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BANKAMERICA CORP. v. BOARD OF GOVERNORS OF FED. RES. SYS.

No. 72-2325.

491 F.2d 985 (1974)

BANKAMERICA CORPORATION, Petitioner, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.

United States Court of Appeals, Ninth Circuit.

January 29, 1974.

Attorney(s) appearing for the Case

Robert H. Fabian, H. Helmut Loring, Neal L. Petersen (Argued), Thomas C. Holman, San Francisco, Cal. (Bank of America Center), for appellant.

Thomas J. O'Connell, Gen. Counsel, Michael A. Greenspan, Asst. Secretary, Board of Governors of Federal Reserve System, Washington, D. C., Jim Browning, U. S. Atty., San Francisco, Cal., Morton Hollander, U. S. Atty. Gen., Chief of Appellate Section, William D. Appler, Ronald Glancz (Argued), U. S. Dept. of Justice, Washington, D. C., for respondent.

Before ELY, KILKENNY and GOODWIN, Circuit Judges.

ALFRED T. GOODWIN, Circuit Judge:

This petition for review challenges an order denying an application by a bank holding company to operate a computer-equipment leasing business.

BankAmerica seeks, pursuant to 12 U.S.C. § 1848, to reverse the Board of Governors of the Federal Reserve System, which denied BankAmerica's application to engage, through a newly organized subsidiary, in the leasing of computter equipment and the providing of lease-financing...

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