Jersey City Welding & MacHine Works, Inc. v. Hudson County White Co.

The opinion of the court was delivered by

Bodine, J.

The Morgan Realty Company appeals from an order of' the court of chancery directing it to pay to the receiver of the defendant company the sum of $2,500. The order was entered in a summary proceeding in a receivership cause. The realty company was not a defendant in the receivership proceeding. The moneys, which it was directed to return, were paid upon the execution of a lease of realty. The lease was made with the insolvent defendant. The lease provides as follows:

“As security and to partly secure a portion of the rental of the leased…