Federal Register / Vol. 62, No. 63 / Wednesday, April 2, 1997 / Notices 15711

and acquisitions. The imposition of the

reporting requirements is essential for

the Board’s supervision of bank holding

companies under the Bank Holding

Company Act.

Board of Governors of the Federal Reserve

System, March 28, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8357 Filed 4–1–97; 8:45 am]

BILLING CODE 6210–01–P

Change in Bank Control Notices;

Acquisitions of Shares of Banks or

Bank Holding Companies

The notificants listed below have

applied under the Change in Bank

Control Act (12 U.S.C. 1817(j)) and §

225.41 of the Board’s Regulation Y (12

CFR 225.41) to acquire a bank or bank

holding company. The factors that are

considered in acting on the notices are

set forth in paragraph 7 of the Act (12

U.S.C. 1817(j)(7)).

The notices are available for

immediate inspection at the Federal

Reserve Bank indicated. Once the

notices have been accepted for

processing, they will also be available

for inspection at the offices of the Board

of Governors. Interested persons may

express their views in writing to the

Reserve Bank indicated for that notice

or to the offices of the Board of

Governors. Comments must be received

not later than April 16, 1997.

A. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690-1413:

1. Denis L. and Sandra Kale; Osceola,

Iowa; to acquire an additional 20.0

percent, for a total of 35.8 percent, of the

voting shares of Osceola

Bancorporation, Osceola, Iowa, and

thereby indirectly acquire American

State Bank, Osceola, Iowa.

B. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. Dolph Briscoe, Jr., Uvalde, Texas; to

acquire an additional 58.41 percent, for

a total of 59.18 percent of the voting

shares of Zavala Bankshares,

Incorporated, Crystal City, Texas, and

thereby indirectly acquire Zavala

County Bank, Crystal City, Texas.

Board of Governors of the Federal Reserve

System, March 27, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8332 Filed 4-1-97; 8:45 am]

BILLING CODE 6210-01-F

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. Once the application has

been accepted for processing, it will also

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 April 25, 1997.

A. Federal Reserve Bank of

Philadelphia (Michael E. Collins, Senior

Vice President) 100 North 6th Street,

Philadelphia, Pennsylvania 19105-1521:

1. Penns Woods Bancorp, Inc.,

Williamsport, Pennsylvania; to acquire

6.39 percent of the voting shares of

Columbia Financial Corporation,

Bloomsburg, Pennsylvania, and thereby

indirectly acquire First Columbia Bank

& Trust Company, Bloomsburg,

Pennsylvania.

B. Federal Reserve Bank of San

Francisco (Kenneth R. Binning,

Director, Bank Holding Company) 101

Market Street, San Francisco, California

94105-1579:

1. Dartmouth Capital Group, Inc.,

Huntington Beach, California;

Dartmouth Capital Group, L.P.,

Huntington Beach, California;

Commerce Security Bancorp, Inc.,

Huntington Beach, California, and SDN

Bancorp, Inc., Encinitas, California; to

acquire and merge with Eldorado

Bancorp, Irvine, California, and thereby

indirectly acquire Eldorado Bank,

Tustin, California.

In connection with this application,

Applicants also have applied to acquire

11 percent of Eldorado Bancorp.

Board of Governors of the Federal Reserve

System, March 27, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8330 Filed 4-1-97; 8:45 am]

BILLING CODE 6210-01-F

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 § 225.25 of Regulation

Y (12 CFR 225.25) 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.

Once the notice has been accepted for

processing, it will also 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 April 16, 1997.

A. Federal Reserve Bank of New

York (Christopher J. McCurdy, Senior

Vice President) 33 Liberty Street, New

York, New York 10045-0001:

1. Credit Suisse Group, Zurich,

Switzerland, and Credit Suisse First

Boston Corporation, New York, New

York; to acquire 34.88 TradeWeb, L.L.C.,

New York, New York, and thereby

engage in data processing activities,

pursuant to § 225.25(b)(7) of the Board’s

Regulation Y.

2. Swiss Bank Corporation, Basel,

Switzerland; to acquire 9.3 percent of

TradeWeb, L.L.C., New York, New York,

and thereby engage in data processing

activities, pursuant to § 225.25(b)(7) of

the Board’s Regulation Y.
15712 Federal Register / Vol. 62, No. 63 / Wednesday, April 2, 1997 / Notices

Board of Governors of the Federal Reserve

System, March 27, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8331 Filed 4-1-97; 8:45 am]

BILLING CODE 6210-01-F

Consumer Advisory Council; Notice of

Meeting of Consumer Advisory

Council

The Consumer Advisory Council will

meet on Thursday, April 17, 1997. The

meeting, which will be open to public

observation, will take place at the

Federal Reserve Board’s offices in

Washington, D.C., in Terrace Room E of

the Martin Building. The meeting will

begin at 9:00 a.m. and is expected to

continue until 4:00 p.m., with a lunch

break from 1:00 p.m. until 2:00 p.m. The

Martin Building is located on C Street,

Northwest, between 20th and 21st

Streets in Washington, D.C.

