First National Bank v. Arkansas State Bank Commissioner

781 S.W.2d 744 (1989)

301 Ark. 1

FIRST NATIONAL BANK OF IZARD COUNTY, Appellant,

v.

ARKANSAS STATE BANK COMMISSIONER and the Bank of North Arkansas, Appellee,

No. 89-133.

Supreme Court of Arkansas.

December 18, 1989.

Hermann Ivester, Valerie F. Boyce, Little Rock, for appellant.

John C. Gregg, Batesville, Wm. R. Wilson, Jr., Gary D. Corum, Little Rock, for appellee.

HOLT, Chief Justice.

On September 27, 1988, the appellee, The Bank of North Arkansas (BNA), which has its principal bank located in Melbourne, Arkansas, filed an application with the appellee, Arkansas State Bank Commissioner (Commissioner),…