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IN RE PRINCETON BANK AND TRUST CO.

87 N.J. Super. 247 (1965)

208 A.2d 820

IN THE MATTER OF THE APPLICATION OF PRINCETON BANK AND TRUST COMPANY, FOR APPROVAL TO ESTABLISH A BRANCH OFFICE AT THE INTERSECTION OF U.S. ROUTE 206 AND THE MOUNT ROSE-ROCKY HILL ROAD. THE FIRST NATIONAL BANK OF PRINCETON, APPELLANT, v. CHARLES R. HOWELL, COMMISSIONER OF BANKING AND INSURANCE OF THE STATE OF NEW JERSEY, RESPONDENT.

Superior Court of New Jersey, Appellate Division.

Decided April 8, 1965.

Attorney(s) appearing for the Case

Mr. Crawford Jamieson argued the cause for appellant The First National Bank of Princeton (Messrs. Jamieson, Walsh & McCardell, attorneys).

Mr. William H. Osborne, Jr. argued the cause for respondent Princeton Bank and Trust Company (Messrs. Pitney, Hardin & Kipp, attorneys).

Mr. Avrom J. Gold, Deputy Attorney General, argued the cause for respondent Commissioner of Banking and Insurance (Mr. Arthur J. Sills, Attorney General, attorney; Mr. Alan B. Handler, First Assistant Attorney General, of counsel and on the brief).

Before Judges GOLDMANN, SULLIVAN and LABRECQUE.

The opinion of the court was delivered by GOLDMANN, S.J.A.D.

The First National Bank of Princeton (First National) appeals from a determination of the Commissioner of Banking and Insurance granting the application of Princeton Bank and Trust Company (Trust Company), a commercial state-chartered bank, to establish a branch bank office in Princeton Township. R.R. 4:88-8. The application was opposed by First National, a commercial federal-chartered bank; the Comptroller...

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