Question 493. - A garnishee is served on a bank. The only funds held in the name of the party garnisheed are in a trust account. Is the bank bound to hold the account to satisfy the garnishing order, (a) provided no declaration as to whom or for what the money is "in trust" has been made to the bank, (b) provided the trust has been stated?

Answer. - This is a case for the exercise of discretion. If the trust has been stated and the banker has no reason to be suspicious, he would probably be safe in disregarding the garnishee. If the trust has not been stated the banker may reasonably ask for particulars, and, if the depositor refuses, or gives unconvincing particulars, the funds should be held pending a further order from the Court.