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FIRST FED. S. & L. ASS'N, ETC. v. FED. HOME LOAN BANK BD.

Civ. No. F-76-54-C.

426 F.Supp. 454 (1977)

FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FAYETTEVILLE et al., Plaintiffs, v. FEDERAL HOME LOAN BANK BOARD et al., Defendants.

United States District Court, W. D. Arkansas, Fayetteville Division.

Supplemental Opinion February 25, 1977.

Attorney(s) appearing for the Case

James B. Blair, Crouch, Blair, Cypert & Waters, Springdale, Ark., for plaintiffs.

Bradley D. Jesson, of Hardin, Jesson & Dawson, Fort Smith, Ark., for Superior Federal Sav. and Loan Ass'n.

Harold B. Shore, John E. Gunther, Washington, D.C., for Federal Home Loan Bank Bd., Garth Marston and Grady Perry.

Hermann Ivester, Smith, Williams, Friday, Eldredge & Clark, Little Rock, Ark., for Fayetteville Sav. and Loan Assn.

MEMORANDUM OPINION

PAUL X WILLIAMS, Chief Judge.

This is an action to review a resolution of the Federal Home Loan Bank Board permitting Superior Federal Savings and Loan Association of Fort Smith, Arkansas, to establish a branch facility in Fayetteville. This Court has jurisdiction pursuant to 28 U.S.C. § 1331(a), 12 U.S.C. § 1464(d)(1) and 5 U.S.C. §§ 701 et seq.

The defendants are the Federal Home Loan Bank Board, two individual...

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