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PUBLIC BK. OF ST. CLOUD v. STATE OF DEPARTMENT OF BANKING AND FINANCE

No. EE-94.

351 So.2d 73 (1977)

The PUBLIC BANK OF ST. CLOUD (Proposed New Bank), Petitioner, v. STATE OF Florida DEPARTMENT OF BANKING AND FINANCE and Gerald A. Lewis, As Comptroller of Florida and Head of the Department, Respondents.

District Court of Appeal of Florida, First District.

Rehearing Denied November 16, 1977.

Attorney(s) appearing for the Case

J. Riley Davis of Taylor, Brion, Buker & Green, Miami, for petitioner.

William B. Corbett, Jr., Tallahassee, for respondents.

RAWLS, Acting Chief Judge.

In August, 1973, a group of citizens filed their application with the Comptroller to establish a bank in St. Cloud, Florida. The application received conditional approval from the then Comptroller Dickinson in December, 1974. In January, 1975, Comptroller Lewis revoked the conditional approval, requested updated economic data, and in November, 1975, denied the application. Subsequent to that denial, the petitioner sought administrative remedies...

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