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BENTON CTY. S. & L. v. FEDERAL HOME LOAN BANK BD.

Civ. No. 77-5009.

450 F.Supp. 884 (1978)

BENTON COUNTY SAVINGS & LOAN ASSOCIATION et al., Plaintiffs, v. FEDERAL HOME LOAN BANK BOARD et al., Defendants.

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

April 5, 1978.

Attorney(s) appearing for the Case

Herman Ivester, Friday, Eldredge & Clark, Little Rock, Ark., for plaintiffs.

John Gunther, Federal Home Loan Bank Board, Washington, D. C., for defendant, Federal Home Loan Bank Board.

Roy Danuser, Mountain Home, Ark., Brad Jesson, Hardin, Jesson & Dawson, J. H. Evans, Warner & Smith, Fort Smith, Ark., for defendant, First Federal Savings & Loan of Harrison.

MEMORANDUM OPINION

PAUL X WILLIAMS, Chief Judge.

This is an action to review a resolution of the Federal Home Loan Bank Board permitting the defendant, First Federal Savings & Loan Association of Harrison (Harrison) to establish a branch facility in Bentonville, Arkansas. This Court has jurisdiction pursuant to 28 U.S.C. § 1331(a) and 12 U.S.C. § 1464(d)(1).

The action was originally filed February 24, 1977, by six existing and established...

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