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VERHELLE v. STATE BANKING COMR.

Docket No. 87, Calendar No. 46,942.

347 Mich. 612 (1957)

81 N.W.2d 397

VERHELLE v. STATE BANKING COMMISSIONER.

Supreme Court of Michigan.

Decided February 28, 1957.

Attorney(s) appearing for the Case

John W. Babcock and Crawford, Sweeney, Dodd & Kerr, for plaintiffs.

Thomas M. Kavanagh, Attorney General, Edmund E. Shepherd, Solicitor General, Maurice M. Moule and Burton P. Daugherty, Jr., Assistants Attorney General, for defendant.

SHARPE, J.

The bill of complaint in this cause was filed under the authority granted in section 21 of the Michigan financial institutions act (CL 1948, § 487.21 [Stat Ann 1943 Rev § 23.739]). Plaintiffs are residents of the State of Michigan and are applicants in an application for permission to organize a bank under the laws of the State of Michigan, including PA 1937, No 341, known as the Michigan financial institutions act, and are parties of interest...

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