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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
During the Week Ended December 7, 1968.

Pis trict

1

Date
Current Report Filed Pursuant to Section 13 of the
Securities Exchange Act
Rece ived
Rhode Island Hospital Trust Company, Providence
Rhode Island (November 1968)

12- 2-68

* * * * *

3

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
Northern Central Bank and Trust Company, Williamsport,
Pennsylvania.

10

The Citizens Bank of Abilene, Kansas, Abilene, Kansas.

3

Approved
Northern Central Bank and Trust Company, Williamsport,
Pennsylvania.

8

Peoples Bank of Cuba, Cuba, Missouri.

9

Bradley Bank, Tomahawk, Wisconsin.

12




Gunnison Valley Bank, Gunnison, Utah.
* * * * *

/

H.2
No. 49
To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Rece ived
Security Trust Company of Rochester, Rochester,
New York. Branch (public accommodation office)
at 2213 Ridge Road West, Town of Greece, Monroe
County.
State-Planters Bank of Commerce and Trusts, Richmond,
Virginia. Branch (drive-in window) in the 3500
block West Gary Street, Richmond.
The Exchange Bank and Trust Company, El Dorado, Arkansas,
Branch (temporary) across the street from the main
office.
Approved

*The Dollar Savings and Trust Company, Youngstown,
Ohio . Branch at 401 Southern Park Mall Market
Street Ext., Boardman Township, Mahoning County.
*The Union Commerce Bank, Cleveland, Ohio.
Branch at the southeast corner of Lorain and
Stearns Roads, North Olmsted, Cuyahoga County.
*Union Bank and Trust Company, Kokomo, Indiana.
Branch at the corner of Dixon Road and Sycamore
Street, Kokomo.
* * * * *

To Establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
First National City Bank, New York, New York.
Branch in Lugano, Switzerland.

?.

Approved
First National City Bank, New York, New York.
Branch in Vaucresson, France.

2

*

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




H.2No. 49

-3Approved (cont'd)
First National City Bank, New York, New York.
Branch in Nice, France.
First National City Bank, New York, New York.
Branch in the La Playa section of Medellin, Colombia.
* * * * *

2

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
National Bank of North America, Jamaica, New York.
To organize a corporation, under Section 25(a)
of the Federal Reserve Act, to be known as North
America International Corporation, New York, New York.
* * * * *

2

CORRECTION
To Merge Pursuant to Section 18(c) of
the Federal Deposit Insurance Act
Approved
Chemical Bank New York Trust Company, New York,
New York, for prior approval to merge with Chemical
Bank, New York, New York, under the charter and
title of Chemical Bank.
* * * * *

6

7




To Expand a Bank Holding Company Pursuant to
Section 3(a)(3) of the Bank Holding Company
Act of 1956
Approved
United Bancshares of Florida, Inc., Coral Gables,
Florida, for prior approval to acquire at least
66-2/3 per cent of the voting shares of United
National Bank of Dade land, Miami, Florida, a
proposed new bank.
The Marine Corporation, Milwaukee, Wisconsin,
for prior approval to acquire 80 per cent or
more of the voting shares of Meinhardt Bank,
Burlington, Wisconsin.

H.2
Ne. 49

6




-4-

Withdrawn
Bancstoek Corporation of America, Riviera Beach,
Florida, in a letter to the Board, requested
withdrawal of its application to acquire 11,337
(51.53 per cent) of the voting shares of First
Commercial Bank of Live Oak, Live Oak, Florida.
* * * * *