h2_19720408.pdf

Post on 24-Dec-2015

217 views 2 download

Tags:

Transcript of h2_19720408.pdf

H.2 1972 No. 14

D i s t r i c t

4

5

2

2

5

7

2

2

ANNOUNCEMENT BY

BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM

A p p l i c a t i o n s and R e p o r t s Rece ived o r Acted on

Dur ing t h e Week Ending A p r i l 8 , 1972

To Become a Member of t h e F e d e r a l Reserve System P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l Rese rve Act

Approved The Ashland S t a t e Bank of A s h l a n d , Ash land , Ohio

Powhatan Community Bank, Powhatan , V i r g i n i a

* * * * *

- A ^ 7 a

Date

To E s t a b l i s h a Domest ic Branch P u r s u a n t t o S e c t i o n 9 of t h e F e d e r a l Rese rve Act

Rece ived "Morgan Guaran ty T r u s t Company of New Y o r k , "

New York , New York . Branch t o be e s t a b l i s h e d a t 39 Broadway, Borough of M a n h a t t a n .

" D u t c h e s s Bank and T r u s t Company," P o u g h k e e p s i e , New York. Branch t o be e s t a b l i s h e d a t Route 52 and Gary Avenue, F i s h k i l l .

"The Bank of S t . A l b a n s , " S t . A l b a n s , West V i r g i n i a . Branch t o be e s t a b l i s h e d a t t h e c o r n e r of S i x t h Avenue and F i f t h S t r e e t , S t . A l b a n s .

"Byron C e n t e r S t a t e Bank," Byron C e n t e r , M i c h i g a n . Branch t o be e s t a b l i s h e d a t 6455 South D i v i s i o n Avenue, Byron Township, Kent Coun ty .

Approved * " S t a t e Bank of A l b a n y , " Albany , New York. Branch t o

be e s t a b l i s h e d a t 625 S t a t e S t r e e t , S c h e n e c t a d y , S c h e n e c t a d y County .

*"The Bank of New Y o r k , " New York , New York. Branch t o be e s t a b l i s h e d a t 1006-1008 F i r s t Avenue, Borough of M a n h a t t a n .

* A p p l i c a t i o n p r o c e s s e d by t h e Reserve Bank on b e h a l f of t h e Board o f Governors u n d e r d e l e g a t e d a u t h o r i t y . .

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

H.2 1972 No. 14 - 2 -

Approved C o n ' t . *"Bankers T r u s t Company," New York, New York,

Branch t o be e s t a b l i s h e d on t h e sou thwes t c o r n e r of F r o n t and C e n t e r S t r e e t s , Croton F a l l s , W e s t c h e s t e r County ,

^ " M a n u f a c t u r e r s Hanover T r u s t Company," New York, New York . Branch t o be e s t a b l i s h e d on t h e n o r t h e a s t c o r n e r of West M e r r i c k Road t h e F l e t c h e r Avenue, V i l l a g e of V a l l e y S t ream, Town of Hempstead, Nassau County .

*"The Roscommon S t a t e Bank," Roscommon, Mich igan . Branch t o be e s t a b l i s h e d a t 1979 Eas t M i l l e r Road, F a i r v i e w .

Denied by S t a t e " M a n u f a c t u r e r s Hanover T r u s t Company," New York,

New York . Branch t o be e s t a b l i s h e d on t h e s o u t h -wes t c o r n e r of Anderson S t r e e t and Le Count P l a c e , New R o c h e l l e .

"The County T r u s t Company," White P l a i n s , New York. Branch t o b e e s t a b l i s h e d i n t h e v i c i n i t y of t h e i n t e r s e c t i o n of Pelham Road and F r a n k l i n Avenue, New R o c h e l l e .

*>v * * * *

To E s t a b l i s h an Ove r sea s Branch of a Member Bank P u r s u a n t t o S e c t i o n 25 of t h e F e d e r a l Reserve Act

Received 1 "The F i r s t N a t i o n a l Bank of B o s t o n , " Bos ton ,

M a s s a c h u s e t t s . Branch t o be e s t a b l i s h e d i n P a r i s , F r a n c e .

