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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 o r Acted on 1970 - No. 46 During t h e Week Ended November 14, 1970, District 2 4 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 Hempstead Bank, Hempstead, New York. (October 1970) The Chardon Savings Bank Company, Chardon, Ohio. (November 1970) 11-13-70 11-10-70. 4 The Union Commerce Bank, C l e v e l a n d , Ohio. (October 1970) 5 The Annapolis Banking and T r u s t Company, A n n a p o l i s , Maryland. (October 1970) 11-12-70 Houston Bank & T r u s t Company, H o u s t o n , T e x a s . (October 1970) 11-13-70 11 * * * * * 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 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 i n t h e Hunting Ridge M a l l , n o r t h e a s t s i d e of Old P o s t Road (Route 2 2 ) , Bedford 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. The F i d e l i t y Bank, Rosemont, P e n n s y l v a n i a . Branch on t h e s o u t h e a s t c o r n e r of 20th and John F. Kennedy B o u l e v a r d , P h i l a d e l p h i a . 12 Bank of Utah, Ogden, U t a h . Branch i n P l a i n C i t y , Weber County. 11-13-70 H.2 No. 46 4 - 2 - Ap proved *The C i t i z e n s Commercial Bank, C e l i n a , Ohio. Branch a t 115 Summit S t r e e t , C e l i n a , Mercer County. 4 *The C i t y Bank Company, L o r a i n , Ohio, Branch at or n e a r t h e i n t e r s e c t i o n of P i t t s Boulevard and Route 20, North R i d g e v i l l e , L o r a i n County. 4 *The Ohio C i t i z e n s T r u s t Company, T o l e d o , Ohio. 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. At t h e s o u t h e a s t c o r n e r of Southwyck and Cheyenne B o u l e v a r d s , T o l e d o , Lucas County; and B. At 5501 Monroe at Talmadge, T o l e d o , Lucas County. 4 *The S y l v a n i a Savings Bank Company, S y l v a n i a , Ohio. Branch at t h e s o u t h w e s t c o r n e r of Southwyck Boulevard and Cheyenne B o u l e v a r d , T o l e d o , Lucas County. 5 *The Commercial Bank, C h e s t e r , South C a r o l i n a . Branch a t 140 S a l u d a S t r e e t , C h e s t e r . 7 *Bank of Lenawee County, A d r i a n , Michigan. Branch a t s o u t h w e s t c o r n e r of Sand Creek Highway and West U.S. 223, A d r i a n , Lenawee County. 9 * F i r s t C i t i z e n s Bank of B i l l i n g s , B i l l i n g s > Montana. Branch ( d r i v e - i n f a c i l i t y ) i n B i l l i n g s . 12 Withdrawn Farmers and Merchants Bank of R o c k f o r d , O p p o r t u n i t y , Washington. Branch n e a r t h e i n t e r s e c t i o n of Argonne S t r e e t and Montgomery Avenue, Argonne V i l l a g e , an u n i n c o r p o r a t e d a r e a of Spokane County. * * * * * 2 * 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 F r a n k l i n N a t i o n a l Bank, New York, New York. Branch i n London, E n g l a n d . 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 . H.2 No. 46 2 -3Approved M a n u f a c t u r e r s Hanov :r T r u s t Company, New York, New York. Branch i n Tokyo, J a p a n . •?< * 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 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 To S e c t i o n 25 or 2 5 ( a ) of t h e F e d e r a l Reserve Act Received F i r s t N a t i o n a l C i t y Bank, New York, New York, t o o r g a n i z e a c o r p o r a t i o n under S e c t i o n 25(a) of t h e F e d e r a l Reserve Act t o be known as F i r s t N a t i o n a l C i t y Bank I n t e r a m e r i c a , Miami, Florida. * 2 7 * * * * 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 Approved Long I s l a n d T r u s t Company, Garden C i t y , New York, f o r p r i o r a p p r o v a l t o merge S e a s i d e Bank, Westhampton Beach, New York, under t h e c h a r t e r and t i t l e of Long I s l a n d T r u s t Company. American Bank and T r u s t f o r p r i o r approval to Bank of Eaton R a p i d s , under t h e c h a r t e r and T r u s t Company. * 5 * i< * Company, L a n s i n g , Michigan, c o n s o l i d a t e w i t h The N a t i o n a l Eaton R a p i d s , Michigan, t i t l e of American Bank and * * * To Form a Bank H o l d i n g 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 Southern 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 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 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 t h e s u c c e s s o r by merger t o W i l l i a m s b u r g N a t i o n a l Bank, W i l l i a m s b u r g ; A p p l i c a n t a l r e a d y owns 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 Southern Bank and T r u s t Company, Richmond, b o t h in Virginia. I I H.2 No. 46 6 -4Received ( c o n t ? d) C o n s o l i d a t e d Bankshares of F l o r i d a , I n c . , F o r t L a u d e r d a l e , 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 t h r o u g h t h e a c q u i s i t i o n of 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 i n Fort Lauderdale, Fort Lauderdale; P l a n t a t i o n F i r s t N a t i o n a l Bank, P l a n t a t i o n * Guaranty F i r s t N a t i o n a l Bank of Fort L a u d e r d a l e , F o r t L a u d e r d a l e ; Ocean F i r s t N a t i o n a l Bank of F o r t L a u d e r d a l e , F o r t L a u d e r d a l e ; and 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 S e c u r i t y F i r s t N a t i o n a l Bank of P l a n t a t i o n , P l a n t a t i o n , a proposed new b a n k , a l l t h e banks a r e l o c a t e d i n F l o r i d a . * 4 * * * * 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 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 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 Adams Bank, H i l l e r s b u r g , Ohio.