Southwest Bank v. Peoples Bank, Inc.

By order entered May 14, 1975, the State Corporation Commission authorized Peoples Bank, Inc., formerly The Peoples Bank of Honaker, Inc., applicant, to establish a branch office at Banners Corner, Castlewood, in Russell County. The Southwest Bank of Virginia, intervener, in its appeal of right, challenges the validity of the order on the ground that the application was approved in the absence of *789a quorum,1 in that only one member of the Commission heard all the evidence and no transcript of the evidence was prepared prior to entry of the order.

An evidentiary hearing on the application was…