Case Name: David T. Wilentz, Attorney-General of the State of New Jersey, respondent, v. Fairland Management Corporation, Inc., a corporation of the State of New Jersey, et al., appellants
Court: New Jersey Court of Errors and Appeals
Jurisdiction: New Jersey
Decision Date: 1941-09-19
Citations: 130 N.J. Eq. 212
Docket Number: 
Parties: David T. Wilentz, Attorney-General of the State of New Jersey, respondent, v. Fairland Management Corporation, Inc., a corporation of the State of New Jersey, et al., appellants.
Judges: 
Reporter: New Jersey Equity Reports
Volume: 130
Pages: 212–213

Head Matter:
David T. Wilentz, Attorney-General of the State of New Jersey, respondent, v. Fairland Management Corporation, Inc., a corporation of the State of New Jersey, et al., appellants.
[Submitted May term, 1941.
Decided September 19th, 1941.]
Mr. Abraham M. Herman, for the appellants.
Mr. Andrew J. Marlcey, for the respondent, David T. Wilentz.

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.