Center State Bank, Inc. v. State Banking Board

PEDERSON, Justice.

This is an appeal by the Center State Bank, Inc., from an order by the Burleigh County District Court affirming an administrative determination made by the State Banking Board denying a third extension of time to meet conditions imposed by that Board.

On February 28, 1975, the Board conditionally approved an application from Emil E. Kautzmann and others to establish a bank at Center, North Dakota, using the corporate name Center State Bank, Inc. The decision of the Board provided that the organization certificate could be presented to the Secretary of State with an…