State ex rel. Duluth Clearing House Ass'n v. Department of Commerce

Knutson, Justice.

Certiorari to review a decision of the Department of Commerce of the State of Minnesota granting to Industrial Credit Plan, Inc., a certificate of authority to transact business as an industrial loan *530and thrift company in the city of Duluth under the provisions of M. S. A. c. 53.

There seems to be no dispute as to the following facts: The territory within which applicant proposes to operate is composed of the Duluth, Minnesota, area and the immediate suburbs. There is only one other industrial loan and thrift company serving this entire area and population. The approximate…