Federal Register / Vol. 63, No. 139 /Tuesday, July 21, 1998 / Notices 39091

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 August 14,

1998.

A. Federal Reserve Bank of

Richmond (A. Linwood Gill III,

Assistant Vice President) 701 East Byrd

Street, Richmond, Virginia 23261-4528:

1. Carolina First BancShares, Inc.,

Lincolnton, North Carolina; to acquire

100 percent of the voting shares of

Community Bank & Trust Company,

Marion, North Carolina.

B. Federal Reserve Bank of Chicago

(Philip Jackson, Applications Officer)

230 South LaSalle Street, Chicago,

Illinois 60690-1413:

1. Capitol Bancorp, Ltd., Lansing,

Michigan; to acquire 51 percent of the

voting shares of Detroit Commerce Bank

(in organization), Detroit, Michigan.

2. Sun Community Bancorp Limited,

Phoenix, Arizona, and Capitol Bancorp,

Ltd., Lansing, Michigan; to acquire 51

percent of the voting shares of Mesa

Bank, Mesa, Arizona (in organization).

Board of Governors of the Federal Reserve

System, July 16, 1998.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 98–19408 Filed 7–20–98; 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 August 5, 1998.

A. Federal Reserve Bank of

Minneapolis (Karen L. Grandstrand,

Vice President) 90 Hennepin Avenue,

P.O. Box 291, Minneapolis, Minnesota

55480-0291:

1. Norwest Corporation, Minneapolis,

Minnesota; to engage de novo through a

joint venture subsidiary, DRH Mortgage,

LLC, Corona, California, in residential

mortgage lending activities, pursuant to

§ 225.28(b)(1) of Regulation Y.

Board of Governors of the Federal Reserve

System, July 16, 1998.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 98–19410 Filed 7–20–98; 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, July

27, 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: July 17, 1998.

Robert deV. Frierson,

Associate Secretary of the Board.

[FR Doc. 98–19551 Filed 7–17–98; 3:36 pm]

BILLING CODE 6210–01–P

FEDERAL TRADE COMMISSION

Sunshine Act Meeting

AGENCY HOLDING THE MEETING: FEDERAL

TRADE COMMISSION.

TIME AND DATE: 2:00 p.m., Thursday,

August 6, 1998.

PLACE: Federal Trade Commission

Building, Room 532, 6th Street and

Pennsylvania Avenue, NW.,

Washington, DC 20580.

STATUS: Parts of this meeting will be

open to the public. The rest of the

meeting will be closed to the public.

MATTERS TO BE CONSIDERED: Portions

Open to Public: (1) Oral Argument in

Novartis Corporation, et al., Docket

9279.

Portions Closed to the Public: (2)

Executive Session to follow Oral

Argument in Novartis Corporation, et al.

Docket 9279.

CONTACT PERSON FOR MORE INFORMATION:

Victoria Streitfeld, Office of Public

Affairs: (202) 326–2180, Recorded

Message: (202) 326–2711.

Donald S. Clark,

Secretary.

[FR Doc. 98–19472 Filed 7–17–98; 10:20 am]

BILLING CODE 6750–01–M

GENERAL ACCOUNTING OFFICE

Federal Accounting Standards

Advisory Board Meeting

AGENCY: General Accounting Office.

ACTION: Notice of Meeting on August 6

and 7.

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

the Federal Advisory Committee Act

(Pub. L. No. 92–463), as amended,

notice is hereby given that the Federal

Accounting Standards Advisory Board

will hold a two-day meeting on

Thursday, August 6 and Friday, August

7, 1998, from 9:00 a.m. to 4:00 p.m. in

Room 7C13, the Comptroller General’s

Briefing Room, of the General

Accounting Office building, 441 G St.,

NW., Washington, DC.

The purpose of the meeting is to

discuss the following issues: (1)

Management’s Discussion and Analysis,

(2) the Internal Revenue Service’s

request for amendments to the

Accounting for Revenue and Other

Financing Sources Standard, (3) the

addition of new projects to the Board’s

agenda for 1998, (4) the Accounting for

Internal Use Software Standard, (5) the

Amendments to Accounting for

Property, Plant, and Equipment

Exposure Draft, and (6) the definition of

‘‘probable.’’ Also, the Board will hear a