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ANNOUNCEMENT BY H. 2 1971 No. 46 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM A p p l i c a t i o n s and R e p o r t s Received or Acted on During Week Ending November 13, 1971 District 4 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 Toledo T r u s t Company, Toledo, Ohio ( J u l y 1971) i< * Vc Vc * 2 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 V a l l e y Bank of New York, V a l l e y Stream, New York. 7 HTS Bank, Chicago, I l l i n o i s . 8 J a c k s o n Exchange Bank, J a c k s o n , M i s s o u r i . 9 F i r s t S e c u r i t y Bank of M a l t a , M a l t a , Montana. * * * -k Y<r 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 the F e d e r a l Reserve Act Received Marine Midland Bank-Western, B u f f a l o , New York. Branch t o be e s t a b l i s h e d in the immediate neighborhood of t h e i n t e r s e c t i o n of New York S t a t e Routes 5 and 63, B a t a v i a , Genesee County, New York. Hempstead Bank, Hempstead, New York. Branch to be e s t a b l i s h e d i n t h e Hempstead P l a z a O f f i c e B u i l d i n g , 50 C l i n t o n S t r e e t , I n c o r p o r a t e d V i l l a g e of Hempstead, Nassau County. Date 11-11-71 H. 2 1971 No. 46 - 2 - 3 The F i d e l i t y Bank, Rosemont, P e n n s y l v a n i a . Branch to be e s t a b l i s h e d in the B e r k s h i r e Mall West, Woodland Avenue, a p p r o x i m a t e l y 500 f e e t south of Van Reed Road, Wyomissing Borough, Berks County. 7 Linden S t a t e Bank, Linden, I n d i a n a . Branch to be e s t a b l i s h e d a t 1 0 7 - 1 / 2 North Main S t r e e t , L i n d e n . 7 American S e c u r i t y Bank, Mount P l e a s a n t , Michigan. Branch t o be e s t a b l i s h e d a t 1115 West High S t r e e t , Mount P l e a s a n t , Michigan. 7 The Y p s i l a n t i Savings Bank, Y p s i l a n t i , Michigan. Branch to be e s t a b l i s h e d a t t h e c o r n e r s of P r o s p e c t and C l a r k Roads, S u p e r i o r Township, Washtenaw County. 12 Union Bank, Los Angeles, C a l i f o r n i a . Branch to be e s t a b l i s h e d t e m p o r a r i l y a t 11222 La Cienega B o u l e v a r d , Inglewood to be d i s c o n t i n u e d s i m u l t a n e o u s l y w i t h the e s t a b l i s h ment of permanent branch a t or in v i c i n i t y of southwest c o r n e r of Century and La Cienega B o u l e v a r d s , C i t y and County of Los Angeles. 2 2 Approved ^American Bank & T r u s t Company, New York, New York. Branch to be e s t a b l i s h e d a t 79 Pine S t r e e t , Borough of Manhattan, New York. 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 Approved 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. Branches to be e s t a b l i s h e d in Hong Kong and t o be l o c a t e d in T s i m s h a t s u i , Tsuen Wan/Kwai Chung, and Causeway Bay. -k * Ve ic * A p p l i c a t i o n approved by Reserve Bank on b e h a l f of the Board of Governors under d e l e g a t e d a u t h o r i t y . 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 Other 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 25(a) of t h e F e d e r a l R e s e r v e Act Correction F i r s t N a t i o n a l C i t y Bank, New York, New York, t o e s t a b l i s h a c o r p o r a t i o n to be known a s F i r s t N a t i o n a l C i t y Bank ( I n t e r n a t i o n a l - H o u s t o n ) , Houston, Texas. Vc Vc -k /V 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 Mechanics and F a r m e r s ' Bank of Albany, Albany, New York t o merge The T a n n e r s N a t i o n a l Bank of C a t s k i l l , C a t s k i l l , New York, 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 . Approved The C o n n e c t i c u t Bank and T r u s t Company, H a r t f o r d , C o n n e c t i c u t , f o r p r i o r a p p r o v a l t o merge The N o r t h S i d e Bank and T r u s t Company, B r i s t o l , C o n n e c t i c u t , under t h e c h a r t e r and t i t l e of t h e former. The Huron County Banking Company, Norwalk, Ohio, f o r p r i o r a p p r o v a l t o merge The S a v i n g s and Loan Banking Company, New London, Ohio, 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 . The P e o p l e s Bank, T h o r n v i l l e , Ohio, f o r p r i o r a p p r o v a l t o merge The P e r r y County Bank, New L e x i n g t o n , Ohio, under t h e c h a r t e r and t i t l e of t h e l a t t e r . To Form a Bank Holding Company