SULLIVAN, J.S.C.
This case poses a novel point. Plaintiff, the State of New Jersey, has filed proceedings against defendant, the National State Bank of Newark, under the 14-year Escheat Act, N.J.S. 2A:37-11 et seq.
Briefly, the complaint charges that the defendant has in its custody or possession personal property which has escheated to the State under the aforesaid act. Defendant has filed an answer setting forth that it has $436.50 in...
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