................... President West C o lu m b ia N a tio n a l B a n k .....................................................................................................C hairm an , P resident, V ic e President, Cashier F irs t N a tio n a l B a n k o f West U n iv e rs ity P la c e ....................................................................................................................P resident, V ic e President F irs t N a tio n a l B ank In W h e e le r .............................................................................................................................................................................. President F irs t N a tio n a l B ank o f W h lte h o u s e ...............................................................................................................P resident, V ic e P resident and Cashier S e c u rity N a tio n a l B ank o f W h lte s b o ro ................................................................................................................................................................. President 7 GROUP 3 —Continued TEXAS —Continued L o c a tio n N am e o f B ank o r T ru s t C om p any W h ite w rig h t W h itn e y W ic h ita Falls W ills P oint W in n sb o ro W o lfe C ity W o o d sb o ro W o rth a m Y o rk to w n Zapata O ffic e rs A u th o riz e d to Cast V o te T h e F irs t N a tio n a l B ank o f W h ite w r ig h t.......................................................................................................................................................... President F irs t N a tio n a l B ank In W h it n e y .....................................................................................................C hairm an , P resident, V ic e P resident, Cashier A m e ric a n N a tio n a l B ank ..................................................................................................................................................................................... P resident T h e F irs t N a tio n a l B ank o f W ills P o in t ...........................................................................................................................................................P resident T h e F irs t N a tio n a l B ank o f W in n s b o ro ....................................................................................C hairm an , P resident, V ic e P resident, Cashier T h e W o lfe C ity N a tio n a l B ank in W o lfe C i t y .......................................................................................... C hairm an, President, V ic e President T h e F irs t N a tio n a l B ank o f W o o d s b o r o ..................................................................................................................................................................Cashier T h e F irs t N a tio n a l B ank o f W orth am .............................................................................................................................................................. President T h e F irs t N a tio n a l B ank o f Y o r k t o w n ..................................................................................................................................................................... Cashier F irs t N a tio n a l B ank o f Zapata ................................................................................................................................... C hairm an , President, Cashier Directors of the Federal Reserve Bank of Dallas As of January 23, 1979 Lewis H. Bond . Elecled b y banks in Group . . Term Expires Dee. 31 A 1981 2 A 1980 3 A 1979 1 B 1979 2 B 1981 3 O ccupation C last l Name B 1980 C 1980 C 1981 C 1979 . O fficer, Texas Am erican Bancshares Inc., Fort W orth, Texas Frank J u n e ll........................... Bank of San Angelo, San Angelo, Texas G ene D. Adams . . . Seymour, Texas Stew art Orton . . . . Departm ent Stores, Inc., Houston, Texas J. W ayla n d Bennett. . . . . Associate Dean for Industry Relations and Professor o f Agricultural Economics, College o f Agricultural Sciences, Texas Tech University, Lubbock, Texas [ V a c a n c y ] ........................... Irving A . Mathews . . . Appointed by the Chairm an Chief Executive Officer, Board of Governors of the Frost Bros., Inc., Federal Reserve System San Antonio, Texas G erald D. Hines . . . . Appointed by the Deputy Chairman Interests, Houston, Texas Board o f Governors of the Federal Reserve System M arg a re t S. Wilson . . . . Chairm an o f the Board Appointed by the and Chief Executive Board of Governors of the O fficer, Scarbroughs Federal Reserve System Stores, Austin, Texas 8
@FedFRASER