Legal Opinion
Hudson Cty. Nat'l Bank v. Provident Inst. for Savings in Jersey City
Supreme Court of New Jersey
Decided March 22, 1965PublishedCited by 12 opinions
1Opinion of the Court
The opinion of the court was delivered
2Per curiam
This case involves the question whether savings banks may accept deposits which are subject to withdrawal by check. The trial court held they could. Hudson County National Bank v. Provident Institution for Savings in Jersey City, 80 N. J. Super. 339 (Ch. Div. 1963). We certified the appeal before argument in the Appellate Division.
We affirm the judgment for substantially the reasons given by the trial court, but add a word about the provision of the Banking Act of 1948 (N. J. S. A. 17:9A—26(1)) which reads in part:
“In addition to the powers specified in…
3Cases cited1 opinion
- HUDSON CTY. NAT'L BK v. Provident Inst. for SavingsNew Jersey Superior Court Appellate Division · 1963
4Cited by12 opinions
- Supermarkets Gen. Corp. v. SillsNew Jersey Superior Court Appellate Division · 1966
- Federal Deposit Ins. Corp. v. Pioneer State BankNew Jersey Superior Court Appellate Division · 1977
- Savings Bank v. Bank CommissionerCourt of Appeals of Maryland · 1968
- Androscoggin County Savings Bank v. CampbellSupreme Judicial Court of Maine · 1971
- Terre Haute Savings Bank v. Indiana State BankIndiana Court of Appeals · 1978
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