By: Kubiak H.R. No. 340 73R5276 PFG-D R E S O L U T I O N 1-1 WHEREAS, The citizens of Caldwell joined the employees of the 1-2 Caldwell National Bank and many others on February 5, 1993, to 1-3 celebrate the 90th anniversary of this revered local institution at 1-4 a reception and dedication of the bank's historical marker by the 1-5 Texas Historical Commission; and 1-6 WHEREAS, The oldest financial institution in Burleson County, 1-7 the Caldwell National Bank opened its doors in 1903, the year the 1-8 Boston Red Sox won the first World Series; in the county that year 1-9 the first chamber of commerce was organized and local residents 1-10 were paying just four cents for a loaf of bread; and 1-11 WHEREAS, Starting with a modest $25,000 in capital stock and 1-12 35 initial investors, the Caldwell National Bank quickly surpassed 1-13 its rival, the First National Bank of Caldwell, which had been 1-14 founded two weeks later; absorbing the First National Bank in 1906, 1-15 the Caldwell National Bank proceeded to steadily grow and prosper 1-16 over the many years, becoming a familiar and cherished fixture on 1-17 the local scene; and 1-18 WHEREAS, A vital component of the local economy, this 1-19 historic bank has enabled the Caldwell community to flourish as 1-20 well, and consistently has supported area citizens through good and 1-21 bad times, outlasting even the lean years of the Great Depression; 1-22 and 1-23 WHEREAS, The current president of the Caldwell National Bank, 1-24 Salvatore A. "Sal" Zaccagnino, has enjoyed a highly successful and 2-1 well-regarded tenure since assuming his duties in 1989 and 2-2 continues the proud tradition of wise and steadfast leadership 2-3 established by his accomplished predecessors, beginning with the 2-4 institution's first president, J. J. Lane, a wholesale merchant who 2-5 organized the bank in 1903; and 2-6 WHEREAS, During the recent difficult economic times that saw 2-7 some of our state's larger banks struggle, the Caldwell National 2-8 Bank has continued to thrive and to serve the many hardworking 2-9 citizens of this county with great dedication; and 2-10 WHEREAS, Thanks to the integrity, devotion, and skill of the 2-11 bank's employees and their longstanding commitment to the 2-12 community, the Caldwell National Bank is truly an outstanding 2-13 financial institution that is an excellent model for all businesses 2-14 in our state and is indeed deserving of special legislative 2-15 recognition on reaching its 90th year; now, therefore, be it 2-16 RESOLVED, That the House of Representatives of the 73rd Texas 2-17 Legislature hereby join with the citizens of Caldwell in 2-18 celebrating the 90th anniversary of the Caldwell National Bank; 2-19 and, be it further 2-20 RESOLVED, That an official copy of this resolution be 2-21 prepared for prominent display at the Caldwell National Bank as an 2-22 expression of high regard by the Texas House of Representatives.