Full text of H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received : April 7, 1962

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ANrJOUNCEMRXT BY
BOARD OF GOVERNORS O F THE FEli'wML RESERVE SYSTEI4
F o r t h e week ended A p r i l 7; 1962
K,2
No, 12

APPLICATIONS TO MERGE BANKS OR TO FORM OR EXPAND A BANK
HOLDING COMPANT RECEIVED BY OR, ACTED ON BY THE BOARD

District

Date
To Merge P u r s u a n t t o Se 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
Received

V
:•

5

Union T r u s t Company of Maryland. B a l t i m o r e , Maryland,
f o r p r i o r w r i t t e n c o n s e n t to merge w i t h Farmers and
Merchants 1 Bank, S a l i s b u r y , Maryland, under t h e
c h a r t e r and t i t l e of Union Trust Company of Maryland.

14-5-62

2

C i t i z e n s Bank of Perry, N. Y., P e r r y , New York, f o r
p r i o r w r i t t e n consent t o merge w i t h F i r s t N a t i o n a l
Bank of P e r r y , P e r r y , New York, under t h e c h a r t e r
of C i t i z e n s Bank of P e r r y , N, Y . , a n d t i t l e of
The Bank of P e r r y ,

U-6-62

U

The H i l l s b o r o Bank and S a v i n g s Company, H i l l s b o r o ,
Ohio, f o r p r i o r w r i t t e n consent t o p u r c h a s e t h e
a s s e t s and assume the l i a b i l i t i e s of The C i t i z e n s
Bank and S a v i n g s Company, Leesburg, Ohio, under
t h e c h a r t e r and t i t l e o f The H i l l s b o r o Bank and
Savings Company,

U~6~62

To Expand a Bank Holding Company Pursuant t o S e c t i o n 3 ( a ) ( 2 )
of t h e Bank Holding Company Act of 19i?6
Received
7

,

5




F i r s t Wisconsin Banks h a r e s Corporation, Milwaukee,
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 to a c q u i r e 80 p e r
c e n t o r more of the v o t i n g shares of Merchants and
Savings Bank, J a n e s v i l l e , Wisconsin,

k~2~62

F i r s t Virginia Corporation, Arlington, Virginia, 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 per c e n t o r more of t h e
v o t i n g s h a r e s of Shenandoah County Bank and T r u s t
Company, Woodstock, V i r g i n i a

lj.~3-.62

-Ga-u-uexr,

S o t c ^ e . ^

.
I

FOR FlLEi
f Lee Sawyer