Circular No. 20 Series of 1922 FEDERAL RESERVE BANK

OF DALLAS

October 9, 1922.

ELECTION OF DIRECTORS

To the Cashier: On December 31, 1922, the terms of Messrs. B. A. McKinney, Class A Director, rep­ resenting banks in Group 3, and Marion Sansom, Class B Director, representing banks in Group 1, will expire. The Federal Reserve Board has designated Thursday, November 16th, as the day for opening the polls for the election of their successors, who will serve for three years each. Bal­ lots will be received for fifteen days after the polls open, or up to and including November 30th. ONLY BANKS IN GROUPS 1 AND 3 WILL PARTICIPATE IN THE ELECTION. BANKS IN GROUP 1 WILL NOMINATE AND VOTE FOR CLASS B DIRECTOR. BANKS IN GROUP 3 WILL NOMINATE AND VOTE FOR CLASS A DIRECTOR. On account of his official connection with this bank, Director McKinney does not desire to be continued as Class A Director. The Federal Reserve Act provides that: “ NO OFFICER OR DIRECTOR OF A MEM­ BER BANK SHALL BE ELIGIBLE TO SERVE AS A CLASS A DIRECTOR UNLESS NOMI­ NATED AND ELECTED BY BANKS WrHICH ARE MEMBERS OF THE SAME GROUP AS THE MEMBER BANK OF WHICH HE IS AN OFFICER OR DIRECTOR.” The law also provides that each member bank shall be permitted to nominate one candi­ date for Director of Class A, and one candidate for Director of Class B, and by a resolution of its Board, or an amendment to its by-laws, authorize its President, Cashier, or some other of­ ficer to cast their vote. Forms of resolutions are enclosed herewith to banks in Groups 1 and 3, upon which the Board of Directors of such banks should nominate a Director, and authorize one of its active officers to cast their ballot, unless a previous designation has been made. These resolutions, duly certified, should be returned to the undersigned as soon as possible after your Board has taken action. Lists of banks in Groups 1 and 3 which, according to our records, have previously made a designation of an official to v ' tl^em,- fi: luded in this circular. These designations continue until revoked, ancLafi^es eei^made in the official previously author- ized another designation is ir^tne The period within wH^n) ns may be made will terminate on Nov. 9th, and nominations received t be listed. On November 10th list of candidates can be tabulated, there will be mailed to all member banks in the district, for their information, a list of nominees, with the names of the banks making the nominations. At the same time, banks in Groups 1 and 3 will be furnished a preferential ballot providing for the recording of the first, second and other choices of directors to be elected. Within fifteen days after receipt of said list and ballot every bank should record its vote. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library ([email protected]) The result of the election will be announced on or about December 2nd. The Federal Reserve Board has classified the banks which will participate in the elec­ tion in this district, as follows: Group 1. Banks with aggregate capital and surplus exceeding $399,000. Group 3. Banks with aggregate capital and surplus less than $100,000. In returning the enclosed forms please observe the following instructions: 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. While only banks in Groups 1 and 3 will nominate and elect directors, this circular is sent to all banks in the district for their information. There are appended hereto (1) excerpts from Section 4 of the Federal Reserve Act pre­ scribing the manner in which directors of Federal Reserve Banks shall be elected; (2) Lists compiled from the latest data in hand of banks in Groups 1 and 3; (3) Lists of banks in Groups 1 and 3 which have made designations. Every member bank in Groups 1 and 3 is urged to participate in the election. While the nomination of a candidate for director is optional with member banks, the designation of an official to cast the vote is mandatory. The candidates will of course appreciate a large vote, and it is hoped that every member bank will take a lively interest in the election. Respectfully,

Chairman of the Board. EXTRACTS FROM SECTION 4 OF THE FEDERAL RESERVE ACT

Every Federal Reserve Bank shall be conducted under the supervision and control of a Board of Directors. Such Board of Directors shall be selected as hereinafter specified and shall consist of nine members, holding office for three years, and divided into three classes, designated as Classes A, B and C. Class A shall consist of three members, who shall be chosen and be representative of the stockholding banks. Class B shall consist of three members, who at the time of their election shall be actively engaged in their district in commerce, agriculture or some other industrial pursuit. Class C shall consist of three members, who shall be designated by the Federal Reserve Board. No Senator or Representative in Congress shall be a member of the Federal Reserve Board or an officer or a director of a Federal Reserve Bank. No director of Class B shall be an officer, director, or employee of any bank. No director of Class .C shall be an officer, director, employee, or stockholder of any bank. Directors of Class A and Class B shall be chosen in the following manner: The Federal Reserve Board shall classify the member banks of the district into three general groups or divisions, designating each group by number. Each group shall consist as nearly as may be of banks of similar capitalization. Each member bank shall be permitted to nominate to the chairman of the board of directors of the Federal Reserve Bank of the dis­ trict one candidate for director of Class A and one candidate for director of Class B. The candidates so nominated shall be listed by the chairman, indicating by whom nominated, and a copy of said list shall, within fifteen days after its completion, be furnished by the chairman to each member bank. Each member bank by a resolution of the board or by an amendment to its by-laws shall authorize its president, cashier, or some other officer to cast the vote of the member bank in the elections of Class A and Class B directors. Within fifteen days after receipt of the list of candidates the duly authorized officer of a member bank shall certify to the chairman his first, second, and other choices for director of Class A and Class B, respectively, upon a preferential ballot upon a form furnished by the chairman of the Board of Directors of the Federal Reserve Bank of the district. Each such officer shall make a cross opposite the name of the first, second, and other choices for a direc­ tor of Class A and for a director of Class B, but shall not vote more than one choice for any one candidate. No officer or director of a member bank shall be eligible to serve as a Class A director unless nominated and elected by banks which are members of the same group as the member bank of which he is an officer or director. Any person who is an officer or director of more than one member bank shall not be elig­ ible for nomination as a Class A director except by banks in the same group as the bank hav­ ing the largest aggregate resources of any of those of which such person is an officer or di­ rector.

