Legal Opinion
BANK OF COMMERCE, STILLWELL, OK. v. Banking Board
Supreme Court of Oklahoma
Decided April 22, 1975No. 47162PublishedCited by 3 opinions
1Opinion of the Court
SIMMS, Justice:
An application for authority to organize a bank, to be known as The First State Bank of Adair County, in Stillwell, Oklahoma, was denied by the Banking Board of Oklahoma for the reasons that (1) the public need and advantage will not be promoted by the establishment of the proposed bank, and (2) the conditions in the community in which the bank would transact business do not afford a reasonable promise of successful operation.
The written order promulgated by the Banking Board specified numerous findings of fact in support of conclusions (1) and (2) above stated.
Applicants for…
2Cases cited4 opinions
- Yellow Transit Co. v. StateSupreme Court of Oklahoma · 1947
- Brown v. Banking BoardSupreme Court of Oklahoma · 1973
- Village Bank v. SeikelSupreme Court of Oklahoma · 1972
- Vose v. Banking BoardSupreme Court of Oklahoma · 1971
3Cited by3 opinions
- Bogle v. Banking BoardCourt of Civil Appeals of Oklahoma · 1987
- Citizens Security Bank & Trust v. Banking Board of OklahomaSupreme Court of Oklahoma · 1981
- Hanaway v. StateSupreme Court of New Hampshire · 1976