* * * * *

To Merge P u r s u a n t t o S e c t i o n 18 (c ) of t h e F e d e r a l D e p o s i t I n s u r a n c e Act

Approved 6 "Savannah Bank & T r u s t Company," Savannah, G e o r g i a ,

f o r p r i o r a p p r o v a l t o merge w i t h Chatham Savings Bank, Savannah , Georg ia unde r t h e c h a r t e r and t i t l e of Savannah Bank & T r u s t Company,

* * * * *

* A p p l i c a t i o n p r o c e s s e d by t h e Rese rve Bank on b e h a l f o f t h e Board of Governors u n d e r d e l e g a t e d a u t h o r i t y .

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

H.2 1972 No. 15 • A

- 3 - w

To Form a Bank Hold ing Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 1 ) of t he Bank Hold ing Company Act of 1956

Rece ived 7 North Shore C a p i t a l C o r p o r a t i o n , Ch icago , I l l i n o i s ,

f o r p r i o r a p p r o v a l t o a c q u i r e 200 ,400 ( 5 0 . 1 p e r c e n t ) of t h e v o t i n g s h a r e s of The North Shore N a t i o n a l Bank of Chicago , Ch icago , I l l i n o i s .

10 C a p i t a l Management, I n c . , A u r o r a , N e b r a s k a , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r cen t of t h e v o t i n g s h a r e s of Bank of Brady , Brady , Nebraska .

Approved 10 F i r s t N a t i o n a l Bank Hold ing Company, I n c . , P i n e d a l e ,

Wyoming, f o r p r i o r a p p r o v a l t o a c q u i r e 83 .45 p e r cen t o r more of t h e v o t i n g s h a r e s of F i r s t N a t i o n a l Bank of P i n e d a l e , P i n e d a l e , Wyoming.

* * * * *

To Expand a Bank Ho ld ing Company P u r s u a n t t o S e c t i o n 3 ( a ) ( 3 ) of t h e Bank H o l d i n g Company Act of 1956

Rece ived 2 U n i t e d Bank C o r p o r a t i o n , Albany , New York , f o r p r i o r

a p p r o v a l t o a c q u i r e t he s u c c e s s o r by merger t o H i g h l a n d N a t i o n a l Bank of Newburgh, Newburgh, New York .

6 U n i t e d Tennessee B a n c s h a r e s C o r p o r a t i o n , Memphis, T e n n e s s e e , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r cen t o r more of the o u t s t a n d i n g v o t i n g s h a r e s of F i r s t T r u s t & Savings Bank, P a r i s , T e n n e s s e e .

7 Bezanson I n v e s t m e n t s , I n c . , and MorAmerica F i n a n c i a l C o r p o r a t i o n , b o t h of Cedar Rap ids , Iowa, f o r p r i o r a p p r o v a l t o a c q u i r e 76 p e r cent of t h e v o t i n g s h a r e s of F i r s t T r u s t and Sav ings Bank, Whea t l and , Iowa.

10 U n i t e d Banks of Co lo rado , I n c . , Denver , Co lo rado , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of Montrose N a t i o n a l Bank, M o n t r o s e , Co lo rado .

11 Bank S e c u r i t i e s I n c . , Alamogordo, New Mexico, f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of L i b e r t y N a t i o n a l Bank, L o v i n g t o n , New Mexico .

11 Southwes t B a n c s h a r e s , I n c . , Hous ton , T e x a s , f o r p r i o r a p p r o v a l t o a c q u i r e 51 p e r c e n t or more of t h e v o t i n g s h a r e s of The Denton County N a t i o n a l Bank, Den ton , T e x a s .

* * P r o c e s s e d by R e s e r v e Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .

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

H.2 W W 19 72 No. 15

- 4 -

Approved 2 M i d l a n t i c Banks I n c . , Newark, New J e r s e y , f o r p r i o r

a p p r o v a l t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r ' s q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of C i t i z e n s N a t i o n a l Bank, Englewood, New J e r s e y .