Pursuant to S e c t i o n 3 ( a ) ( 1 ) of the Bank Holding Company Act of 1956 Received Old Colony C o - o p e r a t i v e Bank, P r o v i d e n c e , Rhode I s l a n d , f o r p r i o r a p p r o v a l to r e t a i n s h a r e s of The Newport N a t i o n a l Bank, Newport, Rhode I s l a n d . G r e a t e r J e r s e y B a n c o r p . , C l i f t o n , New J e r s e y , 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 per c e n t of t h e v o t i n g s h a r e s of 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 . H a r r i s Bankcorp, I n c . , Chicago, I l l i n o i s , 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 per cent ( 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 h e s u c c e s s o r by merger t o H a r r i s T r u s t and Savings Bank, Chicago, I l l i n o i s . F i r s t N a t i o n a l Bank Holding Company, I n c . , P i n e d a l e , Wyoming, 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 83.45 per cent of t h e v o t i n g s h a r e s of F i r s t N a t i o n a l Bank of P i n e d a l e , P i n e d a l e , Wyoming. North P l a t t e C o r p o r a t i o n , T o r r i n g t o n , Wyoming, 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 65.95 per cent of t h e v o t i n g s h a r e s of The C i t i z e n s N a t i o n a l Bank of T o r r i n g t o n , T o r r i n g t o n , Wyoming. Approved American Holding C o r p o r a t i o n of New J e r s e y , P r i n c e t o n , New J e r s e y , 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 per 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 ' 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 American N a t i o n a l Bank & T r u s t , M o n t c l a i r , New J e r s e y , and 100 per cent of t h e v o t i n g s h a r e s of P r i n c e t o n Bank and T r u s t Company, P r i n c e t o n , New J e r s e y . Merchants N a t i o n a l C o r p o r a t i o n , I n d i a n a p o l i s , I n d i a n 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 per cent of the voting shares (less d i r e c t o r s ' qualifying shares) of t h e s u c c e s s o r by merger t o Merchants N a t i o n a l Bank & 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 , Indiana. Suspense On H.2 No. 42 f o r t h e week ended October 16, 1971, the 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 1 s t S t a n - I s l e Company, I n c . , Stanwood, Washington, 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 s u b s t a n t i a l l y a l l of t h e s h a r e s of The F i r s t N a t i o n a l Bank of Stanwood, Stanwood, Washington. T h i s a p p l i c a t i o n i s now in 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 , f u r n i s h i n g a s s u r a n c e from t h e S t a t e of Washington a u t h o r i t i e s t h a t e x i s t e n c e and o p e r a t i o n of s u b j e c t h o l d i n g company i s not in c o n t r a v e n t i o n of S t a t e law. 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 U n i t e d J e r s e y Banks, Hackensack, New J e r s e y , 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 per 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 h e s u c c e s s o r by merger t o The C i t y N a t i o n a l Bank of M i l l v i l l e , M i l l v i l l e , New J e r s e y . BancOhio C o r p o r a t i o n , 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 per 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 The Community N a t i o n a l Bank, L o v e l a n d , Ohio, a proposed new bank. Mercantile Bancorporation I n c . , St. Louis, Missouri, 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 up t o 100 p e r cent of t h e v o t i n g s h a r e s of County Bank of S t . C h a r l e s , St. Charles, Missouri. F i r s t C i t y B a n c o r p o r a t i o n of T e x a s , I n c . , Houston, T e x a s , 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 8 3 . 2 8 per c e n t or more of t h e v o t i n g s h a r e s of The Midland N a t i o n a l Bank, Midland, Texas. F i r s t C i t y B a n c o r p o r a t i o n of T e x a s , I n c . , Houston, T e x a s , 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 24.5 per c e n t of t h e v o t i n g s h a r e s of United Bank S h a r e s , I n c . , El Paso, T e x a s , a one-bank h o l d i n g company, whose a s s e t s i n c l u d e 100 per 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 Southwest N a t i o n a l Bank of El P a s o , El Paso, Texas. H.2 197 1 -6- Approved Shorebank, I n c . , Quincy, 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 to a c q u i r e 80 per cent or more of the v o t i n g s h a r e s of The Falmouth N a t i o n a l Bank, Falmouth, M a s s a c h u s e t t s . 