New Jersey Court of Chancery February 16, 1942, Docket 139/349 (American Homes Co. v. Krantz)

This is an interpleader suit. The defendant George W. Krantz entered into a written contract with the complainant, American Homes Company, for the erection of two dwelling houses in Caldwell. Krantz abandoned the work on the houses and the owner, the complainant, completed the same. After deducting the cost of completing the work there remained a balance of $2,600.13 due Krantz the contractor.