IN RE APPLICATION MONTCLAIR SAVINGS BANK


114 N.J. Super. 196 (1971)

275 A.2d 746

IN THE MATTER OF THE APPLICATION OF THE MONTCLAIR SAVINGS BANK FOR APPROVAL OF A BRANCH OFFICE AT 508 POMPTON AVENUE, CEDAR GROVE TOWNSHIP, ESSEX COUNTY, IN THE FIRST BANKING DISTRICT OF NEW JERSEY.

Superior Court of New Jersey, Appellate Division.

Decided March 17, 1971.


Attorney(s) appearing for the Case

Mr. Fred G. Stickel, III, argued the cause for appellant Cedar Grove Savings and Loan Association (Messrs. Stickel, Kain and Stickel, attorneys).

Mr. Joseph C. Glavin, Jr., argued the cause for respondent Cedar Grove State Bank.

Mr. Irwin I. Kimmelman argued the cause for respondent Montclair Savings Bank (Messrs. Hannoch, Weisman, Stern & Besser, attorneys).

Mr. T. Robert Zochowski argued the cause for the Commissioner of Banking (Mr. George F. Kugler, Jr., Attorney General of New Jersey, attorney).

Before Judges KILKENNY, HALPERN and LANE.


The opinion of the court was delivered by KILKENNY, P.J.A.D.

On March 17, 1970 the Commissioner of Banking of the State of New Jersey approved the application of the Montclair Savings Bank for a branch office in Cedar Grove Township.

Cedar Grove Savings & Loan Association and Cedar Grove State Bank (a commercial bank), objectors to the application, have taken this appeal from the decision and order of the Commissioner of Banking. They contend that (1)...

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