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Matter of Modern Industrial Bank v. Kennedy

City Court of New York, Special Term, New York County
Nov 5, 1942
179 Misc. 646 (N.Y. City Ct. 1942)

Opinion

November 5, 1942.

O. Raymond Basile for judgment debtor.

Samuel L. Marcus for judgment creditor.


The fund attached consists of earnings of the judgment debtor, and as such it is absolutely exempt. It seems to me that it does not make the slightest difference that some of the earnings may have been a so-called "bonus." By whatever name it is called, the payment to be made to the judgment debtor by the steamship line by which he is employed is compensation for the services he rendered on his voyage to Russia and back. The fact that the compensation which the judgment debtor is receiving is especially high because of the dangerous nature of the voyage does not deprive it of the exemption which it enjoys under section 601 of title 46 of the United States Code. It is argued for the judgment creditor that even if the fund be exempt it may be attached in supplementary proceedings; this contention is without validity. (See D., L. W. Coal Co. v. Kenlon, 164 Misc. 32.)

The motion is granted. The third-party subpoena directed to and served on Sword Line, Inc., third party, on October 17, 1942, is vacated.


Summaries of

Matter of Modern Industrial Bank v. Kennedy

City Court of New York, Special Term, New York County
Nov 5, 1942
179 Misc. 646 (N.Y. City Ct. 1942)
Case details for

Matter of Modern Industrial Bank v. Kennedy

Case Details

Full title:In the Matter of MODERN INDUSTRIAL BANK, Judgment Creditor, v. LE ROY C…

Court:City Court of New York, Special Term, New York County

Date published: Nov 5, 1942

Citations

179 Misc. 646 (N.Y. City Ct. 1942)
38 N.Y.S.2d 814