Resolutions of the Federal Reserve Board in Regard to Eligible Persons

By resolution of the Federal Reserve Board, adopted December 23, 1915, the opinion is expressed that persons holding political or public office in the service of the United States, or of any state, territory, county, district, political subdivision, or municipality thereof, or acting as members of political party committees, cannot consistently with the spirit and underlying principles of the Federal Reserve Act, serve as directors of Federal Reserve Banks. The Federal Reserve Board also passed a resolution, December 28, 1915, that “national bank examiners shall not hereafter be elected .... to directorships in Federal Re­ serve Banks.” LIST OF BANKS IN GROUP 1, FEDERAL RESERVE DISTRICT NO. 11 CAPITAL AND SURPLUS EXCEEDING $399,000. (To Elect a Class “B” Director) Capital Louisiana and Surplus Monroe...... The Central Savings Bank & Trust Company...... $ 500,000 Monroe...... Ouachita National B a n k ...... - 900,000 Shreveport. Commercial National Bank ...... 1,300,000 Shreveport. Continental Bank & Trust Com pany...... 400,000 Shreveport. First National Bank ...... 1,300,000

New Mexico

Albuquerque. First National B a n k ...... $ 600,000 Roswell...... Citizens National Bank ...... 400,000

Texas

Austin...... American National Bank ...... $1,100,000 Austin...... Austin National B a n k ...... 1,000,000 Beaumont—. American National Bank ...... 600,000 Beaumont—. First National Bank ...... 600,000 Clarksville... .Red River National B a n k ...... 500,000 Corsicana..... Corsicana National B a n k ...... 500,000 Corsicana.... .First National Bank ...... 600,000 Dallas...... American Exchange National Bank ...... 3,000,000 Dallas...... Central State B a n k ...... 1,400,000 Dallas...... City National Bank ...... 3,500,000 Dallas...... -Dallas National B a n k ...... 600,000 Dallas...... Republic National Bank ...... 1,110,000 Dallas...... Southwest National B a n k ...... 2,500,000 Eagle Pass.. -First National B a n k ...... 450,000 El P a s o ...... -City National B a n k ...... 560,000 El Paso ...... First National B a n k ...... 1,200,000 El Paso ...... State National Bank ...... :...... 450,000 Fort Worth .Continental National Bank...... 750,000 Fort Worth -Farmers & Mechanics National Bank ...... 1,300,000 Fort Worth .First National Bank ...... 1,600,000 Fort Worth .Fort Worth National Bank ...... 1,600,000 Fort Worth .Stockyards National B a n k ...... 400,000 Gainesville .Lindsay National B an k...... 400,000 Galveston .. .City National B a n k ...... 400,000 Galveston .. .First National Bank ...... 400,000 Galveston .. .Texas Bank & Trust Company...... 1,000,000 Greenville .. .Greenville National Exchange B a n k ...... 500,000 Houston .... .First National Bank ...... 2,500,000 Houston .... .Houston National Exchange Bank ...... 1,600,000 Houston .... .Lumbermans National Bank ...... 1,000,000 Houston .... .National Bank of Commerce...... 850,000 Houston .... .South Texas Commercial National Bank ...... 2,000,000 Houston .... .Union National B a n k ...... 1,200,000 Laredo...... Laredo National B a n k ...... 400,000 Paris ...... City National B a n k ...... 400,000 Capital Texas— (C ontinued) and Surplus Paris ...... First National Bank ...... 400.000 San Angelo ...... Central National Bank...... 750.000 San Angelo ...... First National Bank...... 450.000 San Antonio...... Alamo National Bank ...... 1.250.000 San Antonio...... City National Bank...... 1.120.000 San Antonio...... Frost National Bank ...... 1.500.000 San Antonio...... Lockwood National Bank______520.000 San Antonio...... National Bank of Commerce...... 750.000 San Antonio...... San Antonio National Bank...... 680.000 Sherman ...... Commercial National Bank...... 400.000 Sherman ...... Merchants & Planters National Bank 1.200.000 Terrell ...... American National Bank...... 400.000 Terrell ..... :...... First National Bank...... 400.000 Texarkana ...... Texarkana National Bank...... 750.000 Tyler ...... Citizens National Bank ...... 500.000 Victoria ...... Victoria National Bank ...... 600.000 Waco ...... Central National Bank...... 600,000 Waco ...... First National Bank...... 750.000 Waco ...... First State Bank & Trust Company ... 450.000 Waco - ...... Provident National Bank...... 425.000 Waxahachie ...... Waxahachie National Bank...... 500.000 Wichita Falls ...... City National Bank of Commerce..... 1.700.000 Wichita Falls ...... First National Bank...... 1.500.000 LIST OF BANKS IN GROUP 3, FEDERAL RESERVE DISTRICT NO. 11 CAPITAL AND SURPLUS LESS THAN $100,000. (To Elect a Class "A ” Director) Capital Arizona and Surplus Nogales ...... Nogales National Bank ...... $75,000 Safford ...... Bank of S a ffo rd ...... 75,000 Tombstone ...... Cochise County State Bank . 40,000 Tombstone ...... First National B an k...... 25,000

Louisiana

Delhi ...... Macon Ridge National Bank $30,000 Gibsland ...... First National Bank ...... 42.500 Mansfield ...... American National Bank ...... 52,362 Minden ...... First National B a n k ...... 70,000 Winnfield ...... First National B a n k ...... 37.500

