Bill Text: TX HR6 | 2013 | 83rd Legislature 3rd Special Session | Enrolled
Bill Title: Commemorating the 100th anniversary of Schwertner State Bank.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2013-08-06 - Reported enrolled [HR6 Detail]
Download: Texas-2013-HR6-Enrolled.html
H.R. No. 6 |
|
||
WHEREAS, Schwertner State Bank celebrated its 100th | ||
anniversary on July 19, 2013, providing a fitting opportunity to | ||
recognize this historic financial institution; and | ||
WHEREAS, The bank's founder was Adolph Schwertner, one of a | ||
family of Austrian immigrants who settled in Central Texas in 1877 | ||
and who donated the land for the town that now bears their name; in | ||
order to accommodate the financial needs of the growing community | ||
of farmers, Mr. Schwertner opened the doors of a new bank on October | ||
21, 1912; and | ||
WHEREAS, The bank continued to serve its depositors through | ||
good times and bad; when bank examiners came to check the | ||
institution's books during the dark days of the Great Depression | ||
and discovered that some local farmers might not be able to repay | ||
their loans, Mr. Schwertner put up his own personal fortune as a | ||
guarantee on their behalf; his trust in his customers was repaid, | ||
and the bank did not lose a dime; and | ||
WHEREAS, Schwertner State Bank has remained in the family | ||
through the years, and in 1977, it was purchased by Adolph | ||
Schwertner's grandson and current board chair Jim Schwertner; the | ||
institution now boasts a second location in Jarrell, and under the | ||
leadership of Mr. Schwertner and bank president Dale Hand, the | ||
bank's assets have grown from $1.2 million to $42 million; and | ||
WHEREAS, The bank's centennial celebration was attended by | ||
600 people, including many longtime customers and Texas State | ||
Banking Commissioner Charles Cooper, former FDIC chair Don Powell, | ||
Texas State Senator Charles Schwertner, and Governor Rick Perry; | ||
and | ||
WHEREAS, The communities of Texas are strengthened by the | ||
support and encouragement of locally owned and operated businesses, | ||
and for 100 years, Schwertner State Bank has played an important | ||
role in Williamson County; now, therefore, be it | ||
RESOLVED, That the House of Representatives of the 83rd Texas | ||
Legislature, 3rd Called Session, hereby commemorate the 100th | ||
anniversary of Schwertner State Bank and extend to the bank's | ||
officers, staff, and customers sincere best wishes for continued | ||
success; and, be it further | ||
RESOLVED, That an official copy of this resolution be | ||
prepared for the bank as an expression of high regard by the Texas | ||
House of Representatives. | ||
Farney | ||
______________________________ | ||
Speaker of the House | ||
I certify that H.R. No. 6 was adopted by the House on August | ||
5, 2013, by a non-record vote. | ||
______________________________ | ||
Chief Clerk of the House | ||