State ex rel. Jones v. Cook

73 S.W. 489, 174 Mo. 100, 1903 Mo. LEXIS 278
CourtSupreme Court of Missouri
DecidedApril 1, 1903
StatusPublished
Cited by12 cases

This text of 73 S.W. 489 (State ex rel. Jones v. Cook) is published on Counsel Stack Legal Research, covering Supreme Court of Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
State ex rel. Jones v. Cook, 73 S.W. 489, 174 Mo. 100, 1903 Mo. LEXIS 278 (Mo. 1903).

Opinion

ROBINSON, C. J.

Proceeding by mandamus, on the relation of Lawrence M. and J. Logan Jones, to compel the Secretary of State to grant to them the State’s authorization -to carry on, as partners, the business of private banking in Kansas City.

The petition of relators, on which the alternative writ herein was issued, states a compliance on their part with all the requirements provided in section 1299, Revised Statutes 1899; its request upon the Secretary [109]*109of State that he make or cause to be made an examination to ascertain if said provision of the law had been complied with on part of relators, -and if complied with, that he issue to them the State’s authorization to engage in said business of private banking, and the refusal of the Secretary of State so to do.

To the alternative writ issued in obedience to the prayer of relator’s petition, respondent filed the following return:

“Now comes the respondent, Sam B. Cook, and for a return to the alternative writ of mandamus herein, admits that he is the Secretary of State of the State of Missouri, and that he was Secretary of State at and during all the time mentioned in complainant’s petition; admits that as such Secretary of State it is his duty, when an individual banker has filed in his office the requisite certificate to commence business under the laws of this State as a private banker, to examine, or cause an examination to be made as to the amount of capital actually paid up, the manner of transacting business, and to ascertain whether or not all the laws of the State have been complied with in reference to the organization of private banks, and when it is found upon such examination that the provisions of the law have been complied with by the individual or individuals desiring to be authorized to transact private banking business, to grant them a certificate to that effect.
“Respondent further says that the certificate filed by complainants in his office, and referred to in the petition herein, provides that the business to be conducted by said complainants as private bankers shall be at Kansas City; that said Kansas City is a municipal corporation containing more than one hundred and fifty thousand inhabitants, and that under the laws of this State no person or persons can be authorize*! to transact business as private bankers unless capital be first paid in to the amount of one hundred thousand dollars; that complainants in their said certificate certify and acknowl[110]*110edge to the payment of only ten thousand dollars, and that by reason of said fact said certificate as filed in the office of this respondent is insufficient to warrant said respondent in issuing a certificate to said complainants to do the business of private bankers in said city.
“Respondent denies that complainants have complied with all the provisions of the laws of the State of Missouri required for the purpose of organizing a private bank; denies that as Secretary of State for the State of Missouri he refuses to grant to relators a certificate setting forth the fact that they have complied with the law in the case of individual bankers made and provided, but avers that he is now, and has been at all times, willing to issue said certificate when a proper statement as to the capital invested and evidence of character of business and place of business has been properly acknowledged and filed in his office by complainants.
“Respondent further avers that until said complainants have certified to him that they have paid up one hundred thousand dollars of capital to be invested and used in the transaction of the sole business of private bankers, he is not and can not be required to examine into the condition of such payment, the manner of transacting business, or to issue a certificate to said complainants authorizing them to transact the business of private bankers at Kansas City, said city having a population of more than one hundred and fifty thousand.
“Respondent further states that it is the object and purpose of the complainants to locate and conduct their business as private bankers in the same building, and on the third floor thereof, occupied by them now as a department store in said Kansas City, Missouri, and-that said bank, when so organized and run, is to be-conducted in conjunction with their said department store, said complainants being engaged in owning and conducting.a general department store business at said city, and respondent says that said complainants have [111]*111no right or leave under the laws of this State to operate or transact the business of private bankers in connection and conjunction with the business and affairs of their department store at said city, and that they have no statutory or other legal right to transact the business of private bankers in the building and on the same floor of the building occupied in part by them in their department store business. Respondent avers that the laws of the State of Missouri require banking business to be conducted in its own banking house, separate and apart from any other business.
“Respondent further answering, says that heretofore, to-wit, on the — — day of ----, 1902, after full presentation of the matter and all facts in connection therewith, together with the certificate showing that ten thousand dollars of capital has been paid in, filed in his office, he, upon due consideration of the same, found and determined, that said complainants had not properly qualified themselves under the laws of the State of Missouri to engage in the business of private bankers, and having not so properly qualified, and not having filed a proper certificate showing that one hundred thousand dollars had been paid up, to be used in the transaction of £be business of themselves as private bankers, he, the respondent, refused to issue a certificate under the seal of his office, granting to said complainants authority to transact the business of private bankers at Kansas City, Missouri.
“Wherefore, respondent says that he has fully, fairly and officially passed upon and exercised his judgment as to the right of complainants to engage in said business in said city upon the certificate filed by them in the office of this respondent as mentioned in complainants’ petition; wherefore and upon consideration of the foregoing this respondent asks to go hence with his costs.”

To this return relator replied:

[112]*112“Now come the relators, and for their reply to the return filed by the respondent to the alternative writ of mandamus herein, admit that the certified copy of the relators’ statement set forth that the place at which relators’ business as private bankers is to be carried on, is Kansas City, Missouri, and admit that said Kansas City is a municipal corporation containing more than one hundred and fifty thousand inhabitants.

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Bluebook (online)
73 S.W. 489, 174 Mo. 100, 1903 Mo. LEXIS 278, Counsel Stack Legal Research, https://law.counselstack.com/opinion/state-ex-rel-jones-v-cook-mo-1903.