View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

G.16

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

Summary of Equity S e c u r i t y Transactions and Ownership of D i r e c t o r s ,
O f f i c e r s , and P r i n c i p a l Stockholders of Member S t a t e 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
J a n u a r y 1975

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 t o 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-

l y i n g reports may be inspected at the Federal Reserve Board o f f i c e s ,
Washington, D. C.

P u b l i c a t i o n of t h i s information i s in no sense a

representation that i t i s correct or complete.
On the f o l l o w i n g 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 t o the bank.
Unless otherwise i n d i c a t e d , a l l transactions involve the bank's common
stock.

Any i n d i r e c t 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 d i r e c t i n t e r e s t .
Symbols i n d i c a t e the nature of the t r a n s a c t i o n s , 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 t o 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
"0" - O f f i c e r
"D" - D i r e c t o r o r 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
!,
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 t h e bank
"V" - V o t i n g t r u s t e e
fl
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 - P u r c h a s e or S a l e
"B n - Bequest or I n h e r i t a n c e
lf
C" - Compensation
"D" - D i s t r i b u t i o n
"E" - Exchange or C o n v e r s i o n
ft t!
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 o r 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 .
I! !f
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 , 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 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.
,f ,f
3 - Same as i n "2, 1 1 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 .
" 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, 1 1 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 .




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 t h e
F e d e r a l R e s e r v e System d u r i n g t h e p e r i o d from
J a n u a r y 11, 1975 t o

F e b r u a r y 10, 1975

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

§ so

AGGREGATE
po cn
TRANSACTIONS
en >
53
hd H Bought or Sold or
DATE
O
c/3 25 O t h e r w i s e O t h e r w i s e
OF
MONTH-END
TRANSACTION
A c q u i r e d Disposed of OWNERSHIP

BANK
REPORTING PERSON

11

INDIRECT ACCOUNT
BANK OF THE COMMONWEALTH
( D e t r o i t , Michigan)
Wesley R. Johnson

11-29-74

Richard J . Tennent

12- 9-74

100

900

1-14-75

375

19,111
1,838

500

500

BANK OF SMITHTOWN (New York)
Maude H. Bach
Frank Radau

OD

1-29-75

35
65

14,412
425

COLONIAL BANK (New O r l e a n s ,
Louisiana)
C h r i s t i a n M. V o e l k e l

1,000

11-26-74

1,300

COMMERCIAL TRUST COMPANY OF
NEW JERSEY ( J e r s e y C i t y )
Robert L. Boyle

1- 3-75

19,295

1-17-75
1-27-75

5
94
80
130

Aaron L a s t

1-21-75

500

24,000

Thomas J . Nolan, J r .

1 - 6-75

36




11,454

195

757
1,508

F

5

AGGREGATE
| W
CO >
TRANSACTIONS
33 q
H H
hd H
DATE
Bought o r
Sold or
CO §
OF
Otherwise
Otherwise
K t»
TRANSACTION CO
Acquired
Z
Disposed of

BANK
REPORTING PERSON
INDIRECT ACCOUNT

MONTH-END
OWNERSHIP

COMMONWEALTH BANK & TRUST
COMPANY ( S t e r l i n g , V i r g i n i a )
James H. J e n k i n s , J r .

DD

6-30-74

549

3,471

Richard D. Ketterman

0

6-30-74

85

4,100

THE DOLLAR SAVINGS AND TRUST
COMPANY (Youngstown, Ohio)
P h i l i p A. Levy-

D
1-14-75

60

238
347

12- 6-74
12- 9-74
12-13-74
1-13-75
12-13-74

26
50
12
100
200

1,100
200

Tom M. G i r d l e r , J r .

1-28-75

100

210

P h i l i p S. Morgan

1-17-75

Alexander K. P h i l l i p s , M.D

THE HARTER BANK & TRUST
COMPANY (Canton, Ohio)

48

21

- 0 -

48

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

ODI

Robert E. Scheuing

OD

1-31-75

358

1-31-75

381

1,486
1,861

4-15-74
9- 4 - 7 4
10-28-74
11- 6-74

66
12
15
1

200

201,866
23,685

LIBERTY TRUST COMPANY OF
MARYLAND (Cumberland)
Mark Folk




D

INDIRECT ACCOUNT

DATE
OF
TRANSACTION

TRANSACTION AND
OWNERSHIP SYMBOL

REPORTING PERSON

RELATIONSHIP

BANK

AGGREGATE
TRANSACTIONS
Bought o r
Otherwise
Acquired

Sold o r
Otherwise
Disposed of

MONTH-END
OWNERSHIP

LIBERTY TRUST COMPANY OF
MARYLAND ( C o n ' t )
W i l l i a m D. Smith

W i l l i a m C. Walsh

6-10-74
8-15-74
9-18-74
10-28-74
11-26-74

2
2
2
2
2

OD

2-21-74

2

0

1-10-75
1-16-75

D

2,687
68
64
50
34

2,953
250

1,750

THE MERCHANTS BANK OF
NEW YORK (New York C i t y )
Be m i c e Ahrens

121
100

3,840
29

2
Arnold Markel

OD

5 - 6-74
5-23-74
1-10-75
1-16-75

1
400
121
100
2

Max M. Vas

2,325
49,544

D

1-14-74

56

2,433

Roland A. Crowe

D

11-18-74

9,095

-0-

C h a r l e s W. Hayden

D

11-18-74

NASSAU TRUST COMPANY
(Glen Cove, New York)