New Mexico

Alamogordo First State Bank ...... $55,000 Artesia ...... First National Bank ...... 60,000 Belen ...... First National B a n k ...... 75,000 Carrizozo .First National B a n k ...... 59,500 Clovis ...... Clovis National B a n k ...... 80,000 Corona...... Stockmens State Bank ...... 36,000 Deming ...... First National B a n k ...... 80,000 Elida ...... First National B a n k ...... 35,000 Fort Sumner .First National Bank ...... 32,000 Grady ...... First National B a n k ...... 27,500 Hagerman ... .First National Bank ...... 35,000 Hot Springs .First National B a n k ...... 37,500 Las Cruces . .First National B a n k ...... 60,000 Lordsburg . .First National Bank ...... 70,000 Loving ...... First National B a n k ...... 28,000 Lovington ... .First National B a n k ...... 70,000 Magdalena . .First National B a n k ...... 65,000 Melrose ...... First National Bank ...... 50,000 Nara Visa . .First National Bank ...... 45,000 Portales ...... First National B a n k ...... 65,000 Portales ...... Security State B a n k ...... 30,000 Santa Rosa . .First National B a n k ...... 75,000 Tucumcari . .American National Bank ...... 57,500

Oklahoma

Achille ...... Farmers & Merchants National B an k...... $35,000 Antlers ...... Citizens National B a n k ...... 60,000 Antlers ...... First National B a n k ...... 75,000 Atoka ...... American National Bank ...... 31,000 Bennington .First National Bank ...... 35,000 Bokchito ... .First National Bank ...... 27,500 Boswell ...... Citizens National Bank 27,50(1 Capital Oklahoma— (Continued) and Surplus Boswell ...... First National Bank ...... $90,000 Broken B o w ...... First National Bank ...... 30.000 Broken B o w ...... McCurtain County Bank ...... 28.000 Caddo ...... Caddo National Bank ...... 29.000 Calera ...... Calera National B a n k ...... 26.000 Caney ...... First National Bank ...... 25.000 Centrahoma ...... First National Bank ...... 27.500 Coalgate ...... City National Bank ...... 52.500 Colbert ...... First National B a n k ...... 30.000 Coleman ...... Coleman State Bank ...... 28.000 Fort Towson ...... American National Bank ...... 36.000 Fort Towson ...... First State B a n k ...... 55.000 Haworth ...... First National Bank ...... 30.000 Idabel ...... American National B an k...... 52,427 Idabel ...... Idabel National Bank ...... 60.000 Idabel...... State National Bank ...... 50.000 Kemp City ...... First National Bank ...... 35.000 Kenefic ...... First National Bank ...... 25.000 K in g sto n ...... First National Bank ...... 30.000 Lehigh ...... Lehigh National Bank ...... 47.000 Madill ...... First National Bank ...... 60.000 Madill ...... Madill National B a n k ...... 60,000 Madill ...... Marshall County National Bank 67.500 Milbum ...... First National Bank ...... 30.000 Mill Creek...... First National B a n k ...... 30.000 Mill Creek...... Mill Creek National B a n k ...... 27.500 Soper ...... First National Bank ...... 45.000 Tishomingo ...... Farmers National Bank ...... 30.000 Tishomingo ...... First National Bank...... 60.000 Tupelo ...... Farmers National Bank ...... 30.000 V a llia n t...... Citizens National B a n k ...... 38.500 V a llia n t...... Farmers State Guaranty Bank . 60.000 Wapanucka ...... First National B a n k ...... 28,000 Woodville ...... First National Bank ...... 35,000

