Bill Text: TX HR1081 | 2021-2022 | 87th Legislature | Enrolled
Bill Title: Commemorating the 100th anniversary of First National Bank of Quitaque.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2021-05-18 - Reported enrolled [HR1081 Detail]
Download: Texas-2021-HR1081-Enrolled.html
| H.R. No. 1081 | ||
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| WHEREAS, Locally owned and operated financial institutions | ||
| contribute to the economic prosperity of the Lone Star State, and | ||
| First National Bank of Quitaque is celebrating its 100th year of | ||
| operation in 2021; and | ||
| WHEREAS, First National Bank opened its doors on August 2, | ||
| 1920, seven years before Quitaque itself was incorporated, and the | ||
| bank finished its first day with total assets of $39,764.53; the | ||
| bank's first president, Amos Persons, played a leading part in | ||
| bringing the Fort Worth and Denver Railway to Quitaque in 1928, and | ||
| the bank also helped finance the town's first school, first water | ||
| system, and first electrical facility; and | ||
| WHEREAS, The bank was one of the only financial institutions | ||
| in the region to stay open throughout the Great Depression, and for | ||
| a time, it was the only bank in operation between Childress and | ||
| Plainview; over the years, it has continued to contribute to the | ||
| wider community, playing a vital role in the creation of Caprock | ||
| Canyons State Park and in the designation of the park as home of the | ||
| official Texas Bison Herd in 1997; in 2013, the bank was named one | ||
| of the top three agricultural banks in the nation by the Independent | ||
| Community Bankers of America; and | ||
| WHEREAS, For its first 60 years, the bank was located at the | ||
| corner of First and Main Streets, and it moved to its present | ||
| location in 1980; some longtime employees have worked for the bank | ||
| for up to 40 years, and since Amos Persons, the bank has had only | ||
| four presidents, including Orlin Stark, O. R. Stark Jr., Bob Ham, | ||
| and Guy W. Young, who has carried on the institution's proud legacy | ||
| since 1999; in 2018, FNB opened a loan office in Tulia, and the | ||
| following year it upgraded the facility to a full-service branch, | ||
| under the direction of branch president Alyssa Irlbeck Jones; and | ||
| WHEREAS, The bank's popular monthly newsletter, Comings, | ||
| Goings & Doings, was established by O. R. Stark Jr. in 1953, and for | ||
| 46 years, he chronicled the community's school news, farm | ||
| production, crop and lake reports, local history, and many other | ||
| subjects; after Mr. Stark passed away in 2000, Mr. Young took over | ||
| the newsletter, which has been recognized by the American Bankers | ||
| Association as the longest continuously published bank newsletter | ||
| in the industry's history; and | ||
| WHEREAS, Local banks that build a record of dependability and | ||
| longevity enjoy a special degree of esteem in their communities, | ||
| and the staff members of First National Bank of Quitaque may indeed | ||
| take great pride in their long record of service; now, therefore, be | ||
| it | ||
| RESOLVED, That the House of Representatives of the 87th Texas | ||
| Legislature hereby commemorate the 100th anniversary of First | ||
| National Bank of Quitaque and extend to all those associated with | ||
| the bank sincere best wishes for continued success in their | ||
| important work; and, be it further | ||
| RESOLVED, That an official copy of this resolution be | ||
| prepared for First National Bank as an expression of high regard by | ||
| the Texas House of Representatives. | ||
| King of Hemphill | ||
| ______________________________ | ||
| Speaker of the House | ||
| I certify that H.R. No. 1081 was adopted by the House on May | ||
| 14, 2021, by a non-record vote. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
