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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 or Acted on
1971 - No.11
During t h e Week Ended March 13, 19 71.
District

8

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
M a n u f a c t u r e r s Bank & T r u s t Company of S t .
L o u i s , S t . L o u i s , M i s s o u r i ( F e b r u a r y 1971)

3-8-71

* * * * *

Ownership S t a t e m e n t F i l e d P u r s u a n t t o S e c t i o n 13(d)
of t h e S e c u r i t i e s Exchange Act
Received
Bank of t h e Commonwealth, D e t r o i t , Michigan.
( F i l e d by 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 Y o r k ) .
* * * * *

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
The C a r r o l l County T r u s t Company, Conway, New
Hampshire. Branch a t Routes 16 and 302, Conway.
Bank of S u f f o l k County, Stony Brook, New York.
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.

Immediate neighborhood 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 l d Road 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,
Tc&m of I s l i p , S u f f o l k County; and

B.

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
Yaphank-Middle I s l a n d Road and Main S t r e e t ,
U n i n c o r p o r a t e d V i l l a g e of Yaphank, Town of
Brookhaven, S u f f o l k County.

3-5-71

H.2
No. 11

-2Received ( c o n t ' d )
Hempstead Bank, Hempstead* New York.
Branch i n t h e H u n t i n g t o n Q u a d r a n g l e , e a s t s i d e of
Route 110, U n i n c o r p o r a t e d Area of M e l v i l l e , Town
of H u n t i n g t o n ? S u f f o l k County.

2

4

L o r a i n County Savings & T r u s t C o . , E l y r i a , Ohio.
Branch a t 38659 C e n t e r Ridge Road, Worth
R l d g e v i l l e , L o r a i n County.

5

The F o r e s t H i l l S t a t e Bank, F o r e s t H i l l , Maryland.
Branch a t 2203 Bel A i r Road, F a l l s t o n , H a r f o r d County.

2

Approved
*Banlc of Smith town, Smith town, New Y o r k .
Branch on t h e n o r t h w e s t c o r n e r of Middle Country
Road and Hawkton P l a c e , Lake Grove, Town of
Brookhaven, S u f f o l k County.

2

^ 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 at 175-09 149th Avenue, n o r t h e a s t
c o r n e r of 175th S t r e e t and 149th Avenue, Queens.

2

^Peoples T r u s t of New J e r s e y , Hackensack, New J e r s e y .
Branch i n t h e v i c i n i t y of Glen and Edison Roads,
S p a r t a , Sussex County.

3

*Wi lining t o n T r u s t Company , W i l m i n g t o n , Delaware.
Branch i n t h e Branmar P l a z a Shopping C e n t e r , l o c a t e d
on t h e n o r t h w e s t c o r n e r of Marsh and S i l v e r s i d e Roads s
Brandywine Hundred, New C a s t l e County.

8

* S e d a l i a Bank and T r u s t Company, S e d a l i a , M i s s o u r i .
Branch a t Broadway and Moniteau, S e d a l i a .
* * * * *

2

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
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 London, England.
* * * * *

* 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 .




•

e

H.2

— 3—

No. 11

6

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
Foreign Banking and O t h e r Foreign 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 25(a) of the F e d e r a l R e s e r v e Act
Received
The C i t i z e n s and Southern N a t i o n a l Bank, Savannah,
Georgia, f o r p r i o r approval to organize a corporation
u n d e r S e c t i o n 25(a) of t h e F e d e r a l Reserve A c t , t o
b e known as C i t i z e n s and Southern I n t e r n a t i o n a l Bank
of New O r l e a n s , New O r l e a n s , L o u i s i a n a .
* * * * *

4

12

To Merge P u r s u a n t t o S e c t i o n 1 8 ( 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
Approved
The Farmers Savings and T r u s t Company, M a n s f i e l d , Ohio,
f o r p r i o r a p p r o v a l t o merge Lucas S t a t e Bank, L u c a s ,
Ohio, u n d e r t h e c h a r t e r and t i t l e of t h e f o r m e r .
Union Bank, Los A n g e l e s , 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 merge Bank of Long Beach, N a t i o n a l A s s o c i a t i o n ,
Long Beach, C a l i f o r n i a , u n d e r t h e c h a r t e r and t i t l e
of t h e f o r m e r .
* * * * *

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
American B a n c s h a r e s , I n c . , North Miami, 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 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 Second N a t i o n a l Bank of North Miami, North
Miami; Second N a t i o n a l Bank of North Miami Beach, North
Miami Beach; and The N a t i o n a l Bank of S t . P e t e r s b u r g ,
St. Petersburg, a l l in Florida.
Approved
F i r s t M a s s a c h u s e t t s F i n a n c i a l C o r p o r a t i o n , Westwood,
M a s s a c h u s e t t s , 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 51 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 M a s s a c h u s e t t s Bank and
T r u s t Company, B r o c k t o n , M a s s a c h u s e t t s .
*

*

*

*




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
M e r c a n t i l e Bankshares C o r p o r a t i o n , B a l t i m o r e , Maryland,
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 Bank of Southern Maryland, La
P l a t a , Maryland,
Commerce B a n c s h a r e s , I n c . , Kansas C i t y , M i s s o u r i , 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 more 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 W i l l a r d Bank, W i l l a r d , M i s s o u r i .
F i r s t Union, I n c o r p o r a t e d , S t . L o u i s , M i s s o u r i , 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 cent or 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 Cape
G i r a r d e a u , Cape G i r a r d e a u , M i s s o u r i .
Approved
M e r r i l l Bankshares Company, Bangor, Maine, 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 t l e a s t 80 p e r cent of t h e v o t i n g
s h a r e s of F e d e r a l T r u s t Company, W a t e r v i l i e , Maine.
M a r s h a l l & l i s l e y Bank Stock C o r p o r a t i o n , Milwaukee,
W i s c o n s i n , 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 S t a t e Bank of M a y v i l i e ,
Mayvilie, Wisconsin.
Suspense
On H.2 No. 5 , f o r t h e week ended J a n u a r y 30, 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
Union, I n c o r p o r a t e d , S t . L o u i s , M i s s o u r i , 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 cent or 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 West P l a i n s , West
P l a i n s , M i s s o u r i . 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 March 5 , 1971.
On II.2 No. 5 , f o r t h e week ended J a n u a r y 30, 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 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 cent or more of t h e
v o t i n g s h 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 9 Colorado. 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 f 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 March 3 , 1971.