Federal Register / Vol. 60, No. 233 / Tuesday, December 5, 1995 / Notices 62249 California, a venture capital firm, and 1. James River Bankshares, Inc., acquire Bankers First Corporation, and thereby engage in making, acquiring, or Suffolk, Virginia; to acquire 100 percent its subsidiary, Bankers First Savings servicing loans or other extensions of of the voting shares of Bank of Isle of Bank, both of Augusta, Georgia, and credit (including issuing letters of credit Wight, Smithfield, Virginia. thereby engage in operating a savings and accepting drafts) for the company's Board of Governors of the Federal Reserve association, pursuant to § 225.25(b)(9) account or for the account of others, System, November 29, 1995. of the Board's Regulation Y. At pursuant to § 225.25(b)(1) of the Board's Jennifer J. Johnson, consummation, Bankers First Regulation Y, and to acquire First Deputy Secretary of the Board. Corporation will merge into SouthTrust Interstate Bancorp's voting interest in [FR Doc. 95±29549 Filed 12±4±95; 8:45 am] of Georgia, Inc., and Bankers First Star System, Inc., a California nonprofit BILLING CODE 6210±01±F Savings Bank, FSB, will merge into mutual benefit corporation, and thereby SouthTrust of Georgia's bank subsidiary, provide data transmission services SouthTrust Bank of Georgia, N.A., through an electronic funds transfer SouthTrust Corporation; Acquisition of Atlanta, Georgia. network, pursuant to § 225.25(b)(7) of Company Engaged in Permissible Board of Governors of the Federal Reserve the Board's Regulation Y. Nonbanking Activities First Bank System also has applied to System, November 29, 1995. exercise an option to acquire up to 19.9 The organization listed in this notice Jennifer J. Johnson, percent of the voting shares of First has given notice under § 225.23(a)(2) or Deputy Secretary of the Board. Interstate Bancorp. (e) of the Board's Regulation Y (12 CFR [FR Doc. 95±29550 Filed 12±4±95; 8:45 am] Comments on this application must 225.23(a)(2) or (e)) for the Board's BILLING CODE 6210±01±F be received by December 21, 1995. approval under section 4(c)(8) of the Board of Governors of the Federal Reserve Bank Holding Company Act (12 U.S.C. System, November 29, 1995. 1843(c)(8)) and § 225.21(a) of Regulation Ruth Cain Thorne; Change in Bank Jennifer J. Johnson, Y (12 CFR 225.21(a)) to acquire or Control Notice; Acquisition of Shares Deputy Secretary of the Board. control voting securities or assets of a of Banks or Bank Holding Companies [FR Doc. 95±29548 Filed 12±4±95; 8:45 am] company engaged in a nonbanking activity that is listed in § 225.25 of BILLING CODE 6210±01±F The notificant listed below has Regulation Y as closely related to applied under the Change in Bank banking and permissible for bank Control Act (12 U.S.C. 1817(j)) and § James River Bankshares, Inc.; holding companies. Unless otherwise 225.41 of the Board's Regulation Y (12 Formation of, Acquisition by, or noted, such activities will be conducted CFR 225.41) to acquire a bank or bank Merger of Bank Holding Companies throughout the United States. holding company. The factors that are The notice is available for immediate considered in acting on notices are set The company listed in this notice has inspection at the Federal Reserve Bank forth in paragraph 7 of the Act (12 applied for the Board's approval under indicated. Once the notice has been U.S.C. 1817(j)(7)). section 3 of the Bank Holding Company accepted for processing, it will also be Act (12 U.S.C. 1842) and § 225.14 of the available for inspection at the offices of The notice is available for immediate Board's Regulation Y (12 CFR 225.14) to the Board of Governors. Interested inspection at the Federal Reserve Bank become a bank holding company or to persons may express their views in indicated. Once the notice has been acquire a bank or bank holding writing on the question whether accepted for processing, it will also be company. The factors that are consummation of the proposal can available for inspection at the offices of considered in acting on the applications ``reasonably be expected to produce the Board of Governors. Interested are set forth in section 3(c) of the Act benefits to the public, such as greater persons may express their views in (12 U.S.C. 1842(c)). convenience, increased competition, or writing to the Reserve Bank indicated The application is available for gains in efficiency, that outweigh for the notice or to the offices of the immediate inspection at the Federal possible adverse effects, such as undue Board of Governors. Comments must be Reserve Bank indicated. Once the concentration of resources, decreased or received not later than December 19, application has been accepted for unfair competition, conflicts of 1995. processing, it will also be available for interests, or unsound banking A. Federal Reserve Bank of Atlanta inspection at the offices of the Board of practices.'' Any request for a hearing on (Zane R. Kelley, Vice President) 104 Governors. Interested persons may this question must be accompanied by Marietta Street, N.W., Atlanta, Georgia express their views in writing to the a statement of the reasons a written 30303: Reserve Bank indicated for that presentation would not suffice in lieu of application or to the offices of the Board a hearing, identifying specifically any 1. Ruth Cain Thorne, Belmont, of Governors. Any comment on an questions of fact that are in dispute, Mississippi; as Trustee of The application that requests a hearing must summarizing the evidence that would Weatherford Foundation of Red Bay, include a statement of why a written be presented at a hearing, and indicating Alabama, Inc., Red Bay, Alabama, to presentation would not suffice in lieu of how the party commenting would be retain a total of 60.90 percent of the a hearing, identifying specifically any aggrieved by approval of the proposal. voting shares of Independent questions of fact that are in dispute and Comments regarding this application Bancshares, Inc., Red Bay, Alabama, and summarizing the evidence that would must be received not later than thereby indirectly retain shares of Bank be presented at a hearing. December 19, 1995. of Red Bay, Red Bay, Alabama. Comments regarding this application A. Federal Reserve Bank of Atlanta Board of Governors of the Federal Reserve must be received not later than (Zane R. Kelley, Vice President) 104 System, November 29, 1995. December 29, 1995. Marietta Street, N.W., Atlanta, Georgia Jennifer J. Johnson, A. Federal Reserve Bank of 30303: Richmond (Lloyd W. Bostian, Jr., Senior 1. SouthTrust Corporation, Deputy Secretary of the Board. Vice President) 701 East Byrd Street, Birmingham, Alabama, and SouthTrust [FR Doc. 95±29551 Filed 12±4±95; 8:45 am] Richmond, Virginia 23261: of Georgia, Inc., Atlanta, Georgia; to BILLING CODE 6210±01±F.