h2_19730804.pdf

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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. 31 During the Week Ending August 4, 1973

District Date

Current Report Filed Pursuant to Section 13 of the Securities Exchange Act

Received 4 The Barter Bank & Trust Company, Canton, Ohio 8-2-73

* * * -k *

Proxy Statement (Special Meeting) Filed Pursuant to Section 14(a) of the Securities Exchange Act

Received Mountain Trust Bank, Roanoke, Virginia 7-30-73

* * * * *

Ownership Statement Filed Pursuant to Section 13(d) of the Securities Exchange Act

Received The Fifth Third Bank, Cincinnati, Ohio 7-30-73

(Filed by Cincinnati Financial Corporation)

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Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2 1973 No. 31

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 State Bank of Gerro Gordo, Cerro Gordo, Illinois

* * * * *

To Establish a Domestic Branch Pursuant to Section 9 of the Federal Reserve Act

Received 2 Manufacturers Hanover Trust Company, New York, New York.

Branch to be established at the Northwest corner of Stewart Avenue and South Street, Garden City East (Unincorporated Area), Town of Hempstead, Nassau County.

6 Bank of West Blocton, West Blocton, Alabama. Branch to be established in the Woodstock or Greenpond Communities of Bibb County.

12 Washington Trust Bank, Spokane, Washington. Branch to be established at West 105 Eighth Avenue, Spokane.

Approved 1 *The Connecticut Bank and Trust Company, Hartford, Connecticut.

Branch to be established in the vicinity of Queen Street and Church Hill Road, Newton.

* * * * *

*Application processed by the Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2 1973 No. 31 - 3 -

To Establish an Overseas Branch of a Member Bank Pursuant to Section 25 of the Federal Reserve Act

Received 2 Bankers Trust Company, New York, New York. To establish

a branch in Georgetown, Grand Cayman, Cayman Islands.

2 Marine Midland Bank-New York, New York City, New York. To establish a branch in Tokyo, Japan.

6 The Hibernia National Bank in New Orleans, New Orleans, Louisiana. To establish a branch in Georgetown, Grand Cayman, Cayman Islands.

6 The First National Bank of Birmingham, Birmingham, Alabama. To establish a branch in Georgetown, Grand Cayman, Cayman Islands.

Approved 12 First National Bank of Oregon, Portland, Oregon. To

establish a branch in Georgetown, Grand Cayman, Cayman Islands.

Thirty Day Notice of Intention to Establish An Additional Branch in a Foreign Country

Received First National City Bank, New York, New York. To establish an additional branch in Colombia to be located at Barranquilla,

Approved First National City Bank, New York, New York. To establish an additional branch in Barbados to be located in Holetown.

First National City Bank, New York, New York. To establish an additional branch in Managua, Nicaragua.

First National City Bank, New York, New York, To establish an additional branch in Haiti at Port-au-Prince.

* * * * *


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H.2 1973 No. 31 - 4 -

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 2 Bankers Trust Company, New York, New York. To organize

a corporation to be known as Bankers Trust International Corporation in Houston, Texas.

* * * * *

To Merge Pursuant to Section 18(c) of the Federal Deposit Insurance Act

Received 4 The Farmers State'Bank of Lyons, Ohio, Lyons, Ohio

for prior approval to merge with The Peoples Savings Bank Company, Delta, Ohio,

* Vc -k >'

To Form a Bank Holding Company Pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956

Received First Dundee Corporation, Chicago, Illinois, for prior approval to acquire 92.5 per cent of the voting shares of The First National Bank of Dundee, Dundee, Illinois.

Norbank, Inc., Chicago, Illinois, for prior approval to acquire 98.9 per cent of the voting shares of Northbrook Trust & Savings Bank, Northbrook, Illinois.

West Dakota Corporation, Lead, South Dakota, for prior approval to acquire 84.78 per cent or more of the voting shares of Miners and Merchants Bank, Lead, South Dakota.

Approved Citizens Bancshares Corporation, Atlanta, Georgia, for prior approval to acquire 100 per cent of the voting shares (less directors1 qualifying shares) of the successor by merger to Citizens Trust Company, Atlanta, Georgia.