The Council’s function is to advise

the Board on the exercise of the Board’s

responsibilities under the Consumer

Credit Protection Act and on other

matters on which the Board seeks its

advice. Time permitting, the Council

will discuss the following topics:

Bank Regulatory Issues

The Bank Regulation Committee will

discuss the potential effects of bank

mergers and acquisitions on local

communities; and will also discuss

proposed interagency regulations to

implement section 109 of the RiegleNeal Interstate Banking and Branching

Efficiency Act of 1994, which among

other things provide guidance for

determining whether a bank is

reasonably helping to meet community

credit needs served by interstate

branches.

Electronic Banking and Electronic

Disclosures

The Depository and Delivery Systems,

Community Affairs and Housing, and

Consumer Credit Committees will

discuss recommendations for revisions

to consumer regulations such as

Regulations DD (Truth in Savings), E

(Electronic Fund Transfers), B (Equal

Credit Opportunity), and Z (Truth in

Lending) to allow required disclosures

and documentation to be provided to

consumers electronically. The

Depository and Delivery Systems

Committee will also discuss industry

and consumer issues involving

electronic and home banking, and a

Board report on the application of the

Electronic Fund Transfer Act to

electronic stored-value products.

Consumer Identifying Information

The Depository and Delivery Systems

Committee will discuss findings in a

Board report on the availability of

consumer identifying information and

financial fraud.

Recommendations To Simplify

Mortgage Lending Disclosures

The Consumer Credit Committee will

discuss possible recommendations for

statutory amendments that may be

required to simplify, consolidate, and

streamline the provisions of Regulations

Z (Truth in Lending Act) and X (RESPA)

affecting home mortgage lending.

Governor’s Report

Report by Federal Reserve Board

Member Laurence H. Meyer on

economic conditions, recent Board

initiatives, and issues of concern, with

an opportunity for questions from

Council members.

Members Forum

Presentation by individual Council

members on the economic conditions

present within their industries or local

economies.

Committee Reports

Committees will report on plans for

1997; in addition, the Consumer Credit

Committee will discuss some issues to

be addressed in Federal Reserve Board

hearings on home equity lending (which

will be held pursuant to the Home

Ownership Equity Protection Act of

1994).

Other matters previously considered

by the Council or initiated by Council

members also may be discussed.

Persons wishing to submit to the

Council their views regarding any of the

above topics may do so by sending

written statements to Deanna AdayKeller, Secretary, Consumer Advisory

Council, Division of Consumer and

Community Affairs, Board of Governors

of the Federal Reserve System,

Washington, D.C. 20551. Information

about this meeting may be obtained

from Ms. Aday-Keller, 202–452–6470.

Telecommunications Device for the Deaf

(TDD) users may contact Diane Jenkins,

202–452–3544.

Board of Governors of the Federal Reserve

System, March 28, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8356 Filed 4–1–97; 8:45 am]

BILLING CODE 6210–01–P

DEPARTMENT OF HEALTH AND

HUMAN SERVICES

Office of the Secretary

Findings of Scientific Misconduct

AGENCY: Office of the Secretary, HHS.

ACTION: Notice.

SUMMARY: Notice is hereby given that

the Office of Research Integrity (ORI)

has made a final finding of scientific

misconduct in the following case:

Enrico Portuese, University of

Pittsburgh

Based upon an investigation

conducted by the University of

Pittsburgh, information obtained by the

Office of Research Integrity (ORI) during

its oversight review, and Mr. Portuese’s

own admission, ORI found that Mr.

Portuese, a former graduate student in

the Department of Epidemiology,

Graduate School of Public Health,

University of Pittsburgh, engaged in

scientific misconduct by fabricating

research data in biomedical research

supported by two grants from the

National Institute of Diabetes and

Digestive and Kidney Disease (NIDDK),

National Institutes of Health (NIH).

Specifically, Mr. Portuese fabricated

data in a study of angiotensinconverting enzyme polymorphism and

complications from insulin-dependent

diabetes mellitus. These fabricated data

were included in an abstract that was

submitted to the American Diabetes

Association in January 1996; however,

the abstract was not accepted, presented

in public, or published.

In addition, Mr. Portuese fabricated

genetic data on lipoprotein lipase

polymorphisms as related to diabetes

complications and risk factors. These

fabricated data were included in tables

prepared by Mr. Portuese and presented

by him to his doctoral committee in

October 1996. None of the fabricated

data in question has been published,

presented at a scientific meeting, or

used in any grant applications.

Mr. Portuese has accepted the ORI

finding and has entered into a Voluntary

Exclusion Agreement with ORI in which

he has voluntarily agreed, for the three

(3) year period beginning March 25,

1997:

(1) To exclude himself from serving in

any advisory capacity to the Public

Health Service (PHS), including but not

limited to service on any PHS advisory

committee, board, and/or peer review

committee, or as a consultant; and

(2) That any institution that submits

an application for PHS support for a

research project on which Mr.

Portuese’s participation is proposed or