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FIRSTBANK OF NORTH LONGMONT v. BANKING BD.

No. 80CA1161.

648 P.2d 684 (1982)

FIRSTBANK OF NORTH LONGMONT, N. A., a National Banking Association, Petitioner, v. The BANKING BOARD of the State of Colorado and Harry Bloom, State Bank Commissioner, and their successors in office, Joseph B. Bowers, Joseph C. French, Robert M. Vinton, Robert N. Hall and Edward R. Peppler, as applicants for Charter for the proposed Pioneer Bank of Longmont, Respondents.

Colorado Court of Appeals, Div. II.

June 3, 1982.

Attorney(s) appearing for the Case

Rothgerber, Appel & Powers, Tennyson W. Grebenar, Denver, for petitioner.

J. D. MacFarlane, Atty. Gen., Richard F. Hennessey, Deputy Atty. Gen., Mary J. Mullarkey, Sol. Gen., Richard H. Goldberg, Asst. Atty. Gen., Denver, for respondents Banking Bd. and Harry Bloom.

Robert M. Vinton, Denver, for respondents Joseph B. Bowers, Joseph C. French, Robert M. Vinton, Robert N. Hall, and Edward R. Peppler.

STERNBERG, Judge.

Firstbank of North Longmont seeks review of the granting of a commercial bank charter to respondents, Joseph B. Bowers, Joseph C. French, Robert M. Vinton, Robert N. Hall, and Edward R. Peppler. We affirm.

Firstbank's petition for review centers on the Board's interpretation of §§ 11-3-106 and 11-3-108(1), C.R.S. 1973, which provide in pertinent part:

Section 11-3-106:

"Each incorporator shall, prior to the filing...

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