Mid-America Fidelity Corporation, Ann Arbor, Michigan, for prior approval to acquire 100 per cent of the voting shares of the successor by merger to Ann Arbor Bank, Ann Arbor, Michigan

First Bancshares, Incorporated, Bartlesville, Oklahoma, for prior approval to acquire 100 per cent (less directors' qualifying shares) of the voting shares of the successor by merger to First National Bank in Bartlesville, Bartlesville, Oklahoma.

The Bancapital Financial Corporation, Austin, Texas, for prior approval to acquire 100 per cent of the voting shares (less directorsT qualifying shares) of the successor by merger to The Capital National Bank in Austin, Austin, Texas.

Trinity Development Company, Liberty, Texas, for prior approval to acquire an addition 22.9 per cent of the voting shares of The First Liberty National Bank, Liberty, Texas.


To Expand a Bank Ho Ming Company Pursuant to Section 3(a)(3) of the Bank Holding Company Act of 1956

Received Northeast Eankshare Association, Lewiston, Maine,

for prior approval to acquire at least 80 per cent of the voting shares of Sanford Trust Company, Sanford, Maine.

Central National Corporation, Richmond, Virginia, for prior approval to acquire 100 per cent of the voting shares of the successor by merger to City Savings Bank and Trust Company, Petersburg, Virginia.

Ellis Banking Corporation, Bradenton, Florida, for prior approval to acquire 100 per cent of the voting shares (less directorsT qualifying shares) of Commercial Bank of Sarasota, Sarasota, Florida, a proposed new bank.

First Wisconsin Bankshares Corporation, Milwaukee, Wisconsin, for prior approval to acquire 80 per cent or more of the voting shares of First Wisconsin Bank of West Green Bay, Ashwaubenon, Wisconsin, a proposed new bank.

Approved American Bancshares, Incorporated, North Miami, Florida

for prior approval to acquire at least 90 per cent of the outstanding voting shares of The Seminole Bank of Tampa, Tampa, Florida.

American Bancshares, Incorporated, North Miami, Florida for prior approval to acquire at least 80 per cent of the outstanding voting shares of University City Bank, Gainesville, Florida.

First Amtenn Corporation, Nashville, Tennessee, for prior approval to acquire 80 per cent or more of the voting shares of The First National Bank of Tullahoma, Tullahoma, Tennessee.

Third National Corporation, Nashville, Tennessee, for prior approval to acquire 100 per cent of the voting shares of the successor by merger to The Union Bank, Pulaski, Tennessee.


Approved Continued Northwest Bancorporation, Minneapolis, Minnesota, for prior approval to acquire 90 per cent or more of the voting shares of Bettendorf Bank and Trust Company, Bettendorf, Iowa.

Northwest Bancorporation, Minneapolis, Minnesota, for prior approval to acquire 90 per cent or more of the voting shares of Security State Bank, Keokuk, Iowa.

First Bancorp, Inc., Corsicana, Texas, for prior approval to acquire 1200 shares of the voting shares through a rights offering by First National Bank, Fairfield, Texas (formerly The First National Bank of Streetman, Streetman, Texas).

* * * * *

To Expand a Bank Holding Company Pursuant to Section 3(a)(5) of the Bank Holding Company Act of 1956

Approved Atlantic Bancorporation, Jacksonville, Florida, for prior approval to merge with Citizens Bancshares of Florida, IncHollywood, Florida.

* * * * *

To Expand a Bank Holding Company Pursuant to Section 4(c)(8) of the Bank Holding Company Act of 1956

Received First Jersey National Corporation, Jersey City, New Jersey, for prior approval to acquire the assets of Delaney Finance Co., Inc., Providence, Rhode Island.


H.2 1973 No, 31 - 8

Received Continued **First National City Corporation, New York, New 7-24-73

York, notification of intent 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 life-accident and health insurance and consumer credit related property and casualty insurance; if this proposal is effected, Nationwide Financial Corporation of Florida 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 contractual monthly payments on the loans in the event of xthe borrowers disability, (b) individual casualty insurance on property, generally automobiles and household goods, subject to security agree-ments with Nationwide; further in regard to the sale of credit related insurance, Nationwide Financial Corporation of Florida will not offer insurance counseling) in Tampa, Florida, through a subsidiary, Nationwide Financial Corporation of Florida.

