h2_19770122.pdf

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE

FEDERAL RESERVE SYSTEM OR.2, 1977 No. 4)

Actions of the Board; Applications and Reports

Received During the Week Ending January 22, 1977

ACTIONS OF THE BOARD

Regulation B, the Board adopted five model application forms designed to help small creditors comply with the Equal Credit Opportunity Act.

Hillman State Bank, Hillman, Michigan, proposed consol-idation with Alpena Savings Bank, Alpena, Michigan, report to the Federal Deposit Insurance Corporation on competitive factors.

Deregistration under the provisions of Regulation G for Master Funding Corp., Columbus, Ohio. 1/

First Bank System, Inc., Minneapolis, Minnesota, extension of time to March 15, 1977, within which to acquire First National Bank of Burnsville, Burnsville, Minnesota. 1/

First Okmulgee Corporation, Okmulgee, Oklahoma, extension of time to May 15, 1977, within which to consummate the acquisition of The First National Bank and Trust Company of Okmulgee, Okmulgee, Oklahoma. 1/

Harris Trust and Savings Bank, Chicago, Illinois, to make an investment in bank premises. 1/

Rock Island Bank, Rock Island, Illinois, to make an invest-ment in bank premises. 1/

United California Bank, Los Angeles, California, extension of time to August 21, 1977, within which to establish a branch in the vicinity of the intersection of Stevens Creek Boulevard and Saich Way, City of Cupertino, Cali-fornia. V

Bentonville State Bank, Bentonville, Indiana, application for permission to exercise full trust powers. 1J

T7Application processed on behalf of the Board of Governors under delegated authority.

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

H.2, 1977 No. 4 — 2 ~

ACTIONS OF THE BOARD-Continued

Citibank Overseas Investment Corporation, Wilmington, Delaware, extension of time within which to purchase and hold directly and indirectly, all the minority held shares of Societe de Credit Pour LfAcquisition et LfAmelioration des Immeubles, S.A., Paris, France. 1/

Barnett Bank of Tallahassee North, Tallahassee, Florida, proposed merger with Barnett Bank of Tallahassee, Tallahassee, Florida, report to the Federal Deposit Insurance Corporation on competitive factors. If

Glenbrook & Avenue A National Bank, Garland, Texas, pro-posed merger with First National Bank in Garland, Garland, Texas, report to the Comptroller of the Currency on competitive factors. 1/

Hanover Bank & Trust Company, Hanover, New Hampshire, proposed merger with First United Bank, Hanover, New Hampshire, report to the Federal Deposit Insurance Corporation on competitive factors. 1/

3300 Commerce National Bank, Dallas, Texas, proposed merger with Dallas National Bank in Dallas, Dallas, Texas, report to the Comptroller of the Currency on competitive factors. 1/

3L/ Application processed on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 - 3 -


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

Approved Chemical Bank of Binghamton, Binghamton, New York. Branch to be relocated from 2068 Lake Road, Town of Horseheads, Chemung County, to 1935-1997 Lake Street, Town of Elmira, Chemung County. 2/

The Dollar Savings and Trust Company, Youngstown, Ohio. Branch to be established in the Village Plaza at the intersection of Route 164-Alternate 14 and 46, Village of Columbiana, Beaver Township, Mahoning County. 2/

Provident Bank, Cincinnati, Ohio. Branch to be estab-lished at Madison and Michigan Avenue, Cincinnati, Hamilton County. 2/

The Rock Island Bank, Rock Island, Illinois. Branch to be established at 3411 18th Avenue, Rock Island. 2/

Farmers & Merchants Bank of Central California, Lodi, California. Branch to be established in the vicinity of the intersection of Kettleman Lane and Hutchins Street, Lodi. 2/

* * * * *

To Withdraw from Membership in the Federal Reserve System Without a Six-Month Notice as Prescribed by Section 9 of the Federal Reserve Act

Denied The Exchange Bank and Trust Company, Eldorado, Arkansas. 2J

* * * * *

International Investments and Other Actions Pursuant to Sections 25 and 25(a) of the Federal Reserve Act and Sections 4(c)(9) and 4(c)(13) of the Bank Holding Company Act of 1956, as amended

Approved Bank of America: investment - to continue to hold the shares of Wobaco Holding Company S.A., Luxembourg.

