Manufacturers & Traders Trust Co. v. Bell

Judgment and order reversed on the law, without costs of this appeal to either party, and a declaratory judgment is directed to be entered, without costs, in accordance with the following memorandum: In our opinion the Special Term correctly held that the plaintiff is not authorized under the Banking Law to open an additional branch office in the city of Niagara Falls, New York, and that the defendant, as Superintendent of Banks of the State of New York, is not authorized to approve the application to open such additional branch office. Where, however, it is found that the complaint states a…