5 * * F i r s t & Merchan t s C o r p o r a t i o n , Richmond, V i r g i n i a , 4 - 6 -72 f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r cent of t h e v o t i n g s h a r e s ( l e s s d i r e c t o r s T q u a l i f y i n g s h a r e s ) of F i r s t & Merchan t s N a t i o n a l Bank of t h e P e n i n s u l a , York County , V i r g i n i a , a p r o p o s e d new bank .

5 S o u t h e r n B a n k s h a r e s , I n c . , Richmond, V i r g i n i a , f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r cen t ( l e s s d i r e c t o r s r q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merge r t o Bank of Goochland , Gooch land , V i r g i n i a .

5 S o u t h e r n B a n k s h a r e s , I n c . , Richmond, V i r g i n i a , f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r cen t ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of t h e s u c c e s s o r by merge r t o Bank of Powhatan , Powhatan , V i r i g n i a .

6 B a r n e t t Banks of F l o r i d a , I n c . , J a c k s o n v i l l e , F l o r i d a , f o r p r i o r a p p r o v a l t o a c q u i r e 90 p e r c e n t o r more of t h e v o t i n g s h a r e s of Bank of F l o r i d a & T r u s t Co. a t Homes tead , Homestead , F l o r i d a .

7 V a l l e y B a n c o r p o r a t i o n , A p p l e t o n , W i s c o n s i n , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r cen t or more of t h e v o t i n g s h a r e s of Bank of Casco , Casco, W i s c o n s i n .

10 * * F i r s t New Mexico B a n k s h a r e C o r p o r a t i o n , A lbuque rque , 4 - 5 -72 New Mexico , f o r p r i o r a p p r o v a l t o a c q u i r e 6 , 5 7 5 s h a r e s of t h e v o t i n g s h a r e s of The C a p i t a l Bank, S a n t a Fe , New Mexico , a p r o p o s e d new b a n k .

10 Weerva , I n c . , Lakewood, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of The Bank of V a i l , V a i l , C o l o r a d o .

10 Weerva , I n c . , Lakewood, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r cen t o r more of t h e v o t i n g s h a r e s of F i r s t W e s t l a n d N a t i o n a l Bank, Lakewood, C o l o r a d o .

10 Weerva , I n c . , Lakewood, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of The E r i e Bank, E r i e , C o l o r a d o .

* * P r o c e s s e d by Rese rve Bank on b e h a l f of t h e Board of Governors unde r d e l e g a t e d a u t h o r i t y .

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

- 5 -

H.2 19 72 No. 15

10 Approved C o n t i n u e d

Weerva, I n c . , Lakewood, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of E a g l e V a l l e y Bank, M i n t u r n , C o l o r a d o .

10 Weerva, I n c . , Lakewood, C o l o r a d o , f o r p r i o r a p p r o v a l t o a c q u i r e 80 p e r c e n t o r more of t h e v o t i n g s h a r e s of Wes t l and N a t i o n a l Bank, Longmont, C o l o r a d o , a p r o p o s e d new b a n k .

11 F i r s t C i t y B a n c o r p o r a t i o n of Texas , I n c . , Hous ton , T e x a s , f o r p r i o r a p p r o v a l t o a c q u i r e 100 p e r c e n t ( l e s s d i r e c t o r s 1 q u a l i f y i n g s h a r e s ) of t h e v o t i n g s h a r e s of t h e s u c c e s s o r b y merge r t o G u l f g a t e S t a t e Bank of H o u s t o n , H o u s t o n , T e x a s .

Withdrawn 2 On H .2 No. 26 ( 1 9 7 1 ) , t h e Board r e p o r t e d r e c e i p t of

an a p p l i c a t i o n f rom C h a r t e r New York C o r p o r a t i o n , New York , New Y o r k , f o r p r i o r a p p r o v a l t o a c q u i r e Nanuet N a t i o n a l Bank, N a n u e t , New York . I n a l e t t e r d a t e d A p r i l 3 , 1972, A p p l i c a n t r e q u e s t e d t h a t t h e a p p l i c a t i o n b e w i t h d r a w n .

