Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies, 13762-13763 [2010-6334]

Download as PDF 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 VerDate Nov<24>2008 16:31 Mar 22, 2010 Jkt 220001 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 PO 00000 Frm 00036 Fmt 4703 Sfmt 4703 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. E:\FR\FM\23MRN1.SGM 23MRN1 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: VerDate Nov<24>2008 16:31 Mar 22, 2010 Jkt 220001 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; PO 00000 Frm 00037 Fmt 4703 Sfmt 9990 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 E:\FR\FM\23MRN1.SGM 23MRN1

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