3 **FidelIty Corporation of Pennsylvania, Rosemont, 8- 1-73 Pennsylvania, notification of intent to shift a de novo activity (commercial financing) from its subsidiary bank, The Fidelity Bank, to a new office of its subsidiary, Commercial Capital Corporation, in Philadelphia, Pennsylvania.

3 **Fidelity Corporation of Pennsylvania, Rosemont, 7-30-73 Pennsylvania, notification of intent to engage in de novo activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit, including issuing letters of credit and accepting drafts, such as would be made for example, by a mortgage, finance, credit card, or factoring company, with particular emphasis on arranging for loans or other extensions of credit, for the account of others, on a placement or finder?s fee basis;

**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. 31 - 9 -

Received Continued servicing loans and other extensions of credit for any person; and activities within the ''servicing" exemption of Section 4(c)(1)(c) of the Bank Holding Company Act including the development of business for Fidelity and its subsidiaries) through a subsidiary to be known as CCT-Financial Services Corporation, New Haven, Connecticut.

4 Union Commerce Corporation, Cleveland, Ohio, for prior approval to acquire 100 per cent of the outstanding shares of Bjork Associates, Inc., New York, New York.

5 **Bank of Virginia Company, Richmond, Virginia, 7-31-73 notification of intent to engage in de novo activities (making loans or extensions of credit such as would be made by a finance company; and acting as agent for credit life, accident and health insurance arising out of business conducted) through its subsidiary, The Budget Plan Company of Virginia (a subsidiary of General Finance Service Corporation), in a new location, Hopewell, Virginia.

5 **Dominion Bankshares Corporation, Roanoke, Virginia, 7-30-73 notification of intent to engage in de novo activities (originating residential, commercial, and industrial mortgage loans, for its own account but principally for sale to others; servicing such loans for others; and writing, as agent, credit life, credit accident and health, and mortgage redemption insurance in connection with such mortgage loans) through its subsidiary, Metropolitan Mortgage Fund Inc., in a new location, Virginia Beach, Virginia.

5 First Bankshares Corp. of S.C., Columbia, South Carolina, for prior approval to acquire all the shares of August Kohn & Company, Incorporated, Columbia, South Carolina.

5 First Bankshares Corp. of S.C., Columbia, South Carolina, for prior approval to acquire all the shares of Stevenson, Zimmerman & Co., Charleston, South Carolina.



H.2 1973 No. 31 - 10 -

Received Continued 6 **Community Banks of Florida, Inc., Seminole, Florida, 8-2-73

notification of intent to engage in a de novo activity (acting as investment adviser for Community Investors of Florida, a real estate investment trust) through a subsidiary McCormick Mortgage Advisors, Inc., in St. Petersburg, Florida.

6 **First National Holding Corp., Atlanta, Georgia, 8-2-73 notification of intent to engage in de novo activities (leasing personal property and equipment, or acting as agent, broker or adviser in leasing of such property; and making or acquiring, for its own account or for the account of others, loans and other extensions of credit) in Atlanta, Georgia, through its subsidiary, First South Leasing Company.

6 **Third National Corporation, Nashville, Tennessee, 7-30-73 notification of intent to engage in de.novo activities (making of installment loans directly to borrowers and discounting of installment notes receivable issued to dealers by purchasers; and acting as insurance agent or broker in selling insurance to borrowers from such finance subsidiary, to include credit life insurance, accident and health insurance, and property damage insurance for collateral supporting loans made by such finance subsidiary) through its subsidiary, Friendly Finance, Incorporated, in Starkville, Mississippi.

6 **Third National Corporation, Nashville, Tennessee, 8-1-73 notification of intent to engage in de novo activities (conducting the business of a mortgage company including the making or acquiring, for its own account or for the account of others, loans and others extensions of credit; servicing loans and other extensions of credit for any person; and to act as agent or broker in the sale of mortgage redemption insurance and credit life, accident and health insurance) through its subsidiary, John W. Murphree Company, in Chattanooga, Tennessee.


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H.2 1973 No. 31 - 11 -

Received Continued 7 Twin Gates Corporation, Wilmington, Delaware and

Northern States Bancorporation, Inc., Detroit, Michigan, for prior approval to acquire all of the shares of Kelly Mortgage and Investment Company, Flint, Michigan.

