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ANNOUNCEMENT BY BOARD OF GQl/ERilORS OF THE FEDERAL RESERVE SYSTEM II.2 A p p l i c a t i o n s and Reports Received or Acted on 1971 - N o . 17 During t h e Week Ended A p r i l 24, 1971. District 4 Date 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 14(a) of t h e S e c u r i t i e s Exchange Act Received The Commercial Bank and Savings Company, F o s t o r i a , Ohio * 10 * * 4-22-71 'k * To Become a Member of t h e F e d e r a l Reserve 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 Reserve Act Approved American Bank of Commerce, A l b u q u e r q u e , New Mexico. * * A * * 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 Broadway Bank & T r u s t Company, P a t e r s o n 9 New J e r s e y . Branch i n t h e v i c i n i t y of The Ridgemont Shopping C e n t e r , Kinderkamack Road, Park R i d g e , New J e r s e y . Chemical Bank, New York, New York. Branch on t h e s o u t h s i d e of F u l t o n S t r e e t , between New York and Brooklyn Avenue, B r o o k l y n . L i n c o l n R o c h e s t e r T r u s t Company, R o c h e s t e r , New York. Branch ( P u b l i c accommodation o f f i c e ) a t t h e s o u t h e a s t c o r n e r of t h e i n t e r s e c t i o n of M i t c h e l l Road and Ridge Road w e s t (U.S. Route 1 0 4 ) . H.2 No. 17 4 - 2 - Received ( c o n t ' d ) The C e n t r a l T r u s t Company, C i n c i n n a t i , Ohio. Branch a t 5530 C h e v i o t Road, Green Township, Hamilton County. 7 S t a t e Bank of C r o s w e l l , C r o s w e l l , Michigan. Branch in t h e v i c i n i t y of US 25 and Second S t r e e t * U n i n c o r p o r a t e d V i l l a g e of L a k e p o r t , B u r t c h v i l i e Township, S t . C l a i r County. 7 T r a v e r s e C i t y S t a t e Bank, T r a v e r s e C i t y , Michigan. Branch at 2180 Huns on Avenue, C i t y of T r a v e r s e C i t y , Grand T r a v e r s e County. 8 Merchants & Farmers Bank, Columbus, M i s s i s s i p p i . Branch on Highway 45 3 North Columbus l o c a t e d i n a shopping c e n t e r t o b e named L e i g h t Mall. 4 Approved *The S t a t e Bank and T r u s t Company, D e f i a n c e , Ohio. Branch at E a s t Second S t r e e t , D e f i a n c e , D e f i a n c e County. 4 *The Toledo Trust Company, T o l e d o , Ohio. Branch a t 5037 Suder Avenue, Toledo, Lucas County. 6 *Union Bank, N a s h v i l l e , T e n n e s s e e . Branch a t t h e s o u t h w e s t c o r n e r of Murereesboro Road and P a v i l l i o n B o u l e v a r d , Davidson County. 7 «The F i r s t Commercial Bank, C h i c a g o , I I l i o n i s . Branch ( d r i v e - i n , w a l k - u n f a c i l i t y ) at 6936 North C l a r k S t r e e t , Chicago. ?c t'c 2 12 -k * >V 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 the-. Federal Reserve Act Received F i r s t N a t i o n a l C i t y Bank , New York, Nex-; York » Branch i n Apia, Western Samoa. Approval **The Bank of C a l i f o r n i a , N a t i o n a l 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 * Branch i n London, England. V? 5*c V: * * A p p l i c a t i o n approved by Reserve Bank on b e h a l f of the Board of Governors under d e l e g a t e d a u t h o r i t y . **Approved week ended A p r i l 1 0 , 19 71. H. 2 No. 17 12 -3T 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 Approval *&*Bank of America, N a t i o n a l T r u s t & 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 . Branch i n t h e Republic of Colombia, c i t y of Bogota. 9 * * * * * 6 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 F i r s t Alabama Bancs h a r e s , I n c . , 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 through t h e a c q u i s i t i o n of 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 Montgomery; Exchange S e c u r i t y Bank, Birmingham; and The F i r s t N a t i o n a l Bank of H u n t s v i l l e , a l l i n Alabama * * * * * 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 ) of t h e Bank Holding Company Act of 1956 Re ce i v e d C h a r t e r New York C o r p o r a t i o n , New York, New York, f o r p r i o r a p p r o v a l of 100 p e r c e n t ( 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 ) to t h e s u c c e s s o r by merger t o The Union N a t i o n a l Bank of Troy, T r o y , New Y o r k . F i r s t & Merchants C o r p o r a t i o n , Richmond* V i r g i n i a 9 f o r p r i o r a p p r o v a l of t h e a c q u i s i t i o n of 100 p e r cent ( 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 s u c c e s s o r by merger t o The F i r s t N a t i o n a l Bank of D a n v i l l e , D a n v i l l e , V i r g i n i a . V i r g i n i a Commonwealth B a n k s h a r e s , I n c . , Richmond, V i r g i n i a 5 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 of t h e v o t i n g s h a r e s of The American Bank of Loudoun, D u l l e s I n t e r n a t i o n a l A i r p o r t , Loudoun County, V i r g i n i a , a proposed new b a n k . F i r s t Bancshares of F l o r i d a , I n c . , Boca R a t o n , F l o r i d a , f o r p r i o r a p p r o v a l of t h e a c q u i s i t i o n of 80 p e r c e n t or more 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 Palm Beach Gardens 5 Palm Beach Gardens, F l o r i d a , a proposed new b a n k . Received week of A p r i l 10 $ 1971. H.2 No. 17 -4- 6 S o u t h e a s t B a n c o r p o r a t i o n , I n c . , Miami, F l o r i d a , f o r p r i o r a p p r o v a l of 80 p e r c e n t or more of t h e v o t i n g s h a r e s of C a l a d e s i N a t i o n a l Bank at Dunedin, Dunedin, F l o r i d a . 6 F i r s t a t Orlando C o r p o r a t i o n v O r l a n d o , 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 100 p e r cent ( 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 F o r t P i e r c e Bank, Fort P i e r c e > F l o r i d a , a proposed new b a n k . 7 F i r s t Holding Company, I n c . , Waukesha, W i s c o n s i n , f o r p r i o r a p p r o v a l of 80 p e r c e n t or 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 Elk Horn 3 E l k h o r n , W i s c o n s i n . 6 10 Aproved F i r s t a t Orlando C o r p o r a t i o n , O r l a n d o , 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 a t l e a s t 80 p e r cent of t h e v o t i n g s h a r e s of S t . Johns R i v e r Bank, J a c k s o n v i l l e , F l o r i d a . Midwest B a n c o r p o r a t i o n , I n c . , Kansas C i t y 9 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 cent of t h e v o t i n g s h a r e s of Community S t a t e Bank, Kansas C i t y , M i s s o u r i „ ii * * * *