[Federal Register Volume 62, Number 203 (Tuesday, October 21, 1997)]
[Notices]
[Pages 54636-54637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27751]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire Companies that are Engaged in Permissible 
Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR Part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company that engages either 
directly or through a subsidiary or other company, in a nonbanking 
activity that is listed in Sec.  225.28 of Regulation Y (12 CFR 225.28) 
or that the Board has determined by Order to be closely related to 
banking and permissible for bank holding companies. Unless otherwise 
noted, these activities will be conducted throughout the United States.

[[Page 54637]]

    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than November 4, 1997.
    A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior 
Vice President) 33 Liberty Street, New York, New York 10045-0001:
    1. The Toronto-Dominion Bank, Toronto, Canada, and Waterhouse 
Investors Services, Inc., New York, New York; to acquire Kennedy Cabot 
& Co., Beverly Hills, California, and thereby engage in investment 
advisory activities and securities brokerage and riskless principal 
activities, pursuant to Secs.  225.28 (b)(6) and (7) of the Board's 
Regulation Y.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Louisville Development Bancorp, Inc., Louisville, Kentucky; to 
acquire Louisville Enterprise Center, Inc., Louisville, Kentucky, and 
thereby engage in community development activities, pursuant to Sec.  
225.28(b)(12) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System, October 15, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-27751 Filed 10-20-97; 8:45 am]
BILLING CODE 6210-01-F