8 **First Tennessee National Corporation, Memphis, 8-3-73 Tennessee, notification of intent to engage in de novo activities (making or acquiring, for its own account, interest-bearing and discount loans and other extensions of credit; and offering through the direct insurer or reinsurer, insurance that is directly related to an extension of credit by a company or its subsidiaries) in St. Freeport, Illinois, through its subsidiary, Crown Finance Corp., St. Louis, Missouri.

9 Jacob Schmidt Company and American Bancorporation, Inc., both of St. Paul, Minnesota, for prior approval to acquire 100 per cent of the out-standing stock of Lake City Agency, Inc., Lake City, Minnesota.

11 First Texas Bancorp, Inc., Georgetown, Texas, for permission to retain all the shares of First Texas Development Corporation, Georgetown, Texas.

12 **First Security Corporation, Salt Lake City, Utah, 7-30-73 notification of intent to relocate de novo activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit such as are normally made by a mortgage company; and servicing such accounts for itself and for others) from 917 West Idaho Street, Boise, Idaho, to 6431 Fairview Avenue, also known as Unit No. 101, Linda Vista Plaza Shopping Center, Boise, Idaho, through its subsidiary, Utah Mortgage Loan Corporation.


i Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2 1973 No. 31 - 12 -

Received Continued 12 **Utah Bancorporation, Salt Lake City, Utah, notification 7-16-73

of intent to engage in a de novo activity (making or acquiring, for its own account or for the accounts of others, loans and other extensions of credit, including issuance of letters of credit and accept-ing drafts, such as would be made by a mortgage company; and servicing loans and other extensions of credit for any person) in Salt Lake City, Utah, through its subsidiary, Valley Mortgage Corporation.

Approved 6 Deposit Guaranty Corp., Jackson, Mississippi, for

prior approval to acquire all the voting shares of Bridges Loan & Investment Company, Inc., Jackson, Mississippi.

6 Tennessee Valley Bancorp, Inc., Nashville, Tennessee, for prior approval to acquire 90 per cent or more of the voting shares of Kimbrough-Kavanaugh and Associates, Inc., Nashville, Tennessee.

12 Patagonia Corporation, Tucson, Arizona, for prior approval to acquire Western America Insurance Agency, Phoenix, Arizona.

Denied 2 Bankers Trust New York Corporation, New York, New York,

for prior approval to acquire all of the voting shares of Public Loan Company, Inc., Binghamton, New York.


"i Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H. 2 1973 No. 31 - 1 3 -

Permitted 1 **First National Boston Corporation, Boston, 8- 2-73

Massachusetts, to engage in a de novo activity (providing bookeeping or data processing services for the internal operations of First National Boston Corporation and its subsidiaries, storing and processing banking, financial, or related economic data, such as performing payroll, accounts receivable or payable, or billing services for others, and providing all such other services and engaging in all such other activities as are incidental to any of the foregoing) in Boston, Massachusetts, through subsidiaries to be known as First Bank Data Services and FBC, Inc.

1 ^Industrial National Corporation, Providence, Rhode 7-30-73 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 a new office in Buford, Georgia, through its subsidiary, Southern Discount Company.

1 **Industrial National Corporation, Providence, Rhode 8- 3-73 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 a new office in Newnan, Georgia, through its subsidiary, Southern Discount Company.

1 **State Street Boston Financial Corporation, Boston, 8- 4-73 Massachusetts, to engage in a de novo activity (mortgage banking) at an office in Boston, Massachusetts, through a subsidiary to be known as SSB Mortgage Company, Inc.



H.2 1973 No. 31 - 14 -

Permitted Continued 2 **First National City Corporation, New York, New York, 8- 1-73

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 life-accident and health insurance and consumer credit related property and casualty insurance; if this proposal is effected, Nationwide Financial Corporation of Missouri 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 contractual monthly payments on the loans in the event of the borrowers 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, insurance counseling will not be offered) in St. Charles, Missouri, through a subsidiary, Nationwide Financial Corporation of Missouri,

3 **Heritage Bancorporation, Cherry Hill, New Jersey, 8- 4-73 to engage in de novo activities (making or acquiring, for its own account or for the account of others, loans secured by projects, or vacant land; servicing of mortgage loans, for its own account and for the account of others, including conventional, FHA, VA and commercial loans; and acting as sales agent for credit life insurance and credit accident and health insurance on mortgage loans originated or serviced by the company) in Camden, New Jersey, through a subsidiary to be known as Heritage Mortgage Finance Company.

