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ANNOUNCEMENT BY
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Applications and Reports Received or Acted on
H. 2
1973 No. 40
During the Week Ending October 6, 1973
Date
District
7
Registration Statement Filed Pursuant to
Section 12(g) of the Securities Exchange Act
Received
First Michigan Bank and Trust Company, Zeeland,
Michigan (Amendment #1)
* * * * *
2
To Become a Member of the Federal Reserve System
Pursuant to Section 9 of the Federal Reserve Act
Approved
^Chemical Bank-Buffalo, Buffalo, New York
5
*First Bank & Trust Company, Brookneal, Virginia
* * * * *
2
10
2
10
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
The Citizens Bank, Attica, New York
Security Bank of Rich Hill, Rich Hill, Missouri
Denied
The Citizens Bank, Attica, New York
Security Bank of Rich Hill, Rich Hill, Missouri
* * * * *
*Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.
10-1-73
H. 2
1973 No. 40
- 2To Establish a Domestic Branch Pursuant to
Section 9 of the Federal Reserve Act
Received
The Columbus Trust Company, Newburgh, New York. Branch
to be established in the immediate neighborhood of
Middle Hope, New York.
Nassau Trust Company, Glen Cove, New York. Branch to
be established at the Northeast corner of Route 110
and the Long Island Expressway, Meliville, Huntington
Township, Suffolk County.
Manufactures Hanover Trust Company, New York, New York.
Branch to be established on the Southwest corner
of Metropolitan Avenue and Woodhaven Boulevard, Queens
County.
Bank of Virginia-Central, Richmond, Virginia. Branch to
be established at 4840 South Laburnum Avenue, Henrico
County.
Planters Bank and Trust Company, Hopkinsville, Kentucky.
Branch to be established at the intersection of Country
Club Lane and Noel Avenue, Hopkinsville.
Approved
*Peoples Trust of New Jersey, Hackensack, New Jersey.
to be established at the following locations:
Branches
A.
At 479 Ceder Lane, Teaneck Township, Bergen County.
Bo
In the Ringwood Shopping Center, on the West Side
of Skyline Drive, Ringwood Borough, Passaic County.
•^Metropolitan Bank of Syracuse, Syracuse, New York. Branch
to be established in Section D, immediately adjacent to
Entry 1, in the Fayetteville Mall on the Northwest corner
of the intersection of East Genesee and North Burdick
Streets (Unincorporated Area) Town of Manlius, Onondaga
County,
*Application processed by the Reserve Bank on behalf of the Board of
Governors under delegated authority.
H.2
1973 No. 40
~3
Approved Continued
^Schenectady Trust Company, Schenectady, New York. Branch
to be established at 1562 New Scotland Road, Town of
Bethlehem, Albany County.
^Citizens Commercial & Savings Bank, Flint, Michigan. Branch
to be established in the vicinity of 2242 W. Vienna
Road, Vienna Township, Genesee County.
* * * * *
On H.2 #38 the following branch application was shown as
approved.
Correction: The following branch application has been
3
Received
The Bank of New Jersey, Camden, Camden County, New Jersey.
Branch to be established at the intersection of Springdale
and Greentree Roads, Cherry Hill, Camden County.
* * * * *
7
3
To establish an Overseas Branch of a Member Bank
Pursuant to Section 25 of the Federal Reserve Act
Received
The First National Bank of Chicago, Chicago, Illinois.
To establish a branch in Dubai, United Arab Emirates.
Approved
National Central Bank, Lancaster, Pennsylvania. To
establish a branch in Georgetown, Grand Cayman, Cayman
Islands.
5
The Fidelity National Bank, Lynchburg, Virginia. To
establish a branch in Georgetown, Grand Cayman, Cayman
Islands.
5
First Virginia Bank, Falls Church, Virginia. To establish
a branch in Georgetown, Grand Cayman, Cayman Islands.
* * * * *
*Application processed by the. Reserve Bank on behalf of the Board of
Governors under delegated authority.
H.2
1973 No. 40
Thirty Day Notice of Intention to Establish an
Additional Branch in a Foreign Country
Received
The First National Bank of Chicago, Chicago, Illinois.
