In re State Bank

The opinion of the court was delivered by

Sullivan, J. A. D.

The Commissioner of Banking and Insurance of the State of New Jersey approved the application of the proposed “State Bank of Plainfield” for the charter of a bank to lie located at 20-34 Somerset Street, Plainfield, New Jersey. Two objector banking institutions appeal.

The stenographic record of the hearing before the Commissioner consists of more than 400 pages. Several detailed studies and reports involving matters pertinent to the application were marked in evidence.

The substance of applieanPs proof was that the City of Plainfield…