Young v. Roberts

While it appears plainly that plaintiffs and W. W. Jones, former Commissioner of Banks, contemplated that the proposed banking corporation would obtain insurance of its deposits with the Federal Deposit Insurance Corporation before it commenced business, nothing’in Jones’ report of June 4, 1955, .or in the Commission’s resolution of July 20, 1955, states that the approvals then given were otherwise than unconditional. Hence, without reviewing the evidence, the assignments of error directed to the court’s findings of fact to the effect that such approvals were unconditional are overruled.

The…