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| 3 | 4 | | |
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| 4 | 5 | | R E S O L U T I O N |
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| 5 | 6 | | WHEREAS, Citizens National Bank of Texas is celebrating its |
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| 6 | 7 | | 150th anniversary in 2018; and |
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| 7 | 8 | | WHEREAS, This institution was initially founded in 1868 as |
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| 8 | 9 | | Ferris and Getzendaner, Attorneys at Law and Bankers, in |
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| 9 | 10 | | Waxahachie; the business served as the only banking operation in |
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| 10 | 11 | | North Texas for many years, and in June 1884, it earned a federal |
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| 11 | 12 | | charter and was renamed Citizens National Bank; in 1905, it merged |
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| 12 | 13 | | with First National Bank to become Citizens National Bank of |
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| 13 | 14 | | Waxahachie, and it went on to do business under that banner for a |
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| 14 | 15 | | century before assuming its present name; and |
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| 15 | 16 | | WHEREAS, Since 1930, CNBT has primarily been owned and |
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| 16 | 17 | | operated by the same family; Colonel M. E. Singleton served as |
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| 17 | 18 | | president for eight years before his death in 1938, at which time |
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| 18 | 19 | | his son, M. E. "Marvin" Singleton Jr., took the reins; he in turn |
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| 19 | 20 | | was succeeded by his son, George H. Singleton, in 1987, and for the |
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| 20 | 21 | | past quarter century, the bank has been ably guided by a member of |
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| 21 | 22 | | the fourth generation, M. E. "Mark" Singleton III; and |
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| 22 | 23 | | WHEREAS, From its humble beginnings, CNBT has undergone |
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| 23 | 24 | | dramatic growth, and today it encompasses 12 branches across 9 |
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| 24 | 25 | | North Texas cities and holds more than $800 million in total assets; |
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| 25 | 26 | | through the years, the bank has supported a host of charities and |
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| 26 | 27 | | civic organizations and awarded over 600 college scholarships to |
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| 27 | 28 | | local students; in the past year alone, its employees have |
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| 28 | 29 | | contributed a combined total of some 15,000 volunteer hours to |
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| 29 | 30 | | their respective communities; and |
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| 30 | 31 | | WHEREAS, For a century and a half, Citizens National Bank of |
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| 31 | 32 | | Texas has played a vital role in the prosperity of the Dallas-Fort |
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| 32 | 33 | | Worth Metroplex and beyond, and it is truly deserving of special |
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| 33 | 34 | | recognition on this important milestone in its history; now, |
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| 34 | 35 | | therefore, be it |
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| 35 | 36 | | RESOLVED, That the House of Representatives of the 85th Texas |
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| 36 | 37 | | Legislature, 1st Called Session, hereby commemorate the |
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| 37 | 38 | | sesquicentennial of Citizens National Bank of Texas and extend to |
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| 38 | 39 | | all those associated with the institution sincere best wishes for |
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| 39 | 40 | | the future; and, be it further |
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| 40 | 41 | | RESOLVED, That an official copy of this resolution be |
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| 41 | 42 | | prepared for the bank as an expression of high regard by the Texas |
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| 42 | 43 | | House of Representatives. |
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