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 M", i i r .:; CHANGES IN STATE B M MEMBERSHIP: ^ Pistrict Capital Date I f. ' $20,000,000 11-26-32 I" Z. £ Admitted to Membership 2 President and D i r e c t o r s of the Manhattan Company, New York, N. Y. & Absorbed "by S t a t e Member 2 / 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. ,i| Succeeded by Monmember 9 ,> f,\\ ,/£ C ; v r >v§5 Voluntary Withdrawal TM ^ ^ NATIONAL BANKS GRANTED TRUST POWERS: 'x 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 2 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 $ ^ ,