15568 Federal Register / Vol. 60, No. 57 / Friday, March 24, 1995 / Notices

1995. Complainants allege that

Respondents, jointly and severally have

violated section 10(a)(1) of the Shipping

Act of 1984, 46 U.S.C. app. § 1709(a)(1)

by knowingly and willfully and

fraudulently attempting to obtain, by

means of a false classification and/or by

other unjust and unfair means, ocean

transportation of cargo of less than the

rate and charges otherwise applicable.

This proceeding has been assigned to

the office of Administrative Law Judges.

Hearing in this matter, if any is held,

shall commence within the time

limitations prescribed in 46 CFR 502.61,

and only after consideration has been

given by the parties and the presiding

officer to the use of alternative forms of

dispute resolution. The hearing shall

include oral testimony and crossexamination in the discretion of the

presiding officer only upon proper

showing that there are genuine issues of

material fact that cannot be resolved on

the basis of sworn statements, affidavits,

depositions, or other documents or that

the nature of the matter in issue is such

that an oral hearing and crossexamination are necessary for the

development of an adequate record.

Pursuant to the further terms of 46 CFR

502.61, the initial decision of the

presiding officer in this proceeding shall

be issued by March 20, 1996, and the

final decision of the Commission shall

be issued by June 20, 1996.

Joseph C. Polking,

Secretary.

[FR Doc. 95–7225 Filed 3–23–95; 8:45 am]

BILLING CODE 6730–01–M

FEDERAL RESERVE SYSTEM

Ace Gas, Inc., et al.; Formations of;

Acquisitions by; and Mergers of Bank

Holding Companies

The companies listed in this notice

have applied for the Board’s approval

under section 3 of the Bank Holding

Company Act (12 U.S.C. 1842) and §

225.14 of the Board’s Regulation Y (12

CFR 225.14) to become a bank holding

company or to acquire a bank or bank

holding company. The factors that are

considered in acting on the applications

are set forth in section 3(c) of the Act

(12 U.S.C. 1842(c)).

Each 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 to the

Reserve Bank or to the offices of the

Board of Governors. Any comment on

an application that requests a hearing

must include a statement of why a

written presentation would not suffice

in lieu of a hearing, identifying

specifically any questions of fact that

are in dispute and summarizing the

evidence that would be presented at a

hearing.

Unless otherwise noted, comments

regarding each of these applications

must be received not later than April 17,

1995.

A. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198:

1. Ace Gas, Inc., Deshler, Nebraska,

and Gibbon Exchange Company,

Gibbon, Nebraska; to indirectly acquire

Nebraska National Bank (in

organization), Kearney, Nebraska.

B. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. DG Partnership, Ltd.; Muleshoe,

Texas; to become a bank holding

company by acquiring 32.20 percent of

the voting shares of Muleshoe

Bancshares, Inc., Muleshoe, Texas, and

thereby indirectly acquire First Bank of

Muleshoe, Muleshoe, Texas.

2. Danny Management, Inc.,

Muleshoe, Texas; to become a bank

holding company by acquiring 1 percent

of the voting shares of DG Partnership,

Ltd., Muleshoe, Texas, and thereby

indirectly acquiring Muleshoe

Bancshares, Inc., Muleshoe, Texas, and

First Bank of Muleshoe, Muleshoe,

Texas.

Board of Governors of the Federal Reserve

System, March 20, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–7292 Filed 3–23–95; 8:45 am]

BILLING CODE 6210–01–F

C&F Financial Corporation; Notice of

Application to Engage de novo in

Permissible Nonbanking Activities

The company listed in this notice has

filed an application under § 225.23(a)(1)

of the Board’s Regulation Y (12 CFR

225.23(a)(1)) for the Board’s approval

under section 4(c)(8) of the Bank

Holding Company Act (12 U.S.C.

1843(c)(8)) and § 225.21(a) of Regulation

Y (12 CFR 225.21(a)) to commence or to

engage de novo, either directly or

through a subsidiary, in a nonbanking

activity that is listed in § 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 April 7, 1995.

A. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261:

1. C&F Financial Corporation, West

Point, Virginia; to engage de novo,

through its subsidiary C&F Investment

Services, Inc., West Point, Virginia, in

securities brokerage services including

stocks, municipal bonds, corporate

bonds, government bonds, mutual

funds, unit investment trusts and

options; investment advisory services

including financial planning, individual

retirement plans, small business

retirement plans, education funding

programs and asset allocation programs,

pursuant § 225.25(b)(15)(ii) of the

Board’s Regulation Y.

Board of Governors of the Federal Reserve

System, March 20, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95–7293 Filed 3–23–95; 8:45 am]

BILLING CODE 6210–01–F

Rachel Ann Solsrud; Change in Bank

Control Notice

Acquisition of Shares of Banks or

Bank Holding Companies

The notificant listed below has

applied under the Change in Bank

Control Act (12 U.S.C. 1817(j)) and §

225.41 of the Board’s Regulation Y (12