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IN RE APPLICATION OF KENILWORTH STATE BANK

49 N.J. 330 (1967)

230 A.2d 377

IN THE MATTER OF APPLICATION OF KENILWORTH STATE BANK FOR A CHARTER FOR A BANK TO BE LOCATED AT 481 BOULEVARD, BOROUGH OF KENILWORTH, COUNTY OF UNION, AND STATE OF NEW JERSEY. THE NATIONAL STATE BANK, ELIZABETH, NEW JERSEY, APPELLANT, v. CHARLES R. HOWELL, COMMISSIONER OF BANKING AND INSURANCE OF NEW JERSEY, AND KENILWORTH STATE BANK, RESPONDENTS.

The Supreme Court of New Jersey.

Decided June 5, 1967.

Attorney(s) appearing for the Case

Mr. William P. Reiss argued the cause for appellant (Messrs. Pitney, Hardin & Kipp, attorneys).

Mr. Kenneth L. Estabrook argued the cause for respondent Kenilworth State Bank (Messrs. Lindabury, McCormick & Estabrook, attorneys).

Mrs. Marilyn L. Schauer, Assistant Attorney General, argued the cause for Charles R. Howell, Commissioner of Banking and Insurance (Mr. Arthur J. Sills, Attorney General of New Jersey, attorney).

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

An application for a charter for Kenilworth State Bank was filed with the Commissioner of Banking and Insurance pursuant to N.J.S.A. 17:9A-1 et seq. He granted the application above the objection of The National State Bank of Elizabeth, which appealed under R.R. 4:88-8 to the Appellate Division. We certified before argument there. R.R. 1:10-1(a).

The Borough of Kenilworth is in...

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