[Federal Register Volume 67, Number 135 (Monday, July 15, 2002)]
[Notices]
[Pages 46518-46519]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-17613]


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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 (12 U.S.C. 1843). Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States. 
Additional information on all bank holding companies may be obtained 
from the National Information Center website at www.ffiec.gov/nic/.
    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 August 8, 2002.
    A. Federal Reserve Bank of Richmond (A. Linwood Gill, III, Vice 
President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
    1. Capital Bank Corporation, Raleigh, North Carolina; to merge with 
High Street Corporation, Asheville, North Carolina, and thereby 
indirectly acquire High Street Banking Company, Asheville, North 
Carolina.

[[Page 46519]]

    2. Community First Financial Corporation, Lynchburg, Virginia; to 
acquire up to 9.3 percent of the voting shares of Highlands Community 
Bank, Covington, Virginia (in organization).
    B. Federal Reserve Bank of Chicago (Phillip Jackson, Applications 
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Marshall & Ilsley Corporation, Milwaukee, Wisconsin; to merge 
with Mississippi Valley Bancshares, Inc., St. Louis, Missouri, and 
thereby indirectly acquire Southwest Bank of St. Louis, St. Louis, 
Missouri, Southwest Bank, Belleville, Illinois, and Southwest Bank of 
Phoenix, Phoenix, Arizona.
    In connection with this application, Applicant also has applied to 
engage in extending credit and servicing loans, through RE Holding 
Company A, RE Holding Company B, RE Holding Company C and SWB Real 
Estate Investment Trust, all located in Clayton, Missouri, pursuant to 
section 225.28(b)(1) of Regulation Y; to engage in providing financial 
and investment advisory services, through Eagle Fund, L.L.C., St. 
Louis, Missouri, pursuant to sections 225.28(b)(6) of Regulation Y; to 
engage in trust company activities, through MVBI Capital Trust, 
Wilmington, Delaware, pursuant to section 225.28(b)(5) of Regulation Y.
    C. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63166-2034:
    1. State Capital Corporation, Greenwood, Mississippi; to acquire up 
to 100 percent of the voting shares of Mississippi Southern Bank, Port 
Gibson, Mississippi.

    Board of Governors of the Federal Reserve System, July 9, 2002.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 02-17613 Filed 7-12-02; 8:45 am]
BILLING CODE 6210-01-S