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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 A p p l i c a t i o n s and R e p o r t s R e c e i v e d o r Acted on 1970 - No. 15 D u r i n g t h e Week Ended A p r i l 1 1 , 1970, District 5 Date C u r r e n t R e p o r t 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 Piedmont T r u s t Bank, M a r t i n s v i l l e , V i r g i n i a * (March 1970) 4 - 8-70 6 The Bank of New O r l e a n s and T r u s t Company, New Orleans, Louisiana. (March 1970) 4- 9-70 7 H a r r i s T r u s t and S a v i n g s Bank, C h i c a g o , I l l i n o i s . (March 1970) 4-10-70 Corpus C h r i s t ! Bank & T r u s t , Corpus C h r i s t i , T e x a s . (March 1970) 4-10-70 11 * * * * A 6 To Become a Member of t h e F e d e r a l R e s e r v e System 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 Approved The Bank and T r u s t Company of G r e a t e r New O r l e a n s , New O r l e a n s , L o u i s i a n a . * * * * * 7 11 7 To Withdraw f r o m Membership i n t h e F e d e r a l R e s e r v e 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 Moorhead S t a t e Bank, Moorhead, Iowa. The F i r s t S t a t e Bank, K o s s e , T e x a s . Approved *Moorhead S t a t e Bank, Moorhead, Iowa. * * * * * * A p p l i c a t i o n a p p r o v e d by R e s e r v e Bank on b e h a l f of t h e Board o f G o v e r n o r s under d e l e g a t e d a u t h o r i t y . H. 2 No. 15 1 ~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 Reserve Act Received F i r s t Bank and T r u s t Company of Hampden County, S p r i n g f i e l d , M a s s a c h u s e t t s . Branch on t h e w e s t e r l y s i d e of P a r k e r S t r e e t s o u t h of t h e i n t e r s e c t i o n of P a r k e r S t r e e t and Boston Road, S p r i n g f i e l d . 1 Union T r u s t Company of E l l s w o r t h , E l l s w o r t h , Maine. Branch i n J o n e s p o r t . 2 C e n t r a l T r u s t Company R o c h e s t e r N. Y . , R o c h e s t e r , New York. Branch ( t e m p o r a r y f a c i l i t y ) a t 1806 E a s t Avenue, R o c h e s t e r , 2 I r v i n g T r u s t Company, New York, New York. Branch a t 1225 Avenue of t h e Americas, Manhattan, New York. 3 Wilmington T r u s t Company, Wilmington, Delaware. Branch a t t h e i n t e r s e c t i o n of K i n g ' s Highway and S t a t e S t r e e t , Dover, Kent County. 4 The Ohio C i t i z e n s T r u s t Company, T o l e d o , Ohio. Branch a t 5860 Lewis Avenue, T o l e d o , Lucas County. 12 3 6 7 U n i t e d C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a . Branch i n t h e c e n t r a l b u s i n e s s d i s t r i c t of San Mateo, San Mateo County. Approved *The Farmers T r u s t Company of Lebanon, P a . , Lebanon, P e n n s y l v a n i a . Branch a t 236-238 West Main S t r e e t , Myerstown, Lebanon County. * G r a n i t e C i t y Bank, E l b e r t o n , G e o r g i a . Branch on t h e P u b l i c S q u a r e , E l b e r t o n . **Lapeer County Bank & T r u s t C o . , L a p e e r , Michigan. Branch a t 637 South Main S t r e e t , L a p e e r . 8 ^ P l a n t e r s Bank and T r u s t Company, H o p k i n s v i l l e , Kentucky. Branch i n a shopping m a l l t o be c o n s t r u c t e d on U.S. Highway 41-A and j u n c t i o n w i t h P e n n y r i l e Parkway, Hopkinsville. * * * * * * 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 , ** A p p l i c a t i o n approved by t h e A c t i n g D i r e c t o r of t h e D i v i s i o n of S u p e r v i s i o n and R e g u l a t i o n on b e h a l f of t h e Board of Governors u n d e r d e l e g a t e d authority. H.2 No. 15 2 To 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 F i r s t N a t i o n a l C i t y Bank, New York, New York. Branch i n Georgetown, Grand Cayman. 5 V i r g i n i a N a t i o n a l Bank, N o r f o l k , V i r g i n i a . Branch i n N a s s a u , Bahamas„ 8 The F i r s t N a t i o n a l Bank i n S t . L o u i s , S t . L o u i s , M i s s o u r i . Branch i n N a s s a u , Bahamas. F i r s t N a t i o n a l Bank of F o r t Worth, F o r t Worth, T e x a s . Branch i n N a s s a u , Bahamas. * A* A * 6 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 The Bank and T r u s t Company of G r e a t e r New O r l e a n s , New O r l e a n s , L o u i s i a n a , t o merge The Bank of New O r l e a n s and T r u s t Company, New O r l e a n s , L o u i s i a n a , under t h e c h a r t e r of t h e f o r m e r and t i t l e of t h e latter. * A* * * 9 9 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 H o l d i n g Company Act of 1956 . Approved American Ban c o r p o r a t i o n , I n c . , S t . P a u l , M i n n e s o t 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 n o t l e s s t h a n 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 American N a t i o n a l Bank and T r u s t Company; and Commercial S t a t e Bank, both i n S t . P a u l , Minnesota. Jacob Schmidt Company, S t . P a u l , M i n n e s o t 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 i n d i r e c t c o n t r o l of n o t l e s s t h a n 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 American N a t i o n a l Bank and T r u s t Company; and Commercial S t a t e Bank, both i n St. P a u l , Minnesota. A AA A * I • • H. 2 No. 15 4 9 -4To 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 ) of t h e Bank Holding Company Act of 1956 Received S o c i e t y C o r p o r a t i o n , C l e v e l a n d , 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 up t o 169,835 ( l e s s d i r e c t o r s ' 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 The Farmers N a t i o n a l Bank and T r u s t Company of A s h t a b u l a , A s h t a b u l a , Ohio. Reactivated On H.2 No. 41, f o r t h e week ended October 11, 1969, 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 Dacotah Bank Holding C o . , Aberdeen, South Dakota, 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 63.36 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 Bank of Lemmon, Lemmon, South D a k o t a . On J a n u a r y 17, 1970 9 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 d d i t i o n a l i n f o r m a t i o n from A p p l i c a n t . Following r e c e i p t of t h e i n f o r m a t i o n , 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 . * * * * *
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