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ANNOUNCE! ENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 A p p l i c a t i o n s and Reports Received o r Acted on 1971 - No. 15 During t h e Week Ended A p r i l 10, 1971. District 7 8 Date C u r r e n t Report F i l e d P u r s u a n t t o S e c t i o n 13 of t h e S e c u r i t i e s Exchange Act Received S e a r s Bank and T r u s t Company, C h i c a g o , I l l i n o i s (March 1971) M a n u f a c t u r e r s Bank & T r u s t Company of S t . L o u i s , S t . L o u i s , M i s s o u r i (March 1971) 4- 9-71 4- 9-71 * * * * * 11 Proxy S t a t e m e n t ( S p e c i a l Meeting) F i l e d P u r s u a n t t o S e c t i o n 1 4 ( a ) of t h e S e c u r i t i e s Exchange Act Received S o u t h e r n A r i z o n a Bank and T r u s t Company, Tucson, Arizona. * * * * * 4 To Withdraw from Membership i n t h e F e d e r a l Reserve System Without a S i x Month N o t i c e as P r e s c r i b e d by S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act Received The P e o p l e s Banking Company , McComb , Ohio. * * * * * 2 To E s t a b l i s h a Domestic Branch P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l R e s e r v e Act Received Chemical Bank, New Y o r k , New York, Branch on t h e n o r t h e a s t c o r n e r of N o r t h e r n Boulevard and 196th S t r e e t , F l u s h i n g , Queens County. 3-11-71 H. 2 No. 15 2 -2Recelved ( c o n t ' d ) M a n u f a c t u r e r s Hanover T r u s t Company, New York, New York* Branch i n t h e Hunting Ridge M a l l , n o r t h w e s t s i d e of t h e Old P o s t Road (Route 2 2 ) , a p p r o x i m a t e l y 1,056 f e e t n o r t h e a s t of South Bedford V i l l a g e , Town of B e d f o r d , W e s t c h e s t e r County. 4 The P r o v i d e n t Bank, C i n c i n n a t i , Ohio. Branch a t 8055 Montgomery Road, Sycamore Township, Hamilton County. 12 S e a t t l e T r u s t and Savings Bank, S e a t t l e , Washington. Branch a t 13240 N o r t h r u p Way i n u n i n c o r p o r a t e d p o r t i o n of King County, Washington, c o n t i g u o u s t o t h e c i t y of B e l l e v u e . 1 Approved *Tlie C o n n e c t i c u t Bank and T r u s t Company, H a r t f o r d , C o n n e c t i c u t . Branches i n t h e f o l l o w i n g l o c a t i o n s : A. Branch a t 1025-1029 P o s t Road, D a r i e n : and B. Branch at 765 P o s t Road, F a i r f i e l d . 1 *The C a r r o l l County Bank and T r u s t Company, Conway, New Hampshire. Branch a t Routes 16 and 302, Conway County. 6 * T r u s t Company of G e o r g i a , A t l a n t a , G e o r g i a . Branches a t t h e f o l l o w i n g l o c a t i o n s : 2 2 A. At 10 P e r i m e t e r C e n t e r 4400 Ashf ord-Dunwoody Road, A t l a n t a ; B. At 4030 L a v i s t a Road, T u c k e r ; and C. At 4111 P l e a s ant d a l e Road, Chaniblee. Withdrawn C e n t r a l Home T r u s t Company of E l i z a b e l t h , N . J . , E l i z a b e t h , New J e r s e y . Branch i n t h e shopping c e n t e r Route #35 c o r n e r of Deal Road, Ocean Township. P e o p l e s T r u s t Company of New J e r s e y , Hackensack, New J e r s e y . Branch on t h e s o u t h e a s t c o r n e r of Kinderkamick Road and Van Buren Avenue, Borough of R i v e r Edge, Bergen County. * * * * * * A p p l i c a t i o n approved by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y . i t. : l -3To E s t a b l i s h an Overseas Branch of a Member Bank P u r s u a n t t o S e c t i o n 25 of t h e F e d e r a l Reserve Act Approved The F i r s t N a t i o n a l Bank of B o s t o n , B o s t o n , M a s s a c h u s e t t s . Branch i n Nassau, Bahamas. i I n d u s t r i a l N a t i o n a l Bank, P r o v i d e n c e , Rhode I s l a n d . Branch i n N a s s a u , Bahamas. 2 Bankers T r u s t Company, New York, New Y o r k . Branch i n N a s s a u , Bahamas. 2 Chemical Bank, New York, New Y o r k . Branch i n B r u s s e l s , Belgium. 2 F i r s t N a t i o n a l C i t y Bank, New Y o r k , New Y o r k . Branch i n S a i g o n , Vietnam. 4 The H u n t i n g t o n N a t i o n a l Bank of Columbus, Columbus, Ohio. Branch i n N a s s a u , Bahamas. 5 F i r s t and Merchants N a t i o n a l Bank, Richmond, V i r g i n i a . Branch i n N a s s a u , Bahamas. 6 The F i r s t N a t i o n a l Bank of Miami, Miami, F l o r i d a . Branch i n N a s s a u , Bahamas. 6 F i r s t N a t i o n a l Bank of Commerce, New O r l e a n s , L o u i s i a n a . Branch i n N a s s a u , Bahamas. 7 C o n t i n e n t a l I l l i n o i s N a t i o n a l Bank & T r u s t C o . , C h i c a g o , I l l i n o i s . Branches i n t h e f o l l o w i n g l o c a t i o n s : A. At A t h e n s , Greece; and B. At S i n g a p o r e , R e p u b l i c of S i n g a p o r e . 7 La S a l l e N a t i o n a l Bank, C h i c a g o , I l l i n o i s . Branch i n N a s s a u , Bahamas. 