CITICORP, Petitioner,
v.
BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Argued November 1, 1978.
Decided January 2, 1979.
Attorney(s) appearing for the Case
John E. Hoffman, Jr., New York City (Shearman & Sterling, New York City, John J. Roche, Andrew S. O'Connor, New York City, of counsel), for petitioner.
Freddi Lipstein, Atty., Appellate Section, Civ. Div., Dept. of Justice, Washington, D. C. (Barbara Allen Babcock, Asst. Atty. Gen., Ronald R. Glancz, Atty., Appellate Section, Civ. Div., Dept. of Justice, Washington, D. C., Neal L. Petersen, Gen. Counsel, J. Virgil Mattingly, Atty., Board of Governors of the Federal Reserve System, Washington, D. C., of counsel), for respondent.
Before FEINBERG, TIMBERS and MOORE, Circuit Judges.
United States Court of Appeals, Second Circuit.
FEINBERG, Circuit Judge:
Citicorp, a bank holding company under the Bank Holding Company Act of 1956, as amended, 12 U.S.C. §§ 1841-1850, petitions for review of an order of the Board of Governors of the Federal Reserve System, denying Citicorp's application to retain ownership of Advance Mortgage Corporation.1 Citicorp contends that under a specific provision in the Act, the application...
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