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CONSUMER SAVINGS BANK v. COMMISSIONER OF BANKS

361 Mass. 717 (1972)

282 N.E.2d 416

CONSUMER SAVINGS BANK vs. COMMISSIONER OF BANKS.

Supreme Judicial Court of Massachusetts, Worcester.

May 2, 1972.

Attorney(s) appearing for the Case

Warren C. Lane, Jr. (William J. LeDoux, Erwin H. Miller, & William B. Field with him) for the plaintiff.

Lawrence T. Bench, Assistant Attorney General (Walter H. Mayo, III, Assistant Attorney General, with him) for the defendant.

Present: TAURO, C.J., CUTTER, SPIEGEL, REARDON, & HENNESSEY, JJ.

REARDON, J.

This is a bill for declaratory relief seeking a declaration whether the plaintiff, a savings bank (bank) subject to G.L.c. 168, has authority to arrange for the transfer of funds from savings accounts by withdrawal orders in negotiable form without requiring the depositor or his representative to appear at the bank's offices. The case was reported without decision by a Superior Court judge upon the bill and exhibits, the answer, and a case stated with...

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