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CONSOLIDATED POLICE, & C., PENSION FD. COMM. v. CITY OF PASSAIC

23 N.J. 645 (1957)

130 A.2d 377

CONSOLIDATED POLICE AND FIREMEN'S PENSION FUND COMMISSION, AN AGENCY OF THE STATE OF NEW JERSEY, PLAINTIFF-APPELLANT, v. CITY OF PASSAIC, A MUNICIPAL CORPORATION, DEFENDANT-RESPONDENT.

The Supreme Court of New Jersey.

Decided March 25, 1957.

Attorney(s) appearing for the Case

Mr. Christian Bollermann, Deputy Attorney-General, argued the cause for the appellant (Mr. Grover C. Richman, Jr., Attorney-General, attorney).

Mr. William N. Gurtman argued the cause for the respondent.

The opinion of the court was delivered by HEHER, J.

On April 1, 1955 the defendant City of Passaic forwarded to the plaintiff Consolidated Police and Firemen's Pension Fund Commission, by mail, its check for $415,508.96, the aggregate principal payments then due to the Commission under L. 1952, c. 358, N.J.S.A. 43:16-1 et seq., approved June 19, 1952, whereby all existing pension funds created by L. 1920, c. 160 and chapter...

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