Legal Opinion

State ex rel. Banking Commission v. Lexington State Bank

Court of Appeals of North Carolina

Decided August 18, 1971No. 7110SC113PublishedCited by 2 opinions

1Opinion of the Court

HEDRICK, Judge.

By its three assignments of error, the appellant contends the superior court erred in affirming the findings of fact and order of the Banking Commission and in finding and concluding that the decision of the Banking Commission, approving the two applications of Branch Banking and Trust Company to *234establish two branches in Lexington, North Carolina, is supported by competent, material and substantial evidence upon the entire record, and by not finding and concluding that the decision of the Commission was arbitrary and capricious.

G.S. 53-62, in pertinent part, provides:

“Such…

2Cases cited2 opinions

  1. Campbell v. North Carolina State Board of Alcoholic ControlSupreme Court of North Carolina · 1964
  2. State Ex Rel. Banking Commission v. Bank of Rocky MountCourt of Appeals of North Carolina · 1971

3Cited by2 opinions

  1. Security Bank & Trust Co. v. HeimannDistrict Court, M.D. North Carolina · 1978
  2. State v. Cabarrus Bank & Trust Co.Court of Appeals of North Carolina · 1972

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