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COUNTY NAT. BANCORPORATION v. BOARD OF GOVERNORS

No. 79-1783.

654 F.2d 1253 (1981)

COUNTY NATIONAL BANCORPORATION and TGB Co., Petitioners, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Respondent.

United States Court of Appeals, Eighth Circuit.

Decided July 31, 1981.

Attorney(s) appearing for the Case

John P. Hawke, Jr., Arnold & Porter, Washington, D. C., for petitioners.

James V. Mattingly, Jr., Asst. Gen. Counsel, Board of Governors of the Federal Reserve System, Washington, D. C., for respondent.

Before LAY, Chief Judge, and HEANEY, BRIGHT, ROSS, STEPHENSON, HENLEY, McMILLIAN and ARNOLD, Circuit Judges, en banc.

HENLEY, Circuit Judge.

County National Bancorporation (County National) and its nonoperating subsidiary, TGB Co., seek review of an order of the Board of Governors of the Federal Reserve System (Board) denying their applications to acquire control of T. G. Bancshares Co. (TG) under the Bank Holding Company Act of 1956 (BHCA), as amended, 12 U.S.C. § 1841 et seq.1

In its opinion filed September 3, 1980, and later withdrawn...

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