Daniello v. Daniello

In a separation action, the duly-appointed receiver in sequestration moves, pursuant to section 1171-a of the Civil Practice Act, to require Manhattan Color Laboratory, Inc., hereinafter called Manhattan, and/or its president, Selwyn Bobbins, to deliver to him certain sums of money allegedly belonging to the defendant.

The defendant had owned stock in Manhattan, but shortly before this action for separation was commenced he entered into an agreement in which Manhattan contracted to redeem his stock. The agreement provided in pertinent part that $40,800 was to be paid to redeem the defendant’s…