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


H.2, 1977 No. 4 - 4 '


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

Approved Montgomery Bancorporation, Inc., Winchester, Kentucky,

for approval to acquire 80 per cent or more of the voting shares of Montgomery National Bank of Mt. Sterling, Mount Sterling, Kentucky.

First Hanover Park Corporation, Chicago, Illinois, for approval to acquire 80.03 per cent of the voting shares of First State Bank & Trust Company of Hanover Park, Hanover Park, Illinois. 2/

* * * * *

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

Approved Utah Bancorporation, Salt Lake City, Utah, for approval

to acquire 100 per cent of the voting shares (less di-rectors1 qualifying shares) of Utah Valley Bank, Orem, Utah, a proposed new bank. 2/

* * * * *

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

Delayed Citicorp, New York, New York, notification of intent to relocate de novo activities (purchasing and servicing for its own account consumer installment sales finance contracts; and will act as broker for the sale of con-sumer credit related life/accident and health insurance and consumer credit related property and casualty in-surance on purchased consumer installment sales finance-contracts, said insurance will only be offered when such transactions are the equivalent of direct extensions of consumer credit by the subsidiary; if this proposal is effected, the subsidiary will offer to sell insurance as

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


H.2, 1977 No. 4 - 5 ~

ACTIONS OF THE BOARD-Ccmtinued

follows: group credit life/accident and health in-surance to cover the outstanding balances on consumer installment sales finance contracts to obligator's, singly or jointly, with their spouses or co-signers in the case of life coverage in the event of death, or, to make the contractual monthly payments on consumer in-stallment sales finance transactions in the event of the obligators1 disability to the extent permissible under applicable State insurance laws and regulations; indi-vidual casualty insurance on personal property subject to security agreements) from 11950 Airline Drive, Houston, Texas to 12400 1-45 at Greens Road, Houston, Texas, through its subsidiary, Nationwide Financial Corporation (1/20/77) 3/

Citicorp, New York, New York, notification of intent to relocate 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 insur-ance; the insurance which the establishment offers to sell is 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 bor-rower1 s disability; individual physical damage insurance on personal property subject to security agreements including liability only when such insurance is sold as part of an insurance package on such property is also offered; the additional activities are as follows: consumer home equity lending secured by real estate, making loans for the account of others such as one-to-four family unit mortgage loans; the offering to sell level (in the case of single payment loans) term life insurance to cover the outstanding balances of consumer credit transactions, singly or jointly, with their spouses or co-signers in the event of death, or, to make the contractual monthly payments on the consumer credit transactions in the event of the obligator's disability to the extent permissible under applicable State insur-ance laws and regulations; further, in regard to the sale of credit related insurance, the subsidiary will not act as a general insurance agency) from 221 East Camelback Road, Phoenix, Arizona to Town & Country Shopping Center, 2077 East Camelback Road, Phoenix,

3/ 4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 - 6 -


Arizona; from 3832 E. Thomas Road, Phoenix, Arizona to Miller Plaza Shopping Center, Scottsdale, Arizona; and from 3826 W. Indian School Road, Phoenix, Arizona to Metro Center Shopping Center, 9861 Metro Parkway West, Phoenix, Arizona, through its subsidiary, Nationwide Financial Services Corporation and its subsidiary, Nationwide Financial Corporation of Arizona (1/20/77) 3/

Citicorp, New York, New York, notification of intent to relocate <le novo activities (making of consumer install-ment 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, Nation-wide Financial Corporation of Nevada will offer to sell insurance as follows: 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 borrowerTs disability; individual physical damage insurance on personal property subject to security agreements including liability only when such insurance is sold as part of an insurance package on such property; further, in regard to the sale of credit related insurance, Nationwide Financial Corpora-tion of Nevada will not act as a general insurance agency) from 390 N. Virginia Street, Reno, Nevada to 1151 North Rock Boulevard, Sparks, Nevada, through its subsidiary, Nationwide Financial Services Corporation and its subsidiary, Nationwide Financial Corporation of Nevada (1/20/77) 3/

