Full text of H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received : December 31, 1966

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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

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A p p l i c a t i o n s R e c e i v e d , o r A c t e d c n , by t h e Board
D u r i n g t h e Week Ended December 3 1 , 1966,
H. 2
No. 53
District

12

Da t e
R e g i s t r a t i o n Statement Filed Pursuant to
S e c t i o n 1 2 ( g ) of t h e S e c u r i t i e s Exchange A c t
Received
C o u n t y Bank of S a n t a C r u z , S a n t a C r u z , C a l i f o r n i a .

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12

5

6
12

To E s t a b l i s h a D o m e s t i c B r a n c h 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 R e s e r v e Act
Received
Nevada Bank of Commerce, R e n o , N e v a d a . Branch a t
Las Vegas B o u l e v a r d S o u t h a n d C h a r l e s t o n B o u l e v a r d ,
Las V e g a s , C l a r k C o u n t y .
Approv e d
The Bank of S a l e m , S a l e m , V i r g i n i a .
Branch on
Lee Highway, U. S . R o u t e 1 1 , i n t h e L e e - H i
Shopping C e n t e r , Salem.
D o t h a n Bank & T r u s t Company, D o t h a n , A l a b a m a .
a t 814 S o u t h G a t e s S t r e e t , D o t h a n .

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Branch

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Nevada Bank of Commerce, R e n o , N e v a d a . Branch a t
Las Vegas B o u l e v a r d S o u t h a n d C h a r l e s t o n B o u l e v a r d ,
Las V e g a s , C l a r k C o u n t y .

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10

To C a r r y Reduced R e s e r v e s P u r s u a n t t o
S e c t i o n 19 of t h e F e d e r a l R e s e r v e A c t
Received
P a c k e r s N a t i o n a l Bank, Omaha, N e b r a s k a
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To O r g a n i z e , o r I n v e s t i n , a C o r p o r a t i o n Doing F o r e i g n
B a n k i n g and O t h e r F o r e i g n F i n a n c i n g P u r s u a n t t o S e c t i o n 25
o r 2 5 ( a ) of t h e F e d e r a l R e s e r v e A c t .
F i n a l Permit Issued
P h i l a d e l p h i a I n t e r n a t i o n a l Bank, New Y o r k , New Y o r k .




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H.2
No. 53

5

-2To Merge P u r s u a n t t o S e 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
Approved
The Bank of V i r g i n i a , Richmond, V i r g i n i a , f o r p r i o r
a p p r o v a l t o merge w i t h The Bank of L a C r o s s e ,
L a C r o s s e , V i r g i n i a , u n d e r t h e c h a r t e r a n d t i t l e of
The Bank of V i r g i n i a .

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6

To Form a Bank H o l d i n g 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 H o l d i n g Company
A c t o f 1956
Withdrawn
W h i t n e y H o l d i n g C o r p o r a t i o n , New O r l e a n s , L o u i s i a n a —
On May 3 , 1962, a p p r o v a l was g r a n t e d t o a n a p p l i c a t i o n f i l e d by W h i t n e y H o l d i n g C o r p o r a t i o n , New O r l e a n s ,
L o u i s i a n a , f o r p e r m i s s i o n t o become a b a n k h o l d i n g com- *
pany.
By o r d e r of December 3 0 , 1966, i n r e s p o n s e t o a
r e q u e s t by A p p l i c a n t t h a t i t s a p p l i c a t i o n be w i t h d r a w n ,
t h e a p p l i c a t i o n was o r d e r e d w i t h d r a w n and t h e B o a r d ' s
May 3 , 1 9 6 2 , a p p r o v a l o r d e r v a c a t e d , t h e r e b y t e r m i n a t i n g
t h e m a t t e r of t h e W h i t n e y H o l d i n g C o r p o r a t i o n a p p l i c a t i o n .

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8

To Expand a Bank H o l d i n g Company P u r s u a n t
t o S e c t i o n 3 ( a ) ( 2 ) of t h e Bank H o l d i n g Company
A c t of 1 9 5 6 .
Approved
C o m m e r c i a l B a n c o r p , 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 t h e a c q u i s i t i o n of a minimum of 80 p e r
c e n t of t h e o u t s t a n d i n g v o t i n g s h a r e s of Bank of
Palm Beach a n d T r u s t Company, Palm B e a c h , F l o r i d a .
Denie d
General Bancshares Corporation, S t . Louis, Missouri,
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
o r 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
in St. Louis, St. Louis, Missouri.




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