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OLSEN v. CAMP

Civ. A. No. 31804.

328 F.Supp. 728 (1969)

Lorne OLSEN, B. D. Carey, James A. Stirling, George Ivan Cox, Eugene L. Sparrow, James D. Flannery, James Richardson, Jr., William B. Bachman, Jr., Floyd Elsworth Mengel, proposed organizers of Inter-Lakes National Bank, a national banking association in the process of formation, Plaintiffs, v. William B. CAMP, Comptroller of the Currency of the United States, Defendant.

United States District Court, E. D. Michigan, S. D.

Supplemental Opinion July 13, 1970.

Attorney(s) appearing for the Case

William H. Merrill, Paul D. Sherr, Parsons, Tennent, Hammond, Hardig & Ziegelman, Detroit, Mich., for plaintiffs.

William D. Ruckelshaus, Asst. Atty. Gen., Harland F. Leathers, Robert D. Bernstein, Attys., Dept. of Justice, Washington, D. C., Robert J. Grace, U. S. Atty., Milton J. Trumbauer, Asst. U. S. Atty., Detroit, Mich., C. Westbrook Murphy, Gerald Lamberti, Office of Comptroller of Currency, Washington, D. C., of counsel, for defendant.

ORDER DENYING DEFENDANT'S MOTION TO DISMISS PLAINTIFFS' COMPLAINT AND GRANTING PLAINTIFFS' MOTION TO PRODUCE

THEODORE LEVIN, District Judge.

Plaintiffs applied to defendant for a certificate authorizing plaintiffs to commence the banking business under 12 U. S.C. § 27. The defendant refused to approve the application. Plaintiffs brought this action alleging that the decision of the defendant was "unreasonable, arbitrary and capricious, an abuse of discretion...

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