In re the General Assignment for the Benefit of Creditors of International Ribbon Mills, Ltd.

This is an action to compel an assignee for the benefit of creditors to turn over moneys to petitioner, a judgment creditor of International Bibbon Mills, Ltd. (International) the judgment debtor. The petition was granted and an order (judgment) entered February 28,1973. This appeal resulted.

On April 21,1972, a judgment was entered in the Civil Court of the City of New York, New York County, in favor of Arjan Bibbons, Inc. (Arjan), in the sum of $4,412.47. On April 24, 1972, pursuant to CPLB 5222 (subd. [b]), Arjan mailed a restraining notice to International, 18 days before International…