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This profile was last updated on 3/3/14  and contains information from public web pages and contributions from the ZoomInfo community.

President and Chief Executive Off...

Citizens State Bank
112 W Hwy 380 PO BOX 130
Princeton, Texas 75407
United States

Company Description: Citizens State Bank has proudly served our customers and community since 1907. We offer a variety of services to make managing your finances fast and convenient. We...   more

Employment History

  • President and Chief Executive Officer
    Citizens State Bank- Princeton
  • Senior Vice President and Secretary
    Citizens State Bank- Princeton

Board Memberships and Affiliations

10 Total References
Web References
Princeton Area Chamber of Commerce - Board Members, 3 Mar 2014 [cached]
Bill Bradshaw Citizens State Bank 972-736-2423
csbprinceton - About Us, 6 Feb 2014 [cached]
William E. Bradshaw President/CEO
William E. Bradshaw
FRAZIER v. BEARD, NO. COA97-387, 4 Aug 1998 [cached]
William Bradshaw, senior vice president and secretary of Citizens, maintained the list at times relevant to this action. His procedure for handling such transactions, as set forth in his affidavit, was uncontroverted:
In late summer of 1992, plaintiff Richard Frazier contacted Bradshaw about the possibility of selling some of the Citizens, stock belonging to Frazier's daughter.
Bradshaw replied that he was not aware of any merger negotiations. Over the period from 23 September 1992 until 25 November 1992, plaintiffs sold all of their shares in Citizens for prices ranging from $12.00 to $13.80 per share. Before each transaction, Frazier inquired of Bradshaw with respect to merger negotiations and was told that no such negotiations were taking place.
In addition, plaintiffs offered no direct evidence to show that defendants Lingafelt or defendants Balkcum had any knowledge of any of the representations made to Richard Frazier by Bradshaw and McGee with respect to Citizens' merger discussions.
In addition to the present suit, plaintiffs brought an action against Citizens and Bradshaw. Their claims against Citizens and
- 7-
Bradshaw were settled under the terms of a Mutual Release and Settlement Agreement dated 22 June 1995.
Plaintiffs allege that, in misrepresenting the existence of merger negotiations, Bradshaw was acting as defendants' agent. A principal may be liable for a fraud committed by his agent, "even though the principal did not know or authorize the commission of the fraudulent acts. Norburn v . Mackie, 262 N.C. 16, 23, 136 S.E.2d 279, 284-85 (1964).
Plaintiffs have admitted, in responses to defendant Balkcums' requests for admissions, not only that the Balkcums committed no fraud and made no misrepresentation of any kind to plaintiffs in connection with their purchase of plaintiffs' stock, but also that Bradshaw never acted as the Balkcums' agent in connection with the transaction.
The question remains as to whether Bradshaw can be found to have been acting as an agent for defendants Lingafelt so that his alleged fraud may be imputed to them.
No genuine issue of fact exists as to whether Bradshaw was
Moreover, Bradshaw had absolutely no involvement in the 25 November 1992 transactions, which were negotiated directly between Richard Frazier and David Lingafelt.
Plaintiffs have forecast no evidence which would support a finding that Bradshaw was acting other than solely on behalf of Citizens to facilitate the exchange of its stock and, therefore, have failed to show the existence of an essential element which would invalidate their express contracts to sell their stock to defendants Lingafelt and entitle them to pursue a claim of unjust enrichment.
Bradshaw and McGee, employees Of Citizens.
Plaintiffs have not, however, alleged direct acts of wrongdoing by defendants Lingafelt, ; each of these claims is dependent upon the existence of an agency relationship between defendants Lingafelt and Bradshaw.
csbprinceton - About Us, 20 Dec 2011 [cached]
Bill Bradshaw President/CEO
Bill Bradshaw
Testimonials | JC Millwork, Inc., 17 Feb 2012 [cached]
Bill Bradshaw - President 972.736.2423
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