BANK OF SHELBYVILLE v. PEOPLES BK. OF BAGDAD


551 S.W.2d 234 (1977)

BANK OF SHELBYVILLE, Shelbyville, Ky., et al., Appellants, v. PEOPLES BANK OF BAGDAD, Bagdad, Ky., et al., Appellees.

Supreme Court of Kentucky.

May 20, 1977.


Attorney(s) appearing for the Case

Joseph J. Leary, William M. Johnson, Frankfort, for appellants.

William A. Young, G. Lee Langston, Frankfort, for appellees.

Edward F. Prichard, Jr., Frankfort, Larry C. Allen, C. R. Luker, Jr., London, amicus curiae.


JONES, Justice.

This is an appeal from an order of the Franklin Circuit Court which affirmed an order of the Commissioner of Banking and Securities granting Peoples Bank of Bagdad a license for a branch bank under the provisions of KRS 287.180(2).

Citizens Union Bank of Shelbyville, Kentucky and the Bank of Shelbyville prosecute this appeal.

Citizens Union Bank and Bank of Shelbyville contend that the trial court erred grievously in holding the order...

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