To establish an additional branch in Antwerp,
Belgium.
* * * * *
2
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
Approved
Morgan Guaranty Trust Company of New York, New York,
To organize a corporation in Houston, Texas to be
known as "Morgan Guaranty International Bank of
Houston."
* * * * *
To Form a Bank Holding Company Pursuant to Section
3(a)(1) of the Bank Holding Company Act of 1956
Received
Community Bancorporation, Columbus, Ohio, for
prior approval to acquire 83.55 per cent of the
voting shares of The First National Bank in
Mount Gilead, Mount Gilead, Ohio.
FMBT Corporation, Zeeland, Michigan, for prior
approval to acquire 100 per cent of the voting
shares of the successor by consolidation to First
Michigan Bank and Trust Company, Zeeland, Michigan.
National Ann Arbor Corporation, Ann Arbor, Michigan, for
prior approval to acquire 100 per cent of the voting
shares (less directors1 qualifying shares) of the
successor by merger to National Bank and Trust
Company of Ann Arbor, Ann Arbor, Michigan.
BlICo, Inc., Hardin, Montana, for prior approval to
acquire 97.8 per cent of the voting shares of Big
Horn County State Bank, Hardin, Montana.
Approved
Citizens Commercial Corporation, Flint, Michigan, for
prior approval to acquire 100 per cent of the
voting shares of the successor by merger to Citizens
Commercial & Savings Bank, Flint, Michigan.
The Greenwood*s Bancorporation, Inc., Lake Mills,
Wisconsin, for prior approval to acquire 80 per cent
or more of the voting shares of The Greenwood1s
State Bank, Lake Mills, Wisconsin.
Bankshares of Laramie, Inc., Laramie, Wyoming, for
prior approval to acquire 80 per cent or more of
the voting shares of Bank of Laramie, Laramie,
Wyoming.
Fidelity Corporation of Oklahoma, Oklahoma City,
Oklahoma, for prior approval to acquire 100 per
cent (less directors' qualifying shares) of the
voting shares of the successor by merger to
Fidelity Bank, National Association, Oklahoma
City, Oklahoma.
H. 2
1973 No. 40
6
-
6
-
To Expand a Bank Holding Company Pursuant to Section
3(a)(3) of the Bank Holding Company Act of 1956
Received
Central Bancshares of the South, Inc., Birmingham,
Alabama, for prior approval to acquire 80 per cent
or more of the voting shares of The Sumiton Bank,
Sumiton, Alabama.
6
First Bancshares of Florida, Inc., Boca Raton, Florida,
for prior approval to acquire 90 per cent of the voting
shares of The First State Bank of Arcadia, Arcadia,
Florida.
6
First Financial Corporation, Tampa, Florida, for prior
approval to acquire 90 per cent or more of the voting
shares of Citizens Bank and Trust Company, Quincy,
Florida.
6
First Financial Corporation, Tampa, Florida, for prior
approval to acquire 90 per cent or more of the voting
shares of Gadsden State Bank, Chattahoochee, Florida.
7
Twin Gates Corporation, Wilmington, Delaware; and
Northern States Bancorporation, Inc., Detroit, Michigan,
for prior approval to acquire not less than 51 per
cent of the voting shares of First Citizens Bank,
Troy, Michigan.
8
Mercantile Bancorporation, Inc., St. Louis, Missouri,
for prior approval to acquire at least 90 per cent of
the voting shares (plus directors* qualifying shares)
of Rozier Bank, Ste. Genevieve, Missouri.
11
First City Bancorporation of Texas, Inc., Houston, Texas,
for prior approval to acquire 100 per cent of the
voting shares (less directors1 qualifying shares) of
the successor by merger to The First National Bank of
Paris, Paris, Texas.
11
First City Bancorporation of Texas, Inc., Houston, Texas,
for prior approval to acquire 100 per cent of the
voting shares (less directors1 qualifying shares) of
the successor by merger to The First National Bank of
San Angelo, San Angelo, Texas.
11
The Fort Worth National Corporation, Fort Worth, Texas,
for approval to retain 150 shares of the voting
shares of Riverside State Bank, Fort Worth, Texas.
