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AMERICAN EXCH. BANK v. OKLAHOMA EMPLOYMENT SECURITY COMM'N

No. 40288.

387 P.2d 641 (1963)

In the Matter of the Protest of American Exchange Bank, Collinsville, Oklahoma. AMERICAN EXCHANGE BANK, Collinsville, Oklahoma, Plaintiff in Error, v. OKLAHOMA EMPLOYMENT SECURITY COMMISSION, Defendant in Error.

Supreme Court of Oklahoma.

December 10, 1963.

Attorney(s) appearing for the Case

Robert W. Raynolds, Tulsa, for plaintiff in error.

Milton R. Elliott, Oklahoma City, for defendant in error.

JOHNSON, Justice.

The parties will be referred to as they appeared below. The Oklahoma Employment Security Commission, defendant in error, will be called the Commission, and the American Exchange Bank, plaintiff in error, will be referred to as the Bank. The Oklahoma Employment Security Commission Act, 40 O.S. 1961 § 211 et seq., will be referred to as the Act.

In 1953 and 1954 the Act provided that one who employed...

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