Federal Register / Vol. 63, No. 106 /Wednesday, June 3, 1998 / Notices 30229

voting shares of First State Bank,

Morton, Texas. In addition the bank’s

main office will be relocated to Keller,

Texas, and the bank will be renamed

American Bank, Keller, Texas.

Board of Governors of the Federal Reserve

System, May 29, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–14723 Filed 6–2–98; 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, including the

companies listed below, 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 June 18, 1998.

A. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. Unionbancorp, Inc., Ottawa,

Illinois; to retain Sainet, Streator,

Illinois (an Internet service provider),

and thereby engage in providing access

to the Internet to their institutions, and

in data processing activities, pursuant to

§ 225.28(b)(14)(ii) of Regulation Y.

Board of Governors of the Federal Reserve

System, May 29, 1998.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 98–14722 Filed 6–2–98; 8:45 am]

BILLING CODE 6210–01–F

FEDERAL RESERVE SYSTEM

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: Board of

Governors of the Federal Reserve

System.

TIME AND DATE: 11:00 a.m., Monday, June

8, 1998.

PLACE: Marriner S. Eccles Federal

Reserve Board Building, 20th and C

Streets, N.W., Washington, D.C. 20551.

STATUS: Closed.

MATTERS TO BE CONSIDERED:

1. Personnel actions (appointments,

promotions, assignments,

reassignments, and salary actions)

involving individual Federal Reserve

System employees.

2. Any items carried forward from a

previously announced meeting.

CONTACT PERSON FOR MORE INFORMATION:

Lynn S. Fox, Assistant to the Board;

202–452–3204.

SUPPLEMENTARY INFORMATION: You may

call 202–452–3206 beginning at

approximately 5 p.m. two business days

before the meeting for a recorded

announcement of bank and bank

holding company applications

scheduled for the meeting; or you may

contact the Board’s Web site at http://

www.bog.frb.fed.us for an electronic

announcement that not only lists

applications, but also indicates

procedural and other information about

the meeting.

Dated: June 1, 1998.

Jennifer J. Johnson,

Secretary of the Board.

[FR Doc. 98–14806 Filed 6–1–98; 10:42 am]

BILLING CODE 6210–01–P

GENERAL ACCOUNTING OFFICE

Federal Accounting Standards

Advisory Board

AGENCY: General Accounting Office.

ACTION: Notice of meeting on June 25.

SUMMARY: Pursuant to section 10(a)(2) of

the Federal Advisory Committee Act

(Pub. L. 92–463), as amended, notice is

hereby given that the Federal

Accounting Standards Advisory Board

will hold a regular meeting on

Thursday, June 25, 1998, from 9:00 A.M.

to 4:00 P.M. in Room 5N30 (not 7C13)

of the General Accounting Office

building, 441 G St., N.W., Washington,

D.C. (A public hearing on Property,

Plant, and Equipment, notice of which

is separately published in the Federal

Register, is scheduled for the following

day, June 26.)

The purpose of the meeting is to

discuss the following issues: (1) Credit

Reform, (2) Management’s Discussion

and Analysis, (3) the Internal Revenue

Service’s request for amendments to the

Accounting for Revenue and Other

Financing Sources Standard, and (4) the

addition of new projects to the Board’s

agenda for 1998.

Any interested person may attend the

meeting as an observer. Board

discussions and reviews are open to the

Public.

FOR FURTHER INFORMATION CONTACT:

Wendy Comes, Executive Director, 441

G St., N.W., Room 3B18, Washington,

D.C. 20548, or call (202) 512–7350.

Authority: Federal Advisory Committee

Act. Pub. L. 92–463, Section 10(a)(2), 86 Stat.

770, 774 (1972) (current version at 5 U.S.C.

app. section 10(a)(2) (1988); 41 CFR 101–

6.1015 (1990).

Dated: May 29, 1998.

Wendy M. Comes,

Executive Director.

[FR Doc. 98–14726 Filed 6–2–98; 8:45 am]

BILLING CODE 1610–01–M

GENERAL ACCOUNTING OFFICE

Federal Accounting Standards

Advisory Board

AGENCY: General Accounting Office.

ACTION: Notice of public hearing on June

26.

SUMMARY: Pursuant to section 10(a)(2) of

the Federal Advisory Committee Act

(Pub. L. 92–463), as amended, notice is

hereby given that a public hearing of the

Federal Accounting Standards Advisory

Board will be held on Friday, June 26,

1998 from 9:00 a.m. to 5:00 p.m. in

room 5N30 of the General Accounting

Office, 441 G St., NW., Washington, DC.

The purpose of the hearing is to hear

testimony from interested parties on the

Amendments to Accounting for

Property, Plant, and Equipment

exposure draft, issued on February 13,

1998.

Persons interested in testifying should

contact the Property, Plant, and

Equipment Project Director, Richard

Wascak, on 202–512–7363, as soon as

possible but no later than Friday, June

12. If more people wishing to testify

than can be accommodated on this date,

the Board will schedule an additional

public hearing date. Due notice will be