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STATE v. CROLAND

31 N.J. 380 (1960)

157 A.2d 506

STATE OF NEW JERSEY, PLAINTIFF-APPELLANT, v. WILLIAM H. CROLAND, DEFENDANT, AND MARVIN ZALK, DEFENDANT-RESPONDENT.

The Supreme Court of New Jersey.

Decided January 25, 1960.

Attorney(s) appearing for the Case

Mr. Brendan T. Byrne, Essex County Prosecutor, argued the cause for plaintiff-appellant (Mr. Sanford Freedman, Deputy Attorney General, of counsel).

Mr. Paul T. Murphy argued the cause for defendant-respondent, Marvin Zalk (Messrs. Crummy, Gibbons & O'Neill, attorneys).

Mr. Walter D. Van Riper argued the cause amicus curiae (Messrs. Van Riper & Belmont, attorneys).

PER CURIAM.

Croland and Zalk were indicted for violation of N.J.S. 2A:102-3, which provides:

"Any director, member or officer of any corporation or association who fraudulently takes, misapplies or misuses any money or property of the corporation or association, is guilty of a misdemeanor."

Croland was Secretary-Treasurer of the C.J. Simons Corporation, an insurance agency engaged in selling various forms of group life insurance for the...

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