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1937 - Complete Issue (53.5M) - Fraser - Federal Reserve Bank of ...

1937 - Complete Issue (53.5M) - Fraser - Federal Reserve Bank of ...

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A dvertisem ents:<br />

S u ffo lk County <strong>Federal</strong> Savings and Loan A s s o c ia t io n , B abylon ,<br />

New York, re p orted by B abylon N a tio n a l <strong>Bank</strong> and<br />

T ru st Company, m atter r e fe r r e d t o C o m p tro lle r<br />

o f Currency 9 /2 2<br />

A d v e rtisin g , campaign based on exam ination r e p o r ts o f t r u s t d e p a rtments<br />

o f member banks, r e p ly to Mr* R. P . P u r s e ,<br />

J r ., that Board would o b je c t t o 4 / 7<br />

A f f i l i a t e s :<br />

A. P. B rantley and C o., lik e lih o o d o f e x is t e n c e o f r e la t io n s h ip<br />

with B lackshear <strong>Bank</strong>, B la ck sh ea r, G a ., in view<br />

o f r u lin g o f Board o f Tax A ppeals th a t c e r t a in<br />

record tra n s fe r s o f s to c k were not g i f t s 3 /2 9<br />

Determined to be a f f i l i a t e o f B la ck sh ea r <strong>Bank</strong>, B la ck sh e a r,<br />

G a., and con sequ e n tly , B la ck sh ea r M an u fa ctu rin g<br />

C o., Manor T radin g C o ., Wayne T ra d in g Co. and<br />

P ie r c e Trading C o ., are a ls o a f f i l i a t e s , r e p o r t s<br />

f o r p ast c a l l s not t o b e r e q u ir e d 8 / 4<br />

B. M. C. R ir fe e Trust C o ., F a ll R iv e r, M a s s ., r e p o r t s may be r e ­<br />

quired i f co r p o r a tio n s borrow , Board n o t w i l l i n g<br />

t o extend w aiver p r o v is io n s , even though bank<br />

may withdraw, a t te n tio n c a lle d t o S e c. 23A o f<br />

FRAct in con n ection w ith p o s s ib le lo a n s 2 / 2<br />

<strong>Bank</strong> o f America N ational T ru st and S avin gs A s s o c ia t io n , d i s t r i ­<br />

bution o f m a jo r ity o f s to ck t o T ransam erica<br />

C orporation does not d e s tro y r ig h t t o p a r t i c i ­<br />

pate in e le c t io n o f C la ss A d i r e c t o r o f FR<strong>Bank</strong><br />

o f San F ra n cisco , in d e p e n d e n tly o f o t h e r banks<br />

c o n tro lle d by T ransam erica C o rp o ra tio n 1 1 / 5<br />

<strong>Bank</strong>america C o., plan proposed by Transam erica C o rp o r a tio n t o<br />

d is s o lv e In ter-A m erice C orp o ra tio n and req u e st<br />

l o r p e n m ssio n t o h o ld company, a s e c u r i t i e s<br />

company, which would become a f f i l i a t e o f member<br />

banks, u n t il Nov. 28, 1938, S e c . 20 o f <strong>Bank</strong>ing<br />

A ct o f 1933 c o n t r o ls<br />

Blackshear M anufacturing C o., i s a f f i l i a t e o f B la ck sh ea r <strong>Bank</strong>,<br />

B lackshear, G a., by reason o f a f f i l i a t i o n o f<br />

A. P. B rantley Co. w ith bank, p a s t c a l l r e p o r t s<br />

not to be req u ired g / ^<br />

C e n ta l Iron anc S teel C o., H a rrisb u rg , P a ., p o r t io n o f stock<br />

held by v o tin g t r u s te e s who a re d i r e c t o r s o f<br />

Doth Dauphin D ep osit T ru st Co. end company,<br />

h e ld , in circu m stan ces n ot t o be a f f i l i a t e o f<br />

bank .<br />

C ity <strong>Bank</strong> F a c e r s T ^ s t C o., New Y ork. N. Y . , c o n d it io n r e p o r t s<br />

O f 19 s u b s id ia r ie s su bm itted, p u b lic a t io n a l l<br />

that i s n ecessa ry f o r June 30 c a l l , n ot t o be<br />

required f o r p r i o r c a l l s i / c<br />

n ep ortf o^., Dec. 31, 1936, e x te n s io n o f tim e f o r f i l -<br />

Digitized for FRASER<br />

<strong>Federal</strong> <strong>Reserve</strong> <strong>Bank</strong> <strong>of</strong> St. Louis<br />

6 /3 0<br />

(See a lso S ta te member banks) 1 /2 8<br />

1319<br />

514<br />

473<br />

1100<br />

223<br />

1508<br />

908<br />

1100<br />

564<br />

31<br />

186

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