Fort Lee Savings & Loan Association v. Li Butti

55 N.J. 532 (1970)

264 A.2d 33

FORT LEE SAVINGS & LOAN ASSOCIATION, A NEW JERSEY CORPORATION, PLAINTIFF,

v.

JOSEPH R. LI BUTTI, a/k/a JOSEPH R. LI BUTTI, JR. AND JOANNE LI BUTTI, a/k/a JOAN LI BUTTI, HIS WIFE, JOSEPH LI BUTTI AND EDITH LI BUTTI, HIS WIFE, JOSEPH DE SIERVO AND VIOLA DE SIERVO, HIS WIFE, PEOPLES TRUST CO. OF BERGEN COUNTY, A CORPORATION OF NEW JERSEY, HORIZON HOUSE MANAGEMENT CORP., A NEW JERSEY CORPORATION, AND ALLEN CARPET SHOPS, INCORPORATED, A NEW JERSEY CORPORATION, DEFENDANTS-RESPONDENTS, AND MITCHELL HUTCHINS & CO., INC., A DELAWARE CORPORATION, DEFENDANT-APPELLANT.

The…