HUDSON CTY. NAT'L BANK v. PROVIDENT INST. FOR SAVINGS IN JERSEY CITY


44 N.J. 282 (1965)

208 A.2d 409

HUDSON COUNTY NATIONAL BANK, A NATIONAL BANKING ASSOCIATION, PLAINTIFF-APPELLANT, v. THE PROVIDENT INSTITUTION FOR SAVINGS IN JERSEY CITY, A NEW JERSEY SAVINGS BANK, THE HOWARD SAVINGS INSTITUTION AND PLAINFIELD SAVINGS BANK, DEFENDANTS AND DEFENDANTS-INTERVENORS-RESPONDENTS.

The Supreme Court of New Jersey.

Decided March 22, 1965.


Attorney(s) appearing for the Case

Mr. John Milton, Jr., argued the cause for appellant (Mr. Theodore Lappas, Jr., on the brief; Messrs. Milton, Keane & DeBona, attorneys).

Mr. Frederic K. Becker argued the cause for respondent The Provident Institution for Savings in Jersey City (Messrs. Wilentz, Goldman & Spitzer, attorneys).

Mr. William H. Osborne, Jr. argued the cause for respondents The Howard Savings Institution and Plainfield Savings Bank (Messrs. Pitney, Hardin & Kipp, attorneys).

Mr. Robert F. Darby argued the cause for Savings Banks' Association of New Jersey, amicus curiae (Messrs. Darby & McDonough, attorneys).

Mr. Israel Spicer filed a brief on behalf of New Jersey Bankers Association, amicus curiae (Messrs. Lowenstein & Spicer, attorneys).

Mr. Avrom J. Gold, Deputy Attorney General, argued the cause for the Commissioner of Banking and Insurance (Mr. Alan B. Handler, First Assistant Attorney General, attorney).


The opinion of the court was delivered

PER CURIAM.

This case involves the question whether savings banks may accept deposits which are subject to withdrawal by check. The trial court held they could. Hudson County National Bank v. Provident Institution for Savings in Jersey City, 80 N.J.Super. 339 (Ch. Div. 1963). We certified the appeal before argument in the Appellate Division.

We affirm the...

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