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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 Directors,
Officers, and Principal Stockholders of Member State Banks




as Reported Pursuant to Section 16(a) of the
Securities Exchange Act of 193^
December 1980

<

EXPLANATORY NOTE
Information in this Summary has been drawn from reports on
Form F-8, "Statement of Changes in Beneficial Ownership of Securities,"
filed with the Board of Governors of the Federal Reserve System.

In

the interest of simplification, the Summary omits reported data with
respect to initial holdings (reported on Form F-7), purchases and sales
aggregating less than 50 shares during the month for which the report
is filed, stock splits, stock dividends, rights, and gifts.
lying

The under-

reports may be inspected at the Federal Reserve Board offices,

Washington, D. C.

Publication of this information is in no sense a

representation that it is correct or complete.
On the following pages, the name of the bank is followed by
the nam* of the person reporting and his relationship to the bank.
Unless otherwise indicated, all transactions involve the bank's common
stock. Any direct interest (through holding companies, partnerships,
trusts, family ownership, etc.) is shown below the direct interest.
Symbols indicate the nature of the nature of ownership, if other than
direct (see "Guide to Symbols").




i

GUIDE TO SYMBOLS
Reference to these symbols is essential for a full
and accurate interpretation of the data reported

RELATIONSHIP
"0"

Officer

equity security of the bank
"V" - Voting trustee
ituduee
.
i
"T" - Trustee
"M" - Member of advisory board or honorary director
CHARACTER OF TRANSACTION
No symbol - Purchase or Sale
"B" - Bequest or Inheritance
"C" - Compensation
"D" - Distribution
"E" - Exchange or Conversion
"F" - Exercise of rights
"G" - Gift
S" - Stock dividend or stock split
"S"
!t tt
- Exercise of option
V

NATURE OF OWNERSHIP

"3" - same as in "2", except that reporter disclaims any admission
that he is the beneficial owner of the securities.

he is the beneficial owner of the securities.
MONTH-END OWNERSHIP




"PR" - Holdings as previously reported.

TRANSACTIONS AND MONTH-END OWNERSHIP
Reports included in this summary were filed with the Board of Governors
of the Federal Reserve System during the period from
December 11, 1980

to

January 10, 1981

IMPORTANT - See Guide to Symbols on preceding page

BANK
REPORTING PERSON
INDIRECT ACCOUNT

AGGREGATE
TRANSACTIONS
iCOi
H
Sold or
Bought or
DATE
R8
OF
hd H Otherwise Otherwise MONTH-END
TRANSACTION CO ยง Acquired Disposed of OWNERSHIP

!

BEAVER TRUST COMPANY (Pennsylvania)
Frank A. Suffoletta

D

11-12-80

110

1,110

100

463
1,325

CAPE COD BANK AND TRUST COMPANY
(Hyannis, Massachusetts) Burton A. Rice

D

12/80

2

CHEMUNG CANAL TRUST COMPANY
(Elmira, New York)
Robert E. Dalrymple

10- 2-79
10-10-79
3-27-80
11- 6-80
11-18-80
12-12-80

100
100

10

6,435

D

11-10-80

100

509

D

11- 4-79

305

9,338

D

300

100

325

CITIZENS COMMERCIAL & SAVINGS BANK
(Flint, Michigan)
Julian Feiler
COUNTY BANK OF SANTA CRUZ (California)
Louis L. Haber




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FR 671

-21
i '

INDIRECT ACCOUNT

DATE
OF
TRANSACTION

TRANSACTION AND
OWNERSHIP SYMBOL

REPORTING PERSON

RELATIONSHIP

BANK

>
AGGREGATE
1
TRANSACTIONS
Bought or
Sold or
Otherwise Otherwise MONTH-END
Acquired Disposed of OWNERSHIP
<

THE PEOPLES BANK OF HANOVER COUNTY
(Mechanicsville, Virginia)
Hugh D. Lipscombe

OD

12-15-80

OD

12-31-80
8-12-80
8-26-80
12-12-80
12-29-80

200

2,593

100
3
2
2
2

200

111

3,694
515

THE SCHENECTADY TRUST COMPANY (New York)
Robert A. McCormick

2
2
2
2

249

UNION BANK & TRUST CO. (Montgomery, Alabama)
Robert F. Henry, Sr.
Robbing Taylor




D
OD

11-26-80
2

727
11-11-80
11-21-80

2
2

521
525

4,467

,