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FILES # VJEEKLY REPORT TO: Board of Governors FROM: Division of Examinations February 27, 1961, SUBJECT: Applications to Merge or to acquire Bank Shares Received during the Week Ended February 2 It, 1961. APPLICATIONS TO MERGE PURSUANT TO SECTION 18(c) OP THE FEDERAL DEPOSIT INSURANCE ACT Gloucester Safe Deposit and Trust Co., Gloucester, Massachusetts Merger & Branches (Cape Ann National Bank, Gloucester) State Bank of Albany, Albany, New York Merger & Branches (Fulton County National Bank & Trust Company, Gloversville) APPLICATIONS TO ACQUIRE BANK SHARES PURSUANT TO SECTION 3(a)(2) OF THE BANK HOLDING COMPANY ACT OF 1956 NONE Distribution: Board Members Secretary's Office Mr. Molony Mr. Fauver Mr. Hackley Mr. Solomon lORilLES , S. Register/