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Federal Register / Vol. 70, No.

122 / Monday, June 27, 2005 / Notices 36939

Closed Session actions to terminate Complainant’s available for inspection at the offices of
• Report on System Performance leasehold relationship with Respondent; the Board of Governors. Interested
(with discussion of 2004 results of cease all actions designed to harass, persons may express their views in
Dynamic Capital Adequacy Test) intimidate and delay the operations of writing on the standards enumerated in
the Complainant; establish and put in the BHC Act (12 U.S.C. 1842(c)). If the
Open Session force such practices as the Commission proposal also involves the acquisition of
A. Approval of Minutes determines to be lawful and reasonable; a nonbanking company, the review also
• March 21, 2005 (Regular Meeting) provide other relief the Commission includes whether the acquisition of the
B. Reports may determine to be proper as reward nonbanking company complies with the
• Financials or reparation; and take any other action standards in section 4 of the BHC Act
• Report on Insured Obligations the Commission determines to be (12 U.S.C. 1843). Unless otherwise
• Quarterly Report on Annual appropriate. noted, nonbanking activities will be
Performance Plan This proceeding has been assigned to conducted throughout the United States.
C. New Business the Office of Administrative Law Judges. Additional information on all bank
• Mid-Year Review of Insurance Hearing in this matter, if any is held, holding companies may be obtained
Premium Rates shall commence within the time from the National Information Center
Dated: June 21, 2005. limitations prescribed in 46 CFR 502.61, website at www.ffiec.gov/nic/.
Jeanette C. Brinkley, and only after consideration has been Unless otherwise noted, comments
Secretary, Farm Credit System Insurance given by the parties and the presiding regarding each of these applications
Corporation Board. officer to the use of alternative forms of must be received at the Reserve Bank
[FR Doc. 05–12661 Filed 6–24–05; 8:45 am] dispute resolution. The hearing shall indicated or the offices of the Board of
BILLING CODE 6710–01–P
include oral testimony and cross- Governors not later than July 18, 2005.
examination in the discretion of the A. Federal Reserve Bank of Atlanta
presiding officer only upon proper (Andre Anderson, Vice President) 1000
showing that there are genuine issues of Peachtree Street, N.E., Atlanta, Georgia
FEDERAL MARITIME COMMISSION
material fact that cannot be resolved on 30303:
[Docket No. 05–03] the basis of sworn statements, affidavits, 1. First Security Group, Inc.,
depositions, or other documents or that Chattanooga, Tennessee; to acquire
American Warehousing of New York, the nature of the matter in issue is such Jackson Bank and Trust, Gainesboro,
Inc. v. the Port Authority of New York that an oral hearing and cross- Tennessee.
and New Jersey; Notice of Filing of examination are necessary for the B. Federal Reserve Bank of Chicago
Complaint and Assignment development of an adequate record. (Patrick M. Wilder, Assistant Vice
Notice is given that a complaint has Pursuant to the further terms of 46 CFR President) 230 South LaSalle Street,
been filed by American Warehousing of 502.61, the initial decision of the Chicago, Illinois 60690-1414:
presiding officer in this proceeding shall 1. Clarkston Financial Corporation,
New York, Inc. (‘‘Complainant’’) against
be issued by June 21, 2006, and the final Clarkston, Michigan; to acquire not less
the Port Authority of New York and
decision of the Commission shall be than 51 percent of the voting shares of
New Jersey (‘‘Respondent’’).
issued by October 19, 2006. Huron Valley State Bank, Milford,
Complainant contends that Respondent
Michigan (in organization).
has violated, and continues to violate Bryant L. VanBrakle,
sections 10(d)(1), 10(d)(3) 10(d)(4), Board of Governors of the Federal Reserve
Secretary. System, June 20, 2005.
10(b)(10) and 10(b)(13) of the Act, 46
[FR Doc. 05–12640 Filed 6–24–05; 8:45 am]
U.S.C. App. 1709(d)(1), 1709(d)(3), Robert deV. Frierson,
BILLING CODE 6730–01–P
1709(b)(4), 1709(b)(10) and 1709(b)(13), Deputy Secretary of the Board.
respectively. Specifically, the [FR Doc. 05–12496 Filed 6–24–05; 8:45 am]
Complainant alleges that the BILLING CODE 6210–01–S
Respondent has not provided any FEDERAL RESERVE SYSTEM
material or reasonable justification for
Formations of, Acquisitions by, and
its actions (i) in hampering operations at FEDERAL TRADE COMMISSION
Mergers of Bank Holding Companies
American Warehousing, (ii) delaying
and/or denying berths to ships at The companies listed in this notice [File No. 042 3160]
American Warehousing, (iii) in its have applied to the Board for approval,
campaign to convince American pursuant to the Bank Holding Company BJ’s Wholesale Club, Inc.; Analysis of
Warehousing clients to take their Act of 1956 (12 U.S.C. 1841 et seq.) Proposed Consent Order To Aid Public
business elsewhere, and (iv) its attempts (BHC Act), Regulation Y (12 CFR Part Comment
to double the rent at Pier 7, and (v) 225), and all other applicable statutes AGENCY: Federal Trade Commission.
engaging in various discriminatory, and regulations to become a bank ACTION: Proposed consent agreement.
retaliatory or irrational behavior. As a holding company and/or to acquire the
direct result of these allegations, assets or the ownership of, control of, or SUMMARY: The consent agreement in this
Complainant claims that Respondent’s the power to vote shares of a bank or matter settles alleged violations of
actions have given American bank holding company and all of the federal law prohibiting unfair or
Warehousing’s competitors in other banks and nonbanking companies deceptive acts or practices or unfair
terminals and geographic locations an owned by the bank holding company, methods of competition. The attached
unfair advantage in that they are able to including the companies listed below. Analysis to Aid Public Comment
conduct business in the New York-New The applications listed below, as well describes both the allegations in the
Jersey area more efficiently because the as other related filings required by the draft complaint and the terms of the
Respondent is not harassing them or Board, are available for immediate consent order—embodied in the consent
their clients. Complainant seeks an inspection at the Federal Reserve Bank agreement—that would settle these
order directing Respondent to cease all indicated. The application also will be allegations.

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