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X-1530
FEDERAL RESERVE BOARD ANNOUNCEMENT
WEEK ENDED JULY 24, 1931
CHANGES IN STATE BANK MEMBERSHIP;
District

Capital

Date

Admitted, to Membership:
None.
Absorption of National Bank:
2

Manufacturers Trust Co., New York, N. Y.,member,^27,500,000
absorbed the Lebanon National Bank,
500,000

7-15-31

Voluntary Withdrawals:
7
9

Lowden Savings Bank, Lowden, Iowa,
Minnetonka State Bank, Excelsior, Minn.,. . . .

25,000
25,000

7-23-31
7-24-31

PERMISSION GBANTBD TO EXERCISE TRUST POWERS:
1
11

Iforstic River National Bank, %stic, Conn. (Pull powers)
First National Bank, Corsicana, Tex.
(Confirmatory)




5-29-31
7-23-31