49516 Federal Register / Vol. 62, No. 183 / Monday, September 22, 1997 / Notices

Estimate Hour Per Response: 1 hour.

Frequency of Response:

Recordkeeping and on occasion

reporting requirement.

Total Annual Burden: 1000 hours.

Needs and Uses: This section allows

private land mobile radio licensees to

use common point telephone

interconnection with telephone service

costs distributed on a non-profit cost

sharing basis. Records of such

arrangements must be placed in the

licensee’s station records and made

available to participants in the sharing

arrangement and the Commission upon

request.

OMB Approval No.: 3060–0224.

Title: Section 90.151, Requests for

Waiver.

Form Number: N/A.

Type of Review: Extension of a

currently approved collection.

Respondents: Businesses or other forprofit; small businesses or

organizations; state, local or tribal

government.

Number of Respondents: 60.

Estimate Hour Per Response: 2 hours.

Frequency of Response: On occasion

reporting requirement.

Total Annual Burden: 120 hours.

Needs and Uses: The Commission has

the responsibility to establish and

administer rules for the orderly and

efficient use of the radio spectrum.

Circumstances do arise, however, where

general rules cannot properly address

the needs of the public, and waiver of

those rules is desirable. In order to

enable the Commission to make an

informed decision on the desirability of

such waivers, applicants are required to

submit information justifying why a

waiver is needed.

OMB Approval No.: 3060–0226.

Title: Section 90.135(d) and (e),

Modification of License.

Form Number: N/A.

Type of Review: Extension of a

currently approved collection.

Respondents: Businesses or other forprofit; small businesses or

organizations; state, local or tribal

government.

Number of Respondents: 1,656.

Estimate Hour Per Response: .166

hours.

Frequency of Response: On occasion

reporting requirement.

Total Annual Burden: 276 hours.

Needs and Uses: These rule

paragraphs require licensees who have

changed their name, address, number

and location of station control points,

number of mobile units, interconnection

status, and/or sharing status to notify

the Commission. This information

collection applies only to licensees who

elect to inform the Commission by letter

of these changes. Licensees may also use

forms to notify us of these changes.

Notification is necessary to maintain an

accurate database that is used by both

the Commission, frequency coordinators

and the public in corresponding with

licensees regarding interference

resolution and licensing matters.

OMB Approval No.: 3060–0281.

Title: Section 90.651, Supplemental

Reports Required of Licensees

Authorized Under this Subpart.

Form Number: N/A.

Type of Review: Extension of a

currently approved collection.

Respondents: Businesses or other forprofit; small businesses or

organizations; state, local or tribal

government.

Number of Respondents: 16,408.

Estimate Hour Per Response: .166

hours.

Frequency of Response: On occasion

reporting requirement.

Total Annual Burden: 2,724 hours.

Needs and Uses: The radio facilities

addressed in this subpart of the rules are

allocated on and governed by

regulations designed to award facilities

on a need basis determined by the

number of mobile units served by each

base station. This is necessary to avoid

frequency hoarding by applicants. This

rule section requires licensees to report

the actual number of mobile units

served. The various subparagraphs of

this rule apply to different categories of

licensees and define exactly what

reports are required of each category.

Federal Communications Commission.

Shirley Suggs,

Chief, Publications Branch.

[FR Doc. 97–25122 Filed 9–19–97; 8:45 am]

BILLING CODE 6712–01–F

FEDERAL DEPOSIT INSURANCE

CORPORATION

Sunshine Act Meeting

Pursuant to the provisions of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b), notice is hereby given that

at 10:40 a.m. on Tuesday, September 16,

1997, the Board of Directors of the

Federal Deposit Insurance Corporation

met in closed session to consider

matters relating to the Corporation’s

supervisory and administrative

enforcement activities.

In calling the meeting, the Board

determined, on motion of Director

Joseph H. Neely (Appointive), seconded

by Director Eugene A. Ludwig

(Comptroller of the Currency),

concurred in by Mr. John Downey,

acting in place and stead of Director

Nicolas P. Retsinas (Director, Office of

Thrift Supervision), and Acting

Chairman Andrew C. Hove, Jr., that

Corporation business required its

consideration of the matters on less than

seven days’ notice to the public; that no

earlier notice of the meeting was

practicable; that the public interest did

not require consideration of the matters

in a meeting open to public observation;

and that the matters could be

considered in a closed meeting by

authority of subsections (c)(4), (c)(6),

(c)(8), and (c)(9)(A)(ii) of the

‘‘Government in the Sunshine Act’’ (5

U.S.C. 552b (c)(4), (c)(6), (c)(8), and

(c)(9)(A)(ii)).

The meeting was held in the Board

Room of the FDIC Building located at

550—17th Street, NW., Washington, DC.

Dated: September 16, 1997.

Federal Deposit Insurance Corporation.

Valerie J. Best,

Assistant Executive Secretary.

[FR Doc. 97–25149 Filed 9–17–97; 4:34 pm]

BILLING CODE 6714–01–M

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act.

Unless otherwise noted, nonbanking

activities will be conducted throughout

the United States.
Federal Register / Vol. 62, No. 183 / Monday, September 22, 1997 / Notices 49517

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than October 16,

1997.

A. Federal Reserve Bank of Boston

(Richard Walker, Community Affairs

Officer) 600 Atlantic Avenue, Boston,

Massachusetts 02106-2204:

1. SIS Bancorp, Inc., Springfield,

Massachusetts; to acquire 100 percent of

the voting shares of Glastonbury Bank

and Trust Company, Glastonbury,

Connecticut.

