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BANK STATIONERS ASS'N v. BD. OF GOV., FED. RES. SYS.

No. 82-8058.

704 F.2d 1233 (1983)

BANK STATIONERS ASSOCIATION, INC., et al., Plaintiffs-Appellants, v. BOARD OF GOVERNORS OF the FEDERAL RESERVE SYSTEM, Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

May 12, 1983.

Attorney(s) appearing for the Case

King & Spalding, Griffin B. Bell, James M. Sibley, James D. Miller, James A. Pardo, Jr., Richard A. Schneider, Atlanta, Ga., for plaintiffs-appellants.

Board of Governors of the Federal Reserve System, James V. Mattingly, Jr., Richard M. Ashton, Washington, D.C., for defendants-appellees.

Before GODBOLD, Chief Judge, KRAVITCH, Circuit Judge, and MORGAN, Senior Circuit Judge.

GODBOLD, Chief Judge:

I.

Automated clearinghouse (ACH) services transfer money between banks and other institutions by computer, thus eliminating the need for paper checks. Bank Stationers Association,1 printers of personalized checks, brought suit under the Administrative Procedure Act, 5 U.S.C. § 701 et seq., to enjoin the Federal Reserve Board from charging fees for ACH...

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