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UNITED STATES v. INVESTORS DIVERSIFIED SERVICES

Civ. No. 3713.

102 F.Supp. 645 (1951)

UNITED STATES v. INVESTORS DIVERSIFIED SERVICES, Inc. et al.

United States District Court D. Minnesota, Fourth Division.

December 18, 1951.

Attorney(s) appearing for the Case

G. A. Youngquist and C. E. Phillips, Minneapolis, Minn. (Fowler, Youngquist, Furber, Taney & Johnson and John R. Goetz, Minneapolis, Minn., of counsel), for defendants in support of said motion.

Willis L. Hotchkiss, Ralph M. McCareins and Charles W. Houchins, of the Anti-trust Division, Dept. of Justice, Chicago, Ill., for plaintiff in opposition thereto.

NORDBYE, Chief Judge.

Plaintiff's complaint charges that defendants are engaged in the business of making loans secured by mortgages on real estate, and that as a condition for obtaining the loans the mortgagor must agree that only defendants shall write, place, or sell to the mortgagor the hazard insurance which the mortgage requires the mortgagor to carry upon the mortgaged property. Plaintiff contends that the effect...

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