Federal Register / Vol. 62, No. 66 / Monday, April 7, 1997 / Notices 16579

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 21, 1997.

A. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. Stephen D. Habberstad, Blooming

Prairie, Minnesota; to acquire an

additional 1.06 percent, for a total of

39.9 percent, and Susan A. Boschetti,

Lubbock, Texas, to acquire an additional

9.7 percent, for a total of 33.3 percent,

of the voting shares of Country Bankers,

Inc., Blooming Prairie, Minneosta, and

thereby indirectly acquire Farmers &

Merchants State Bank of Blooming

Prairie, Blooming Prairie, Minneosta,

and Citizens State Bank of Hayfield,

Hayfield, Minneosta. In addition, Mr.

Habberstad will hold with power to vote

an additional 13.5 percent of the voting

shares as custodian.

Board of Governors of the Federal Reserve

System, April 1, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8773 Filed 4–4–97; 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. 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 May 1, 1997.

A. Federal Reserve Bank of New

York (Christopher J. McCurdy, Senior

Vice President) 33 Liberty Street, New

York, New York 10045-0001:

1. Korea Long Term Credit Bank,

Seoul, Korea; to acquire 9.51 percent of

the voting shares of Nara Bank, National

Association, Los Angeles, California.

B. Federal Reserve Bank of

Philadelphia (Michael E. Collins, Senior

Vice President) 100 North 6th Street,

Philadelphia, Pennsylvania 19105-1521:

1. Century Bancorp, MHC, Bridgeton,

New Jersey, and Century Bancorp, Inc.,

Bridgeton, New Jersey; to become bank

holding companies by acquiring 100

percent of the voting shares of Century

Savings Bank, Bridgeton, New Jersey.

C. Federal Reserve Bank of Cleveland

(R. Chris Moore, Senior Vice President)

1455 East Sixth Street, Cleveland, Ohio

44101-2566:

1. PHS Bancorp, M.H.C., Beaver Falls,

Pennsylvania; to become a bank holding

company by acquiring 51 percent of the

voting shares of Peoples Home Savings

Bank, Beaver Falls, Pennsylvania.

D. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261-4528:

1. Allied Irish Banks, p.l.c., Dublin,

Ireland, and First Maryland Bancorp,

Baltimore, Maryland (collectively,

‘‘Applicants’’), to merge with Dauphin

Deposit Corporation (‘‘Dauphin’’) and

thereby indirectly acquire Dauphin

Deposit Bank and Trust Company, both

of Harrisburg, Pennsylvania. Applicants

also have applied to exercise an option

to acquire up to 19.9 percent of the

voting shares of Dauphin.

Applicants also have provided notice

to acquire Hopper Soliday & Co., Inc.,

Lancaster, Pennsylvania, and thereby

engage in underwriting and dealing in

debt securities, equity securities, and

bank-eligible instruments, acting as

agent in the private placement of

securities, buying and selling all types

of securities on the order of customers

as a ‘‘riskless principal,’’ providing

investment and financial advisory

services, and providing securities

brokerage services alone or in

combination with investment advisory

services to both institutional and retail

customers with respect to ineligible

securities that Hopper Soliday may hold

as principal in connection with its

authorized underwriting and dealing

activities, pursuant to Board Order

dated June 24, 1991 and approval

received from the Federal Reserve Bank

of Philadelphia dated April 6, 1995;

Dauphin Life Insurance Company,

Harrisburg, Pennsylvania, and thereby

engage in selling and reinsuring credit

life, health, and accident insurance

directly related to extensions of credit

by Dauphin Bank, pursuant to §

225.25(b)(8)(i) of the Board’s Regulation

Y; and Loans USA, Incorporated,

Pasadena, Maryland, a joint venture that

engages in making, acquiring, brokering

or servicing loans or other extensions of

credit (including factoring, issuing

letters of credit and accepting drafts) for

its own account or for the account of

others, pursuant to § 225.25(b)(1) of the

Board’s Regulation Y, providing tax

preparation services to any person,

pursuant to § 225.25(b)(21) of the

Board’s Regulation Y, and providing

data processing and data transmission

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

the Board’s Regulation Y, and selling

and reinsuring credit life, health and

accident insurance directly related to

extensions of credit to its customers,

pursuant to § 225.25(b)(8)(ii) of the

Board’s Regulation Y.

E. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 250 Marquette Avenue,

Minneapolis, Minnesota 55480-2171:

1. First Bank System, Inc.,

Minneapolis Minnesota; to acquire 100

percent of the voting shares of First

Bank of South Dakota (National

Association) Sioux Falls, South Dakota,

a de novo bank.

In connection with this application,

Applicant also has applied to acquire

First Interim Bank of Casper, fsb,

Casper, Wyoming, and First Interim

Bank of Cheyenne, FSB, Cheyenne,

Wyoming, and thereby engage in

operating two de novo thrift institutions,

pursuant to § 225.25(b)(9) of the Board’s

Regulation Y. In addition, each of the

above thrifts will acquire seven

Wyoming branches of First Bank,

FSB,Fargo, North Dakota, an existing

subsidiary of First Bank System, Inc.

F. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200
16580 Federal Register / Vol. 62, No. 66 / Monday, April 7, 1997 / Notices

North Pearl Street, Dallas, Texas 75201-

2272:

1. Premier Bancshares, Inc., La

Grange, Texas, and Premier Holdings -

Nevada, Inc., Carson City, Nevada; to

acquire 100 percent of the voting shares

of Citizens State Bank, Hempstead,

Texas.

G. Federal Reserve Bank of San

Francisco (Kenneth R. Binning,

Director, Bank Holding Company) 101

Market Street, San Francisco, California

94105-1579:

1. Imperial Bancorp, Inglewood,

California; to acquire 100 percent of the

voting shares of Imperial Bank Arizona,

Phoenix, Arizona, a de novo bank (in

formation).

Board of Governors of the Federal Reserve

System, April 1, 1997.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 97–8772 Filed 4–4–97; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL TRADE COMMISSION

Granting of Request for Early

Termination of the Waiting Period

Under the Premerger Notification

Rules

Section 7A of the Clayton Act, 15

U.S.C. § 18a, as added by Title II of the

Hart-Scott-Rodino Antitrust

Improvements Act of 1976, requires

persons contemplating certain mergers

or acquisitions to give the Federal Trade

Commission and the Assistant Attorney

General advance notice and to wait

designated periods before consumption

of such plans. Section 7A(b)(2) of the

Act permits the agencies, in individual

cases, to terminate this waiting period to

its expiration and requires that notice of

this action be published in the Federal

Register.

The following transactions were

granted early termination of the waiting

period provided by law and the

premerger notification rules. The grants

were made by the Federal Trade

Commission and the Assistant Attorney

General for the Antitrust Division of the

Department of Justice. Neither agency

intends to take any action with respect

to these proposed acquisitions during

the applicable waiting period.

TRANSACTIONS GRANTED EARLY TERMINATION BETWEEN 3–17–97 AND 3–28–97

Name of acquiring person, name of acquired person, name of acquired entity PMN No. Date terminated

American General Corporation, USLIFE Corporation, USLIFE Corporation ................................................................... 97–1159 03/17/97

British Aerospace plc, Reflectone, Inc., Reflectone, Inc. ................................................................................................ 97–1372 03/17/97

Vestar Equity Partners, L.P., Westinghouse Air Brake Company, Westinghouse Air Brake Company ......................... 97–1405 03/17/97

The President and Fellow of Harvard College, Westinghouse Air Brake Company, Westinghouse Air Brake Company .............................................................................................................................................................................. 97–1433 03/17/97

HCC Insurance Holdings, Inc., AVEMCO Corporation, AVEMCO Corporation .............................................................. 97–1434 03/17/97

John Hancock Mutual Life Insurance Company, Estate of Henry Penn Wagner, Detroit & Canada Tunnel Corporation ................................................................................................................................................................................ 97–1457 03/17/97

R.A.B. Holdings, Inc., McKesson Corporation, Millbrook Distribution Services, Inc. ...................................................... 97–1459 03/17/97

Vereniging AEGON, Providian Corporation, Providian Corporation ................................................................................ 97–1460 03/17/97

Jim L. Turner, Seven-Up/RC Bottling Company of Southern California Inc., Seven-Up/RC Bottling Company of

Southern California Inc. ................................................................................................................................................ 97–1471 03/17/97

Airtours plc, ST Pacific Holdings, Inc., ST Pacific Holdings, Inc. .................................................................................... 97–1476 03/17/97

