[Federal Register Volume 60, Number 136 (Monday, July 17, 1995)]
[Notices]
[Pages 36429-36430]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-17414]



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FEDERAL RESERVE SYSTEM

First Commerce Corporation, 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 August 10, 1995.
    A. Federal Reserve Bank of Atlanta (Zane R. Kelley, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303:
    1. First Commerce Corporation, New Orleans, Louisiana; to merge 
with Central Corporation, Monroe, Louisiana, and thereby indirectly 
acquire Central Bank, Monroe, Louisiana, and First United Bank of 
Farmerville, Farmerville, Louisiana.
    B. Federal Reserve Bank of Chicago (James A. Bluemle, Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690:
    1. Ida Grove Bancshares, Inc., Ida Grove, Iowa; to acquire 80.1 
percent of the voting shares of American Bancshares, Inc., Holstein, 
Iowa (in organization), and thereby indirectly acquire American 
National Bank, Holstein, Iowa.
    In connection with this application, American Bancshares, Inc., 
Holstein, Iowa, (in organization); also has applied to become a bank 
holding company by acquiring 100 percent of the voting shares of 
American National Bank, Holstein, Iowa.
    C. Federal Reserve Bank of Minneapolis (James M. Lyon, Vice 

[[Page 36430]]
    President) 250 Marquette Avenue, Minneapolis, Minnesota 55480:
    1. Mott Bankshares, Inc., Mott, North Dakota; to become a bank 
holding company by acquiring 49 percent of the voting shares of 
Commercial Bank of Mott, Mott, North Dakota.
    In connection with this application, Commercial Bank of Mott 
Employee Stock Ownership Plan and Trust, Mott, North Dakota, also has 
applied to become a bank holding company by acquiring 51 percent of the 
voting shares of Commercial Bank of Mott, Mott, North Dakota.
    D. Federal Reserve Bank of Kansas City (John E. Yorke, Senior Vice 
President) 925 Grand Avenue, Kansas City, Missouri 64198:
    1. Ercil P. and Lee Nell Phillips Charitable Remainder Unitrust, 
Pleasanton, Nebraska; to become a bank holding company by acquiring 
50.2 percent of the voting shares of Pleasanton State Bank, Pleasanton, 
Nebraska.
    2. Platte Valley Cattle Co., Grand Island, Nebraska; to acquire 100 
percent of the voting shares of Pleasanton State Bank, Pleasanton, 
Nebraska.

    Board of Governors of the Federal Reserve System, July 12, 1995.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 95-17414 Filed 7-14-95; 8:45 am]
BILLING CODE 6210-01-F