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R E S O L U T I O N
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WHEREAS, The officers, staff, and stockholders of Lubbock |
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National Bank are celebrating the 100th anniversary of its founding |
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in 2017; and |
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WHEREAS, In 1917, only eight years after the incorporation of |
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the City of Lubbock, the bank was established by Charles E. Maedgen; |
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originally known as Security State Bank and Trust Co., it stood on |
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the corner of what is now Main Street and Texas Avenue; and |
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WHEREAS, The bank purchased Farmers' National Bank in 1920, |
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and five years later, it adopted the name Lubbock National Bank; and |
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WHEREAS, Today, this venerable financial institution is led |
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by board chair Roger Key, who is the grandson of the founder, along |
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with president and CEO Eddie Schulz; Mr. Key is joined in the bank's |
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management by his three brothers who remain active in the bank as |
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members of the board, including past president Terry Key, attorney |
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Howard Key, and executive vice president Charles Key; the bank |
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boasts assets of $1 billion, and it has opened branches in Bryan, |
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College Station, and Austin; and |
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WHEREAS, For the past century, Lubbock National Bank has |
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played a vital role in the prosperity of the Lubbock community and |
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beyond, and it is truly deserving of special recognition on this |
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important milestone in its history; now, therefore, be it |
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RESOLVED, That the House of Representatives of the 85th Texas |
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Legislature hereby commemorate the 100th anniversary of Lubbock |
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National Bank and extend to all those associated with the |
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institution sincere best wishes for continued success; and, be it |
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further |
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RESOLVED, That an official copy of this resolution be |
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prepared for Lubbock National Bank as an expression of high regard |
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by the Texas House of Representatives. |