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FINAL ENFORCEMENT ORDERS ISSUED BY THE BOARD OF GOVERNORS.


The Federal Reserve Board announced on April 16, 1999, the issuance of a Combined Order to Cease and Desist and Order of Assessment of a Civil Money Penalty against Paul P. Piper, Jr., a former institution-affiliated party of first National Summit Bankshares, Crested Butte

Butte, city, United States

Butte (byt), city (1990 pop. 33,336), seat of Silver Bow co., SW Mont.; inc. 1879. It is a trade, ranching, and industrial center. Mining dominated the city's life and economy from its establishment in 1862.
, Colorado, a former registered bank holding company, and the First National Summit Bank, Gunnison Gunnison, river, 180 mi (290 km) long, rising in W central Colo. and flowing SW, W, and NW to the Colorado River at Grand Junction. It flows through magnificent canyons, notably the Black Canyon of the Gunnison, a national park. Gunnison Tunnel, c.5 mi (8 km) long, was built between 1905 and 1909 to divert the river's water to the Uncompahgre Valley for irrigation., Colorado, a former national bank.

Paul P. Piper

Crested Butte, Colorado
COPYRIGHT 1999 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 1999
Words:69
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