89R10318 JRI-D
 
  By: Craddick H.C.R. No. 42
 
 
 
CONCURRENT RESOLUTION
         WHEREAS, W. E. Connell, a banker and pioneering figure in the
  early development of the Permian Basin's oil and gas business, is
  being posthumously inducted into the Petroleum Hall of Fame on
  April 10, 2025; and
         WHEREAS, Based at the Permian Basin Petroleum Museum in
  Midland, the Petroleum Hall of Fame recognizes individuals who have
  made outstanding contributions to the development of the petroleum
  industry in the region; and
         WHEREAS, Born in Bell County in 1858, Wilson Edward Connell
  distinguished himself as a banker, cattleman, and property owner;
  he recognized the need for financial infrastructure in West Texas
  and in 1888 cofounded what would become the First National Bank of
  Midland; his efforts later expanded to Fort Worth, where he led the
  First National Bank of Fort Worth through critical periods such as
  the Great Depression; and
         WHEREAS, Often called the "Father of West Texas," Mr. Connell
  supported many early oil ventures, including the first well drilled
  in Ector County in 1926; he also served as vice president and a
  stockholder of the Dublin Oil Mills, treasurer of the Texas and
  Southwestern Cattle Raisers Association, director of the Texas and
  Pacific Railway, and vice president of the Cicero Smith Lumber
  Company; when he passed away on May 5, 1936, he left his heirs more
  than 90,000 acres of undivided mineral ownership, further
  supporting the region's petroleum industry development; and
         WHEREAS, Admired for his vision, energy, and business acumen,
  W. E. Connell was a pioneering figure in the early development of
  the Permian Basin's oil and gas industry, and he is indeed a worthy
  addition to the Petroleum Hall of Fame; now, therefore, be it
         RESOLVED, That the 89th Legislature of the State of Texas
  hereby honor the memory of W. E. Connell on the occasion of his
  posthumous induction into the Petroleum Hall of Fame and pay
  tribute to his life and legacy.