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G.16

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Washington,D. C. 20551

Summary of Equity Security Transactions and Ownership of Director
O f f i c e r s , and Principal Stockholders of Member State Banks




as Reported Pursuant to S e c t i o n 16(a) of the
S e c u r i t i e s Exchange Act of 1934
December 1974

EXPLANATORY NOTE
Information in t h i s Summary has been drawn from reports on
Form F-8, "Statement of Changes i n B e n e f i c i a l Ownership of S e c u r i t i e s , "
f i l e d with the Board of Governors of the Federal Reserve System.

In

the i n t e r e s t of s i m p l i f i c a t i o n , the Summary omits reported data with
respect to i n i t i a l holdings (reported on Form F - 7 ) , purchases and s a l e s
aggregating l e s s than 50 shares during the month f o r which the report
i s f i l e d , stock s p l i t s , stock dividends, r i g h t s , and g i f t s .

The under-

lying reports may be inspected at the Federal Reserve Board o f f i c e s ,
Washington, D. G.

Publication of t h i s information i s in no sense a

representation that i t i s correct or complete.
On the following pages, the name of the bank i s followed by
the name of the person reporting and h i s r e l a t i o n s h i p to the bank.
Unless otherwise i n d i c a t e d , a l l transactions involve the bank's common
stock.

Any indirect i n t e r e s t (through holding companies, partnerships,

t r u s t s , family ownership, e t c . ) i s shown below the direct i n t e r e s t .
Symbols indicate the nature of the transactions, i f other than a
purchase or s a l e , and the nature of ownership, i f other than d i r e c t
(see "Guide to Symbols").




GUIDE TO SYMBOLS
R e f e r e n c e t o t h e s e symbols i s e s s e n t i a l f o r a f u l l
and a c c u r a t e i n t e r p r e t a t i o n of t h e d a t a r e p o r t e d
RELATIONSHIP
"O" - O f f i c e r
M m
D - D i r e c t o r or p e r s o n p e r f o r m i n g s i m i l a r f u n c t i o n s
! m
'B - B e n e f i c i a l owner of more t h a n 10 per c e n t of any r e g i s t e r e d
e q u i t y s e c u r i t y of the bank
"V" - Voting t r u s t e e
"T" - T r u s t e e
"M" - Member of a d v i s o r y board or h o n o r a r y d i r e c t o r
CHARACTER OF TRANSACTION
No symbol - Purchase or Sale
"B" - Bequest or I n h e r i t a n c e
"C" - Compensation
lf f!
D - Distribution
"E" - Exchange or Conversion
f! !l
F - E x e r c i s e of r i g h t s
"G" - G i f t
"S" - Stock d i v i d e n d or s t o c k s p l i t
"X" - E x e r c i s e of o p t i o n
NATURE OF OWNERSHIP
No symbol - S e c u r i t i e s a r e b e n e f i c i a l l y owned d i r e c t l y .
" 1 " - S e c u r i t i e s a r e d i r e c t l y h e l d , but r e p o r t e r d i s c l a i m s any
a d m i s s i o n t h a t he i s t h e b e n e f i c i a l owner of t h e s e c u r i t i e s .
" 2 " - S e c u r i t i e s a r e b e n e f i c i a l l y owned i n d i r e c t l y t h r o u g h a h o l d i n g
company, p a r t n e r s h i p , t r u s t , o r o t h e r i n t e r m e d i a r y ; f i g u r e s
r e p o r t e d r e p r e s e n t t h e TOTAL t r a n s a c t i o n s and h o l d i n g s of t h e
intermediary.
"3" - Same as i n " 2 , " e x c e p t t h a t r e p o r t e r d i s c l a i m s any admission
t h a t he i s t h e b e n e f i c i a l owner of t h e s e c u r i t i e s .
" 4 " - S e c u r i t i e s a r e b e n e f i c i a l l y owned i n d i r e c t l y t h r o u g h a h o l d i n g
company, p a r t n e r s h i p , t r u s t , or o t h e r i n t e r m e d i a r y ; f i g u r e s
r e p o r t e d r e p r e s e n t t h e PROPORTIONATE i n t e r e s t of t h e r e p o r t e r .
" 5 " - Same as " 4 , " e x c e p t t h a t r e p o r t e r d i s c l a i m s any a d m i s s i o n t h a t
he i s t h e b e n e f i c i a l owner of t h e s e c u r i t i e s .
MONTH-END OWNERSHIP




"PR" - Holdings as p r e v i o u s l y r e p o r t e d .

0

]

TRANSACTIONS AND MONTH-END OWNERSHIP
R e p o r t s i n c l u d e d i n t h i s summary were f i l e d w i t h t h e Board of Governors of the
F e d e r a l Reserve System d u r i n g t h e p e r i o d from
December 11, 1974

to

J a n u a r y 10, 1975

IMPORTANT - See Guide t o Symbols on p r e c e d i n g page

REPORTING PERSON
INDIRECT ACCOUNT

s
1

EC
M
Tl

DATE
OF
TRANSACTIOI

TRANSACTION AND
OWNERSHIP SYMBOl

BANK

AGGREGATE
TRANSACTIONS
Bought oir Sold or
Otherwist i Otherwise
MONTH-END
Acquired Disposed of OWNERSHIP

BANK OF MID-JERSEY
(Bordentown)
Edward C. Speel

0

12-23-74
2

111

20
222

1,211
-0-

BANK OF SMITHTOWN (New York)
C. Bernard Horner

Irving Schechter

OD

OD

12- 9-74
12-30-74
12- 9-74

2

50

2

90

12- 5 - 7 4

52
22

8,028
1,262

90

1,431
274

BEAVER TRUST COMPANY
(Pennsylvania)
C h a r l e s S. McConnel, M.D.