300

4,888
500

75

8,094

3
Edwin F . H e n d r i c k s o n

D

10-23-74

W i l l i a m H. Ogden

D

7-15-74

7,000

Benjamin S h a p i r o

D

8-19-74
11-18-74
11-25-74
12-16-74
12-24-74
8-19-74
10-18-74
12-16-74

300
300
575
116




656
3
3
3

45
300
100

-0-

19,288
100
810

26,723

-A,

REPORTING PERSON
INDIRECT ACCOUNT

#

%

DATE
OF
TRANSACTION

TRANSACTION AND
OWNERSHIP SYMBOL

BANK

RELATIONSHIP

^

AGGREGATE
TRANSACTIONS
Bought o r
Otherwise
Acquired

Sold o r
Otherwise
Disposed of

MONTH-END
OWNERSHIP

THE NORTHERN VIRGINIA BANK
(Springfield)
C a r l A. D e r r y b e r r y

OD

12-31-74

Robert E. T a y l o r

OD

12-31-74

4,500
200

33,122
10,703

THE OHIO CITIZENS TRUST
COMPANY (Toledo)
Horton C. R o r i c k

0

1-14-75
1- 8-75

e

Vincent J . Graham
Lawrence L. O'Connor

#

#

S t a n l e y H. R i c h a r d s

James Thompson

•

D

0

12-26-74
12-27-74

300
200

12-16-74
1-21-75
9-13-74
1-21-75

100
2
2

100
100

1-13-75
1-20-75

187

9,214
1,686

900
100

OD

D

2
2

175

12-26-74
1-20-75

250
200

500
500

300
175

1,000
980
4,200
2,665

500
2

250

250

1,062
812

SOUTHWEST BANK OF ST. LOUIS
(Missouri)
Leopold O l d a n i

#




#

D

12- 5-74
12-23-74
Louis Zahn

79
163

-

SEARS BANK & TRUST COMPANY
(Chicago, I l l i n o i s )

•

2

D

1-23-75

100

14,282

-5-

BANK
REPORTING PERSON
INDIRECT ACCOUNT

£

H
8
CO
B
hj

§ .

AGGREGATE
W S5
CD
/
TRANSACTIONS
CT) >
5 3
>"ti H
DATE
Bought o r
Sold o r
cn §
OF
O
t
h
e
r
w
i
s
e
O
therwise
§ !>
TRANSACTION dd 2S A c q u i r e d
Disposed of

MONTH-END
OWNERSHIP

THE SYLVANIA SAVINGS BANK
COMPANY (Ohio)
Paul W. Z e i t n e r

OD

1-23-75

964

6,160

TRUST COMPANY OF GEORGIA
(Atlanta)
Sartain Lanier

11-12-74

3,360

-0-

UNITED STATES TRUST COMPANY
OF NEW YORK (New York C i t y )
Hoyt Ammidon
J . S i n c l a i r Armstrong
James J . O ' L e a r y
Bonus P l a n

1-22-75
1-31-75

3,713
147

6,000

1-14-75
1-30-75

50
50

900

pDT

1-16-75

200

486

T

1 - 7-75
1 - 9-75
1-10-75
1-15-75
1-21-75
1-27-75

2,400
2,000
1,000
1,400

0

4,403
685

64,207

VALLEY BANK OF NEVADA
(Las Vegas)
R i c h a r d A. E t t e r
R. R. J a c o b s o n

0

Jerome D. Mack

OD

Emerson S. S t u r d e v a n t

9-25-72
1-23-74

1,000

12-30-74

200

2,304

1- 8-75

4,950

45,034
198,752

300
1,500

D
12-30-74

9,000

31,129
58,000

WYANDOTTE SAVINGS BANK
(Michigan)
J o s e p h Gorno, S r .



D

2- 3-75

400

3,559

G. 16

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

Summary of E q u i t y S e c u r i t y T r a n s a c t i o n s and Ownership of D i r e c t o r s ,
O f f i c e r s , and P r i n c i p a l S t o c k h o l d e r s of Member S t a t e Banks




as R e p o r t e d P u r s u a n t t o S e c t i o n 1 6 ( a ) of t h e
S e c u r i t i e s Exchange Act of 1934
F e b r u a r y 1975

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 t o 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-

l y i n g reports may be inspected at the Federal Reserve Board o f f i c e s ,
Washington, D. C.

Publication of t h i s information i s i n 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 t o the bank.
Unless otherwise i n d i c a t e d , a l l t r a n s a c t i o n s involve the bank's common
stock.