* * * * *

To Expand a Bank H o l d i n g Company P u r s u a n t t o S e c t i o n 4 ( c ) ( 8 ) of t h e Bank H o l d i n g Company Act of 1956

R e c e i v e d 5 NCNB C o r p o r a t i o n , C h a r l o t t e , Nor th C a r o l i n a , f o r

p r i o r a p p r o v a l t o a c q u i r e a l l of t h e o u t s t a n d i n g c a p i t a l s t o c k of T r u s t Company of F l o r i d a , O r l a n d o , F l o r i d a .

5 U n i t e d C a r o l i n a B a n c s h a r e s C o r p o r a t i o n , W h i t e v i l l e , Nor th C a r o l i n a , f o r p r i o r a p p r o v a l t o a c q u i r e a l l 1 ,000 s h a r e s of U n i t e d C a r o l i n a L i f e I n s u r a n c e Company, P h o e n i x , A r i z o n a .

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

H.2 19 72 No. I')

- 6 -

Rece ived Cont inued * * F i r s t N a t i o n a l Ho ld ing C o r p o r a t i o n , A t l a n t a , G e o r g i a , 4 - 5-72

n o t i f i c a t i o n of i n t e n t t o engage i n a de novo a c t i v i t y (making l o a n s p r i n c i p a l l y s e c u r e d by second mor tgages on s i n g l e f a m i l y r e s i d e n c e s f o r i t s own a c c o u n t ) t h r o u g h i t s s u b s i d i a r y F i r s t South Homeowners C o . , I n c . by e s t a b l i s h i n g an o f f i c e i n Savannah , G e o r g i a .

* * F i r s t N a t i o n a l H o l d i n g C o r p o r a t i o n , A t l a n t a , G e o r g i a , 4 - 6 -72 n o t i f i c a t i o n of i n t e n t t o engage i n cte novo a c t i v i t i e s ( p r o v i d i n g b o o k k e e p i n g o r d a t a p r o c e s s i n g s e r v i c e s f o r t h e i n t e r n a l o p e r a t i o n s of t h e h o l d i n g company and i t s s u b s i d i a r i e s and s t o r i n g and p r o c e s s i n g o t h e r b a n k i n g f i n a n c i a l o r r e l a t e d economic d a t a ) t h rough a s u b s i d i a r y known as F i r s t South Data P r o c e s s i n g Company, A t l a n t a , G e o r g i a .

**M & S B a n c o r p . , J a n e s v i l l e , W i s c o n s i n , n o t i f i c a t i o n 4~ 7-72 of i n t e n t t o engage i n a de novo a c t i v i t y ( t h e l e a s i n g of m a c h i n e r y , equipment and o t h e r i t e m s of p e r s o n a l t y ) t h r o u g h a s u b s i d i a r y t o be known as M & S L e a s i n g Company, I n c . , J a n e s v i l l e , W i s c o n s i n .

10 A f f i l i a t e d Banksha res of C o l o r a d o , I n c . , B o u l d e r , C o l o r a d o , f o r p e r m i s s i o n t o r e t a i n a l l of t h e v o t i n g s h a r e s of I n s u r a n c e P r o f e s s i o n a l s , I n c . , L o v e l a n d , C o l o r a d o .

10 **The F i r s t N a t i o n a l B a n c o r p o r a t i o n , I n c . , Denver , 4 - 7-72 C o l o r a d o , n o t i f i c a t i o n of i n t e n t t o engage i n de novo a c t i v i t i e s (1) a c t i n g as agen t f o r t h e s a l e of p r o p e r t y , c a s u a l t y and s u r e t y i n s u r a n c e f o r t h e p r o t e c t i o n of The F i r s t N a t i o n a l B a n c o r p o r a t i o n I n c . , and i t s s u b s i d i a r i e s , (2) a c t i n g as agen t f o r t h e s a l e of l i f e , d i s a b i l i t y and h o s p i t a l i n s u r a n c e f o r t h e p r o t e c t i o n of employees of The F i r s t N a t i o n a l B a n c o r p o r a t i o n

* * P r o c e s s e d by Rese rve Bank on b e h a l f of t h e Board of Governors under d e l e g a t e d a u t h o r i t y .

