STATE v. FIDELITY UNION TRUST CO.


25 N.J. 387 (1957)

136 A.2d 636

THE STATE OF NEW JERSEY BY THEODORE D. PARSONS, ATTORNEY-GENERAL OF THE STATE OF NEW JERSEY, PLAINTIFF-RESPONDENT, v. FIDELITY UNION TRUST COMPANY, A BANKING CORPORATION OF THE STATE OF NEW JERSEY, DEFENDANT-APPELLANT, AND CLINTON TRUST COMPANY, A BANKING CORPORATION OF THE STATE OF NEW JERSEY (IN DISSOLUTION), DEFENDANT-APPELLANT.

The Supreme Court of New Jersey.

Argued November 4, 1957.

Decided December 9, 1957.


Attorney(s) appearing for the Case

Mr. Theodore McC. Marsh argued the cause for the defendant-appellant Fidelity Union Trust Company (Messrs. Riker, Emery & Danzig, attorneys).

Mr. Herman J. Harris argued the cause for the defendant-appellant Clinton Trust Company (in dissolution).

Mr. David D. Furman, Deputy Attorney-General, argued the cause for the plaintiff-respondent (Mr. Grover C. Richman, Jr., Attorney-General of New Jersey, attorney).


The opinion of the court was delivered by BURLING, J.

These are appeals by the defendants, Fidelity Union Trust Company and Clinton Trust Company, from the judgment of the Chancery Division of the Superior Court in favor of the State, providing for the escheat of certain personal property pursuant to the provisions of the 14 year escheat statute, N.J.S. 2A:37-11 et seq. We certified the matter on our own...

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