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NORTH FED. SAV. & LOAN ASS'N v. BECKER

No. 36802.

24 Ill.2d 514 (1962)

182 N.E.2d 155

NORTH FEDERAL SAVINGS AND LOAN ASSOCIATION OF CHICAGO, Appellant, v. CONRAD F. BECKER, Director of Financial Institutions, et al., Appellees.

Supreme Court of Illinois.

Rehearing denied May 23, 1962.

Attorney(s) appearing for the Case

DALLSTREAM, SCHIFF, HARDIN, WAITE & DORSCHEL, of Chicago, (ALBERT E. HALLETT, of counsel,) for appellant.

WILLIAM G. CLARK, Attorney General, of Springfield, (WILLIAM C. WINES, RAYMOND S. SARNOW, A. ZOLA GROVES, and AUBREY KAPLAN, Assistant Attorneys General, of counsel,) for appellee the Director of Financial Institutions; and FISCHEL, KAHN, HEART & WEINBERG, of Chicago, (JACK A. DIAMOND, of counsel,) for appellee Apollo Savings and Loan Association.

Reversed and remanded.

Mr. JUSTICE SCHAEFER delivered the opinion of the court:

Apollo Savings and Loan Association (Apollo) applied to the Director of Financial Institutions for permission to move its location from 3932 West Madison Street to "the vicinity of Chicago Avenue and Michigan Avenue," in Chicago. North Federal Savings and Loan Association of Chicago (North Federal) and other financial institutions objected. A hearing was had, and the Director ultimately...

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