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R E S O L U T I O N
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WHEREAS, Locally owned and operated financial institutions |
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contribute to the economic prosperity of the Lone Star State, and |
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First National Bank of Quitaque is celebrating its 100th year of |
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operation in 2021; and |
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WHEREAS, First National Bank opened its doors on August 2, |
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1920, seven years before Quitaque itself was incorporated, and the |
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bank finished its first day with total assets of $39,764.53; the |
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bank's first president, Amos Persons, played a leading part in |
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bringing the Fort Worth and Denver Railway to Quitaque in 1928, and |
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the bank also helped finance the town's first school, first water |
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system, and first electrical facility; and |
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WHEREAS, The bank was one of the only financial institutions |
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in the region to stay open throughout the Great Depression, and for |
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a time, it was the only bank in operation between Childress and |
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Plainview; over the years, it has continued to contribute to the |
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wider community, playing a vital role in the creation of Caprock |
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Canyons State Park and in the designation of the park as home of the |
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official Texas Bison Herd in 1997; in 2013, the bank was named one |
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of the top three agricultural banks in the nation by the Independent |
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Community Bankers of America; and |
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WHEREAS, For its first 60 years, the bank was located at the |
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corner of First and Main Streets, and it moved to its present |
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location in 1980; some longtime employees have worked for the bank |
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for up to 40 years, and since Amos Persons, the bank has had only |
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four presidents, including Orlin Stark, O. R. Stark Jr., Bob Ham, |
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and Guy W. Young, who has carried on the institution's proud legacy |
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since 1999; in 2018, FNB opened a loan office in Tulia, and the |
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following year it upgraded the facility to a full-service branch, |
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under the direction of branch president Alyssa Irlbeck Jones; and |
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WHEREAS, The bank's popular monthly newsletter, Comings, |
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Goings & Doings, was established by O. R. Stark Jr. in 1953, and for |
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46 years, he chronicled the community's school news, farm |
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production, crop and lake reports, local history, and many other |
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subjects; after Mr. Stark passed away in 2000, Mr. Young took over |
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the newsletter, which has been recognized by the American Bankers |
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Association as the longest continuously published bank newsletter |
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in the industry's history; and |
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WHEREAS, Local banks that build a record of dependability and |
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longevity enjoy a special degree of esteem in their communities, |
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and the staff members of First National Bank of Quitaque may indeed |
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take great pride in their long record of service; now, therefore, be |
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it |
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RESOLVED, That the House of Representatives of the 87th Texas |
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Legislature hereby commemorate the 100th anniversary of First |
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National Bank of Quitaque and extend to all those associated with |
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the bank sincere best wishes for continued success in their |
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important work; and, be it further |
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RESOLVED, That an official copy of this resolution be |
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prepared for First National Bank as an expression of high regard by |
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the Texas House of Representatives. |