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AUBURN SAVINGS BANK v. CAMPBELL

273 A.2d 846 (1971)

AUBURN SAVINGS BANK v. Elmer W. CAMPBELL, Bank Commissioner.

Supreme Judicial Court of Maine.

February 25, 1971.

Attorney(s) appearing for the Case

Willis A. Trafton, Auburn, for plaintiff.

Clayton N. Howard, Asst. Atty. Gen., Augusta, for defendant.

Before DUFRESNE, C. J., and WEBBER, WEATHERBEE, POMEROY and WERNICK, JJ.

WEBBER, Justice.

This was an appeal taken pursuant to 9 M.R.S.A., Sec. 7 from an order promulgated by the Bank Commissioner. The resolution of the issue presented involves the construction of 9 M.R.S.A., Sec. 568 enacted as a part of P.L.1969, Ch. 401, Sec. 18 and captioned "Other prudent loans." This appeal was by agreement reported to the Law Court upon the following agreed statement of facts:

"The parties hereto by their respective counsel stipulate as...

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