Wilentz v. Fairland Management Corp., Inc.

21 A.2d 733, 130 N.J. Eq. 212, 1941 N.J. LEXIS 587

• Court: New Jersey Superior Court Appellate Division
• Decided: September 19, 1941
• Status: Published

Opinion

The opinion of the court was delivered by

Bodine, J.

The proceeding under review was instituted under the New Jersey Securities Act (N. J. S. A. 49:1-11) designed to prevent cheating in securities. An injunction was granted and a receiver was appointed. Prom our examination of the facts, it appears that the proofs supported the conclusion of the learned Vice-Chancellor. The procedure adopted merely followed that sanctioned in Stevens v. Associated Mortgage Co., 107 N. J. Eq. 297; affirmed, 110 N. J. Eq. 70, and Stevens v. Washington Loan Co., 107 N. J. Eq. 91; affirmed, 109 N. J. Eq. 128.

The decree is affirmed, with costs.

For affirmance — The Chiee-Justioe, Parker, Case, Bodine, Donges, Hei-ier, Perskie, Porter, Colie, Dear, Wells, Hague, Thompson, JJ. 13.

For reversal — None.