SENATE RESOLUTION NO. 186

WHEREAS, The Senate of the State of Texas is pleased to recognize the First State Bank of Brownsboro on the occasion of its 100th anniversary; and

WHEREAS, On January 22, 1917, a group of businessmen joined together to form a bank in Brownsboro; the bank was officially chartered on February 17, 1917, and its founding members included J. T. Larue, E. B. Larue, W. J. Stuart, and Ivy Fulgham; and

WHEREAS, Ivy Fulgham served as the bank's first cashier, and in the early years, he carried money by horseback to the neighboring town of Ben Wheeler, where he secured the funds in a vault; his son, Joe Bryan Fulgham, began working as an assistant cashier at the bank in 1955, and he took over as president when his father died in 1962; today, Ivy Fulgham's grandson, Jeff Fulgham, serves as the bank's chief executive officer; and

WHEREAS, The First State Bank of Brownsboro has changed considerably since its humble beginnings; the institution has grown to include branches in Murchison and Athens and now has assets of more than $100 million, yet customers continue to depend on the same courteous and professional customer service that the bank has provided for a century; now, therefore, be it

RESOLVED, That the Senate of the State of Texas, 85th Legislature, hereby congratulate the staff and administrators of the First State Bank of Brownsboro on 100 years of service in the community and extend to them best wishes for continued success; and, be it further

RESOLVED, That a copy of this Resolution be prepared for the bank as an expression of esteem from the Texas Senate.

Nichols

________________________________

President of the Senate

I hereby certify that the above Resolution was adopted by the Senate on February 13, 2017.

________________________________

Secretary of the Senate

________________________________

Member, Texas Senate