[Federal Register Volume 59, Number 46 (Wednesday, March 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5393]


[[Page Unknown]]

[Federal Register: March 9, 1994]


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FEDERAL RESERVE SYSTEM
 

Matthew and Bennett Lindenbaum, et al.; Change in Bank Control 
Notices; Acquisitions of Shares of Banks or Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. Once the notices have been accepted for 
processing, they 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 indicated for that notice or to the 
offices of the Board of Governors. Comments must be received not later 
than March 29, 1994.
    A. Federal Reserve Bank of Philadelphia (Thomas K. Desch, Vice 
President) 100 North 6th Street, Philadelphia, Pennsylvania 19105:
    1. Matthew and Bennett Lindenbaum, trustees for 1994 Garden State 
Trust , to acquire up to 24.9 percent of Garden State Bancshares, Inc., 
Jackson, New Jersey, and thereby indirectly acquire Garden State Bank, 
Jackson, New Jersey.
    B. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. Batrus & Co., as nominee of P. Dunmire trust, to retain 39.80 
percent; Batrus & Co., as nominee of S.E. Dunmire trust, to retain 10 
percent; Paul L. Dunmire, deceased, as trustee for Philip L. Dunmire, 
pursuant to Uniform Gifts to Minors Act, to retain 0.20 percent; Philip 
L. Dunmire, to retain 0.25 percent; C. Edward and Nancy Dunmire, to 
retain 0.25 percent of the voting shares of Peoples Financial Corp., 
Inc., Ford City, Pennsylvania, and thereby indirectly acquire Peoples 
Bank of Pennsylvania, Ford City, Pennsylvania; New Bethlehem Bank, New 
Bethlehem, Pennsylvania; Merchants National Bank of Kittaning, 
Kittaning, Pennsylvania.
    C. Federal Reserve Bank of Atlanta, (Zane R. Kelley, Vice 
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. Floyd F. and Helen L. Porter, Trustees of Tennessee Classics 
P.S., Inc., Gallatin, Tennessee, to each acquire at least 10 percent of 
the voting shares of Independent Bankshares Corporation, Gallatin, 
Tennessee, and thereby indirectly acquire First Independent Bank, 
Gallatin, Tennessee.

    Board of Governors of the Federal Reserve System, March 3, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-5393 Filed 3-8-94; 8:45 am]
BILLING CODE 6210-01-F