Moran v. Toth

This is an application by a judgment creditor for an order directing the third party savings bank to pay out of the judgment debtor’s account a sum of money on account of the judgment. The judgment creditor has not tendered the pass book and objects to the bank’s demand that a bond for double the proposed withdrawal be posted.

The deposit amounts to $2,242.76. There is a prior judgment lien on the account in the sum of $968.75. The sum of approximately $1,274 is therefore available for application to this judgment in the sum of $2,661.50. The issue is the reasonableness of the bank’s by-law as…