82_FR_12139 82 FR 12101 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

82 FR 12101 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 38 (February 28, 2017)

Page Range12101-12101
FR Document2017-03860

Federal Register, Volume 82 Issue 38 (Tuesday, February 28, 2017)
[Federal Register Volume 82, Number 38 (Tuesday, February 28, 2017)]
[Notices]
[Page 12101]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-03860]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of 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 offices 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 March 14, 2017.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Rebecca R. Billingsley, Lake Elmo, Minnesota, Daniel D. Raleigh, 
Lake Elmo, Minnesota, and Elizabeth R. Landherr, Lake Elmo, Minnesota, 
individually, and as trustees of one or more of the following trusts: 
The Joseph Leo Raleigh Trust (trustee Daniel D. Raleigh), the Megan 
Snowell Raleigh Trust (trustee Daniel D. Raleigh), the Elizabeth Tian 
Landherr Trust (trustee Elizabeth R. Landherr), the Maria Snowell 
Landherr Trust (trustee Elizabeth R. Landherr), the Anna Keman Raleigh 
Landherr Trust (trustee Elizabeth R. Landherr), the John Daniel 
Billingsley Trust (trustee Rebecca R. Billingsley), the Kathleen 
Raleigh Billingsley Trust, (trustee Rebecca R. Billingsley), and the 
Rachel Elizabeth Billingsley Trust (trustee Rebecca R. Billingsley), 
and as the persons designated to vote the shares held by the Lake Elmo 
Bank Employee Stock Ownership Trust (all Trusts located in Lake Elmo, 
Minnesota); to retain shares of Lake Elmo Bancshares, Inc., Lake Elmo, 
Minnesota, and thereby indirectly retain shares of Lake Elmo Bank, Lake 
Elmo, Minnesota.

    Board of Governors of the Federal Reserve System, February 23, 
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-03860 Filed 2-27-17; 8:45 am]
 BILLING CODE 6210-01-P



                                                                              Federal Register / Vol. 82, No. 38 / Tuesday, February 28, 2017 / Notices                                                 12101

                                                     Agreement No.: 012201–003.                             Synopsis: The Agreement authorizes                  Ownership Trust (all Trusts located in
                                                     Title: WWL/‘‘K’’ Line Space Charter                  Hyundai and Zim to charter space to                   Lake Elmo, Minnesota); to retain shares
                                                  Agreement.                                              each other in the trade between China,                of Lake Elmo Bancshares, Inc., Lake
                                                     Parties: Wallenius Wilhelmsen                        Taiwan, and Korea on the one hand and                 Elmo, Minnesota, and thereby indirectly
                                                  Logistics AS and Kawasaki Kisen                         the U.S. West Coast on the other hand.                retain shares of Lake Elmo Bank, Lake
                                                  Kaisha, Ltd.                                              By Order of the Federal Maritime                    Elmo, Minnesota.
                                                     Filing Party: John P. Meade; K-Line                  Commission.                                             Board of Governors of the Federal Reserve
                                                  America, Inc.; 6009 Bethlehem Road;                       Dated: February 23, 2017.                           System, February 23, 2017.
                                                  Preston, MD 21655.                                                                                            Yao-Chin Chao,
                                                                                                          Rachel E. Dickon,
                                                     Synopsis: The amendment clarifies                                                                          Assistant Secretary of the Board.
                                                  the Parties’ agreement to charter space                 Assistant Secretary.
                                                                                                          [FR Doc. 2017–03898 Filed 2–27–17; 8:45 am]           [FR Doc. 2017–03860 Filed 2–27–17; 8:45 am]
                                                  to each other and corrects clerical
                                                                                                                                                                BILLING CODE 6210–01–P
                                                  errors.                                                 BILLING CODE 6731–AA–P

