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£

ANNOUNCEMENT W

^

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
jj,2
1971 No. 28

11

Applications and Reports Received or Acted on
During Week Ending July 10, 1971.
PROXY STATEMENT (SPECIAL MEETING) FILED PURSUANT
TO SECTION 14 (a) OF THE SECURITIES EXCHANGE ACT
Received
Corpus Christ! Bank & Trust, Corpus Christ!, Texas

7-6-71

* * * * *

9

To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Received
Mid America State Bank, Mendota Heights, Minnesota,
* * * * *

1

To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
The Colonial Bank and Trust Company, Waterbury, 'Connecticut.
Branch in the vicinity of Main Street and Memorial
Boulevard, Bristol and in the vicinity of Farmington
Avenue and Stafford Avenue, Bristol.

2

Peoples Trust of New Jersey, Hackensack, New Jersey,
Branch at 3461 State Street, Town of Niskayuana,
Schenectady County.

3

Wilmington Trust Company, Wilmington, Delaware,
Branch office at 1309 New Road, Elsmere, Christiana
Hundred, New Castle County,

7

Capital City State Bank, Des Moines, Iowa,
Branch at 5700 Hickman, Des Moines.

7

Central Bank, Grand Rapids, Michigan,
Branch on White Creek Road (near the
intersection of 17 mile Road (M-57)
And expressway US 131), Solon Township,
Kent County.

7

Mount Clemens Bank, Mt. Clemens, Michigan,
Branch at 64961 Eark Memorian Highway
a/k/a Van Dyke Avenue, M-53,
Washington Township, Macomb County,

7

Bank of Sturgeon Bay, Sturgeon Bay, Wisconsin.
Branch (temporary location) in the unincorporated
village of Fish Creek, boor County, Wisconsin, on
Highway 42 on the present Kinsley lot.




No. 28

-2**
12

United California Bank, Los Angeles, California.
Branch office at southeast corner of
Nordhoff Street and Tampa Avenue, Northridge,
City of Los Angeles*
App/rovdd

2

^Peoples Trust of New Jersey, Hackensack, New Jersey.
Branch in the vicinity of the Brookchester
shopping center, southwest corner of Powell
Drive and River Road, Borough of New Milford, Bergen County,

8

*Bloomfield State Bank, Bloomfield, Indiana,
Branch approximately 13 miles east of Bloomfield
at the junction of Indiana 445 and 45,
* * * * *

Thirty Day Notice of Intention to Establish
An Additional Branch in a Foreign Country
Received
First National City Bank, New York, New York.
Branch in Ireland, located in Cork.

2

* * * * *

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Received
United Mid West Equity, Inc., Detroit, Michigan, for
prior approval to acquire the shares of Liberty
State Bank and Trust Company, Hamtramack, Michigan.

7

11

Alamo Bancshares, Inc., San Antonio, Texas, for prior
approval to acquire the shares of the successor to the merger
>
of the Alamo National Bank of San Antonio, Texas.

12

Mitsubishi Bank Limited, Tokyo, Japan, to aqqdire the voting
shares of the Mitsubishi Bank of California, Los Angeles,
California, a proposed new bank,

12

The Sanwa Bank Limited, Osaka, Japan for prior approval
to acquire the voting shares of The Sanwa Bank of California,
San Francisco, California, a proposed new bank.

*

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




No, 28




-3Suspenee
On H»2 No. 6, for the week ended February 6, 1971, the Board
reported receipt of an application from Central and
State National Corporation of Alabama, Birmingham,
Alabama, for prior approval to become a bank holding
company. This application has been placed in suspense
awaiting receipt of Applicant's reply to a department
of Justice letter to the Board dated June 30, 1971.
* * * * *

8

6

To Form a Bank Holding Company Pursuant to
Section 3(a)(1) of the Bank Holding Company
Act of 1956
Received
First National Charter Corporation, Kansas City, Missouri,
for prior approval to acquire the voting shares of
Citizens Bank of Belton, Belton, Missouri.
Approved
First Bancshares of Florida, Inc., Boca Raton, Florida, for
prior approval to acquire 80 per cent or more of the voting
shares of First National Bank of Palm Beach Gardens, Palm
Beach Gardens, Florida, a proposed new bank.
* * * * *

1
10

To Expand a Bank Holding Company Pursuant
to Section 4(c)(12) of the Bank Holding
Company Act
Received
Family Finance Corporation, Wilmington, Delaware,
7- 9-71
notification of intent to acquire S. H. Mckaughn
DBA Southern Loan Co., Winston-Salem, North Carolina.
Csmatary Services International, Inc., Philadelphia, 7- 9-71
Pennsylvania, notification of intent to acquire
Sunset Memorial Park, Inc», Sterling, Colorado,
and Sunset Memorial Park, Inc., Greeley, Colorado.

H. 2
No. 28

-4-

7

5

Permitted*
Gulf & Western Industries, Inc.. New York, New York,
Notification of intent to acquire thtough
their subsidiary Gulf & Western, Ltd,, proposed
acquisition of Anglo-Dutch Cigar Co., Ltd., United
Kingdom, Matanzas, Ltd,, United Kingdom, AngloDutch Marketing Servicing, Ltd., United Kingdom,
To Expand a Bank Holding Company Pursuant to
Section 4(c)(8) of the Bank Holding Company Act
Received
NCNB Corporation, Charlotte, North Carolina,
notification of intent to engage in de novo
activity through a subsidiary to be known as
Bullock-NCNB Co. (investment advisory activity)
in New York City and Charlotte, North Carolina.

12

U.S. Bancorp., Portland, Oregon, notification of
intent to engage in de novo activity through its
subsidiary known as Bancorp Leasing Inc., (leasing
of personal property and equipment, acting as agent,
broker, or advisor in the leasing of such property
and incidential activity necessary thereto) in
Portland, Oregon.

12

U.S. Bancorp., Portland, Oregon, notification of
intent to engage in de novo activity through
Bancorp Management Advisory, Inc., in activity
(Acting as investment or financial advisor,
including as advisory company for a mortgage
real estate investment trust and furnish economic
or financial information and incidential activities
thereto) in Portland, Oregon.

*




Processed under Section 222.4(d) of Regulation Y following
submission of an irrevocable declaration that the company
making the acquisition will cease to be a bank holding
company by January 1, 1981. Acquisitions proposed under
this section may take place unless the Board notifies the
company to the contrary within 45 days after receipt of the
proposal, or the company is permitted to make the acquisition
at an earlier date.