Full text of H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received : August 3, 1974

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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
H.2
1974 No. 31

During the Week Ending August 3, 1974

District

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received
Community Bank and Trust Company of Augusta County,
Verona, Virginia.
* * * * *

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
Manufacturers Hanover Trust Company Mid-Hudson,
Monroe, New York. Branch to be established
in the Grand Union Shopping Center, 232
Main Street, Town of New Paltz, Ulster County.
The Union Commerce Bank, Cleveland, Ohio. Branch
to be established at 14600 Detroit Avenue,
Lakewood, Cuyahoga County.
Approved
-First Trust & Deposit Company, Syracuse, New York.
Branch to be established at 110 Genesee Street,
Auburn, Cayuga County.
-Girard Trust Bank, Bala Cynwyd, Montgomery County,
Pennsylvania. Branch to be established at 101
South West End Boulevard, Quarkertown Borrough,
Bucks County.
*Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.




H.2
1974 No. 31

- 2 Approved Cont1 d
^United Citizens Bank, Winston-Salem, North Carolina.
Branch to be established at 4316 Oldwalkerton Road,
Winston-Salem.
*Union Bank and Trust Company, Montgomery, Alabama.
Branch to be established at the intersection of
U.S. Highway 31 South and U. S. Highway 80 East
in the City of Montgomery.

2

To establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
First National Bank of Boston, Boston, Massachusetts:
a branch in Bolivia to be located in La Paz.
* * * * *

^Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.







To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Received
F.N.B. Corporation, Greenville, Pennsylvania, for approval to acquire 100 per cent (less directors1
qualifying shares) of the voting shares of the successor by merger to First National Bank of Mercer
County, Greenville, Pennsylvania.
UNION BANCORPORATION, INC., Union Grove, Wisconsin,
for approval to acquire 87.75 per cent of the voting
shares of State Bank of Union Grove, Union Grove,
Wisconsin,
Farmers Enterprises, Inc., Albert, Kansas, for approval
to acquire 84.2 per cent of the voting shares of
The Farmers State Bank, Albert, Kansas, Albert, Kansas.
Pieper Bancorp, Inc., Calhan, Colorado, for approval
to acquire 94 per cent of the voting shares of
Farmers State Bank of Calhan, Calhan, Colorado.
Approved
Chittenden Corporation, Burlington, Vermont, for approval to acquire at least 80 per cent of the voting
shares of Chittenden Trust Company, Burlington,
Vermont.
Colonial-American Bankshares Corporation, Roanoke,
Virginia, for approval to acquire 100 per cent of
the voting shares (less directors * qualifying shares)
of the successor by merger to The Colonial-American
National Bank of Roanoke, Roanoke, Virginia.
Intermountain Bankshares Company, Charleston, West
Virginia, for approval to acquire 100 per cent of
the voting shares (less directors1 qualifying shares)
of the successors by merger to Kanawha Banking &
Trust Company, National Association, Charleston, and
Community Bank and Trust, N.A., Fairmont, both located
in West Virginia.
Northwest Florida Banking Corporation, Quincy, Florida,
for approval to acquire 80 per cent or more of the
voting shares of The Quincy State Bank, Quincy,
Florida.




Approved Continued
Meredosia Bancorporation, Inc., Springfield, Illinois,
for approval to acquire 80 per cent or more of the
voting shares of Farmers and Traders State Bank of
Meredosia, Meredosia, Illinois.
Martell Financial Services, Inc., Kartell, Nebraska,
for approval to acquire 99.2 per cent of the voting
shares of The Martell State Bank, Martell, Nebraska.
Delayed
Greater Metro Bank Holding Company, Aurora, Colorado,
for approval to acquire 80 per cent or more of the
voting shares of Aurora National Bank, Aurora,
Colorado.
* * * * *

To Expand a Bank Holding Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Received
First Banc Group of Ohio, Inc., Columbus, Ohio, for
approval to acquire 100 per cent (less directorsT
qualifying shares) of the voting shares of the
successor by merger to First National Bank of Toledo,
Toledo, Ohio.
Approved
City National Bank Corporation, Miami, Florida, for
approval to acquire 100 per cent of the voting shares
(less directors1 qualifying shares) of City National
Bank of South Dade, Dade County, Florida, a proposed
new bank.
Landmark Banking Corporation of Florida, Fort Lauderdale,
Florida, for approval to acquire 80 per cent or more
of the voting shares of First National Bank of Seminole
(P.O. Seminole), Pinellas County, Florida.
Landmark Banking Corporation of Florida, Fort Lauderdale,
Florida, for approval to acquire 80 per cent or more
of the voting shares of Landmark National Bank of
Tarpon Springs, Tarpon Springs, Florida, a proposed
new bank.

