[Federal Register Volume 63, Number 50 (Monday, March 16, 1998)]
[Notices]
[Pages 12813-12814]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-6578]
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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 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 March 30, 1998.
A. Federal Reserve Bank of Chicago (Philip Jackson, Applications
Officer) 230 South LaSalle Street, Chicago, Illinois 60690-1413:
1. Stichting Prioriteit ABN AMRO Holding; Stichting
Administratiekantoor ABN AMRO Holding; ABN AMRO Holding N.V.; and ABN
AMRO Bank N.V., all of Amsterdam, The Netherlands; to acquire Sage
Clearing Corporation, San Francisco, California, and Sage Clearing
Limited Partnership, San Francisco, California, their subsidiaries, and
thereby engage in nonbanking activities including providing primary
clearing services with respect to securities and options on securities,
pursuant to Sec. 225.28(b)(7)(i) of the Board's Regulation Y; in
clearing futures transactions, pursuant to Sec. 225.28(b)(7)(iv) of
the Board's Regulation Y; and in providing data processing services,
pursuant to Sec. 225.28(b)(14) of the Board's Regulation Y.
B. Federal Reserve Bank of Kansas City (D. Michael Manies,
Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri
64198-0001:
[[Page 12814]]
1. Bancshares of Missouri, Inc., Kearney, Missouri; to engage
through Jesse James Festival Grounds, LLC, Kearney, Missouri, in
lending activities, pursuant to Sec. 225.28(b)(1) of the Board's
Regulation Y.
Board of Governors of the Federal Reserve System, March 10,
1998.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-6578 Filed 3-13-98; 8:45 am]
BILLING CODE 6210-01-F
