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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.