[Federal Register Volume 63, Number 2 (Monday, January 5, 1998)] [Notices] [Page 229] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-143] ----------------------------------------------------------------------- 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. 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 January 20, 1998. A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528: 1. Mason-Dixon Bancshares, Inc., Westminster, Maryland; to acquire Bay Finance, LLC and Bay Insurance, LLC, both of Westminster, Maryland, which would acquire certain assets and assume certain liabilities of the following Maryland companies: Rose Shanis & Co., Inc., Rose Shanis Sons, Inc., Rose Shanis & Co., and Stephen Corp., all of Baltimore, Maryland, and thereby engage in consumer finance activites and to act as an agent in the sale of credit related insurance, pursuant to Secs. 225.28(b)(1), (b)(11)(i), and (b)(11)(ii) of the Board's Regulation Y. B. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528; Federal Reserve Bank of Cleveland (Jeffery Hirsch, Banking Supervisor) 1455 East Sixth Street, Cleveland, Ohio 44101-2566, and Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice President) 411 Locust Street, St. Louis, Missouri 63102-2034: 1. Huntington Bancshares Incorporated, Columbus, Ohio, Area Bancshares Corporation, Owensboro, Kentucky, and Wachovia Corporation, Winston-Salem, North Carlina; to engage through SecureWare, Inc., Atlanta, Georgia, in data processing activities, pursuant to Sec. 225.28(b)(14) of the Board's Regulation Y. Board of Governors of the Federal Reserve System, December 30, 1997. Jennifer J. Johnson, Deputy Secretary of the Board. [FR Doc. 98-143 Filed 1-2-98; 8:45 am] BILLING CODE 6210-01-F