Bank of Laurel v. Bloom

WILLIAM HAROLD COX, District Judge.

The plaintiff instituted this suit against the defendants for injunctive relief and for a declaratory judgment. The plaintiff, as a bank in Laurel, is interested in establishing a branch bank in the city of Ellisville, which is approximately eight to ten miles away from Laurel. There is presently only one state bank in Ellisville.

On September 30,1973, the Jones County State Bank filed an application with the *496state comptroller for a unit bank at Ellis-ville. On March 31, 1976, the Bank of Laurel filed its application with the state comptroller for a permit to…