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;
         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.
  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