FIREMEN'S INS. CO. OF NEWARK v. Newell

PRESIDING JUSTICE McCORMICK

delivered the opinion of the court.

An interpleader suit was filed by the Firemen’s Insurance Company of Newark, New Jersey, to enable the court to determine who was entitled to $8,107.94 which the company admitted it owed under a policy of fire insurance. The court in its decree found in favor of defendants Dee Newell and Sam Lazarus and entered judgment against defendants Louis Seiden, Marek Kraus, as trustee, and Security Finance Corporation, jointly and severally, in the sum of $1,689.70, which included $550 for interest at the rate of five per cent on the sum of…