[Federal Register Volume 60, Number 230 (Thursday, November 30, 1995)]
[Notices]
[Page 61555]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-29276]



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FEDERAL RESERVE SYSTEM


ABS Investors, 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 December 26, 1995.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. ABS Investors, LLC, Atlanta, Georgia; to become a bank holding 
company by acquiring 50.1 percent of the voting shares of American 
Bankshares, Inc., Marietta, Georgia, and thereby indirectly acquire 
Cobb American Bank & Trust Company, Marietta, Georgia.
    B. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 
President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Crosstown Holding Company, Ham Lake, Minnesota; to merge with 
Balaton Agency, Inc., Balaton, Minnesota, and thereby indirectly 
acquire 21st Century Bank, Balaton, Minnesota.
    C. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Quanah Financial Corporation Employee Stock Ownership Plan, 
Quanah, Texas; to become a bank holding company by acquiring 31.23 
percent of the voting shares of Quanah Financial Corporation, Quanah, 
Texas, and thereby indirectly acquire Quanah Bancshares, Inc., Quanah, 
Texas, and First National Bank, Quanah, Texas.
    In connection with this application, Quanah Financial Corporation, 
Quanah, Texas, also has applied to become a bank holding company by 
acquiring 100 percent of the voting shares of Quanah Bancshares, Inc., 
Quanah, Texas, and thereby indirectly acquire First National Bank, 
Quanah, Texas.

    Board of Governors of the Federal Reserve System, November 27, 
1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-29276 Filed 11-29-95; 8:45 am]
BILLING CODE 6210-01-F