Case Name: The People of the State of New York, Respondent, v. The Federal Bank of New York, Defendant; Leo Schlesinger, as Receiver of The Federal Bank of New York, and Others, Attorneys for Said Receiver, Appellants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1906-07-12
Citations: 114 A.D. 374
Docket Number: 
Parties: The People of the State of New York, Respondent, v. The Federal Bank of New York, Defendant. Leo Schlesinger, as Receiver of The Federal Bank of New York, and Others, Attorneys for Said Receiver, Appellants.
Judges: 
Reporter: Appellate Division Reports
Volume: 114
Pages: 374–374

Head Matter:
The People of the State of New York, Respondent, v. The Federal Bank of New York, Defendant. Leo Schlesinger, as Receiver of The Federal Bank of New York, and Others, Attorneys for Said Receiver, Appellants.
First Department,
July 12, 1906.
Attorney and client — when Special Term, cannot reduce stipulated compensation of attorney.
When parties to an action have «stipulated as to the amount attorneys shall receive as compensation, the Special Term cannot reduce the amount so long as the stipulation remains in force.
Appeal by Leo Schlesinger, as receiver of The Federal Bank of New York, and others, from so much of an order of the Supreme Court, made at the New York Special Term and entered in the office of the clerk of the county of New York on the 16th day of May, 1906, as modifies the report of a referee by reducing the compensation allowed to the receiver’s attorneys from $20,000 to $15,000.
D. Cady Herrick, for the appellants.
Charles F. Bostwick, for the respondent.

Opinion:
Per Curiam :
It would seem from the course of the trial before the referee that it was practically stipulated that the claimants' compensation should be fixed at $20,000. The People, represented by the Attorney-General, and the claimants were the only parties to .the reference. Any stipulation they may have made the Special Term could not disturb while it remained in force. This being so, the action of the Special Term in reducing that amount to $15,000 was unwarranted. The order appealed from should be reversed and the report of the referee confirmed, without costs.
Present—O'Brien, P. J., Patterson, McLaughlin, Laughlin and. Houghton, JJ.
Order reversed and report of referee confirmed, without costs. Order filed.