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UNITED STATES v. FIRST NATIONAL CITY BANK OF NEW YORK

235 F.Supp. 894 (1964)

UNITED STATES of America, Plaintiff, v. FIRST NATIONAL CITY BANK OF NEW YORK, Defendant.

United States District Court S. D. New York.

November 5, 1964.

Attorney(s) appearing for the Case

Robert M. Morgenthau, U. S. Atty., for Southern District of New York, Arthur M. Handler, Stephen Charnas, New York City, of counsel, for plaintiff.

Shearman & Sterling, New York City, John E. Hoffman, Jr., New York City, of counsel, for defendant.

BONSAL, District Judge.

Plaintiff, the United States of America (government) and defendant, First National City Bank of New York (bank) both move for summary judgment in this action commenced by the government under 28 U.S.C. § 1345, pursuant to Title I of the National Housing Act, 12 U.S.C. §§ 1702-1703 and regulations promulgated thereunder, 24 C.F.R. § 200.1 et seq. (1962).

The facts have been stipulated in the Pre-trial Order and additional...

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