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e ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 1971 No, 27 Applications and Reports Received or Acted on During Week Ending July 3, 1971, District Registration Statement Filed Pursuant to Section 12(%) of the Securities Exchange Act Received Bank of Smithtown, Smithtown, New York, effective 6-29-71 Date 4-30-71 •>v * * * * Current Report Filed Pursuant to Section 13 of the Securities Exchange Ac£ Received The Northern Trust Company, Chicago, Illinois, March 1971 12 Valley Bank of Nevada, Las Vegas, Nevada. June 1971 * * * * 10 * To Become a Member of the Federal Reserve System Pursuant to Section 9 of the Federal Reserve Act Received Platte Valley Bank, Brighton, Colorado. * * * * * 2 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 Kingston Trust Company, Kingston, New York, it z'c * * * 6-28-71 7- 6-71 H.2 No. 27 2 -2To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received County Trust Company, Tenafly, New Jersey. Branch at 409 Nad is on Avenue, New i ilford, Nev1 Jersey. 2 Central Trust Company, Rochester, New York. Branch on the west side of Mitchell Road, approximately 57 feet to 185 feet south southwest of the southwest corner of the intersection of Ridge Road and Mitchell Road, Town of Greece, Monroe County, 3 Girard Trust Bank, Bala Cynwyd, Pennsylvania. Branch at Welsh and Blair Hill Roads, Upper Dublin Township, Montgomery County• 7 Ann Arbor Bank, Ann Arbor, Michigan. Branch at South Street at Waters Road Ann Arbor, Washtenaw County. 1 Approved *The Colonial Bank and Trust Company, Waterbury, Connecticut. Branch at the easterly side of North Colony Road, Wallingford. 2 ^Peoples Trust of New Jersey, Hackensack, New Jersey. Branch (auxiliary office) approximately 250 feet south of the main entrance of the Hackettstown Mall, Mountain Avenue, Hackettstown, New Jersey, as an adjunct to the bank's existing office in the Hackettstown Mall. 7 *State Bank of Croswell, Croswell, Michigan. Branch in the vicinity of US 25 and Second Street, Unincorporated Village of Lalceport, Butchville Township, St. Clair County. Application Withdrawn Endicott Bank of New York, Endicott, New York. Branch at 19 Chenango Street, City of Binghamton, Broome County. 2 -A' * * •?< i: i: Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. To Organize, or ihvest in, A Corporation Doing Foreign Banking and Other Foreign Financing Pursuant to Section 25 or 25(a) of the Federal Reserve Act . . Perliminary Permit Issued The Connecticut Bank and Trust Company, Hartford, Connecticut, to organize a corporation under Section 25(a) to be known as Connecticut Bank International. Wells Fargo Bank, National Association, San Francisco, California, to organize a corporation under Section 25(a) to be known as Wells Fargo Interamerican Bank, Miami, Florida, ic v. * * *• To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956 ; Received CNB Bancorporation, Wilmington, Delaware, for prior approval to acquire American Bank of Commerce, Akron and Central National Bank of Cleveland, both in Ohio, Approved United Bankshares, Inc., Green Bay, Wisconsin, for prior approval to acquire 80 per cent or more of the voting shares of West Bank and Trust, Green Bay, Wisconsin, The Fourth National Corporation, Tulsa, Oklahoma, for prior approval to acquire 100 per cent (less directors1 qualifying shares) of the voting shares of the successor by merger to The Fourth National Bank of Tulsa, Tulsa, Oklahoma, Vc i( "k ic Vc 2 2 4 -4~ To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Received Huntington Bancshares, Inc., Columbus, Ohio for prior approval to acquire the voting shares of The Portage National Bank, Kent, Ohio. 5 Mercantile Bankahares Corporation, Baltimore, Maryland, to acquire the voting shares of Chestertown Bank of Maryland, Chestertown, Maryland. 6 Southeast Banking Corporation, Miami, Florida, for prior approval to acquire the voting shares of Southeast Bank of Dadeland, Dadeland, Miami9 a proposed new bank. 6 Atlantic Bancorporation, Jacksonville, Florida, for prior approval to acquire the voting shares of Westside Atlantic Bank of Orlando, Orlando, Florida, a proposed new bank. 6 First Florida Bancorporation, Tampa, Florida, for prior approval to acquire the voting shares of Marine National Bank of St. Petersburg, St. Petersburg, Florida, a proposed new bank. 6 Southeast Banking Corporation, Miami, Florida, for prior approval to acquire First National Beach Bank, Jacksonville Beach, Florida. 