Fidelity Union Bancorporation, Newark, New Jersey, noti-fication of intent to engage in de novo activiites (the business of making loans in the present maximum amount of $5,000.00 or less under the provisions of the Penn-sylvania Consumer Discount Company Act; and making available to customers, credit life insurance and dis-ability insurance covering the unpaid balance of loans outstanding and fire and theft insurance to protect household goods held as collateral during the periods of credit extensions) at 1505 Market Street, Camp Hill, Cumberland County, Pennsylvania, through its subsidiary, Suburban Finance Company and its subsidiary, Sentry Consumer Discount Company (1/20/77) 3/

3? 4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 - 7 -


Fidelity Union Bancorporation, Newark, New Jersey, noti-fication of intent to engage in de novo activiites (the business of making loans in the present maximum amount of $5,000.00 or less under the provisions of the Penn-sylvania Consumer Discount Company Act; and making available to customers, credit life insurance and dis-ability insurance covering the unpaid balance of loans outstanding and fire and theft insurance to protect household goods held as collateral during the periods of credit extensions) at 616 Baltimore Pike, Springfield, Delaware County, Pennsylvania, through its subsidiary, Suburban Finance Company and its subsidiary, Sentry Consumer Discount Company (1/20/77) 3/

Fidelity Union Bancorporation, Newark, New Jersey, noti-fication of intent to engage in de_ novo activities (the business of making loans in the present maximum amount of $5,000.00 or less under the provisions of the Penn-sylvania Consumer Discount Company Act; and making available to customers, credit life insurance and dis-ability insurance covering the unpaid balance of loans outstanding and fire and theft insurance to protect household goods held as collateral during the periods of credit extensions) at Valmont Shopping Center, Route 93, West Hazelton, Luzerne County, Pennsylvania, through its subsidiary, Suburban Finance Company and its subsidiary, Sentry Consumer Discount Company (1/20/77) 3/

Financial Services Corporation of the Midwest, Rock Island, Illinois, notification of intent to engage in de novo activities (making or acquiring, for its own ac-count secured and unsecured installment loans and other extensions of credit including through acceptance of drafts primarily to individuals, and selling partici-pations in but not acting as underwriter, agent, or broker with respect thereto group credit life and credit health and accident insurance coverage directly related to such loans and other extensions of credit) at 821 15th Avenue, East Moline, Illinois, through its subsid-iary, F.S.C. Money Shops, Inc. (1/21/77) 3/

Northern States Bancorporation, Inc., Detroit, Michigan, notification of intent to relocate de novo activities (mortgage banking activities by originating residential, commercial and industrial mortgage loans for its own account but principally for sale to others, servicing such loans for others, and acting as an investment or a

37 4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 - 8 -


financial adviser to the extent of serving as the advi-sory company for a mortgage or real estate investment trust) from 717 S. Grand Traverse Street, Flint, Michigan to G 3306 W. Corunna Road, Flint, Michigan, through its subsidiary, Kelly Mortgage and Investment Company (1/21/77) 3/

Security Pacific Corporation, Los Angeles, California, notification of intent to engage in jle novo activities (acting as broker or agent for the sale of credit re-lated property and casualty insurance) at 1322 East Shaw Avenue, Fresno, California, through its subsidiary, Security Pacific Finance Corp. (1/19/77) 3/

Security Pacific Corporation, Los Angeles, California, notification of intent to engage in dje novo activities (acting as broker or agent for the sale of credit re-lated property and casualty insurance) at Olympic Plaza Building, 1243 Alpine Road, Walnut Creek, California, through its subsidiary, Security Pacific Finance Corp. (1/19/77) V

