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TRADERS & FARMERS BANK v. CENTRAL BANK OF ALA.

SC 1087, 1087-X.

320 So.2d 638 (1975)

TRADERS & FARMERS BANK OF HALEYVILLE, Alabama, a corporation v. CENTRAL BANK OF ALABAMA, etc., et al.

Supreme Court of Alabama.

October 2, 1975.

Attorney(s) appearing for the Case

Tweedy, Jackson & Beech, Jasper, for appellant.

Harris, Harris, Shinn & Harris, Decatur, for appellee and cross-appellant.

ALMON, Justice.

Plaintiff-appellant, Traders & Farmers Bank of Haleyville, is a state bank with its home office in Haleyville and branches at Double Springs and Addison. Application for the establishment of the branch at Addison was made on July 30, 1973, with both the State Superintendent of Banks and the Regional Office of FDIC in Atlanta, Georgia. Authority for the application was based on Act No. 606, Acts of Alabama, 1953. State approval was granted in September...

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