Legal Opinion

St. Louis Union Trust Co. v. Pemberton

Missouri Court of Appeals

Decided April 2, 1973No. KCD 26242PublishedCited by 3 opinions

1Opinion of the Court

PRITCHARD, Judge.

Appellant sought from the Commissioner of Finance and by declaratory judgment *410action in the circuit court the authority to establish an office in Clayton, Missouri, to be used in connection with its claimed exclusive trust business in downtown St. Louis, Missouri. Both the Commissioner and the circuit court denied the requested authority upon the basic proposition that it contravened the prohibition of Sec. 362.-105, subd. 1(1), RSMo 1969, V.A.M.S.: “ * * * provided, however, that no bank or trust company shall maintain in this state a branch bank or trust company, or receive…

2Cases cited14 opinions

  1. Mercantile Bank v. New YorkSupreme Court of the United States · 1887
  2. State v. ReidSupreme Court of Missouri · 1894
  3. State Ex Rel. Barrett v. First National BankSupreme Court of Missouri · 1923
  4. Pan-American Bank & Trust Co. v. National City Bank of New YorkCourt of Appeals for the Second Circuit · 1925
  5. State ex informatione Crow v. Lincoln Trust Co.Supreme Court of Missouri · 1898

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3Cited by3 opinions

  1. St. Louis County National Bank v. Mercantile Trust Company National Association and James E. Smith, Comptroller of the Currency of the United StatesCourt of Appeals for the Eighth Circuit · 1976
  2. St. Louis County National Bank v. Mercantile Trust Company National Association and James E. Smith, Comptroller of the Currency of the United StatesCourt of Appeals for the Eighth Circuit · 1976
  3. St. Louis Cty. Nat. Bank v. Mercantile Trust, Etc.District Court, E.D. Missouri · 1976

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