Lewis ex rel. Estate of Lewis v. Clark ex rel. Currency of the United States

Lewis State Bank, founded in 1856, was Florida’s oldest bank in continuous operation. First Florida Banks, Inc., a registered bank holding company, owned 99.34% of Lewis State’s stock. The plaintiffs owned 384 shares, which amounted to nine one-hundredths of one percent. The Comptroller of the Currency of the United *1560States approved a merger of Lewis State Bank into the closely held First Florida Bank, N.A. Under the terms of the merger, Lewis State Bank’s minority shareholders were to receive cash for their shares, while the majority would receive stock in the merged bank.

In this suit to…