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I' t t (.'/ -

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports

Received or Acted on

During the Week Ended December 20, 1969,
H.2
No. 51
District

2

Da te
Current Report Filed Pursuant to Section 13
of the Securities Exchange Act
Received
Bank of Jaiv.estown, Jamestown, New York.
(November 1969)
* * * * * *

7

2

To Withdraw frorv* Membership in the Federal Reserve
System Without a Six Month Notice as Prescribed by
Section 9 of the Federal Reserve Act
Received
Iowa State Bank, Algona, Iowa.

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Rece ived
Chen,lea 1 Bank, New York, New York.
Branch at 53-55 bouth Broadway, Yonkers,
Westchester County.

2

The County Trust Company, White Plains, New York.
Branch at 3 Taylor Square, unincorporated village
of Silver Lake, town of Harrison, Westchester
County.

4

The City Bank Corpany, Lorain, Ohio.
Branch at West 21 Street, southeast of the
intersection of West 21 Street and State
Route 5<', Lorain, Lorain County.




12-15-69

H.2
No. 51
-2-

Approved
^Harvard Trust Company, Cambridge, Massachusetts*
Branch at 1.761-1765 Massachusetts Avenue, Lexington*

1

3

*Bank of Delaware, WiIn,in;;ton, Delaware.
Branch at the Fairfield Shopping Center, northwest
quadrant of New London Road and Country Club Drive,
Newark, New Castle County.

12

^United California Bank, Los Angeles, California.
Branch at the southeast corner of Marshall Street
and Jefferson Avenue, Redwood City.

12

**United California Bank, Los Angeles, California.
Branch in the vicinity of Girard Avenue and Torrey
Pines Road, Community of La Jolla, San Diego County.
* * * * *

To Carry Reduced Reserves Pursuant to
Section 19 of the Federal Reserve Act
Received
Security National Bank, Huntington, New York.

2

* * * * *

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
The First National Bank of Chicago, Chicago,
Illinois. Branch in Dublin, Republic of Ireland.

7

Approved
First National Bank of Minneapolis, Minneapolis,
Minnesota. Branch in Nassau, Bahamas.

9

*

*

* * * *

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

** Application processed by the Acting Director of the Division of Supervision
and Regulation on behalf of the Board of Governors under delegated authority.



H.2
No. 51

12

• 3~
Thirty Day Notice of Intention to Establish An
Additional Branch in a Foreign Country
Received
Bank of America National Trust and Savings Association,
San Francisco, California. Branch in Greece, to be
located in the city of Salonica.
•k

4

5

"k

-k

-k

"k

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
.
Received
Mid-Ohio Banc-Shares, Inc., Mansfield, Ohio,
for prior approval to become a bank holding company
through the acquisition of all of the voting shares
(less directors 1
qualifying shares) of The Sutton
State Bank, Attica, Ohio.
Suspense
On H,2 No. 40, for the week ended October 4, 1969, the
Board reported receipt of an application from Mercantile
Bankshares Corporation, Baltimore, Maryland, for prior
approval to become a bank holding company. This application is now in suspense awaiting necessary State action
and filing of corollary applications with the Board.
* Ye * * *

6




To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Received
Barnett Banks of Florida, Inc., Jacksonville,
Florida, for prior approval to acquire 80 per
cent or more of the the voting shares of Tropical
Bank & Trust Company, Sebrinf;, Florida.




-4Suspense
On H.2 No. 37, for the week ended September 13, 1969,
the Board reported receipt of an application from
Dominion Bankshares Corporation, Roanoke, Virginia,
for prior approval to acquire more than 80 per cent
of the voting shares of Cumberland Bank & Trust Company, Grundy, Virginia. This application is now in
suspense awaiting receipt of Applicant's reply to a
Department of Justice letter to the Board dated
November 26, 1969.
Reactivated
On H.2 No, 41, for the week ended October 11, 1969, the
Board reported receipt of an application from Security
New York State Corporation, Rochester, New York, for
prior approval to acquire 100 per cent of the voting
shares of The Bank of Le Roy, Le Roy, New York. On
November 15, 1969, this application was placed in
suspense awaiting receipt of supplemental material
from Applicant. Following the Board's receipt of the
requested information on December 15, 1969, the application has been reactivated.
On H.2 No. 41, for the week ended October 11, 1969, the
Board reported receipt of an application from Security
New York State Corporation, Rochester, New York, for
prior approval to acquire 100 per cent of the voting
shares of The Citizens Bank, Attica, New York. On
November 15, 1969, this application was placed in
suspense awaiting receipt of supplemental material
from Applicant. Following the Board's receipt of
the requested information on December 15, 1969, the
application has been reactivated.
* * * * *

I