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ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM II.2 A p p l i c a t i o n s and R e p o r t s Received or Acted on 1970 - N o . 24 During t h e Week Ended June 13, 1970 District 6 Date C u r r e n t Report F i l e d P u r s u a n t t o S e c t i o n 13 of t h e S e c u r i t i e s Exchange Act Received The Bank of New O r l e a n s and T r u s t Company, New Orleanss Louisiana. (May 1970) 7 Bank of t h e Commonwealth, D e t r o i t , Michigan. (May 1970) * * * * 6-12-70 6-10-70 * To Become a Member of t h e F e d e r a l Reserve System P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l Reserve Act Received Gulf Gate Palmer Bank, S a r a s o t a , F l o r i d a . * * * * * To E s t a b l i s h a Domestic Branch P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l Reserve Act Received Harvard T r u s t Company, Cambridge, M a s s a c h u s e t t s . Branch a t 256 M a i n S t r e e t , A c t o n . Long I s l a n d T r u s t Company, Garden C i t y , New York, Branch a t 555 Broadhollow Road (Route 1 1 0 ) , M e l v i l l e , S u f f o l k County. S e c u r i t y T r u s t Company of R o c h e s t e r , R o c h e s t e r , New York. Branch a t 504 T h u r s t o n Road, R o c h e s t e r . I H.2 No. 24 5 - 2 - Received ( C o n t ' d ) Merchants and Farmers Bank, P o r t s m o u t h , V i r g i n i a . Branches a t t h e f o l l o w i n g l o c a t i o n s : A. In t h e T r i a n g l e Shopping C e n t e r , George Washington Highway and V i c t o r y B o u l e v a r d , P o r t s m o u t h ; and B. At 1155 North George Washington Highway, Chesapeake. 7 Bankers T r u s t Company, Des Moines, Iowa. Branch ( d r i v e - i n , walk-up t e l l e r f s f a c i l i t y ) a t t h e n o r t h e a s t c o r n e r of 6 t h and Grand, Des Moines. 7 The P e o p l e s S t a t e Bank of H o l l a n d , H o l l a n d , Michigan. Branch i n t h e v i c i n i t y of t h e i n t e r s e c t i o n of 120th Avenue (Waverly Road) and Michigan Highway M-21, C i t y of H o l l a n d , Ottawa County. 7 The Roscommon S t a t e Bank, Roscommon, Michigan. Branch a t 6249 West H i g g i n s Lake D r i v e , V i l l a g e of H i g g i n s Lake ( u n i n c o r p o r a t e d ) , Lyon Township, Roscommon County. 7 T r a v e r s e C i t y S t a t e Bank, T r a v e r s e C i t y , Michigan. Branches a t t h e f o l l o w i n g l o c a t i o n s : A. At 205 North Union S t r e e t , C i t y of T r a v e r s e C i t y , Grand T r a v e r s e County; 12 2 2 * B. At 1201 South D i v i s i o n S t r e e t , C i t y of T r a v e r s e C i t y , Grand T r a v e r s e County; and C. At 2180 Munson Avenue, C i t y of T r a v e r s e C i t y 9 Grand T r a v e r s e County. F i r s t I n d e p e n d e n t Bank, Vancouver, Washington. Branch a t t h e i n t e r s e c t i o n of 179th S t r e e t and I n t e r s t a t e Highway 5 , u n i n c o r p o r a t e d a r e a of C l a r k County. Approved ^ C e n t r a l T r u s t Company R o c h e s t e r N. Y , , R o c h e s t e r , New York, Branch a t 36 Main S t r e e t West, R o c h e s t e r . *Chemical Bank, New York, New York. Branch at t h e i n t e r s e c t i o n of Second Avenue and E a s t 23rd S t r e e t , New York, A p p l i c a t i o n approved by Reserve Bank on b e h a l f of t h e Board of Governors u n d e r d e l e g a t e d a u t h o r i t y . H. 2 No. 24 Approved ( C o n t ' d ) ^Marine Midland T r u s t Company of Western