[Federal Register Volume 61, Number 51 (Thursday, March 14, 1996)]
[Notices]
[Page 10581]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-6078]
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FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and Mergers of Bank Holding
Companies
The company listed in this notice has applied to the Board for
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C.
Sec. 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 company listed below.
The application listed below, as well as other related filings
required by the Board, are available for immediate inspection at the
Federal Reserve Bank indicated. Once the application has been accepted
for processing, it will also 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. Sec.
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, including whether the acquisition of the nonbanking company can
``reasonably be expected to produce benefits to the public, such as
greater convenience, increased competition, or gains in efficiency,
that outweigh possible adverse effects, such as undue concentration of
resources, decreased or unfair competition, conflicts of interests, or
unsound banking practices'' (12 U.S.C. Sec. 1843). Any request for
a hearing must be accompanied by a statement of the reasons a written
presentation would not suffice in lieu of a hearing, identifying
specifically any questions of fact that are in dispute, summarizing the
evidence that would be presented at a hearing, and indicating how the
party commenting would be aggrieved by approval of the proposal. Unless
otherwise noted, nonbanking activities will be conducted throughout the
United States.
Unless otherwise noted, comments regarding the application must be
received at the Reserve Bank indicated or the offices of the Board of
Governors not later than April 8, 1996.
A. Federal Reserve Bank of Dallas (Genie D. Short, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Brazos Bancshares, Inc., Joshua, Texas; to acquire 83.69 percent
of the common stock voting shares and 67 percent of the preferred stock
voting shares of Heritage Eagle Corporation, Red Oak, Texas, and
thereby indirectly acquire Fore Corporation, Wilmington, Delaware, and
Heritage Bank, Red Oak, Texas.
Board of Governors of the Federal Reserve System, March 8, 1996.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 96-6078 Filed 3-13-96; 8:45 am]
BILLING CODE 6210-01-F
