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FIRST FED.S. & L. ASS'N. v. BD. OF BANK CONTROL

19872

263 S.C. 59 (1974)

207 S.E.2d 801

FIRST FEDERAL SAVINGS & LOAN ASSOCIATION OF WALTERBORO, Appellant, v. BOARD OF BANK CONTROL FOR the State of SOUTH CAROLINA et al., Respondents.

Supreme Court of South Carolina.

August 6, 1974.

Attorney(s) appearing for the Case

Messrs. Whaley, McCutchen, Blanton & Dent, of Columbia, and Keith M. Kinard, of Walterboro, for Appellant.

Messrs. Morris D. Rosen and I.M. Goldberg, of Charleston, for Individual Respondents.

August 6, 1974.

LEWIS, Justice:

This is an appeal from an order of the lower court affirming the action of the Board of Bank Control in granting a charter to the individual respondents for the operation of a savings and loan association in Walterboro, South Carolina. Appellant, an existing savings and loan association, with which the new association will compete, challenged by certiorari the validity of the action...

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