Department of Banking & Securities of Kentucky v. Coleman

HOWERTON, Judge.

The commissioner of banking and securities denied the application of Coleman and others for a new bank charter. He also denied the application of the Edmonton State Bank for a permit to establish a branch. Both applications came from Met-calfe County. The Franklin Circuit Court reversed the commissioner’s ruling as to the new bank, and directed that a charter be issued. The trial judge affirmed the decision to deny the branch. We now have an appeal from both decisions which have been consolidated into one action.

The Edmonton State Bank filed its application for a branch in…