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BANKING BD. OF STATE OF OKL. v. WILKERSON

No. 53747.

642 P.2d 1141 (1982)

The BANKING BOARD OF the STATE OF OKLAHOMA, Comprised of Donald F. Van Horne, acting Bank Commissioner and Chairman; Don B. Donaldson, John T. Hannah, George W. Lowry, H.W. Ray, and Robert Clark, Members, Petitioner, v. John C. WILKERSON, Jr., Les Horner, David Hillsheimer, Lester Cross, and Don Stover, Incorporators of the Proposed Peoples Bank in Pryor, Oklahoma, Respondents, and First National Bank of Pryor, Oklahoma; American Bank of Oklahoma, Pryor, Oklahoma; and The Adair State Bank, Adair, Oklahoma, Respondents.

Supreme Court of Oklahoma.

March 9, 1982.

Attorney(s) appearing for the Case

Sandi Cone Silkey, Legal Counsel, State Banking Dept., Oklahoma City, for petitioner.

Sam P. Daniel, Jr., and William E. Hughes, Doerner, Stuart, Saunders, Daniel & Anderson, Tulsa, for respondents, John C. Wilkerson, Jr., Les Horner, David Hillsheimer, Lester Cross, and Don Stover, Incorporators of the Proposed Peoples Bank in Pryor, Oklahoma.

Robinson, Boese & Davidson by James S. Boese, Tulsa, for respondents, First National Bank of Pryor, Oklahoma, American Bank of Oklahoma, Pryor, Oklahoma, and The Adair State Bank, Adair, Oklahoma.

BARNES, Vice Chief Justice:

I

Respondents, John C. Wilkerson, Jr., Les Horner, David Hillscheimer, Lester Cross and Don Stover, Incorporators of the Proposed Peoples Bank in Pryor, Oklahoma, filed an application with the State Banking Board on August 10, 1978. The application proposed the establishment of a new bank in Pryor. The Board held a hearing on October 19, 1978. The hearing resulted in a denial of the application.

Wilkerson, et al, then...

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