H. 2
1974 No. 31
6

„ 5 .
Approved Continued
Southern Bancorporation, Birmingham, Alabama, for approval to acquire 80 per cent or more of the voting
shares of the successor by merger to Citizens Bank
and Trust Company, Selma, Alabama.

11

First City Bancorporation of Texas, Inc., Houston,
Texas, for approval to acquire 762.40 shares of the
voting shares of Citizens State Bank, Sealy, Texas,
pursuant to a rights offering.

11

First United Bancorporation, Inc., Fort Worth, Texas,
for approval to acquire 100 per cent of the voting
shares (less directors1 qualifying shares) of Citizens
National Bank of Temple, Temple, Texas, a proposed
new bank.

12

Independent Bankshares Corporation, San Rafael, California, for approval to acquire 100 per cent of the
voting shares (less directors1 qualifying shares)
of the successor by merger to Bank of Lake County,
Lakeport, California.
* * * * *

5




To Expand a Bank Holding Company Pursuant to Section
3(a)(5) of the Bank Holding Company Act of 1956
Received
Central National Corporation, Richmond, Virginia, for
approval to acquire the assets of Northern Virginia
Bankshares Incorporated, Bailey!s Crossroads, Virginia,
and thereby to acquire 100 per cent of the shares of
Hamilton Bank and Trust Company, Bailey's Crossroads,
Virginia; First Manassas Bank and Trust Company,
Manassas, Virginia; and The Bank of Arlington, Arlington, Virginia.

H. 2
1974 No. 31

2

-6 To Expand a Bank Holding Company Pursuant to Section
4(c)(8) of the Bank Holding Company Act of 1956
Received
**Fidelity Union Bancorporation, Newark, New Jersey,
notification of intent to engage in d_e novo activities
(making loans in the present maximum amount of $3,500
or less under the provisions of the Pennsylvania Consumer Discount Company Act; and making available to
customers credit life insurance and disability insurance covering the unpaid balances of loans outstanding, and other insurance to protect collateral
during the period of credit extensions) in Scranton,
Pennsylvania, through a subsidiary of its subsidiary,
Suburban Finance Company, known as Sentry Consumer
Discount Corporation.

7-25-74

2

**Fidelity Union Bancorporation, Newark, New Jersey,
notification of intent to engage in de novo activities
(making loans in the present maximum amount of $1,000
or less under the provisions of the New Jersey Small
Loan Law and making loans secured by second mortgages
on residential real estate (up to 4-family occupancy)
owned by the borrowers under the New Jersey Secondary
Mortgage Loan Act; and making available to the customers credit life insurance and disability insurance
covering the unpaid balance of loans outstanding) in
Ocean County, New Jersey, through its subsidiary,
Suburban Finance Company.

7-25-74

2

^Manufacturers Hanover Corporation, New York, New York,
notification of intent to engage in de novo activities
(leasing real property on a full payout basis or acting as agent, broker, or adviser in leasing such property; making or acquiring, for its own account or for
the account of others, loans and other extensions of
credit with respect to real property; and servicing
such loans or other extensions of credit) in Hato Rey,
Puerto Rico, through a subsidiary, Manufacturers Hanover Leasing Corporation.

6-17-74

3

National Central Financial Corporation, Lancaster,
Pennsylvania, for approval to acquire 100 per cent
of the outstanding shares of Princeton Life Insurance
Company, Camp Hill, Pennsylvania.

4

F.N.B. Corporation, Greenville, Pennsylvania, for approval
to acquire 100 per cent of the shares of Citizens Budget
Company-Youngstown, Youngstown, Ohio and thirteen
subsidiaries,

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.



