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FEDERAL RESERVE BOARD
WASHINGTON
X-1530

FEDERAL RESERVE BOARD ANNOUNCEMENT
WEEK ENDED AUGUST 3., 1928.
CHANGES IN STATE BANK MEMBERSHIP:
Dist.
Admitted to Membership:
None.
Absorption of Nonmember:
2

The Franklin Bank and Trust Co., Newark, N. J . , has
absorbed the Washington Trust Co., Newark, N. J . , a nonmember,
and changed i t s t i t l e to Franklin-Washington T r u s t Co.
7-21-28
:

4
5

Voluntary Withdrawals:

Bellevue Savings & Trust Co., Bellevue, Pa.
Nicholson Bank & Trust Co., Union, S. C.

6-27-28
8 - 1-28

Consolidated with National Bank:
11

F i r s t S t a t e Bank, White Deer, Texas. (Consolidated with
and under t i t l e of F i r s t National Bank of White Deer, Texas).

8 - 1-28

AUTHORIZED TO ACCEPT DRAFTS AND BILI5 OF EXCHANGE
UP TO 100 PER CENT OF CAPITAL AND SURPLUS:
6

Merchants National Bank, Mobile, Ala.

8 - 3-28

PERMISSION GRANTED TO EXERCISE TRUST POWERS:
1
3
4
5
10
10

Gloucester National Bank, Gloucester, Miss.
Prospect National Bank, Trenton, N. J .
City National Bank, Dayton, Ohio.
C l i f t o n Forge National Bank, C l i f t o n Forge, Va.
(Supplemental)
F i r s t National Bank, Chanute, Kans.
~
F i r s t National Bank, Osmond, Nebr.




8 - 3-28
7-30-28
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7-30-28