|
|
|
R E S O L U T I O N
|
|
WHEREAS, Locally owned and operated financial institutions |
|
contribute to the economic prosperity of the Lone Star State, and |
|
First National Bank of Quitaque is celebrating its 100th year of |
|
operation in 2021; and |
|
WHEREAS, First National Bank opened its doors on August 2, |
|
1920, seven years before Quitaque itself was incorporated, and the |
|
bank finished its first day with total assets of $39,764.53; the |
|
bank's first president, Amos Persons, played a leading part in |
|
bringing the Fort Worth and Denver Railway to Quitaque in 1928, and |
|
the bank also helped finance the town's first school, first water |
|
system, and first electrical facility; and |
|
WHEREAS, The bank was one of the only financial institutions |
|
in the region to stay open throughout the Great Depression, and for |
|
a time, it was the only bank in operation between Childress and |
|
Plainview; over the years, it has continued to contribute to the |
|
wider community, playing a vital role in the creation of Caprock |
|
Canyons State Park and in the designation of the park as home of the |
|
official Texas Bison Herd in 1997; in 2013, the bank was named one |
|
of the top three agricultural banks in the nation by the Independent |
|
Community Bankers of America; and |
|
WHEREAS, For its first 60 years, the bank was located at the |
|
corner of First and Main Streets, and it moved to its present |
|
location in 1980; some longtime employees have worked for the bank |
|
for up to 40 years, and since Amos Persons, the bank has had only |
|
four presidents, including Orlin Stark, O. R. Stark Jr., Bob Ham, |
|
and Guy W. Young, who has carried on the institution's proud legacy |
|
since 1999; in 2018, FNB opened a loan office in Tulia, and the |
|
following year it upgraded the facility to a full-service branch, |
|
under the direction of branch president Alyssa Irlbeck Jones; and |
|
WHEREAS, The bank's popular monthly newsletter, Comings, |
|
Goings & Doings, was established by O. R. Stark Jr. in 1953, and for |
|
46 years, he chronicled the community's school news, farm |
|
production, crop and lake reports, local history, and many other |
|
subjects; after Mr. Stark passed away in 2000, Mr. Young took over |
|
the newsletter, which has been recognized by the American Bankers |
|
Association as the longest continuously published bank newsletter |
|
in the industry's history; and |
|
WHEREAS, Local banks that build a record of dependability and |
|
longevity enjoy a special degree of esteem in their communities, |
|
and the staff members of First National Bank of Quitaque may indeed |
|
take great pride in their long record of service; now, therefore, be |
|
it |
|
RESOLVED, That the House of Representatives of the 87th Texas |
|
Legislature hereby commemorate the 100th anniversary of First |
|
National Bank of Quitaque and extend to all those associated with |
|
the bank sincere best wishes for continued success in their |
|
important work; and, be it further |
|
RESOLVED, That an official copy of this resolution be |
|
prepared for First National Bank as an expression of high regard by |
|
the Texas House of Representatives. |
|
|
King of Hemphill |
|
|
|
______________________________ |
|
Speaker of the House |
|
|
I certify that H.R. No. 1081 was adopted by the House on May |
|
14, 2021, by a non-record vote. |
|
|
|
______________________________ |
|
Chief Clerk of the House |
|