HAELIG v. MAYOR & COUNCIL OF BOUND BROOK BOROUGH


105 N.J. Super. 7 (1969)

250 A.2d 788

ROBERT K. HAELIG, WILLIAM KLOMPUS AND EDWARD WASSER, PLAINTIFFS-APPELLANTS, v. MAYOR AND COUNCIL OF THE BOROUGH OF BOUND BROOK, DEFENDANT-RESPONDENT, v. THE FIRST NATIONAL BANK OF SOMERSET COUNTY, N.J., A NATIONAL BANKING CORPORATION ORGANIZED UNDER THE LAWS OF THE UNITED STATES, INTERVENOR-RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided March 3, 1969.


Attorney(s) appearing for the Case

Messrs. Freint and Jacobs appeared for plaintiffs.

Messrs. Imbriani, Hughes, Westling & Lucas appeared for The First National Bank of Somerset County, New Jersey.

No appearance on behalf of the Mayor and Council of the Borough of Bound Brook.

Before Judges GAULKIN, COLLESTER and LABRECQUE.


The opinion of the court was delivered by GAULKIN, S.J.A.D.

The First National Bank of Somerset County, New Jersey (bank) offered to purchase certain property owned by the Borough of Bound Brook pursuant to N.J.S.A. 40:60-26(c). By resolution of May 7, 1968, published in a local newspaper on May 16, 1968, the borough "approved" the bank's offer, setting May 21, 1968 as the date on which the property would be "offered at public sale to the highest bidder...

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