[Federal Register Volume 60, Number 172 (Wednesday, September 6, 1995)]
[Notices]
[Page 46281]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-21999]



=======================================================================
-----------------------------------------------------------------------

FEDERAL RESERVE SYSTEM


CNB Bancshares of Victoria, Inc., 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 September 29, 1995.
    A. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. CNB Bancshares of Victoria, Inc., Victoria, Texas; to become a 
bank holding company by acquiring 100 percent of the voting shares of 
Citizens Bancorp of Delaware, Inc., Wilmington, Delaware, and thereby 
indirectly acquire Citizens National Bank, Victoria, Texas.
    In connection with this application, Citizens Bancorp of Delaware, 
Inc., Wilmington, Delaware, also has applied to become a bank holding 
company by acquiring 100 percent of the voting shares of Citizens 
National Bank, Victoria, Texas.
    2. Magnolia Partnership Investments, Ltd, Beaumont, Texas; to 
become a bank holding company by acquiring 44.3 percent of the voting 
shares of First of Groves Corporation, Groves, Texas, and thereby 
indirectly acquire First Bank & Trust Company, Groves, Texas, and First 
National Bank, Silsbee, Texas.

    Board of Governors of the Federal Reserve System, August 30, 
1995.
William W. Wiles,
Secretary of the Board.
[FR Doc. 95-21999 Filed 9-5-95; 8:45 am]
BILLING CODE 6210-01-F