By: Hunter, Todd H.R. No. 327 73R5445 BNL-D R E S O L U T I O N 1-1 WHEREAS, Olegario Vasquez Rana, as the majority shareholder 1-2 of Mercantile Bank, N.A., recently purchased First City Bank in 1-3 Corpus Christi, and this well-respected financial institution will 1-4 surely benefit from the financial expertise and experience that 1-5 Mr. Vasquez has brought to all of his ventures; and 1-6 WHEREAS, A successful businessman for nearly four decades, 1-7 Mr. Vasquez began his career in his father's furniture and 1-8 appliance business in Mexico City; during the 1950s, he and his 1-9 brothers expanded the family's involvement in the retail business 1-10 and later founded Cia. Hermanos Vasquez, the largest furniture 1-11 store in Mexico City; and 1-12 WHEREAS, Mr. Vasquez quickly demonstrated his keen business 1-13 sense and considerable financial acumen; in 1967, he purchased one 1-14 bus in the cooperative Omnibus de Mexico, and within a few years he 1-15 became the majority owner of the company; and 1-16 WHEREAS, This astute entrepreneur has founded several 1-17 corporations of his own, including the air charter business 1-18 Aerotaxi Mexicano, the real estate and development company 1-19 Inmuebles Florida, S.A., and the land clearing company Desmontes 1-20 Zavala; in addition, Mr. Vasquez established the largest water 1-21 purification and distribution business in Mexico, and in 1990 he 1-22 purchased the former MBank Brownsville from MCorp, thus 1-23 establishing Mercantile Bank, N.A., the largest independent bank in 1-24 the Rio Grande Valley; and 2-1 WHEREAS, Many of Mr. Vasquez's enterprises have greatly 2-2 benefited the people of Mexico; in 1986, Humana Corporation sold 2-3 Hospital Angeles del Pedregal, S.A., in Mexico City to Mr. Vasquez, 2-4 who made $28 million in improvements to the facilities and 2-5 transformed the hospital into the finest medical complex in the 2-6 country; and 2-7 WHEREAS, In addition to his notable reputation in the field 2-8 of business, this outstanding individual also is well known for his 2-9 national and world records in rifle shooting; a four-time member of 2-10 Mexico's Olympic shooting team, Mr. Vasquez has served as president 2-11 of the International Shooting Union since 1980 and has received 2-12 international recognition and acclaim for his efforts in behalf of 2-13 the sport; and 2-14 WHEREAS, Mr. Vasquez has a long and distinguished record of 2-15 success with his many business interests and civic improvements, 2-16 and the business and community leaders of Corpus Christi look 2-17 forward to working with him to ensure the success of his latest 2-18 endeavor with First City Bank; now, therefore, be it 2-19 RESOLVED, That the House of Representatives of the 73rd Texas 2-20 Legislature hereby congratulate Olegario Vasquez Rana on his 2-21 acquisition of First City Bank and extend to him a warm welcome to 2-22 the beautiful city of Corpus Christi with best wishes for many 2-23 years of continued success; and, be it further 2-24 RESOLVED, That an official copy of this resolution be 2-25 forwarded to Mr. Vasquez as an expression of high regard by the 2-26 Texas House of Representatives.