Sebolt v. National Bank of New Jersey

"The decree under appeal is reversed with costs and the cause is remanded to the Court of Chancery to the end that the Chancellor may make a new order of reference." Such is the language of the concluding paragraph of the opinion of the former Court of Errors and Appeals rendered in this cause on September 25, 1947. Sebolt v. National Bank of New Jersey, 140 N.J. Eq. 440, 55 A.2d 97. Recently the action was referred to me, and an application is now made on behalf of the defendants for an order suspending the further prosecution of the action until the plaintiffs have paid the costs of…