“Surfeit of banks”

September 18, 2012

  • 52 Banks and Banking
  • 52IV National Banks
  • 52k236 k. Organization and Corporate Existence.

52 Banks and BankingSurfeit of banks in one area may be as detrimental to public as is a monopoly.
Hempstead Bank v. Smith, 540 F.2d 57 (2d Cir. 1976)