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CITIZENS NAT. BANK IN GASTONIA v. WACHOVIA BANK & T. CO.

No. C-136-WS-71.

329 F.Supp. 585 (1971)

CITIZENS NATIONAL BANK IN GASTONIA, Plaintiff, and Carolina State Bank, Intervenor, v. WACHOVIA BANK AND TRUST COMPANY, N.A., and William B. Camp, Comptroller of the Currency of the United States, Defendants.

United States District Court, M. D. North Carolina, Winston-Salem Division.

August 4, 1971.

Attorney(s) appearing for the Case

Sanford, Cannon, Adams & McCullough, Raleigh, for plaintiff.

Carl J. Stewart, Jr., Gastonia, N. C., for intervenor.

Jordan, Morris & Hoke, Raleigh, N. C., for defendant, Wachovia Bank and Trust Co., N.A.

L. Patrick Gray, III, Asst. Atty. Gen., Washington, D. C., William L. Osteen, U. S. Atty., Greensboro, N. C., Harland F. Leathers and David Epstein, Attys., Dept. of Justice, Washington, D. C., and John E. Shockey and John V. Austin, Office of the Comptroller of the Currency, Washington, D. C., for defendant, William B. Camp, Comptroller of the Currency of the United States.

MEMORANDUM OPINION

EDWIN M. STANLEY, Chief Judge.

Plaintiff, Citizens National Bank in Gastonia (Citizens Bank), and Intervenor, Carolina State Bank (Carolina State), seek by this action to have declared invalid the approval of William B. Camp, Comptroller of the Currency of the United States (Comptroller), of an application of the defendant, Wachovia Bank and Trust Company, N. A. (Wachovia), of Winston-Salem, North Carolina, for permission to establish...

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