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UNITED STATES v. CENTRAL STATE BANK

No. G82-72 CA.

621 F.Supp. 1276 (1985)

UNITED STATES of America, Plaintiff, v. CENTRAL STATE BANK; State Savings Bank; and Harry C. Calcutt, Defendants.

United States District Court, W.D. Michigan, S.D.

August 15, 1985.

Attorney(s) appearing for the Case

Robert E. Hauberg, Rebecca P. Dick, Julia L. Akins, John Dorsey, Andrew C. Gilbert, Dept. of Justice, Antitrust Div., Special Regulated Industries Section, Washington, D.C., for plaintiff.

Thomas J. McNamara, Jeffrey O. Birkhold, Warner, Norcross & Judd, Grand Rapids, Mich., Jack E. Boynton, Murchie, Calcutt & Sondee, Traverse City, Mich., for defendants.

OPINION

BENJAMIN F. GIBSON, District Judge.

This action was filed by the Government alleging that the joint control of Central State Bank and State Savings Bank by Mr. Harry C. Calcutt violates section 1 of the Sherman Act, 15 U.S.C. § 1.1 The two banks have long competed for business in Benzie County, a small, rural community in northern Michigan. Of the 371 commercial banks in Michigan in 1984, State Savings ranked 319th...

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