Full text of K.3 Changes in State Member Banks : December 2, 1932

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OARY or THE FEDER'L

FEDERAL RESERVE BOARD ANNOUNCELiENT
WEEK ENDED DECEMBER 2, 1932

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CHANGES IN STATE B M MEMBERSHIP:

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Pistrict

Capital

Date

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$20,000,000

11-26-32

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Admitted to Membership
2

President and D i r e c t o r s of the Manhattan Company,
New York, N. Y.

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Absorbed "by S t a t e Member
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22,250,000

11-26-32

100,000

10-31-32

Drovers State Bank, South S t . Paul, Minn., member
100,000
Merged with Exchange State Bank, nonmember, under new
c h a r t e r and t i t l e of Drovers Exchange S t a t e Bank,
nonmember.

11-21-32

11

F i r s t S t a t e Bank, Rochester, Texa,s, member
Succeeded by Home S t a t e Bank, nonmember.

25,000

11-28-32

12

Live Stock S t a t e Bank, North P o r t l a n d , Oreg.

50,000

11-29-32

4

Bank of Manhattan Trust Co., New York, N. Y.
Absorbed by President and D i r e c t o r s of the Manh a t t a n Company, New York, N. Y.
F i r s t - C i t y Savings Bank, Barberton, Ohio, member
Absorbed by F i r s t Central Trust Co., Akron, Ohio,
member.

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Succeeded by Monmember
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Voluntary Withdrawal

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NATIONAL BANKS GRANTED TRUST POWERS:

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12

F i r s t National Bank, Eugene, Oreg. (Additional powers)

11-21-32

AUTHORIZED TO ACCEPT DRAFTS AND BILLS OF EXCHANGE
UP TO 100 PER CENT OF CAPITAL AND SURPLUS
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P r e s i d e n t and D i r e c t o r s of the Manhattan Company, New York, N.Y. 11-26-32




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