11
PanNational Group, Inc., El Paso, Texas, for prior
approval to acquire 100 per cent of the voting
shares (less directorsT qualifying shares) of Franklin
National Bank, El Paso, Texas, a proposed new bank,
Approved
BancOhio Corporation, Columbus, Ohio, for prior
approval to acquire 100 per cent (less directors'
qualifying shares) of the voting shares of The Citizens
National Bank of Ironton, Ironton, Ohio.
Barnett Banks of Florida, Inc., Jacksonville, Florida,
for prior approval to acquire 90 per cent or more of
the voting shares of Barnett Bank of North Pensacola,
Pensacola, Florida, a proposed new bank.
First Bancshares of Florida, Inc., Boca Raton, Florida,
for prior approval to acquire 90 per cent or more of
the voting shares of (1) American National Bank and
Trust Company of Fort Lauderdale; (2) Sunrise
American National Bank of Fort Lauderdale; and (3)
Southport American National Bank of Fort Lauderdale,
all located in Fort Lauderdale, Florida.
Florida Bancorp, Inc., Pompano Beach, Florida, for
prior approval to acquire 90 per cent or more of the
voting shares of Lighthouse Point Bank, Lighthouse
Point, Florida.
Landmark Banking Corporation of Florida, Fort Lauderdale,
Florida, for prior approval to acquire not less than 80
per cent of the voting shares of Northside Bank of
Tampa, Tampa, Florida, and of Bank of North Tampa,
Tampa, Florida.
First International Bancshares, Inc., Dallas, Texas,
for prior approval to acquire 100 per cent of the
voting shares (less directors' qualifying shares) of
the successor by merger to The Dallas County State
Bank, Carrollton, Texas.
First International Bancshares, Inc., Dallas, Texas, for
prior approval to acquire 100 per cent (less directors'
qualifying shares) of the voting shares of the
successor by merger to First State Bank of Bellaire,
Bellaire, Texas.
Denied
First International Bancshares, Inc., Dallas, Texas,
for prior approval to acquire 100 per cent of the
voting shares of the successor by merger to University
State Bank, Houston, Texas.
H.2
1973 No. 40
- 8 To Expand a Bank Holding Company Pursuant to Section
3(a) (5) of the Bank Holding Company Act of 1956
Approved
Union Planters Corporation, Memphis, Tennessee, for
prior approval to merge with Tennessee National
Bancshares, Inc., Maryville, Tennessee.
* * * * *
1
To Expand a Bank Holding Company Pursuant to Section
4(c)(8) of the Bank Holding Company Act of 1956
Received
Industrial National Corporation, Providence, Rhode
Island, for prior approval to acquire all of the
assets of Mortgage Associates, Inc., Milwaukee,
Wisconsin.
1
**Industrial National Corporation, Providence, Rhode
Island, notification of intent to engage in de
novo activities (consumer finance; insurance
underwriting of credit life insurance, credit
accident and health insurance, and insurance agency
or brokerage in connection with selling to consumer
finance borrowers credit life insurance, credit
accident and health insurance, and property damage
insurance for collateral securing loans made to
borrowers) at 228 East Duval, Lake City, Florida,
through a subsidiary, Southern Discount Company.
10- 2-73
1
**lndustrial National Corporation, Providence, Rhode
10- 5-73
Island, notification of intent to engage in de
novo activities (consumer finance; insurance
underwriting of credit life insurance, credit
accident and health insurance; and insurance agency
or brokerage in connection with selling to consumer
finance borrowers credit life insurance, credit accident
and health insurance, and property damage insurance
for collateral securing loans made to borrowers) at
2833 Exchange Court, Suite No. 3, W. Palm Beach,
Florida, through a subsidiary, Southern Discount
Company.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
H. 2
1973 No. 40
1
2
2
5
- 9 Received Continued
^^Massachusetts Bankshares, Inc., Hingham, Massachusetts,
10- 2-73
notification of intent to engage in a cle novo
activity (investment adviser to a real estate investment
trust) at 11 Fearing Road, Hingham, Massachusetts,
through a subsidiary, Lincoln Research and
Management Company, Inc.
