Rubin v. Whitney

Pécora, J.

This action involves the determination of conflicting claims to the proceeds of the sale of the seat of Richard P. Worrall on the New York Stock Exchange. The proceeds have been deposited in court to await the decision herein. The plaintiff asserts she is entitled to the fund as a liquidating partner, or trustee, of the firm of Worrall & Co. The trustee in bankruptcy of Worrall contests this, and urges that the proceeds are properly an asset of the bankrupt to be administered by him in accordance with the Bankruptcy Act. The defendant Miles H. Vernon claims a hen or interest in the…