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ARLINGTON HEIGHTS SAV. & LOAN v. KNIGHT

No. 37973.

29 Ill.2d 558 (1963)

194 N.E.2d 338

ARLINGTON HEIGHTS FEDERAL SAVINGS & LOAN ASSOCIATION et al., Appellants, v. JOSEPH E. KNIGHT, Director of Financial Institutions et al., Appellees.

Supreme Court of Illinois.

Opinion filed November 26, 1963.

Attorney(s) appearing for the Case

RUSSELL & BRIDEWELL, of Chicago, (DAVID A. BRIDEWELL and ROBERT KEITH LARSON, of counsel,) for appellants.

WILLIAM G. CLARK, Attorney General, of Springfield, (WILLIAM C. WINES, EDWARD A. BERMAN, and RICHARD A. MICHAEL, Assistant Attorneys General, of counsel,) for appellee Director of Financial Institutions.

HAROLD E. MARKS, of Chicago, (JOSEPH W. MIODUSKI and BURTON G. HIRSCH, of counsel,) for other appellees.

Judgment affirmed.

Mr. JUSTICE UNDERWOOD delivered the opinion of the court:

This direct appeal is from a judgment of the superior court of Cook County affirming the order of the Director of Financial Institutions granting a permit for the organization of Clearbrook Savings and Loan Association in Arlington Heights. While plaintiffs in the administrative review proceedings, all of whom are competing financial institutions within the nearby area, base their...

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