Opinion
Decided February 1st, 1932.
On appeal from a decree of the court of chancery.
Mr. W. Lindley Jeffers, for the appellant.
Messrs. Thompson Hanstein, for the respondents.
The decree appealed from will be affirmed, for the reasons stated in the opinion filed in the court below by Vice-Chancellor Ingersoll, and reported in 105 N.J. Eq. 501; sub nom. Elrae Corp. v. Bankers Trust Co. For affirmance — THE CHIEF-JUSTICE, TRENCHARD, PARKER, CAMPBELL, LLOYD, CASE, BODINE, DALY, DONGES, HETFIELD, DEAR, WELLS, JJ. 12.
For reversal — None.