Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 70450-70451 [2011-29271]

Download as PDF 70450 Federal Register / Vol. 76, No. 219 / Monday, November 14, 2011 / Notices SCHEDULE A—LISTING OF OCEAN COMMON CARRIERS Name and address Tariff Action Marine Group LLC, 7140 NW. Miami Court, Miami, FL 33150 ....................................................................................................... African Atlantic Lines, Inc., One International Place, Boston, MA 02110 ................................................................................................... Allstate Shipping Line, LLC, 1156 Clifton Avenue, Irvington, NJ 07111 .................................................................................................... American-Iraqi Shipping Line, Inc., 1900 Campus Commons Drive, Suite 340, Reston, VA 20191 ......................................................... Arawak Line, Ltd., 50 Shirley Street, Nassau, Bahamas ............................................................................................................................ Asia Project Services Pte. Ltd., 70 Shenton Way, #14–01 Marina House, Singapore, Singapore 079118 .............................................. Atlantsskip HF, Vesturvor 29, 200 Kopavogur, Kopavogur, Iceland ........................................................................................................... Autoterminal International Limited, P.O. Box 186, Tortola, Road Town, British Virgin Islands .................................................................. Azure Shipping Corporation S.A., Torre Universal, Ave Federico Boyd, Panama City, Panama .............................................................. BSLE Malta Limited, 57 St Christopher Street, Valetta, Malta ................................................................................................................... Carib Services Ltd., 2377 Guy N Verger Blvd., Tampa, FL 33605 ............................................................................................................ Caribbean Star I Freight Lines, 5353 W. Tyson Avenue, #D, Tampa, FL 33611 ...................................................................................... Caribbean Transport Line S.A., 700 SE. 32nd Court, Fort Lauderdale, FL 33183 .................................................................................... Ceylon Shipping Corporation Ltd., 498 Westgate Drive, #323, Edison, NJ 08820 .................................................................................... Cido Car Carrier Service Limited, 20th Floor, World-Wide House, No. 19 Des Voeux Road Central, Hong Kong, China ....................... Columbia Coastal Transport Incorporated, 100 Walnut Avenue, Clark, NJ 07066 .................................................................................... Gateway Maritime Transport Corporation, 5505 Mitchelldale, Suite 118, Houston, TX 77092 .................................................................. GMP Holdings, Ltd., P.O. Box SS–5178, Nassau, Bahamas ..................................................................................................................... IMC Maritime Group, 1214 Stonehollow Drive, Kingwood, TX 77339 ........................................................................................................ Jackson Shipping, Inc., 5353 W. Tyson Ave., Bldg. C, Tampa, FL 33611 ................................................................................................ Kookyang Shipping Co., Ltd., 2nd Floor, Donsung Building, #17–7, 4–KA, Namdaemun-Ro, Chung-Ku, Seoul, South Korea ............... Last-Land Air & Sea Transport, 11757 Katy Freeway, Suite 1300, Houston, TX 77079 ........................................................................... LCI Shipholdings, Inc., 650 Poydras Street, Suite 170, New Orleans, LA 70130 ...................................................................................... Lineas Agromar S.A., Calle 73 Via 40–350, Apartado Aereo 359 and 5313, Barranquilla, Columbia ...................................................... Lineas Maritimas Mundiales, S.A., Avenida Nunez de Caceres, Esp. Luis F. Tomen, Santo Domingo, Dominican Republic ................. Moby Maritime Corporation, P.O. Box 466, Palm City, FL 34991 .............................................................................................................. MP Ferrymar, Inc., P.O. Box 16620, San Juan, PR 00908–6620 .............................................................................................................. MP Line de Mexico, Bosque de Duraznos #69–1105 Torre B, Bosques de las Lomas, Mexico City, Mexico ......................................... Olympic International Ltd., Room 1217, World Trade Center Bldg., 2–4–1, Hamamatsucho, Minato-Ku, Tokyo 105, Japan .................. Omnium Brasil Line, LLC, 2353 St. Johns Bluff Road, South Jacksonville, FL 32246 .............................................................................. Overseas Carrier, Inc., 3526 F.M. 528, Suite 104, Friendswood, TX 77546 ............................................................................................. Overseas Transport Company of 2000, E.A. Creque Bldg., Main Street, Road Town, Tortola, British Virgin Islands ............................. Pan Ocean Shipping Company, Ltd., Dae Han Fire Insurance Building, 51–1 Namchang-Dong, Jungk-Ku, C.P.O. Box 3051, Seoul, South Korea ............................................................................................................................................................................................. Phoenix Caribbean Shipping Line, Inc., 2945 Richmond Terrance, Staten Island, NY 10303 .................................................................. POL-Atlantic, LTD., 10 Lutego 24, Gydnia, Poland .................................................................................................................................... Rusflot Shipping Line N.V., 4 Dormasolweg, Willemstad, Curacao, Netherlands Antilles ......................................................................... Sloman Neptun, Langenstrasse 44, Bremen, D–28195, Germany ............................................................................................................ Star West Joint Service, Albion House, 20 Queen Elizabeth St., London, SE1 2LS ................................................................................. Strong Maritime Corporation, 6th Fl, No. 87 Sung Jiang Road, Taipei, Taiwan 10486 ............................................................................. Texas American Shipping Corp., 16800 Greenspoint Drive, Suite S–105S, Houston, TX 77060 ............................................................. Transportacion Maritima Grancolombiana S.A., Carrera 13 A No. 77A–63, SantaFe De Bogota, Bogota, Colombia .............................. Unimar Maritime Limited, 2, Pinat Can St; P.O.B. 8005, Haifa, Israel ....................................................................................................... Venezuelan Container Line, C.A., Piso 16, Torre El Chorro, Esquina El Chorro, Caracas, Venezuela .................................................... VOC Steel Services B.V., Westeriaan 10, 3016 CK Rotterdam, Netherlands ........................................................................................... Western Pacific Shipping Company, Malakal Commercial Port, Box 9005, Koror, Palau 96940 .............................................................. Windward Maritime LLC, 300 Pigeon Point Rd., New Castle, DE 19720 .................................................................................................. [FR Doc. 2011–29226 Filed 11–10–11; 8:45 am] BILLING CODE 6730–01–P FEDERAL RESERVE SYSTEM mstockstill on DSK4VPTVN1PROD with NOTICES 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 VerDate Mar<15>2010 19:40 Nov 10, 2011 Jkt 226001 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 PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 020521 016858 021135 019754 016405 019854 016243 020075 013897 020287 015585 011635 013360 016589 021100 013594 010789 018663 010613 008866 020957 020008 007840 001608 018002 016284 017333 019817 009647 018968 015799 016891 000989 017772 014038 011301 019484 009407 020122 005781 014492 014286 007292 016823 017300 019885 noted, nonbanking activities will be conducted throughout the United States. 