HUDSON COUNTY NATIONAL BANK, ETC., ET ALS., PLAINTIFFS-APPELLANTS,
v.
CHARLES R. HOWELL, COMMISSIONER OF BANKING AND INSURANCE OF THE STATE OF NEW JERSEY, AND FIRST SAVINGS AND LOAN ASSOCIATION OF JERSEY CITY, DEFENDANTS-RESPONDENTS.
Superior Court of New Jersey, Appellate Division.https://leagle.com/images/logo.png
Argued April 11, 1960.
Decided May 12, 1960.
Attorney(s) appearing for the Case
Mr. Raymond A. Coleman argued the cause for plaintiffs-appellants (Messrs. Anderson, Rugge and Coleman, attorneys for plaintiff-appellant Commercial Trust Company of New Jersey; Messrs. Milton, McNulty and Augelli and Mr. Robert D. Corbin, attorneys for plaintiff-appellant Hudson County National Bank; Messrs. Lynch, Lora and Milstein, attorneys for plaintiff-appellant The Trust Company of New Jersey).
Mr. Emil W.A. Schumann argued the cause for defendant-respondent The First Savings and Loan Association of Jersey City.
Mr. David Landau, Deputy Attorney General, argued the cause for defendant-respondent Charles R. Howell, Commissioner of Banking and Insurance (Mr. David D. Furman, Attorney General, attorney).
Before Judges GOLDMANN, CONFORD and HANEMAN.
Superior Court of New Jersey, Appellate Division.
PER CURIAM.
On April 10, 1959 the Commissioner of Banking and Insurance granted permission to the First Savings and Loan Association of Jersey City to establish a branch office at 315 Jackson Avenue, Jersey City. The proceedings were had in conformity with N.J.S.A. 17:12A-21A(4). Forty-five days later, on May 25, 1959, the Association took possession of said premises under an option of lease and...
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