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•iiAau-.L • - ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 A p p l i c a t i o n s and R e p o r t s Received o r Acted on 1971 - N o . 25 During t h e Week Ended June 18, 1971. R e g i s t r a t i o n Statement Filed Pursuant to S e c t i o n 12(g) of t h e S e c u r i t i e s Exchange Act Received The Commercial Bank and S a v i n g s Company, F o s t o r i a , Ohio. (Amendment No. 1) * 4 4 12 * A * * 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 C l e v e l a n d T r u s t Company, C l e v e l a n d , Ohio. (May 1971) Commercial Bank and Savings Company, F o s t o r i a , Ohio. (Hay 1971) U n i t e d C a l i f o r n i a Bank, Los A n g e l e s , C a l i f o r n i a . (May 1971) * * * * * 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 C i t y and County Bank, P o w e l l , T e n n e s s e e . * * * * 6-14-71 * 6-14-71 6-15-71 6-14-71 H.2 No. 25 - 2 - 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 Marine Midland B a n k - S o u t h e r n , Binghamton, New York. Branch a t 906 Danby Road (N.Y. 96-B) , Town of I t h a c a , Tompkins County. G i r a r d T r u s t Bank, P h i l a d e l p h i a , P e n n s y l v a n i a , Branch a t One G i r a r d P l a z a , n o r t h w e s t c o r n e r of Bala, and C i t y Line Avenues, B a l a Cynwyd, Montgomery County. • I i - ' • ' •> Farmers & Merchants S t a t e Bank, F r e d e r i c k s b u r g , V i r g i n i a . Branch i n t h e G r e e n b r i e r Shopping C e n t e r , P l a n k Road, Fredericksburg. Approved * Long I s l a n d T r u s t Company , Garden C i t y , New Y o r k . Branch i n t h e immediate n e i g h b o r h o o d of t h e West Side of Waverly Avenue,, n o r t h of S u n r i s e Highway, North P a t chogue. * M a n u f a c t u r e r s Hanover T r u s t Company, New York, New Y o r k . Branch i n t h e Hunting P i d g e H a l l , n o r t h w e s t s i d e of t h e Old P o s t Road ( ° o u t e 2 2 ) , a p p r o x i m a t e l y 1,056 f e e t n o r t h e a s t of South B e d f o r d V i l l a g e , Town of B e d f o r d , W e s t c h e s t e r County. * M a n u f a c t u r e r s Hanover T r u s t Company, New York, New York. Branch a t 77-22 2 1 s t Avenue, Southwest C o r n e r of 2 1 s t Avenue and 78th S t r e e t , E a s t E l m h u r s t , Queens. * N i a g a r a F r o n t i e r Bank of New Y o r k , New Y o r k , New York. Branch a t 4564 Main S t r e e t , V i l l a g e of S n y d e r , Town of Amherst, County of E r i e . * C e n t r a l T r u s t Company, R o c h e s t e r , New York. Branch i n t h e Goodman P l a z a , 836 Goodman S t r e e t N o r t h , C i t y of R o c h e s t e r , Monroe County. * Bank of S u f f o l k County, Stony Brook, New York. Branch immediate n e i g h b o r h o o d of t h e i n t e r s e c t i o n of N o r t h f i e I d ^oad and V e t e r a n s Memorial Highway, U n i n c o r p o r a t e d V i l l a g e of Hauppauge, Town of I s l i p , S u f f o l k County. * 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 delegated a u t h o r i t y . H.2 Mo. 25 3 -3Approved C o n t ' d * G i r a r d T r u s t Bank, P h i l a d e l p h i a , P e n n s y l v a n i a . Branch at One G i r a r d P l a z a , n o r t h w e s t c o r n e r of B a l a and C i t y Line Avenues, Bala Cynwyd, Montgomery County. 7 * DeMotte S t a t e Bank, DeMotte, I n d i a n a . Branch on t h e n o r t h s i d e of Route 10 - 1/4 miles East of 1 - 6 5 , Keener Township, J a s p e r County. 7 * Commercial Savings Bank, A d r i a n , Michigan. Branch at 2148 C u r t i s Road, Adrian Township,, Lenawee County. 11 * Southern A r i z o n a Bank and T r u s t Company, Tucson, Arizona, Branch at O r a c l e Road and Orange Grove Road, Tucson. 2 Denied by S t a t e Bank of S u f f o l k County, Stony Brook, New York. Branches at t h e f o l l o w i n g l o c a t i o n s : A. B. Immediate n e i g h b o r h o o d of t h e s o u t h w e s t Corner of t h e i n t e r s e c t i o n of Middle County Road (Route 25) and Rocky P o i n t - M i d d l e I s l a n d Road, Middle I s l a n d , Brookhaven, S u f f o l k County Immediate n e i g h b o r h o o d of t h e i n t e r s e c t i o n of New York S t a t e Route 25A and Bread and Cheese Hollow Road, F o r t S a l o n g a , S u f f o l k County. * Vc vV 2 and •><' To E s t a b l i s h an Overseas 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 N a t i o n a l Newark & Essex Bank, Newark, TTexi J e r s e y . Branch in N a s s a u , Bahamas. Vc "k * >V ;'r * 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 . To Merge P u r s u a n t t o S e c t i o n 18(c) of t h e F e d e r a l D e p o s i t I n s u r a n