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WORCESTER COUNTY NATIONAL BANK v. COMMR. OF BANKS

340 Mass. 695 (1960)

166 N.E.2d 551

WORCESTER COUNTY NATIONAL BANK vs. COMMISSIONER OF BANKS.

Supreme Judicial Court of Massachusetts, Worcester.

April 11, 1960.

Attorney(s) appearing for the Case

John Cancian, for the plaintiff.

Leo Sontag, Assistant Attorney General, (Pasquale J. Piscitelli & John W. Gorman with him,) for the defendant.

Present: WILKINS, C.J., SPALDING, WILLIAMS, WHITTEMORE, & CUTTER, JJ.

WILKINS, C.J.

For many years prior to January 12, 1959, the capital stock of Worcester County Trust Company, a Massachusetts trust company, was a legal investment for Massachusetts savings banks under G.L.c. 168, § 54, as amended, now § 47 as appearing in St. 1955, c. 432, § 1. On that date Worcester County Trust Company converted into a national banking association under the name of Worcester County National...

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