[Federal Register Volume 60, Number 114 (Wednesday, June 14, 1995)]
[Notices]
[Page 31310]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14497]



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FEDERAL RESERVE SYSTEM

Hibernia Corporation, 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 July 7, 1995.

    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:

    1. Hibernia Corporation, New Orleans, Louisiana; to acquire 100 
percent of the voting shares of Delta Bank & Trust Company, Belle 
Chasse, Louisiana.

    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:

    1. Davis Bancshares, Inc., McClusky, North Dakota; to become a bank 
holding company by acquiring at least 74.7 percent of the voting shares 
of First National Bank of McClusky, McClusky, North Dakota.

    C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:

    1. Southwestern Bancshares, Inc., Glen Rose, Texas; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Southwestern Delaware Financial Corporation, Dover, Delaware, and 
thereby indirectly acquire First National Bank, Glen Rose, Texas.

    In connection with this application, Southwestern Delaware 
Financial Corporation, Dover, Delaware, also has applied to become a 
bank holding company by acquiring 100 percent of the voting shares of 
First National Bank, Glen Rose, Texas.

    Board of Governors of the Federal Reserve System, June 8, 1995.

Jennifer J. Johnson,

Deputy Secretary of the Board.

[FR Doc. 95-14497 Filed 6-13-95; 8:45 am]
BILLING CODE 6210-01-F