B. Federal Reserve Bank of New York

(Betsy Buttrill White, Senior Vice

President) 33 Liberty Street, New York,

New York 10045-0001:

1. Popular, Inc., Hato Rey, Puerto

Rico; to become a bank holding

company by acquiring 100 percent of

the voting shares of Houston

Bancorporation, Inc., Houston, Texas,

and thereby indirectly acquire Citizens

National Bank, Houston, Texas.

C. Federal Reserve Bank of

Richmond (A. Linwood Gill III,

Assistant Vice President) 701 East Byrd

Street, Richmond, Virginia 23261-4528:

1. Coddle Creek Financial Corp.,

Mooresville, North Carolina; to become

a bank holding company by acquiring

Mooresville Savings Bank, SSB,

Mooresville, North Carolina.

D. Federal Reserve Bank of Kansas

City (D. Michael Manies, Assistant Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198-0001:

1. Citizens Financial Corp., Midwest

City, Oklahoma; to become a bank

holding company by acquiring 100

percent of the voting shares of U.S.

National Bank, Midwest City,

Oklahoma.

2. Griffin Investment, L.P., and Griffin

General Partner, Inc., both of Cameron,

Missouri; to become bank holding

companies by acquiring 99.9 percent of

the voting shares of Griffin Bancshares,

Inc., Cameron, Missouri; and thereby

indirectly acquire Pony Express Bank,

Braymer, Missouri.

E. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. Olney Bancshares of Texas, Inc.,

Olney, Texas, and Olney Bancorp of

Delaware, Inc., Wilmington, Delaware;

to acquire 100 percent of the voting

shares of First National Bank of Borger,

Borger, Texas; Citizens National Bank of

Childress, Childress, Texas, and First

State Bank of Canadian, N.A., Canadian,

Texas, all de novo banks.

Board of Governors of the Federal Reserve

System, September 16, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–25016 Filed 9–19–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Formations of, Acquisitions by, and

Mergers of Bank Holding Companies

The companies listed in this notice

have applied to the Board for approval,

pursuant to the Bank Holding Company

Act of 1956 (12 U.S.C. 1841 et seq.)

(BHC Act), Regulation Y (12 CFR Part

225), and all other applicable statutes

and regulations to become a bank

holding company and/or to acquire the

assets or the ownership of, control of, or

the power to vote shares of a bank or

bank holding company and all of the

banks and nonbanking companies

owned by the bank holding company,

including the companies listed below.

The applications listed below, as well

as other related filings required by the

Board, are available for immediate

inspection at the Federal Reserve Bank

indicated. The application also will be

available for inspection at the offices of

the Board of Governors. Interested

persons may express their views in

writing on the standards enumerated in

the BHC Act (12 U.S.C. 1842(c)). If the

proposal also involves the acquisition of

a nonbanking company, the review also

includes whether the acquisition of the

nonbanking company complies with the

standards in section 4 of the BHC Act.

Unless otherwise noted, nonbanking

activities will be conducted throughout

the United States.

Unless otherwise noted, comments

regarding each of these applications

must be received at the Reserve Bank

indicated or the offices of the Board of

Governors not later than October 17,

1997.

A. Federal Reserve Bank of St. Louis

(Randall C. Sumner, Vice President) 411

Locust Street, St. Louis, Missouri 63102-

2034:

1. Community National Corporation,

Lexington, Tennessee; to become a bank

holding company by acquiring 100

percent of the voting shares of

Community National Bank of

Tennessee, Lexington, Tennessee,

which is currently operating as the

Lexington First Federal Savings Bank.

2. Peoples Bancorporation, Inc., Cuba,

Missouri; to become a bank holding

company by acquiring 100 percent of

the voting shares of Peoples Investment

Corporation, Cuba, Missouri, and

thereby indirectly acquiring Peoples

Bank, Cuba, Missouri.

Board of Governors of the Federal Reserve

System, September 17, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–25119 Filed 9–19–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Notice of Proposals To Engage in

Permissible Nonbanking Activities or

To Acquire Companies That Are

Engaged in Permissible Nonbanking

Activities

The companies listed in this notice

have given notice under section 4 of the

Bank Holding Company Act (12 U.S.C.

1843) (BHC Act) and Regulation Y, (12

CFR Part 225) to engage de novo, or to

acquire or control voting securities or

assets of a company that engages either

directly or through a subsidiary or other

company, in a nonbanking activity that

is listed in § 225.28 of Regulation Y (12

CFR 225.28) or that the Board has

determined by Order to be closely

related to banking and permissible for

bank holding companies. Unless

otherwise noted, these activities will be

conducted throughout the United States.

Each notice is available for inspection

at the Federal Reserve Bank indicated.

The notice also will be available for

inspection at the offices of the Board of

Governors. Interested persons may

express their views in writing on the

question whether the proposal complies

with the standards of section 4 of the

BHC Act.

Unless otherwise noted, comments

regarding the applications must be

received at the Reserve Bank indicated

or the offices of the Board of Governors

not later than October 17, 1997.

A. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. Norwest Corporation, Minneapolis,

Minnesota; through its wholly-owned

subsidiaries, Norwest Financial

Services, Inc. and Norwest Financial,

Inc., both of Des Moines, Iowa, to

acquire Cityside Financial Services of

Wisconsin, Inc., Cityside Savings &

Financial Services, Co. and Cityside

Insurance Company, Ltd., all of Eden

Prairie, Minnesota, and thereby engage

in consumer finance activities, pursuant

to § 225.28(b)(1) of the Board’s

Regulation Y; in the sale of insurance

related to extensions of credit as well as

the reinsurance of such insurance,

pursuant to §§ 225.28(b)(11)(i), (ii), and

(vii) of the Board’s Regulation Y; and in