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STATE BY FURMAN v. AMSTED INDUSTRIES

48 N.J. 544 (1967)

226 A.2d 715

STATE OF NEW JERSEY, BY DAVID D. FURMAN, ATTORNEY GENERAL OF THE STATE OF NEW JERSEY, PLAINTIFF-APPELLANT, v. AMSTED INDUSTRIES, FORMERLY KNOWN AS AMERICAN STEEL FOUNDRIES, ETC., DEFENDANT-RESPONDENT.

The Supreme Court of New Jersey.

Decided February 20, 1967.

Attorney(s) appearing for the Case

Mr. Alan B. Handler, First Assistant Attorney General, argued the cause for appellant (Mr. Arthur J. Sills, Attorney General of New Jersey, attorney; Mr. Charles J. Kehoe, Deputy Attorney General, of counsel; Mr. William J. Walsh, Deputy Attorney General, on the brief).

Mr. Arthur C. Dwyer argued the cause for respondent (Messrs. Stryker, Tams & Dill, attorneys).

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

The plaintiff State of New Jersey filed its action under the Custodial Escheat Law (N.J.S. 2A:37-29 et seq.) for the custody of unclaimed dividends, wages and other monies held by the defendant Amsted Industries, a New Jersey corporation formerly known as American Steel Foundries, etc. Thereafter the Supreme Court rendered its decision in State of Texas...

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