Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies, 13762-13763 [2010-6334]
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jlentini on DSKJ8SOYB1PROD with NOTICES
13762
Federal Register / Vol. 75, No. 55 / Tuesday, March 23, 2010 / Notices
During this economic downturn, U.S.
liner exports fell by 14 percent and
imports fell by 16 percent. Freight rates
dropped precipitously, and carriers laid
up more than 500 vessels worldwide, or
roughly 10 percent of the global fleet
capacity.
Reflecting the worldwide uptick in
economic activity during the fourth
quarter of 2009 and early 2010, cargo
volumes shipped to the United States
from Asia have increased, as has the
demand for export shipments from the
United States. As a result, shipping rates
have increased. Many ships remain idle,
however, and the Commission has
received a growing number of reports
that importers and exporters have had
difficulty obtaining vessel space,
particularly in the U.S.-Asia trades. The
Commission has also received reports of
U.S. exporters experiencing problems
with the distribution and availability of
shipping containers for their goods on
those same Asian trades.
On January 27, 2010, the President
launched a National Export Initiative
with the goal of doubling U.S. exports
over the next five years. On March 11,
2010, the President issued Executive
Order No. 13534 and has directed the
use of ‘‘every available federal resource’’
in support of that effort.
Recent reports of container vessel
capacity and equipment constraints
have raised concerns over both the
cause of the constraints and whether
those constraints could hinder the
nascent economic recovery. Therefore,
consistent with its statutory duty,
pursuant to 46 CFR 502.281 et seq., the
Commission hereby orders a nonadjudicatory investigation into current
conditions and practices in the U.S.
liner trades, and into potential
impediments to the flow of ocean-borne
import and export trades. The
Commission will use the information
obtained in this investigation and
recommendations of the Fact-Finding
Officer (FFO) to determine its policies
with respect to vessel and equipment
capacity-related issues.
Specifically, the Fact-Finding Officer
(FFO) named herein is to develop a
record on the following:
1. Recent conditions in the U.S.
export liner trades;
2. Recent conditions in the U.S.
import liner trades;
3. Current and forecasted common
practices by vessel-operating common
carriers (VOCCs) regarding the
management and allocation of VOCC-,
shipper-, and leasing company-owned
equipment for the U.S. import and
export trades, specifically the
management, supply, allocation and
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availability of containers for all U.S.
export commodities and categories.
4. Current practices and plans of
VOCCs regarding the deployment of
vessel capacity in the U.S. trades;
5. Current and planned common
practices relating to service contracting
in the U.S. liner trades, specifically:
a. The practices of VOCCs with
respect to the booking of cargo before
and after a minimum quantity
commitment of a service contract has
been met but before the term of that
contract has expired;
b. The practices of VOCCs with
respect to the cancellation of cargo
bookings;
c. The practices of carriers and
shippers with respect to the
overbooking of cargo; and
d. The impact of those practices on
the availability of liner service to meet
the demands of U.S. exporters and
importers; and
6. Any related conditions or practices
that affect the U.S. liner trades.
The FFO is to report to the
Commission within the time specified
herein, with recommendations for any
further Commission action, including
any policies, rulemaking proceedings, or
other actions warranted by the factual
record developed in this proceeding.
Interested persons are invited and
encouraged to contact the FFO named
herein, at (202) 523–5715 (telephone),
(202) 275–0521 (facsimile), or by e-mail
at factfinding@fmc.gov, should they
wish to provide testimony or evidence,
or to contribute in any other manner to
the development of a complete factual
record in this proceeding.
