Clearfield State Bank v. Brimhall

HENRIOD, Justice:

Appeal from a judgment of the lower court, affirming, on review,1 an order of the Financial Institutions Commissioner, approving the proposed establishment of a “unit” bank in Clearfield, Utah. Affirmed.

The proposed Bank of Northern Utah applied for authority to operate a unit bank2 in Clearfield, Utah. The plaintiff here, Clearfield State Bank, is an operator of an existing bank in Clearfield, and protestant here.

Plaintiff says that 1) the applicant, by indirection and subterfuge, is seeking a branch bank for the Bank of Utah in violation of Title 7-3-6, U.C.A.1953, having…