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UNITED STATES v. PROVIDENT NATIONAL BANK

Civ. A. No. 40032.

280 F.Supp. 1 (1968)

UNITED STATES of America, Plaintiff, v. PROVIDENT NATIONAL BANK and Central-Penn National Bank of Philadelphia, Defendants, and William B. Camp, Comptroller of the Currency, Intervenor.

United States District Court E. D. Pennsylvania.

February 12, 1968.

Attorney(s) appearing for the Case

John W. Neville, Julius J. Hollis, Arthur I. Cantor, John W. Clark, Dept. of Justice, Washington, D. C., Donald G. Balthis, Dept. of Justice, Drew J. T. O'Keefe, U. S. Atty., Philadelphia, Pa., for plaintiff.

Frederic L. Ballard, Charles I. Thompson, Jr., Tyson W. Coughlin, Matthew M. Strickler, Richard C. Bull, Philadelphia, Pa., for defendants; Ballard, Spahr, Andrews & Ingersoll, White & Williams, Philadelphia, Pa., of counsel.

Philip L. Roache, Jr., Joseph J. O'Malley, Charles H. McEnerney, Eugene J. Metzger, Gilbert L. Amyot, Office of The Comptroller of the Currency, Washington, D. C., for intervenor.

OPINION

CLARY, Chief Judge.

This case involves a proposed merger between the Provident National Bank and the Central-Penn National Bank, both of the City of Philadelphia, Commonwealth of Pennsylvania. It is being challenged by the Department of Justice as being in violation of the antitrust laws of the United States. The case was tried to the Court without a jury. In making a decision in this case, the Court is faced with the dilemma so ably stated by that...

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