VALLEY BANK v. STATE

No. 7067

115 N.H. 151 (1975)

THE VALLEY BANK v. STATE OF NEW HAMPSHIRE & a.

Supreme Court of New Hampshire

March 31, 1975


Attorney(s) appearing for the Case

Douglas S. Hatfield, Jr., by brief and orally, for the plaintiff.

Warren B. Rudman, attorney general, and John S. Kitchen, attorney (Mr. Kitchen orally), for the State.

Brighton, Fernald, Taft & Hampsey and John R. Falby, Jr. (Mr. Falby, orally) for Peterborough Savings Bank, intervenor.


GRIMES, J.

The issue in this case is whether a "grandfather clause" in the statute regulating branch banking violates the equal protection clauses of the Constitutions of New Hampshire and the United States.

This is an appeal pursuant to RSA 384-B:2 V and RSA 541:6 from a decision of the board of trust company incorporation, the State banking regulatory agency, which granted an application of the Peterborough Savings Bank to establish a branch in the town...

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