8 Mercantile Bancorporation, Inc., St. Louis, Missouri, for prior approval to acquire Mercantile Bank and Trust Company, Kansas City, Missouri» 10 6 6 Wyoming Bancorporation, Cheyenne, Wyoming, for prior approval to acquire The First National Bank of Lander, Lander, Wyoming, Approved First Financial Corporation, Tampa, Florida, for prior approval to acquire not less than 80 per cent of the voting shares of Inter City National Bank of Bradenton, Bradenton, Florida. First Financial Corporation, Tampa, Florida, for prior approval to acquire not less than 80 per cent of the voting shares of The First National Bank of ICissimmee, Kissimmee, Florida. H. 2 No. 27 -5Approved (cont'd) First Arkansas Bankstock Corporation, Little Rock, Arkansas, for prior approval to acquire 80 per cent or more of the voting shares of The Stephens Security Bank, Stephens, Arkansas. Reactivated On H.2 No. 17, for the week ended April 24, 1971, the Board reported receipt of an application from First & Merchants Corporation, Richmond, Virginia, for prior approval of the acquisition of 100 per cent (less directors' qualifying shares) of the successor by merger to The First National Bank of Danville, Danville, Virginia. This application was placed in Suspense awaiting Applicant's reply to a Department of Justice letter to the Board dated June 11, 1971, Following receipt of Applicant's reply dated June 25, 1971, this application has been reactivated. 1 To Expand A Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1956 Received Family Finance Corporation, Wilmington, Delaware notification of intent to acquire shares of Thift Fund Canal Incorporated, Thrift Fund Rampart Incorporated, Thrift Fund St. Claude Incorporated, Sales Contract Purchased Corporation, State Acceptance Corporation, all of New Orleans, Thrift Fund Opelousa Incorporated, Opelousas, Thrift Fund Incorporated, Baton Rouge, Thrift Fund Hammon Incorporated, Hammond, Thrift Fund La Place Incorporated, La Place, all in Louisiana. 2 The Sperry and Hutchinson Company, New York, New York, notification of intent to acquire shares of DaystromVirtue, Inc., South Boston, Virginia, subsidiary of Schlumberger Limited, 4 The Citizens Financial Corporation, Cleveland, Ohio, notification of intent to acquire shares of Travel Unlimited, Inc., Cleveland, Ohio. 7- 1-71 6-30-71 H*2 No. 27 7 -6Received (cont'd) Marcor Inc., Chicago, Illinois, notification fe-30-7t of intent to acquire shares through subsidiary, M-W Restaurants Inc. , Chicago, Illinois, to acquire: Putsch1s Cafeteria Inc., Putsch's Plaza Restaurant, Inc., Putsch's Coffee House Inc., Putsch's Conenth Cafeteria Inc., MeteaIf South Cafeteria Inc, in Kansas City, Missouri. Denied Family Finance Corporation, Wilmington, Delaware denied request to waive 45 day waiting period to acquire an interest in Westland Investment Company, Inc,, Roswell, New Mexico, 1 Permitted* Marcor Inc., Chicago, Illinois, permitted to to acquire Northwest Asphalt Company, Rainier Asphalt Paving Company, Midwest Asphalt Company, all of Seattle, Washington, 7 11 7- 1-71 6-19-71 ARS, Inc., Houston, Texas, through its subsidiary 6-25-71 Browning-Ferris '(.Industries, Inc. , notification of intent to acquire shares of the following: Community Sanitation SVC Inc., Toledo; S.E. Freeman & Sons Cartage, Inc., Toledo; Kleen-Pak Disposal Ltd., Calgary, Alberta; Hercules Equipment Handling Co., Ltd., Calgary, Alberta; and Giant. Haul Ltd., Calgary, Alberta, * * * Vx- To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Received Manchester Corp., Manchester, New Hampshire of intent to engage in a De novo activity specifically or acquiring, for its own account or for the account of others, loans and other extensions of credit and servicing loans and other extensions of credit for any person. 1 * Vr 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. 7- 1-71 Received (contfd) First National Holding Corporation, Atlanta, Georgia, notification of intent to engage in de novo activity making of loans secured by second mortgage loans in Atlanta. ic * ic * *
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