[Federal Register Volume 59, Number 229 (Wednesday, November 30, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29460]
[[Page Unknown]]
[Federal Register: November 30, 1994]
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FEDERAL RESERVE SYSTEM
Douglas M. and Marla Morley, et al.; 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. Once the notices have been accepted for
processing, they will also 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 December 13, 1994.
A. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice
President) 925 Grand Avenue, Kansas City, Missouri 64198:
1. Douglas M. and Marla Morley, both of Belle Plaine, Kansas; to
retain a total of 24.3 percent of the voting shares, and Douglas M.
Morley, Irrevocable Trustee, to acquire an additional 1.7 percent, for
a total of 14.0 percent, of the voting shares of Morely Bancshares
Corporation, Belle Plaine, Kansas, and thereby indirectly acquire The
Valley State Bank, Belle Plaine, Kansas.
B. Federal Reserve Bank of San Francisco (Kenneth R. Binning,
Director, Bank Holding Company) 101 Market Street, San Francisco,
California 94105:
1. Whitman Heffernan and Rhein Management Corporation, through
Whitman Heffernan and Rhein Workout Fund II, L.P., and Whitman
Heffernan & Rhein Workout Fund II-A, L.P., all of Bronxville, New York;
to acquire 24.90 percent of the voting shares of SDNB Financial
Corporation, San Diego, California, and thereby indirectly acquire San
Diego National Bank, San Diego, California.
Board of Governors of the Federal Reserve System, November 23,
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-29460 Filed 11-29-94; 8:45 am]
BILLING CODE 6210-01-F
