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H e~CM. d<3 J-^ci'LO. ANNOUNCEMENT BY BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM H.2 1971 No. 42 District 2 Applications and Reports Received or Acted on During Week Ending October 16, 1971 Current Report Filed Pursuant to Section 1.3 of the Securities Exchange Act Rece ived Union County Trust Company, Elizabeth/ New Jersey (September 19 71) Da te 10-12-71 3 Peoples Bank of Glen Rock, Glen Rock, Pennsylvania (September 1971) 10-12-71 6 Commerce Union Bank, Nashville, Tennessee (September 1971) 10-14-71 11 Corpus Christi Bank & Trust, Corpus Christi, Texas (September 1971) 10-12-71 12 Union Bank, Los Angeles, California (September 1971) 10-12-71 12 United California Bank, Los Angeles, California (September 1971) 10-15-71 * 2 Proxy Statement (Special Meeting) Filed Pursuant to Section 14(a) of the Securities Exchange Act Received State Bank of Albany, Albany, New York * 7 * * * * * * * * To Withdraw from Membership in the Federal Reserve System Without a Six Month' Notice as Prescribed by Section 9 of the Federal Reserve Act , Received Oxford Savings Bank, Oxford, Michigan 10-14-71 H.2 1971 No. 42 -2- 7 Approved Oxford Savings Bank, Oxford, Michigan 7 Mason State Bank, Mason, Michigan * Ve * Y? Ve To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act Received Marine Midland Bank-Central, Syracuse, New York. Branch to be established in the immediate neighborhood of the intersection of East Circle Dirve and U*S. Highway No. 11 (Brewerton Road), unincorporated area Town of Cicero, Onondaga County. Farmers and Merchants State Bank, Fredericksburg, Virginia. Branch to be established at the Olde Greenwich Shopping Center, Lafayette Boulevard, Spotsylvania, County. United Virginia Bank of Williamsburg, Williamsburg, Virginia. Branch to be established at the intersection of Jamestown Road and Old Jamestown Road, Williamsburg. United Virginia Bank of Williamsburg, Williamsburg, Virginia. Branch to be established at the intersection of U.S 0 Route 60 West and State Route 614, James City County. Approved *The Connecticut Bank and Trust Company, Hartford, Connecticut. Branch to be established in Branhaven Plaza, corner of West Main Street and Short Beach Road, Branford. *The Trust Company of New Jersey, Jersey City, New Jersey. Branch to be established at 474 Franklin Avenue, Nutley, Essex County. *Metairie Bank and Trust Company, Metairie, Louisiana. Branch to be established at Veterans Boulevard at David Drive in Metairie, to be known as David Drive Branch. * Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2 1971 No. 42 6 8 11 -3Approved (Continued) ^Citizens Bank of Hattiesburg, Hattiesburg, Mississippi. Branch to be established at 3112 Hardy Street in Hattiesburg, to be known as the Hardy Street Branch. ^Citizens Bank & Trust Company, Campbellsville, Kentucky. Branch to be established at 408 East Main Street, Campbellsville. ^Southern Arizona Bank and Trust Company, Tucson, Arizona. Branch to be established at 3434 East Broadway in Tucson, this is a relocation of its Broadway-Country Club Banking Center Branch presently located at 3052 East Broadway. * * * * * 7 To organize, or Invest in, a Corporation Doing Foreign Banking and Other Foreign Financing Pursuant to Section 25 or 25(a) of the Federal Reserve Act Received Continental Illinois National Bank and Trust Company of Chicago, Chicago, Illinois, to organize a corporation to be known as Continental Bank International (Pacific), to be located in San Francisco, California. * Application approved by Reserve Bank on behalf of the Board of Governors under delegated authority. To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Hqlding Company Act of 1956 Received SC National Corporation, Columbia, South Carolina, for prior approval to acquire 100 per cent of the voting shares of The South Carolina National Bank, Charleston, South Carolina, the successor by merger to The South Carolina National Bank of Charleston, Charleston, South Carolina. Mid-America Fidelity Corporation, Ann Arbor, Michigan, for prior approval to acquire 80 per cent or more of the voting shares of Ann Arbor Bank, Ann Arbor, Michigan. 