Therefore, it is ordered, That,
pursuant to 46 U.S.C. 41302, 40302,
40502 to 40503, 41101 to 41109, 41301
to 41309, and 40104, and 46 CFR
502.281 to 502.291, a non-adjudicatory
investigation is hereby instituted into
the current conditions in the U.S. oceanborne common carrier trades, to gather
facts related to the issues set forth above
and to provide a basis for any
subsequent action by the Commission;
It is further ordered, That, pursuant to
46 CFR 502.284 and 502.25,
Commissioner Rebecca F. Dye is
designated as the FFO. The FFO shall
have, pursuant to 46 CFR 502.281 to
502.291, full authority to hold public or
non-public sessions, to resort to all
compulsory process authorized by law
(including the issuance of subpoenas ad
testifacandum and duces tecum), to
administer oaths, to require reports, and
to perform such other duties as may be
necessary in accordance with the laws
of the United States and the regulations
of the Commission. The FFO shall be
assisted by staff members as may be
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assigned by the Commission’s Managing
Director, and the FFO is authorized to
delegate any authority enumerated
herein to any assigned staff member as
the FFO determines to be necessary.
It is further ordered, That the
Investigative Officer shall issue an
interim report of findings and
recommendations no later than June 15,
2010, a final report of findings and
recommendations no later than July 31,
2010, and provide further interim
reports if it appears that more
immediate Commission action is
necessary, such reports to remain
confidential unless and until the
Commission provides otherwise;
It is further ordered, That this
proceeding shall be discontinued upon
acceptance of the final report of findings
and recommendations by the
Commission, unless otherwise ordered
by the Commission; and
It is futher ordered, That notice of this
Order be published in the Federal
Register.
By the Commission.
Karen V. Gregory,
Secretary.
[FR Doc. 2010–6339 Filed 3–22–10; 8:45 am]
BILLING CODE P
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 April 7,
2010.
A. Federal Reserve Bank of Atlanta
(Steve Foley, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
1. Robert G. Burton, Athens, Georgia;
to acquire additional voting shares of
NBG Bancorp, Inc., and thereby
indirectly acquire additional voting
shares of National Bank of Georgia, both
of Athens, Georgia.
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Federal Register / Vol. 75, No. 55 / Tuesday, March 23, 2010 / Notices
B. Federal Reserve Bank of Dallas (E.
Ann Worthy, Vice President) 2200
North Pearl Street, Dallas, Texas 75201–
2272:
1. Ross H. Smith, Jr. and Eva J. Smith,
both of Bridge City, Texas; to acquire
additional voting shares of OSB
Financial Services, Inc., and thereby
indirectly acquire additional voting
shares of Orange Savings Bank, SSB,
both of Orange, Texas.
Board of Governors of the Federal Reserve
System, March 18, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–6334 Filed 3–22–10; 8:45 am]
Board of Governors of the Federal Reserve
System, March 18, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
[FR Doc. 2010–6333 Filed 3–22–10; 8:45 am]
jlentini on DSKJ8SOYB1PROD with NOTICES
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
BILLING CODE 6210–01–S
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 applications 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 April 16, 2010.
A. Federal Reserve Bank of Atlanta
(Steve Foley, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
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16:31 Mar 22, 2010
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1. Investar Holding Corporation,
Baton Rouge, Louisiana; to become a
bank holding company by acquiring 100
percent of the voting shares of Investar
Bank, Baton Rouge, Louisiana.
B. Federal Reserve Bank of San
Francisco (Kenneth Binning, Vice
President, Applications and
Enforcement) 101 Market Street, San
Francisco, California 94105–1579:
1. North Asia Investment Corporation,
Seoul, Korea; to become a bank holding
company by acquiring 100 percent of
the voting shares of Pacific City
Financial Corporation, and Pacific City
Bank, both of Los Angeles, California.
DEPARTMENT OF DEFENSE
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[OMB Control No. 3090–00XX; Docket 2010–
0002; Sequence 15]
General Services Administration
Acquisition Regulation; Submission
for OMB Review; GSA Form 1217,
Lessor’s Annual Cost Statement
AGENCY: Department of Defense (DOD),
General Services Administration (GSA),
and National Aeronautics and Space
Administration (NASA).
ACTION: Notice of request for public
comments regarding a new OMB
information clearance.
