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Code · REGISTER · 2006-01-12 · FEDERAL RESERVE SYSTEM · Notices

Notices. Notice

2,832 words·~13 min read·/register/2006/01/12/06-276

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

BILLING CODE 6715-01-M FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 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 office 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 25, 2006. **A. Federal Reserve Bank of Boston** (Richard Walker, Community Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204: *1. The Dorothy Mawn Family Children's Trust* , Woburn, Massachusetts, and Mary Elizabeth Mawn-Ferullo, and Russell A.
Mawn, Vestavia Hills, Alabama, as trustees; to acquire voting shares of Northern Bancorp, Inc., Woburn, Massachusetts, and thereby indirectly acquire voting shares of Northern Bank and Trust Company, Woburn, Massachusetts. Board of Governors of the Federal Reserve System, January 5, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6-201 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-S FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 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 office 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 27, 2006. **Federal Reserve Bank of Dallas** (W.
Arthur Tribble, Vice President) 2200 North Pearl Street, Dallas, Texas 75201-2272: *1. Citizens Bankshares of Springhill, Inc., ESOP* , Springhill, Louisiana, and Argent Trust, a division of National Independent Trust Co., Trustee, West Monroe, Louisiana; to retain ownership and control shares of Citizens Bankshares of Springhill, Inc., Springhill, Louisiana, and indirectly retain voting shares of Citizens Bank & Trust Company, Springhill, Louisiana. Board of Governors of the Federal Reserve System, January 9, 2006.
Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6-225 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-S 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 views in 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 standards in section 4 of the BHC Act (12 U.S.C. 1843).
Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center Web site at *http://www.ffiec.gov/nic/* . 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 February 3, 2006. **A. Federal Reserve Bank of San Francisco** (Tracy Basinger, Director, Regional and Community Bank Group) 101 Market Street, San Francisco, California 94105-1579: *1.
Castle Creek Capital Partners III, L.P., Castle Creek Capital III LLC; Eggemeyer Capital LLC; and Ruh Capital LLC* , all of Rancho Santa Fe, California; to become bank holding companies by acquiring 89 percent of the voting shares of LDF, Inc., and thereby indirectly acquire voting shares of Labe Bank, both of Chicago, Illinois. Board of Governors of the Federal Reserve System, January 5, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6-199 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-S 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 views in 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 standards in section 4 of the BHC Act (12 U.S.C. 1843).
Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center Web site at *http://www.ffiec.gov/nic/* . 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 February 3, 2006. **A. Federal Reserve Bank of Minneapolis** (Jacqueline G.
King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291: *1. Watford City Bancshares, Inc.* , Watford City, North Dakota; to acquire 100 percent of the voting shares of Elgin Bancshares, Inc., Elgin, North Dakota, and thereby indirectly acquire voting shares of Farmers State Bank, Elgin, North Dakota. Board of Governors of the Federal Reserve System, January 4, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6-202 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-S 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 views in 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 standards in section 4 of the BHC Act (12 U.S.C. 1843).
Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at *www.ffiec.gov/nic/* . 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 February 6, 2006. **A. Federal Reserve Bank of Chicago** (Patrick M. Wilder, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: *1.
Capitol Bancorp Ltd.* , Lansing, Michigan; to acquire 51 percent of the votng shares of Bank of Valdosta, Valdosta, Georgia (in organization). **B. Federal Reserve Bank of Kansas City** (Donna J. Ward, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198-0001: *1. Gregg Bancshares, Inc.* , Nixa, Missouri; to become a bank holding company by acquiring 97.4 percent of the voting shares of Glasgow Savings Bank, Glasgow, Missouri. Board of Governors of the Federal Reserve System, January 9, 2006.
Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6-224 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-S FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR part 225) to engage *de novo* , or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies.
Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Additional information on all bank holding companies may be obtained from the National Information Center Web site at *http://www.ffiec.gov/nic/* .
Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 3, 2006. **A. Federal Reserve Bank of San Francisco** (Tracy Basinger, Director, Regional and Community Bank Group) 101 Market Street, San Francisco, California 94105-1579: *1. Castle Creek Capital III LLC; Castle Creek Capital Partners, III, L.P.; Eggemeyer Capital LLC; and Ruh Capital LLC* , all of Rancho Santa Fe, California; to acquire 24.9 percent of the voting shares of Atlanta Bancorporation, Inc., Alpharetta, Georgia, and thereby indirectly acquire voting shares of Gibsonville Community Bank, Gibsonville, North Carolina, and thereby engage *de novo* in operating a state savings bank, pursuant to section 225.28(b)(4)(ii) of Regulation Y.
