Wilentz v. Fairland Management Corp., Inc.

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 *213 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.