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FIRST THRIFT AND LOAN ASSOCIATION v. STATE

No. 6091.

304 P.2d 582 (1956)

62 N.M. 61

FIRST THRIFT and LOAN ASSOCIATION, a corporation, Plaintiff-in-Error, v. STATE OF New Mexico, on the relation of Richard H. Robinson, Attorney General for the State of New Mexico, Defendant-in-Error.

Supreme Court of New Mexico.

Rehearing Denied December 28, 1956.

Attorney(s) appearing for the Case

Wilson & Whitehouse, Albuquerque, Harry L. Bigbee, Santa Fe, for plaintiff in error.

Richard H. Robinson, Atty. Gen., Fred M. Standley, Asst. Atty. Gen., John D. Murphy, William A. Sloan, Sp. Assts. Atty. Gen., for defendant in error.

SADLER, Justice.

The defendant below, appearing in this Court as a plaintiff in error, seeks review of a judgment of the district court of Bernalillo County in a proceeding by quo warranto ousting, enjoining and restraining it from exercising its purported corporate powers to transact a banking business within the state of New Mexico and to desist from soliciting, receiving or accepting deposits of money, or lending money...

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