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LARIMORE v. CONOVER

Nos. 84-1971 to 84-1974.

775 F.2d 890 (1985)

Berniece LARIMORE, Sam M. Taylor, William G. Butcher, and Orville Bottrell, Petitioners, v. C.T. CONOVER, Comptroller of the Currency, Respondent.

United States Court of Appeals, Seventh Circuit.

Decided November 1, 1985.

Attorney(s) appearing for the Case

Robert G. Heckenkamp, Heckenkamp & Simhauser, P.C., Springfield, Ill., Richard G. Hershey, Hershey, Bliss, Beavers, Periard & Romano, Taylorville, Ill., for petitioners.

Ellen Broadman, Office of the Comptroller of Currency, Washington, D.C., for respondent.

Before BAUER, Circuit Judge, COFFEY, Circuit Judge, and BROWN, Senior District Judge.

WESLEY E. BROWN, Senior District Judge.

Petitioners, past and present directors of the First National Bank of Mt. Auburn, Illinois, petition for review of a Decision and Cease and Desist Order issued by the Comptroller of Currency on May 11, 1984, pursuant to the provisions of 12 U.S.C. Sec. 1818(b)(1). The Comptroller's Order followed a 1982 audit of the bank which disclosed that the board of directors had, in six instances, violated the provision of 12 U.S.C. Sec...

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