[Federal Register Volume 59, Number 134 (Thursday, July 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-17070]
[[Page Unknown]]
[Federal Register: July 14, 1994]
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FEDERAL MARITIME COMMISSION
North Bank Employee Stock Ownership Plan, 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 August 3, 1994.
A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. North Bank Employee Stock Ownership Plan, Hale, Michigan, to
acquire 12.57 percent of the voting shares of North Bank Corporation,
Hale, Michigan, and thereby indirectly acquire North Bank, Hale,
Michigan.
B. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Joe Neill, Welch, Oklahoma, to acquire an additional 5.38
percent, for a total of 36.06 percent of the voting shares of Welch
Bancshares, Inc., Welch, Oklahoma, and thereby indirectly acquire The
Welch State Bank, Welch, Oklahoma.
C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Ronald E. Abbott, Paris, Texas, to acquire an additional .52
percent for a total of 25.42 percent; John W. Miles, Paris, Texas, to
acquire an additional .52 percent for a total of 25.42 percent; and
Linnie Ray Spencer, Paris, Texas, to acquire an additional .52 percent
for a total of 25.42 percent of the voting shares of Texas Peoples
National Bancshares, Inc., Paris, Texas, and thereby indirectly acquire
Peoples National Bank, Paris, Texas.
Board of Governors of the Federal Reserve System, July 8, 1994.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-17070 Filed 7-13-94; 8:45 am]
BILLING CODE 6210-01-F