McCLOSKEY v. SCHRODER BANKING CORP.


7 Misc.2d 501 (1957)

John J. McCloskey, as Sheriff of the City of New York, New York County Division, et al., Plaintiffs, v. J. Henry Schroder Banking Corporation, Defendant.

Supreme Court, Trial Term, New York County.

May 20, 1957.


Attorney(s) appearing for the Case

Amos J. Peaslee, Jr. and Townsend J. Knight for plaintiffs.

John F. Dooling, Jr. and Francis Elwood Barkman for defendant.


SAMUEL C. COLEMAN, J.

This is an action in aid of an attachment (Civ. Prac. Act, § 943) brought by the Sheriff and the attaching plaintiff against a bank to reduce to possession a bank account on deposit with the bank in the name of the defendant in the attachment proceedings. The bank has declined to turn over the funds to the Sheriff on the ground that the account constitutes proceeds from a trust receipt...

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