D

10-22-74

Stewart P. McConnel

D

10-30-74
12- 3-74

100

2,724
100
20

2

5,088
2,056

CENTRAL BANK
(Monroe, L o u i s i a n a )
T. H. S c o t t




D
12- 4-74
12-16-74
12-20-74

2
2
2

4,260

870
183
31

8,858
\

3
BANK
REPORTING PERSON

£H

AGGREGATE
TRANSACTIONS

! l
58 to
CO >
EC O
H
H
>V H

1tn

or
DATE
to § OBought
t
h
e
r
w
i
s
e
OF
TJ
TRANSACTION K
Cd Z A c q u i r e d

H

INDIRECT ACCOUNT

P

°

Sold o r
Otherwise
Disposed of

MONTH-END
OWNERSHIP

COMMERCIAL TRUST COMPANY OF
NEW JERSEY ( J e r s e y C i t y )
Aaron L a s t

D

12-12-74

George Neupauer

D

12-17-74
12-31-74
12-17-74
12-31-74

23,500

1,300
121
1
2
2

121
1

6,355
7,055

COUNTY BANK OF SANTA CRUZ
(California)
D

12- 6-74

D

12-19-74

William A. B l a c k w e l l , S r .

D

11-15-74

Robert David Car r

OD

Dr. Anthony E. A l l e g r i n i

265
2

171

8,630
-0-

THE DOLLAR SAVINGS AND TRUST
COMPANY (Youngstown, Ohio)
Thomas A. C l e a r y , J r .

368

100

EWING BANK AND TRUST COMPANY
( T r e n t o n , New J e r s e y )
1,500
3,628

2
11-15-74

Edward J . McManimon, J r .

D

11-15-74

Harold G. Orland

D

11-15-74

2

3,000

60,000
15,000

190

4,929

260

760
10,640

2
P h i l i p C. S c o z z a r i
Gordon L. Youngs




-08,000

11-15-74

2

250

2,250
17,250

11-15-74

2

1,000

12,500
3,000

D
D

11

8
£
H

BANK

§

REPORTING PERSON

Ol

se
M
nj

INDIRECT ACCOUNT

AGGREGATE
TRANSACTIONS

t/D
c;n >

H

S

S

TJ H
DATE
CO • §
OF
g ^
TRANSACTION w S
o o

Bought o r
Otherwise
Acquired

Sold o r
Otherwise
Disposed of

MONTH-END
OWNERSHIP

FIRST BANK OF COLONIA
(New J e r s e y )
W a l t e r M. R i t c h i e

D

11-24-74

OD];

6- 7-74
10-21-74
12-12-74
12-13-74

2
2
2

66
300
300
500

12-31-74

2

615

6- 4 - 7 4

2

66

9-24-74
12- 2-74

2
2

200
100

1,094

12- 2-74

2

200

1,000
500

500

943

544
190

3,600
400

100

2,704

HEMPSTEAD BANK
(Garden C i t y , New York)
Bruce Wood H a l l *

John W. O e l s n e r
Robert E. Scheuing *
Mead W. Stone *

C o l t o n P. Wagner
*

201,508
23,685

D
OD
D

D

615

1,258
615
1,486
1,480
1,127

Amended Report

THE LORAIN COUNTY SAVINGS & TRUi I T
CO. ( E l y r i a , Ohio)
Dr. Roy E. Haye s

D

12-27-74

0

12-16-74
12-16-74

THE LOUISVILLE TRUST COMPANY
(Kentucky)
Leonard B. M a r s h a l l , J r .

2

Paul D. McCandless

D

11- 4 - 7 4

41

327

Thomas E. P f a u

0

11- 4 - 7 4

200

450
307




2

-4-

BANK
REPORTING PERSON
INDIRECT ACCOUNT

S 3

s
E

AGGREGATE
TRANSACTIONS

rzi

H

in >

§CD

X
H
hd
cn

o
H
H
O
iz:

DATE
OF
hd
g >
TRANSACTION # %

X
M

Bought o r
Otherwise
Acquired

Sold or
Otherwise
Disposed of

MONTH-END
OWNERSHIP

PIEDMONT TRUST BANK
(Martinsville, Virginia)
J . Burness F r i t h

D

12-

1,300

100

4-74

3,112

2

THE SCHENECTADY TRUST COMPANY
(New York)
William H. M i l t o n , I I I

OD

2

12-20-74

1

12-23-74
3

259

120

1,193

100

14,182

SOUTHWEST BANK OF ST. LOUIS
(Missouri)
Leopold Oldani

D

12-11-74

D

12-11-74

175

4,624

W i l l i a m P. Simmons

D

11-12-74

400

-0-

Hughes S p a l d i n g , J r .

D

11-12-74

12,400

-0-

T

12- 4 - 7 4
12-11-74
12-17-74
12-18-74

THE STATE BANK OF NORTH JERSEY
(Pine Brook)
David Young, I I I
TRUST COMPANY OF GEORGIA
(Atlanta)

UNITED STATES TRUST COMPANY
OF NEW YORK (New York C i t y )
Bonus P l a n

600
500
80
488

62,495

WYANDOTTE SAVINGS BANK
(Michigan)
W. Hugh W i l l i a m s




D

12-23-74

300
2

725
2,500