[Federal Register Volume 64, Number 190 (Friday, October 1, 1999)]
[Notices]
[Pages 53390-53391]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-25495]
-----------------------------------------------------------------------
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, including the
companies listed below, 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
[[Page 53391]]
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 October 15, 1999.
A. Federal Reserve Bank of New York (Betsy Buttrill White, Senior
Vice President) 33 Liberty Street, New York, New York 10045-0001:
1. Landesbank Baden-Wurttemberg, Stuttgart, Federal Republic of
Germany; to engage de novo through its subsidiary, SuedLeasing (USA)
Corp., New York, New York, in leasing activities in North America,
pursuant to Sec. 225.28 (b)(3) of Regulation Y.
B. Federal Reserve Bank of Atlanta (Cynthia Goodwin, Vice
President) 104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
1. PAB Bankshares, Inc., Valdosta, Georgia; to acquire Baxley
Federal Savings Bank, Baxley, Georgia, and thereby engage in operating
a savings association, pursuant to Sec. 225.28(b)(4)(ii) of Regulation
Y. Comments regarding this application must be received not later than
October 25, 1999.
C. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Iowa State Bank Holding Company, Des Moines, Iowa; to engage de
novo through its subsidiary, Capitol Partners, L.C., Des Moines, Iowa,
in community development activities, pursuant to Sec. 225.28(b)(12) of
Regulation Y.
Board of Governors of the Federal Reserve System, September 27,
1999.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 99-25495 Filed 9-30-99; 8:45 am]
BILLING CODE 6210-01-F
