The fact of solvency or insolvency is controlling. * * * [at 492; emphasis added] To the same effect, see Marini v. Palisade National Bank, 113 N.J. Eq. 495 ( Ch. 1933) and 114 N.J. Eq. 76 ( Ch. 1938); DeStefano v. American Chocolate Almond Co., 107 N.J. Eq. 156 ( Ch. 1930); Regina Music Box Co. v. F.G. Otto Sons, 65 N.J. Eq. 582 ( Ch. 1903), aff'd o.b. 68 N.J. Eq. 801, 802 ( E. A. 1905). Subsequent to Hoagland,supra, this precise question was again considered in Long v. Republic Varnish Enamel, etc., Co., 115 N.J. Eq. 212 ( E. A. 1934).