Texas

Alba ...... Alba National Bank ...... $50,000 Alice ...... Citizens State Bank .... 80,000 Allen ...... First National Bank ..... 40.000 Alpine ...... Alpine State Bank ...... 70.000 Alto ...... Alto State Bank ...... 37,278 Anderson ..... First National Bank ..... 60.000 Annona ...... First National Bank ..... 30.000 Aransas Pass First National Bank ..... 35.000 Arlington ..... Farmers National Bank 50.000 Aspermont ... First National Bank ..... 50.000 Athens .. ... Athens National Bank . 75.000 4very; ...... Avery State Bank ...... 37,500 Avery ...... First National Bank ..... 50.000 Capital Texas— (Continued) and Surplus B agw ell...... First National B a n k ...... $33,085 B a ir d ...... First National Bank ...... 75,000 Ballinger...... Ballinger State Bank & Trust Company ...... 64,000 Bandera ...... First National Bank ...... —- 25,000 Bangs ...... First National Bank ...... 30,000 Bardwell ...... First National B a n k ...... 55,000 Bastrop ...... First National B a n k ...... — 75,000 Bay C it y ...... Bay City Bank & Trust Company...... ——- 85,000 Bedias ...... First State Bank ...... 30,000 Beeville ...... Beeville Bank & Trust Com pany...... 82,500 Bellevue ...... First National Bank ...... 60,000 Bells ...... First National Bank ...... 40,000 B ellville...... First National B a n k ...... 70,000 Belton ...... Belton National Bank...... 70,000 Belton ...... Peoples National Bank ...... 60,000 Bertram ...... First National Bank ...... 28,000 B ish op ...... First State Bank ...... 36,213 Blanco ...... Blanco National B a n k ...... 45,000 Blooming Grove Blooming Grove State Bank...... 55,000 Blooming Grove .Citizens National B a n k ...... 60,000 Blossom ...... First National B a n k ...... 88,000 B ogata...... Bogata National Bank ...... 75,000 B ogata...... First National Bank ...... 30,000 Bomarton ...... First State B a n k ...... 33,500 Bonita ...... First National Bank ...... 41,250 Booker ...... First National B a n k ...... 25,000 Bremond ...... First State B a n k ...... 62,000 Bridgeport ...... Bridgeport State Bank ...... 30,000 Bridgeport ...... First National Bank ...... 70,000 Brownfield ...... Brownfield State Bank ...... 50,000 Brownfield ...... First National Bank ...... 55,500 Buda ...... Farmers National Bank...... 40,000 Burnett ...... Burnett National Bank ...... 50,000 B y e rs...... First National Bank ...... 40,250 B ynum ...... First National Bank ...... 35,000 Caddo —...... First National Bank ...... 25,000 Caddo Mills ...... Caddo Mills State B an k...... 50,000 Canton...... First National Bank ...... 80,000 Canton...... Texas State B a n k ...... 75,000 Canyon ...... First State B a n k ...... 46,000 C arthage...... First National B a n k ...... 60,000 Celeste ...... First National Bank ...... 50,000 Celina ...... Celina State B a n k ...... 38,000 Celina ...... First State Bank ...... 50,000 Center ...... First National Bank ...... 65,000 Channing ...... First National Bank ...... 30,000 . Clarendon ...... Farmers State Bank ...... 60,000 ; .Clarendon ...... First National Bank ...... 80,000 ^ Claude______.First National Bank: ...... 50,$00 Cleveland ...... First National Bank .1:...... ‘40,$00 Capital Texas— (Continued) and Surplus Clifton ...... Clifton National Bank ...... $27,500 Clifton ...... Farmers Guaranty State Bank ...... 60,000 Clifton ...... First Guaranty State Bank ...... 60,000 C ly d e ...... Clyde National B a n k ...... 30.000 Coahom a...... First State B a n k ...... 26.500 Colorado ...... City National Bank ...... 90.000 Com m erce...... Citizens State Bank ...... 37.500 Com m erce...... First National B a n k ...... 60.000 Com m erce...... Planters & Merchants National Bank 60,000 Commerce ...... State Bank of Commerce...... 53.500 Como ...... Como State B a n k ...... 50.000 Cooper ...... Delta National B a n k ...... 60.000 Cooledge ...... First National B a n k ...... 90.000 Copperas C o v e ...... First State B a n k ...... 40.000 Corrigan ...... Corrigan National Bank ...... 25.000 Crandall ...... Citizens National Bank ...... 75.000 Crandall ...... First National B a n k ...... 55.000 Crosbyton ...... Citizens National B a n k ...... 60.000 C rosbyton...... First National Bank ...... 75.000 Cross P la in s...... Farmers National B a n k ...... 40.000 Cross Plains...... First Guaranty State Bank ...... 34.500 Crowell ...... First State Bank ...... 60.000 D aingerfield...... Citizens National B a n k ...... 50.000 Dawson ...... First National Bank ...... 50.000 D ecatu r...... Security State Bank ...... 60.000 Denton ...... First Guaranty State B an k...... 58.000 D ep ort...... First National B an k ...... »...... 80.000 D ev in e...... Adams National Bank...... 75.000 Dodd C it y ...... First National Ba n k ...... 36.000 Dublin ...... Dublin National Bank ...... 72.000 East Bernard ...... Union State B an k ...... 60.000 Eddy ...... First National Ba n k ...... 65.000 E dgew ood...... Farmers & Merchants State Bank ...... 55.000 Electra ...... First National Bank ...... 85.000 Electra ...... Security National Ba n k ...... 50,094 E m house...... First State B a n k ...... 50.000 Emory ...... First National Ba n k ...... 32.000 Enloe ...... First National Ba n k ...... 50.000 Fabens ...... First National Ba n k ...... 27.500 Falfurrias ...... First National Ba n k ...... 55.000 Falfurrias ...... Falfurrias State Bank ...... 76.500 Falls C i t y ...... Falls City National B a n k ...... 37.000 Fayetteville ...... Farmers National Bank ...... 30.500 Ferris ...... -...... Farmers & Merchants State Bank ..... 65.000 Ferris ...... Ferris National Bank ...... 85.000 Flatonia ...... Flatonia State Bank ...... 55.000 Floresville...... City National B a n k ...... 70.000 Floresville...... First National Bank ...... 90.000 Floydada ...... First State Bank _.._J...... 60.000 Follett ...... Farmers National Ba n k ...... 25,000 Capital Texas— (Continued) and Surplus Follett ...... Follett National Bank ...... $37,500 Forney ...... City National Bank...... 80,000 Forney ...... Forney State Bank ...... ~...... 45,000 Fort Stockton .. .First National Bank ...... 37,500 Franklin ...... -First National Bank ...... - 85,000 Franklin ...... First State B ank...... » 45,000 Freeport ...... Freeport National Bank...... * 62,500 Frisco ...... First National B ank...... 25,779 Frost ...... Citizens State Bank ...... 75,000 Frost ...... First National B ank...... 75,000 Ganado ...... Farmers State Bank...... 37,000 Garland ...... First National Bank ...... 60,000 Gatesville ...... Guaranty State Bank & Trust Company...... 63,500 George W est .... .First State Bank ...... 60,824 Gilmer ...... Farmers & Merchants National Bank...... 60,000 G ilm er...... Gilmer State Bank ...... 