Legal Opinion
The Commercial National Bank of Little Rock v. The Board of Governors of the Federal Reserve System
Court of Appeals for the Eighth Circuit
Decided November 12, 1971No. 20607PublishedCited by 21 opinions
1Opinion of the Court
HEANEY, Circuit Judge.
This ease presents two principal questions: (1) did the Federal Reserve Board err in determining that the formation of a multi-bank holding company in Arkansas was lawful despite that state’s prohibition against branch banking; 1 and (2) did the Board violate the constitutional rights of the fifty-six banks opposed to the formation of the holding company (the protestants) by refusing them a trial-type hearing.
The First Arkansas Bankstock Corporation (FABCO), a one-bank holding company, owned ninety-nine percent of the voting shares of the Worthen Bank and Trust Company…
2Cases cited9 opinions
- Goldberg v. KellySupreme Court of the United States · 1970
- Whitney National Bank in Jefferson Parish v. Bank of New Orleans & Trust Co.Supreme Court of the United States · 1965
- Bridgeport Federal Savings and Loan Association v. Federal Home Loan Bank Board and Quaker City Federal Savings and Loan AssociationCourt of Appeals for the Third Circuit · 1962
- Whitney National Bank v. Bank of New Orleans & Trust Co.Court of Appeals for the D.C. Circuit · 1963
- Sterling National Bank of Davie v. William B. Camp, Comptroller of the Currency, (2cases)Court of Appeals for the Fifth Circuit · 1970
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Security National Bank & Trust Co. v. First W. Va. Bancorp., Inc.West Virginia Supreme Court · 1981
- Patagonia Corporation v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the Ninth Circuit · 1975
- Alabama Ass'n of Insurance Agents v. Board of Governors of Federal Reserve SystemCourt of Appeals for the Fifth Circuit · 1976
- Alabama Association of Insurance Agents v. Board of Governors of the Federal Reserve System, Georgia Association of Independent Insurance Agents v. Board of Governors of the Federal Reserve System, National Association of Insurance Agents, Inc. v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the Fifth Circuit · 1976
- Central Bank of Clayton v. State Banking Board of MissouriMissouri Court of Appeals · 1974
16 more not listed; retrieve them via the Exa API.