De Vargas Savings And Loan Association Of Santa Fe V. Campbell

This case involves the law of standing. The Savings and Loan Supervisor of the New Mexico Department of Banking (Supervisor) granted authority to the Los Alamos Building and Loan Association (LABL) to operate a branch office in the City and County of Santa Fe, New Mexico. Four savings and loan associations (appellants) located in Santa Fe petitioned the District Court of the First Judicial District, seeking judicial review of the Supervisor's order approving the branch office under § 48-15-133 of the Savings and Loan Act [§ 48-15-45 to 142, N.M.S.A. 1953 (Repl. Vol.7, Supp.1972)]. That statute provides: