New Jersey Superior Court Appellate Division December 1, 1952 (City of Passaic v. City of Clifton)

The opinion of the court was delivered by

Sohettino, J. S. C.

The question presented is whether the City of Passaic or the City of Clifton is entitled to receive a portion of the taxes levied for the year 1951 upon the shares of common stock of Passaic-Clifton National Bank and Trust Company, a national banking association.