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UNITED STATES v. CITIZENS AND SOUTHERN NATIONAL BANK

Civ. A. No. 15823.

339 F.Supp. 1143 (1972)

UNITED STATES of America, Plaintiff, v. CITIZENS AND SOUTHERN NATIONAL BANK et al., Defendants.

United States District Court, N. D. Georgia, Atlanta Division.

March 3, 1972.

Attorney(s) appearing for the Case

Donald A. Kinkaid, William E. Swope, Dept. of Justice, Antitrust Division, Atlanta, Ga., for plaintiff.

Alston, Miller & Gaines, Atlanta, Ga., for defendants.

Philip L. Roache, Jr., Washington, D. C., for Citizens and Southern South DeKalb Bank.

ORDER

MOYE, District Judge.

The commencement of this suit under the antitrust laws resulted in a stay of the effectiveness of the Federal Deposit Insurance Corporation's approval of the proposed bank mergers herein involved. The relevant statute provides: "The commencement of such an [antitrust] action shall stay the effectiveness of the agency's approval [of the merger] unless the court shall otherwise specifically order." 12 U.S.C. § 1828(c...

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