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KIDD v. OAKES

39 Misc.2d 100 (1963)

William C. Kidd et al., Plaintiffs, v. John J. Oakes, Defendant.

Civil Court of the City of New York, Trial Term, New York County.

April 30, 1963

Attorney(s) appearing for the Case

Hawkins, Delafield & Wood (Clarence Fried of counsel), for plaintiffs. Gerald F. Egan and Gerard A. Connolly for defendant.

CHARLES S. WHITMAN, JR., J.

Plaintiffs are trustees under a so-called Employees Profit Sharing Trust, under which certain payments are made to employees retiring from or leaving the employ of S. C. Johnson & Son, Inc. Payments to the trust are made exclusively by the company under a so-called deferred profit-sharing plan. The defendant after leaving the company applied for benefits under the plan and received...

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