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EQUITABLE BUILDING AND LOAN ASS'N v. DAVIDSON

No. 9570.

515 P.2d 140 (1973)

EQUITABLE BUILDING AND LOAN ASSOCIATION, Roswell, New Mexico, et al., Relators-Appellants and Cross-Appellees, v. Roy DAVIDSON, Commissioner of Banking of the State of New Mexico, et al., Respondents-appellees and Cross-Appellants, v. SANDIA SAVINGS AND LOAN ASSOCIATION, Intervenor-Appellee and Cross-Appellant.

Supreme Court of New Mexico.

October 5, 1973.

Attorney(s) appearing for the Case

Standley, Witt & Quinn, Donald W. Miller, Santa Fe, for relators-appellants and cross-appellees.

David L. Norvell, Atty. Gen., Thomas P. Whelan, Asst. Atty. Gen., Santa Fe, for respondents-appellants and cross-appellants Davidson, and others.

Bigbee, Byrd, Carpenter & Crout, Richard N. Carpenter, Jay C. Carlisle II, Santa Fe, for intervenor-appellee and cross-appellant.

OPINION

MONTOYA, Justice.

On March 27, 1972, the appellee Sandia Savings and Loan Association (Sandia) and the New Mexico Savings and Loan Association (NMSLA), each with its principal place of business and home office in Albuquerque, Bernalillo County, New Mexico, filed an application before Mr. Snider Campbell (Campbell), the savings and loan supervisor of the New Mexico Department of Banking, seeking approval of the transfer from NMSLA to Sandia of permits...

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