[Federal Register Volume 64, Number 100 (Tuesday, May 25, 1999)]
[Notices]
[Pages 28188-28189]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-13242]


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FEDERAL RESERVE SYSTEM


Notice of Proposal to Organize an Edge Corporation

    An application has been submitted for the Board's approval of the 
organization

[[Page 28189]]

of a corporation to do business under Section 25A of the Federal 
Reserve Act (Edge Corporation) 12 U.S.C. 611 et seq. The factors to be 
considered in acting on the application are set forth in the Board's 
Regulation K (12 CFR 211.4).
    The application may be inspected at the Federal Reserve Bank of 
Chicago or at 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, identify 
specifically any questions of fact that are in dispute, and summarize 
the evidence that would be presented at a hearing.
    Comments regarding the application must be receive by the Reserve 
Bank indicated or at the offices of the Board of Governors no later 
than June 18, 1999.
    A. Federal Reserve Bank of Chicago (Philip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
    1. European American Bank, Uniondale, New York; to establish EAB 
International, Inc., Uniondale, New York, which will acquire EAB 
Interim Proprietary Investment Company, Chicago, Illinois, and 
establish EAB Proprietary Investment Company II, Chicago, Illinois, EAB 
Proprietary Investment Company III, Chicago, Illinois, DIMP I C.V., 
Chicago, Illinois, and DIMP II C.V., Chicago, Illinois, and thereby 
engage in managing and investing the investment portfolio of European 
American Bank, pursuant to section 25A of the Federal Reserve Act.

    Board of Governors of the Federal Reserve System, May 20, 1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-13242 Filed 5-24-99; 8:45 am]
BILLING CODE 6210-01-F