54,000 Glen R o s e ...... First National B ank...... — 75,000 G od ley...... Citizens National Bank...... 27,500 Goldthwaite ...... Goldthwaite National Bank ...... 90,000 Gordon ...... First National Bank ...... 60,000 G oree...... First National B ank...... 50,000 Gorman ...... First National B ank...... — 52,500 G raford ...... First State B ank...... 70,000 Graham ...... Graham National Bank...... 60,000 Granbury ...... City National Bank ...... 70,000 Grand Prairie .... .First State Bank ...... 60,200 Grand Prairie .... .Guaranty State B ank...... 25,000 Grand Saline .... .National Bank of Grand Saline...... 60,000 Grand View ...... Farmers & Merchants National Bank ...... 65,000 Grand View ...... First National B ank...... 80,000 G ranger...... First National B ank...... 70,000 G ranger...... Granger National Bank ...... 37,000 Gregory ...... First National Bank...... 50,000 Groesbeck ...... Citizens National Bank...... 65,000 Groom ...... First National Bank...... 27,500 Hallsville...... Farmers State B ank...... 26,000 Hamlin ...... First National Bank...... 62,500 Hamlin ...... First State Bank ...... 50,000 Harlingen ...... First National Bank ...... 25,894 Hawkins ...... First National Bank ...... 30,000 Hedley...... Guaranty State Bank...... 35,000 Hemphill ...... First National Bank ...... 60,000 Hempstead ...... Farmers National Bank...... 86,000 Hereford ...... First National Bank ...... 50,000 Higgins ...... Citizens National Bank...... 50,000 Higgins ...... First National Bank ...... 50,000 Holland ...... First National Bank ...... 60,000 Hondo ...... First National Bank ...... 72,000 Howe ...... Farmers National Bank ...... j 40,000 Hughes Springs ..First National Bank ...... ^.^...... —..-...... ,...^80,000 Capital Texas— (Continued) and Surplus Huntsville .. Gibbs National Bank ...... $60,000 Hutto ____ Hutto National Bank ...... 44,000 Iola ...... Iola State B a n k ...... 30,000 Irene ...... First National B a n k ...... 30,000 Italy ...... Farmers State B a n k ...... 52,500 Itasca ...... Itasca National Bank ...... 60,000 Jacksboro ~ .Jacksboro National B a n k ...... 70,000 Jacksonville First Guaranty State B a n k ...... 87,500 Jasper ...... Citizens National Bank ...... 40,000 J a y to n ...... First National Bank ...... 80,000 Jefferson .... .Commercial National Bank ...... 40,000 Jefferson __ .Rogers National Bank ...... 50,000 Josephine .. .Josephine State B a n k ...... 36,000 Junction .... .First National B a n k ...... 58,000 K erens...... First State B a n k ...... 80,000 Kilgore ...... Kilgore State Bank ...... 37,500 K illeen...... First National Bank ...... 50,000 K illeen...... First State B a n k ...... 52,000 K illeen...... Guaranty State B a n k ...... 30,000 Kingsbury . .First National B a n k ...... 30,000 Kirkland .... .First State Bank ...... 52,500 Knox City .. .First National Bank ...... 37,500 Kosse ...... First National Bank ...... 65,000 La Coste .... .La Coste National B a n k ...... 57,000 L adonia...... First State Bank ...... 45,000 La Feria ... .Cameron County Bank ...... 28,000 Lamesa ...... First National Bank ...... 70,000 Lamesa ...... First State B a n k ...... 90,000 Lampasas .. .Peoples National Bank ...... 75,000 Lancaster _ .First National Bank ...... 65,000 Leakey ...... First State Bank ...... __ 26,750 Leonard ... .First National Bank ...... 90,000 Leonard .... .First State B a n k ...... 61,500 Lewisville . .First National Bank ...... 65,000 Liberty ___ .Liberty State Bank ...... 45,000 L inden____ .First National Bank ...... 37,000 L ip a n ...... First National Bank ...... 35,000 Livingston .First National Bank ...... 75,000 L la n o ...... Llano National Bank ...... 50,000 Lockney ... .First National Bank ...... 50,000 Lockney ... .Lockney State Bank ...... 52,500 Lometa ___ .First National Bank ...... 37,500 Lone Oak . .Farmers National B a n k ...... 40,000 Longview . .Commercial Guaranty State Bank ...... 50,000 Loraine ...... First State Bank ...... 1...... 60,000 Lorena ...... First National Bank ...... 42,000 Lorenzo ...... First State Bank ...... 50,000 Lovelady ... .First National Bank ...... 40,000 ' L u fk in ...... Citizens Guaranty State Bank ...... 80,000 jLuling ...... Citizens State Bank ...... r..T„,.,,...... 32,000 Capital Texas—(Continued) and Surplus Madisonville ..... Farmers State B a n k ...... $50,000 Madisonville ..... First National B a n k ...... 53,320 M a la k o ff...... First National B a n k ...... 38,000 Malone ...... First State B a n k ...... 33,000 Manor ...... Farmers National B a n k ...... 60,000 Mansfield ...... First National B a n k ...... 40,000 Marble Falls ___ .First National B a n k ...... 35,000 Matador ...... First National B a n k ...... 35,000 Matador ...... First State Bank ...... 50,000 M a th is...... First National B a n k ...... 29,775 M a th is...... First State B a n k ...... 50,000 Maud ...... Maud National B a n k ...... 25,000 May ...... First National B a n k ...... 35,000 Maypearl ...... Citizens State Bank ...... 50,000 Maypearl ...... Farmers & Merchants State Bank ...... 50,000 McAllen ...... First National Bank ...... 50,000 McGregor ...... First State B a n k ...... 56,000 McLean ...... American National B a n k ...... 30,000 McKinney ...... Central State B a n k ...... 82,000 Melissa ...... Melissa National B a n k ...... 55,000 M em ph is...... Hall County National B a n k ...... 75,500 Menard ...... Menard National Bank ...... 29,500 M ercedes...... First National B a n k ...... 60,000 Meridian ...... First National B a n k ...... 60,000 Merit ...... First National B a n k ...... 35,000 Merkel ...... Farmers & Merchants National Bank ...... 65,000 Mertens ...... First Guaranty State B a n k ...... 32,000 M ertzon...... First National Bank ...... 75,000 Mesquite ...... First National B a n k ...... 70,000 M idland...... Midland National Bank ...... 75,000 Midlothian ...... First National Bank ...... 90,000 Miles ...... Miles National Bank ...... 95,000 Mission ...... First National B a n k ...... 50,000 Mission ...... First State Bank ...... 60,000 Moody ...... First National Bank ...... 75,000 Moore ...... Moore National B a n k ...... 60,000 Moran ...... Moran State B a n k ...... 40,000 Morgan ...... First National B a n k ...... 35,000 Mount Calm .— .First National B a n k ...... 60,000 Mount Calm .— .First State B a n k ...... 50,000 Mount Pleasant .Guaranty State B a n k ...... 90,000 Mount Pleasant .State National Bank ...... 90,000 M un day...... First National Bank ...... 70,000 M unday...... First State Bank ...... 40,000 Murchison ...... First State B a n k ...... 28,400 N a p le s...... Morris County National B a n k ...... 55,000 Nevada ...... First National Bank ...... 48,000 New B o sto n ...... First National Bank ...... 60,000 New B o sto n ...... New Boston National Bank ...... 60,000 Newcastle ...... First National Bank ...... 