Under the provisions of the
Paperwork Reduction Act of 1995 (44
U.S.C. Chapter 35), the Regulatory
Secretariat will be submitting to the
Office of Management and Budget
(OMB) a request to review and approve
a new information collection
requirement regarding Lessor’s Annual
Cost Statement. A request for public
comments was published in the Federal
Register at 74 FR 63704, on December
4, 2009. No comments were received.
Public comments are particularly
invited on: Whether this collection of
information is necessary for the proper
performance of functions of the FAR,
and whether it will have practical
utility; whether our estimate of the
public burden of this collection of
information is accurate, and based on
valid assumptions and methodology;
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ways to enhance the quality, utility, and
clarity of the information to be
collected; and ways in which we can
minimize the burden of the collection of
information on those who are to
respond, through the use of appropriate
technological collection techniques or
other forms of information technology.
DATES: Submit comments on or before
April 22, 2010.
ADDRESSES: Submit comments regarding
this burden estimate or any other aspect
of this collection of information,
including suggestions for reducing this
burden to the GSA Desk Officer, OMB,
Room 10236, NEOB, Washington, DC
20503, and a copy to the Regulatory
Secretariat (MVCB), General Services
Administration, 1800 F Street, NW.,
Room 4041, Washington, DC 20405.
Please cite OMB Control No. 3090–
00XX, Lessor’s Annual Cost Statement,
in all correspondence.
FOR FURTHER INFORMATION CONTACT: Ms.
Beverly Cromer, Procurement Analyst,
Contract Policy Branch, at telephone
(202) 501–1448 or via e-mail to
Beverly.cromer@gsa.gov.
GENERAL SERVICES
ADMINISTRATION
SUMMARY:
13763
SUPPLEMENTARY INFORMATION:
A. Purpose
In accordance with the proposed
GSAR 570.802(d), the GSA Form 1217 is
used to obtain information about
operating expenses for property being
offered for lease to house Federal
agencies. These expenses are normally
included in the rental payments we
make to lessors. The form also provides
an equitable way to compare lessor
proposals, and it provides costs of
building expenses that can be negotiated
to obtain fair and reasonable prices.
B. Annual Reporting Burden
Respondents: 5,733.
Responses per Respondent: 1.
Annual Responses: 5,733.
Hours per Response: 1.
Total Burden Hours: 5,733.
Obtaining Copies of Proposals:
Requesters may obtain a copy of the
information collection documents from
the General Services Administration,
Regulatory Secretariat (MVCB), 1800 F
Street, NW., Room 4041, Washington,
DC 20405, telephone (202) 501–4755.
Please cite OMB Control No. 3090–
00XX, Lessor’s Annual Cost Statement,
in all correspondence.
Dated: March 17, 2010.
Al Matera,
Director, Acquisition Policy Division.
[FR Doc. 2010–6394 Filed 3–22–10; 8:45 am]
BILLING CODE 6820–34–P
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Agencies
[Federal Register Volume 75, Number 55 (Tuesday, March 23, 2010)]
[Notices]
[Pages 13762-13763]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-6334]
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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 Sec. [thinsp]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 April 7, 2010.
A. Federal Reserve Bank of Atlanta (Steve Foley, Vice President)
1000 Peachtree Street, N.E., Atlanta, Georgia 30309:
1. Robert G. Burton, Athens, Georgia; to acquire additional voting
shares of NBG Bancorp, Inc., and thereby indirectly acquire additional
voting shares of National Bank of Georgia, both of Athens, Georgia.
[[Page 13763]]
B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. Ross H. Smith, Jr. and Eva J. Smith, both of Bridge City, Texas;
to acquire additional voting shares of OSB Financial Services, Inc.,
and thereby indirectly acquire additional voting shares of Orange
Savings Bank, SSB, both of Orange, Texas.
Board of Governors of the Federal Reserve System, March 18,
2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-6334 Filed 3-22-10; 8:45 am]
BILLING CODE 6210-01-S