MATTER OF CLARK v. MOONEY


9 Misc.2d 313 (1957)

In the Matter of James P. Clark et al., Petitioners, v. George A. Mooney, as Superintendent of Banks of State of New York, Respondent.

Supreme Court, Special Term, Kings County.

November 22, 1957.


Attorney(s) appearing for the Case

Samuel Gellman for petitioners.

Louis J. Lefkowitz, Attorney-General, for respondent.


BENJAMIN BRENNER, J.

This is a proceeding pursuant to article 78 of the Civil Practice Act to review a determination of the Superintendent of Banks of the State of New York claimed to be arbitrary, capricious and unauthorized.

Between April 4, 1949 and May 1, 1953, the petitioners, as members of the Bushwick Savings & Loan Association, purchased an aggregate of $8,700 in shares of stock of said Association...

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