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HAZEN v. BANKING BOARD OF STATE

Nos. 43464, 43465.

476 P.2d 323 (1970)

S. Paul HAZEN, John E. Painter, William H. Johnson, Lonnie R. Rex and Edward J. Preuss, Jr., as Incorporators and Applicants for Charter of Treasury Trust Company, Located in Tulsa County, Near Oakhurst, Oklahoma, Plaintiffs in Error, v. The BANKING BOARD OF the STATE of Oklahoma, (and its members) and Carl B. Sebring, Banking Commissioner, and Community State Bank, an Oklahoma Banking Corporation, Defendants in Error, (two cases).

Supreme Court of Oklahoma.

As Corrected October 28, 1970.

Attorney(s) appearing for the Case

S. Paul Hazen, Tulsa, James E. Conatser, Bartlesville, for plaintiffs in error.

G.T. Blankenship, Atty. Gen. of Oklahoma, Gary F. Glasgow, Asst. Atty. Gen., Oklahoma City, for The Banking Board of the State of Okla. and Carl S. Sebring, Banking Commissioner.

Donald E. Hammer, Boesche, McDermott & Eskridge, Tulsa, for Community State Bank of Tulsa.

BLACKBIRD, Justice:

Plaintiffs in error, as the proposed directors and incorporators of a bank to be known as "Treasury Bank", signed an application for authority to engage in the banking business under that name. The application, with attached exhibits, was filed with this State's Bank Commissioner in November, 1968. The same day, the same parties, hereinafter referred to as "Applicants", filed with said Commissioner another application, by which they applied for...

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