5 **Bank of Virginia Company, Richmond, Virginia, to 8- 1-73 relocate de novo activities (making loans or extensions of credit such as would be made by a finance company; and acting as agent for credit life, accident and health insurance and other insurance written to protect collateral during the period of credit extension) operating under the name Budget Plan Consumer Discount Company of Harrisburg, from 5 North Market Square, Harrisburg, Pennsylvania, to Union Deposit Mall, Union Deposit Road, Harrisburg, Pennsylvania, through its subsidiary, General Finance Service 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. 31 - 15

Permitted Continued 5 **First & Merchants Corporation, Richmond, Virginia, 8- 3-73

to engage in de novo activities (making mortgage loans principally secured by second mortgages on residential and commercial real estate and such other incidental activities as may be necessary to the business of making such loans, including acting as agent for the sale of credit life, credit disability, mortgage redemption and mortgage cancellation insurance in connection with the making of such loans) through its subsidiary, First Realty Mortgage Corporation, at a new location in Newport News, Virginia.

5 **First Virginia Bankshares Corporation, Falls Church, 7-28-73 Virginia, to engage in d novo activities (operating as a finance company, including the extension of small personal loans; financing retail instalment sales; granting real estate loans, primarily second mortgage loans; and acting as agent or broker in the sale of property insurance, credit life insurance and credit accident and health insurance only to its loans customers) through its subsidiary, First General Financial Services, Inc. (formerly Benson Investment Corporation), at a new location in Jackson, Mississippi.

5 **First Virginia Bankshares Corporation, Falls Church, 8- 2-73 Virginia, to engage in de novo activities (operating a finance company, including the extension of small personal loans; financing retail instalment sales; granting real estate loans, primarily second mortgage loans; and acting as agent or broker in the sale of property insurance, credit life insurance and credit accident and health insurance only to its loan customers) through its subsidiary, First General Financial Services, Inc. (formerly Benson Investment Corporation), at a new location in Mauldin, South Carolina.

**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. 31 - 1 6 -

Permitted Continued 6 **First Amtenn Corporation, Nashville, Tennessee, 7-29-73

to engage in a de novo activity (acting as agent or broker in selling the following types of insurance to borrowing customers in connection with loans made by Atlantic Discount Company, Inc., and its subsidiaries: credit indemnity insurance, which protects both the lender and the borrower in the event the collateral is insufficient to satisfy a loan upon default; and errors and omissions insurance which protects both the lender and the borrower to the extent that collateral is not covered by specific insurance because no specific insurance or invalid or insufficient insurance exists) in Jacksonville, Florida, through its subsidiary, Atlantic Investment Corp.

6 **First National Holding Corp., Atlanta, Georgia, 7-29-73 to engage in a de novo activity (making loans principally secured by second mortgages on single family residences, for its own account) through its subsidiary, First South Homeowners Co., Inc., in Mobile, Alabama.

6 **First at Orlando Corporation, Orlando, Florida, 8- 4-73 to engage in a de novo activity (serving as the advisory company for a mortgage or real estate investment trust; serving as investment adviser, as defined in Section 2(a)(20) of the Investment Company Act of 1940, to an investment company registered under that Act; furnishing general economic information and advice, general economic statistical forcasting services and industry studies; and providing financial advice to State and local governments, such as with respect to the issuance of their securities) in Orlando, Florida, through its subsidiary, Invescap of Florida, Inc.


*1 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.2 1973 No. 31 - 17 -

Permitted Continued 6 **Third National Corporation, Nashville, Tennessee> 8- 2-73

to relocate activities engaged in de novo (making of installment loans to borrowers and discounting of installment notes receivable issued to dealers by purchasers; and acting as insurance agents or broker in selling credit life insurance, accident and health insurance, and property damage insurance for collateral supporting loans made by such finance subsidiary) from 77608 S. Penn, Oklahoma City, Oklahoma, to 1516 S.W. 59, Oklahoma City, Oklahoma, through its subsidiary, Friendly Finance, Incorporated.

