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DEPT. OF FIN. INST. ET AL. v. UNIVERSAL C.I.T. ET AL.

No. 29,505.

237 Ind. 404 (1957)

146 N.E.2d 93

DEPARTMENT OF FINANCIAL INSTITUTIONS ET AL. v. UNIVERSAL C.I.T. CREDIT CORPORATION ET AL.

Supreme Court of Indiana.

Rehearing denied January 7, 1958.

Attorney(s) appearing for the Case

Edwin K. Steers, Attorney General, Carl M. Franceschini, George L. Diven, Deputy Attorneys General, John K. Ruckelshaus, John C. O'Connor, Ruckelshaus, Reilly, Rhetts & O'Connor, James Wm. Treacy and Treacy & Gleason, all of Indianapolis, for appellants.

Leo M. Gardner, Alan W. Boyd and Barnes, Hickam, Pantzer & Boyd, of counsel, all of Indianapolis, for appellee Universal C.I.T. Credit Corporation.

Gustav H. Dongus, Fansler, Fauvre, Dongus & Chambers, of counsel, all of Indianapolis, for appellee, Automobile Dealers Association of Indiana, Inc.

EMMERT, J.

This is an appeal from a judgment of the circuit court, entered on a special finding of facts and conclusions of law, which set aside and vacated an order of the Department of Financial Institutions of the State of Indiana entered the 28th day of December, 1955. The order of the Department required the Universal C.I.T. Credit Corporation to cease and desist from making payments of any kind or character, directly or indirectly, to any automobile dealer within...

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