Permitted Citicorp, New York, New York, notification of intent to engage in <le novo activities (operating as an Industrial Loan Company (Morris Plan), issuing thrift certificates and thrift passbook certficates; offering to sell life insurance equal to the difference between the maturity value of a thrift certificate purchase plan or periodic thrift certificate purchases over a specified term and the balance at the time of the customer's death in compliance with all applicable State laws and regula-tions) at Cottonwood Mall Shopping Center, Inc., 4835 South Highland Drive, Salt Lake City, Utah and 2085 West 3500 South, Granger, Utah, through its subsidiary, Nationwide Financial Services Corporation and its sub-sidiary, Citicorp Person-to-Person Financial Center of Utah (1/16/77) V



H.2, 1977 No. 4 - 9 -


Union Trust Bancorp, Baltimore, Maryland, notification of intent to engage in de novo activities (making secondary mortgage loans secured in whole or in part by mortgage, deed of trust, security agreement, or other lien on real estate situated in the State of Maryland which property is subject to the lien of one or more prior encumbrances or other leasehold interests; and acting as agent in the sale of credit life insurance and credit accident and health insurance in connection with its extensions of credit) at 7801 Old Branch Avenue, Clinton, Maryland, through a subsidiary, Union Home Loan Corporation (1/22/77) 3/

BankAmerica Corporation, San Francisco, California, noti-fication of intent to relocate de novo activities (mak-ing loans, extending credit, servicing loans and other extensions of credit for itself and others and providing services incident to such loans and extensions of credit such as would be made or provided by a finance company including, but not limited to, providing funds and/or credit services in connection with the financing of stock and floor plan inventory of distributors and dealers of consumer products; making available to such dealers at their option and cost, fire, theft, and damage insurance on a monthly reporting basis covering only the outstanding indebtedness on such floor plan inventory) from Office "A11, 3800 Union Road to The Cleveway Building Penthouse, Suite 3343, Harlem Road, Cheektowaga, New York, through its indirect subsid-iaries, Ariens Credit Corporation (a Pennsylvania Corporation), BA Finance America Corporation (a New York Corporation), and Hupp Credit Corporation (a Delaware Corporation), subsidiaries of FinanceAmerica Corporation (1/22/77) 3/

BankAmerica Corporation, San Francisco, California, noti-fication of intent to relocate de novo activities (mak-ing loans, extending credit and providing services incident to such loans and extensions of credit such as would be made or provided by a finance company including, but not limited to, making consumer installment loans, purchasing installment sales finance contracts, and making loans to small businesses and extensions of credit secured by real or personal property; acting as agent or broker for the sale of credit related life, credit related accident and disability insurance, and

3? 4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 — 1 0 —


credit related property insurance in connection with extensions of credit by FinanceAmerica Corporation) from 4800 Johnson Drive, Mission, Kansas to 3100 South 24th Street, Kansas City, Kansas, through its indirect sub-sidiary, FinanceAmerica Corporation (a Kansas Corpora-tion) , subsidiary of FinanceAmerica Corporation (1/22/77) 3/

BankAmerica Corporation, San Francisco, California, noti-fication of intent to relocate de novo activities (mak-ing loans, extending credit and providing services incident to such loans and extensions of credit such as would be made or provided by a finance company including, but not limited to, purchasing installment sales finance contracts on vehicles, mobile homes, pleasure equipment, and home improvements; acting as agent or broker for the sale of credit related life, credit related accident and disability insurance, and credit related property insur-ance in connection with extensions of credit by Finance-America Credit Corporation) from 2103 Swift, Suite 101, North Kansas City, Missouri to 3100 South 24th Street, Kansas City, Kansas, through its indirect subsidiary, FinanceAmerica Credit Corporation (a Delaware Corpora-tion) , subsidiary of FinanceAmerica Corporation (1/22/77) 2/

