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BRIDGEPORT FED. S. & L. ASS'N v. FEDERAL HOME LOAN BANK BD.

Civ. A. No. 29414.

199 F.Supp. 410 (1961)

BRIDGEPORT FEDERAL SAVINGS AND LOAN ASSOCIATION v. FEDERAL HOME LOAN BANK BOARD and Quaker City Federal Savings and Loan Association.

United States District Court E. D. Pennsylvania.

November 14, 1961.

Attorney(s) appearing for the Case

Duffy, McTighe & McElhone, Desmond J. McTighe, Lawrence A. Brown, Philip D. Weiss, Norristown, Pa., for plaintiff.

Walter E. Alessandroni, U. S. Atty., Eastern Dist. of Pennsylvania, Philadelphia, Pa., Ray E. Dougherty, Albion W. Fenderson, Attys., Thomas H. Creighton, Jr., Gen. Counsel, Federal Home Loan Bank Board, Washington, D. C., for Federal Home Loan Bank Board.

Charles J. Biddle, Patrick T. Ryan, Philadelphia, Pa., for Quaker City Federal Savings & Loan Ass'n. Raymond K. Denworth, Drinker, Biddle & Reath, Philadelphia, Pa., of counsel.

KRAFT, District Judge.

This is an action by Bridgeport Federal Savings and Loan Association ("Bridgeport") for declaratory and injunctive relief against the Federal Home Loan Bank Board ("Board") and Quaker City Federal Savings and Loan Association ("Quaker City"), following the Board's approval of Quaker City's application to establish a branch office. The case is before us on defendants' motions to dismiss.

The averments of the complaint may be briefly summarized...

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