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LIVESTOCK STATE BANK v. STATE BANKING COMMISSION

No. 10133.

127 N.W.2d 139 (1964)

LIVESTOCK STATE BANK, Artesian, South Dakota, Plaintiff and Appellant, v. STATE BANKING COMMISSION of the State of South Dakota and L. A. Pier, Walter K. Johnson, Walter Willy, and Oscar Brosz, Constituting the Members Thereof, Defendants and Respondents.

Supreme Court of South Dakota.

Rehearing Denied May 4, 1964.

Attorney(s) appearing for the Case

Paul O. Kretschmar, Eureka, for plaintiff and appellant.

M. T. Woods, Sioux Falls, amicus curiae.

Frank L. Farrar, Atty. Gen., Fred Hendrickson, Sp. Asst. Atty. Gen., Pierre, for defendants and respondents.

Roswell Bottum, Rapid City, amicus curiae.

HALL, Circuit Judge.

On October 26, 1963, plaintiff, a banking corporation organized and chartered under the laws of this state and having its principal place of business at Artesian, South Dakota, filed an application with the Superintendent of Banks of the State of South Dakota under the provisions of SDC 1960 Supp. 6.0402 to establish a branch bank at Java, South Dakota. Said application was denied by the South Dakota...

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