SARNER v. MASON

Civ. No. 732-54.

128 F.Supp. 165 (1955)

Sidney SARNER, Leonard Sarner, Maurice Sarner, and Linwood Park, Inc., Sections 1 to 13 inclusive, each a corporation of New Jersey, Plaintiffs, v. Norman P. MASON, Commissioner of the Federal Housing Administration, and Albert M. Cole, Housing and Home Finance Administrator, and Federal Housing Administration, Defendants.

United States District Court, D. New Jersey.

February 15, 1955.


Attorney(s) appearing for the Case

Van Riper & Belmont, Walter D. Van Riper, Newark, N. J., George I. Marcus, Hackensack, N. J., for plaintiffs.

Asst. Atty. Gen., Warren E. Burger, Edward H. Hickey and Carl Eardley, Dept. of Justice, Washington, D. C., Raymond Del Tufo, Jr., U. S. Atty., and Charles H. Hoens, Jr., Asst. U. S. Atty., Newark, N. J., for defendants.


MEANEY, District Judge.

The plaintiffs, Sidney Sarner, Leonard Sarner and Maurice Sarner, are the owners and holders of all of the common stock of the 13 plaintiff corporations identified as Linwood Park, Inc., Sections 1 to 13 inclusive. The Commissioner of the Federal Housing Administration in accordance with the provisions of the National Housing Act, 12 U.S. C.A. §§ 1738 and 1743, and the regulations promulgated under that act, purchased 100 shares of...

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