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GRANITE FALLS STATE BANK v. SCHNEIDER

Civ. A. No. 8185.

319 F.Supp. 1346 (1970)

GRANITE FALLS STATE BANK, a Washington Banking Corporation, Plaintiff, v. William E. SCHNEIDER, Director of the Department of General Administration of the State of Washington, Frank Cooper, Supervisor of Banking of the State of Washington, and all other Boards, Officials and other bodies or persons authorized or delegated by the State of Washington to enforce its banking laws, Defendants.

United States District Court, W. D. Washington, Seattle Division.

November 4, 1970.

Attorney(s) appearing for the Case

Robert C. Bibb, Bibb & Bailey, Arlington, Wash., for plaintiff.

Slade Gorton, Atty. Gen., Arthur W. Verharen, Asst. Atty. Gen., Olympia, Wash., for defendants.

Before KOELSCH, Circuit Judge, and LINDBERG and BEEKS, District Judges.

PER CURIAM.

Plaintiff, a state bank incorporated under the laws of the State of Washington, seeks to have declared unconstitutional a Washington State statute requiring banks that are not members of the Federal Reserve System to maintain certain minimum banking reserves. Further relief is sought in the form of a permanent injunction restraining the responsible state officials, defendants herein, from enforcing said statute against plaintiff.

The statutory...

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