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 December 8, 2011. A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice President) 1000 Peachtree Street NE., Atlanta, Georgia 30309: 1. HCBF Holding Company, Inc., Palm City, Florida; to become a bank holding company by acquiring 100 percent of the voting shares of Grand Bankshares, Inc., and Grand Bank and Trust of Florida, both in West Palm Beach, Florida. E:\FR\FM\14NON1.SGM 14NON1 Federal Register / Vol. 76, No. 219 / Monday, November 14, 2011 / Notices B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 2200 North Pearl Street, Dallas, Texas 75201– 2272: 1. Woodforest Financial Group Employee Stock Ownership Plan (with 401(k) Provisions) (Amended and Restated Effective March 1, 2006), and the related Woodforest Financial Group Employee Stock Ownership Trust; The Woodlands, Texas; to acquire up to 30 percent of the voting shares of Woodforest Financial Group, Inc., The Woodlands, Texas, and thereby indirectly acquire voting shares of Woodforest National Bank, Houston, Texas. Board of Governors of the Federal Reserve System, November 8, 2011. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 2011–29271 Filed 11–10–11; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection; Comment Request; Extension Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’). ACTION: Notice. AGENCY: The FTC intends to ask the Office of Management and Budget (‘‘OMB’’) to extend through March 31, 2015, the current Paperwork Reduction Act (‘‘PRA’’) clearance for the information collection requirements in the Fair Packaging and Labeling Act (‘‘FPLA’’) regulations. That clearance expires on March 31, 2012. DATES: Comments must be filed by January 13, 2012. ADDRESSES: Interested parties may file a comment online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Fair Packaging & Labeling Regs, PRA Comments, P074200’’ on your comment and file your comment online at https://ftcpublic. commentworks.com/ftc/fplaPRA by following the instructions on the Webbased form. If you prefer to file your comment on paper, mail or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Room H–113 (Annex J), 600 Pennsylvania Avenue NW., Washington, DC 20580. FOR FURTHER INFORMATION CONTACT: Ronald D. Lewis, Supervisory Investigator, Division of Enforcement, Bureau of Consumer Protection, (202) mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 19:40 Nov 10, 2011 Jkt 226001 326–2985, Federal Trade Commission, 600 Pennsylvania Ave. NW., Washington, DC 20580. SUPPLEMENTARY INFORMATION: Under the PRA, 44 U.S.C. 3501–3521, Federal agencies must get OMB approval for each collection of information they conduct or sponsor. ‘‘Collection of information’’ includes agency requests or requirements to submit reports, keep records, or provide information to a third party. 44 U.S.C. 3502(3); 5 CFR 1320.3(c). As required by the PRA, the FTC is providing this opportunity for public comment before requesting that OMB extend the existing paperwork clearance for the FPLA regulations. 44 U.S.C. 3506(c)(2)(A). The FTC invites comments on: (1) Whether the labeling requirements in the FPLA regulations are necessary, including whether the information will be practically useful; (2) the accuracy of our burden estimates, including whether the methodology and assumptions used are valid; (3) how to improve the quality, utility, and clarity of the labels; and (4) how to minimize the burden of providing the required information to consumers. All comments should be filed as prescribed in the ADDRESSES section above, and must be received on or before January 13, 2012. The FPLA, 15 U.S.C. 1451–1461, was enacted to eliminate consumer deception concerning product size and package content. Section 4 of the FPLA specifically requires packages or labels to be marked with: (1) A statement of identity; (2) a net quantity of contents disclosure; and (3) the name and place of business of a company that is responsible for the product. The FPLA regulations, 16 CFR parts 500–503, specify how manufacturers, packagers, and distributors of ‘‘consumer commodities’’ 1 must do this. Estimated annual hours burden: 8,574,900 total burden hours (solely relating to disclosure 2). 1 ‘‘The term consumer commodity or commodity means any article, product, or commodity of any kind or class which is customarily produced or distributed for sale through retail sales agencies or instrumentalities for consumption by individuals, or use by individuals for purposes of personal care or in the performance of services ordinarily rendered within the household, and which usually is consumed or expended in the course of such consumption or use.’’ 16 CFR 500.2(c). For the precise scope of the term’s coverage see 16 CFR 500.2(c); 503.2; 503.5. See also http://www.ftc.gov/ os/statutes/fpla/outline.html. 2 To the extent that the FPLA-implementing regulations require sellers of consumer commodities to keep records that substantiate ‘‘cents off,’’ ‘‘introductory offer,’’ and/or ‘‘economy size’’ claims, Commission staff believes that most, if not all, of the records that sellers maintain would be kept in the ordinary course of business, regardless of the legal mandates. PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 70451 The number of companies used in the estimate is drawn from the most recent census available.3 Commission staff conservatively estimates that approximately 857,490 4 manufacturers, packagers, distributors, and retailers of consumer commodities make disclosures at an average burden of ten hours per entity, for a total disclosure burden of 8,574,900 hours. Estimated annual cost burden: $186,932,820 (solely relating to labor costs) The estimated annual labor cost burden associated with the FPLA disclosure requirements consists of one hour of managerial and/or professional time per covered entity (at an hourly rate of $54), plus two hours of specialized clerical support 5 (at an hourly rate of $26), and seven hours of clerical time per covered entity (at an hourly rate of $16), for a total of $186,932,820 ($218 blended labor cost per covered entity × 857,490 entities).6 Total capital and start-up costs are de minimis. For many years, covered businesses have done the packaging and labeling activities that require capital and start-up costs in the ordinary course of business independent of the FPLA regulations. Similarly, firms provide consumers the required information in the ordinary course of business. Request for Comment: You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before January 13, 2012. Write ‘‘Fair Packaging & Labeling Regs, PRA Comments, P074200’’ on your comment. Your comment—including your name and 3 See http://www.census.gov/econ/census0 7. The 2007 Economic Census data is found at http:// www.factfinder.census.gov/servlet/DatasetMain PageServlet?_program+ECN&_tabId= ECN1&_submenuId=datasets_4&_lang=en&_ts= 246366688395. 4 Although this figure is not rounded, it is an estimate as it is the sum total of projected industry codes subject to the FPLA. But, even allowing for industries that may apply, the Census data do not separately break out non-household products from household use. Accordingly, the source information is over-inclusive and thus overstates what is actually subject to the FPLA. 5 ‘‘Specialized clerical support’’ consists of computer support personnel who design the appearance and layout of product packaging, including appropriate display of the disclosures required by the FPLA regulations. 6 Based generally on the National Compensation Survey: Occupational Earnings in the United States, 2010, U.S. Department of Labor, U.S. Bureau of Labor Statistics (May 2011) (‘‘BLS National Compensation Survey’’) (citing the mean hourly earnings for management occupations, legal occupations/lawyers, and assorted clerical positions), available at http://www.bls.gov/ncs/ ncswage2010.html. Clerical estimates are derived from the above source data, applying roughly a midrange of mean hourly rates for potentially applicable clerical types, e.g., computer operators, data entry and information processing workers. E:\FR\FM\14NON1.SGM 14NON1

