[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