VALLEY NATIONAL BANK v. FIRST NATIONAL BANK

No. 6442.

83 Ariz. 286 (1958)

320 P.2d 689

The VALLEY NATIONAL BANK OF PHOENIX, a national banking association, Appellant, v. The FIRST NATIONAL BANK OF HOLBROOK, a national banking association, Appellee.

Supreme Court of Arizona.

January 21, 1958.


Attorney(s) appearing for the Case

Rawlins, Davis, Christy, Kleinman & Burrus, Phoenix, for appellant.

Axline & Shelley, Holbrook, for appellee.


JOHNSON, Justice.

This is an appeal from a judgment entered in a declaratory judgment action holding Chapter 119 of the Laws of 1956, providing for the deposit of public monies, is void and unconstitutional, and permanently enjoining and restraining the members of the board of supervisors and the treasurer of Navajo County from acting under or pursuant to said law.

The First National Bank of Holbrook, hereinafter...

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