Citation Numbers: 172 A. 49, 115 N.J. Eq. 572, 1934 N.J. LEXIS 778
Judges: PER CURIAM.
Filed Date: 4/12/1934
Status: Precedential
Modified Date: 11/11/2024
Our examination of this case satisfies us that the case was rightly decided for reasons given in the opinion of Vice-Chancellor Ingersoll in the court below. We find, however, an error in the opinion which, while not affecting the result, we desire to correct.
The vice-chancellor says in passing that "the burden of proof is, of course, upon the complainants." That is not so in the circumstances of the present case.
The true rule applicable to the situation here is that stated by Mr. Justice Parker in Moore Securities Co. v. Schaffer,
The decree below will be affirmed, with costs.
For affirmance — THE CHIEF-JUSTICE, TRENCHARD, PARKER, LLOYD, CASE, BODINE, DONGES, HEHER, PERSKIE, VAN BUSKIRK, KAYS, HETFIELD, DEAR, WELLS, DILL, JJ. 15.
For reversal — None. *Page 574