[Federal Register Volume 59, Number 165 (Friday, August 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-21050]
[[Page Unknown]]
[Federal Register: August 26, 1994]
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FEDERAL RESERVE SYSTEM
Serge L. Sisler, 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 September 15, 1994.
A. Federal Reserve Bank of Chicago (James A. Bluemle, Vice
President) 230 South LaSalle Street, Chicago, Illinois 60690:
1. Serge L. Sisler, Coggon, Iowa, to acquire, as a result of a
stock redemption, an additional 25.08 percent (for a total of 56.93
percent), of the voting shares of North Linn Corporation, Coggon, Iowa,
and thereby indirectly acquire Linn County State Bank, Coggon, Iowa.
B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice
President) 411 Locust Street, St. Louis, Missouri 63166:
1. Doris Brumfield, and Stewart M. Brumfield, as trustee to the
Valley Bank ESOP, Greenwood, Mississippi, to acquire 3.58 percent of
the voting shares of Valley Capital Corporation, Cleveland,
Mississippi, and thereby indirectly acquire The Valley Bank, Cleveland,
Mississippi. As a result of this acquisition, Valley Bank ESOP and the
Brumfields would control, respectively, 14.96 percent and 13.52 percent
(for a total of 28.48 percent) of the voting shares of Valley Capital
Corporation.
Board of Governors of the Federal Reserve System, August 22,
1994.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 94-21050 Filed 8-25-94; 8:45 am]
BILLING CODE 6210-01-F