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

- 7 -H.2 # 7 2 No. 15

I n c . , and i t s s u b s i d i a r i e s , (3) a c t i n g as agen t f o r t h e s a l e of c r e d i t l i f e , c r e d i t a c c i d e n t and h e a l t h i n s u r a n c e on b o r r o w e r s who have b e e n e x t e n d e d c r e d i t by a bank o r b a n k - r e l a t e d f i r m , (4) a c t i n g as a g e n t f o r t h e s a l e of p r o p e r t y i n s u r a n c e on l o a n c o l l a t e r a l s e c u r i n g e x t e n s i o n s of c r e d i t by a bank o r b a n k - r e l a t e d f i r m , (5) a c t i n g as a g e n t f o r t h e s a l e of mortgage l i f e , mor tgaga a c c i d e n t and h e a l t h i n s u r a n c e on m o r t g a g o r s whose mor tgages a r e s e r v i c e d by s u b s i d i a r i e s of The F i r s t N a t i o n a l B a n c o r p o r a t i o n I n c . , (6) a c t i n g as a g e n t f o r t h e s a l e of p r o p e r t y i n s u r a n c e on mor tgaged p r o p e r t y d i r e c t l y r e l a t e d t o mor tgage l o a n s e r v i c i n g p r o v i d e d by s u b s i d i a r i e s of The F i r s t N a t i o n a l B a n c o r p o r a t i o n I n c . , (7) a c t i n g as a g e n t f o r i n s u r a n c e which i s o t h e r w i s e s o l d as a m a t t e r of c o n v e n i e n c e so long as t h e premium income f rom s a l e s w i t h i n t h i s a r e a does n o t c o n s t i t u t e a s i g n i f i c a n t p o r t i o n of t h e a g g r e g a t e i n s u r a n c e premium income from i n s u r a n c e s o l d ) th rough a s u b s i d i a r y known as Denver A s s u r o r s Co. a t o f f i c e s of t h e h o l d i n g company and each s u b s i d i a r y i n L i t t l e t o n , North Glenn , Denver , G r e e l e y , Bou lde r and Co lo rado S p r i n g s , C o l o r a d o .

12 **Marine B a n c o r p o r a t i o n , S e a t t l e , Wash ing ton , 4 - 4 - 7 2 n o t i f i c a t i o n of i n t e n t t o engage i n de^novo a c t i v i t i e s ( ( 1 ) making o r a c q u i r i n g f o r i t s own a c c o u n t , l o a n s and o t h e r e x t e n s i o n s of c r e d i t , p r i m a r i l y i n c o n n e c t i o n w i t h f i n a n c i n g of t h e p u r c h a s e , c o n s t r u c t i o n , m a i n t e n a n c e o r r e p a i r of b o a t s and m a r i n e e q u i p m e n t , and a c t i n g as a g e n t or b r o k e r w i t h r e s p e c t t o i n s u r a n c e d i r e c t l y r e l a t e d t h e r e t o , (2) l e a s i n g p e r s o n a l p r o p e r t y and e q u i p m e n t , p r i m a r i l y b o a t s and m a r i n e e q u i p m e n t , where a t t h e i n c e p t i o n of t h e i n i t i a l l e a s e t h e e x p e c t a t i o n i s t h a t t h e e f f e c t of t h e t r a n s a c t i o n and r e a s o n a b l e a n t i c i p a t e d f u t u r e t r a n s a c t i o n s w i t h t h e same l e s s e e as t o t h e same p r o p e r t y w i l l be t o compensate NABOC M a r i n e , I n c . , a s l e s s o r , f o r n o t l e s s t h a n i t s f u l l i n v e s t m e n t i n t h e p r o p e r t y ) t h rough a whol ly-earned s u b s i d i a r y known as NABOC M a r i n e , I n c . , S e a t t l e , Wash ing ton .

* * P r o c e s s e d by Rese rve Bank on b e h a l f of t h e Board of Governors u n d e r d e l e g a t e d a u t h o r i t y .

