Legal Opinion
United States v. Chelsea Savings Bank
District Court, D. Connecticut
Decided June 12, 1969No. Civ. 12733PublishedCited by 2 opinions
1Opinion of the Court
RULING ON DEFENDANTS’ MOTION TO DISMISS
ZAMPANO, District Judge.
The issue presented by the defendants’ motion to dismiss is whether § 7 of the Clayton Act, 15 U.S.C. § 18, is applicable to non-stock mutual savings banks.
On December 18, 1967, the Chelsea Savings Bank and the Dime Savings Bank of Norwich, both mutual savings banks chartered under the laws of Connecticut, entered into an agreement of consolidation. Conn.Gen.Stats. § 36-140. The Banking Commission of Connecticut and the Federal Deposit Insurance Corporation approved the proposed consolidation. Conn.Gen.Stats. § 36-140(5); 12…
2Cases cited5 opinions
- Brown Shoe Co. v. United StatesSupreme Court of the United States · 1962
- United States v. Philadelphia National BankSupreme Court of the United States · 1963
- Lippitt v. AshleySupreme Court of Connecticut · 1915
- Arrow-Hart & Hegeman Electric Co. v. Federal Trade CommissionSupreme Court of the United States · 1934
- Bank Commissioners v. Watertown Savings BankSupreme Court of Connecticut · 1908
3Cited by2 opinions
- Chico Ramos v. Editorial Ponce, Inc.Supreme Court of Puerto Rico · 1973
- United States v. Rockford Memorial Corp.District Court, N.D. Illinois · 1989