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NAT. RETAILER CORP. OF ARIZ. v. VALLEY NAT. BANK

Civ. No. 71-410-PHX-WEC.

411 F.Supp. 308 (1976)

NATIONAL RETAILERS CORPORATION OF ARIZONA, an Arizona Corporation, Plaintiff, v. VALLEY NATIONAL BANK, a National Banking Association; and James E. Smith, Comptroller of Currency, Defendants.

United States District Court, D. Arizona.

February 2, 1976.

Attorney(s) appearing for the Case

Jeremy E. Butler, Lewis & Roca, Phoenix, Ariz., for plaintiff NRCA.

Charles E. James, Jr., Gust, Rosenfeld, Divelbess & Henderson, Phoenix, Ariz., for defendant Valley Bank of Arizona.

James V. Elliott, Washington, D. C., for defendant James E. Smith, Comptroller of Currency.

MEMORANDUM OF DECISION

BOLDT, Senior District Judge, Sitting by Designation.

I. STATEMENT OF THE CASE

This is an action for a declaratory judgment and injunctive relief against the defendant, James E. Smith, Comptroller of Currency (hereafter Comptroller). Plaintiff seeks a declaratory judgment that a ruling, 12 C.F.R. § 7.3500, Use of data processing equipment and furnishing of data processing services, issued by the Comptroller is...

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