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UNITED STATES v. CHICAGO MORTGAGE BANKERS ASS'N

June 30, 1954

UNITED STATES
v.
CHICAGO MORTGAGE BANKERS ASS'N ET AL.



The opinion of the court was delivered by: Knoch, District Judge.

This cause came on for trial commencing on January 19, 1954, and concluding on January 26, 1954, before the undersigned, a Judge of the above named Court, without a jury.

Plaintiff relied entirely on documentary evidence and called no witnesses. Ten witnesses testified on behalf of the defendants, who offered certain documentary evidence as well.

After hearing the evidence adduced by the parties, now pursuant to Rule 52(a) of the Rules of Civil Procedure, 28 U.S.C.A., the Court makes the following findings of fact and conclusions of law:

Findings of Fact

1. This action was instituted by the United States by the filing of a Complaint on December 9, 1948 under Section 4 of the Act of Congress of July 2, 1890, c. 647, 26 Stat. 209, entitled "An Act to protect trade and commerce against unlawful restraints and monopolies", commonly known as the Sherman Act, 15 U.S.C. § 4, 15 U.S.C.A. § 4, alleging violations by the defendants of Section 1 of the Sherman Act, 15 U.S.C. § 1, 15 U.S.C.A. § 1.

2. Defendant Chicago Mortgage Bankers Association, hereinafter at times referred to as defendant Association, was incorporated under the laws of Illinois on December 8, 1920, and ever since has been an Illinois corporation having its principal office and place of business in Chicago, Illinois.

3. Defendants, other than defendant Association, are hereinafter referred to as defendant members. All of defendant members are corporations.

The name, place of incorporation, and principal place of business of the defendant members are as follows:

                                           Incorporated
                                             under              Principal
  Defendant                                  Laws of:        Place of Business
  Beesley Realty & Mortgage Company,          Illinois        Chicago, Illinois
  Inc.
Bell Savings and Loan Association           Illinois        Chicago, Illinois
  Charles H. Brandt and Company,              Illinois        Chicago, Illinois
  Inc.
Robert E.L. Brooks, Incorporated            Illinois        Chicago, Illinois
  Central National Bank in Chicago            United          Chicago, Illinois
                                               States
Chicago City Bank and Trust Company         Illinois        Chicago, Illinois
  Chicago Federal Savings and Loan            United          Chicago, Illinois
  Association                                  States
Chicago Mortgage Investment Company         Illinois        Chicago, Illinois
Dovenmuehle, Inc.                           Illinois        Chicago, Illinois
Draper and Kramer, Incorporated             Illinois        Chicago, Illinois
  First Federal Savings and Loan Association  United          Chicago, Illinois
  of Chicago                                   States
  First National Bank and Trust Company       United          Evanston, Illinois
  of Evanston              ...

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