Any i n d i r e c t 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 d i r e c t i n t e r e s t .
Symbols i n d i c a t e the nature of the t r a n s a c t i o n s , i f other than a
purchase or s a l e , and the nature of ownership, i f other than direct
(see "Guide t o Symbols").




e
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
F e b r u a r y 11, 1975

to

March 10, 1975

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

£

AGGREGATE
11
& CO
ACTIONS
TRANS
CO >
n
HH
CO
hd H Bought or Sold o r
DATE
s
Cfi 2! O t h e r w i s e O t h e r w i s e
MONTH-END
OF
TRANSACTION i h Acquired Disposed of OWNERSHIP
OO

BANK

|

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

D
1-13-75

2

4,260
8,934

76

CITIZENS COMMERCIAL & SAVINGS
BANK ( F l i n t , Michigan)
Lyle S. Knopf

D

6-10-74

100

1,275
202

150

6,032

2
COUNTY BANK OF SANTA CRUZ
(California)
J . Boit Sesnon

D

12-25-74

D

1- 8-75

D

1 - 6-75
1-17-75

FARMERS & MERCHANTS BANK OF
CENTRAL CALIFORNIA (Lodi)
Casey Moore

2

72

122

FIRST BANK OF C0L0NIA (New Jersey )
J o s e p h P. Somers

150
17

372

FIRST COMMERCIAL BANK
(Arlington, Virginia)
Donald A. Cooke

Paul Emerson




#

OD
1-20-75
1-27-75

2
2

400
500

1-20-75
1-27-75

2
2

400
500

OD

3,700
2,746
5,000
1,269

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
f,

0l! - O f f i c e r
"D" - D i r e c t o r o r 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
!f n
B - B e n e f i c i a l owner of more t h a n 10 p e r 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 t h e bank
"VH - Voting t r u s t e e
"T" - T r u s t e e
U M
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 - P u r c h a s e or S a l e
"B" - Bequest o r I n h e r i t a n c e
"C" - Compensation
"D" - D i s t r i b u t i o n
"E" - Exchange or C o n v e r s i o n
"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 o r 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 , b u 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 .
" 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 , 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 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 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 .
!l ft
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, 1 1 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 .




- 2 -

BANK
REPORTING PERSON
INDIRECT ACCOUNT

&
s
H
H

AGGREGATE
1 1
PC CO
TRANSACTIONS
CO >
EC o
§cn
H H
H Bought o r
DATE
Sold o r
g
co §
OF
Otherwise
Otherwise
h3
Z 6>
TRANSACTION Bd 2 A c q u i r e d
D i s p o s e d of

MONTH-END
OWNERSHIP

FIRST COMMERCIAL BANK ( C o n ' t )
L o u i s G. F i e l d s , J r .

R i c h a r d E. H y l t o n

Dr. Panos G. K o u t r o u v e l i s

Dr. Stephen H. Schachner

C h a r l e s Edward T a y l o r

D
1-20-75
1-27-75

2
2

400
500

1-20-75
1-27-75

2
2

400
500

1-20-75
1-27-75

2
2

400
500

1-20-75
1-27-75

2
2

400
500

1-20-75
1-27-75

2
2

400
500

2- 4-75
2- 4-75

2

100
30

2

40
48
12
22

OD

OD

OD

OD

416
1,235
325
1,441
5,211
1,235
5,000
1,235
5,212
1,235

THE BARTER BANK & TRUST COMPANY
(Canton, Ohio)
John R. C a s a r

0

C a p i t a l Notes

234
160
$3,000

THE LOUISVILLE TRUST COMPANY
(Kentucky)
Thomas E. P f a u

0

2-10-75
2-19-75
2-21-75
2- 4 - 7 5

550
369

THE MERCHANTS BANK OF NEW YORK
(New York C i t y )
Robinson Markel




D

2-11-75
2

126

962
9,379

-3-

BANK
REPORTING PERSON
INDIRECT ACCOUNT

s
1
33
M
hti

11
S3
Is

AGGREGATE
TRANSACTIONS

# cn
CO >

Hd h
DATE
o
cn
Z
OF
TRANSACTION

Bought o r
Otherwise
Acquired

Sold or
Otherwise
Disposed of

MONTH-END
OWNERSHIP

THE OHIO CITIZENS TRUST COMPANY
(Toledo)
Don T. McKone

D
1-31-75

2

107

904
794

2- 4-75

2

300

3,780
1,422

2- 4-75

2

546

1- 8-75

3

796

STATE BANK OF NORTH JERSEY
(Pine Brook)
A l b e r t J . O'Dowd
David Young, 3 r d

D
D

4,624
546

UNITED COUNTIES TRUST COMPANY
( E l i z a b e t h , New J e r s e y )
Howard A. R o b e r t s

D
796

2,590
8,409

UNITED STATES TRUST COMPANY OF
NEW YORK (New York C i t y )
J . S i n c l a i r Armstrong

0

2-28-75

Bonus P l a n

T

2-26-75

100

1,000
145

64,062

VALLEY BANK OF NEVADA
(Las Vegas)
Guido F . L u c i n i

D
700

1,000
700

9-26-74
12-31-74

100
100

400

9-10-74

53

116

3-26-74

2

WARREN BANK (Michigan)
James F . P e t e r s
Wesley J . R o b e r t s




D
D