H.2
1974 No. 31
5

7 Received Continued
Central National Corporation, Richmond, Virginia, for
approval to acquire 100 per cent of the shares of
Bankers Mortgage Corporation, Falls Church, Virginia,
a wholly-owned subsidiary of Northern Virginia Bankshares Incorporated, Baileyfs Crossroads, Virginia.

6

**First Alabama Bancshares, Inc., Montgomery, Alabama,
notification of intent to engage in de novo activities (acting as investment or financial advisor
to the extent of (a) serving as investment adviser,
as defined in Section 2(a)(20) of the Investment
Company Act of 1940, to an investment company registered under that Act; (b) providing portfolio investment advice to any other person; (c) furnishing
general economic information and advice, general
economic statistical forecasting services and industry studies; and (d) providing financial advice
to State and local governments, such as with respect
to the issuance of their securities) in Birmingham
and Montgomery, Alabama, through a subsidiary, First
Alabama Investment Counselors, Inc.

7-29-74

6

**Third National Corporation, Nashville, Tennessee, notification of intent to engage in de novo activities
(conducting the business of a mortgage company, including the making or acquiring, for its own account
or for the account of others, loans and other extensions of credit for any person; and acting as agent
or broker in the sale of mortgage redemption insurance,
credit life-accident and health insurance) in Myrtle
Beach, South Carolina, through a subsidiary, John W,
Murphree Company.

7-25-74

8

First Tennessee National Corporation, Memphis, Tennessee,
for approval to engage in certain insurance agency
activities through a subsidiary, Tower Loan Company.

8

Union Planters Corporation, Memphis, Tennessee, for
approval to acquire 100 per cent of the voting shares
of Planters Life Insurance Company, Phoenix, Arizona,
a proposed new company.

10

Farmers Enterprises, Inc., Albert, Kansas, for approval
to continue to engage as a full service general insurance agency in Albert, Kansas.

10

Pieper Bancorp, Inc., Calhan, Colorado, for approval
to acquire the assets of Pieper & Fosha Insurance
Agency, Calhan9 Colorado.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.



H.2
1974 No. 31
10

- 8 Received Continued
**Guaranty Loan and Investment Corporation of Tulsa, Inc.,
7-29-74
Tulsa, Oklahoma, notification of intent to acquire
the common capital stock of Western Trust & Savings
Company, Tulsa, Oklahoma, and thereby to engage in
de novo activities (industrial banking, including
the issuance of thrift certificates and the extension
of credit secured by first and second real estate
mortgages and durable consumer goods) in Tulsa, Oklahoma.

11

**Texas American Bancshares, Inc., Fort Worth, Texas, notIfication of intent to engage in de novo activities
(investment/financial advisory services) through a
wholly-owned subsidiary to be known as Texas American
Investment Services, Inc., Fort Worth, Texas.

12

Levy Bancorp, Oxnard, California, for approval to retain
the assets of Thielscher Mortgage and Investment
Corporation, Oxnard, California.

10

6

6

11

Correction:
**0n H.2 No. 30 (1974),the Board reported as received a
notification of intent from Fourth Finance Corporation,
Wichita, Kansas, to engage in a de novo activity (the
sale and underwriting of joint credit life insurance
policies) in Wichita, Kansas, through a subsidiary,
Fourth Financial Insurance Company, Phoenix, Arizona.
The name should have been reported as Fourth Financial
Corporation.
Approved
First National Holding Corp., Atlanta, Georgia, for
approval to acquire all of the voting shares of
Merit Finance Corporation, Mobile, Alabama, through
its wholly-owned subsidiary, Dixie Finance Co., Inc.,
Atlanta, Georgia.
First Railroad and Banking Company of Georgia, Augusta,
Georgias for approval to acquire all of the voting
shares of CMC Group, Inc., Charlotte, North Carolina.
Galbank, Inc., and United States National Bancshares,
Inc,, both of Galveston, Texas, for approval to acquire
the voting shares of Bankers Data Services, Inc.,
Houston, Texas.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




