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STATE BANK. BD. v. PROPOSED CENT. PK. BANK OF DALLAS

No. 12229.

522 S.W.2d 717 (1975)

STATE BANKING BOARD et al., Appellants, v. PROPOSED CENTRAL PARK BANK OF DALLAS, Texas, et al., Appellees.

Court of Civil Appeals of Texas, Austin.

Rehearing Denied May 21, 1975.

Attorney(s) appearing for the Case

John L. Hill, Atty. Gen., John H. Banks, Asst. Atty. Gen., Austin, for State Banking Board, and others.

Larry Temple, Austin, for North Park National Bank of Dallas.

Arthur Mitchell, Austin, Kirk Patterson, Mitchell & Stewart, San Antonio, and Mitchell, George & Belt, Austin, for Proposed Central Park Bank of Dallas.

SHANNON, Justice.

The question for decision is whether the order of the State Banking Board of Texas, denying an application for a proposed bank in Dallas upon the basis of no public necessity and insufficient volume of business to indicate a profitable operation, is supported by substantial evidence. Vernon's Tex.Rev.Civ.Stat.Ann. art. 342-305, subd. A(1), (3). As we are of the opinion that the order is supported by substantial evidence, the judgment of the district...

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