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HOWARD S. & L. ASS'N v. FEDERAL HOME LOAN BANK BD.

No. 80 C 418.

498 F.Supp. 1304 (1980)

HOWARD SAVINGS AND LOAN ASSOCIATION, Plaintiff, v. The FEDERAL HOME LOAN BANK BOARD, and St. Paul Federal Savings and Loan Association, Defendants.

United States District Court, N. D. Illinois, E. D.

October 10, 1980.

Attorney(s) appearing for the Case

William S. Grotefeld, Ruff & Grotefeld, Chicago, Ill., for plaintiff.

Harvey Simon, John E. Gunther, Paul W. Grace, Federal Home Loan Bank Board, Washington, D. C., for defendants.

MEMORANDUM AND ORDER

MORAN, District Judge.

In this case, plaintiff, Howard Savings and Loan Association ("Howard"), seeks declaratory relief to set aside a resolution of defendant, the Federal Home Loan Bank Board ("FHLBB" or "Board"), which approved the application of St. Paul Federal Savings and Loan Association ("St. Paul Federal") to open a branch banking facility at or near the intersection of Howard Street and Western Avenue in Chicago, Illinois....

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