Board of Governors of the Federal Reserve System, January 5, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6-200 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-S FEDERAL RESERVE SYSTEM Federal Open Market Committee; Domestic Policy Directive of December 13, 2005 In accordance with § 271.25 of its rules regarding availability of information (12 CFR part 271), there is set forth below the domestic policy directive issued by the Federal Open Market Committee at its meeting held on December 13, 2005. 1 1 Copies of the Minutes of the Federal Open Market Committee Meeting on December 13, 2005, which includes the domestic policy directive issued at the meeting, are available upon request to the Board of Governors of the Federal Reserve System, Washington, DC 20551.
The minutes are published in the Federal Reserve Bulletin and in the Board's annual report. The Federal Open Market Committee seeks monetary and financial conditions that will foster price stability and promote sustainable growth in output. To further its long-run objectives, the Committee, in the immediate future, seeks conditions in reserve markets consistent with increasing the federal funds rate to an average of around 4 1/4 percent. The vote encompassed approval of the paragraph below for inclusion in the statement to be released shortly after the meeting:
“The Committee perceives that, with appropriate monetary policy action, the upside and downside risks to the attainment of both sustainable growth and price stability should be kept roughly equal. With underlying inflation expected to be contained, the Committee believes that policy accommodation can be removed at a pace that is likely to be measured. Nonetheless, the Committee will respond to changes in economic prospects as needed to fulfill its obligation to maintain price stability.
” By order of the Federal Open Market Committee, January 5, 2006. Vincent R. Reinhart, Secretary, Federal Open Market Committee. [FR Doc. E6-187 Filed 1-11-06; 8:45 am] BILLING CODE 6210-01-P GENERAL SERVICES ADMINISTRATION 2006 Travel and Relocation Innovation Award AGENCY: Office of Governmentwide Policy, General Services Administration
(GSA)ACTION: Notice. SUMMARY: The General Services Administration
(GSA)is announcing the 2006 Travel and Relocation Innovation Award. The purpose of the award is to recognize the professionals of travel and/or relocation management. FOR FURTHER INFORMATION CONTACT: Visit the National Travel Forum 2006 (NTF 2006) Web site at *http://www.nationaltravelforum.org* and click on “Awards”or contact Jane Groat, Office of Travel, Transportation, and Asset Management (MT), General Services Administration, Washington, DC 20405,
(202)501-4318, *jane.groat@gsa.gov.* SUPPLEMENTARY INFORMATION: The Federal Travel Regulation is contained in 41 Code of Federal Regulations (CFR), Chapters 300 through 304, and implements statutory requirements and Executive branch policies for travel by Federal civilian employees and others authorized to travel at Government expense. The General Services Administration (GSA), sponsor of the Interagency Travel Management Committee
(ITMC)and the National Travel Forum 2006 (NTF 2006), announces a new travel award to recognize and honor excellence in Federal travel and relocation. This award, available to all Federal employees, will honor individuals and/or teams. In addition to cash awards, one or more entries may receive the Honorable Mention Award. Entries must be received no later than March 31, 2006. Announcement and presentation of winners will be at GSA's National Travel Forum 2006 (June 26-29, 2006 in Los Angeles, CA). Dated: January 6, 2006. Patrick F. McConnell, Acting Director,Travel Management Policy. [FR Doc. E6-168 Filed 1-11-06; 8:45 am] BILLING CODE 6820-14-S DEPARTMENT OF HEALTH AND HUMAN SERVICES Public Meeting of the President's Council on Bioethics AGENCY: The President's Council on Bioethics, HHS. ACTION: Notice. SUMMARY: The President's Council on Bioethics (Edmund D. Pellegrino, MD, Chairman) will hold its twenty-third meeting, at which, among other things, it will continue the discussion on ethical issues relating to children. Subjects discussed at past Council meetings (though not on the agenda for the present one) include: Cloning, assisted reproduction, reproductive genetics, IVF, ICSI, PGD, sex selection, inheritable genetic modification, patentability of human organisms, neuroscience, aging retardation, lifespan-extension, and organ procurement for transplantation. Publications issued by the Council to date include: Human Cloning and Human Dignity: An Ethical Inquiry (July 2002); Beyond Therapy: Biotechnology and the Pursuit of Happiness (October 2003); Being Human: Readings from the President's Council on Bioethics (December 2003); Monitoring Stem Cell Research (January 2004), Reproduction and Responsibility: The Regulation of New Biotechnologies (March 2004), Alternative Sources of Human Pluripotent Stem Cells: A White Paper (May 2005), and Taking Care: Ethical Caregiving in Our Aging Society (September 2005). DATES: The meeting will take place Thursday, February 2, 2006, from 9 a.m. to 5:15 p.m. e.t. and Friday, February 3, 2006, from 8:30 a.m. to 12:30 p.m. e.t. ADDRESSES: The Madison, 15th and M Streets, NW., Washington, DC 20005. Phone 202-862-1600. *Agenda:* The meeting agenda will be posted at *http://www.bioethics.gov* . *Public Comments:* The Council encourages public input, either in person or in writing. At this meeting, interested members of the public may address the Council, beginning at 11:30 a.m., on Friday, February 3. Comments are limited to no more than five minutes per speaker or organization. As a courtesy, please inform Ms. Diane Gianelli, Director of Communications, in advance of your intention to make a public statement, and give your name and affiliation. To submit a written statement, mail or e-mail it to Ms. Gianelli at one of the addresses given below. FOR FURTHER INFORMATION CONTACT: Ms. Diane Gianelli, Director of Communications, The President's Council on Bioethics, Suite 700, 1801 Pennsylvania Avenue, Washington, DC 20006. Telephone: 202/296-4669. E-mail: *info@bioethics.gov* . Web site: *http://www.bioethics.gov* . Dated: January 6, 2006. F. Daniel Davis, Executive Director, The President's Council on Bioethics. [FR Doc. 06-276 Filed 1-11-06; 8:45 am]
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