MATTER OF HOME SAV. BANK (ASSOCS. DISC. CORP.)


196 Misc. 427 (1949)

In the Matter of Home Savings Bank of the City of Albany, Petitioner. Associates Discount Corporation et al., Respondents.

Supreme Court, Trial and Special Term, Albany County.

August 24, 1949.


Attorney(s) appearing for the Case

Byrne, Casey, Keenan & Trombly for petitioner.

Reilly & Reilly for themselves and other respondents.

Kenneth S. MacAffer for Hudson River Regulating District, respondent.

Jack Goodman for himself and other respondents.

Seth D. Cole, respondent in person.


BOOKSTEIN, J.

This is a proceeding to fix the reasonable rentals of respondents as of May 28, 1948, under the provisions of the "Albany business rent control law" (L. 1948, ch. 679).

Section 5 of said law authorizes the fixing of a rent, exceeding the emergency rent, which, by section 3 thereof, is defined as the rent payable under a lease in force on January 28, 1948. Said section 5 provides that the...

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