31116 Federal Register / Vol. 61, No. 119 / Wednesday, June 19, 1996 / Notices

nonbanking company complies with the

standards in section 4 of the BHC Act,

including whether the acquisition of the

nonbanking company 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’’

(12 U.S.C. 1843). Any request for

a hearing 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.

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 July 12, 1996.

A. Federal Reserve Bank of Atlanta

(Zane R. Kelley, Vice President) 104

Marietta Street, N.W., Atlanta, Georgia

30303:

1. Meriwether Bank Shares, Inc.,

Greenville, Georgia; to become a bank

holding company by acquiring 100

percent of the voting shares of The

Greenville Banking Company,

Greenville, Georgia.

2. Mid State Banks, Inc., Cordele,

Georgia; to acquire 100 percent of the

voting shares of The First State Bank of

Ocilla, Ocilla, Georgia.

B. Federal Reserve Bank of Kansas

City (John E. Yorke, Senior Vice

President) 925 Grand Avenue, Kansas

City, Missouri 64198:

1. CB Holding Company,, Edmond,

Oklahoma; to become a bank holding

company by acquiring 95.8 percent of

the voting shares of P.N.B. Financial

Corporation, Kingfisher, Oklahoma, and

thereby indirectly acquire Peoples

National Bank of Kingfisher, Kingfisher,

Oklahoma, and First Bank of Hennessey,

Hennessey, Oklahoma.

In addition, Applicant also will

acquire 75 percent of the voting shares

of City National Bancshares of

Weatherford, Inc., Weatherford,

Oklahoma, and thereby indirectly

acquire City Bank, Weatherford,

Oklahoma.

C. Federal Reserve Bank of Dallas

(Genie D. Short, Vice President) 2200

North Pearl Street, Dallas, Texas 75201-

2272:

1. Ouachita Bancshares Corp.,

Monroe, Louisiana; to become a bank

holding company by acquiring 100

percent of the voting shares of Ouachita

Independent Bank, Monroe, Louisiana, a

de novo bank.

Board of Governors of the Federal Reserve

System, June 13, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–15522 Filed 6–18–96; 8:45 am]

BILLING CODE 6210–01–F

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 that engages

either directly or through a subsidiary or

other company, in a nonbanking activity

that is listed in § 225.25 of Regulation

Y (12 CFR 225.25) 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.

Once the notice 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 the proposal complies

with the standards of section 4 of the

BHC Act, including 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’’

(12 U.S.C. 1843). 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.

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 July 3, 1996.

A. Federal Reserve Bank of New

York (Christopher J. McCurdy, Senior

Vice President) 33 Liberty Street, New

York, New York 10045:

1. Bankers Trust New York

Corporation, New York, New York; to

acquire Wolfensohn & Co., Inc., New

York, New York, and thereby indirectly

acquire Fuji-Wolfensohn International,

New York, New York, and thereby

engage in providing financial advisory

services to domestic and foreign

industrial corporations and financial

institutions, pursuant to § 225.25(b)(4)

of the Board’s Regulation Y. The

geographic scope of this activity is

worldwide.

B. Federal Reserve Bank of

Richmond (Lloyd W. Bostian, Jr., Senior

Vice President) 701 East Byrd Street,

Richmond, Virginia 23261:

1. Southern National Corporation,

Winston-Salem, North Carolina; to

acquire Regional Acceptance

Corporation, Greenville, North Carolina,

and thereby engage in financing

consumer purchases of late-model used

automobiles and other used motor

vehicles and making direct loans to

customers who typically have limited

access to credit, and in offering

insurance products to customers in

connection with its financing

operations, pursuant to §§

225.25(b)(1)(i), (b)(8)(i), and (b)(8)(ii) of

the Board’s Regulation Y.

C. Federal Reserve Bank of Chicago

(James A. Bluemle, Vice President) 230

South LaSalle Street, Chicago, Illinois

60690:

1. Libertyville Bancorp, Inc., Lake

Forest, Illinois, to engage de novo in

making and servicing loans, pursuant to

§ 225.25(b)(1) of the Board’s Regulation

Y.

Board of Governors of the Federal Reserve

System, June 13, 1996.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 96–15520 Filed 6–18–96; 8:45 am]

BILLING CODE 6210–01–F

Sunshine Meeting Act

AGENCY HOLDING THE MEETING: Board of

Governors of the Federal Reserve

System.

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

24, 1996.

PLACE: Marriner S. Eccles Federal

Reserve Board Building, C Street

entrance between 20th and 21st Streets,

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