New York, B u f f a l o , New York. Branch i n t h e immediate n e i g h b o r hood of French and Union Roads 5 Cheektowaga. *Bankers T r u s t Company, Des Moines, Iowa. Branch ( d r i v e - i n , w a l k - u p t e l l e r 1 s f a c i l i t y ) a t t h e n o r t h e a s t c o r n e r of 6th and Grand, Des Moines, 12 *Union Bank, Los A n g e l e s , C a l i f o r n i a . Branch i n t h e v i c i n i t y of San Fernando S t r e e t between Vine and Market S t r e e t s , C i t y of San J o s e , S a n t a C l a r a County. Denied by S t a t e Union T r u s t Company of E l l s w o r t h , E l l s w o r t h , Maine. Branch i n J o n e s p o r t . * * * * * To E s t a b l i s h an O v erse a s Branch of a Member Bank P u r s u a n t t o S e c t i o n 25 of t h e F e d e r a l Reserve Act Received The Chase Manhattan Bank, N a t i o n a l A s s o c i a t i o n , New York, New York. Branch i n Plymouth, Montserrat. New J e r s e y Bank, N a t i o n a l A s s o c i a t i o n , C l i f t o n , New J e r s e y . Branch i n N a s s a u , Bahamas. * * * * T h i r t y Day N o t i c e of I n t e n t i o n t o E s t a b l i s h an A d d i t i o n a l Branch i n a F o r e i g n Country Received F i r s t N a t i o n a l C i t y Bank, New York, New York. Branch i n S t . C r o i x , V i r g i n I s l a n d s . 2 * * * * * * A p p l i c a t i o n approved by Reserve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y , H,2 No. 24 4 -4- To O r g a n i z e , or I n v e s t i n , a C o r p o r a t i o n Doing F o r e i g n Banking and O t h e r F o r e i g n F i n a n c i n g P u r s u a n t t o S e c t i o n 25 or 2 5 ( a ) of t h e F e d e r a l Reserve Act Received S o c i e t y N a t i o n a l Bank of C l e v e l a n d , C l e v e l a n d , Ohio, t o o r g a n i z e a c o r p o r a t i o n under S e c t i o n 2 5 ( a ) of t h e F e d e r a l Reserve Act t o be known as S o c i e t y I n t e r n a t i o n a l C o r p o r a t i o n , C l e v e l a n d , Ohio. * * * * * 6 To Form a Bank Holding Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 1 ) of t h e Bank Holding Company Act of 1956 Received F l o r i d a N a t i o n a l Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a , f o r p r i o r a p p r o v a l t o become a bank h o l d i n g company through t h e a c q u i s i t i o n of t h e s h a r e s of t h e f o l l o w i n g 30 b a n k s : F l o r i d a N a t i o n a l Bank a t A r l i n g t o n , J a c k s o n v i l l e ; The F l o r i d a N a t i o n a l Bank a t Bartow, Bartow; F l o r i d a F i r s t N a t i o n a l Bank a t B e l l e G l a d e , B e l l e Glade; F l o r i d a F i r s t N a t i o n a l Bank a t B r e n t , P e n s a c o l a ; The F l o r i d a Bank a t B u s h n e l l , B u s h n e l l ; F l o r i d a Bank a t C h i p l e y , C h i p l e y • F l o r i d a N a t i o n a l Bank a t C o r a l G a b l e s , C o r a l G a b l e s ; F l o r i d a Bank & T r u s t Company a t Daytona Beach, Daytona Beach; F l o r i d a Bank a t DeLand, DeLand; F l o r i d a D e a l e r s and Growers Bank„ J a c k s o n v i l l e ; The F l o r i d a F i r s t N a t i o n a l Bank at F e m a n d i n a Beach, F e m a n d i n a Beach; F l o r i d a Bank at Fort P i e r c e , F o r t P i e r c e ; The F l o r i d a N a t i o n a l Bank a t G a i n e s v i l l e , G a i n e s v i l l e ; The F l o r i d a N a t i o n a l Bank of J a c k s o n v i l l e , J a c k s o n v i l l e ; F l o r i d a F i r s t N a t i o