IN THE MATTER OF THE APPLICATION FOR A CHARTER FOR THE SPRINGFIELD STATE BANK, TO BE LOCATED AT 220-230 ROUTE 22 IN THE TOWNSHIP OF SPRINGFIELD, COUNTY OF UNION.
Superior Court of New Jersey, Appellate Division.https://leagle.com/images/logo.png
Argued October 14, 1969.
Decided October 20, 1969.
Attorney(s) appearing for the Case
Mr. Barry D. Maurer argued the cause for appellant The National State Bank (Messrs. Wilentz, Goldman & Spitzer, attorneys).
Mr. Hugo M. Pfaltz, Jr. argued the cause for appellant Summit & Elizabeth Trust Co. (Messrs. Bourne & Noll, attorneys).
Mr. Donald G. Kein argued the cause for appellant The Union Center National Bank (Messrs. Kein, Scotch, Pollatschek, Iacopino & Kein, attorneys).
Mr. Jerome C. Eisenberg argued the cause for respondent Springfield State Bank (Messrs. Norris, McLaughlin & Trucker and Messrs. Clapp & Eisenberg, attorneys; Mr. Robert P. Gorman, of counsel).
Mr. Arthur J. Sills, Attorney General, attorney for Horace J. Bryant, Jr., Commissioner of Banking and Insurance of New Jersey, did not argue but filed a statement in lieu of brief (Mr. Joel L. Shain, Deputy Attorney General, of counsel).
Before Judges GOLDMANN, LEWIS and MATTHEWS.
Superior Court of New Jersey, Appellate Division.
GOLDMANN, P.J.A.D.
National State Bank, Summit & Elizabeth Trust Company, and Union Center National Bank appeal from the determination of the Commissioner of Banking and Insurance approving the application of Springfield State Bank for a charter.
We find substantial persuasive relevant testimony in the record to support the Commissioner's findings that the proposed bank would serve the public interest to...
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