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INDUSTRIAL BANK OF ST. LOUIS v. FEDERAL DEPOSIT INS. CORP.

No. 5518.

93 F.Supp. 916 (1950)

INDUSTRIAL BANK OF ST. LOUIS v. FEDERAL DEPOSIT INS. CORP.

United States District Court E. D. Missouri, E. D.

November 3, 1950.

Attorney(s) appearing for the Case

Frank A. Thompson, Edmonstone F. Thompson, Edgar H. McCullogh and James P. Brown, of the firm of Thompson, Mitchell, Thompson & Young, St. Louis, Mo., for plaintiff.

Jacob M. Lashly and Arthur V. Lashly, of the firm of Lashly, Lashly, Miller & Clifford, St. Louis, Mo., Norris C. Bakke, Godwin Oppegard and John L. Cencil, Washington, D. C., for defendant.

HARPER, Judge.

The plaintiff, a banking corporation, brought this declaratory judgment, seeking a construction of Title 12 U.S.C.A. § 264, as amended, being the Federal Deposit Insurance Corporation Act, hereinafter refererd to as the Act. The complaint is in two counts. In the first count construction of the Act was sought to determine whether the plaintiff should be required to pay an assessment for the insurance of its deposits for the period from July 1,...

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