n a l Bank a t Key West? Key West; F l o r i d a N a t i o n a l Bank at Lake S h o r e , J a c k s o n v i l l e ; The F l o r i d a N a t i o n a l Bank a t L a k e l a n d , L a k e l a n d ; F l o r i d a F i r s t N a t i o n a l Bank a t Madison, Madison; The F l o r i d a N a t i o n a l Bank and T r u s t Company a t Miami, Miami; F l o r i d a N o r t h s i d e Bank of Jacksonville, Jacksonville; Florida F i r s t National Bank a t O c a l a , O c a l a ; F l o r i d a F i r s t N a t i o n a l Bank a t Opa-Locka, Opa-Locka; The F l o r i d a N a t i o n a l Bank a t O r l a n d o , O r l a n d o ; The F l o r i d a F i r s t N a t i o n a l Bank a t P e n s a c o l a , P e n s a c o l a ; The F l o r i d a N a t i o n a l Bank at P e r r y , P e r r y ; F l o r i d a F i r s t N a t i o n a l Bank a t P o r t S t . J o e , P o r t S t . J o e ; F l o r i d a N a t i o n a l Bank a t S t . P e t e r s b u r g , S t . P e t e r s b u r g ; F l o r i d a Bank at S t a r k e , Starke;, F l o r i d a F i r s t N a t i o n a l Bank a t Vero Beach, Vero Beach; and F l o r i d a N a t i o n a l Bank & T r u s t Company a t West Palm Beach, West Palm Beach, a l l i n F l o r i d a . Approved The Waccamaw C o r p o r a t i o n , W h i t e v l l l e , North C a r o l i n a , f o r p r i o r a p p r o v a l t o become a bank h o l d i n g company t h r o u g h t h e a c q u i s i t i o n of 100 p e r c e n t of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merger t o American Bank and T r u s t Company, Monroe, North C a r o l i n a ; A p p l i c a n t p r e s e n t l y owns a l l b u t d i r e c t o r s ' q u a l i f y i n g s h a r e s of Waccamaw Bank and T r u s t company, W h i t e v l l l e . North Carolina. * * * * To Expand a Bank H o l d i n g Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank Holding Company Act of 1956 Received Atlantic Bancorporation, Jacksonville, Florida, for p r i o r a p p r o v a l t o a c q u i r e n o t l e s s than 80 p e r cent of t h e v o t i n g s h a r e s of H a s t i n g s Exchange Bank, Hastings, Florida. Atlantic Bancorporation, Jacksonville, Florida, for p r i o r a p p r o v a l t o a c q u i r e n o t l e s s t h a n 80 p e r c e n t of t h e v o t i n g s h a r e s of The Exchange Bank of S t . A u g u s t i n e , S t . A u g u s t i n e , F l o r i d a . B a r n e t t Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t or more of t h e v o t i n g s h a r e s of B a r n e t t F i r s t N a t i o n a l Bank i n Seminole County, Altamonte S p r i n g s , F l o r i d a , a p r o p o s e d new b a n k . Approved S e c u r i t y New York S t a t e C o r p o r a t i o n , R o c h e s t e r , New York, f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s ' q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of a new n a t i o n a l bank i n t o which would be merged The N a t i o n a l Bank of Auburn, Auburn, New York. B a r n e t t Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a , f o r p r i o r a p p r o v a l t o a c q u i r e 6 4 . 6 7 p e r c e n t of t h e v o t i n g s h a r e s of C i t y N a t i o n a l Bank and T r u s t Company, Clearwater, Florida. The F i r s t N a t i o n a l B a n c o r p o r a t i o n , I n c . , Denver, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of The F i r s t N a t i o n a l Bank of G r e e l e y , G r e e l e y , C o l o r a d o . * A * * A
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