Klanke v. Camp
United States District Court for the Southern District of Texas
320 F. Supp. 1185 (1970)
- Written by Robert Cane, JD
Facts
Charles Klanke (plaintiff) applied to the United States Comptroller of the Currency, William Camp (defendant) for a charter to organize a new national bank. The comptroller conducted an investigation regarding Klanke’s application. Ultimately, the comptroller denied Klanke’s application. The comptroller explained that he denied the application because he found that there was no adequate need for a bank at the proposed location, that the experience and ability of the proposed organizers was insufficient, and that the new bank would not be successful under the proposed leadership. Thus, the comptroller concluded that the granting of the charter application would be detrimental to the public interest. Klanke sued the comptroller, alleging that the comptroller’s denial of the charter application was arbitrary and capricious. Klanke sought an order compelling the comptroller to grant the charter or to state terms under which Klanke’s application would be granted. The comptroller argued that the denial of the charter application was not subject to judicial review.
Rule of Law
Issue
Holding and Reasoning (Seals, J.)
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