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NUESSE v. HOME LOAN CO.

23 Wis.2d 473 (1964)

NUESSE, Commissioner of Banks, Appellant, v. HOME LOAN COMPANY, INC., Respondent.

Supreme Court of Wisconsin.

April 28, 1964.

Attorney(s) appearing for the Case

For the appellant the cause was argued by E. Weston Wood, assistant attorney general, with whom on the briefs was George Thompson, attorney general.

For the respondent there was a brief by Rieser, Stafford, Rosenbaum & Rieser of Madison, and oral argument by William Rosenbaum.

A brief amicus curiae was filed by Foley, Sammond & Lardner, attorneys, and Herbert P. Wiedemann and Maurice J. McSweeney of counsel, all of Milwaukee, for the Beneficial Finance Company of Wisconsin.

FAIRCHILD, J.

Sec. 214.03, Stats., provides that the state banking department shall issue a small-loan license to the applicant if it shall find:

"(1) That the applicant has filed the required application and bond and paid the required fees.

"(2) That the financial responsibility, experience, character and general fitness of the applicant, . . . are such as to command the confidence of the community and to...

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