By: Pitts H.R. No. 631 73R8995 SDU-D R E S O L U T I O N 1-1 WHEREAS, The Texas House of Representatives is proud to honor 1-2 Citizens National Bank of Waxahachie on the occasion of its 125th 1-3 anniversary; and 1-4 WHEREAS, The history of this venerable financial institution 1-5 is inextricably entwined with that of the community it has served 1-6 so well since July 1, 1868, when the law firm of Ferris & 1-7 Getzendaner began to offer banking services out of a two-room 1-8 wooden structure; and 1-9 WHEREAS, Ellis County prospered and grew after the Civil War, 1-10 and the bank, growing apace, played a vital part in supporting its 1-11 growth; in 1875, two years after the bank had moved into its second 1-12 home, a two-story stone building, work on the Waxahachie Tap 1-13 Railroad was begun, and trains soon connected the Waxahachie 1-14 marketplace with expanding eastern manufacturers, an event that 1-15 especially benefited the local cotton industry; and 1-16 WHEREAS, Largely through the bank's devoted efforts to 1-17 promote the region's economic development, Ellis County became the 1-18 Cotton County of the World during the 1890s; Waxahachie's 1-19 population doubled, reaching 3,076 in 1891, the Daily Light began 1-20 publishing, the present Ellis County Courthouse was dedicated, and 1-21 the first Chautauqua celebration was held as a 10-day period of 1-22 rest, religious observance, and entertainment; and 1-23 WHEREAS, By 1921, the bank had relocated to its third home, 1-24 the former Waxahachie National Bank building located on the 2-1 courthouse square, and had helped many new businesses and families 2-2 settle in Ellis County; at this time, the community's population 2-3 had swelled to 7,956, the Waxahachie city limits covered 3.72 2-4 miles, 13 electric street cars carried residents to and from 2-5 bustling downtown Waxahachie, and the community's new hospital, the 2-6 Waxahachie Sanitarium, opened its doors for the first time; and 2-7 WHEREAS, In 1935, Citizens National Bank became the first 2-8 "country" bank to air condition its offices; deposits doubled by 2-9 the end of the decade, and during the post-World War II years the 2-10 bank further expanded its services, offering Ellis County citizens 2-11 advantages unique to small town banking and keeping considerable 2-12 money at work in Waxahachie; and 2-13 WHEREAS, The bank owed much of its success during the 2-14 Depression years to the insightful direction provided by Colonel 2-15 M. E. Singleton; his son, M. E. Singleton, Jr., eventually 2-16 succeeded him and guided Citizens National Bank until his death in 2-17 1986, when George Singleton became the third generation of 2-18 Singletons to lead the institution; the fourth generation of the 2-19 Singleton family is currently represented by Marvin (Mark) 2-20 Singleton III and Shannon Singleton, who are both valuable members 2-21 of the bank's staff; and 2-22 WHEREAS, In 1966, the bank opened its present building at Elm 2-23 and Water Streets with a gala affair attended by no fewer than half 2-24 of Waxahachie's citizens; and 2-25 WHEREAS, Today this outstanding financial institution 2-26 continues to serve the thriving Ellis County region under the 2-27 capable guidance of its board of directors, Frank A. 3-1 Blankenbeckler, Dorothy S. Brown, S. F. Chapman, W. H. Getzendaner, 3-2 Miles E. Hastings, Daniel Gene O'Donnell, Rex Odom, W. A. Pearman, 3-3 James R. Pitts, George Singleton, Marvin (Mark) Singleton III, and 3-4 Jeanette Singleton Cloyd; and 3-5 WHEREAS, For 125 years, Citizens National Bank has 3-6 contributed significantly to the economic health and unique 3-7 character of Waxahachie and Ellis County, and its role in the 3-8 development of this prosperous community is indeed deserving of 3-9 special recognition and praise; now, therefore, be it 3-10 RESOLVED, That the House of Representatives of the 73rd Texas 3-11 Legislature hereby honor Citizens National Bank of Waxahachie on 3-12 the occasion of its 125th anniversary and extend to the bank's 3-13 directors, employees, and customers sincere best wishes for 3-14 continued prosperity in the years to come; and, be it further 3-15 RESOLVED, That an official copy of this resolution be 3-16 prepared for Citizens National Bank as an expression of high regard 3-17 by the Texas House of Representatives.