ALABAMA ASS'N, INS. v. BD. OF GOV'RS, FED. R.S.

Nos. 74-2981, 74-3544 and 74-3843.

558 F.2d 729 (1977)

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.

As Amended on Denial of Second Petition for Rehearing and Rehearing September 1, 1977.


Attorney(s) appearing for the Case

Herbert E. Marks, Thomas J. Bacas, Thomas E. Wilson, Washington, D.C., Robert R. Richardson, Atlanta, Ga., John F. Neville, Gen. Counsel, Nat. Assoc. of Ins. Agents, Inc., New York City, Bibb Allen, Birmingham, Ala., for petitioners.

Wm. B. Scher, Jr., Washington, D.C., for Nat'l Assoc. of Life Underwriters & Alabama State Assoc. of Life Underwriters, Inc.

Macbeth Wagnon, Jr., Birmingham, Ala., for Southern Bancorporation.

William B. Saxbe, Atty. Gen., U.S. Dept. of Justice, Theodore E. Allison, Sec., Board of Governors of the Fed. Reserve System, Leonard Schaitman, Ronald R. Glancz, Dept. of Justice, Civ. Div., Applt., Sec., Wash., D.C., Edward H. Levi, Atty. Gen. of the U.S. A., Washington, D.C., for respondent.

Horace R. Hansen, St. Paul, Minn., Theodore E. Allison, Secretary, Board of Governors of the Federal Reserve System, Washington, D.C., Leonard Schaitman, Ronald R. Glancz, Dept. of Justice, Washington, D.C., amicus curiae on rehearing for Independent Bankers Assoc. of America.

John V. Austin, Eugene J. Metzger (Committee To Preserve Consumer Options), Lawrence F. Noble, Washington, D.C., for intervenor in Nos. 74-2981, 74-3843.

Herbert E. Marks, Thomas J. Bacas, Thomas E. Wilson, Washington, D.C., Robert R. Richardson, Atlanta, Ga., John F. Neville, Gen. Counsel, National Assoc. of Ins. Agents, Inc., New York City, for petitioners in No. 74-3544.

Leonard Schaitman, Ronald R. Glancz, Dept. of Justice, Civil Div., Appellate Section, Washington, D.C., Theodore E. Allison, Secretary, Bd. of Governors of the Fed. Reserve System, Washington, D.C., Edward H. Levi, Atty. Gen. of Washington, D. C., for respondent in No. 74-3544.

John V. Austin, Washington, D.C., McChesney H. Jeffries, Howard O. Hunter, Atlanta, Ga., for intervenors in No. 74-3544.

Herbert E. Marks, Washington, D.C., Robert R. Richardson, Atlanta, Ga., for petitioners in No. 74-3843.

Theodore E. Allison, Sec., Board of Governors of the Fed. Reserve System, Washington, D.C., William B. Saxbe, Atty. Gen., Washington, D.C., for respondent in No. 74-3843.

Before TUTTLE, THORNBERRY and CLARK, Circuit Judges.


As Amended on Denial of Second Petition for Rehearing and Rehearing En Banc September 1, 1977.

Rehearing and Rehearing En Banc Denied January 10, 1977.

ON SECOND PETITIONS FOR REHEARING AND PETITIONS FOR REHEARING EN BANC

(Opinion June 10, 1976, 533 F.2d 224, 5th Cir.1976)

PER CURIAM:

Petitioners point out that in approving the Board's regulation authorizing holding company sales of property...

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