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

H. 2 1972 No. 15

Delayed 7 * * P o l i s h Roman C a t h o l i c Union of Amer ica , C h i c a g o , 4 - 3 -72

I l l i n o i s , n o t i f i c a t i o n of i n t e n t t o engage i n de_ novo a c t i v i t i e s ( l ) t h e l e a s i n g of p e r s o n a l p r o p e r t y and e q u i p m e n t , (2) making and a c q u i r i n g l o a n s and o t h e r e x t e n s i o n s of c r e d i t f o r b o t h o u r a c c o u n t and o t h e r s t h r o u g h a s u b i s d i a r y known as Nathan H a l e I n v e s t m e n t C o r p o r a t i o n , C h i c a g o , I l l i n o i s .

12 **Bever ly H i l l s B a n c o r p , B e v e r l y H i l l s , C a l i f o r n i a , 4 - 6 -72 n o t i f i c a t i o n of i n t e n t t o engage i n a de novo a c t i v i t y ( i n v e s t m e n t a d v i s o r y s e r v i c e s ) t h r o u g h a s u b s i d i a r y known as New West Management C o r p o r a t i o n , B e v e r l y H i l l s , C a l i f o r n i a . On A p r i l 6 , 19 72, A p p l i c a n t was i n f o r m e d t h a t t h e 45-day r u n n i n g p e r i o d h a s b e e n suspended p e n d i n g f u r t h e r c o n s i d e r a t i o n of t h e a p p l i c a t i o n .

P e r m i t t e d 1 * * I n d u s t r i a l N a t i o n a l C o r p o r a t i o n , P r o v i d e n c e , Rhode 4 - 6 - 7 2

I s l a n d , t o engage i n a de novo a c t i v i t y (making o r a c q u i r i n g , f o r i t s own account o r f o r t h e a c c o u n t of o t h e r s , l o a n s and o t h e r e x t e n s i o n s of c r e d i t , and o t h e r a c t i v i t i e s commonly engaged i n by mor tgage b a n k i n g companies) t h r o u g h a s u b s i d i a r y known as I n d u s t r i a l N a t i o n a l Mor tgage Company, P r o v i d e n c e , Rhode I s l a n d .

* * * * *

To Expand a Bank H o l d i n g Company P u r s u a n t t o S e c t i o n 4 ( c ) ( 1 2 ) of t h e Bank H o l d i n g Company Act of 1956

R e c e i v e d 6 **The C h a r t e r Company, J a c k s o n v i l l e , F l o r i d a , f o r 4 - 7-72

p e r m i s s i o n t o r e t a i n 6 , 0 0 0 s h a r e s of v o t i n g common s t o c k of S t . J o e P a p e r Company, J a c k s o n v i l l e , F l o r i d a , and a l s o t o a c q u i r e an a d d i t i o n a l 2 ,230 s h a r e s of S t . J o e P a p e r Company.

* * P r o c e s s e d by R e s e r v e Bank on b e h a l f of t h e Board of Governors unde r d e l e g a t e d a u t h o r i t y .

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

H. 2 19 72 No. 15

- 9 -

Rece ived C o n t i n u e d 7 **A11 American L i f e & F i n a n c i a l C o r p o r a t i o n , C h i c a g o , 4 - 4-72

I l l i n o i s , n o t i f i c a t i o n of i n t e n t t o a c q u i r e two H o l i d a y I n n M o t e l s l o c a t e d i n D e e r f i e l d Beach and Boca R a t o n , F l o r i d a , t h r o u g h a s u b s i d i a r y t o b e fo rmed .

P e r m i t t e d 2 **Warner Communicat ions I n c . ( f o r m e r l y Kinney S e r v i c e s 4 - 7-72

I n c . ) New York , New Y o r k , f o r p r i o r a p p r o v a l t o a c q u i r e t h r o u g h N a t i o n a l Kinney C o r p o r a t i o n , New York , New Y o r k , J e s p e r s e n - K a y Systems L i m i t e d of T o r o n t o , O n t a r i o , Canada.

* * P r o c e s s e d by Rese rve Bank on b e h a l f of t h e Board of Governors unde r d e l e g a t e d a u t h o r i t y .

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