Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 59750 [E5-5585]

Download as PDF 59750 Federal Register / Vol. 70, No. 197 / Thursday, October 13, 2005 / Notices Lines, Limited (‘‘Complainant’’) against Value Imports, Inc. (‘‘Respondent’’). Complainant is an ocean common carrier under the Shipping Act of 1984, as amended (‘‘the Act’’). Respondent, an importer, was the beneficial owner of cargo discharged at Total Terminals Inc. (‘‘TTI’’) a marine terminal operator at the Port of Long Beach, California. Complainant alleges that demurrage accrued on the cargo pursuant to its tariff resulting in a possessory maritime lien, permitting it to hold the cargo until all charges, including demurrage, were paid. Complainant contends that Respondent entered bank information and payment instructions at TTI’s internet Web site and that TTI, as agent for Complainant, accepted the payment information and released the cargo to Respondent. Complainant asserts the bank designated by Respondent refused to pay because of insufficient funds on deposit. Complainant further contends that these alleged activities violate section 10(a)(1) of the Act in that Respondent knowingly and willfully obtained ocean transportation for property at less than the rates or charges that would otherwise be applicable. Complainant prays that Respondent be required to answer the charges herein; that after due hearing, an order be made commanding Respondent to cease and desist from the aforesaid violation of the Act; to pay to Complainant by way of reparations for the unlawful conduct described the sum of $75,140 with interest and attorney’s fees, and any other sums and further orders as the Commission may determine to be proper. This proceeding has been assigned to the Office of Administrative Law Judges. Hearing in this matter, if any is held, shall commence within the time limitations prescribed in 46 CFR 502.61, and only after consideration has been given by the parties and the presiding officer to the use of alternative forms of dispute resolution. The hearing shall include oral testimony and crossexamination in the discretion of the presiding officer only upon proper showing that there are genuine issues of material fact that cannot be resolved on the basis of sworn statements, affidavits, depositions, or other documents or that the nature of the matter in issue is such that an oral hearing and crossexamination are necessary for the development of an adequate record. Pursuant to the further terms of 46 CFR 502.61, the initial decision of the presiding officer in this proceeding shall be issued by October 6, 2006, and the VerDate Aug<31>2005 16:14 Oct 12, 2005 Jkt 208001 final decision of the Commission shall be issued by February 8, 2007. Bryant L. VanBrakle, Secretary. [FR Doc. 05–20481 Filed 10–12–05; 8:45 am] BILLING CODE 6730–01–P 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 November 4, 2005. A. Federal Reserve Bank of Boston (Richard Walker, Community Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204: 1. Salem Five Bancorp, Salem, Massachussetts; to become a bank holding company by acquiring 100 percent of the voting shares of Salem Five Cents Savings Bank, Salem, Massachusetts, and Heritage CoOperative Bank, Salem, Massachusetts. B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice President) 2200 PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 North Pearl Street, Dallas, Texas 752012272: 1. South Plains Financial, Inc., Employee Stock Ownership Plan, Lubbock, Texas; to become a bank holding company by acquiring 26 percent of the voting shares of South Plains Financial, Inc., Lubbock, Texas, and indirectly acquire South Plains Delaware Financial Corporation, Dover, Delaware; City Bank, Lubbock, Texas; Zia Financial Corporation, Ruidoso, New Mexico; and City Bank New Mexico, Ruidoso, New Mexico. Board of Governors of the Federal Reserve System, October 6, 2005. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E5–5585 Filed 10–12–05; 8:45 am] BILLING CODE 6210–01–S DEPARTMENT OF HEALTH AND HUMAN SERVICES Senior Executive Service; Performance Review Board Members Department of Health and Human Services. ACTION: Notice. AGENCY: SUMMARY: Title 5, U.S. Code, Section 4314(c)(4) of the Civil Service Reform Act of 1978, Public Law 95–454, requires that appointment of Performance Review Board members be published in the Federal Register. FOR FURTHER INFORMATION CONTACT: Andrea Burckman, Office of Human Resources, Department of Health and Human Services, 200 Independence Avenue SW., Washington, DC 20201, telephone 202–690–6528. SUPPLEMENTARY INFORMATION: The following persons may serve on a Performance Review Board, which oversees the evaluation of performance appraisals of Senior Executive Service members throughout the Department of Health and Human Services. (list attached) Dated: October 5, 2005. Joe Ellis, Deputy Assistant Secretary for Administration and Management. Department of Health and Human Services Performance Review Board Russell Abbott, Director, Office of Management Ann Agnew, Executive Secretary to the Department John Aguirre, Director, Administrative Operations Service John Agwunobi, Senior Advisor to the Secretary E:\FR\FM\13OCN1.SGM 13OCN1

Agencies

[Federal Register Volume 70, Number 197 (Thursday, October 13, 2005)]
[Notices]
[Page 59750]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-5585]


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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 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 November 4, 2005.
    A. Federal Reserve Bank of Boston (Richard Walker, Community 
Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204:
    1. Salem Five Bancorp, Salem, Massachussetts; to become a bank 
holding company by acquiring 100 percent of the voting shares of Salem 
Five Cents Savings Bank, Salem, Massachusetts, and Heritage Co-
Operative Bank, Salem, Massachusetts.
    B. Federal Reserve Bank of Dallas (W. Arthur Tribble, Vice 
President) 2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. South Plains Financial, Inc., Employee Stock Ownership Plan, 
Lubbock, Texas; to become a bank holding company by acquiring 26 
percent of the voting shares of South Plains Financial, Inc., Lubbock, 
Texas, and indirectly acquire South Plains Delaware Financial 
Corporation, Dover, Delaware; City Bank, Lubbock, Texas; Zia Financial 
Corporation, Ruidoso, New Mexico; and City Bank New Mexico, Ruidoso, 
New Mexico.

    Board of Governors of the Federal Reserve System, October 6, 
2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E5-5585 Filed 10-12-05; 8:45 am]
BILLING CODE 6210-01-S
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