Rusch Factors, Inc. v. Passport Fashion, Ltd.

This is an interpleader action. Plaintiff, a stakeholder, held a fund to the credit of Passport Fashion, *4Ltd., one of the defendants. The fund, which amounts to $40,-665.74, has been paid into court. Claims thereto have been received from the other defendants to this action. Plaintiff seeks determination of the respective claims, discharge and costs, disbursements and counsel fees.

The matter has been submitted substantially on an agreed statement of facts.

Passport (now inactive) was engaged in the business of selling, ladies’ ready-to-wear garments at retail. During* 1967 its sole supplier…