2006 New York Code - Shares Of Unknown Or Absent Owner.

 
    § 970. Shares of unknown or absent owner. Where a person has been made
  a  defendant  as  an unknown person, or where the name of a defendant is
  unknown, or where the summons has been served upon a  defendant  without
  the  state or by publication, and he has not appeared in the action, the
  court shall direct his portion to be paid into  court  and  invested  in
  permanent  securities at interest, for his benefit, until claimed by him
  or his legal representatives.