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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM % 2 Applications and Reports Received or Acted on 1971 No. 34 District 6 During Week Ending August 21, 1971 Registration Statement Filed Pursuant to Section 12(g) of the Securities Exchange Act Effective Lawrence County Bank, Lawrenceburg, Tennessee * 12 8-23-71 * * * Current Report Filed Pursuant to Section 13 of the Securities Exchange Act Received Valley Bank of Nevada, Las Vegas, Nevada , (July 1971) * * * * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Approved Commonwealth Bank and Trust Company of Virginia, Sterling, Virginia. 10 To Withdraw from Membership in the Federal Reserve System Without a Six Month Notice as Prescribed by Section 9 of the Federal Reserve Act Received Bank of Herington, Herington, Kansas 10 Approved Bank of Herington, Herington, Kansas Date * Vf i< V< 8-18-71 To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received Bank of Suffolk County, Stony Brook, New York. Branches at the following locations: A. The intersection of Waverly Avenue and Patchogue-Holbrook Road, Holtsville, Town of Brookhaven, Suffolk County. B. The intersection of the southwest corner of Horseblock Road and Bellport Road, North Bellport, Town of Brookhaven, Suffolk County. First Trust and Deposit Company, Syracuse, New York. To establish a branch in the immediate neighborhood of Grant Avenue Plaza on New York Route 5, (unincorporated area) town of Sennett, Cayuga County. Marine Midland Bank - Central, Syracuse, New York. To establish a branch in the immediate neighborhood of the relocated intersection of Prospect Street and Grant Avenue, an unincorporated area in the Town of Sennett and city line of Auburn, Cayuga County. Marine Midland Bank Southern, Binghamton, New York. To establish a branch on the east side of New York State Route 13, in the parking lot of the Cortlandville Mall, Town of Cortlandvilie, Cortland County. Ewing Bank and Trust Company, Ewing Township, West Trenton, Mercer County, New Jersey. To establish a branch office at 2099 Pennington Road, Ewing Township, Mercer County. The Toledo Trust Company, Toledo, Ohio. To establish a branch at 5941 West Central Avenue, Toledo, Lucas County. The Toledo Trust Company, Toledo, Ohio. To establish a branch at 705 Conant Street, Maumee, Lucas County. H.2 1971 No. 34 -3Approved *The Bank of Hartsville, Hartsville, South Carolina. To establish a branch in the Hartsville Mall, Hartsville, Darlington County. *Union Trust Company of Maryland, Baltimore, Maryland. To establish a branch at Chatham Road and U. S. Route 40, West Howard County. (Chatham Mall Branch) *The Lawrence County Bank, Lawrenceburg, Tennessee. To establish a branch on the northwest corner of the intersection of Main Street (State Road 20) and Shady Street in the unincorporated community of Summertown, Tennessee to be known as the Summertown Office. * * * * 2 To Establish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act Received The Chase Manhattan Bank, New York, New York. Branch in St. Maarten, Netherlands, Antilles, * * * * 11 To Organize, or Invest in, a Corporation Doing Foreign Banking and Other Foreign Financing Pursuant to Section 25 or 25(a) of the Federal Reserve Act Received First National City Bank, New York, New York. To establish an Edge Act Corporation under Section 25(a) to be known as First National City Bank (International-Rouston), Houston, Texas. * * * * * Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. I . H. 2 1971 No. 34 4 5 To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act Received The Huron County Banking Company, Norwalk, Ohio. For prior approval to merge the Savings and Loan Banking Company, New London, Ohio, under the charter and title of the former. Suspense On H.2 No. 25 for the week ended June 18, 1971, the Board reported receipt of an application from The Western Greenbrier Bank, Rainelle, West Virginia, for prior approval to acquire The Bank of Rainelle, Rainelle, West Virginia. This application is now in suspense awaiting receipt of Applicant1s reply to the Department of Justice. Withdrawn On H. 2 No, 26 for the week ended June 26, 1971, the Board reported receipt of an application from Trust Company of Georgia, Atlanta, Georgia, for prior approval to merge Bank of Fulton County, East Point, Georgia. In