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UNITED STATES v. DEPOSIT GUARANTY NAT. BANK OF JACKSON

Civ. A. No. 4311.

373 F.Supp. 1230 (1974)

UNITED STATES of America, Plaintiff, v. DEPOSIT GUARANTY NATIONAL BANK OF JACKSON and City Bank & Trust Company, Defendants, James E. Smith, Comptroller of the Currency, Intervenor.

United States District Court, S. D. Mississippi, Jackson Division.

March 25, 1974.

Attorney(s) appearing for the Case

John M. Toohey, John W. Clark, U. S. Attys., Anti Trust Div., Dept. of Justice, Washington, D. C., and Robert E. Hauberg, U. S. Dist. Atty., Jackson, Miss., for plaintiff.

L. Arnold Pyle, Jackson, Miss., and Philip L. Roache, Jr., Washington, D. C., for defendants.

Chas. H. McEnerney, Jr., Treasury Dept., Washington, D. C., for the Comptroller of the Currency, for intervenor.

OPINION OF THE COURT

DAN M. RUSSELL, Jr., Chief Judge.

Following a proposed merger of Deposit Guaranty National Bank, Jackson, Mississippi, and City Bank and Trust Company, Natchez, Mississippi, and following approval of the merger by The Comptroller of the Currency, the Anti-trust Division of the Department of Justice filed the above styled action against both banks under Section 7 of the Clayton Act, 15 U.S.C. § 18, alleging that the merger was anti...

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