7-16-74

7-22-74

2

Delayed
**Citicorp, New York, New York, notification of intent
8to engage in de novo activities (operating as a
thrift company, Morris Plan, issuing thrift certificates and thrift passbook certificates, consumer
personal lending, the purchase of consumer installment sales finance contracts, consumer home equity
lending secured by real estate; making loans for the
account of others such as one to four family unit
mortgage loans, pre-authorized consumer revolving
credit by use of credit cards or other means, the
sale of money orders and travelers1 checks, consumer
financial planning and counseling; and acting as broker
for the sale of consumer credit related life insurance,
accident and health insurance, and consumer credit related property and casualty insurance on purchased consumer installment sales finance contracts; said insurance will only be offered when such transactions are the
equivalent of direct extensions of consumer credit by
the subsidiaries; if this proposal is effected, the
subsidiaries will offer to sell insurance as follows:
(a) group credit life and accident and health or individual decreasing or level in the case of single
payment loans; term life insurance to cover the outstanding balances of consumer credit transactions,
singly or jointly with their spouses or co-signers in
the case of life coverage, in the event of death, or,
to make the contractual monthly payments on the consumer credit transactions in the event of the obligator Ts disability to the extent permissible under
applicable State insurance laws and regulations; in
addition, life insurance equal to the difference between the maturity value of a deposit plan or periodic
deposits over a specified term and the balance in the
account at the time of the depositor's death; (b) individual casualty insurance on personal property,
subject to security agreements and to include liability
coverage in home or automobile owner "package" policies
where such is the general practice; and (c) other coverages as a convenience to customers, but gross commissions
on such sales will not exceed 5 per cent of Citicorp's
gross commission on credit and other financial service
related insurance sales; in this regard, the subsidiaries
will not act as a general insurance agency) in Murray,
Utah, through its subsidiary, Nationwide Financial
Services Corporation.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




H.2
1974 No. 31
2

-10Delayed Continued
**Citicorp, New York, New York, notification of intent
7-15-74
to engage in de novo activities (making consumer installment personal loans, purchasing consumer installment sales finance contracts, and acting as broker for
the sale of consumer credit related life-accident and
health insurance and consumer credit related property
and casualty insurance; if this proposal is effected,
Nationwide Financial Corporation of Florida will offer
to sell insurance as follows: (a) group credit lifeaccident and health insurance to cover the outstanding
balances of loans to borrowers in the event of their
death, or, to make the contractual monthly payments on
the loans in the event of the borrower!s disability;
(b) individual casualty insurance on property, generally
automobiles and household goods, subject to security
agreements with Nationwide; further, in regard to the
sale of credit related insurance, Nationwide Financial
Corporation of Florida will not offer insurance counseling) in Tallahassee, Florida, through its subsidiary,
Nationwide Financial Services Corporation of Florida.

6

**First Alabama Bancshares, Inc., Montgomery, Alabama,
8- 2-74
notification of intent to engage in de novo activities
(acting as investment or financial advisor to the extent of (a) serving as investment advisor, as defined
in Section 2(a)(20) of the Investment Company Act of
1940, to an investment company registered under that
Act; (b) providing portfolio investment advice to any
other person; (c) furnishing general economic information and advice, general economic statistical forecasting services and industry studies; and (d) providing financial advice to State and local governments,
such as with respect to the issuance of their securities)
in Birmingham and Montgomery, Alabama, through a subsidiary, First Alabama Investment Counselors, Inc.

6

**Southeast Banking Corporation, Miami, Florida, notification of intent to engage in de novo activities (an
insurance agency with respect to credit life and credit
accident and health insurance directly related to an
extension of credit) through a subsidiary, Southeast
Consumer Finance, Inc., Miami, Florida.

**4 (c)(8) and 4(c) (12.) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




8- 2-74

H. 2
1974 No. 31
2

-11Permitted
**Charter New York Corporation, New York, New York, notification of intent to engage in die novo activities
(leasing real property, on a full payout basis, and
acting as agent, broker, or adviser in connection
with such leases; making or acquiring, for its own
account or for the account of others, loans or other
extensions of credit with respect to real property;
and servicing such loans or other extensions of credit
and activities incidental thereto) in Rochester and
New York, New York, through its subsidiary, Charter
New York Leasing Corporation.

