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C- c SZ Q. 'C ^ 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 R e c e i v e d or Acted on 1970 - No. 41 During t h e Week Ended O c t o b e r 10, 1970 • Date District 2 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 F i d e l i t y Union T r u s t Company , Newark, New J e r s e y . (September 1970) 2 P e o p l e s T r u s t of New J e r s e y , Hackensack, New J e r s e y . (September 1970) 5 The Annapolis Banking and T r u s t Company, A n n a p o l i s , Maryland. (September 1970) 7 The N o r t h e r n T r u s t Company, Chicago, I l l i n o i s . (September 1970) * 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 t h e F e d e r a l Reserve Act Received C e n t r a l Home T r u s t Company of E l i z a b e t h , N. J . , E l i z a b e t h , New J e r s e y . Branch on t h e n o r t h w e s t c o r n e r of Route 22 and Summitt Road, M o u n t a i n s i d e , Union County. 4 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. 7 Wyandotte Savings Bank, Wyandotte, Michigan. Branch i n t h e v i c i n i t y of t h e s o u t h w e s t c o r n e r of B i d d l e and Eureka Avenues, C i t y of Wyandotte, Wayne County. 1 10-7-70 10-8-70 10-5-70 10-5-70 H.2 No. 41 7 -2Approved *The P e o p l e s S t a t e Bank of H o l l a n d , H o l l a n d , Michigan. Branch i n t h e v i c i n i t y of t h e i n t e r s e c t i o n of 120th Avenue (Waverly Road) and Michigan Highway M-21, C i t y of H o l l a n d , Ottawa County. 7 * S t . Joseph V a l l e y Bank, E l k h a r t , I n d i a n a . Branch a t t h e c o r n e r of Mishawaka Road and Benham Avenue, C i t y of E l k h a r t , E l k h a r t County. 8 * C i t y Bank and T r u s t Company of Moberly, Moberly, M i s s o u r i . Branch a t 501 West C o a t e s , Moberly. 11 ^Southern A r i z o n a Bank and T r u s t Company, Tucson, A r i z o n a . Branch on t h e s i t e of i t s former Motor Bank o f f i c e a t 45 West Alameda, Tucson. A * * A * 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 I n d u s t r i a l N a t i o n a l Bank, P r o v i d e n c e , Rhode I s l a n d . Branch i n N a s s a u , Bahamas. * * * A * 2 2 12 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 S a l o n i c a , G r e e c e . F i r s t N a t i o n a l C i t y Bank, New York, New York. Branch i n P e r e i r a , Colombia. 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 B a r r a n q u i l l a , R e p u b l i c of Colombia. A AA AA * 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 Gqyernors under d e l e g a t e d a u t h o r i t y . H.2 No. 41 —3— 6 To O r g a n i z e , o r 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 O t h e r 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 2 5 ( a ) of t h e F e d e r a l Reserve Act 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 , 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 2 5 ( a ) of t h e F e d e r a l Reserve Act t o be known as Bank of America I n t e r n a t i o n a l of F l o r i d a , Dade County, F l o r i d a . 7 Final Permit Issued I n d i a n a N a t i o n a l Overseas Corp, I n d i a n a p o l i s , I n d i a n a . * * * * * 2 7 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 Received Marine Midland T r u s t Company of C e n t r a l New York, S y r a c u s e , New York, f o r p r i o r a p p r o v a l t o merge Marine Midland T r u s t Company of t h e Mohawk V a l l e y , U t i c a , New York, under t h e c h a r t e r and t i t l e of Marine Midland T r u s t Company of C e n t r a l New York. C i t i z e n s Bank and T r u s t Company, C l a r e , M i c h i g a n , f o r p r i o r a p p r o v a l t o merge The F a r w e l l S t a t e Savings Bank, F a r w e l l , M i c h i g a n , u n d e r t h e c h a r t e r and t i t l e of C i t i z e n s Bank and T r u s t Company. * 6 6 * * * * 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 T e n n e s s e e B a n c s h a r e s C o r p o r a t i o n , Johnson C i t y , T e n n e s s e e , 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 N a t i o n a l Bank of Commerce, Memphis, T e n n e s s e e . U n i t e d T e n n e s s e e B a n c s h a r e s C o r p o r a t i o n , Johnson C i t y , T e n n e s s e e , f o r p r i o r a p p r o v a l t o f u r t h e r a c q u i r e 48.02 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 F i r s t P e o p l e s Bank, Johnson C i t y , T e n n e s s e e . 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 Commerce Bank of Bonne T e r r e , Bonne Terre, Missouri. Approved Bank S e c u r i t i e s , I n c . , Alamogordo, New Mexico, f o r p t i o r a p p r o v a l t o a c q u i r e 51 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 American Bank of Commerce, A l b u q u e r q u e , New Mexico. Bank S e c u r i t i e s , I n c . , Alamogordo, New Mexico, 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 6 2 . 5 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 e c u r i t y Bank, R u i d o s o , New Mexico. Reactivated On H.2 No. 28, f o r t h e week ended J u l y 11, 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 Wisconsin Bankshares 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 n o t l e s s 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 West R a c i n e Bank, R a c i n e , W i s c o n s i n . On August 2 9 , 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 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 . Following r e c e i p t of A p p l i c a n t ' s views and comments, t h i s a p p l i c a t i o n h a s b e e n r e a c t i v a t e d . On H.2 No. 3 0 , 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 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 c e n t or more of t h e v o t i n g s h a r e s of The S e c u r i t y S t a t e Bank of S t e r l i n g , S t e r l i n g , C o l o r a d o . On September 1 2 , 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 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 . 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 views and comments, t h i s a p p l i c a t i o n h a s been r e a c t i v a t e d .
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