[Federal Register Volume 63, Number 3 (Tuesday, January 6, 1998)]
[Notices]
[Page 563]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-237]


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FEDERAL RESERVE SYSTEM


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. The notices also will 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 January 20, 1998.
    A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521:
    1. Michael S. Stern, Vineland, New Jersey; to acquire voting shares 
of Penn Bancshares, Inc., Pennsville, New Jersey, and thereby 
indirectly acquire The Pennsville National Bank, Pennsville Township, 
New Jersey.
    B. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Carl Coleman Hames, Jr., Woodstock, Georgia; to acquire 
additional voting shares of First Cherokee Bancshares, Inc., Woodstock, 
Georgia, and thereby indirectly acquire First National Bank of 
Cherokee, Woodstock, Georgia.

    Board of Governors of the Federal Reserve System, December 31, 
1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 98-237 Filed 1-5-98; 8:45 am]
BILLING CODE 6210-01-F