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NAT. COMMUNITY BANK OF RUTHERFORD v. HOWELL

106 N.J. Super. 317 (1969)

255 A.2d 789

NATIONAL COMMUNITY BANK OF RUTHERFORD, APPELLANT, v. CHARLES R. HOWELL, COMMISSIONER OF BANKING AND INSURANCE, AND PEOPLES BANK OF SOUTH BERGEN COUNTY, RESPONDENTS.

Superior Court of New Jersey, Appellate Division.

Decided July 1, 1969.

Attorney(s) appearing for the Case

Mr. George A. Brown argued the cause for appellant (Messrs. Morrison, Lloyd & Griggs, attorneys; Mr. Richard J. Ryan, on the brief).

Mr. George B. Gelman argued the cause for respondent Peoples Bank of South Bergen County (Messrs. Calissi, Gelman, Cuccio & Klinger, attorneys).

Mr. Arthur J. Sills, Attorney General of New Jersey, filed statement in lieu of brief on behalf of Horace J. Bryant, Jr., Commissioner of Banking and Insurance of New Jersey (Mr. Joel L. Shain, Deputy Attorney General, of counsel and on the brief).

Before Judges CONFORD, KILKENNY and LEONARD.

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

As to appellant's contentions that the evidence does not support the determinations of the Commissioner that (1) conditions in the locality afford reasonable promise of successful operation by the proposed new bank, and that (2) the interest of the public will be served to advantage by the proposed bank, we disagree. The record as a whole provides substantial credible evidence of the affirmative of those...

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