[Federal Register Volume 63, Number 87 (Wednesday, May 6, 1998)]
[Notices]
[Page 25043]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-11977]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of Banks 
or Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. 
The factors that are considered in acting on the notices are set forth 
in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than May 20, 1998.
    A. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Clanton Investments LP, Jerry N. Clanton, and Janys M. Clanton, 
all of Louisville, Kentucky; to acquire voting shares of Magnolia 
Bancshares, Inc., Hodgenville, Kentucky, and thereby indirectly acquire 
Bank of Magnolia, Magnolia, Kentucky.
    B. Federal Reserve Bank of Minneapolis (Karen L. Grandstrand, Vice 
President) 90 Hennepin Avenue, P.O. Box 291, Minneapolis, Minnesota 
55480-0291:
    1. Myron L. Mulder, Prinsburg, Minnesota; to acquire voting shares 
of PSB Financial Shares, Inc., Prinsburg, Minnesota, and thereby 
indirectly acquire Prinsburg State Bank, Prinsburg, Minnesota.

    Board of Governors of the Federal Reserve System, April 30, 
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-11977 Filed 5-5-98; 8:45 am]
BILLING CODE 6210-01-F