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EXHIBIT (p)
CONTROL LIST
The Registrant, SM&R Investments, Inc., is advised and managed
by Securities Management and Research, Inc. ("SM&R"), a Florida corporation and
registered investment adviser and broker-dealer. SM&R is a wholly-owned
subsidiary of American National Insurance Company, a Texas insurance company.
The Libbie Shearn Moody Trust owns approximately 37.58% of the outstanding stock
of American National Insurance Company. The Moody Foundation, which has a 75%
contingent remainder interest in the Libbie Shearn Moody Trust, owns
approximately 23.7% of the outstanding stock of American National Insurance
Company.
The Trustees of The Moody Foundation are Mrs. Frances Moody Newman,
Robert L. Moody and Ross Rankin Moody. Robert L. Moody is a life income
beneficiary of the Libbie Shearn Moody Trust and Chairman of the Board,
Director, President and Chief Executive Officer of American National Insurance
Company. Robert L. Moody has assigned his interest in the Libbie Shearn Moody
Trust to National Western Life Insurance Company, a Colorado insurance company
of which he is also Chairman of the Board, a Director and controlling
shareholder.
The Moody National Bank of Galveston is the trustee of the Libbie
Shearn Moody Trust and various other trusts which, in the aggregate, own
approximately 44% of the outstanding stock of American National Insurance
Company. Moody Bank Holding Company, Inc. owns approximately 97% of the
outstanding shares of The Moody National Bank of Galveston. Moody Bank
Holding Company, Inc. is a wholly owned subsidiary of Moody Bancshares, Inc.
The Three R Trusts, trusts created by Robert L. Moody for the benefit of his
children, are controlling stockholders of Moody Bancshares, Inc.
The Moody Foundation owns 33.0% and the Libbie Shearn Moody Trust
owns 51.0% of the outstanding stock of Gal-Tex Hotel Corporation, a Texas
corporation. Gal-Tex Hotel Corporation has the following wholly-owned
subsidiaries, listed in alphabetical order:
Gal-Tenn Hotel Corporation
Gal-Tex Management Company
Gal-Tex Woodstock, Inc.
GTG Corporation
New Paxton Hotel Corporation
American National owns a direct or indirect interest in the following
entities, listed in alphabetical order:
ENTITY: Alamo Quarry Market, Ltd.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: ANTAC, Inc. owns a 17.5% interest.
ENTITY: Alternative Benefit Management, Inc.
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ENTITY FORM: a Nevada corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: ANTAC, Inc. owns all of the outstanding
common stock.
ENTITY: American Hampden Joint Venture
ENTITY FORM: a Texas joint venture
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a 98% interest.
ENTITY: American National de Mexico Compania de Seguras de Vida, S.A. de C.V.
ENTITY FORM: a Mexico insurance company
OWNERSHIP OR OTHER BASIS OF CONTROL: ANMEX International, Inc. owns 99.9%,
and ANMEX International Services, Inc. owns 0.10%.
ENTITY: American National of Delaware Corporation
ENTITY FORM: a Delaware corporation (inactive)
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: American National Financial Corporation
ENTITY FORM: a Texas corporation (inactive)
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
ENTITY: American National Financial Corporation (Delaware)
ENTITY FORM: a Delaware corporation (inactive)
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: American National Financial Corporation (Nevada)
ENTITY FORM: a Nevada corporation (inactive)
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
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ENTITY: American National General Insurance Company
ENTITY FORM: a Missouri insurance company
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
ENTITY: American National Insurance Service Company
ENTITY FORM: a Missouri corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
ENTITY: American National Investment Accounts, Inc.
ENTITY FORM: a Maryland corporation - registered investment company
OWNERSHIP OR OTHER BASIS OF CONTROL: Investment Advisory Agreement with
Securities Management and Research, Inc. Also, American National Insurance
Company and Securities Management and Research, Inc. own stock of the Company.
ENTITY: American National Life Insurance Company of Texas
ENTITY FORM: a Texas insurance company
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: American National Lloyds Insurance Company
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS FOR CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
ENTITY: American National Promotora de Ventas, S.A. de C.V.
ENTITY FORM: a Mexico marketing company
OWNERSHIP OR OTHER BASIS OF CONTROL: ANMEX International, Inc. owns 99.9%,
and ANMEX International Services, Inc. owns 0.10%.
ENTITY: American National Property and Casualty Company
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ENTITY FORM: a Missouri insurance company
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: AN/WRI Partnership, Ltd.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: Eagle AN, L. P. owns an 80% limited
partnership interest.
ENTITY: ANDV 97, Inc.
ENTITY FORM: a Texas company
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of ANTAC, Inc.
ENTITY: ANIND TX, Inc.
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of ANREM
Corporation.
ENTITY: ANMEX International, Inc.
ENTITY FORM: a Nevada corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: ANMEX International Services, Inc.
ENTITY FORM: a Nevada corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: ANPAC General Agency of Texas
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
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ENTITY: ANPAC Lloyds Insurance Management, Inc.
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS FOR CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
ENTITY: ANREM Corporation
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of Securities
Management and Research, Inc.
ENTITY: ANTAC, Inc.
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: Beechwood Business Park Joint Venture.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: ANDV 97, Inc. owns a 50% limited
partnership interest.
ENTITY: Comprehensive Investment Services, Inc.
ENTITY FORM: a Nevada corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: Eagle 99, Inc.
ENTITY FORM: a Nevada corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of ANTAC, Inc.