                                                     Agreement No.: 012225–002.
                                                     Title: King Ocean/Seaboard Space                                                                           FEDERAL RESERVE SYSTEM
                                                  Charter Agreement.                                      FEDERAL RESERVE SYSTEM
                                                     Parties: Seaboard Marine, Ltd. and                                                                         Formations of, Acquisitions by, and
                                                  King Ocean Services Limited, Inc.                       Change in Bank Control Notices;                       Mergers of Bank Holding Companies
                                                     Filing Party: Wayne Rohde; Cozen                     Acquisitions of Shares of a Bank or
                                                  O’Connor; 1200 19th Street NW.;                         Bank Holding Company                                    The companies listed in this notice
                                                  Washington, DC 20036.                                                                                         have applied to the Board for approval,
                                                                                                            The notificants listed below have                   pursuant to the Bank Holding Company
                                                     Synopsis: The amendment revises the                  applied under the Change in Bank
                                                  amount of space chartered under the                                                                           Act of 1956 (12 U.S.C. 1841 et seq.)
                                                                                                          Control Act (12 U.S.C. 1817(j)) and                   (BHC Act), Regulation Y (12 CFR part
                                                  Agreement.                                              § 225.41 of the Board’s Regulation Y (12              225), and all other applicable statutes
                                                     Agreement No.: 012443–001.                           CFR 225.41) to acquire shares of a bank               and regulations to become a bank
                                                     Title: Hyundai Glovis/Sallaum                        or bank holding company. The factors                  holding company and/or to acquire the
                                                  Cooperative Working Agreement.                          that are considered in acting on the                  assets or the ownership of, control of, or
                                                     Parties: Hyundai Glovis Co., Ltd. and                notices are set forth in paragraph 7 of               the power to vote shares of a bank or
                                                  Sallaum Lines DMCC.                                     the Act (12 U.S.C. 1817(j)(7)).                       bank holding company and all of the
                                                     Filing Party: Wayne Rohde; Cozen                       The notices are available for                       banks and nonbanking companies
                                                  O’Connor; 1200 19th Street NW.;                         immediate inspection at the Federal                   owned by the bank holding company,
                                                  Washington, DC 20036.                                   Reserve Bank indicated. The notices                   including the companies listed below.
                                                     Synopsis: The amendment converts                     also will be available for inspection at                The applications listed below, as well
                                                  the agreement from a two-way charter to                 the offices of the Board of Governors.                as other related filings required by the
                                                  primarily a one-way charter of space                    Interested persons may express their                  Board, are available for immediate
                                                  and revises the duration of agreement.                  views in writing to the Reserve Bank                  inspection at the Federal Reserve Bank
                                                  The amendment also restates the                         indicated for that notice or to the offices           indicated. The applications will also be
                                                  agreement.                                              of the Board of Governors. Comments                   available for inspection at the offices of
                                                     Agreement No.: 012465.                               must be received not later than March                 the Board of Governors. Interested
                                                     Title: Hapag-Lloyd/UASC Vessel                       14, 2017.                                             persons may express their views in
                                                  Sharing Agreement.                                        A. Federal Reserve Bank of                          writing on the standards enumerated in
                                                     Parties: Hapag-Lloyd and United Arab                 Minneapolis (Jacquelyn K. Brunmeier,                  the BHC Act (12 U.S.C. 1842(c)). If the
                                                  Shipping Company Limited.                               Assistant Vice President) 90 Hennepin                 proposal also involves the acquisition of
                                                     Filing Party: David Smith; Cozen                     Avenue, Minneapolis, Minnesota                        a nonbanking company, the review also
                                                  O’Connor; 1200 19th Street NW.;                         55480–0291:                                           includes whether the acquisition of the
                                                  Washington, DC 20036.                                     1. Rebecca R. Billingsley, Lake Elmo,               nonbanking company complies with the
                                                     Synopsis: In light of the fact that                  Minnesota, Daniel D. Raleigh, Lake                    standards in section 4 of the BHC Act
                                                  Hapag-Lloyd is in the process of                        Elmo, Minnesota, and Elizabeth R.                     (12 U.S.C. 1843). Unless otherwise
                                                  merging its liner shipping business with                Landherr, Lake Elmo, Minnesota,                       noted, nonbanking activities will be
                                                  that of United Arab Shipping Company                    individually, and as trustees of one or               conducted throughout the United States.
                                                  (the ‘‘Transaction’’), the Agreement                    more of the following trusts: The Joseph                Unless otherwise noted, comments
                                                  authorizes the Parties, in advance of the               Leo Raleigh Trust (trustee Daniel D.                  regarding each of these applications
                                                  Transaction, to coordinate and                          Raleigh), the Megan Snowell Raleigh                   must be received at the Reserve Bank
                                                  cooperate with respect to the Parties’                  Trust (trustee Daniel D. Raleigh), the                indicated or the offices of the Board of
                                                  transportation services and operations,                 Elizabeth Tian Landherr Trust (trustee                Governors not later than March 23,
                                                  including through the sharing of space                  Elizabeth R. Landherr), the Maria                     2017.
                                                  on vessels operated under THE Alliance                  Snowell Landherr Trust (trustee                         A. Federal Reserve Bank of St. Louis
                                                  Agreement (FMC Agreement No.                            Elizabeth R. Landherr), the Anna Keman                (David L. Hubbard, Senior Manager)
                                                  012439).                                                Raleigh Landherr Trust (trustee                       P.O. Box 442, St. Louis, Missouri
                                                     Agreement No.: 012466.                               Elizabeth R. Landherr), the John Daniel               63166–2034. Comments can also be sent
                                                     Title: HMM/ZIM Pacific Northwest                     Billingsley Trust (trustee Rebecca R.                 electronically to
mstockstill on DSK3G9T082PROD with NOTICES




                                                  Slot Exchange Agreement.                                Billingsley), the Kathleen Raleigh                    Comments.applications@stls.frb.org:
                                                     Parties: Hyundai Merchant Marine                     Billingsley Trust, (trustee Rebecca R.                  1. Midland States Bancorp, Inc.,
                                                  Co., Ltd. and Zim Integrated Shipping                   Billingsley), and the Rachel Elizabeth                Effingham, Illinois; to acquire 100
                                                  Services Ltd.                                           Billingsley Trust (trustee Rebecca R.                 percent of the voting shares of Centrue
                                                     Filing Party: Mark Newcomb; Zim                      Billingsley), and as the persons                      Financial Corporation, Ottawa, Illinois,
                                                  Integrated Shipping Services Ltd.; 5801                 designated to vote the shares held by the             and thereby indirectly acquire Centrue
                                                  Lake Wright Drive; Norfolk, VA 23502.                   Lake Elmo Bank Employee Stock                         Bank, Streator, Illinois.


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Document Created: 2017-02-27 23:54:10
Document Modified: 2017-02-27 23:54:10
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
FR Citation82 FR 12101 

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