8- 3-74

2

7-31-74
**The Chase Manhattan Corporation, New York, New York,
notification of intent to engage in dje novo activities
(leasing real property, or acting as agent, broker, or
adviser in connection with the leasing of real property,
all such leases to be on a full payout basis; acting as
an equipment leasing and financing corporation, and
as agent, broker, or adviser in connection with the
leasing or financing of personal property, all such
leases to be on a full payout basis; and making or
acquiring, for its own account or for the account of
others, loans and other extensions of credit, whether
secured or unsecured) in New York, New York, through
a subsidiary to be known as Chase Manhattan Realty
Leasing Corporation.

2

**Citicorp, New York, New York, notification of intent
8- 3-74
to relocate d<a novo activities (making consumer installment personal loans, purchasing consumer installment sales finance contracts, and acting as broker for
the sale of consumer credit related life-accident and
health insurance and consumer credit related property
and casualty insurance; if this proposal is effected,
Nationwide Financial Corporation of Missouri will offer
to sell insurance as follows: (a) group credit lifeaccident and health insurance to cover the outstanding
balances of loans to borrowers in the event of the
borrowers1 disability; (b) individual casualty insurance
on property, generally automobiles and household goods,
subject to security agreements with Nationwide; further,
in regard to the sale of credit related insurance,
Nationwide Financial Corporation of Missouri will not
offer insurance counseling) from 5517 South Lindbergh
Boulevard to 138 South County Center Way, St. Louis,
Missouri, through its subsidiary, Nationwide Financial
Corporation of Missouri.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.



H.2
1974 No. 31
2

-12Permltted Continued
**Citicorp, New York, New York, notification of intent
7-27-74
to engage in cle novo activities (making consumer installment personal loans, purchasing consumer installment sales finance contracts, and acting as broker for
the sale of consumer credit related life-accident and
health insurance and consumer credit related property
and casualty insurance; if this proposal is effected,
Nationwide Financial Corporation of Florida will offer
to sell insurance as follows: (a) group credit lifeaccident and health insurance to cover the outstanding
balances of loans to borrowers in the event of their
death, or, to make the contractual monthly payments
on the loans in the event of the borrowers! disability;
(b) individual casualty insurance on property, generally
automobiles and household goods, subject to security
agreements with Nationwide; further, in regard to the
sale of credit related insurance, Nationwide Financial
Corporation of Florida will not offer insurance counseling) in Tallahassee, Florida, through its subsidiary,
Nationwide Financial Services Corporation of Florida.

2

**First Commercial Banks Inc., Albany, New York, notification of intent to engage in de novo activities
(leasing personal property and equipment, or acting
as agent, broker, or adviser in leasing of such property, where at the inception of the initial lease the
expectation is that the effect of the transaction and
reasonably anticipated future transactions with the
same lessee as to the same property will be to compensate the lessor for not less than the lessor's full
investment in the property) in Waltham, Massachusetts,
through a subsidiary of FCB Leasing Ltd. known as FCB
Air Lease Ltd.

2

^^Manufacturers Hanover Corporation, New York, New York,
7-31-74
notification of intent to engage in de novo activities
(leasing real property on a full payout basis, or acting as agent, broker, or adviser in leasing such property; making or acquiring, for its own account or for
the account of others, loans and other extensions of
credit with respect to real property; and servicing
such loans or other extensions of credit) in Des Plaines,
Illinois; Los Angeles, California; Houston, Texas; and
New York, New York; through a subsidiary, Manufacturers
Hanover Leasing Corporation.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.



8- 3-74

H.2
1974 No. 31
2

- 13
Permitted Continued
**Marine Midland Banks, Inc., Buffalo, New York, notification of intent to relocate <le novo activities (providing escrow services in connection with real estate
loans made, acquired, or serviced, for its own account
or for the account of others) from San Bernadino to
Irvine, California, through Ideal Escrow Services,
a subsidiary of its subsidiary, American Dimensions,
Inc.

7-31-74

4

**Pittsburgh National Corporation, Pittsburgh, Pennsylvania, notification of intent to relocate a de novo
activity (mortgage banking, including the making and
selling of mortgages, for its own account and for the
account of others) from Bentonville, Arkansas, to
Bella Vista, Arkansas; and from Tarzana, California,
to Newhall, California; through its wholly-owned
subsidiary, The Kissell Company, Springfield, Ohio.

