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CHARNITA, INC. v. F. T. C.

No. 72-1707.

479 F.2d 684 (1973)

CHARNITA, INC., a corporation and Charles G. Rist, Individually and as an officer of said corporation, Petitioners, v. FEDERAL TRADE COMMISSION, Respondent.

United States Court of Appeals, Third Circuit.

Decided May 31, 1973.

As Amended June 25, 1973.

Attorney(s) appearing for the Case

Leroy W. Preston, John J. O'Connor, Jr., Baltimore, Md., for petitioners.

Ronald M. Dietrich, Gen. Counsel, Harold D. Rhynedance, Jr., Asst. Gen. Counsel, Washington, D. C., Karl H. Buschmann, Federal Trade Commission, Washington, D. C., for respondent.

Before JAMES HUNTER, III, and WEIS, Circuit Judges, and SCALERA, District Judge.

OPINION OF THE COURT

WEIS, Circuit Judge.

The Federal Trade Commission has issued an order finding that there were violations of the Truth in Lending Act by petitioner Charnita, Inc. and requiring it to give notice to certain of its customers of an opportunity to rescind their transactions.

Charnita, Inc. is a Pennsylvania corporation engaged in the business of selling land for recreational and residential home sites in that state. Many of the sales...

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