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PEOPLE, ETC., v. GLENDALE FED. S. AND L. ASS'N

No. 78-2296-WMB.

475 F.Supp. 728 (1979)

The PEOPLE OF the STATE OF CALIFORNIA By and Through the ATTORNEY GENERAL and the Secretary of the Business and Transportation Agency of the State of California, Plaintiff, v. GLENDALE FEDERAL SAVINGS AND LOAN ASSOCIATION et al., Defendants, Federal Home Loan Bank Board, Intervenor.

United States District Court, C. D. California.

June 20, 1979.

Attorney(s) appearing for the Case

Evelle J. Younger, Atty. Gen., Joseph M. O'Heron, W. Gary Kurtz, Deputy Attys. Gen., Los Angeles, Cal., for plaintiff.

McKenna & Fitting, G. Howden Fraser, Terry O. Kelly, Los Angeles, Cal., for defendants.

ORDER

WM. MATTHEW BYRNE, Jr., District Judge.

Plaintiffs, the People of the State of California ("the People"), acting through certain state officials, seek declaratory and injunctive relief prohibiting Glendale Federal Savings and Loan Association ("Glendale Federal") and Verdugo Service Corporation from exercising purported rights under provisions in their lending instruments commonly referred to as "due-on...

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