95-21999. CNB Bancshares of Victoria, Inc., et al.; Formations of; Acquisitions by; and Mergers of Bank Holding Companies  

  • [Federal Register Volume 60, Number 172 (Wednesday, September 6, 1995)]
    [Notices]
    [Page 46281]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-21999]
    
    
    
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    FEDERAL RESERVE SYSTEM
    
    
    CNB Bancshares of Victoria, Inc., et al.; Formations of; 
    Acquisitions by; and Mergers of Bank Holding Companies
    
        The companies listed in this notice have applied for the Board's 
    approval under section 3 of the Bank Holding Company Act (12 U.S.C. 
    1842) and Sec.  225.14 of the Board's Regulation Y (12 CFR 225.14) to 
    become a bank holding company or to acquire a bank or bank holding 
    company. The factors that are considered in acting on the applications 
    are set forth in section 3(c) of the Act (12 U.S.C. 1842(c)).
        Each application is 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 to the Reserve Bank or to the offices of the Board of 
    Governors. Any comment on an application that requests a hearing must 
    include a statement of why a written presentation would not suffice in 
    lieu of a hearing, identifying specifically any questions of fact that 
    are in dispute and summarizing the evidence that would be presented at 
    a hearing.
        Unless otherwise noted, comments regarding each of these 
    applications must be received not later than September 29, 1995.
        A. Federal Reserve Bank of Dallas (Genie D. Short, Vice President) 
    2200 North Pearl Street, Dallas, Texas 75201-2272:
        1. CNB Bancshares of Victoria, Inc., Victoria, Texas; to become a 
    bank holding company by acquiring 100 percent of the voting shares of 
    Citizens Bancorp of Delaware, Inc., Wilmington, Delaware, and thereby 
    indirectly acquire Citizens National Bank, Victoria, Texas.
        In connection with this application, Citizens Bancorp of Delaware, 
    Inc., Wilmington, Delaware, also has applied to become a bank holding 
    company by acquiring 100 percent of the voting shares of Citizens 
    National Bank, Victoria, Texas.
        2. Magnolia Partnership Investments, Ltd, Beaumont, Texas; to 
    become a bank holding company by acquiring 44.3 percent of the voting 
    shares of First of Groves Corporation, Groves, Texas, and thereby 
    indirectly acquire First Bank & Trust Company, Groves, Texas, and First 
    National Bank, Silsbee, Texas.
    
        Board of Governors of the Federal Reserve System, August 30, 
    1995.
    William W. Wiles,
    Secretary of the Board.
    [FR Doc. 95-21999 Filed 9-5-95; 8:45 am]
    BILLING CODE 6210-01-F
    
    

Document Information

Published:
09/06/1995
Department:
Federal Reserve System
Entry Type:
Notice
Document Number:
95-21999
Pages:
46281-46281 (1 pages)
PDF File:
95-21999.pdf