MATTER OF DEVANE v. TROY SAV. BANK


101 A.D.2d 634 (1984)

In the Matter of Richard B. Devane, Respondent, v. Troy Savings Bank et al., Appellants

Appellate Division of the Supreme Court of the State of New York, Third Department.

April 12, 1984


¶ Petitioner, a trustee of respondent Troy Savings Bank since 1970, was removed from said position on January 24, 1983 when his office was revoked for a purported violation of section 247 (subd 2, par [a]) of the Banking Law. It appears that Devane Realty, a real estate agency owned and operated by petitioner's wife, accepted a listing to sell property in Rensselaer County and placed it with a multiple listing service. Lori Schindler Realty obtained a purchaser, and...

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