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FIRST NAT. BANK OF CATAWBA CTY. v. WACHOVIA B. & T. CO., N. A.

No. C-67-WS-71.

325 F.Supp. 523 (1971)

FIRST NATIONAL BANK OF CATAWBA COUNTY, Plaintiff, v. WACHOVIA BANK & TRUST COMPANY, N. A., and William B. Camp, Comptroller of the Currency of the United States, Defendants.

United States District Court, M. D. North Carolina, Winston-Salem Division.

April 15, 1971.

Attorney(s) appearing for the Case

Hugh Cannon, of Sanford, Cannon, Adams & McCullough, Raleigh, N. C., for plaintiff.

John R. Jordan, Jr., of Jordan, Morris & Holt, Raleigh, N. C., for defendant, Wachovia Bank & Trust Company, N. A.

L. Patrick Gray, III, Asst. Atty. Gen., Washington, D. C., William L. Osteen, U. S. Atty., and Bradley J. Cameron, Asst. U. S. Atty., Greensboro, N. C., Harland F. Leathers and Jess H. Rosenberg, Attys., Dept. of Justice, Washington, D. C., C. Westbrook Murphy, John E. Shockey and John V. Austin, Attys., Office of the Comptroller of the Currency of the United States, for defendant, William B. Camp, Comptroller of the Currency of the United States.

MEMORANDUM OPINION

EDWIN M. STANLEY, Chief Judge.

Plaintiff, First National Bank of Catawba County ("First National"), Hickory, North Carolina, seeks by this action to have declared invalid the approval of William B. Camp, Comptroller of the Currency of the United States ("Comptroller"), of an application of the defendant, Wachovia Bank & Trust Company, N. A. ("Wachovia"), of Winston-Salem, North Carolina, for permission to establish and operate a branch...

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