60,000 Capital Texas— (Continued) and Surplus Newsome ...... First National B ank ...... $25,000 Nixon ...... First National Bank ...... 53,900 Nocona __—.... ___ Peoples National B a n k ...... 50,000 Normangee - ...... First National Bank ...... 30,000 Normangee...... First State Bank...... 50,000 North Z u lch ..... ___ Farmers Guaranty State Bank ...... 27,500 Odessa ...... Citizens National Bank ...... - 61,000 O lney...... —.Farmers State B a n k ...... 36,000 Olney ...... First National B a n k ...... 75,000 Palmer ...... First Guaranty State Bank ...... 42,500 Pampa ...... First National Bank ...... 75,000 Pam pa...... Gray County State Bank ...... 38,000 Paradise ...... Paradise State Bank ...... 25,300 Penelope ...... Penelope State B a n k ...... 26,250 Perrin ...... — .First State Bank ...... 37,500 Perryton ...... First National B a n k ...... 60,000 P erryton ...... , .....Perryton National Bank ...... 30,000 Petty ...... Citizens National Bank ...... 47,000 Pharr —...... First National Bank ...... 50,000 Pilot Point...... Pilot Point National B an k...... 80,000 Pleasanton ...... First National Bank ...... 60,000 Port L avaca..... ___First National Bank ...... 75,000 Port Neches ...... ____First National Bank ...... 30,000 Post City ...... First State B an k...... 28,000 Poth ...... First National Bank ...... 35,000 Purdon ...... ___ First National Bank ...... 35,000 Quinlan ...... First National Bank ...... 40,000 Quitague...... First National Bank ...... 30,000 Quitman ...... First National Bank ...... 75,000 Ralls ...... First State Bank ...... 40,000 Ralls ...... Guaranty State Bank & Trust Company...... 68,000 Reagan ...... First State Bank...... 45,000 R hom e...... ___First National Bank ...... 32,000 Rice ,...... First National Bank ...... 27,500 R ic e ...... ___First State Bank ...... 50,000 Richardson ...... Citizens State B a n k ...... 39,000 Richland ...... First State Bank ...... 45,000 Richmond ...... First National Bank ...... 75,000 Rio Grande...... ___First National Bank...... 25,000 Rising S ta r...... First National Bank ...... _...... 35,000 Roaring Springs ...... First State B a n k ...... 46,000 Robstown ...... First State B a n k ...... 40,000 Robstown ...... Guaranty State Bank ...... 60,000 Roby ...... ___ First State B ank...... 40,790 Rockdale ...... ___First National B a n k ...... 90,000 R ockport...... First National B a n k ...... 50,000 Rocksprings ...... __ .First National Bank ...... 38,500 Rockwall ...... Farmers National Bank ...... 60,000 Rockwall ...... Guaranty State B a n k ...... 81,000 Rogers ...... ___First National Bank ...... 75,000 Capital Texas—(Continued) and Surplus Rosebud ...... First National Bank ...... $95,000 Rotan ...... First National Bank ...... 65,000 Roxton ...... First National Bank ...... ,...... 60,000 Royse City ___ First National B a n k ...... 75,000 Royse City ___ .First State B a n k ...... 75,000 R u le ...... First National Bank ...... 30,000 Runge ...... Runge National Bank ...... 60,000 Sabinal ...... First State B a n k ...... 82,500 Saint Jo ...... Citizens National B a n k ...... 31,250 Saint Jo ...... First National Bank ...... 60,000 San Augustine Commercial Guaranty State Bank ...... 60,500 San Augustine First National Bank ...... 80,000 Sanger ...... First National Bank ...... 60,000 Sanger ...... Sanger National Bank ...... 48,000 San Marcos ... First National B a n k ...... 90,000 San Saba ...... San Saba National Bank ...... 57,500 Santa A n n a .... .First National B a n k ...... 80,000 Santa A n n a ...... First State B a n k ...... 55,000 S a n to ...... First National B a n k ...... 38,000 Savoy ...... First State Bank ...... 34,000 Schulenburg ... .First National B a n k ...... 70,000 Schw ertner...... First National Bank ...... 35,000 Sealy ...... Sealy National B a n k ...... 65,500 S eg u in ...... First National Bank ...... 93,000 Seminole ...... First State B a n k ...... 70,000 Seymour ...... First Guaranty State Bank ...... 40,500 Shiro ...... Farmers State Bank ...... 50,000 Sinton ...... Bank of Commerce ...... 62,000 Slaton ...... First State B a n k ...... 43,500 Smithville ...... First National Bank ...... 70,000 Snyder ...... First State Bank & Trust Company ...... 75,000 Sour Lake ____ .Citizens National Bank ...... 50,000 Spearman ...... First National Bank ...... 50,000 Spearman ...... Guaranty State Bank ...... 30,000 Spur ...... City National Bank ...... 65,000 Stanton ...... Home National Bank ...... 35,000 Stratford ...... Sherman County National B a n k ...... 26,250 Strawn ...... First National B a n k ...... 90,000 Streetm an...... First State B a n k ...... 45,000 Tahoka ...... First National B a n k ...... 75,000 Teague ...... First National Bank ...... 60,000 Teague ...... First State B a n k ...... 55,000 Texas City .... .First National Bank ...... 29,000 Texas City ...... Texas City National Bank ...... 60,000 Thorndale ...... First National Bank ...... 60,000 Throckmorton .First National B a n k ...... 90,000 T io g a ...... First Guaranty State Bank ...... 38,500 Tom B e a n ...... First National Bank ...... 41,000 Trenton ...... Guaranty State Bank ...... 35,000 T rinity...... Trinity National Bank ...... 58,500 Capital Texas— (Continued) and Surplus Troup ...... First National Bank ...... $46,000 Turkey ____ .First National Bank ...... 30,000 Valley Mills .Citizens State B a n k ...... 34,000 Valley Mills .First National Bank ...... 50,000 Valley View .First National Bank ...... 35,000 Valley View .First Guaranty State Bank ...... 33,300 Van Alstyne .First National Bank ...... 80,000 Venus ...... Farmers & Merchants National Bank...... 75,000 V ictoria...... Peoples National Bank ...... 57,000 Wellington . .First National Bank ...... 50,000 W est ...... First State B a n k ...... 50,000 W est ...... National Bank of West...... 60,000 Wharton ...... Security Bank & Trust Company...... 65,000 W hite Deer . .First National Bank ...... 49,900 White Deer . .First State Bank ...... 35,000 Whitesboro . .City National Bank ...... 60,000 Whitesboro . .First National Bank ...... 60,000 Whitney ...... Citizens National Bank ...... 65,000 Whitney ...... First National Bank ...... 60,500 Wills Point . .First National Bank ...... 90,000 Wills Point . .Van Zandt County National Bank ...... 60,000 Winfield ...... First National B a n k ...... 82,500 Winnsboro . .Merchants & Planters State Bank ...... 60,000 Winters ...... First National Bank ...... 40,000 W olfe City . .First State B a n k ...... 75,000 Woodsboro . .First National Bank ...... 32,500 Wortham ... .First National Bank ...... 70,000 Wortham ... .First State Bank ...... 65,000 Yorktown ... .First National Bank ...... 90,000 LIST OF BANKS IN GROUP 1 WHICH HAVE DESIGNATED OFFICERS TO CAST VOTE IN ELECTION OF DIRECTORS.