ENTITY: Eagle AN, L. P.
ENTITY FORM: a Texas limited partnership
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OWNERSHIP OR OTHER BASIS OF CONTROL: Eagle 99, Inc. owns a 99% limited
partnership interest, and ANIND TX, Inc. owns a 1% general partnership
interest.
ENTITY: Eagle Ind., L. P.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a 99% limited partnership interest, and ANIND TX, Inc. owns a 1%
general partnership interest.
ENTITY: Fairway Plaza Associates, L.P.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: ANREM Corporation owns a 50% limited
partnership interest.
ENTITY: Galveston Health Network, Inc.
ENTITY FORM: a Texas corporation (inactive)
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: Garden State Life Insurance Company
ENTITY FORM: a New Jersey insurance company
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: Gateway Park Joint Venture
ENTITY FORM: a Texas joint venture
OWNERSHIP OR OTHER BASIS OF CONTROL: South Shore Harbour Development, Ltd.
has a 50% interest.
ENTITY: Harbour Title Company
ENTITY FORM: a Texas corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: South Shore Harbour Development, Ltd.
owns 50% of the outstanding stock.
ENTITY: Hicks, Muse, Tate & Furst Equity Fund III, L.P.
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ENTITY FORM: a Delaware limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company owns
a limited partnership interest.
ENTITY: Hicks, Muse, Tate & Furst Equity Fund IV, L.P.
ENTITY FORM: a Delaware limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company owns
a limited partnership interest.
ENTITY: I-10 Westview Partnership
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: ANDV 97, Inc. owns a 50% interest.
ENTITY: IAH 97 Joint Venture
ENTITY FORM: a Texas general partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: ANDV 97, Inc. has a 50% interest.
ENTITY: Kearns Building Joint Venture
ENTITY FORM: a Texas joint venture
OWNERSHIP OR OTHER BASIS OF CONTROL: American National owns a 85% interest.
ENTITY: Lincolnshire Equity Fund, L.P.
ENTITY FORM: a Delaware limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a limited partnership interest.
ENTITY: Lincolnshire Equity Fund II, L.P.
ENTITY FORM: a Delaware limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a limited partnership interest.
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ENTITY: Pacific Property and Casualty Company
ENTITY FORM: a California corporation
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Property and Casualty Company.
ENTITY: Panther Creek Limited Partnership
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a 99% limited partnership interest.
ENTITY: PCO Corporate Drive Limited Partnership
ENTITY FORM: a North Carolina limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: Eagle AN, L.P. owns a 1% interest.
ENTITY: Rutledge Partners, L.P.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a 50% interest.
ENTITY: Securities Management and Research, Inc.
ENTITY FORM: a Florida corporation - a registered broker-dealer and
investment adviser
OWNERSHIP OR OTHER BASIS OF CONTROL: wholly-owned subsidiary of American
National Insurance Company.
ENTITY: Servicios de Administracion American National, S.A. de C.V.
ENTITY FORM: a Mexico administrative services company
OWNERSHIP OR OTHER BASIS OF CONTROL: ANMEX International Services, Inc. owns
99.9%, ANMEX International, Inc. owns 0.10%.
ENTITY: SM&R Balanced Fund, Inc.
ENTITY FORM: a Maryland corporation - a registered investment company
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OWNERSHIP OR OTHER BASIS OF CONTROL: Investment Advisory Agreement with
Securities Management and Research, Inc. Also, American National
Insurance Company and Securities Management and Research, Inc. own stock of
the Company.
ENTITY: SM&R Equity Income Fund, Inc.
ENTITY FORM: a Maryland corporation - registered investment company
OWNERSHIP OR OTHER BASIS OF CONTROL: Investment Advisory Agreement with
Securities Management and Research, Inc. Also, American National
Insurance Company and Securities Management and Research, Inc. own stock of
the Company.
ENTITY: SM&R Growth Fund, Inc.
ENTITY FORM: a Maryland corporation - registered investment company
OWNERSHIP OR OTHER BASIS OF CONTROL: Investment Advisory Agreement with
Securities Management and Research, Inc. Also, American National Insurance
Company and Securities Management and Research, Inc. own stock of the Company.
ENTITY: South Shore Harbour Development, Ltd.
ENTITY FORM: a Texas limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: ANTAC, Inc. owns a 95% limited
partnership interest. ANREM Corp. owns a 5% general partnership interest.
ENTITY: Standard Life and Accident Insurance Company
ENTITY FORM: an Oklahoma insurance company
OWNERSHIP OR OTHER BASIS OF CONTROL: Wholly owned subsidiary of American
National Insurance Company.
ENTITY: Starvest Partners, L.P.
ENTITY FORM: a Delaware limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a limited partnership interest.
ENTITY: Third and Catalina, Ltd.
ENTITY FORM: a Texas limited partnership
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OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a 49% limited partnership interest.
ENTITY: Thomas Weisel Capital Partners, L.P.
ENTITY FORM: a limited partnership
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a limited partnership interest.
ENTITY: Timbermill, Ltd.
ENTITY FORM: a Texas joint venture
OWNERSHIP OR OTHER BASIS OF CONTROL: American National Insurance Company
owns a 99% limited partnership interest.
ENTITY: Town and Country Joint Venture
ENTITY FORM: a Texas joint venture
OWNERSHIP OR OTHER BASIS OF CONTROL: ANDV 97, Inc. owns a 99% limited
partnership interest.
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