7 Marine N a t i o n a l Exchange Bank of Milwaukee, Milwaukee, W i s c o n s i n . Branch i n N a s s a u , Bahamas. 7 M a r s h a l l & l i s l e y Bank, Milwaukee, W i s c o n s i n . Branch i n N a s s a u , Bahamas. 12 Bank of America N a t i o n a l T r u s t and S Approved ( c o n t ' d ) Bank of America N a t i o n a l T r u s t and Savings A s s o c i a t i o n , San F r a n c i s c o , C a l i f o r n i a . Branches a t t h e f o l l o w i n g locations: A. At Bandar S e r i Begawan; and B. At E d i n b u r g h , S c o t l a n d . * * * * * T h i r t y Day N o t i c e of I n t e n t i o n t o E s t a b l i s h an A d d i t i o n a l Branch i n a F o r e i g n Country Received The Chase Manhattan Bank, N a t i o n a l A s s o c i a t i o n , New York, New Y o r k . Branches i n t h e Dominican R e p u b l i c . * * * * * To Merge P u r s u a n t t o S e c t i o n 1 8 ( c ) of t h e F e d e r a l D e p o s i t I n s u r a n c e Act Approved Manaport Bank, Manassas, V i r g i n i a , f o r p r i o r a p p r o v a l t o merge F i r s t Manassas Bank and T r u s t Company, Manassas, V i r g i n i a , u n d e r t h e c h a r t e r of Manaport Bank and t i t l e of F i r s t Manassas Bank and T r u s t Company. * * * * * To Form a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956 Approved N o r t h e r n V i r g i n i a Bankshares I n c o r p o r a t e d , B a i l e y ' s C r o s s r o a d s , V i r g i n i a , f o r p r i o r a p p r o v a l t o become a bank h o l d i n g company t h r o u g h t h e a c q u i s i t i o n of 100 p e r c e n t of t h e v o t i n g s h a r e s of Hamilton Bank and T r u s t Company, B a i l e y ' s C r o s s r o a d s , V i r g i n i a , and F i r s t Manassas Bank and T r u s t C o . , Manassas, Virginia. I I I HI H. 2 No. 15 6 -5Suspense On H.2 No. 6 , f o r t h e week ended F e b r u a r y 6 , 1971, t h e Board r e p o r t e d r e c e i p t of an a p p l i c a t i o n from C e n t r a l and S t a t e N a t i o n a l C o r p o r a t i o n of Alabama, Birmingham, Alabama, f o r p r i o r a p p r o v a l t o become a bank h o l d i n g company. T h i s a p p l i c a t i o n has b e e n p l a c e d i n s u s p e n s e a w a i t i n g an o r a l p r e s e n t a t i o n on t h e a p p l i c a t i o n t o b e h e l d i n Birmingham, Alabama, on May 13, 1971. * * * * * 4 10 6 10 10 To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) o f t h e Bank H o l d i n g Company Act of 1956 Received The C e n t r a l B a n c o r p o r a t i o n , I n c . , C i n c i n n a t i , Ohio, f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s v q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o The F i r s t T r u s t and Savings Bank, Z a n e s v i l l e , Ohio. M i s s o u r i B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , f o r p r i o r a p p r o v a l t o a c q u i r e 83 p e r c e n t o r more of t h e v o t i n g s h a r e s of Arnold Savings Ban!:, A r n o l d , Missouri. Appproved F i r s t F l o r i d a B a n c o r p o r a t i o n , Tampa, F l o r i d a , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of Midway Bank a t Tampa, Tampa, F l o r i d a . C o l o r a d o CNB Banlcshares , I n c . , Denver, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t of t h e v o t i n g s h a r e s of F i r s t N a t i o n a l Bank of S t e r l i n g , S t e r l i n g , Colorado. Reactivated On H.2 No. 5 , f o r t h e week ended J a n u a r y 3 0 , 1971, t h e Board r e p o r t e d r e c e i p t of an a p p l i c a t i o n from F i r s t Union, I n c o r p o r a t e d , S t . L o u i s , M i s s o u r i , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of West P l a i n s , West P l a i n s , M i s s o u r i . T h i s a p p l i c a t i o n was p l a c e d i n s u s p e n s e a w a i t i n g r e c e i p t of A p p l i c a n t 1 s r e p l y t o a Department of J u s t i c e l e t t e r t o t h e Board d a t e d March 5 , 1971. F o l l o w i n g r e c e i p t of A p p l i c a n t ' s r e p l y d a t e d March 3 1 , 1971, t h i s a p p l i c a t i o n has been r e a c t i v a t e d . H.2 No. 15 4 - 6 - Suspense On H.2 No. 5 , f o r t h e week ended J a n u a r y 3 0 , 1971, t h e Board r e p o r t e d r e c e i p t of an a p p l i c a t i o n from F i r s t Banc Group of Ohio, Columbus, Ohio, f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s ' a u a l f y i n g s h a r e s ) of t h e s u c c e s s o r by merger of The S e c u r i t y C e n t r a l N a t i o n a l Bank of P o r t s m o u t h , P o r t s m o u t h , Ohio. T h i s a p p l i c a t i o n i s now i n s u s p e n s e a w a i t i n g r e c e i p t of A p p l i c a n t T s r e p l y t o a Department of J u s t i c e l e t t e r t o t h e Board d a t e d March 22, 1971. * * * A * Hill i i •