ALABAMA ASSOCIATION OF INSURANCE AGENTS et al., Petitioners,
v.
BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.
GEORGIA ASSOCIATION OF INDEPENDENT INSURANCE AGENTS et al., Petitioners,
v.
BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.
NATIONAL ASSOCIATION OF INSURANCE AGENTS, INC., Petitioner,
v.
BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.
United States Court of Appeals, Fifth Circuit.https://leagle.com/images/logo.png
June 10, 1976.
June 10, 1976.
Attorney(s) appearing for the Case
Herbert E. Marks, Thomas J. Bacas, Thomas E. Wilson, Washington, D. C., Bibb Allen, Birmingham, Ala., for petitioners Ala. Ass'n of Ins. Agents et al.
Wm. B. Scher, Jr., Washington, D. C., for Nat. Ass'n of Life Underwriters and Alabama State Ass'n of Life Underwriters, Inc., amici curiae.
Macbeth Wagnon, Jr., Birmingham, Ala., for intervenor Southern Bancorporation.
William B. Saxbe, Atty. Gen., Edward H. Levi, Atty. Gen., U. S. Dept. of Justice, James E. Scott, Federal Reserve Bd., Leonard Schaitman, Ronald R. Glancz, Dept. of Justice, Washington, D. C., for respondent Bd. of Governors.
John V. Austin, Eugene J. Metzger, Lawrence F. Noble, Washington, D. C., for intervenor Committee to Preserve Consumer Options.
Herbert E. Marks, Thomas J. Bacas, Thomas E. Wilson, Washington, D. C., Robert R. Richardson, Atlanta, Ga., John F. Neville, Gen. Counsel, National Ass'n of Ins. Agents, Inc., New York City, for petitioners Ga. Ass'n of Independent Ins. Agents et al.
John V. Austin, Washington D. C., McChesney H. Jeffries, Howard O. Hunter, Atlanta, Ga., for intervenors.
Herbert E. Marks, Washington, D. C., Robert R. Richardson, Atlanta, Ga., for petitioner Nat. Ass'n of Ins. Agents, Inc.
Before TUTTLE, THORNBERRY and CLARK, Circuit Judges.
United States Court of Appeals, Fifth Circuit.
THORNBERRY, Circuit Judge:
These consolidated petitions for review of orders by the Board of Governors of the Federal Reserve System represent the culmination of a four year campaign by Southern Bancorporation (Southern) of Birmingham, Alabama, and First National Holding Corporation (First National) of Atlanta, Georgia, to gain entry into certain aspects of the insurance agency business. From a broader perspective, they represent...
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