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DEPT. OF FINANCIAL INST. v. STATE BANK OF LIZTON

No. 1068 S 161.

253 Ind. 172 (1969)

252 N.E.2d 248

DEPARTMENT OF FINANCIAL INSTITUTIONS OF INDIANA ET AL. v. STATE BANK OF LIZTON.

Supreme Court of Indiana.

Filed November 18, 1969.

Attorney(s) appearing for the Case

Theodore L. Sendak, Attorney General, John Rabb Emison, Deputy Attorney General, Curtis C. Plopper, Deputy Attorney General, for appellant Department of Financial Institutions.

Martz, Beattey & Wallace, Joseph C. Wallace, Indianapolis, for appellant Brownsburg State Bank.

Ryan, Lind & Deckard, Melvin R. Lind, Danville, Robert V. Bridwell, Indianapolis, for appellee.

ARTERBURN, J.

This proceeding originated when the appellee, State Bank of Lizton, filed a petition before the Department of Financial Institutions of the State of Indiana to open a branch bank at Brownsburg, Indiana. This petition was opposed by the Brownsburg State Bank. After a hearing, the petition was denied by the Department. From this denial the State Bank of Lizton filed a petition in the Hendricks Circuit Court for...

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