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FIRST LINCOLNWOOD CORP. v. BD. OF GOVERNORS, ETC.

No. 76-1114.

546 F.2d 718 (1976)

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

United States Court of Appeals, Seventh Circuit.

Decided December 7, 1976.

Rehearing and Rehearing Granted March 3, 1977.

Attorney(s) appearing for the Case

George B. Collins, Chicago, Ill., for petitioner.

Rex E. Lee, Asst. Atty. Gen., Michael H. Stein, Atty., Dept. of Justice, Washington, D. C., for respondent.

Before CLARK, Associate Justice (Retired), FAIRCHILD, Chief Judge, and HASTINGS, Senior Circuit Judge.

Rehearing and Rehearing En Banc Granted March 3, 1977.

HASTINGS, Senior Circuit Judge.

Petitioner First Lincolnwood Corporation, Lincolnwood, Illinois (First Lincolnwood), is a non-operating corporation organized under the laws of Illinois, for the purpose of becoming a bank holding company through the acquisition of the First National Bank of Lincolnwood, Lincolnwood, Illinois (Bank).

Petitioner seeks review of an order of respondent Board of Governors...

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