By: Nelson S.R. No. 1127 1-1 SENATE RESOLUTION 1-2 WHEREAS, The health and vitality of our state is a direct 1-3 reflection of high employment, business enterprise, and economic 1-4 growth; and 1-5 WHEREAS, Associates Corporation of North America 1-6 (The Associates) relocated its corporate headquarters to the 1-7 Dallas-Fort Worth Metroplex 17 years ago and since that time has 1-8 been a major contributor to employment and economic well-being; 1-9 and 1-10 WHEREAS, The contributions of this model corporation extend 1-11 to community service and the betterment of the quality of life 1-12 through the efforts of hundreds of employee volunteers; and 1-13 WHEREAS, May 31, 1993, marks The Associates' 1-14 75th anniversary, and on this occasion its 12,000 employees 1-15 worldwide mark their shared success; and 1-16 WHEREAS, The Associates is the nation's second largest 1-17 independent finance company and manages assets of more than 1-18 $26 billion in 1,300 offices in the United States and overseas; 1-19 and 1-20 WHEREAS, The company has reported record income since 1975; 1-21 earnings have increased at an annual compounded rate of more than 1-22 20 percent each year since 1975; and 1-23 WHEREAS, The company provides consumer loan products 2-1 through various branch networks as well as MasterCard and VISA; 2-2 and 2-3 WHEREAS, The over 3,000 Texas employees who work for 2-4 The Associates volunteer for civic projects in their communities; 2-5 these projects include activities involving education, hunger, 2-6 housing, and dozens of other social service needs; now, therefore, 2-7 be it 2-8 RESOLVED, That the Senate of the State of Texas, 2-9 73rd Legislature, hereby congratulate the Associates Corporation 2-10 of North America (The Associates) on the momentous occasion of 2-11 its 75th anniversary and wish it many more productive years; and, 2-12 be it further 2-13 RESOLVED, That a copy of this Resolution be prepared for 2-14 The Associates as an expression of the esteem and respect of the 2-15 Texas Senate. 2-16 _____________________________________ 2-17 President of the Senate 2-18 I hereby certify that the 2-19 above Resolution was adopted by 2-20 the Senate on May 28, 1993. 2-21 _____________________________________ 2-22 Secretary of the Senate 2-23 _____________________________________ 2-24 Member, Texas Senate