APPROVED FINANCE CO., ET AL. v. SCHAUB ET AL.,


73 N.J. 193 (1977)

373 A.2d 994

APPROVED FINANCE CO., ET AL., PLAINTIFFS-APPELLANTS, v. RICHARD F. SCHAUB ET AL., DEFENDANT-RESPONDENT, AND MAJESTIC FINANCE & DISCOUNT CORP., ET AL., PLAINTIFFS-APPELLANTS, v. RICHARD F. SCHAUB ET AL., DEFENDANT-RESPONDENT.

The Supreme Court of New Jersey.

Decided May 12, 1977.


Attorney(s) appearing for the Case

Mr. Steven S. Radin and Mr. Robert S. Fisher argued the cause for appellants Majestic Finance & Discount Corp., et al. (Messrs. Sills, Beck, Cummis, Radin & Tischman, attorneys; Mr. Gerald Span on the brief).

Mr. Harvey L. Weiss argued the cause for appellants Approved Finance Co., et al. (Messrs. Stern & Weiss, attorneys).

Mr. Michael E. Goldman, Deputy Attorney General, argued the cause for respondent (Mr. William F. Hyland, Attorney General of New Jersey, attorney).


PER CURIAM.

These consolidated appeals are here on our certification to the Appellate Division, 70 N.J. 273 (1976), of a judgment declaring the validity of certain regulations promulgated by the defendant Commissioner of the Department of Banking, under and pursuant to the Secondary Mortgage Loan Act, N.J.S.A. 17:11A-34 et seq. The nature of the proceedings culminating in this appeal, the text of the regulations under...

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