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ATCO SAVINGS AND LOAN ASS'N v. ANGELINA

39 N.J. Super. 501 (1956)

121 A.2d 448

ATCO SAVINGS AND LOAN ASSOCIATION, A CORPORATION OF THE STATE OF NEW JERSEY, PLAINTIFF, v. AMEDEO ANGELINA, JOSEPH PASSARELLA, JR., HUGO M. CHAMBOSSE, LOUBERT DeSORTE, JOHN BARBACCIA AND COMMISSIONER OF BANKING AND INSURANCE OF THE STATE OF NEW JERSEY, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided March 13, 1956.

Attorney(s) appearing for the Case

Mr. Norman Heine, attorney for plaintiff.

HANEMAN, J.S.C.

This action was commenced by the Atco Savings and Loan Association, formerly known as Waterford Township Building and Loan Association of Waterford Township, N.J., a New Jersey corporation, successor by merger with the Atco Building and Loan Association of Waterford Township, N.J., against the defendants, based upon the causes of action as follows:

1. Plaintiff holds certain reserves created by Waterford Township Building and Loan Association...

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