5 F i r s t V i r g i n i a Bankshares C o r p o r a t i o n , A r l i n g t o n , 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 per cent 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 bymerger to Bank of Surry County, I n c . , S u r r y , Virginia. 6 Exchange Bancorporat i o n , I n c . , Tampa, 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 51 per cent or more of t h e v o t i n g s h a r e s of Bank of O s c e o l a , Kissimmee, Florida. 6 F i r s t a t Orlando C o r p o r a t i o n , Orlando, 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 90 per c e n t or more of t h e v o t i n g s h a r e s of N a t i o n a l Bank Gulf Gate, Sarasota, Florida. 6 F i r s t Bancshares of F l o r i d a , I n c . , Boca Raton, 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 per cent or more of t h e v o t i n g s h a r e s of J e n s e n Beach Bank, Jensen Beach, F l o r i d a . 6 United Tennessee Bancshares C o r p o r a t i o n , Memphis, Tennessee, 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 per cent or more of t h e v o t i n g s h a r e s of N a s h v i l l e City Bank and T r u s t Co., N a s h v i l l e , Tennessee. 8 F i r s t Tennessee N a t i o n a l C o r p o r a t i o n ( f o r m e r l y F i r s t N a t i o n a l Holding C o r p o r a t i o n ) , Memphis, Tennessee, 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 per cent 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 The Banking & T r u s t Company, J o n e s b o r o , Tennessee. 9 Mid America B a n c o r p o r a t i o n , I n c . , f o r p r i o r a p p r o v a l to a c q u i r e voting shares (less d i r e c t o r s ' of The F i r s t N a t i o n a l Bank of Minnesota. S t . P a u l , Minnesota, 100 per cent of t h e qualifying shares) Hutchinson, Hutchinson, 10 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 than 80 per c e n t of t h e v o t i n g s h a r e s of Blue H i l l s Bank of Commerce, Kansas C i t y , M i s s o u r i . 12 F i r s t S e c u r i t y C o r p o r a t i o n , S a l t Lake C i t y , Utah, 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 per cent of t h e voting shares (less d i r e c t o r s ' qualifying shares) of F i r s t S e c u r i t y Bank of B o u n t i f u l ( N . A . ) , B o u n t i f u l , Utah, a proposed new bank. H.2 1971 No. 46 -7Denied F i r s t a t 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 90 per c e n t or more of t h e v o t i n g s h a r e s of N a t i o n a l Bank of S a r a s o t a , Sarasota, Florida. Reactivated On H.2 No. 35 f o r the week ended August 28, 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 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 , for p r i o r approval to a c q u i r e 80 per cent or more of t h e v o t i n g s h a r e s of Ormond Beach F i r s t N a t i o n a l Bank, Ormond Beach, F l o r i d a . This a p p l i c a t i o n was p l a c e d in s u s p e n s e f o l l o w i n g r e c e i p t of 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 October 14, 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 n o t i c e t h a t they would not r e p l y , 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 . Suspense On H.2 No. 26 f o r t h e week ended June 26, 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 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 Nanuet N a t i o n a l Bank, Nanuet, New York. T h i s a p p l i c a t i o n i s now in s u s p e n s e p u r s u a n t t o A p p l i c a n t ' s r e q u e s t . On H.2 No. 33 f o r t h e week ended August 14, 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 L i n c o l n F i r s t Banks I n c . , 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 t h e N a t i o n a l Bank of N o r t h e r n New York, Watertown, New York. T h i s a p p l i c a t i o n i s now in s u s p e n s e p u r s u a n t t o A p p l i c a n t ' s request. On H.2 No. 30 f o r t h e week ended J u l y 24, 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 Northwest B a n c o r p o r a t i o n , M i n n e a p o l i s , M i n n e s o t a , for p r i o r approval to acquire the voting shares of Farmers and Merchants S t a t e Bank of S t i l l w a t e r , S t i l l w a t e r , M i n n e s o t a . T h i s a p p l i c a t i o n i s now in suspense awaiting a public o r a l p r e s e n t a t i o n to be h e l d on December 15, 1971. 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 I n d u s t r i a l N a t i o n a l C o r p o r a t i o n , P r o v i d e n c e , 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 per c e n t of t h e s h a r e s of Ambassador F a c t o r s C o r p o r a t i o n , New York, New York. H. 2 1971 No. 46 w -8Receivecl c o n t i n u e d Old Colony C o - o p e r a t i v e Bank, P r o v i d e n c e , 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 c o n t i n u e t o engage d i r e c t l y i n t h e a c t i v i t i e s of a b u i l d i n g and l o a n a s s o c i a t i o n . Marine Midland Bank I n c . , B u f f a l o , New York, n o t i f i c a t i o n of i n t e n t t o engage in t h e f o l l o w i n g de novo a c t i v i t i e s ( ( 1 ) making, a c q u i r i n g and s e r v i c i n g f o r i t s own a c c o u n t or f o r t h e a c c o u n t of o t h e r s , l o a n s and o t h e r e x t e n s i o n s of c r e d i t s e c u r e d by m o r t g a g e s on r e s i d e n t i a l or commercial p r o p e r t i e s or l e a s e h o l d i n t e r e s t s t h e r e i n ; (2) a c t i n g as investment advisor to a r e a l e s t a t e investment t r u s t ; (3) f u r n i s h i n g economic or f i n a n c i a l i n f o r m a t i o n on r e a l e s t a t e m a t t e r s ; (4) p e r f o r m i n g p r o p e r t y management s e r v i c e s ; and (5) making e q u i t y and d e b t i n v e s t m e n t s i n c o r p o r a t i o n s or p r o j e c t s d e s i g n e d p r i m a r i l y t o promote community w e l f a r e , such as t h e economic r e h a b i l i t a t i o n and development of low-income a r e a s , and a l l a c t i v i t i e s i n c i d e n t a l t h e r e t o ) t h r o u g h a s u b s i d i a r y known as Marine Midland R e a l t y C r e d i t C o r p o r a t i o n in S y r a c u s e , New York and S c a r s d a l e , New York. 11-10-71 F i d e l i t y C o r p o r a t i o n of P e n s y l v a n i a , Rosemont, P e n n s y l v a n i a , n o t i f i c a t i o n of i n t e n t t o t r a n s f e r t o i t s non-banking s u b s i d i a r y , F i d e l i t y Optimation S e r v i c e s , I n c . , King of P r u s s i a , P e n n s y l v a n i a , certain computer-related a c t i v i t i e s presently b e i n g c o n d u c t e d by i t s b a n k i n g s u b s i d i a r y , The F i d e l i t y Bank, Rosemont, P e n n s y l v a n i a , A f t e r t h e t r a n s f e r from The F i d e l i t y Bank, F i d e l i t y Optimation S e r v i c e s , Inc. w i l l a l s o s e r v i c e customers' accounts, including correspondent b a n k s , and p r o d u c e and market f i n a n c i a l l y - o r i e n t e d computer s o f t w a r e s y s t e m s . 11-10-71 N o r t h w e s t e r n F i n a n c i a l C o r p o r a t i o n , North W i l k e s b o r o , North C a r o l i n a , n o t i f i c a t i o n of i n t e n t t o engage in a de novo a c t i v i t y (making or a c q u i r i n g l o a n s or o t h e r e x t e n s i o n s of c r e d i t such as would be made by a f a c t o r i n g company) t h r o u g h a s u b s i d i a r y t o be known as N o r t h w e s t e r n F a c t o r s , I n c . , North W i l k e s b o r o , North C a r o l i n a . 11-12-71 N o r t h w e s t e r n F i n a n c i a l C o r p o r a t i o n , North W i l k e s b o r o , North C a r o l i n a , n o t i f i c a t i o n of i n t e n t t o engage in a jde novo a c t i v i t y ( a c t i n g as a d v i s o r t o as yet unorganized r e a l e s t a t e investment t r u s t s ) t h r o u g h a s u b s i d i a r y t o be known as N o r t h w e s t e r n A d v i s o r y C o r p o r a t i o n , North W i l k e s b o r o , North Carolina. 