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CENTER STATE BANK, INC. v. STATE BANKING BD.

Civ. No. 9501.

276 N.W.2d 132 (1979)

In the Matter of the Application for an Organization Certificate for Center State Bank, Inc. CENTER STATE BANK, INC., Appellant, v. The STATE BANKING BOARD of the State of North Dakota, the Attorney General of the State of North Dakota, and Security State Bank of New Salem, North Dakota, Appellees.

Supreme Court of North Dakota.

As Corrected March 15, 1979.

Rehearing Denied March 22, 1979.

Attorney(s) appearing for the Case

Richard P. Gallagher, Mandan, for Center State Bank, Inc., appellant.

Illona Jeffcoat-Sacco, Special Asst. Atty. Gen., Bismarck, for State Banking Board, appellee.

Lamb, Schaefer & McNair, Fargo, for Security State Bank of New Salem, appellee; argued by Alice K. Olson, Fargo.

Orville A. Schulz, New Salem, for Security State Bank of New Salem, appellee.

PEDERSON, Justice.

This is an appeal by the Center State Bank, Inc., from an order by the Burleigh County District Court affirming an administrative determination made by the State Banking Board denying a third extension of time to meet conditions imposed by that Board.

On February 28, 1975, the Board conditionally approved an application from Emil E. Kautzmann and others to establish a bank at Center, North Dakota, using the corporate name Center State Bank...

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