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X-1530
FEDERAL RESERl/i BOARD ANNOUNCEMENT
WEEK ENDED OCTOBER 3, 1930.
CHANGES IN STATE BANK MEMBERSHIP:
District

Capital

Date

Admitted t o Membership?
None.
Merger of Member Banks:
2

Park ROT/ Trust Co., New York, N . Y . , member $ 5 0 0 , 0 0 0
Broadway National Bank & Trust Co.,
New York, N. Y.
2,000,000
Above "banks merged i n t o the Plaza Trus>t Co.,
New York, N. Y., a member, under the t i t l e of
Broadway & Plaza Trust Co., Hew York, N. Y.
2,000,000

9-29-30

Absorption of Nonmember:
2

The Peoples Banking & Trust Co., E l i z a b e t h ,
N. J . , a member, has absorbed t h e f o l l o w i n g nonmember: Downtown Trust Co., E l i z a b e t h , N. J .

100,000

9-30-30

Consolidated w i t h National Bank:
6

Continental Trust Co., Macon, Ga.
Consolidated with Macon National Bank, Macon, Ga.,
under t i t l e of F i r s t National Bank & Trust Co.

350,000

8-30-30

PERMISSION GRANTED TO EXERCISE TRUST POWERS:
2
7
12

Sunrise National Bank, Baldwin, N. Y. ( F u l l powers)
Farmers National Bank, Kingsley, Iowa (Full powers)
S a l i n a s National Bank, S a l i n a s , C a l i f . ( L i m i t e d powers)




10- 3-30
10- 1-30
10- 3-30

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