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EMPLOYERS LIABILITY ASSURANCE CORP., LTD. v. HAIDT

6 N.J. 471 (1951)

79 A.2d 308

EMPLOYERS LIABILITY ASSURANCE CORPORATION, LTD., A CORPORATION, PLAINTIFF-RESPONDENT, v. HERBERT HAIDT, DEFENDANT-APPELLANT.

The Supreme Court of New Jersey.

Decided March 12, 1951.

Attorney(s) appearing for the Case

Mr. A. Warren Littman argued the cause for the appellant.

Mr. Joseph N. Braff argued the cause for the respondent (Messrs. Braff & Litvak, attorneys).

The opinion of the court was delivered by VANDERBILT, C.J.

The defendant as a trustee in bankruptcy of a corporation posted his bond with the Maryland Casualty Company as his surety in the amount fixed by the referee in bankruptcy. As trustee in bankruptcy he opened an account with the Central Trust Company of Rochester, New York. Checks were to be paid on the signature of the defendant as trustee, countersigned by the referee...

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