a letter dated August 20, 1971, Applicant requested that the application be withdrawn. * * * * * To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 Received FBT Corp., South Bend, Indiana, for prior approval to acquire 100 per cent (less directors' qualifying shares) of the voting shares of First Bank and Trust Company of South Bend, South Bend, Indiana. STS Corporation, Billings, Montana, for prior approval to acquire 98.68 per cent of the voting shares of Security Trust and Savings Bank, Billings, Montana. Approved Ellis Banking Corporation, Bradenton, Florida, for prior approval to acquire 80 per cent or more of the voting shares of each of the following Florida banks: Sarasota Bank & Trust Co., Sarasota; First National Bank of Bradenton; First National Bank of New Port Richey; First National Bank in Tarpon Springs; Northeast National Bank of St. Petersburg; Ellis National Bank of Tampa; American Bank of Sarasota; Springs State Bank, Tarpon Springs; American Security Bank, New Port Richey; Commercial Bank of Dade City; Manasota Bank, Manatee County; Bank of Jay; Bank of Blountstown; Harbor State Bank, Safety Harbor; and Longboat Key Bank, Longboat Key. The American Bancshares of Michigan, Inc., Kalamazoo, Michigan, for prior approval to acquire 100 per cent of the voting shares (less directors' qualifying shares) of the successor by merger to The American National Bank and Trust Company of Michigan, Kalamazoo, Michigan. United Bank Shares, Inc., El Paso, Texas, for prior approval to acquire 100 per cent of the voting shares (less directors' qualifying shares) of the successor by merger to Southwest National Bank of El Paso, El Paso, Texas. H.2 1971 No. 34 12 -6Approved (continued) Alameda Bancorporation, Inc., Alameda, California, for prior approval to acquire 98 per cent or more of the voting shares of Alameda First National Bank, Alameda, California. * 2 * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 . Received First National City Corporation, New York, New York, for prior approval to acquire 100 per cent of the voting shares (excluding directors1 qualifying shares) of Citibank, N.A., North Bay Shore, Town of Islip, Suffolk County, New York, a proposed new bank. 6 First at Orlando Corporation, Orlando, Florida, for prior approval to acquire 90 per cent or more of the voting shares of National Bank Gulf Gate, Sarasota County, Florida• 6 First at Orlando Corporation, Orlando, Florida, for prior approval to acquire 90 per cent or more of the voting shares of National Bank of Sarasota, Sarasota, Florida. 6 Florida National Banks of Florida, Inc., Jacksonville, Florida, for prior approval to acquire 80 per cent or more of the voting shares of Brevard National Bank, Titusville, Florida. 11 First Southwest Bancorporation, Inc., Waco, Texas, for prior approval to acquire more than 51 per cent of the voting shares of the successor by reorganization to East Texas Bank & Trust Company, Longview, Texas. 2 Approved United Jersey Banks, Hackensack, New Jersey, for prior approval to acquire 100 per cent of the voting shares (less directors' qualifying shares) of the successor by merger to The First National Bank of Princeton, Princeton, New Jersey. H.2 1971 No. 34 -7Approved (continued) 6 Atlantic Bancorporation, Jacksonville, Florida, for prior approval to acquire 60 per cent or more of the voting shares of Westside Atlantic Bank of Orlando, Orlando, Florida, a proposed new bank. 6 Barnett Banks of Florida, Inc., Jacksonville, Florida, for prior approval to acquire 80 per cent or more of the voting shares of Barnett Mall Bank, N.A«, Winter Park, Florida, a proposed new bank. 10 Wyoming Bancorporation, Cheyenne, Wyoming, for prior approval to acquire 100 per cent of the voting shares (less directors' qualifying shares) of First National Bank of Jackson Hole, Jackson, Wyoming, a proposed new bank. * 3 * * * To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Received First Pennsylvania Corporation, Philadelphia, Pennsylvania, notification of intent to engage in a de novo activity (the performance of accounting, processing and transfer agent services for mutual funds) through a subsidiary fund, Plan Services, Inc., Philadelphia, Pennsylvania. 5 First Union National Bancorp, Inc., Charlotte, North Carolina, for prior approval to acquire 100 per cent of the voting shares of Reid-McGee & Company, Jackson, Mississippi. 