BankAmerica Corporation, San Francisco, California, noti-fication of intent to relocate de novo activities (mak-ing loans, extending credit, servicing loans and other extensions of credit for itself and others and providing services incident to such loans and extensions of credit such as would be made or provided by a finance company including, but not limited to, purchasing installment sales finance contracts, providing funds and/or credit services in connection with the financing of stock and floor plan inventory of distributors and dealers of consumer products; making available to such dealers at their option and cost, fire, theft, and damage insurance on a monthly reporting basis covering only the outstand-ing indebtedness on such floor plan inventory) from 5600 V. 95th Street, Overland Park, Kansas to 3100 South 24th Street, Kansas City, Kansas, through its indirect sub-sidiaries, FinanceAmerica Private Brands, Inc. (a Penn-sylvania Corporation), Ariens Credit Corporation (a Pennsylvania Corporation), Hupp Credit Corporation (a Delaware Corporation), and Mercredit Corporation (a Pennsylvania Corporation), subsidiaries of Finance America Corporation (1/22/77) 3/

3/ 4(c)(8) and 4(c)(12) notificatons processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 - 1 1 -


Rainier Bancorporation, Seattle, Washington, notifica-tion of intent to engage in de novo activities (the making or acquiring, for its own account or for the account of others, loans and other extensions of credit) at 1412 West Idaho Street, Boise, Idaho, through its subsidiary, Rainier Mortgage Company (1/10/77) 3/

Security Pacific Corporation, Los Angeles, California, notification of intent to relocate cie novo activities (the origination and acquisition of mortgage loans including development and construction loans on multi-family and commercial properties for its own account or for the sale to others and the servicing of such loans for others) from 4425 East Broadway to 6840 East Broad-way, Tucson, Arizona, through its subsidiary, Security Pacific Mortgage Corporation (1/20/77) 3/

Wells Fargo & Company, San Francisco, California, noti-fication 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; leasing personal or real property or acting as agent, broker, or adviser in leasing such property where the lease is to serve as the functional equivalent of an extension of credit to the lessee of the property and where at the inception of the initial lease the effect of the transaction (and, with respect to governmental entities only, reasonably anticipated future trans-actions) will yield a return that will compensate the lessor for not less than the lessor's full investment in the property plus the estimated total cost of financing the property over the term of the lease, from rentals; estimated tax benefits, investment tax credit, net economic gain from tax deferral from accelerated depreci-ation, and other tax benefits with a substantially similar effect and the estimated residual value of the property at the expiration of the initial term of the lease which in no case shall exceed 20 per cent of the acquisition cost of the property to the lessor) at 425 California Street, San Francisco, California; 100 East 42nd Street, New York, New York; 208 South LaSalle Street, Room 1822, Chicago, Illinois; and 1770 St. James Place, Suite 205, Houston, Texas, through a newly formed sub-sidiary to be called Wells Fargo Equipment Leasing Corporation (1/22/77) 3/

3/ 4(c)(8) and 4(c)(12) notificatons processed by Reserve Bank on behalf of the Board of Governors under delegated authority.


H.2, 1977 No. 4 12 -


Wells Fargo & Company, San Francisco, California, notifi-cation of intent to engage in jde novo activities (making or acquiring, for its own account or for the account of others, loans and other extensions of credit; leasing personal or real property or acting as agent, broker, or adviser in leasing such property where the lease is to serve as the functional equivalent of an extension of credit to the lessee of the property and where at the inception of the initial lease the effect of the trans-action (and, with respect to governmental entities only, reasonably anticipated future transactions) will yield a return that will compensate the lessor for not less than the lessor's full investment in the property plus the estimated total cost of financing the property over the term of the lease, from rentals; estimated tax benefits, investment tax credit, net economic gain from tax de-ferral from accelerated depreciation, and other tax benefits with a substantially similar effect and the estimated residual value of the property at the expira-tion of the initial term of the lease which in no case shall exceed 20 per cent of the acquisition cost of the property to the lessor) at 16600 Sprague Road, Cleveland, Ohio, through its subsidiaries, Wells Fargo Leasing Corporation, Wells Fargo Transport Leasing Corporation, and a newly formed subsidiary to be called Wells Fargo Equipment Leasing Corporation (1/22/77) 3/


Berkshire Hathaway, Inc., New Bedford, Massachusetts, notification of intent to acquire directly and indirect-ly all of the outstanding stock of United National Insurance Company and American Insurance Service, Inc., both of Philadelphia, Pennsylvania, engaged in the business of writing property and casualty insurance (1/18/77) 3/

Permitted N L Industries, Inc., New York, New York, notification of

intent to merge with The Rucker Company, Oakland, California (1/21/77) 3/

* * * * *

Withdrawn



H.2, 1977 No. 4 - 13 -

APPLICATIONS RECEIVED

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

Barclays Bank of New York, New York, New York. Branch to be established at 390 North Broadway, Jericho, Nassau County.