1st Stan-Isle Company, Inc., Stanwood, Washington, for prior approval to acquire substantially all of the shares of The First National Bank of Stanwood Stanwood, Washington. •k * * * To Expand a Bank Holding Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956 Received First at Orlando Corporation, Orlando, Florida for prior approval to acquire at least 90 per cent of the voting shares of Citizens Commercial Bank of Ocala, Ocala, Florida, a proposed new bank. First at Orlando Corporation, Orlando, Florida, for prior approval to acquire at least 90 per cent of the voting shares of The Commercial Bank & Trust Company of Ocala, Ocala, Florida. County National Bancorporation, Clayton, Missouri, for prior approval to acquire not less than 90 per cent of the voting shares of Big Bend Bank, Webster Groves, Missouri. United Missouri Bancshares, Inc., Kansas City, Missouri for prior approval to acquire not less than 80 per cent (plus directors' qualifying shares) of the voting shares of The Brookfield Banking Company, Brookfield, Missouri. II. 2 1971 No. 42 -5- To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956 Permitted** Industrial National Corporation, Providence, Rhode Island, to engage in a de novo activity (providing data processing services). 10-9-71 First National Boston Corporation, Boston, Massachusetts, to engage in a de novo activity (the leasing of personal property). 10-14-71 Citizens Bancorporat ion, Sheboygan, Wisconsin, to engage in a de novo activity (the leasing of personal property). 10-9-71 United Bankshares, Inc., Green Bay, Wisconsin, to engage in a de novo activity (the leasing of personal property and equipment or acting as agent, broker, or advisor in the leasing of such property). 10-11-71 7 United Bankshares, Inc., Green Bay, Wisconsin, to engage in a de novo activity (providing bookkeeping or data processing services for the internal operations of the holding company and its subsidiaries and to store and process other banking, financial, or related economic data, such as performing payroll, accounts receivable or payable, or billing services). 10-11-71 7 Valley Bancorporation, Appleton, Wisconsin, to engage in a de novo activity(leasing of machinery and equipment) through a. subsidiary known as Banco Leasing, Inc., Appleton, Wisconsin. 10-14-71 **Processed by Reserve Bank on behalf of the Board of Governors under delegated authority. H.2 1971 No. 42 12 1 ® w -6- Withdrawn Central Banking System, Inc., Oakland, California, to engage in a de novo activity (investment advisory services) through a subsidiary known as Central Realty and Financial Services, Inc., in Oakland, California and Phoenix, Arizona. To Expand a Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1956 Permitted** Family Finance Corporation, Wilmington, Delaware, to acquire Murdock Acceptance Corporation of Alabama, Inc., Anniston, Alabama. 10-8-71 10-9-71 1 Family Finance Corporation, Wilmington, Delaware, to acquire Crest Finance Company, Newark, New Jersey, and Wamsutta Finance, New Bedford, Massachusetts. 10-14-71 7 Gulf & Western Industries, Inc., New York, New York, to acquire the following Puerto Rican Corporations: Auto Body Parts Corp. Bayamon Body Parts Corp. Piezas Europeas, Inc. Guayana Body Parts, Inc. through a subsidiary known as A.P.S., Inc., Houston, Texas. 10-14-71 7 Gulf & Western Industries, Inc., New York, New York, to acquire all of the outstanding stock of Consumer's Money Order Corporation, St. Louis, Missouri, through a subsidiary known as Associates Corporation of North America, South Bend, Indiana. 10-14-71 Arizona-Colorado Land and Cattle Company, Phoenix, Arizona, to acquire Farmhand, Inc., Hopkins, Minnesota. 10-11-71 10 **Processed by Reserve Bank on behalf of the Board of Governors under delegated authority.
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