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DELTA LOAN & FINANCE CO. OF TENN., INC. v. LONG

336 S.W.2d 5 (1960)

DELTA LOAN & FINANCE CO. OF TENN., INC. v. John R. LONG, Jr., Com'r.

Supreme Court of Tennessee.

Petition to Rehear Denied April 6, 1960.

Second Petition to Rehear denied May 4, 1960.

Attorney(s) appearing for the Case

Jack Wilson and James M. Glasgow, Assistant Attorneys General, for petitioner.

Thomas J. Griffin and James A. Crislip, Memphis, for respondent.

Second Petition to Rehear denied May 4, 1960. See 337 S.W.2d 606.

FELTS, Justice.

The Delta Loan & Finance Company of Tennessee, Inc., located in Memphis, is a loan and thrift company, operating under our statutes regulating the conduct of such companies (T.C.A. secs. 45-2001 — 45-2015).

On October 7, 1959, John R. Long, Jr., Commissioner of the Department of Insurance and Banking, State of Tennessee,...

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