The opinion of the court was delivered by BIGELOW, J.A.D.
This is an appeal from a final decree of the Chancery Division determining who are the beneficiaries of a certain Welfare Fund. L.E. Carpenter & Company and a labor union which was the bargaining agent of most of its employees, entered into two agreements dated December 11, 1946, one covering wages and conditions of employment, the other providing for the Welfare Fund. The Fund was to be used only for the...
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