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ANNGUNCEMENT 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. 12 During t h e Week Ended March 2 0 , 1971. District 4 Date Tender O f f e r 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 14(d) of t h e S e c u r i t i e s Exchange Act Received The Toledo T r u s t Company, T o l e d o , Ohio. 3-15-71 ( F i l e d by N o r t h w e s t Ohio B a n c s h a r e s , I n c . ) * 6 * * * * 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 . * * * * * 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 R e s e r v e Act Received Broadway Bank & T r u s t Company, P e t e r s o n , New J e r s e y . Branch i n t h e v i c i n i t y of P a t e r s o n Avenue and Main S t r e e t , L i t t l e F a l l s , New J e r s e y . Long I s l a n d T r u s t Company, Garden C i t y , New York. 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 c h o g u e . Approved *The F i d e l i t y Bank, Rosemont, P e n n s y l v a n i a . Branch a t 49 Bethlehem P i k e , P h i l a d e l p h i a . *Lorain County S a v i n g s 6 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, North R i d g e v i l l e , L o r a i n 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 d e l e g a t e d a u t h o r i t y . http://fraser.stlouisfed.org/ • Federal Reserve Bank of St. Louis H.2 No. 12 4 7 -2Approved ( c o n t ' d ) *The Newark T r u s t Company, Newark, Ohio. Branch a t 136 E a s t Broadway, G r a n v i l l e , L i c k i n g County. *Union Savings Bank of M a n c h e s t e r , M a n c h e s t e r , Michigan. Branch a t 11488 P l e a s a n t Lake Road, Freedom Township, Washtenaw County. * * * * * 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 Merchants N a t i o n a l Bank and T r u s t Company of I n d i a n a p o l i s , I n d i a n a p o l i s , I n d i a n a . 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 Bank of America N a t i o n a l T r u s t and Savings A s s o c i a t i o n , San F r a n c i s c o , C a l i f o r n i a . Branch i n Hamburg, Germany. Bank of America N a t i o n a l T r u s t and Savings A s s o c i a t i o n , San F r a n c i s c o , C a l i f o r n i a . Branch i n S t r a s b o u r g , F r a n c e . a * * * * To E s t a b l i s h a F o r e i g n Branch or Agency of a C o r p o r a t i o n O p e r a t i n g Under S e c t i o n 25 o r 2 5 ( a ) of t h e F e d e r a l Reserve Act Final Permit Issued " ~~ H a r r i s Bank I n t e r n a t i o n a l , New Y o r k , New Y o r k . A * &&& * A p p l i c a t i o n approved by R e s e r v e 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. 12 6 -3To Merge P u r s u a n t t o S e c t i o n 18(c) of t h e Federal. Deposit I n s u r a n c e Act Received T r u s t Company of G e o r g i a , A t l a n t a , G e o r g i a , f o r p r i o r a p p r o v a l t o merge T r u s t Company of Georgia Bank of DeKalb, A t l a n t a , G e o r g i a , under 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 . * 11 12 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 H o l d i n g Company Act of 1956 Received Texas Commerce B a n c s h a r e s , I n c . , H o u s t o n , T e x a 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 t h r o u g h t h e merger of Texas Commerce Bank N a t i o n a l A s s o c i a t i o n , Houston, Texas, with A p p l i c a n t ' s nonoperating bank. As an i n c i d e n t t o t h e m e r g e r , A p p l i c a n t would a l s o a c q u i r e t h e b e n e f i c i a l i n t e r e s t i n a l l of t h e v o t i n g s h a r e s of Texas Commerce S h a r e h o l d e r s Company, H o u s t o n , T e x a s , which owns o r c o n t r o l s more t h a n 5 p e r cent of t h e v o t i n g s h a r e s of t h e f o l l o w i n g s e v e n b a n k s , a l l l o c a t e d i n Texas; A i r l i n e Bank, H o u s t o n , T e x a s , Houston; North Freeway Bank, Houston; Reagan S t a t e Bank, Houston; F i r s t N a t i o n a l Bank of S t a f f o r d « , S t a f f o r d ; Chemical Bank & T r u s t Company, H o u s t o n ; Lockwood N a t i o n a l Bank of H o u s t o n , Houston; and Texas Commerce Bank N. A. , Houston. The Toronto-Dominion Bank, T o r o n t o , O n t a r i o , Canada, 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 ( 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 T o r o n t o Dominion Bank of C a l i f o r n i a , San F r a n c i s c o , C a l i f o r n i a , a p r o p o s e d new b a n k . Reactivated On H.2 No. 30 f o r t h e week ended J u l y 2 5 , 1970, 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 Alabama B a n c s h a r e s , I n c . , Birmingham, Alabama, 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. I n September 1970, t h i s a p p l i c a t i o n was p l a c e d i n s u s p e n s e a w a i t i n g a p u b l i c h e a r i n g on t h e a p p l i c a t i o n t o be h e l d i n Birmingham, Alabama. F o l l o w i n g t h e H e a r i n g E x a m i n e r ' s Recommended D e c i s i o n and F i n d i n g s of Fact and C o n c l u s i o n s of Law d a t e d J a n u a r y 21, 1971, and comments and r e s p o n s e s t h e r e t o , t h i s a p p l i c a t i o n has been r e a c t i v a t e d . * * * * * # H. 2 No. 12 -4To 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 H o l d i n g Company Act of 1956 Approved 4 F i r s t Banc Group of Ohio, I n c . , Columbus, 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 100 p e r c e n t 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 1 q u a l i f y i n g s h a r e s ) of a n e w n a t i o n a l bank i n t o which would b e merged The C i t i z e n s N a t i o n a l Bank of Wooster, W o o s t e r , Ohio. 4 S o c i e t y C o r p o r a t i o n , C l e v e l a n 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 P e o p l e s Bank of Youngs town, Youngs town, Ohio. 5 V i r g i n i a Commonwealth B a n k s h a r e s , 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 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 Bank of V i r g i n i a of Roanoke V a l l e y , V i n t o n , V i r g i n i a , a proposed new bank. 10 Reactivated 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 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 s 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 , B o u l d e r , C o l o r a d o . T h i s a p p l i c a t i o n was p l a c e d 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 3 , 1971. F o l l o w 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 d a t e d March 11, 1971, t h i s a p p l i c a t i o n has been r e a c t i v a t e d .
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