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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.