Board of Governors of the Federal Reserve System v. Transamerica Corporation and Bank of America, National Trust and Savings Association, (Two Cases)

The respondents, Transamerica Corporation and Bank of America, National Trust and Savings Association, and their respective presidents, Sam H. Husbands and L. M. Giannini, having, on July 13, 1950, 9 Cir., 184 F.2d 319 been adjudged in civil contempt of this court, and they having been ordered to purge themselves thereof within thirty days by taking certain affirmative steps specified in the order; and affidavits on their behalf having now been filed and submitted indicating full compliance with the court’s requirements; and an affidavit having been submitted by J. Leonard Townsend, counsel…