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BULMAN v. McCRANE

123 N.J. Super. 213 (1973)

302 A.2d 163

WILLIAM J. BULMAN, PLAINTIFF, v. JOSEPH M. McCRANE, JR., TREASURER, STATE OF NEW JERSEY; WALTER T. PETERS, JR., DIRECTOR, DIVISION OF BUILDING AND CONSTRUCTION, DEPARTMENT OF THE TREASURY, STATE OF NEW JERSEY; AND JAMES A. O'CONNOR, DIRECTOR, DIVISION OF PURCHASE AND PROPERTY, DEPARTMENT OF THE TREASURY, STATE OF NEW JERSEY, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided March 7, 1973.

Attorney(s) appearing for the Case

Mr. Kenneth L. Estabrook for plaintiff (Messrs. Lindabury, McCormick & Estabrook, attorneys; Mr. Richard R. Width and Mr. Peter A. Somers, on the brief).

Mr. Morton I. Greenberg, Assistant Attorney General, for defendants (Mr. George F. Kugler, Jr., Attorney General of New Jersey, attorney; Mr. Alan B. Rothstein, Deputy Attorney General, on the brief).

SEIDMAN, J.S.C.

This is a taxpayer's suit to enjoin defendants from entering into a preliminary contract and lease, with option to purchase, for a building to be constructed on state-owned property. The litigation raises complex and difficult issues which, in the factual context here present, have not been fully resolved by our appellate courts.

Put concisely, the problem presented is whether a lease-purchase arrangement whereby a state agency contracts with...

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