**First National City Corporation, New York, New York,
9-21-73
notification of intent to engage in d_e novo activities
(making consumer installment personal loans, purchasing
consumer installment sales finance contracts; and acting
as broker for the sale of consumer credit related life/
accident and health insurance and consumer credit
related property and casualty insurance; if this proposal
is effected, Nationwide Financial Corporation of Wyoming
will offer to sell insurance as follows: (a) group credit
life/accident and health insurance to cover the outstanding balances of loans to borrowers in the event of
their death, or, to make the contractural monthly
payments on the loans in the event of the borrower's
disability; (b) individual casualty insurance on
property, generally automobiles and household goods,
subject to security agreements with Nationwide;
further, in regard to the sale of credit related
insurance, Nationwide Financial Corporation of
Wyoming will not offer insurance counseling) in Green
River, Wyoming, through its subsidiary, Nationwide
Financial Corporation of Wyoming.
Franklin New York Corporation, New York, New York,
for prior approval to acquire all of the shares of
Talcott National Corporation, New York, New York.
**Southern Bancorporation, Inc., Greenville, South
10-1-73
Carolina, notification of intent to engage in de
novo activities (making extensions of credit as a
licensed consumer finance lender under the Consumer
Finance Act of South Carolina; and acting as agent
for the sale of credit related life, accident and
disability insurance, and credit related property and
casualty insurance issued in connection with the
extension of credit) in Conway, Sumter, and Walterboro,
South Carolina, through its subsidiary, World
Acceptance Corporation.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
H.2
1973 No. 40
5
- 10 Received Continued
**Southern Bancorporation, Inc., Greenville, South
Carolina, notification of intent to engage in a
de novo activity (making extensions of credit as a
licensed consumer finance lender under the Texas
Consumer Credit code) in Sherman, Texas, through
its subsidiary, World Acceptance Corporation.
10- 4-73
6
**Citizens and Southern Holding Company, Atlanta,
Georgia, notification of intent to engage in de
novo activities (making or acquiring, for its own
account or for the account of others, loans and
extensions of credit (including issuing letters of
credit and accepting drafts), such as would be made
by a mortgage company; servicing loans and other
extensions of credit for any person; and acting as
investment or financial adviser, including (i)serving
as the advisory company for a mortgage or a real
estate investment trust and (ii)furnishing economic or
financial information) in Dallas, Texas, through its
subsidiary, Citizens and Southern Mortgage Company.
7
**The Marine Corporation, Milwaukee, Wisconsin,
10- 3-73
notification of intent to engage in de novo activities
(originating, acquiring, selling, and servicing
commercial mortgage loans as well as making interim
construction mortgage loans and performing other
incidental activities necessarily involved in a
mortgage banking business) through a subsidiary, Marine
Mortgage Co., Inc., Milwaukee, Wisconsin.
10
12
**First Finance Co., Nevada, Missouri, notification of
intent to engage in a de novo activity (leasing
personal property and equipment, or acting as agent,
broker or adviser in leasing of such property) in
Denver, Colorado, through a subsidiary, Peoples
Leasing, Inc.
9-25-73
10- 3-73
Wells Fargo & Company, San Francisco, California, for
prior approval to acquire the shares of AtlanticPacific Leasing, Inc., San Jose, California.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
H.2
1973 No. 40
12
12
4
- 11 Received Continued
**Wells Fargo & Company, San Francisco, California,
notification of intent to engage in a de novo
activity (finance leasing of personal property and
equipment, and acting as agent, broker, and adviser in
leasing such property) at 40 Wall Street, New York, New
York; and PennCentral Station, 466 Lexington Avenue,
New York, New York, through its subsidiary, Wells
Fargo Leasing Corporation.
9-25-73
Zions Utah Bancorporation, Salt Lake City, Utah, for
prior approval to acquire all of the common stock of
Central Finance Corporation, Portland, Oregon.
Approved
Union Commerce Corporation, Cleveland, Ohio, for prior
approval to acquire all the issued and outstanding
common stock of Bjork Associates, Inc., New York, New
York.
