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Fort Lee Savings & Loan Association v. Butti

Decided: April 20, 1970.

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



For reversal -- Chief Justice Weintraub and Justices Jacobs, Francis, Proctor, Hall, Schettino and Haneman. For affirmance -- None.

Per Curiam

The judgment of the Appellate Division is reversed for the reasons given in the dissenting opinion of Judge Carton. Fort Lee Savings and Loan Ass'n v. Li Butti, 1 ...


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