c e Act Received The Western G r e e n b r i e r Bank, R a i n e l l e , West V i r g i n i 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 t h e a s s e t s of and assume t h e l i a b i l i t i e s of The Bank of R a i n e l i e , P a i n e l i e , West V i r g i n i a . * * * * 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 H o l d i n g Company Act of 1956 Received The Suncook Bank, Suncook, New Hampshire, 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 48 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 Hookseet Bank, H o o k s e t t , New H a m p s h i r e , a p r o p o s e d new b a n k . Newport Savings and Loan A s s o c i a t i o n , Newport, Rhode I s l a n d , 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 of t h e v o t i n g s h a r e s of The I s l a n d T r u s t Company, Newport, Rhode I s l a n d , a proposed new b a n k . Alameda B a n c o r p o r a t i o n , I n c . , Alameda, C a l i f o r n i 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 98 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 Alameda F i r s t N a t i o n a l Bank, Alameda, C a l i f o r n i a . * zk * & * To Expand a Bank Holding 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 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 of t h e v o t i n g s h a r e s of F i r s t Bank and T r u s t Company of C o m i n g , C o m i n g , New Y o r k . Approved C h a r t e r New York C o r p o r a t i o n , New York, 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 cent, of t h e v o t i n g s h a r e s ( l e s s d i r e c t o r s 9 q u a l i f y 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 w i l l be merged The Union N a t i o n a l Bank of T r o y , Troy, New York. - i d - O h i o B a n c - S h a r e s , I n c . , Mans f i e l d , Ohio, 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 The Farmers and Savings Bank, L o u d o n v i l l e , Ohio, L o u d o n v i l l e , Ohio. V i r g i n i a Commonwealth Bankshares , I n c . , Richmond, V i r g i n i a , f o r p r i o r a p p r o v a l of 100 p e r cent of t h e v o t i n g s h a r e s of The American Bank of Loudoun, Loudoun County, V i r g i n i a , a proposed new b a n k . Southwest B a n c o r p o r a t i o n , I n c . , Miami s 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 C a l a d e s i N a t i o n a l Bank a t Dune d i n , P u n e d i n , F l o r i d a , , F i r s t at Orlando C o r p o r a t i o n , O r l a n d o , 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 a l l of t h e v o t i n g s h a r e s ( 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 The Fort P i e r c e Bank, F o r t P i e r c e , F l o r i d a , a proposed new bank. The F i r s t r e l a t i o n a l Ban c o r p o r a t i o n , I n c . , Denver s 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 or more of t h e v o t i n g si t a r e s of The N a t i o n a l S t a t e Bank of B o u l d e r , Boulder, Colorado. Susnense On H.2 No. 17, f o r t h e week ended A p r i l 2 4 , 1971, t h e Board r e p o r t e d r e c e i p t of an a p p l i c a t i o n from F i r s t & Merchants C o r p o r a t i o n 9 Richmond V i r g i n i a , f o r p r i o r a p p r o v a l of t h e a c q u i s i t i o n of 100 p e r cent ( l e s s d i r e c t o r s f q u a l i f y 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 The F i r s t N a t i o n a l Bank of D a n v i l l e , D a n v i l l e , V i r g i n i a . T h i s a p p l i c a t i o n i s now i n s u s p e n s e a w a i t i n g r e c e i p t of A p p l i c a n t ' s r e p l y t o a Department of J u s t i c e l e t t e r t o t h e Board d a t e d June 1 1 , 1971. it * >V * To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 4(C)12 of t h e Bank Holding Company Act of 1956 Received Midwestern F i n a n c i a l C o r p o r a t i o n , C i n c i n n a t i , Ohio. N o t i f i c a t i o n of i n t e n t t o a c q u i r e s h a r e s of LandDel C o r p . , C i n c i n n a t i , , Ohio. 6-17-71 Communications P r o p e r t i e s , I n c . , A u s t i n , T e x a s , , 6-15-71 a s u b s i d i a r y of C i t i z e n s F i n a n c i a l C o r p o r a t i o n , , C l e v e l a n d , Ohio. N o t i f i c a t i o n of i n t e n t t o a c q u i r e s h a r e s of Texas S t a t e Network, I n c . , F o r t Worth* Texas. ?'c A * * * To Expand a Bank Holding Company P u r s u a n t t o S e c t i o n 4 ( c ) (8) of t h e Bank Holding Company Act of 1956 Received Worcester Bancorp., I n c . , Worcester, Massachusetts, n o t i f i c a t i o n of I n t e n t t o engage i n a de novo a c t i v i t y (leasing) in Worcester. 6-15-71
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