5
First & Merchants Corporation, Richmond, Virginia, for
prior approval to acquire all of the voting shares of
Security-Atlantic Life Insurance Company, Phoenix,
Arizona.
6
First Bancshares of Florida, Inc., Boca Raton, Florida,
for prior approval to acquire 90 per cent or more of the
voting shares of Beacon Leasing Corporation, North Palm
Beach, Florida.
8
First Arkansas Bankstock Corporation, Little Rock,
Arkansas, for prior approval to acquire 100 per cent of
the voting shares of National Credit Corporation, Pine
Bluff, Arkansas.
9
Jacob Schmidt Company and American Bancorporation, Inc.,
both of St. Paul, Minnesota, for prior approval to
acquire 100 per cent of the voting shares of Lake City
Agency, Inc., Lake City, Minnesota.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
H. 2
1973 No. 40
5
1
-12Delayed
**Equitable Bancorporation, Baltimore, Maryland,
notification of intent to engage in a de novo
activity (supplying computer output microfilm
services, and marketing, storing and processing of
banking, financial, or related economic data such as
performing payroll, accounts receivable or payable,
or billing services for customers and incidental
activities necessary thereto) in Baltimore, Maryland,
through a proposed subsidiary, Equitable Datacorp.
Permitted
**Industrial National Corporation, Providence, Rhode
Island, to engage in de novo activities (consumer
finance; insurance underwriting of credit life
insurance and credit accident and health insurance;
and insurance agency or brokerage in connection with
selling to consumer finance borrowers credit life
insurance, credit accident and health insurance, and
property damage insurance for collateral securing
loans made to borrowers) at 190 S. Broadway, Bartow,
Florida, through a subsidiary, Southern Discount
Company.
10- 5-73
10- 3-73
1
**State Street Boston Financial Corporation, Boston,
10- 1-73
Massachusetts, to engage in a de novo activity
(data processing and other fiduciary services for
financial institutions) at 225 Franklin Street, Boston,
Massachusetts, through a subsidiary, Boston Financial
Data Services, Inc.
3
**Fidelity Corporation of Pennsylvania, Rosemont,
10- 6-73
Pennsylvania, to engage in de novo activities
(making consumer loans, including second mortgage
loans, where legally permitted; selling credit life,
credit health and accident insurance to borrowers; and
selling casualty insurance on collateral securing such
loans) in Fort Myers, St. Petersburg, Vero Beach,
Miami, Sarasota, Jacksonville, and Bradenton, Florida,
through its subsidiary, Local Finance Company of Florida.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
H.2
1973 No. 40
2
4
-13_
Permitted Continued
**First National City Corporation, New York, New York,
10- 6-73
to engage in de novo activities (making consumer
installment personal loans, purchasing consumer
installment sales finance contracts; and acting as
broker for the sale of consumer credit related
property and casualty insurance; if this proposal is
effected Nationwide will offer to sell insurance as
follows: (a) group credit life/accident and health
insurance to cover the outstanding balances of loans
to borrowers in the event of their death, or, to make
the contractural monthly payments on the loans in the
event of the borrowerfs disability, (b) individual
casualty insurance on property, generally automobiles
and household goods, subject to security agreements
with Nationwide; further, in regard to the sale of
credit related insurance, Nationwide will not offer
insurance counseling) through its subsidiaries,
Nationwide Financial Corporation of Florida, and Nationtionwide Acceptance Corporation of Florida, in Miami,
Florida; and Nationwide Financial Corporation of
Louisiana, in Chalmette, Louisiana.
**Mellon National Corporation, Pittsburgh, Pennsylvania,
through its wholly-owned subsidiary Mellon National
Leasing Corporation, Pittsburgh, Pennsylvania, to
engage in de novo activities (leasing personal
property and equipment, or acting as agent, broker, or
adviser in leasing of such property, where at the
inception of the initial lease the expectation is that
the effect of the transaction and reasonably
anticipated future transactions with the same lessee
as to the same property will be to compensate the
lessor for not less than the lessor1s full investment
in the property; making or acquiring, for its own
account or for the account of others, loans and other
extensions of credit primarily to finance the
acquisition of personal property and equipment; such
loans would include, but not be limited to, the
financing of conditional sales agreements) through a
subsidiary, Mellon Leasing Company, Robinson Township,
McKees Rocks, Pennsylvania.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
9-30-73
H.2
1973 No. 40
4
-14Pemitted Continued
**Union Financial Corporation, Cleveland, Ohio, to
10- 6-73
retain shares in Wellington Mortgage Corporation,
Menton, Ohio, engaged in de novo activities
(originating and servicing mortgage loans, for its
own account or for the account of others, and other
incidental activities related to operating a
mortgage company) through its indirect whollyowned subsidiary, Union Service Corporation, Cleveland,
Ohio.
