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APPEAL OF INCORP'S OF MANCHESTER SAV'S BANK

No. 78-124.

120 N.H. 129 (1980)

APPEAL OF THE INCORPORATORS OF THE MANCHESTER SAVINGS BANK (THE BOARD OF TRUST COMPANY INCORPORATION)

Supreme Court of New Hampshire.

February 28, 1980.

Attorney(s) appearing for the Case

McLane, Graf, Greene, Raulerson & Middleton, of Manchester (Peter G. Guenther orally), for the plaintiff, Incorporators of the Manchester Savings Bank.

Sheehan, Phinney, Bass & Green, of Manchester (William S. Green orally), for the intervenor, Merchants Savings Bank of Manchester.

Upton, Sanders & Smith, of Concord (Frederic K. Upton orally), for the intervenor, New Hampshire Association of Savings Banks.

Sullivan, Gregg & Horton, of Nashua (Sherman D. Horton orally), for the intervenor, Indian Head National Bank of Nashua.

BROCK, J.

This is an appeal brought pursuant to RSA 541:6 from an order of the Board of Trust Company Incorporation denying plaintiff's petition under RSA ch. 386-A for authority to establish a guaranty savings bank in Manchester, to be known as the Manchester Savings Bank.

On April 4, 1977, plaintiff filed its application with the board. On July 29, 1977, the Chief Bank Examiner for the New Hampshire Banking Department filed his New Bank Investigation Report...

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