97-19016. Notice of Proposals To Engage in Permissible Nonbanking Activities or To Acquire Companies That are Engaged in Permissible Nonbanking Activities  

  • [Federal Register Volume 62, Number 139 (Monday, July 21, 1997)]
    [Notices]
    [Page 38996]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-19016]
    
    
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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 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 August 14, 1997.
        A. Federal Reserve Bank of Richmond (A. Linwood Gill III, Assistant 
    Vice President) 701 East Byrd Street, Richmond, Virginia 23261-4528:
        1. Horizon Bancorp, Inc., Beckley, West Virginia; to acquire 
    Beckley Bancorp, Inc., Beckley, West Virginia, and thereby indirectly 
    acquire Beckley Federal Savings Bank, Beckley, West Virginia, and 
    thereby engage in operating a savings and loan association, pursuant to 
    Sec.  225.28(b)(4) of the Board's Regulation Y.
    
        Board of Governors of the Federal Reserve System, July 15, 1997.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 97-19016 Filed 7-18-97; 8:45 am]
    BILLING CODE 6210-01-F
    
    
    

Document Information

Published:
07/21/1997
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
97-19016
Pages:
38996-38996 (1 pages)
PDF File:
97-19016.pdf