R E S O L U T I O N 1-1 WHEREAS, HomeBank, formerly known as Seagoville State Bank, 1-2 is one of the last independent banks in Texas, and this fine 1-3 institution's longtime commitment to serving the financial needs of 1-4 Seagoville and surrounding communities is indeed worthy of special 1-5 legislative recognition; and 1-6 WHEREAS, Seagoville State Bank was founded in 1952 by W. A. 1-7 Waldrop, on the corner of North Kaufman and Elm streets; in 1953 1-8 the bank was sold to M. D. "Pappy" Reeves, who emphasized the 1-9 small-town courtesy and concern for customers that have become the 1-10 bank's hallmark; and 1-11 WHEREAS, With the assistance of bank vice president David 1-12 King, the bank was moved in 1967 to the corner of Glendale and 1-13 Highway 175; since that time, it has expanded three times and its 1-14 assets have grown from $700,000 to more than $88 million; and 1-15 WHEREAS, In 1995, the business acquired a second branch, the 1-16 former Buckner State Bank in East Dallas; with the careful and able 1-17 management of CEO J. T. McDonald it has continued to grow, and the 1-18 board of directors officially changed the name of both locations to 1-19 HomeBank to better suit future plans for an extended banking 1-20 network; and 1-21 WHEREAS, HomeBank remains a family-owned banking facility, 1-22 with the children of Mr. Reeves active in its management and 1-23 shareholding; they continue their father's tradition of giving back 1-24 to the community, and HomeBank has recently coordinated efforts 2-1 with other community leaders to renovate two homes for low-income 2-2 housing in the area; and 2-3 WHEREAS, The remarkable success and growth of HomeBank is 2-4 solidly built on the goals established by "Pappy" Reeves almost 50 2-5 years ago; his commitment to the banking needs of Seagoville and 2-6 surrounding cities continues with the next generation of management 2-7 and customers, and it is justly appropriate to recognize this 2-8 important institution at this time; now, therefore, be it 2-9 RESOLVED, That the House of Representatives of the 76th Texas 2-10 Legislature hereby honor HomeBank and its management and staff for 2-11 their longtime efforts in behalf of Texas banking and extend to all 2-12 those associated with HomeBank best wishes for continued success 2-13 and happiness; and, be it further 2-14 RESOLVED, That an official copy of this resolution be 2-15 prepared for prominent display at HomeBank as an expression of high 2-16 regard by the Texas House of Representatives. Tillery _______________________________ Speaker of the House I certify that H.R. No. 371 was adopted by the House on March 8, 1999, by a non-record vote. _______________________________ Chief Clerk of the House