Petroleum Acceptance Corp. v. Queen Anne Laundry Service, Inc.
Appellate Division of the Supreme Court of the State of New York
1Per curiam
Action by the holder against the maker of a promissory note. Plaintiff claims to be a holder in due course of a promissory note executed by the defendant, dated June 18, 1941. Defendant asserts that the note is uncollectible because of certain equities.
The making and nonpayment of the note are admitted by defendant. The payee, Sherb, Wood Company, procured its *693discount with plaintiff for a valuable consideration on May 5, 1941. Plaintiff claims that prior to that date it advanced sums of money to Sherb, Wood Company on a contract which the latter had with defendant for the sale and…
2Cases cited11 opinions
- Enoch v. BrandonNew York Court of Appeals · 1928
- Davis v. . McCreadyNew York Court of Appeals · 1858
- Tradesmen's National Bank v. CurtisNew York Court of Appeals · 1901
- National Bank of Watervliet v. MartinAppellate Division of the Supreme Court of the State of New York · 1922
- United States v. HansettCourt of Appeals for the Second Circuit · 1941
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3Cited by11 opinions
- Federal Deposit Insurance v. RussoAppellate Division of the Supreme Court of the State of New York · 1982
- Aryeh v. Eastern InternationalAppellate Division of the Supreme Court of the State of New York · 1976
- Eaton v. Laurel Delicatessen Corp.New York Court of Appeals · 1959
- South Shore Securities Co. v. GoodeNew York Supreme Court · 1957
- American Trust Co. v. GlassmanNew York Supreme Court · 1960
6 more not listed; retrieve them via the Exa API.