Modern Industrial Bank v. Kennedy
Opinion of the Court
The fund attached consists of earnings of the judgment debtor, and as such it is absolutely exempt. It seems to me that it does not make the slightest difference that some of the earnings may have been a so-called “ bonus.” By whatever name it is called, the payment to be made to the judgment debtor by the steamship line by which he is employed is compensation for the services he rendered on his voyage to Russia and back. The fact that the compensation which the judgment debtor is receiving is especially high because of the dangerous nature of the voyage does not deprive it of the exemption which
The motion is granted. The third-party subpoena directed to and served on Sword Line, Inc., third party, on October 17, 1942, is vacated.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.