CENTRAL S. & L. ASS'N OF CHARITON, IOWA v. FEDERAL H. L. B. BD.

Nos. 19614-19616.

422 F.2d 504 (1970)

CENTRAL SAVINGS AND LOAN ASSOCIATION OF CHARITON, IOWA, et al., Appellants, v. FEDERAL HOME LOAN BANK BOARD et al., Appellees. CENTRAL SAVINGS AND LOAN ASSOCIATION OF CHARITON, IOWA, et al., Appellants, v. UNITED FEDERAL SAVINGS AND LOAN ASSOCIATION OF DES MOINES, IOWA, Appellee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION, Carroll, Iowa, Appellant, v. FEDERAL HOME LOAN BANK BOARD et al., Appellees.

United States Court of Appeals, Eighth Circuit.

February 25, 1970.


Attorney(s) appearing for the Case

John D. Shors and A. Arthur Davis, Des Moines, Iowa, for appellants; Donald A. Wine, Des Moines, Iowa, Shirley A. Webster, Winterset, Iowa, R. H. Werner Creston, Iowa, Walter Ward Reynoldson, Osceola, Iowa, and G. A. Minnich, Jr., Carroll, Iowa, on the briefs.

Edward F. Sloane, of Sloane & Muldoon, Washington, D. C., for appellee United Federal Savings and Loan Assn. of Des Moines; Joseph A. Muldoon, Jr., Washington, D. C., on the brief.

Daniel J. Goldberg, Asst. Gen. Counsel, Federal Home Loan Bank Bd., Washington, D. C., for Federal Home Loan Bank Bd.; Arthur W. Leibold, Jr., Gen. Counsel, Max Wilfand, Deputy Gen. Counsel, Paul E. McGraw, Assoc. Gen. Counsel, Federal Home Loan Bank Bd., on the brief.

Before MATTHES, BLACKMUN and BRIGHT, Circuit Judges.


BRIGHT, Circuit Judge.

When the Federal Home Loan Bank Board authorized United Federal Savings and Loan Association of Des Moines, Iowa (United Federal) to utilize a mobile savings and loan facility (essentially an office mounted on wheels) to provide its services to three Iowa communities, several competitors brought civil actions for injunctive and declaratory relief to negate the exercise of such authority. In two actions against the Federal Home Loan Bank Board...

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