42 N.J. 364 (1964)
200 A.2d 782
MERCHANTS INDEMNITY CORPORATION OF NEW YORK, PLAINTIFF-RESPONDENT,
MERCHANTS INDEMNITY CORPORATION OF NEW YORK, PLAINTIFF-RESPONDENT,
v.
VICTORY IRON WORKS, INC., MARTIN EDSON, JR., DEFENDANTS, JOHN R. HENCHES, DEFENDANT-APPELLANT.
The Supreme Court of New Jersey.
Argued April 20, 1964. Decided June 5, 1964.*365 Mr. Seymour M. Karas argued the cause for the appellant.
Mr. H. Curtis Meanor argued the cause for the respondent (Messrs. Lamb, Blake, Hutchinson & Dunne, attorneys; Mr. William V. Breslin, of counsel).
PER CURIAM.
The judgment is affirmed for the reasons expressed in the opinion of Judge Gaulkin in the Appellate Division.
For affirmance Chief Justice WEINTRAUB, and Justices JACOBS, FRANCIS, PROCTOR, HALL, SCHETTINO and HANEMAN 7.
For reversal None.