FEDERAL DEPOSIT INS. CORP. v. SUMNER FINANCIAL CORP.

No. 71-7-Civ-J-S.

376 F.Supp. 772 (1974)

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. SUMNER FINANCIAL CORPORATION, Defendant.

United States District Court, M. D. Florida, Jacksonville Division.

May 17, 1974.


Attorney(s) appearing for the Case

Frank X. Friedmann, Jr., Jacksonville, Fla., for plaintiff.

C. Harris Dittmar, Jacksonville, Fla., for defendant.


ORDER AND INJUNCTION

CHARLES R. SCOTT, District Judge.

This is an action by the Federal Deposit Insurance Corporation (FDIC) for an injunction restraining Sumner Financial Corporation (sometimes hereinafter called SFC and sometimes called Sumner), a so-called money broker, from violating FDIC regulations pertaining to the advertising of interest on deposits in nonmember banks1 in violation of 12 C. F.R. § 329.8(g) (1973...

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