Wilmington Savings Fund Society v. Green

OPINION

WRIGHT, J.

This is an appeal from denial, by the State Bank Commissioner, of the appellant’s application to open a branch bank in Millsboro, Delaware. The parties entered into a stipulation, agreeing that the matter would be tried de novo. The appellee Bank Commissioner has moved to strike the stipulation.1

Pursuant to 5 Del.C. § 933, the State Bank Commissioner is authorized to approve or deny applications for the operation of branch bank offices. Unlike several other sections of the Delaware Banking Law,2 § 933 does not require an administrative hearing prior to the Commissioner’s…