[Congressional Record Volume 156, Number 160 (Tuesday, December 7, 2010)]
[Extensions of Remarks]
[Page E2070]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 IN HONOR OF DONALD W. HODGES FOR 50 SUCCESSFUL YEARS AS AN INVESTMENT 
                      BROKER AND SMALL BUSINESSMAN

                                 ______
                                 

                          HON. KENNY MARCHANT

                                of texas

                    in the house of representatives

                       Tuesday, December 7, 2010

  Mr. MARCHANT. Madam Speaker, I rise today to honor Donald W. Hodges, 
the co-founder of First Dallas Securities and Hodges Capital Management 
and the co-manager of Hodges Fund and Hodges Small Cap Fund. For 50 
years Don has brought financial success to investors. Along with his 
three children--all of whom hold positions within his company--and 36 
area employees, Don has made his business the gold standard of the 
investment industry.
  Many people work until retirement age and begin to settle down. Don 
has only grown his business since he reached retirement age over 10 
years ago, by adding Hodges Small Cap Fund in 2007 and Blue Chip; 
Equity Income; and Pure Contrarian funds last year. He is the epitome 
of the small business men and women who make up 80 percent of our 
nation's job creators.
  Don began working with Merrill Lynch in 1960, and in 1974 joined 
Rauscher Pierce Refsnes, now Dain Rauscher. In 9 years he became 
President of Rauscher, and in 1981 was named one of the top 20 brokers 
by Registered Rep magazine. Six years ago he was profiled by CNN Money, 
where he was noted for both his outstanding business practices and the 
financial success he has enjoyed.
  Don has worked hard to improve his community even beyond his 
businesses. One of his more prominent positions is on the Foundation 
Board of Directors for West Texas A&M University, where he encourages 
students to attend WTAMU because of the values the institution 
professes.
  Small businesses are a critical component to our economy, and Don has 
done more than most to increase the size of the pie for all who have 
been associated with him for his five decades in the investment 
business. It is for this reason I ask all of my colleagues to join me 
in honoring Donald W. Hodges on this day.

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