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TABAS v. DEPARTMENT OF BANKING.

No. 2200 C.D. 1979.

54 Pa.Commw. 518 (1980)

Daniel M. Tabas, Petitioner v. Commonwealth of Pennsylvania, Department of Banking, Respondent.

Commonwealth Court of Pennsylvania.

November 13, 1980.

Attorney(s) appearing for the Case

Morris R. Brooke, with him Lewis H. Van Dusen Jr., and Thomas J. Leach, Drinker, Biddle & Reath, for petitioner.

Elisabeth S. Shuster, Deputy Attorney General, with her, John E. Nanorta and Bonnie Jean McRobbie, Assistant Attorneys General, Allen C. Warshaw, Deputy Attorney General, and Edward G. Biester, Jr., Attorney General, for respondent.

Argued September 10, 1980, before President Judge CRUMLISH and Judges WILKINSON, JR., MENCER, BLATT, CRAIG, MacPHAIL and WILLIAMS, JR., Judge ROGERS did not participate.

OPINION BY PRESIDENT JUDGE CRUMLISH, November 13, 1980:

Daniel M. Tabas appeals a Department of Banking (Department) decision which conditioned his ownership of shares of Lincoln National Company (Lincoln). We affirm in part and reverse in part.

In November, 1977, at the request of Norman D. Denny (Chairman of Lincoln National Company), the Department commenced proceedings against Tabas under Section 112 of the Banking Code of 1965, Act of November 30, 1965...

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