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GARDNER & NORTH R. & S. CORP. v. BOARD OF GOV'S, FED. RES. SYS.

No. 71-1089.

464 F.2d 838 (1972)

GARDNER AND NORTH ROOFING AND SIDING CORPORATION, a corporation, et al., Appellants, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM et al.

United States Court of Appeals, District of Columbia Circuit.

Decided July 14, 1972.

Attorney(s) appearing for the Case

Mr. Joseph J. Lyman, Washington, D. C., for appellants.

Mr. Thomas J. Press, Atty., Dept. of Justice, with whom Mr. L. Patrick Gray, III, Deputy Atty. Gen. at the time the brief was filed, Messrs. Thomas A. Flannery, U. S. Atty. at the time the brief was filed, and Alan S. Rosenthal, Atty., Dept. of Justice, were on the brief, for appellees. Messrs. Harold D. Rhynedance, Jr., Asst. Gen. Counsel, and Gerald Harwood, Atty., F. T. C., also entered appearances for appellee Federal Trade Comm.

Before LEVENTHAL and ROBB, Circuit Judges, and FRANK A. KAUFMAN, U. S. District Judge for the District of Maryland.

ROBB, Circuit Judge:

In an action for declaratory judgment the appellants challenged as invalid a regulation promulgated by the Federal Reserve Board under the Truth in Lending Act, Title I of the Consumer Credit Protection Act, 15 U.S.C. § 1601 et seq. On cross motions for summary judgment the district court upheld the validity of the regulation and dismissed the action. We affirm.

The appellant Gardner and North Roofing and Siding Corporation, a New...

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