Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities, 5666 [E6-1384]

Download as PDF hsrobinson on PROD1PC71 with NOTICES 5666 Federal Register / Vol. 71, No. 22 / Thursday, February 2, 2006 / Notices contends that Respondent has demanded wharfage charges from Cheniere LNG, Inc. (‘‘Cheniere’’) which do not bear a reasonable relationship to the services and facilities provided to those against whom the charges are assessed. Complainant further contends that these charges violate Section 10(d)(1) of the Shipping Act of 1984 (‘‘The Act’’) in that the Respondent failed to establish, observe, and enforce just and reasonable practices relating to the receiving, handing, storing, or delivering of property and is imposing undue or unreasonable prejudice or disadvantage with respect to Complainant. In addition, Complainant contends that Respondent violated Section 5(a) of the Act by not filing an agreement between Cheniere and Respondent with the FMC. Respondent prays for reparations in the amount of actual injury suffered by Complainant plus costs and reasonable attorney fees, an order directing Respondent to pay these reparations, an order directing Respondent to ‘‘cease and desist’’ from violating 10(d)(1) of the Act by collecting wharfage and other fees not related to any services provided, an order directing Respondent to file with the FMC all agreements, and any such other relief as the Commission deems just and 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 January 29, 2007, and the final decision of the Commission shall be issued by May 29, 2007. BILLING CODE 6730–01–P 16:52 Feb 01, 2006 FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies 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 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 27, 2006. A. Federal Reserve Bank of Boston (Richard Walker, Community Affairs Officer) P.O. Box 55882, Boston, Massachusetts 02106-2204: 1. Wessagussett Mutual Holding Company, and Wessagussett Bancorp, Inc., both of Weymouth, Massachusetts; to become bank holding companies by acquiring 100 percent of the voting shares of Weymouth Bank, East Weymouth, Massachussetts. 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 17, 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. Cathay General Bancorp, Los Angeles, California; to acquire voting shares of Broadway Financial Corporation, Los Angeles, California, and thereby indirectly acquire voting shares of Broadway Financial Funding LLC, Los Angeles, California, and thereby engage in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. Jkt 208001 Board of Governors of the Federal Reserve System, January 30, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6–1385 Filed 2–1–06; 8:45 am] Board of Governors of the Federal Reserve System, January 30, 2006. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E6–1384 Filed 2–1–06; 8:45 am] BILLING CODE 6210–01–S Bryant L. VanBrakle, Secretary. [FR Doc. E6–1369 Filed 2–1–06; 8:45 am] VerDate Aug<31>2005 FEDERAL RESERVE SYSTEM BILLING CODE 6210–01–S PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 E:\FR\FM\02FEN1.SGM 02FEN1

Agencies

[Federal Register Volume 71, Number 22 (Thursday, February 2, 2006)]
[Notices]
[Page 5666]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-1384]


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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 
Sec. [thinsp]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 17, 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. Cathay General Bancorp, Los Angeles, California; to acquire 
voting shares of Broadway Financial Corporation, Los Angeles, 
California, and thereby indirectly acquire voting shares of Broadway 
Financial Funding LLC, Los Angeles, California, and thereby engage in 
extending credit and servicing loans, pursuant to section 225.28(b)(1) 
of Regulation Y.

    Board of Governors of the Federal Reserve System, January 30, 
2006.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E6-1384 Filed 2-1-06; 8:45 am]
BILLING CODE 6210-01-S