*1081 William Age. Trautman, Chickering & Gregory, San francisco, Cal., Daniel Goldberg, George L. Christopher, Washington, D. C., to own defendants.
This action was introduced by Main Bank, a commercial banking establishment, which is trying to (1) a declaratory view the defendant Government Mortgage Bank of San francisco bay area (FHLB) try instead of authority under the Federal Mortgage Lender Work, a dozen You.S.C. § 1421 mais aussi seq., to engage in the company of money buy financial, and (2) a long-term injunction to FHLB barring they off getting into such as for instance providers. Accused FHLB keeps moved getting dismissal into the factor out of shortage of subject matter jurisdiction and incapacity to state a claim, otherwise, instead, to own conclusion view. Plaintiff Central Lender aims a partial summation wisdom towards the point from FHLB’s power to take part in currency buy banking, and also the dilemma of whether an alternate price ranging from FHLB and you can United Ca Lender (UCB) placed FHLB regarding money order financial business. 続きを読む →