Geldmacher v. City of New York

This is a motion by the plaintiff for summary judgment in an action against the city to recover the sum of $3,000, based upon the unauthorized investments by the then city chamberlain of funds deposited with him by order of the Supreme Court for the benefit of the plaintiff, then an infant. The fund was deposited with the chamberlain on January 4, 1924, as the result of the settlement of the infant’s action for personal injuries. The order permitting the settlement provided that the fund be deposited “ subject to the further order of this court.” There were no later directions. On May 25,…