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STATE BY PARSONS v. OTIS ELEVATOR CO.

10 N.J. 504 (1952)

92 A.2d 385

THE STATE OF NEW JERSEY, BY THEODORE D. PARSONS, ATTORNEY-GENERAL OF THE STATE OF NEW JERSEY, PLAINTIFF-RESPONDENT, v. OTIS ELEVATOR COMPANY, A CORPORATION, DEFENDANT-RESPONDENT, ABRAHAM GRENTHAL, SUBSTITUTED RECEIVER OF J.B. SKEHAN & CO., DEFENDANT-APPELLANT, AIDA M. RHODES, INDIVIDUALLY AND AS EXECUTRIX OF THE WILL OF FRANK C. RHODES, DEFENDANT.

The Supreme Court of New Jersey.

Decided November 10, 1952.

Attorney(s) appearing for the Case

Mr. Sol Phillips Perlman argued the cause for defendant-appellant.

Mr. Aaron Van Poznak argued the cause for plaintiff-respondent.

The opinion of the court was delivered by JACOBS, J.

In 1949 the plaintiff State of New Jersey duly instituted its proceeding in the Chancery Division under L. 1946, c. 155, as amended (R.S. 2:53-15 et seq.), against the defendant Otis Elevator Company to escheat certain personal property in its custody or possession, including shares of its corporate stock registered in the name of Frank C. Rhodes...

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