6
**Citizens and Southern Holding Company, Atlanta,
Georgia, to engage in de novo activities (making,
originating, or servicing loans and other extensions
of credit for any one person, including consumer
installment loans) through a subsidiary, The Citizens
and Southern Servicing Company, Atlanta, Georgia.
10- 1-73
7
**FBT Bancorp., South Bend, Indiana, to engage in
de novo activities (making, acquiring, or
servicing loans or other extensions of credit for
personal, family, household, or commercial purposes;
the sale of credit life insurance; and carrying on of
all activities related and incidental to the
operation of a finance business) at an additional
office in South Bend, Indiana, through a subsidiary,
FBT Capital Corporation, South Bend, Indiana.
10- 6-73
10
**D.H. Baldwin Co., Cincinnati, Ohio, to engage in a
de novo activity (leasing personal property or
equipment, or acting as agent, broker, or adviser
in leasing of such property) in Cincinnati, Ohio,
through Baldwin Leasing Services, a division of
Baldwin Finance Co., a subsidiary of D.H. Baldwin Co.
10-5-73
11
**First International Bancshares, Inc., Dallas, Texas,
to engage in a de novo activity (investment
advisory services) in Dallas, Texas, through a
wholly-owned subsidiary, First International
Investment Management, Inc.
10-2-73
12
**Commercial Security Bancorporation, Ogden, Utah, to
engage in a de novo activity (leasing personal
property and equipment, or acting as agent, broker,
or adviser in the leasing of such property) at 2491
Washington Boulevard, Ogden, Utah, through its
subsidiary, CSB Leasing Inc.
10- 6-73
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
•
H. 2
1973 Mo. 40
#
-15-
Withdrawn
**Gamble~Skogmo, Inc., Minneapolis, Minnesota,
notification of intent to acquire not less than 55
per cent of the outstanding shares of First Executive
Corporation, Beverly Hills, California ("FEC"). FEC
is primarily engaged in the life insurance business
through 100 per cent control of the following
subsidiaries: Executive Security of California, Inc.,
Executive Financial Services Corporation, Executive
Funding Corporation, Executive Vermoegensbilgungs-u.
Vorsorge G.m.b.H., and Executive Life Insurance
Company. In addition, FEC indirectly owns control of
Executive Life Insurance Company of New York and
Erste Augsburger Leben Versicherungs A.G. through its
wholly-owned subsidiary, Executive Life Insurance
Company.
10-2-73
* * * * *
7
7
7
To Expand a Bank Holding Company Pursuant to Section
4(c)(12) of the Bank Holding Company Act of 1956
Received
**The Jacobus Company, Milwaukee, Wisconsin, notification
of intent to acquire Schaetzel Oil, Inc., and
Janella, Inc., both located in West Bend, Wisconsin,
whose principal line of business is fuel oil.
**Sterling Precision Corporation, West Palm Beach,
Florida, notification of intent to acquire
Associated Auto Parts, Inc., and Vaughn and
Wright, Inc., both of Fort Lauderdale, Florida,
whose principal line of business is the
distribution of automotive replacement parts.
10- 3-73
10- 3-73
Permitted
**Lumbermens Mutual Casualty Company, Long Grove,
Illinois, to acquire all of the outstanding stock
of LaBow, Haynes Company, Inc., Seattle, Washington,
which operates as an incorporated insurance
brokerage house, indirectly through its subsidiary
Kemperco, Inc., Long Grove, Illinois.
**4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf
of the Board of Governors under delegated authority.
9-30-73
@FedFRASER