Louisiana Monroe...... Ouachita National B a n k ...... T. E. Flournoy, President Shreveport.... .Commercial National B a n k ...... E. A . Conway, Cashier Shreveport— .First National Bank ...... W . L. Young, Vice-President

New Mexico Albuquerque. .First National Bank ...... C. S. White, Cashier Roswell...... Citizens National B a n k ...... Jno. W . Poe, President Texas Austin...... American National Bank...... H. A. Wroe, President Austin...... Austin National Bank ...... Wm. H. Folts Beaumont...... American National Bank...... B. R. Norvell, President Beaumont...... First National Bank...... W. L. Pondrom, Vice Pres. Corsicana...... Corsicana National Bank ...... R. M. Thompson, Vice Pres. Dallas...... American Exchange National Bank...... E. M. Reardon, President Dallas...... City National Bank ...... Lang Wharton, Vice President Dallas...... Dallas National Bank...... J. D. Gillespie, Vice President Dallas...... Republic National Bank ...... F. F. Florence, Vice President Dallas...... Southwest National Bank...... Sam R. Lawder, Cashier El Paso...... City National Bank ...... U. S. Stewart, President El Paso...... First National Bank...... James G. McNary, President El Paso...... State National Bank ...... R. W. McAgee, Cashier Fort Worth...... Continental National Bank...... J. G. Wilkinson, President Fort Worth...... Farmers & Mechanics National Bank ...... J. T. Pemberton, Vice Pres. Fort Worth...... First National Bank ...... R. C. Martin, Cashier Fort Worth...... Fort Worth National Bank...... W . D. Reynolds Gainesville...... Lindsay National Bank...... 0 . E. Powers, Cashier Galveston...... First National Bank...... — .Fred W . Catterall, Cashier Galveston____ ..Texas Bank & Trust Company...... ____ J.W. Butler, Vice President Greenville...__ ..Greenville National Exchange Bank...... C. B. Jones, Vice President Houston...... First National Bank ...... F. E. Russell, Cashier Houston...... Houston National Exchange Bank ...... Melvin Rouff, Cashier Houston...... -Lumbermans National Bank...... Guy M. Bryan, Vice President Houston...... South Texas Commercial National Bank...... S. M. McAshan, 1st Vice Pres. Houston...... Union National Bank ______...... J. S. Rice Paris...... First National Bank ...... F. D. Mallory, Vice President San Angelo___ ...First National Bank ...... Geo. E. Webb, President San Antonio...... Alamo National Bank...... Ernest Steves, Vice President San Antonio...... City National Bank ...... H. M. Hart, Asst. Cashier San Antonio...... Frost National B ank...... J. H. Frost, Vice President San Antonio...... San Antonio National Bank...... F. Herff, President Sherman...... Commercial National Bank...... W. R. Brents, President Sherman...... Merchants & Planters National Bank...... „_P. R. Markham, Cashier Terrell...... American National Bank...... Ben Allen, Cashier Terrell...... First National Bank ...... M. H. Pace, Cashier Texarkana...... Texarkana National Bank...... W. R. Grim, President Victoria...... Victoria National Bank...... F. S. Buhler, Cashier Waco...... First National Bank ...... W. W. Woodson, President Waco—. . : ..Provident National Bank ...... J. K. Rose, President Waxahachie... ..Waxahachie National Bank ...... „ — - Will McPherson, Cashier ; Wichitsi Fails:! .'-First National Bank...... -.‘L.l W. ‘M. McGregor, President LIST OF BANKS IN GROUP 3 WHICH HAVE DESIGNATED OFFICERS TO CAST VOTE IN ELECTION OF DIRECTORS.

