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GROOS NAT. BANK v. COMPTROLLER OF CURRENCY

Nos. 76-4065, 77-1398.

573 F.2d 889 (1978)

GROOS NATIONAL BANK and Clinton Manges, Plaintiffs-Appellants, v. COMPTROLLER OF the CURRENCY, Defendant-Appellee. GROOS NATIONAL BANK OF SAN ANTONIO, TEXAS, and Clinton Manges, Petitioners, v. UNITED STATES of America, DEPARTMENT OF the TREASURY, OFFICE OF the COMPTROLLER OF the CURRENCY, Respondent.

United States Court of Appeals, Fifth Circuit.

May 26, 1978.

Attorney(s) appearing for the Case

Robert L. Schwind, William R. King, Atlanta, Ga., for plaintiff-appellant Clinton Manges and intervenor Helen Ruth Manges.

Bernard Ladon, San Antonio, Tex., for Groos Nat. Bank.

John E. Clark, U. S. Atty., Jeremiah Handy, Archie Carl Pierce, Asst. U. S. Attys., San Antonio, Tex., Ronald R. Glanz, Mary Gallagher, Attys., Civ. Div., Dept. of Justice, Washington, D. C., Barbara Allen Babcock, Asst. Atty. Gen., for defendant-appellee.

Before MORGAN and GEE, Circuit Judges, and KING, District Judge.

GEE, Circuit Judge:

These two cases concern the efforts of the Comptroller of the Currency to cope with the relationship between the Groos National Bank, a nationally chartered banking association in San Antonio, Texas, and its chief shareholder, Clinton Manges. These efforts have continued for some time, and a certain amount of background information is necessary in order to comprehend the present controversy.

Mr. Manges acquired a controlling interest in...

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