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PHELPS COUNTY SAV. CO. v. DEPT. OF BANKING, ETC.

No. 44125.

320 N.W.2d 99 (1982)

211 Neb. 683

PHELPS COUNTY SAVINGS COMPANY, a Nebraska corporation, Appellee, v. DEPARTMENT OF BANKING AND FINANCE, State of Nebraska, Appellee, First National Bank of Holdrege, Nebraska, and First Security Bank of Holdrege, Nebraska, Appellants.

Supreme Court of Nebraska.

May 28, 1982.

Attorney(s) appearing for the Case

Person, Dier, Person & Osborn, Holdrege, for appellants.

Knudsen, Berkheimer, Beam, Richardson & Endacott, Lincoln, for appellee Phelps County Sav. Co.

Heard before BOSLAUGH, McCOWN, CLINTON, WHITE, HASTINGS, and CAPORALE, JJ.

CLINTON, Justice.

This appeal arises out of the application of the Phelps County Savings Company to the Department of Banking and Finance (hereinafter department) for a license to operate as an industrial loan and investment company under the provisions of Neb.Rev.Stat. §§ 8-401 et seq. (Reissue 1977). The appeal is from an order of the District Court for Lancaster County made on January 8, 1981, remanding the matter to the department for a hearing "with...

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