* * * * *

To Withdraw from Membership in the Federal Reserve System Without a Six-Month Notice as Prescribed by Section 9 of the Federal Reserve Act

The Exchange Bank & Trust Company, Eldorado, Arkansas.

* * * * *

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

Firststate, Inc.* Topeka, Kansas, for approval to acquire 80 per cent or more of the voting shares of The First State Bank and Trust Company, Topeka, Kansas.

Hildreth State Company, Inc., Hildreth, Nebraska, for approval to acquire 95.6 per cent of the voting shares of The State Bank of Hildreth, Hildreth, Nebraska.

* * * * *

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

National Detroit Corporation, Detroit, Michigan, for ap-proval to acquire 80 per cent or more of the voting shares of The Brighton State Bank, Brighton, Michigan.


H.2, 1977 No. 4 — 14 —

APPLICATIONS RECEIVED-Continued


Sun Banks of Florida, Inc., Orlando, Florida, notifica-tion of intent to engage in de novo activites (providing bookkeeping or data processing services for the internal operations of the holding company and its subsidiaries and storing and processing other banking, financial, or related economic data such as performing payroll, ac-counts receivable or payable, or billing services) at 825 Broadway, Dunedin, Florida and 211 East Silver Springs Boulevard, Ocala, Florida, through a subsidiary, Sunbank Data Corporation (1/19/77) _3/

First National of Nebraska, Inc., Omaha, Nebraska, noti-fication of intent to engage in cle novo activities (making or acquiring, for its own account or for the account of others, and servicing loans and other ex-tensions of credit in connection with a credit card business) at One First National Center, Omaha, Nebraska, through a subsidiary, First National Credit Corporation

The Osawatomie Agency, Inc., Osawatomie, Kansas, notifi-cation of intent to continue to engage in c[e novo activities (the sale of credit life insurance and credit accident and health insurance in connection with extensions of credit by the company's subsidiary bank, The First National Bank of Osawatomie, Osawatomie, Kansas) at 6th and Main Streets, Osawatomie, Kansas on the premises of the subsidiary bank, The First National Bank of Osawatomie, Osawatomie, Kansas (1/18/77) 3/

First Hawaiian, Inc., Honolulu, Hawaii, notification of intent to engage in de novo activities (financing of personal property and equipment and real property and the leasing of such property or the acting as agent, broker, or adviser in the leasing and/or financing of such property where at the inception of the initial lease the effect of the transaction (and, with respect to governmental entities only, reasonably anticipated future transactions) will yield a return that will compensate the lessor for not less than the lessor's full investment in the property plus the estimated total cost of financing the property over the term of the lease) at 165 South King Street, Honolulu, Hawaii, through its subsidiary, First Hawaiian Leasing, Inc.

(1/18/77) 3/

(1/10/77) 3/

3? 4(c)(8) and 4(c)(12) notifications processed by Reserve Bank on behalf of the Board of Governors under delegated ai thority.


H.2, 1977 No. 4 - 15 -

APPLICATIONS RECEIVED-Continued

For Certification Pursuant to the Bank Holding Company Tax Act of 1976

Vickars-Henry Corporation, Salem, Oregon, to divest shares of Pioneer Trust Company, Salem, Oregon.

* * * * *

REPORTS RECEIVED

Registration Statement Filed Pursuant to Section 12(g) of the Securities Exchange Act

Union Trust Company of Wildwood, Wildwood, New Jersey (Amendment #2)

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

Bank of the Commonwealth, Detroit, Michigan.

* * * * *

* * * * *

PETITIONS FOR RULEMAKING

None


Documents

h2_19770122.pdf