Legal Opinion
Jackson v. Valley National Bank of Eagan Township
Supreme Court of Minnesota
Decided July 28, 1967No. 40161PublishedCited by 16 opinions
1Opinion of the Court
Rogosheske, Justice.
Relators submitted an application to the State Commerce Commission requesting a certificate authorizing the proposed Burnsville State Bank to transact business in the village of Burnsville. Several banks in the area where the proposed bank would be located opposed the issuance of this certificate. After a full hearing extending over a period of 5 days, the application was denied upon a finding that the applicants, as required by Minn. St. 45.07, “failed to establish that there is a reasonable public demand for the proposed bank.”1
*294The sole issue upon this certiorari review…
2Cases cited5 opinions
- State ex rel. Dybdal v. State Securities CommissionSupreme Court of Minnesota · 1920
- State ex rel. Duluth Clearing House Ass'n v. Department of CommerceSupreme Court of Minnesota · 1955
- State ex rel. Saari v. State Securities CommissionSupreme Court of Minnesota · 1921
- In Re Application of BurrillSupreme Court of Minnesota · 1962
- Gustafson v. RICHFIELD BANK AND TRUST COMPANYSupreme Court of Minnesota · 1965
3Cited by16 opinions
- Blue Water Corp., Inc. v. O'TOOLESupreme Court of Minnesota · 1983
- Bryan v. Community State Bank of BloomingtonSupreme Court of Minnesota · 1969
- American State Bank of Williston v. State Banking BoardNorth Dakota Supreme Court · 1980
- First Nat. Bank of Shakopee v. DEPT. OF COMM.Supreme Court of Minnesota · 1976
- Hanaway v. StateSupreme Court of New Hampshire · 1976
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