ARK. STATE BANK COM'R v. BANK OF MARVELL

No. 90-106.

804 S.W.2d 692 (1991)

304 Ark. 602

ARKANSAS STATE BANK COMMISSIONER and Merchants and Farmers Bank, West Helena, Arkansas, Appellants, v. BANK OF MARVELL, Appellee.

Supreme Court of Arkansas.

February 25, 1991.


Attorney(s) appearing for the Case

David E. Simmons, J. Denhammcclendon, Asst. Attys. Gen., Little Rock, for appellants.

Charles Roscopf, Helena, Stephen Safly, No. Little Rock, for appellee.


HAYS, Justice.

The Arkansas State Bank Commission approved an application of Merchants and Farmers Bank of West Helena, pursuant to Ark.Code Ann. § 23-32-1203 (Supp.1989), to open a branch bank in Marvell, Arkansas, over the protest of the Bank of Marvell. Bank of Marvell appealed to the Circuit Court of Pulaski County where the order was reversed and the Commissioner was directed to deny the application.

The Bank Commissioner and Merchants and Farmers...

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