[Federal Register Volume 63, Number 166 (Thursday, August 27, 1998)]
[Notices]
[Pages 45815-45816]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-23078]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The applications listed below, as well as other related filings 
required by the Board, are available for immediate inspection at the 
Federal Reserve Bank indicated. The application also will be available 
for inspection at the offices of the Board of Governors. Interested 
persons may express their viewsin writing on the standards enumerated 
in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the 
acquisition of a nonbanking company, the review also includes whether 
the acquisition of the nonbanking company complies with the

[[Page 45816]]

standards in section 4 of the BHC Act. Unless otherwise noted, 
nonbanking activities will be conducted throughout the United States.
    Unless otherwise noted, comments regarding each of these 
applications must be received at the Reserve Bank indicated or the 
offices of the Board of Governors not later than September 21, 1998.
    A. Federal Reserve Bank of Atlanta (Lois Berthaume, Vice President) 
104 Marietta Street, N.W., Atlanta, Georgia 30303-2713:
    1. Flag Financial Corporation LaGrange, Georgia; to merge with 
Heart of Georgia Bancshares, Inc., Mount Vernon, Georgia, and thereby 
indirectly acquire Mount Vernon Bank, Mount Vernon, Georgia.
    B. Federal Reserve Bank of St. Louis (Randall C. Sumner, Vice 
President) 411 Locust Street, St. Louis, Missouri 63102-2034:
    1. Union Planters Corporation, Memphis, Tennessee, and its second 
tier subsidiary, Union Planters Holding Corporation, Memphis, 
Tennessee; to merge with LaPlace Bancshares, Inc., LaPlace, Louisiana, 
and thereby indirectly acquire Bank of LaPlace of St. John The Baptist 
Parish, Louisiana, LaPlace, Louisiana .
    C. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. First Gilmer Bankshares, Inc., Gilmer, Texas, and First Gilmer 
Delaware Holdings, Ltd., Wilmington, Delaware; to acquire 100 percent 
of the voting shares of Security State Bank, Ore City, Texas.

    Board of Governors of the Federal Reserve System, August 24, 
1998.
Robert deV. Frierson,
Associate Secretary of the Board.
[FR Doc. 98-23078 Filed 8-26-98; 8:45 am]
BILLING CODE 6210-01-F