5 First Virginia Bankshares Corporation, Arlington, Virginia, notification of intent to engage in a de novo activity (acting as advisor to as yet unorganized real estate investment trusts in Arlington, Virginia) through a subsidiary to be known as First Advisors, Inc., Arlington, Virginia. 8-19-71 8-17-71 H.2 1971 No. 34 -8Received (continued) 6 BTNB Corporation, Birmingham, Alabama, for prior approval to acquire 100 per cent of the voting shares of Cobbs, Allen & Hall Mortgage Company, Inc., Birmingham, Alabama. 7 First Chicago Corporation, Chicago, Illinois, for prior approval to acquire 100 per cent of the voting shares of I. J. Markin & Co., Chicago, Illinois. 7 First Wisconsin Bankshares Corporation, Milwaukee, Wisconsin, notification of intent to engage in a de novo activity (making or acquiring for itself or the account of others loans secured by mortgages on residential or commercial real estate and other extensions of credit secured by mortgages or other liens on real estate, and engaging in other incidental activities as are necessary to carry on the foregoing) through a subsidiary known as First Wisconsin Mortgage Company, Milwaukee, Wisconsin. 7 SJV Corporation, Elkhart, Indiana, notification 8- 9-71 of intent to continue to engage in a de novo activity (providing bookkeeping or data processing services for the internal operations of the holding company and its subsidiaries, and storing and processing other banking, financial, or related economic data, including performing payroll, accounts receivable, accounts payable, general ledger bookkeeping, billing, and related services) through a subsidiary known as SJV Data Services, Inc., Elkhart, Indiana. 10 12 United Banks of Colorado, Inc., Denver, Colorado, notification of intent to engage in a de novo activity (providing data processing services for the holding company and its subsidiaries, and others to the extent permitted by law). Crocker National Corporation, San Francisco, California, for prior approval to acquire 100 per cent of the voting shares of Ralph C. Sutro Co., Los Angeles, California. 8-16-71 8-16-71 H.2 1971 No. 34 -9Permitted** The Manchester Corporation, Manchester, New Hampshire, to engage in a de novo activity (making or acquiring, for its own account or for the account of others, loans and other extensions of credit, and issuing commitments therefore, and servicing loans and other extensions of credit for any person). 8-15-71 NCNB Corporation, Charlotte, North Carolina, to engage in a die novo activity (acting as investment advisor) through a subsidiary to be known as Bullock-NCNB Company in New York, New York, and Charlotte, North Carolina. 8-20-71 First National Holding Corporation, Atlanta, Georgia, to engage in a de novo activity (making of loans secured by record mortgages) through a subsidiary to be known as Home Owners, Inc., Atlanta, Georgia. 8-16-71 * * * * 1 To Expand a Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1956 Permitted** Family Finance Corporation, Wilmington, Delaware, to acquire shares of the following companies: Thrift Fund Canal Incorporated Thrift Fund St. Claude Incorporated Sales Contract Purchased Corporation State Acceptance Corporation Thrift Fund Rampart, Inc. All located in New Orleans, Louisiana. Thrift Fund Ope louses, Incorporated, Opelouses, Louisiana Thrift Fund, Incorporated, Baton Rouge, Louisiana Thrift Fund Hammond, Incorporated, Hammond, Louisiana Thrift Fund La Place, Incorporated, La Place, Louisiana ** Processed by Reserve Bank on behalf of the Board of Governors under delegated authority. 8-14-71 H. 2 1971 No. 34 -10Permitted** (continued) 7 Marcor Inc., Chicago, Illinois, to acquire shares of Putsch's Cafeteria, Inc., Putsch's Plaza Restaurant, Inc., Putsch's Coffee House, Inc., Putsch's Corinth Cafeteria, Inc., Metcalf Sound Cafeteria, Inc., all in Kansas City, Missouri, through a proposed subsidiary, M-W Restaurants, Inc., Chicago, Illinois. 8-14-71 7 Gulf & Western Industries, Inc., New York, New York, to acquire shares of Madison Square Garden Corporation, New York, New York, through a subsidiary known as Gulf & Western Realty Corporation, New York, New York. 8-18-71 ** Processed by Reserve Bank on behalf of the Board of Governors under delegated authority.
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