Case ID: nj-eq_116/html/0573-01.html
Source: Caselaw Access Project
Author: {"author": "\n      Pee Curiam.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Arnold A. Hart, trustee in bankruptcy of The New Milford Transportation Company, Incorporated, bankrupt, complainant-respondent, v. Seacoast Credit Corporation, defendant-appellant.
    [Submitted May Term, 1934.
    Decided September 27th, 1934.]
    
      Mr. George H. Rosenstein, for the appellant.
    
      Mr. Warren Dixon, Jr., for the respondent.
   Pee Curiam.

The decree herein will be affirmed, for the reasons stated in the opinion hied in the court below by Yiee-Chancellor Bigelow.

We hnd it unnecessary to determine that four months* delay in seeking the approval of the board of public utility commissioners of the sale of such franchises would, under any and all circumstances, render the sale void. We express no opinion as to this. Nor is it necessary to review the holding below that “money in court or in the hands of an officer,” and “money due on a judgment,” are exempt from attachment.

For affirmance — The Chiee-Justice, Trenchard, Parker, Lloyd, Case, Bodine, Donges, Heher, Perskie, Yan Buskiric, Kays, Heteield, Dear, Wells, JJ. 14.

For reversal — None.