[Federal Register Volume 63, Number 197 (Tuesday, October 13, 1998)]
[Notices]
[Page 54712]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-27333]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their views in writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the standards 
in section 4 of the BHC Act. Unless otherwise noted, nonbanking 
activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than November 6, 1998.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. City Holding Company, Charleston, West Virginia; to merge with 
Horizon Bancorp, Inc., Beckley, West Virginia, and thereby indirectly 
acquire Bank of Raleigh, Beckley, West Virginia; First National Bank of 
Marlinton, Marlinton, West Virginia; Greenbrier Valley National Bank, 
Lewisburg, West Virginia; National Bank of Summers, Hinton, West 
Virginia; and The Twentieth Street Bank, Huntington, West Virginia.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Community Spirit Bancshares, Inc., Belmont, Mississippi; to 
become a bank holding company by acquiring 100 percent of the voting 
shares of Community Spirit Bank, Belmont, Mississippi (in 
organization).
    2. The Weatherford Foundation of Red Bay, AL, Inc., and Independent 
Bancshares, Inc., both of Red Bay, Alabama; to acquire 100 percent of 
the voting shares of Community Spirit Bancshares, Inc., Belmont, 
Mississippi (in organization), and thereby indirectly acquire Community 
Spirit Bank - Mississippi, Belmont, Mississippi (in organization).
    C. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. CDS Bancorp, Inc., Spirit Lake, Iowa; to become a bank holding 
company by acquiring 100 percent of the voting shares of First Bank & 
Trust, Spirit Lake, Iowa.
    2. Ida Grove Bancshares, Inc., Ida Grove, Iowa; to acquire 90 
percent of the voting shares of First State Bank, Churdan, Iowa.
    D. Federal Reserve Bank of Kansas City (D. Michael Manies, 
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 
64198-0001:
    1. Community Bancshares, Inc., ESOP, Neosho, Missouri; to acquire 
an additional 21.72 percent for a pro forma total of 50 percent of the 
voting shares of Community Bancshares, Inc., Neosho, Missouri, and 
thereby indirectly acquire Community Bank & Trust, Neosho, Missouri.

    Board of Governors of the Federal Reserve System, October 6, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-27333 Filed 10-9-98; 8:45 am]
BILLING CODE 6210-01-F