[Federal Register Volume 60, Number 79 (Tuesday, April 25, 1995)]
[Notices]
[Page 20271]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-10119]



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FEDERAL RESERVE SYSTEM

Wilmington Trust Corporation, et al.; Acquisition of Company 
Engaged in Permissible Nonbanking Activities

    The organization listed in this notice has applied under Sec.  
225.23 (a)(2) or (f) of the Board's Regulation Y (12 CFR 225.23(a)(2) 
or (f)) for the Board's approval under section 4(c)(8) of the Bank 
Holding Company Act (12 U.S.C. 1843(c)(8)) and Sec.  225.21(a) of 
Regulation Y (12 CFR 225.21(a)) to acquire or control voting securities 
or assets of a company engaged in a nonbanking activity that is listed 
in Sec.  225.25 of Regulation Y as closely related to banking and 
permissible for bank holding companies. Unless otherwise noted, such 
activities will be conducted throughout the United States.
    The application is 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 question whether consummation of the proposal can 
``reasonably be expected to produce benefits to the public, such as 
greater convenience, increased competition, or gains in efficiency, 
that outweigh possible adverse effects, such as undue concentration of 
resources, decreased or unfair competition, conflicts of interests, or 
unsound banking practices.'' Any request for a hearing on this question 
must be accompanied by a statement of the reasons a written 
presentation would not suffice in lieu of a hearing, identifying 
specifically any questions of fact that are in dispute, summarizing the 
evidence that would be presented at a hearing, and indicating how the 
party commenting would be aggrieved by approval of the proposal.

    Comments regarding the application must be received at the Reserve 
Bank indicated or the offices of the Board of Governors not later than 
May 10, 1995.

    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
    1. Wilmington Trust Corporation, Wilmington, Delaware; to acquire 
Wilmington Trust of Florida, Stuart, Florida, and thereby engage in 
certain trust activities through a subsidiary, pursuant to Sec.  
225.25(b)(3) of the Board's Regulation Y.

    B. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:

    1. Brazosport Corporation, Corpus Christi, Texas; to acquire First 
Commerce Mortgage Corporation, Corpus Christi, Texas, and thereby 
engage in making, acquiring, or servicing loans for itself or for 
others, and loan marketing and advisory services, pursuant to Sec.  
225.25(b)(1) of the Board's Regulation Y. The geographic scope for 
these activities is Corpus Christi, Texas; the Brazosport area (which 
includes Freeport, Lake Jackson, Clute, and Richwood, Texas); and 
adjacent areas.

    Board of Governors of the Federal Reserve System, April 19, 
1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-10119 Filed 4-24-95; 8:45 am]

BILLING CODE 6210-01-F