11-12-71 H. 2 1971 No. 46 10 5 6 3 5 -9Received c o n t i n u e d Colorado N a t i o n a l B a n k s h a r e s , I n c . , Denver, Colorado, n o t i f i c a t i o n of i n t e n t t o engage in a de novo a c t i v i t y (mortgage l e n d i n g ) through a s u b s i d i a r y , G a r r e t t - B r o m f i e l d Mortgage Company, Colorado S p r i n g s , Colorado. Delayed-NCNB C o r p o r a t i o n , C h a r l o t t e , North C a r o l i n a , t o engage i n a de novo a c t i v i t y ( p e r f o r m i n g f u n c t i o n s of a t r u s t company) through a s u b s i d i a r y t o be known as American T r u s t Company, I n c . , Camden, South C a r o l i n a . F i r s t R a i l r o a d & Banking Company of G e o r g i a , Augusta, G e o r g i a , t o engage in a de novo a c t i v i t y (mortgage b u s i n e s s ) t h r o u g h a s u b s i d i a r y , F i r s t of Georgia Mortgage Company, Augusta, G e o r g i a . Permitted** F i d e l i t y C o r p o r a t i o n of P e n n s y l v a n i a , Rosemont, P e n n s y l v a n i a , t o t r a n s f e r mortgage s e r v i c i n g and o t h e r mortgage f i n a n c i n g r e l a t e d a c t i v i t i e s p r e s e n t l y b e i n g conducted by i t s banking s u b s i d i a r y , The F i d e l i t y Bank, Rosemont, P e n n s y l v a n i a , t o a s u b s i d i a r y , T r e f o i l Mortgage Company, P h i l a d e l p h i a , Pennsylvania. 11-12-71 11-12-71 11-9-71 11-12-71 F i r s t & M e r c h a n t s C o r p o r a t i o n , Richmond, V i r g i n i a , t o engage in a de novo a c t i v i t y (making second mortgage l o a n s ) a t S i l v e r S p r i n g , Maryland, t h r o u g h a s u b s i d i a r y , F i r s t R e a l t y Mortgage C o r p o r a t i o n , Richmond, V i r g i n i a . 11-8-71 F i r s t F i n a n c i a l C o r p o r a t i o n , Tampa, F l o r i d a , t o engage in a de novo a c t i v i t y (an a g e n t - b r o k e r i n s u r a n c e agency o p e r a t i n g as p a r t of t h e h o l d i n g company, w i t h r e s p e c t t o c r e d i t l i f e i n s u r a n c e t h a t i s ( a ) d i r e c t l y r e l a t e d t o an e x t e n s i o n of c r e d i t by t h e h o l d i n g company and i t s s u b s i d i a r y , or (b) i s o t h e r w i s e s o l d as a m a t t e r of c o n v e n i e n c e t o t h e p u r c h a s e r so long as t h e premium income from such s a l e s does not c o n s t i t u t e a s i g n i f i c a n t p o r t i o n of t h e a g g r e g a t e i n s u r a n c e premium income of t h e h o l d i n g company) from i t s o f f i c e s i n Tampa, Florida. 11-13-71 ^ P r o c e s s e d by R e s e r v e Bank on b e h a l f of t h e Board of Governors under delegated authority. H.2 1971 No. 46 6 7 4 -10- P e m i t t e d continued** Hamilton B a n c s h a r e s , I n c . , Chattanooga, Tennessee, t o engage in a de novo a c t i v i t y ( p r o v i d i n g d a t a p r o c e s s i n g s e r v i c e s t o banks in t h e North Georgia a r e a ) t h r o u g h a s u b s i d i a r y , Bancshares D a t a ! i n e C o r p o r a t i o n , Blue R idge , G e o r g i a . SJV C o r p o r a t i o n , E l k h a r t , I n d i a n a , to t r a n s f e r a c t i v i t i e s p r e v i o u s l y commenced de novo ( a c t i n g as i n s u r a n c e a g e n t and b r o k e r ) from i t s banking s u b s i d i a r y , S t . Joseph V a l l e y Bank, E l k h a r t , I n d i a n a , t o a s u b s i d i a r y known as SJV I n s u r a n c e , I n c . , Elkhart, Indiana. 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 ) ( 1 2 ) of t h e Bank Holding Company Act of 1956 Received American 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 S e l e c t i v e I n s u r a n c e Company, C i n c i n n a t i , Ohio. 11-12-71 11-7-71 11-11-71 4 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 C i t i z e n s Advisory C o r p . , C l e v e l a n d , Ohio. 11-11-71 6 The C h a r t e r Company, J a c k s o n v i l l e , F l o r i d a , 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 a l l of t h e o u t s t a n d i n g c a p i t a l s t o c k of M and A P e t r o l e u m Company, V i c t o r i a , Texas. 11-12-71 6 The C h a r t e r Company, J a c k s o n v i l l e , F l o r i d a , 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 a l l of t h e o u t s t a n d i n g c a p i t a l s t o c k of C.H. Sprague & Son Company, P r o v i d e n c e , Rhode I s l a n d . 11-12-71 7 Growth C a p i t a l , I n c . , Chicago, I l l i n o i s , 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 N o r t h w e s t e r n Investment Company, L e v e l l a n d , Te xa s , through a s u b s i d i a r y known as Growth SBIC, I n c . , Milwaukee, Wisconsin. 11-12-71 Cemetery S e r v i c e s I n t e r n a t i o n a l , I n c . , P h i l a d e l p h i a , P e n n s y l v a n i a , 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 an i n t e r e s t in Major Casket C o r p o r a t i o n , Memphis, Tennessee. 11-11-71 10 ^ p r o c e s s e d by Reserve Bank on b e h a l f of t h e Board of Governors under delegated authority.
@FedFRASER