PEOPLES BANK v. BANKING BOARD

No. 21905.

436 P.2d 681 (1968)

The PEOPLES BANK, a corporation, Plaintiff in Error, v. The BANKING BOARD of the State of Colorado, Harry Bloom, Bank Commissioner, State of Colorado et al., Defendants in Error.

Supreme Court of Colorado, En Banc.

Rehearing Denied February 19, 1968.


Attorney(s) appearing for the Case

Zarlengo, Zarlengo, Seavy & Mulligan, Denver, Leslie A. Gifford, Aurora, for plaintiff in error.

Duke W. Dunbar, Atty. Gen., Frank E. Hickey, Deputy Atty. Gen., A. Frank Vick, Jr., Asst. Atty. Gen., Denver, for defendants in error Banking Board of Colorado and Harry Bloom, State Bank Commissioner.

Quiat, Seeman, Quiat & Woods, Denver, for defendants in error Guaranty Bank of Stapleton Airfield, Joe Alpert, Herman Horwich, John H. Roberts, I. J. Shore, Max Weisbly, and Walter A. Woods.


HODGES, Justice.

The Banking Board of the State of Colorado granted an application for a state bank charter to the Guaranty Bank of Stapleton Airfield, Denver, Colorado. The Peoples Bank, after protesting the application at the hearing before the banking board, brought an action in the district court seeking to have the board's order granting the application vacated and annulled. The district court affirmed the order of the banking board and dismissed the complaint...

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