Home National Bank & Trust Co. v. Banking Commission

This is an appeal by five banking institutions located in the town of Meriden, hereinafter called the plaintiffs, from the issuance on December 1, 1965, by the defendant banking commission, of a temporary certificate of authority for the operation of the proposed Laurel Bank and Trust Company, hereinafter called Laurel bank, pursuant to § 36-53 (8) of the General Statutes. The nineteen organizers of the Laurel bank moved to be made party defendants in this action, and this motion was granted.

The organizers filed the articles of incorporation of the Laurel bank with the bank commissioner on or…