Union City Housing Authority v. Commonwealth Trust Co.

The opinion of the court was delivered by

Wachenfeld, J.

The Housing Authority of thé City of Union City is a public corporation organized by Union City under the authority of the Local Housing Authorities Law, N. J. 8. A. 55:14A-1 et seq., to supply safe and sanitary housing for persons of low income. In 1950 and 1951 the authority maintained checking accounts in its corporate name with two banks, the Commonwealth Trust Company and The Trust Company of New Jersey. During 1950 the Commonwealth Trust Company charged the authority’s account with $1,716, representing the total amount paid by the…