7 ^Continental Illinois Corporation, Chicago, Illinois, 8- 4-73 to engage directly in de novo activities (making or acquiring, for its own account or for the account of others, secured or unsecured loans and other extensions of credit to or for business, governmental and other institutional customers, entities or projects and to or for other customers, entities (including not-for-profit organizations) or projects similar to any of the foregoing, in principal amounts not less than $100,000 for any transaction or group of related transactions comprising any one financial accommodation, including issuing letters of credit, undertaking secondary obligations similar in effect thereto and accepting drafts); and servicing loans and other extensions of credit for others) in Chicago, Illinois.

7 **Marshall & Ilsley Corporation, Milwaukee, Wisconsin, 8- 2-73 to engage in de novo activities (originating, acquiring, selling and servicing residential and commercial mortgage loans as well as making construction and development mortgage loans and performing such other incidental activities necessary to conduct a mortgage banking business) through a subsidiary, M & I Mortgage Co., Inc., Milwaukee, Wisconsin.

**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. 31 - 1 8 -

Permitted Continued 8 **T G Bancshares Co., St. Louis, Missouri, to engage 7-30-73

in a de novo activity (establishing and operating a computer service center which will: provide data processing and bookkeeping services for participating investor banks, the internal operations of the holding company, its subsidiaries, correspondent banks and/or unrelated participating banks; store and process other banking, financial or related economic data; furnish facilities and operating personnel to the data processing program; and/or carry on permissible incidental activities to the extent excess computer time and facilities are available) through acquisition and/or retention of shares of Financial Computing Corporation of Cameron, Cameron, Missouri, by Financial Computing Corporation of Missouri, a direct subsidiary of T G Bancshares Co.

10 **Guaranty Loan and Investment Corporation of Tulsa, 7-30-73 Inc., Tulsa, Oklahoma, to engage in de novo activities (industrial banking; and the sale of credit life, accident and health insurance) at a branch office in Tulsa, Oklahoma.

Correction: 12 **0n H.2 No. 12, the Board reported as permitted: 3-19-73

Patagonia Corporation, Tuscon, Arizona, to retain de novo activities (acting as a consumer ^ace company; and acting as insurance agent in connection with insurance directly related to the extension of credit to the subsidiary!s borrowers) in Las Vegas, Nevada, through a subsidiary known as Advance Mortgage Company of Nevada. The subsidiary name should have been Advance Loan Company of Nevada.

Withdrawn 1 On H.2 No. 16, the Board reported receipt of an

application from Berkshire Bancorp Inc., Pittsfield, Massachusetts, for permission to retain the shares of 0-T-C Investor Service Corporation, Pittsfield, Massachusetts and New York, New York. In a letter dated July 16, 1973, Applicant requested that the application be withdrawn.

**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. 31 - 1 9 -

To Expand a Bank Holding Company Pursuant to Section 4(c)(12) of the Bank Holding Company Act of 1956

Received 2 **Warner Communications, New York, New York, notification 8- 3-73

of intent to acquire the stock interests of wholly-owned subsidiaries of Triangle Financial, Inc.; the subsidiaries, whose stock is being acquired, own and operate Cable Television Systems serving Binghamton, New York; and Lebanon, Pennsylvania.

2 **Warner Communications, New York, New York, notification 7- 5-73 for permission to retain Uris Buildings Corporation, through its subsidiary, National Kinney Corporation, New York, New York.

Accelerated 2 **Warner Communications, New York, New York, permission 7-25-73

to retain Uris Buildings Corporation, through its subsidiary, National Kinney Corporation, New York, New York.

Permitted 4 ^Midwestern Fidelity Corporation, Milford, Ohio, 8- 2-73

to merge Investors Fidelity Corporation, Birmingham, Alabama, into its wholly-owned subsidiary, Land-del Corporation, Cincinnati, Ohio.

**4 (c)(8) and 4(c)(12) notifications processsed by Reserve Bank on behalf of the Board of Governors under delegated authority.


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h2_19730804.pdf