[Federal Register Volume 60, Number 67 (Friday, April 7, 1995)]
[Notices]
[Page 17790]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-8581]



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FEDERAL RESERVE SYSTEM

Commonwealth Holdings, LLC, 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 Sec.  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 May 1, 1995.
    A. Federal Reserve Bank of Cleveland (John J. Wixted, Jr., Vice 
President) 1455 East Sixth Street, Cleveland, Ohio 44101:
    1. Commonwealth Holdings, LLC, Burlington, Kentucky; to become a 
bank holding company by acquiring 31.75 percent of the voting shares of 
Heritage Bancorp, Inc., Burlington, Kentucky, and thereby indirectly 
acquire Heritage Bank, Inc., Burlington, Kentucky.
    B. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. SouthTrust Corporation, Birmingham, Alabama, and SouthTrust of 
Georgia, Inc., Roswell, Georgia; to merge with Southern Bank Group, 
Inc., Roswell, Georgia, and thereby indirectly acquire Northside Bank & 
Trust Company, Roswell, Georgia.

    Board of Governors of the Federal Reserve System, April 3, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-8581 Filed 4-6-95; 8:45 am]
BILLING CODE 6210-01-F