Thayer Equity Investors III, L.P., Software AG (a German company), Software AG Systems, Inc. .............................. 97–1486 03/17/97

Owens Corning, James C. Allen, Falcon Manufacturing of California, Inc., CADA ........................................................ 97–1327 03/18/97

Apartment Investment and Management Company, NHP Incorporated, NHP Incorporated .......................................... 97–1396 03/18/97

ITC Holding Company, Inc., SCANA Corporation, Gulf States FiberNet, a Georgia general partnership ..................... 97–1420 03/18/97

The York Group, Inc., Howard Joe Trulove, West Point Casket Company .................................................................... 97–1477 03/18/97

Robert R. Dyson, Ralph G. Ridenour, Universal Enterprises, Inc. ................................................................................. 97–1481 03/18/97

Pierce Leahy Corp., Records Management Storage, Inc., Records Management Storage, Inc. ................................... 97–1368 03/19/97

Pacific Dunlop Limited, Harold F. Plemmons, Golden Needles Knitting & Glove Co. Ltd ............................................. 97–1428 03/19/97

Pacific Dunlop Limited, Michael G. Conniff, Golden Needles Knitting & Glove Co. Ltd ................................................. 97–1442 03/19/97

Westinghouse Electric Corporation, Peter A. Bordes, Greater Los Angeles Radio, Inc. ............................................... 97–1538 03/19/97

Peter A. Bordes, Westinghouse Electric Corporation, Infinity WOAZ–FM, Inc. .............................................................. 97–1539 03/19/97

Rifkin Acquisition Partners, L.L.L.P., American Cable TV Investors 5, Ltd, American Cable TV Investors 5, Ltd ........ 97–1331 03/20/97

Brooks Fiber Properties, Inc., Gus Constantin and Mary Jane Constantin, Phoenix Fiberlink of Utah, Inc., Phoenix

Communications ........................................................................................................................................................... 97–1348 03/20/97

American Disposal Service, Inc., WMX Technologies, Inc., Waste Management of Indiana, L.L.C. ............................. 97–1399 03/20/97

Evergreen Media Corporation, Sumner M. Redstone, Redstone Subsidiaries WAXQ Inc. ............................................ 97–1421 03/20/97

Hicks, Muse, Tate & Furst Equity Fund II, L.P., Sumner M. Redstone, KIBB, Inc., KYSR, Inc., WDRQ, Inc. & WLIT,

Inc. ................................................................................................................................................................................ 97–1423 03/20/97

General Electric Company, Xerox Corporation, Coregis Group, Inc. .............................................................................. 97–1449 03/20/97

The Washington Post Company, Tele-Communications, Inc., TCI American Cable Holdings II, L.P. ........................... 97–1463 03/20/97

S.C.R.–Sibelco S. A., Watts Blake Bearne & Company, PLC (a British company), Watts Blake Bearne & Company,

PLC ............................................................................................................................................................................... 97–1464 03/20/97

Robert F. X. Sillerman, Kenneth A. Brown, ABS Communications, L.L.C. ..................................................................... 97–1470 03/20/97

New York University, New York Downtown Hospital, New York Downtown Hospital .................................................... 97–1400 03/21/97

Fortis AMEV N.V., Robert S. and Rita DeLue (Husband and Wife), Associated California State Insurance Agencies,

Inc. ................................................................................................................................................................................ 97–1425 03/21/97

Fortis AG S.A., Robert S. and Rita DeLue (Husband and Wife), Associated California State Insurance Agencies,

Inc. ................................................................................................................................................................................ 97–1426 03/21/97

Tele-Communications, Inc., The Washington Post Company, Post-Newsweek Cable, Inc. .......................................... 97–1456 03/21/97

Foundation Health Corporation, Fund American Enterprises Holdings, Inc., Christiania General Insurance Corporation ................................................................................................................................................................................ 97–1487 03/21/97

Sigma-Aldrich Corporation, Riverside Fund I, L.P., Research Biochemicals Limited Partnership ................................. 97–1489 03/21/97

Duferco Participations Holding Limited, Deutsche Babcock AG, Baldwin Steel Company ............................................ 97–1490 03/21/97

Richard and Roberta Snyder, Inter-City Products Corporation (a Canadian company), Inter-City Products Corporation ................................................................................................................................................................................ 97–1491 03/21/97