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LARIMORE v. COMPTROLLER OF CURRENCY

Nos. 84-1971, 84-1972, 84-1973 and 84-1974.

789 F.2d 1244 (1986)

Berniece LARIMORE, Sam M. Taylor, William G. Butcher, and Orville Bottrell, Petitioners, v. COMPTROLLER OF the CURRENCY, Respondent.

United States Court of Appeals, Seventh Circuit.

Decided April 30, 1986.

As Amended May 5, 1986.

Attorney(s) appearing for the Case

Ronald W. Periard, Hershey, Bliss, Beavers, Periard & Romano, Taylorville, Ill., Robert G. Heckenkamp, Heckenkamp & Simhauser, Springfield, Ill., for petitioners.

Ellen Broadman, Washington, D.C., for respondent.

Before CUMMINGS, Chief Judge, BAUER, WOOD, CUDAHY, POSNER, COFFEY, FLAUM, EASTERBROOK, and RIPPLE, Circuit Judges.

COFFEY, Circuit Judge.

In Larimore v. Conover, 775 F.2d 890 (7th Cir.1985), a panel of this court approved an order of the Comptroller of the Currency requiring the directors of the First National Bank of Mt. Auburn, Illinois ("Bank") to reimburse the Bank for losses resulting from the director's approval of loans in excess of the legal lending limit contained in 12 U.S.C. § 84. The Comptroller of the Currency brought...

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