8- 2-74

6

**CB&T Bancshares, Inc., Columbus, Georgia, notification
of intent 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 such
as would be made by a second mortgage company)
through a subsidiary, CB&T Homeowners, Inc., Macon,
Georgia.

8- 2-74

8

**Mercantile Bancorporation Inc., St. Louis, Missouri,
8- 3-74
notification of intent to relocate de novo activities
(making, acquiring, or servicing loans or other extensions of credit for personal, family, or household purposes, such as are made by a finance company;
and acting as insurance agent or broker in connection
with selling to consumer finance borrowers credit life
insurance, credit accident and health insurance, and
property damage insurance for collateral securing loans
made to borrowers) from 202 East Cass Street, Tampa,
Florida, to 4207 West Kennedy Boulevard, Tampa, Florida,
through a subsidiary, Franklin Finance Company.
**Security Pacific Corporation, Los Angeles, California,
notification of intent to engage in cle novo activities
(leasing personal property and equipment, and acting
as agent, broker, or adviser in the leasing of such
property and the construction financing of any such

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




7-29-74

#
H.2
1974 No. 31

#
- 14 Permitted Continued
property to be leased where at the inception of the
initial lease, the expectation is that the effect of
the transaction and reasonably anticipated future
transactions with the same lessee as to the same
property will be to compensate the lessor for not
less than the lessor1s full investment in the property) at One Hundred Oceangate, Long Beach, California*
through its subsidiary, Security Pacific Leasing Corporation.

2

7

Reactivated
**Citicorp, New York, New York, notification of intent
to engage in de novo activities (making consumer
installment personal loans, purchasing consumer installment sales finance contracts, and acting as
broker for the sale of consumer credit related lifeaccident and health insurance, and consumer credit
related property and casualty insurance; if this proposal is effected, Nationwide Financial Corporation
of Florida will offer to sell insurance as follows:
(a) group credit life-accident and health insurance
to cover the outstanding balances of loans to borrowers in the event of their death, or, to make the contractual monthly payments on the loans in the event
of the borrowersf disability; (b) individual casualty
insurance on property, generally automobiles and
household goods, subject to security agreements with
Nationwide; further, in regard to the sale of credit
related insurance, Nationwide Financial Corporation
of Florida will not offer insurance counseling) in
Tallahassee, Florida, through its subsidiary, Nationwide Financial Services Corporation of Florida.
**The Indiana National Corporation, Indianapolis, Indiana,
notification of intent to engage in de novo activities
(making or acquiring, for its own account or for the
account of others, direct loans in the form of consumer loans which would be made by companies subject
to regulation under the Uniform Consumer Credit Code
and Wisconsin Consumer Act, business purpose loans
and other extensions of credit in the form of conditional sales contracts, retail installment sales
contracts and loans to mobile home dealers for the
purpose of financing inventory) in Madison, Wisconsin,
through its subsidiary, Citadel Finance, Inc., Indianapolis, Indiana.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.



7-22-74

8- 2-74

H.2
1974 No. 31
11

12

7

12

~ 15 Reactivated Continued
**Bancshares Inc., Houston, Texas, notification of intent to engage in a de novo activity (mortgage
brokering) through a subsidiary to be known as
Texas Mortgage Investors, Inc., Houston, Texas.
**First Bancorporation, Reno, Nevada, notification of
intent to engage in a de novo activity (leasing personal property, or acting as agent, broker, or adviser
in leasing such property) at One North Virginia, Reno,
Nevada, through a subsidiary to be known as The Nevada
National Leasing Company, Inc.

7-30-74

Withdrawn
On H.2 No. 15 (1974), the Board reported receipt of an
application from National Detroit Corporation, Detroit,
Michigan, for approval to acquire 100 per cent of the
outstanding shares of Ralph C. Sutro Co., Los Angeles,
California. In a letter dated July 23, 1974, Applicant
requested that the application be withdrawn.
**Wells Fargo & Company, San Francisco, California,
8- 2-74
notification of intent to engage in
novo activities
(making or acquiring, for its own account or for the
account of others, loans and other extensions of credit
for the purpose of financing various agricultural activities including, but not limited to, cattle feeding
operations) at 110 East Fifth Street, Guymon, Oklahoma,
through a subsidiary, to be known as Wells Fargo Agriculture Finance Corporation.

**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.




8- 2-74