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S.I.C. FINANCE-LOANS OF MENAUL, INC. v. UPTON

No. 7776.

411 P.2d 755 (1966)

75 N.M. 780

S.I.C. FINANCE-LOANS OF MENAUL, INC., a Corporation, Petitioner-Appellee, v. W.J. UPTON, State of New Mexico Bank Examiner, Respondent-Appellant.

Supreme Court of New Mexico.

Rehearing Denied March 10, 1966.

Attorney(s) appearing for the Case

Bigbee & Byrd, Harl D. Byrd, John A. Mitchell, Santa Fe, for appellee.

Boston E. Witt, Atty. Gen., Wayne C. Wolf, Asst. Atty. Gen., Santa Fe, for appellant.

Iden & Johnson, Richard G. Cooper, J.J. Monroe, Albuquerque, amicus curiae on behalf of appellant.

COMPTON, Justice.

The respondent appeals from a judgment reversing his denial of an application for a small loan license.

On July 24, 1963, S.I.C. Finance-Loans of Menaul, Inc., referred to herein as S.I.C., made application for a license to conduct a small loan business at 8318 Menaul Boulevard, N.E., in Albuquerque, pursuant to § 48-17-34, N.M.S.A., 1953, as amended. Following a hearing, respondent, referred to herein as Commissioner, entered an order...

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