Agencies

[Federal Register Volume 76, Number 219 (Monday, November 14, 2011)]
[Notices]
[Pages 70450-70451]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-29271]


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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.
    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 December 8, 2011.
    A. Federal Reserve Bank of Atlanta (Chapelle Davis, Assistant Vice 
President) 1000 Peachtree Street NE., Atlanta, Georgia 30309:
    1. HCBF Holding Company, Inc., Palm City, Florida; to become a bank 
holding company by acquiring 100 percent of the voting shares of Grand 
Bankshares, Inc., and Grand Bank and Trust of Florida, both in West 
Palm Beach, Florida.

[[Page 70451]]

    B. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President) 
2200 North Pearl Street, Dallas, Texas 75201-2272:
    1. Woodforest Financial Group Employee Stock Ownership Plan (with 
401(k) Provisions) (Amended and Restated Effective March 1, 2006), and 
the related Woodforest Financial Group Employee Stock Ownership Trust; 
The Woodlands, Texas; to acquire up to 30 percent of the voting shares 
of Woodforest Financial Group, Inc., The Woodlands, Texas, and thereby 
indirectly acquire voting shares of Woodforest National Bank, Houston, 
Texas.

    Board of Governors of the Federal Reserve System, November 8, 
2011.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2011-29271 Filed 11-10-11; 8:45 am]
BILLING CODE 6210-01-P