New Mexico Nara V is a ...... -F irst National Bank ...... James R. Bum s, Cashier Tucumcari...... American National Bank ...... W. F. Kirby, Cashier

Oklahoma Antlers...... -....Citizens National Bank ...... Clark Wasson, Cashier Antlers...... First National Bank ...... M. D. Jordan, Cashier Atoka ...... American National Bank ...... E. T. Johnson, President Bennington...... First National Bank ...... A . M. Blythe, Cashier Boswell...... First National Bank ...... W . W. Moran, President Broken Bow...... First National Bank ...... J. W . Costilow, President Broken Bow...... McCurtain County B ank...... E. M. Tankersley, Vice Pres. Calera...... Calera National Bonk...... W . G. Cotner, Cashier Colbert...... First National Bank ...... W. H. McCarley, President Fort Towson...... American National Bank ...... Henry W . Carter, Cashier Haworth...... First National Bank ...... C. H. Morris, Cashier Kingston.—...... First National Bank ...... Bruce May, Vice Pres. & Cash. Madill-...... ,...... Marshall County National Bank . John Landram, Cashier Soper...... First National Bank ...... W. L. Ellis, Cashier Tupelo______-...... Farmers National Bank...... R. N. Armstrong, President Valliant...... Citizens National Bank ...... S. E. Barnett, Cashier

Texas Aransas Pass...... First National Bank ...... L. T. Ayres, Cashier Baird...... First National Bank ...... W . S. Hinds, Cashier Bandera...... First National Bank ...... A. Meadows, Cashier Blossom...... -First National Bank ...... H. M. Norris, Asst. Cashier Channing...... First National Bank ...... D. W. Woolley, V.-P. and C. Clarendon...... First National Bank ...... W. W. Taylor, Cashier Clifton...... Farmers Guaranty State Bank J. M. Jenson, Cashier Clifton...... First Guaranty State Bank ...... R. R. Waldrop, President Commerce...... - ...... First National Bank ...... W. B. DeJernett, President Deport...... First National Bank ...... J. H. Moore, President East Bernard...... Union State Bank ...... R. B. Boettcher, Cashier Falfurrias...... First National Bank ...... T. R. Bennett, Cashier Fort Stockton...... First National Bank ...... A. Warren Dunn, Cashier Freeport...... Freeport National Bank ...... W . C. McLendon, Cashier Frost...... Citizens State Bank ...... N. Hollingsworth, Cashier Garland...... First National Bank ...... L. L. Caldwell, Vice Pres. Glen Rose...... First National Bank ...... W . A . Sandlin, Cashier Graford...... First State Bank ...... A. F. Jones, Cashier Grand Prairie...... Guaranty State B a n k ...... F. C. Rector, Cashier Hamlin...... First National Bank ...... B. L. Jones, Cashier Hamlin...... First State Bank ...... J. W . Ezell, Cashier. Hughes Springs...... First National Bank ...... R. M. Kasling, Cashier. Jasper...... Citizens National B a n k ...... Jno. H. Seale, Cashier Lancaster...... First National B a n k ...... W . Y . Perry, Cashier Matador...... First National Bank ...... Eugene Sanford, Cashier Memphis...... Hall County National Bank ...... H. E. Deaver, President Meridian-Tc.:..,J...>..~.-First National Bank ...... J. T. McConnell, Cashier , Merit^4.-.^:^---t--‘-^-First National Bank ...... J. D. Leatherwood, Cashier Texas— ( C ontinued)

Midland...... Midland National Bank ... R. V . Hyatt, Cashier Munday...... First State Bank ...... E. Duval, President McKinney...... Central State B ank...... Add G. Wilson, Director Newsome...... First National Bank ...... Clem F. Corley, Cashier Olney...... First National Bank ...... Wright McClatchey, Vice P. Pilot Point...... Pilot Point National Bank A . H. Gee, President Port Lavaca...... First National Bank ...... Willett Wilson, President Quitaque...... First National Bank ...... Orlin Starr, Cashier Rhome...... First National Bank ...... L. R. Douglas, Cashier Richardson...... Citizens State Bank...... F. E. Hendricks, Cashier Rio Grande...... -First National Bank ...... Lawrence R. Brooks, Pres. Rotan...... First National Bank ...... W. W. Barron, President Royse City...... First State Bank...... E. M. Paulk, Cashier Sanger...... First National Bank ...... E. L. Berry, Cashier. Sanger...... Sanger National Bank...... Geo. O. Hughes, Vice Pres, San Marcos...... First National Bank...... A. . L. Blair, President Sealy...... Sealy National B ank...... C. T. Sanders, Cashier Seminole...... First State Bank ...... B. B. Curry, Cashier Thorndale...... First National Bank...... Chas. A. Davis, Cashier Trinity...... Trinity National Bank...... Geo. R. Barnes, Vice Pres. Wills Point...... First National Bank ...... Jno. E. Owens, President