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Montclair Trust Co. v. the Star Co.

Court of Errors and Appeals
Jan 29, 1948
141 N.J. Eq. 263 (N.J. 1948)

Opinion

Argued October term, 1947.

Decided January 29th, 1948.

The Chancery decree in this case is faulty in that the property to be sold is not set out, but described in the annexed schedules; the recitals attempt to effectuate negative adjudications against appellant as to precise questions put in issue and on which it was unsuccessful: it contains recitals of the pleadings and the matter contained should be stated more succinctly.

On appeal from a decree advised by Vice-Chancellor Stein, whose opinion is reported in 139 N.J. Eq. 211.

Messrs. Carpenter, Gilmour Dwyer ( Mr. James D. Carpenter, Jr., and Mr. Arthur T. Vanderbilt, of counsel), for the appellant. Messrs. Boyd, Dodd, Keer Booth ( Mr. Ernest F. Keer, Jr., and Mr. Waldron M. Ward, of counsel), for the respondent.


This case was orally argued with No. 214, October term, 1949, The Star Co. v. Montclair Trust Co. Our consideration thereof and of the proofs and briefs, leads us to conclude that the decree of the court below was proper in the following particulars, and we affirm the decree in so far as it dismissed appellant's counter-claim, determined that there was due and owing to complainant the sum of $97,214.10, directed a special master to make sale of the remaining assets, and the distribution to be made of the proceeds.

The decree is faulty and should be amended in the following particulars: The property to be sold is not set out, but is described in schedules annexed; the recitals attempt to effectuate several negative adjudications against appellant as to precise questions put in issue and on which it was unsuccessful; it contains recitals of the pleadings and the matter contained should be more succinctly stated. Bull v. International Power Co., 84 N.J. Eq. 209; affirmed, 85 N.J. Eq. 206; Beall v. New York and New Jersey Water Co., 87 N.J. Eq. 390; N.J.S.A. 2:29-52.

The record will be remanded to the Court of Chancery for disposition consistent herewith.

For affirmance — THE CHIEF-JUSTICE, BODINE, DONGES, HEHER, COLIE, EASTWOOD, BURLING, WELLS, DILL, FREUND, McLEAN, SCHETTINO, JJ. 12.

For reversal — None.


Summaries of

Montclair Trust Co. v. the Star Co.

Court of Errors and Appeals
Jan 29, 1948
141 N.J. Eq. 263 (N.J. 1948)
Case details for

Montclair Trust Co. v. the Star Co.

Case Details

Full title:MONTCLAIR TRUST COMPANY, a New Jersey corporation, complainant-respondent…

Court:Court of Errors and Appeals

Date published: Jan 29, 1948

Citations

141 N.J. Eq. 263 (N.J. 1948)
57 A.2d 7

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